Robinhood Cuts 290 Jobs at Record Volume, HOOD Shares Jump 5%
Robinhood Markets cut roughly 290 full-time positions on June 16, 2026, absorbing an estimated $28 million in restructuring charges while the company’s trading volumes sit at all-time highs. A Lean Team at Peak Volume The company filed a Form 8-K with the SEC disclosing a reduction in force affecting approximately 10% of its full-time workforce. … Read more
SpaceX’s debut: A win for crypto price discovery, a fail for tokenized access
SpaceX’s blockbuster debut didn’t just mint a trillionaire; it became a real-world stress test for crypto’s promise of democratized market access. Go to Source
Hype Jumps 11.6% to New High as Hyperliquid Extends Rally and Triggers $11.5M Squeeze
On Tuesday, the digital asset HYPE jumped over 11% to hit a new all-time high of $76.90, bouncing back from a recent June 11 low of $53. Supply Dynamics and Upcoming Token Unlocks On June 16, HYPE continued its uptrend, jumping by more than 11% to breach the $76 mark. The digital asset’s latest surge … Read more
Bitcoin sell-off toward $60K may resume as Japan hikes interest rates
Japan’s highest rates since 1995 are putting global liquidity back in focus as traders anticipate 26%–38% BTC price declines. Go to Source
Robinhood cuts 10% of workforce as Tenev touts business strength
Robinhood cuts about 10% of staff as CEO Vlad Tenev says business “has never been stronger” despite weak Q1 trading. Go to Source
Solana treasury firms resist Forward Industries’ consolidation push
Two Solana treasury firms rejected acquisition proposals from Forward Industries, while a third offer expired without a response. Go to Source
Spot HYPE ETFs Draw $153 Million in First Month as Volume Nears $900 Million
Spot HYPE exchange-traded funds (ETFs) have pulled in roughly $153 million in net inflows and nearly $900 million in cumulative trading volume in their first month, with the figures spanning three competing U.S. products launched within weeks of one another. A Strong Debut for a New Asset Class Three spot HYPE ETFs have attracted about … Read more
Bitcoin doesn’t need Ethereum-style yield, says Strategy’s Michael Saylor
Michael Saylor says Bitcoin does not need staking or inflation, outlining a five-layer “Digital Asset Stack” that generates returns through credit and equity products built around BTC. Go to Source
Coinbase CEO Brian Armstrong: ‘Time to Revisit’ US Accredited Investor Laws
Coinbase CEO Brian Armstrong called for an overhaul of U.S. accredited investor laws, arguing the rules lock ordinary Americans out of the market’s biggest gains. He said companies now stay private far longer, leaving retail investors to buy in only after the upside is gone. Armstrong Targets the ‘Accredited Investor’ Gate In a post on … Read more