Robinhood’s Q1 2023 Crypto Revenue Falls To $38 Mln From $54 Mln Last Year | Curated CoinCodeCap #11 May 2023
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While Bitcoin paves the path for crypto mass adoption, Ethereum becomes the sword of Keyboard warriors. Here’s what happened to the market yesterday:
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Twitter Integrates Bitcoin And Lightning Network
Bitcoinist reported today, Twitter, the social media behemoth, said today that it will begin rolling out a Bitcoin tipping function to iOS smartphones this week, followed by Android devices “in the following weeks.” Keep Reading »
Swiss Authorities Impose Anti-Money Laundering Regulations
BeingCrypto reported that The Swiss Financial Market Supervisory Authority (FINMA), which protects bank customers, insurers, and investors against fraudulent service providers, is requiring digital asset providers to take further steps to guarantee that their platforms are not exploited for illegal purposes.
According to a letter from Christoph Kluser, the para banking system’s supervisor, the regulatory body would want to see further precautions applied as part of a larger effort to combat money laundering and terrorism funding. Keep Reading »
IRS Seeks $44 Billion from Bankrupt FTX Exchange and Affiliates in Claims
Against Alameda Research, it is alleged that $20.4 billion in unpaid partnership and income taxes have been assessed.
The IRS has also filed a $7.9 billion claim against Alameda Research LLC and two claims totaling $7.5 billion and $2.0 billion against Alameda Research Holdings. Keep Reading »
Blockchain Innovation: Venom Foundation Partners with Kenyan Government for New Hub
To create a “blockchain hub” in Africa, Venom Foundation has established a strategic relationship with the Government of Kenya.
According to Kenya’s Cabinet Secretary for Investments, Trade, and Industry, the partnership shows how openly the country views cutting-edge technology. Keep Reading »
SEC Extends Probe into Marathon Digital Holdings with New Subpoena
The SEC issued a second subpoena to Marathon Digital Holdings concerning its inquiry into a data center in Montana.
On May 9, Marathon Digital announced that the new partnership with Zero Two would have offices in Masdar City and Mina Zayed, both in the United Arab Emirates. Keep Reading »
Robinhood’s Q1 2023 Crypto Revenue Falls To $38 Mln From $54 Mln Last Year
In Q1 of 2023, Robinhood experienced a 16% rise in revenue compared to the previous quarter.
Robinhood now holds $12 billion worth of crypto, which represented a 50% rise over the quarter.
Robinhood’s monthly active users also witnessed a drop going from nearly 16 million in 2022’s first quarter to just under 12 million in Q1 Keep Reading »
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Tangem Successfully Closes Investment Round, Fueled by Shima Capital
Tangem AG, a leading provider of secure hardware wallet solutions, has announced the successful outcome of its latest investment round.
The round came in at $8 million and was led by Web3 venture capital firm Shima Capital, with contributions from additional investors. It comes at a time of continued growth for the hardware developer and will help to propel Tangem to the next level. Keep Reading »
NFT Market Analysis February 2023
Non-fungible tokens (NFTs) have exploded onto the scene in recent years, with a wide range of industries and individuals taking notice. From digital art and collectibles to music and even real estate, NFTs have disrupted traditional notions of ownership and value.
But with the market becoming increasingly crowded and prices soaring to dizzying heights, many are wondering whether this is just a passing fad or a sustainable trend.
In this article, we’ll take a closer look at the current state of the NFT market and explore the factors driving its growth and potential risks to be aware of. Keep Reading »
Market Updates
AMP Price Prediction and Analysis: Can It Reach New Highs
Amp (AMP) crypto lets you transfer value instantly and securely across different networks and platforms. It works as collateral that guarantees payments and reduces fraud and chargebacks. Amp crypto is used by the Flexa network, which lets you spend crypto at various merchants. Amp also supports other use cases like lending, exchange, and remittance. Keep Reading »
When will Shiba inu coin reach $1? Price Analysis of SHIB
As of May 1, 2023, SHIB is trading at around $0.000010 per token. It has a market capitalization of about $6 billion, making it the 15th largest cryptocurrency by that measure. It has a circulating supply of 589.6 trillion tokens and a total supply of one quadrillion tokens.
SHIB has experienced a lot of volatility in its price history, reaching an all-time high of $0.000032 on May 10, 2022, and an all-time low of $0.00000006 on November 28, 2020. In addition, it has also been affected by broader crypto market trends, such as the bull run in early 2022 and the crash in late 2022. Let’s take a look at the chart for trend analysis Keep Reading »
Buy Pancat Cryptocurrency : Scam or Goldmine?
If you are a fan of memes and crypto, you might have heard of Pancat Coin, a project that combines both. Pancat Crypto is or should we say was meme-based crypto project built on the Polygon Network, a layer-2 scaling solution for Ethereum. Pancat Coin was initially developed as a meme token but has evolved into something more ambitious and innovative.
The project is having a sort of resurgence in terms of internet searches. So, let’s have a look at what Pancat crypto was, what the project aimed and what’s the current status of this project? Keep Reading »
Bitcoin below $30k: Is the party over?
Currently BTC price stands at $28,980 and market cap is worth $559 billion with a 24h trading volume of $26 billion. Bitcoin has a key support at $28,500 level and seems to have taken a reversal from there, marking a low of $28,520 and rising to the current level. Let’s have a look at the chart to analyze whether a big reversal or more downward movement is yet to come? Keep Reading »
What Can You Buy With 10 Bitcoins Today? A Lot More Than You Think!
Bitcoin’s price fluctuates depending on supply, demand, market sentiment, and events. As of May 6, 2023, one bitcoin is worth about $29,378, meaning 10 bitcoins are worth about $293,780. That’s a lot of dough! On the other hand, this is a significant increase from the all-time low of $0.04865 in July 2010, when you could barely buy a gumball with one bitcoin. And it is a substantial decrease from the all-time high of $68,789.63 in November 2021, when you could buy a small island with one bitcoin. Keep Reading »
Top 3 Crypto to Buy in Summer 2023
Finally, we can’t discuss the top cryptocurrencies to keep an eye on without mentioning Bitcoin. Bitcoin is the original cryptocurrency and still the most valuable. If it manages to cross the big $30k hurdle with good volumes, then predictions go as high as $100,000. Keep Reading »
5 Best Crypto Coins to Invest in May 2023
In a daily time frame, the price is moving above the Horizontal S/R zone. A bounce is expected from here. On the other hand, if it breakdown the S/R zone with a successful retest, then it can go downward. Keep Reading »
How to transfer Crypto from Robinhood to Binance
Robinhood is an online brokerage platform facilitating you to trade stocks, ETFs, options, and cryptocurrencies with zero commissions. You can also access news, analysis, and educational resources on the app. Robinhood supports many cryptocurrencies, including Bitcoin, Ethereum, Dogecoin, and Shiba Inu. You can buy and sell crypto with a few taps on your phone, but you cannot withdraw or deposit crypto to or from external wallets. Keep Reading »
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