Robinhood's crypto revenue fell 55% from last year, but topped Street forecasts
Crypto trading volume fell 38% from yearago levels, but the firm's overall blockchain business gained traction. Source:CoinDesk
What gold and platinum are telling us about the stock market’s direction
The goldplatinum ratio has one of the best historical records predicting the stock market’s subsequent 12month return Source:MarketWatch
Is that used EV worth the price? This checklist could save you thousands of dollars.
Pain at the pump is pushing costconscious drivers away from traditional gaspowered cars toward electric vehicles. Source:MarketWatch
Ripple, Robinhood expand partnership to bring RLUSD to retail and institutional markets
Ripple also expanded its collaboration with BNY on digital asset custody and partnered with C2FO to bring trade finance settlement onto the XRP Ledger.…
CFTC sues Utah to block action against prediction markets
The US state filed a lawsuit against Kalshi last week, seeking to recover up to $60 million in profits related to event contracts on prediction markets.…
Intel, Oracle, IBM join growing list of firms objecting to OKX–ICE tokenized stock plans
The latest notice added four objections, bringing the total to 26 as the joint venture prepares to test the SEC’s new framework for blockchainbased stock…
Majority of Americans want candidates who support US-based financial technology: Poll
The September survey offered a possible window into US voters who could consider fintech and digital asset policies on Election Day. Source:Cointelegraph
Brazilian companies turned to stablecoins on election day to dodge a currency crash
USDT volume on crypto exchange Mercado Bitcoin jumped nearly 800% and bitcoin volume surged 865%. Binance’s USDT/BRL market tripled while the global BTC/USDT…
JetBlue has been losing money for years. It just charted a path to profitability.
JetBlue’s stock rises more than 20% as a new profit target helps calm fears about the airline’s viability. Source:MarketWatch
Janus Henderson, Centrifuge launch tokenized Nasdaq-100 fund on Stellar
The blockchainbased fund offers eligible nonUS investors exposure to the Nasdaq100 as Janus Henderson expands its institutional tokenization business.…
Robinhood taps Ripple’s $2.5 billion RLUSD stablecoin despite backing rival USDG
Robinhood helped launch a rival dollarbacked token, USDG, but will also offer Ripple's stablecoin to retail customers later this year. Source:CoinDesk
USDC overtakes USDT in euro stablecoin trading as EU rules reshape market: Kaiko
USDC’s share of euro stablecoin trading has climbed to 56% since January 2024, with deeper liquidity as exchanges restrict USDT under MiCA. Source:Cointelegraph