Prediction Markets and Derivatives Guide Bernstein’s Crypto Stock Outlook for Coinbase, Robinhood, and Circle
In Bernstein’s newest revenue outlook for
Y Combinator-backed Mochatrade secures $5.5M to bring US stock perpetuals to Indian investors
Mochatrade, a trading application tailored for Indian participants, has secured a combined $5.56 million in funding to provide perpetual futures linked to American equities. CoinFund…
South Korea Considers a Fourth Postponement for Crypto Taxation Linked to U.S. Information Sharing
South Korea’s presidential administration is currently contemplating a fourth delay regarding the nation’s 22% tax on digital asset profits, with a target implementation year of…
Galaxy Research Proclaims Bitcoin Bear Market Has Concluded
Galaxy Research indicates that bitcoin’s bear cycle concluded in June, with the cryptocurrency currently transitioning into an accumulation phase, based on an advisory alert published…
Strategy (MSTR) Halts Bitcoin Purchases and Allocates $205 Million to Preferred Stock
Strategy announced that it made zero bitcoin acquisitions or disposals throughout the week spanning October 19 to October 25. The enterprise maintains its position of…
Securitize Tokenized Shares Drop by Half as Circle Extends Lead
The onchain market capitalization of SECZ plummeted to $208.6 million while tokens tied to Circle hit an aggregate $383.6 million across multiple issuers within the…
Bitcoin faces $80K breakdown risk ahead of FOMC and earnings: Three weekly highlights
Bitcoin (BTC) enters the final week of October struggling to maintain the $80,000 floor as investors prepare for a heavy schedule of United States macroeconomic…
Aviva Investors Brings Tokenized Share Class of $29B Sterling Fund to XRP Ledger
This step represents Aviva’s second fund to list tokenized shares, forming part of an extended partnership aimed at introducing additional tokenized funds to the XRP…
Robinhood Prediction Markets Eyed for $1.7B Revenue, Surpassing Crypto by 2028: Bernstein
Analysts at Bernstein anticipate that prediction markets will emerge as a key supplementary income generator for the trading platform Robinhood Markets (HOOD), potentially overtaking its…
Strategy skips Bitcoin purchases, spends $205M on STRC buybacks
Michael Saylor’s Strategy did not buy or sell any Bitcoin over the past week, opting instead to allocate $204.9 million toward purchasing STRC preferred stock….