Figure Technology shares rise 6% after preliminary Q4 revenue tops estimates
Figure shares rise 6% after forecasting up to $162M in Q4 revenue, beating estimates as loan activity surges 131%. The post Figure Technology shares rise 6% after preliminary Q4 revenue tops estimates appeared first on Crypto Briefing....
Read More
‘A Big, Bipartisan Group Working Hard’ On Crypto Bill As Paul Atkins Warns On Conflicts Of Interest
According to Sen. Mark Warner (D-VI), a “big, bipartisan group working hard” to advance the Senate’s crypto market structure bill, even as talks face mounting obstacles. Future-Proof Policy Requires Congress During a Senate Banking Committee hearing, SEC Chairman Paul Atkins cautioned that while the agency can issue rules under...
Read More
Bitcoin Shorts Hit August 2024 Levels as Funding Rates Sink Deeply Negative
Aggregated funding rate data across major cryptocurrency exchanges revealed that the current wave of short positioning is the most extreme since August 2024, a period that coincided with a major bottom for Bitcoin, according to new analysis from Santiment. At that time, funding rates sank deeply into negative territory...
Read More
Are You Still Crypto Mining?
Are You Still Crypto Mining? ASIC Mining Central : http://bit.ly/3W1Yksj Code "RABID" $50 Off Bitcoin SOLO Lottery Miners Power Mining: http://bit.ly/3JrX0fo (Code RABIDMINING 10% Off) Bitcoin Merch: http://bit.ly/4lYlaLV Shop Amazon Help The Channel: https://geni.us/5tNBqj (PAID LINK) ASIC Mining Central: http://bit.ly/3W1Yksj Code "RABID" $50 Off Z15PRO For Zcash: http://bit.ly/4gYuyOJ XTBox:...
Read More
Namik Muduroglu: Blockchain teams must engage in application development, MegaETH achieves 55,000 transactions per second, and the shift from infrastructure to user-centric ecosystems | Unchained
MegaETH’s innovative approach aims to redefine blockchain application development for broader user adoption. The post Namik Muduroglu: Blockchain teams must engage in application development, MegaETH achieves 55,000 transactions per second, and the shift from infrastructure to user-centric ecosystems | Unchained appeared first on Crypto Briefing....
Read More
ARK Invest expands holdings in Bitmine, Bullish, and Robinhood
ARK Invest bought $19M in Bitmine, Bullish and Robinhood shares as crypto-linked equities gained, extending its buying streak. The post ARK Invest expands holdings in Bitmine, Bullish, and Robinhood appeared first on Crypto Briefing....
Read More
Crypto Trader To Tesla Bulls: ‘Give Me One Reason Why TSLA Is Worth $1.3 Trillion’
Prominent pseudonymous crypto trader DonAlt on Friday challenged Tesla (NASDAQ:TSLA) bulls to justify the company’s $1.3 trillion valuation, questioning the AI, cars, and X as the stock fell 0.5% testing the 200 EMA at $394. The Bear Case DonAlt posted on X asking why Tesla deserves its current market...
Read More
Coinbase Doubles Market Share, Analyst Says Stock Is ‘More Diversified Than Ever’
Coinbase Global (NASDAQ:COIN) stock is trading higher on Friday after the company reported mixed fourth-quarter (Q4) results. Here’s why analysts are lowering their price targets after the quarterly results. JPMorgan analyst Kenneth Worthington maintained an Overweight rating on Coinbase and lowered the price target from $290 to $252. Rosenblatt...
Read More
Retail Isn’t Fueling Crypto Right Now, So The Easy Flip Cycle Is Over
Robinhood’s earnings provide a clear signal of where retail enthusiasm stands. Transaction-based revenue climbed 15% year-over-year to $776 million, fueled by options and equities trading. In contrast, cryptocurrency revenue dropped 38% to $221 million. Retail participation in markets continues at a healthy pace, as broader trading volumes make clear....
Read More
Goldman Sachs Reveals $152 Million Bet On XRP
American multinational investment bank Goldman Sachs recently disclosed its massive altcoin holdings, revealing a substantial stake in XRP. The bank reportedly invested $152 million in Spot XRP ETFs, shocking the broader crypto market. Given the altcoin’s ongoing price slump, many in the crypto community see Goldman Sachs’ new interest...
Read More