Riot posts record earnings, but stock sinks with rest of crypto
Bitcoin mining and digital infrastructure company reported surprisingly solid fourth-quarter and full-year financial earnings on February 24, blowing past expectations, thanks primarily to mining re...
It’s a frenzy to list altcoin and meme coin ETFs. Where do they stand?
The race to launch altcoin and meme coin ETFs has only just started, but the field is already crowded. So far this year, there have been about 60 filings to list crypto ETFs , according to two Bloombe...
SEC’s Crypto Task Force rapidly checking off boxes to end former cases — first Coinbase, now Robinhood
announced the SEC had dropped its investigation into Robinhood Crypto and does not intend to “move forward with an enforcement action.” (Robinhood Markets Inc. is the parent company of Sherwood Media,...
Metaplanet adds to its bitcoin stash and Strategy loads up to buy
It was another week of relatively smooth sailing for bitcoin, which held steady, trading at about $97,000 midday Friday compared to about $96,000 on Monday morning, according to CoinGecko . This week,...
SEC creates new Cyber and Emerging Technologies Unit “to protect retail investors”
The SEC said it has created a new team, known as the Cyber and Emerging Technologies Unit, to focus on rooting out fraud committed in the emerging technologies space, including in crypto. The move is ...
SEC drops Coinbase lawsuit; CEO Armstrong is “hugely” vindicated, gives credit to Trump
Coinbase, the largest crypto trading platform, said Friday that the SEC had dropped its enforcement case against the company, sending shares higher in early trading. announced the decision, which it s...
DOGE might start counting gold bars at Fort Knox. That could embolden the crypto bulls.
DOGE’s next efficiency effort might be counting the number of gold bars at Fort Knox. “Who is confirming that gold wasn’t stolen from Fort Knox? Maybe it’s there, maybe it’s not,” Elon Musk mused in a...
Saylor’s Strategy prepares to buy another $2 billion worth of bitcoin
Michael Saylor’s , the largest corporate bitcoin hodler, announced a $2 billion senior convertible note offering to fund more purchases of bitcoin — a lot of it — and working capital. The February 18 ...
Argentine president’s meme coin drama is getting weirder
A meme coin caused Argentine President Javier Milei a lot of trouble over the weekend. Today, the fallout is spiraling out of control, and calls for his impeachment are getting louder. This comes just...
Strategy returns to its bitcoin buying, GameStop may be next
It was a somewhat uneventful week for . The asset took a quick tumble after inflation data was released, but quickly recovered. As for corporate bitcoin reserve stashers, they continued their stockpil...
Bitcoin rumors reignite call activity in GameStop
The CNBC report that GameStop is considering using some of its $4.6 billion in liquid assets to purchase has rejuvenated activity in call options tied to the video game retailer. As of 11:00 a.m. ET, ...
Crypto boom boosts Coinbase Q4 earnings, but stock sinks anyway
, the largest crypto exchange in the US, reported blowout fourth-quarter earnings on Thursday, thanks to the bull market buoyed by the new administration. “It’s the dawn of a new era for crypto,” cofo...
GameStop jumps after report that Cohen’s picture with Saylor meant what traders hoped it did
is spiking after-hours as CNBC reports that the retailer slash meme stock slash T-bill fund is considering investing in and other cryptocurrencies. This would be exactly what GameStop bulls were susp...
That’s a first: A highway patrol association starts investing in bitcoin
From crypto being dubbed the “ Wild West ” to the actual Wild West adopting crypto, the industry has come a long way. In a somewhat surprising move, the Wyoming Highway Patrol Association is adding t...
Robinhood bulls: “Another impressive print”
Piper Sandler analyst Patrick Moley slapped a $75 price target on shares of after the stock, crypto, and options brokerage reported much better-than-expected results Wednesday after the close, sendin...
Robinhood skeptics: “We expect to see volatility ahead”
Citi analysts, who have a “neutral” rating on , acknowledged the company’s better-than-expected Q4 numbers released Wednesday, and even raised their price target to $60 a share from $45. But they soun...
Robinhood jumps after-hours on strong Q4 earnings
Shares of jumped more than 10% in the after-hours trading session shortly after reporting much better-than-expected Q4 revenue and profit numbers . The brokerage and financial services firm reported ...
Robinhood romps before earnings numbers land
Shares of are surging ahead of its earnings report after the close of trading Wednesday. The stock is flirting with some of its highest levels since August 2021, when it debuted as a publicly traded ...
Franklin Templeton enters the solana ETF race
Franklin Templeton is the latest firm joining the enthusiastic crew aiming for altcoin ETFs. On February 10, the firm registered a solana trust in Delaware, indicating that it could soon follow with a...
Hot inflation report cools bitcoin price, but not for long
The US Consumer Price Index rose by more than expected in January — 0.5% month on month versus the consensus estimate of 0.3% — signaling that the country is not out of the woods with inflation. Along...