Research by ARK Invest shows that under 1% of transactions on Robinhood Chain are directly linked to Robinhood Wallet users, with a generous estimate of up to 5% when including unidentified contracts. Most trading activity originates from external platforms like GMGN and OKX, indicating the network mainly attracts existing crypto traders rather than new users onboarded through Robinhood. This distinction matters as Robinhood Chain is open to various wallets and applications, and its high trading volumes largely reflect activity from experienced crypto participants, not just Robinhood's customer base. Robinhood has subsidized transaction fees during the chain's early phase, supporting growth in decentralized exchange volume and tokenized stock trading, primarily outside the U.S.
Bitcoin holders who have kept their coins dormant for over five years have doubled their spending activity since May, with the 90-day average spent output rising to about 1,500 BTC. This increase occurs during a period of Bitcoin price consolidation ...
Bitcoin price fell below $80,000 following stronger-than-expected US employment data that increased expectations for a Federal Reserve rate hike. The US added 162,000 jobs in August, keeping unemployment steady at 4.1%, which raised the probability o...
MicroStrategy has launched $250 Bitcoin-branded Nike Air Jordans on its online store, but the store only accepts card and Apple Pay payments, not Bitcoin. This move highlights MicroStrategy's unique marketing approach linking merchandise to its Bitco...
Ethereum gained about 66.55% in Q3 2026, marking its best third quarter since 2016 and the third strongest ever. This rally was fueled by over $10 billion inflows into spot Ethereum ETFs, $15 billion in corporate treasury purchases, and a rise in dec...
Comstock Resources announced a joint venture with a fund linked to the Jerry Jones family investing over $400 million. The company also reached a preliminary agreement to reduce its debt by about half through $1.65 billion in gross proceeds. This mov...
