Tuesday, April 23, 2024
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Robinhood Shares Fall as Crypto Trading Revenue Declines Sharply

Robinhood (HOOD) shares were falling 7% in after-hours trading Tuesday after the zero-commission trading platform missed badly on revenue expectations as its cryptocurrency revenue fell sharply from the second quarter’s record high.Robinhood said its crypto revenues fell to just $51 million in the third quarter, down from a record $233

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Dogecoin’s Four-Legged Fall — DOGE Slides to 9th Market Cap Position Dropping 18% Last Month – Market Updates Bitcoin News

The infamous dogecoin was one of the first meme-based digital currencies and it’s safe to say that the coin inspired a myriad of meme-focused or joke tokens meant to be used for fun. However, while dogecoin has had a phenomenal 2021 rising 8,515% in 12 months, during the last month

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Bitcoin’s sharp fall from $50K linked to stronger US dollar, gold — Correlation shows

Bitcoin (BTC) and spot gold hovered below their key psychological levels on Wednesday as a stronger United States dollar weighed on investors’ appetite for hedging assets.The BTC/USD exchange rate dropped 5.27% to its intraday low of $44,423 but recovered a portion of those losses after reclaiming the $45,000–46,000 range as

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Exchange ETH reserves continue to fall after a 26% drop in 2021

The amount of Ether (ETH) held by all cryptocurrency exchanges has declined dramatically in the previous 12 months.Blockchain analytics firm CryptoQuant reported that Ethereum reserves on trading platforms dropped 26.29 million ETH to 19.22 million ETH year-on-year (YoY), indicating that traders' preference to hold their tokens increased.At least the Ether

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