US-based financial services company Robinhood outperformed Wall Street expectations in the second quarter of 2025. According to the results announced by the company, significant increases were experienced in revenues and net profit, while remarkable growth was also recorded in the number of users and platform assets. Here are Robinhood’s results, according to LSEG analysts’ estimates:
Markets are reacting to the Fed’s interest rate decision, amid ongoing concerns over trade policy. Summary The Fed will maintain interest rates steady Trump continues to call for lower rates Tariffs remain a concern for inflation Major U.S. stock indices were up after the expected Fed decision on interest rates. On Wednesday, July 30, the
In June of 2023, Prime Trust, a regulated trust company that was widely regarded as a reliable custodian for digital assets, abruptly shut down. Over the following years, thousands of people and companies whose assets were held by Prime Trust were prevented from accessing their property. As the saga unfolded, it became apparent that Prime
After the Fed left interest rates unchanged and two Fed members voted against it, Chairman Jerome Powell made a statement and answered questions live on air. Here are all the highlights from Powell’s speech: The economy is in a solid position. Inflation is slightly above targets. The current policy stance puts us in an advantageous
The Fed left interest rates unchanged, as expected. All eyes will now be on FED Chairman Jerome Powell’s press conference at 21:30 (UTC+3). Bitcoin’s reaction after the decision was as follows: The decision comes on the heels of President Donald Trump’s unusual recent visit to the Federal Reserve, during which he reiterated his call for
The Fed held its policy rate steady at 4.50% at its July meeting, in line with expectations. This marked the fifth consecutive meeting where the Fed kept interest rates unchanged. Following the interest rate decision, short-term fluctuations in spot gold, silver, and the US dollar index (DXY) were limited. Markets interpreted the Fed’s statements as
Bitcoin traded ticked down slightly after the U.S. central bank left the Federal funds rate intact as analysts had widely expected amid uncertain inflation readings and the Fed’s cautious rhetoric in recent months. BTC was recently trading at $117,777, off 0.1% over the past hour, according to crypto markets data provider CoinGecko. The largest cryptocurrency
Coinbase (COIN) and JPMorgan (JPM) have formed a long-term strategic partnership to expand access to digital assets and enhance customer security. The deal, announced earlier today, underscores Coinbase’s role as a core blockchain infrastructure provider, not just a trading venue, for major U.S. banks, according to a note on Wednesday from brokerage firm Bernstein. Rather