Robinhood Markets delivered a strong performance in cryptocurrency trading volume in the third quarter, exceeding expectations for both revenue and profitability. The company’s total third-quarter trading revenue increased by 129% year-over-year, with crypto revenues reportedly the primary driver of this growth. With many public companies adopting digital asset treasuries this year, Robinhood executives were also
CoreWeave and VAST Data have entered a partnership to build new and advanced AI infrastructure. CoreWeave intends to employ VAST Data’s operating system in the creation of advanced AI systems for its more efficient and reliable performance. Coreweave closes $1.17 billion deal VAST Data, an AI operating system (OS) company, has signed a commercial agreement
Financial authorities in Kyrgyzstan have registered a new stablecoin, USDKG, which enjoys the full support of the state in the former Soviet republic. The Central Asian nation is already home to the largest non-dollar stablecoin on the market, the Russian ruble-denominated A7A5. And the latest fiat-linked cryptocurrency to be issued there will be tied to
Ripple’s aggressive acquisitions, which continued throughout 2025, will slow down next year. The company has spent over $2.4 billion in total acquiring at least four companies in 2025. But that pace will slow in 2026, CEO Brad Garlinghouse said at the annual Swell conference in New York. “We’ll probably slow down this acquisition spree in
Cwallet, a popular crypto wallet, has announced its exclusive partnership with Conflux Network, a public L1 blockchain. The partnership is set to integrate the next-gen L1 blockchain infrastructure of Conflux Network with the thorough digital asset management capabilities of Cwallet. As disclosed by Cwallet in its official announcement on X, the development underscores a forward-looking
Investors betting on Donald Trump’s assets have lost billions of dollars as the WLFI, Trump Coin, and DJT stocks have plunged this year. Summary Top Trump-associated assets in the crypto and stock markets have plunged. Trump Coin price has crashed from $50 in January to $8. Other assets like the DJT stock WLFI, and MELANIA
The US Federal Reserve’s decision to ease monetary policy is inflating an economic bubble that could drive up the prices of hard assets, but also marks the final phase of a 75-year economic cycle, according to former hedge fund manager Ray Dalio. Typically, the Federal Reserve eases interest rates when economic activity is stagnating or
Traditional hedge funds are buying into crypto harder than ever, and it’s not because they’ve suddenly become true believers, it’s because Donald Trump gave them the regulatory green light they’ve been begging for. According to a new report from the Alternative Investment Management Association and PwC, 55% of traditional hedge funds globally are now holding
In their statements regarding the economic outlook, FED officials made important assessments regarding inflation, employment and monetary policy. The statements indicate that uncertainties regarding the FED’s interest rate path continue. New York Fed President John Williams emphasized that in the real world, monetary policy relies more on data than forecasts. Williams noted that determining the