Robinhood introduced Robinhood Earn, a savings product offering about 7% APY on USDG stablecoin deposits. USDG is a 1:1 USD-backed stablecoin issued by Paxos and part of the Global Dollar Network. Robinhood Earn routes funds through Morpho vaults and Spark's yield infrastructure, enabling users to earn yield without directly interacting with DeFi platforms. This product operates on Robinhood Chain, a Layer-2 blockchain supporting tokenized stocks and DeFi, and reflects Robinhood's strategy to offer regulated, user-friendly on-chain yield products without building yield mechanisms from scratch.
Binance Coin (BNB) recently surged past the key $745 resistance level, marking a significant shift to a bullish long-term trend. Technical indicators like CMF, OBV, and RSI support this positive outlook, with the $700 zone now acting as support. The ...
Shiba Inu saw a significant net inflow of 241.9 billion tokens to exchanges within 24 hours, indicating increased selling activity despite an earlier 4% price rise. This large token movement suggests traders are offloading SHIB, which has led to a sh...
Grayscale Investments has filed with the SEC to rename its Grayscale Litecoin Trust as the Grayscale Litecoin Trust ETF, aiming to list it on NYSE Arca. This move would allow the trust to operate as a proper ETF with creation and redemption mechanism...
Ethereum experienced sharp price swings after briefly rising above $2,600 then falling near $2,400. Wintermute transferred 61,847 ETH worth $160.3 million to Binance and Coinbase, raising concerns about potential selling. However, exchange supply of ...
A Coinbase engineer created an open-source project called Stonkfly that connects a simulated fruit fly brain to a Bitcoin trading system. Instead of using direct price data, the system interprets Bitcoin candlestick charts visually and rewards profit...
