Author: driver789

Robinhood’s (HOOD) nearly 12% drop since its big earnings miss is being waived off by some big investors and Wall Street analysts. The popular trading platform missed its first-quarter earnings and revenue estimates on April 28, mainly due to weaker crypto trading activities. The market punished the stock on the miss, but Cathie Wood’s Ark Invest saw that as an opportunity and bought roughly $39.7 million worth of shares the next day, signaling confidence in the trading platform’s future. Robinhood remains a meaningful position across Ark’s portfolios, accounting for roughly 3% and ranking among the top holdings in all three…

Kevin Hassett warns that reappointing Jerome Powell to the Fed Board could delay or dilute Trump-era rate cuts, keeping crypto traders fixated on personnel-driven monetary policy. Summary White House NEC Director Kevin Hassett warned that Jerome Powell’s reappointment to the Fed Board could sway the timing and depth of interest rate cuts. The Fed has held its benchmark rate at 3.5%-3.75% in Powell’s final meetings as chair, with markets split over how quickly incoming leadership will ease policy. Crypto traders now see Fed personnel politics as a key variable for Bitcoin, Ethereum, and broader digital asset liquidity. White House National…

Bitcoin’s recent rejection near key resistance has raised fresh concerns about the strength of its ongoing rally. After a steady climb, signs of selling pressure are beginning to emerge, hinting that bullish momentum may be weakening. With price now hovering around critical support zones, the next move could determine whether the uptrend regains traction or starts to lose steam.  2–618 Pattern Triggers: BTC Rejected At $78,000 In a market update, analyst Kamile Uray revealed that the long-anticipated 2-618 pattern for Bitcoin has officially activated. After the price approached the $78,037 mark, significant selling pressure stalled the upward momentum. This reaction…

For CJ Konstantinos, the case for Bitcoin-backed mortgages is personal. In 2019, he paid 100 Bitcoin for a house. That bitcoin is now worth roughly $7.6 million and he says he can’t sell his house for more than $500,000.  At the time, it was the kind of transaction most people in traditional finance would have called reckless. Now, Konstantinos runs Peoples Reserve and speaks at the world’s largest Bitcoin conference to explain why doing it again — this time through structured bitcoin lending products — makes sense for a growing number of holders. “Bitcoin found me and smacked me up…

Australia’s future account-to-account (A2A) payment systems may need to adapt if tokenized forms of money gain broader use, including stablecoins and tokenized liabilities, according to a draft vision for the country’s domestic payment rails.The draft, co-developed by the Account-to-Account Payments Roundtable, which includes AusPayNet, Australian Payments Plus, the Reserve Bank of Australia and the Commonwealth Treasury, identifies digital assets as one of several external forces that could affect future A2A payments. “Tokenised forms of money, such as stablecoins and tokenised liabilities, are moving from experimentation to adoption,” the draft said, adding that the shift reflects a move toward programmable, ledger-based value…

Bitcoin (BTC) rebounded above $76,000 at Thursday’s Wall Street open while traders stayed bearish on the short-term BTC price outlook.Key points:Bitcoin’s Coinbase Premium Index flips negative as analysis warned the January breakdown could repeat.BTC price action is already at risk of repeating a bear flag breakdown to new macro lows.The April monthly close should still offer Bitcoin’s best gains in a year.Bitcoin Coinbase Premium risks repeating bearish historyData from TradingView showed 1% daily gains after initial pressure over high oil prices and a hawkish US Federal Reserve meeting the day prior.BTC/USD one-hour chart. Source: Cointelegraph/TradingViewWith US stocks treading water, Bitcoin…

EURC ($1.17 · Live)-Retail-Market-Brighty-Data-Shows.jpg” class=”webfeedsFeaturedVisual wp-post-image” alt=”Spain Leads Europe In Eurc Retail Market, Brighty Data Shows” thumbnail=”” decoding=”async” >Circle’s euro-pegged stablecoin EURC is showing the strongest uptake in Spain for retail payments, according to Brighty’s platform data analyzed by Cointelegraph. In 2025 and through the first quarter of 2026, Spain accounted for about 36% of EURC transactions and 25% of EURC’s total on Brighty, signaling a distinctly retail-oriented pattern for euro-stablecoins on the continent. “For Spanish users, EURC functions essentially as a standard euro on a card with no exchange rate friction when transacting against USDC ($1.00 · Live),” Brighty…

A few weeks ago, abnormal temperature spikes at a Météo-France station near Paris-Charles de Gaulle (CDG) triggered a criminal complaint and an investigation. According to French media reports, the readings were linked to Polymarket bets that generated tens of thousands of dollars in gains. Whether the full mechanics are ultimately proven exactly as suspected is almost beside the point. The real story is simpler: a market that settles money on a single physical observation is only as strong as the data chain underneath it.Most commentators focus on how to prevent this specific incident from recurring. But the more important question…

Ethereum (ETH) traders are leaning long on Binance, according to CryptoQuant analyst Rei Researcher. The shift comes as ETH trades near $2,256 after failing to clear the $2,400 resistance area. Summary Ethereum’s Binance Taker Buy Sell Ratio rose above 1, showing stronger aggressive buying activity. Open interest rose modestly, suggesting traders are adding longs without heavy leverage buildup. ETH must break $2,400 to target $2,600 to $2,700. CryptoQuant data shows Ethereum’s Taker Buy Sell Ratio on Binance is above 1. The metric also rose strongly through March and April 2026. A reading above 1 shows stronger aggressive buying than selling.…

When Gary Gensler left the US Securities and Exchange Commission in January 2025, Bitcoin was trending higher, and many expected a more favorable regulatory backdrop to drive further upside. Instead, BTC has fallen sharply to a zone that complicates a once-popular narrative that regulation, or Gensler specifically, was the primary force holding the market back. Bitcoin’s Price May Be Saying More About Markets Than Regulators The market reaction to regulatory change hasn’t played out the way many expected. Analyst Benjamin Cowen has mentioned on X that when Gary Gensler stepped down from the US Securities and Exchange Commission (SEC) in…