Robinhood Markets reported a 700% surge in cryptocurrency trading revenue in Q4, fueling record profitability amid a crypto market rebound. Crypto revenue skyrocketed to $358 million, up from $45 million a year ago, making up over a third of the firms $672 million transaction-based revenuea 200%+ increase.

Bitcoin miner Riot Platforms said on Wednesday it has appointed three new directors to its board after inputs from investors Starboard Value and D. E. Shaw.

The task force would investigate how many digital currencies are being traded, the number of exchanges in New York and how crypto affects the state and local tax receipts, among other priorities.

The U.S. Securities and Exchange Commission (SEC) has agreed to suspend its lawsuit against Binance, marking a potential shift in regulatory policy toward cryptocurrency firms. The SEC and Binance jointly filed for a 60-day pause, citing anticipated guidance from the agencys new crypto task force, which is expected to take a more favorable stance on the industry.

Brian Quintenz, Head of Policy at Andreessen Horowitz's (a16z) crypto division and a fierce champion for crypto innovation, has been nominated by Donald Trump to lead the CFTC. Trump's CFTC Pick Brian Quintenz Praised for Pro-Crypto Stance and Regulatory Vision Brian Quintenz announced on social media platform X on Feb.

Jonathan Gould served in the Office of the Comptroller of the Currency in Donald Trump's last administration and went on to a stint in the crypto industry at blockchain firm Bitfury.

While neobanks brought convenience, they remained tethered to legacy infrastructure. Deobanks blend the ease of digital banking with the decentralization of blockchain.

A crypto strategist known for accurately calling the 2021 digital asset cycle top believes that several altcoins are poised for significant rallies.

The SEC and Binance have agreed to pause their lawsuit for 60 days as regulators craft new crypto rules, a move that could reshape digital asset oversight in the U.S. SEC and Binance Reach Agreement to Pause Lawsuit for Regulatory Review The U.S. Securities and Exchange Commission (SEC) and defendants Binance Holdings Ltd.

At least four different memecoins have been launched after a dog post from Changpeng Zhao.

It seems likely that the Solana “trenches” have been experiencing a euthanasia coaster of sorts.

Bahrain's central bank is developing regulations for stablecoins to reduce transaction costs and increase financial access. Making the Digital Asset Space Safer Bahrain's central bank is drafting regulations on stablecoin issuance, the Middle Eastern country's Finance and National Economy Minister Shaikh Salman bin Khalifa Al Khalifa recently disclosed.

One in four South Koreans own crypto, a new survey has found, with most saying they trade coins in the hope of earning short-term profits. The post 1 in 4 South Koreans Own Crypto; Most Eye Short-term Gains – Survey appeared first on Cryptonews.

Robinhood's record-setting $916 million net income beat industry expectations, fueled largely by a 700% year-on-year crypto revenue increase, pushing shares up 17% in after-hours.

Robinhood has clocked an eye-watering jump in crypto revenue driven partly by renewed investor interest in digital assets last year.

Robinhood reported a substantial increase in revenue for the fourth quarter, reaching $1.01 billion. The reported revenue exceeded Wall Street analysts' expectations, which were set at $940.8 million.

Six men face charges over a $15M crypto kidnapping in Chicago, where victims were held for five days and forced to transfer Bitcoin and Ethereum. Some suspects fled to China, while the FBI continues its investigation into missing funds and international links to crypto-related crimes. The post Six Men Charged in $15M Crypto Kidnapping Case appeared first on Cryptonews.

CME Group reported record-breaking crypto trading volumes in the fourth quarter of 2024, reflecting a surge in institutional and retail interest in regulated digital asset derivatives.

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Industry experts from SonarX and AWS shed light on strategies to managing the deluge of blockchain data amid the industry's proliferation.

Binance's former executive Tigran Gambaryan has spoken out against Nigeria over his incarceration.

The commission-free brokerage reported fourth-quarter revenue of $1.01 billion, which beat the estimated $944 million.

Trading platform Robinhood reported a surge in fourth-quarter profit on Wednesday, fueled by frenetic activity in equity and crypto markets following Donald Trump's presidential election victory.

In its recent 13F form, JPMorgan reported $1 million in crypto exposure through exchange-traded funds (ETF) as of Dec. 31. This is nearly 69% more than the $595,326 it reported at th end of the third quarter of 2024.

Crypto exchange Bybit and Block Scholes, a London-based research firm, have published a new report analyzing why the much-anticipated altcoin season has yet to arrive during the current market cycle. The market so far is “a sea of uncertainty.

On today's episode of CNBC Crypto World, bitcoin whipsaws after higher-than-expected inflation data for January. Plus, Trump taps Andreessen Horowitz crypto policy head Brian Quintenz to lead the CFTC.

President Donald Trump's efforts to assemble a veteran cast of pro-crypto regulators matured with two more nominations, Jonathan Gould and Jonathan McKernan.

Legal experts are split on whether the move truly signals the end of the regulator's years-long crypto crackdown.

Alexander Vinnik, a jailed Russian IT specialist and operator of the defunct crypto exchange BTC-e, is set to return to Russia as part of a prisoner exchange that has allowed school teacher and former diplomat Marc Fogel to return to the U.S.

Bitwise CIO Matt Hougan sees a significant opportunity in the disconnect between retail and institutional sentiments toward crypto. In a recent letter to investors, Hougan painted a bullish picture for the crypto sector, emphasizing that while retail investors remain skeptical, institutional capital continues to flow into the market at record pace.

Sergei Potapenko and Ivan Turogin, both Estonian nationals, agreed to forfeit all claims in digital assets frozen by US authorities as part of a plea deal with prosecutors.

A federal court has ordered a Florida resident who operated a digital asset fraud scheme years ago to pay millions of dollars in restitution, according to the U.S. Commodity Futures Trading Commission (CFTC). The CFTC says that the U.S.

President Donald Trump has reportedly traded prisoners with Russia, freeing the former owner of a crypto exchange for American teacher Marc Fogel.

Federal Reserve Chair Jerome Powell has made a major statement that could reshape the relationship between traditional banks and the cryptocurrency sector.

The Federal Reserve (Fed) chairman, Jerome Powell, said that the central bank regulator does not want to prevent banks from serving crypto to perfectly legal customers as long as they understand its risks. During a Feb.

The opportunities in altcoins are probably bigger and more plentiful than ever before, according to Bitwise chief investment officer Matt Hougan.

President Trump recently announced a prisoner exchange with Russia, trading BTC-e founder Alexander Vinnik for an American school teacher. Although Trump recently pardoned Ross Ulbricht, this deal does not look like a favor to the crypto community.

Crypto derivatives ranked among CME's fastest-growing product lines in 2024, but competition looms.

President Donald Trump authorized a high-stakes prisoner swap, exchanging Russian cybercriminal Alexander Vinnik for American teacher Marc Fogel, according to a report from The Post on Wednesday.

SEC Commissioner Hester Peirce discusses changes in crypto enforcement, with the Crypto Task Force reviewing regulatory policy and jurisdiction. The SEC looks to set clear rules before pursuing enforcement actions. The post Hester Peirce: SEC's Crypto Task Force to Refocus on Policy appeared first on Cryptonews.

Peirce is spearheading the SEC's newly-created Crypto Task Force.

Phantom, the non-custodial multi-chain crypto wallet most popular on Solana, experienced a brief service disruption on Feb. 12, according to an update posted on X by the Phantom team.

Will Trump's second term turn the SEC from crypto adversary to ally?

Federal Reserve Chair Jerome Powell told lawmakers that the central bank is not stopping Wall Street banks from dealing with crypto.

Hester Peirce is on a mission to clean up the SEC's crypto mess. But as her task force takes action, legal experts warn the real fight will be in the courts.

Increasing inflation rate causes a dip in Bitcoin and Ethereum as investors react to economic pressures.

The United States has agreed to release Russian national Alexander Vinnik, a suspected cybercrime figure, as part of a prisoner exchange that secured the freedom of American teacher Marc Fogel.