Crypto news

The popular millennial trading platform released its earnings report on May 8, beating analyst estimates. According to its first-quarter results, Robinhood reported record revenues of $618 million, up 40% year-over-year. Additionally, revenue from cryptocurrencies surged 232% to $126 million. “Transaction-based revenues increased 59% year-over-year to $329 million, primarily driven by cryptocurrencies,” the firm stated. Robinhood’s crypto revenue tripled in Q1...

TL;DR Polkadot has recently improved its network performance, significantly boosting the speed and capacity for processing transactions. In addition to its technical advancements, the protocol is exploring a potential $8.8 million sponsorship deal with the American soccer club Inter Miami. What’s New Around Polkadot? The blockchain protocol made the headlines in the past few days due to completing some important advancements. As CryptoPotato reported, it enabled Asynchronous...

Disgraced FTX founder Sam Bankman-Fried revealed that he hasn’t experienced abuse and doesn’t “feel unsafe.” The only time he feels bothered is during the night when they ask about the rice bags they plan to use for trade. This was his first comprehensive interview since being imprisoned. SBF’s Prison Survival: Beans, Rice, and a Currency System The disgraced founder of FTX and co-founder of Alameda Research, who was found guilty of wire fraud, money laundering, and...

The high-tech industry continues to make active inroads into the blockchain industry, proposing and building out new solutions that make Web3’s products better and more usable by mainstream folks as well as sophisticated industry participants. 1. Block CEO Jack Dorsey – Bitcoin Bull Back in 2021 at “The B-Word” conference by Crypto Council for Innovation, on a panel alongside Cathie Wood and Elon Musk, Dorsey said, “It’s deeply principled, it’s weird as hell [and] it’s always...

Crypto is emerging as a hot topic in the U.S. presidential election this year, with many voters looking forward to hearing their candidates takes on the asset class. Per a Digital Currency Group (DCG) survey of 1201 registered voters conducted last month, about one in five voters view crypto as a major issue in the 2024 election. Roughly 40% of voters said they want their candidates to talk more about crypto, with most respondents agreeing that crypto regulation needed an...

In the ever-fluctuating world of cryptocurrency, three tokens have recently caught the attention of investors for varying reasons. Dogecoin (DOGE) is witnessing an unexpected surge, bolstered by significant whale transactions and market optimism. Shiba Inu (SHIB) stands at a crucial juncture, facing a make-or-break moment that could significantly affect its valuation. Meanwhile, Furrever Token (FURR) continues to charm its way into the portfolios of discerning...

The cryptocurrency market has calmed down considerably in the past 24 hours, halting the bearish assault and finding some consolidation in the process. Bitcoin’s price is trading at around $61K on Sunday morning, while Ethereum is now firmly below the pivotal $3K level. Are the Bitcoin Bulls Regrouping? As CryptoPotato reported yesterday, Bitcoin’s price experienced a sudden correction, dropping below $61K and losing around 3.5% in a single day. This seemingly had to do with...

BlockDAG’s dazzling display at London’s Piccadilly Circus heralds its listing on CoinMarketCap, signaling a boost in global interest towards the technology, propelling its anticipated value to $30 by 2030.  Currently in its 11th presale batch, priced at $0.007 per coin, BlockDAG has successfully raised a significant $24.7 million. This impressive market presence contrasts starkly with the fluctuating prices of Toncoin and the declining interest in U.S. Bitcoin...

While Solana grapples with network congestion and Cardano displays only slight growth, BlockDAG has been turning heads with its dramatic display at London’s Piccadilly Circus. Celebrating its CoinMarketCap listing, BlockDAG has already amassed over $24.6 million in its ongoing presale, with its user-friendly tech platform drawing significant interest. Analysts predict an astonishing potential for a 30,000x return on investment, setting BlockDAG apart as the crypto...

BlockDAG’s 27th Development (Dev) Release introduces innovative synchronization mechanisms that enhance network speed and efficiency. With options like full, light, fast, and warp sync modes, it accelerates node integration by focusing on recent data and checkpoints. This warp sync feature makes BlockDAG more accessible, allowing new participants to join quickly while fostering an inclusive ecosystem. Riding high on a 600% price surge from its first to its 11th...