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On its earnings conference call Thursday, Robinhood said it has been refining core crypto infrastructure to "effortlessly" custody and support new coins, tokens and chains. CEO Vlad Tenev said this initiative is part of a process that began last year and Robinhood will soon be able to add new coins
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Cryptocurrencies are on the rise again, with some stability in sight. Over $1.7 trillion worth of cryptocurrency, the global market cap has increased by 0.51% today alone. It seems like the crypto markets are finally starting to recover. Bitcoin rose by 1.61%, while Ethereum also showed a slight uptrend in the
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Marathon Digital (MARA), one of the largest publicly traded bitcoin miners in North America, reported fourth-quarter revenue of $60.3 million, an increase of 17% from the previous quarter but slightly below analysts' average estimate of $60.9 million, according to FactSet data. Original Source
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Upward movement on the exchange recovery token led gains for investors in an otherwise slow market. Source
Read MoreMultiple JPMorgan Chase experts analyzed Bitcoin’s current price when compared to other commodities, and noted that the asset could see selling pressure ahead. “The JPMorgan strategists said they calculated an intrinsic value by effectively treating Bitcoin as a commodity and looking at the marginal cost of production,” according to an Oct.
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