Month: May 2025

Robinhood’s 30% Crypto Revenue Plunge: Vlad Tenev Looking To Diversify, Wants Platform ‘Less Reliant’ On Transaction Volumes

Robinhood Markets Inc. (NASDAQ:HOOD) reported a marked decline in its cryptocurrency revenue in the first quarter as compressed prices hampered trading activity. What happened: The commission-free trading platform released its quarterly financials after Wednesday’s market close and disclosed a cryptocurrency notional trading volume of $252 million, up 100% year-over-year...
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Bitcoin, Ethereum Muted, Dogecoin Dips After Q1 GDP Contraction: Analyst Foresees BTC’s Rally To $114,000 If It Breaks This Ceiling

Leading cryptocurrencies were muted on Wednesday even as negative GDP growth stoked recession concerns. Cryptocurrency Gains +/- Price (Recorded at 8:45 p.m. ET) Bitcoin (CRYPTO: BTC) -0.26% $94,289.48 Ethereum (CRYPTO: ETH)                -0.62% $1,796.30 Dogecoin (CRYPTO: DOGE)           -1.73% $0.1728 What Happened: Bitcoin tumbled below $92,000 in the early trading hours...
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Bitcoin STH YoY Realized Price Well Below 2021 Highs – Room For Growth?

Bitcoin has been consolidating in a tight range between $92,000 and $96,000 since last week, frustrating both bulls and bears as volatility compresses. This narrow trading band is unlikely to last much longer—once Bitcoin breaks out of this range, analysts expect a sharp and aggressive move in either direction....
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