Analysts warn of ‘acute’ Q3 slowdown in Robinhood’s DOGE-reliant growth
Wolfe Research has told investors to consider the “outsized contribution” Dogecoin trading has made to Robinhood’s recent growth. Go to Source Powered by WPeMatico
DIGIT
Wells Fargo files for Bitcoin fund
Wells Fargo is offering its wealthy clients indirect exposure to Bitcoin through a new fund issued in partnership with NYDIG and FS Investments. Go to Source Powered by WPeMatico
All Binance users are now subject to immediate KYC verification
The crypto exchange will limit services for existing users unless they adhere to the new KYC and AML requirements Go to Source Powered by WPeMatico
American investors inclined to buy crypto with credit card, new study reveals
Out of the 1,000 respondents, 21% plan to take on consumer debt for buying cryptocurrency while more than 20% have decided to use either their bank savings or refinancing homes. Go to Source Powered by WPeMatico
NuGenesis Comprehensive 2-part Review of proposed amendment of the Federal Reserve Act (Part 2)
SWEEEPING REFORMS AND EFFECT ON STABLE COINS (The Digital Assets Market Structure and Investor Protection Bill.) The sweeping legal reforms and the down-under solution The “Digital Asset Market Structure and Investor Protection Bill” seeks to prohibit stable coins. Proposed US Code section 5104(a) provides that “no person may issue, use or permit to be used … Read more
Nifty News: Mike Tyson’s ear-biting tokens, the NFT that makes you a TV star, and more…
An Australian TV show is auctioning off an NFT that will see the winning bidder become part of the show next season, while sporting icons Mike Tyson and Lionel Messi have entered the NFT arena. Go to Source Powered by WPeMatico
23 and counting: VanEck and ProShares file for ETH futures ETFs
The latest two filings bring the total number of ETF applications this year to 23. Go to Source Powered by WPeMatico
BlackRock ETFs hold $384 million of shares in Bitcoin mining firms
SEC filings reveal that BlackRock has invested almost $400 million into Riot Blockchain and Marathon Digital Holdings stock. Go to Source Powered by WPeMatico
Coinbase announces $500M crypto buying spree, pledges to invest 10% of future profits into digital assets
CEO Brian Armstrong expects the percentage of profits spent on cryptos to grow over time. Go to Source Powered by WPeMatico
$100M funding round for Binance.us falls through on regulatory concerns
Despite a failed $100 million funding round leading to the resignation of Binance.us CEO, Brian Brooks, the exchange still has its sights set on launching an IPO. Go to Source Powered by WPeMatico
