Month: May 2025

El Salvador Committed To Buy Bitcoin Despite IMF Requirement, Says Minister— ‘Important Project’ Started By Nayib Bukele

El Salvador’s economy minister reiterated the country’s resolve to hoard more Bitcoin (CRYPTO: BTC) Tuesday despite the International Monetary Fund’s requirement to reduce exposure to the leading cryptocurrency. What happened: During an interview with Bloomberg, Maria Luisa Hayem called Bitcoin an “important project” initiated by President Nayib Bukele. “There’s...
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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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