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From Cathie Wood to Cantor Fitzgerald, the big money is betting that Robinhood’s crypto slump is just a temporary speed bump

Major investors, including Cathie Wood and Cantor Fitzgerald, are optimistic about Robinhood's potential recovery from its recent slump in cryptocurrency trading. Despite a significant decline in crypto revenue, these investors believe the downturn is temporary and that Robinhood's platform will rebound as the market stabilizes. The company has been diversifying its offerings and focusing on improving user engagement, which could drive future growth. Analysts suggest that the long-term outlook for Robinhood remains positive, especially as interest in digital assets continues to grow.

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Bitcoin risks extended retreat as April rally was futures-driven: CryptoQuant

According to CryptoQuant, Bitcoin may face a prolonged decline following its April rally, which was primarily fueled by futures trading rather than organic demand. The analysis indicates that the surge in Bitcoin's price was largely driven by speculative futures contracts, raising concerns about its sustainability. Additionally, the report

Bakkt completes acquisition of stablecoin payments firm Distributed Technologies Research

Bakkt has successfully acquired Distributed Technologies Research, a firm specializing in stablecoin payments. This acquisition aims to enhance Bakkt's offerings in the digital asset space, particularly in facilitating stablecoin transactions. The integration of Distributed Technologies Research is expected to bolster Bakkt's capabilities in providing secure and

Bitcoin seals best monthly gain in a year as S&P 500 hits fresh all-time high

Bitcoin achieved its best monthly gain in a year, rising significantly in value as investor sentiment improved. This surge coincided with the S&P 500 reaching a new all-time high, reflecting broader market optimism. Analysts attribute Bitcoin's rally to increased institutional interest and favorable macroeconomic conditions. The

Strategy keeps STRC dividend at 11.5% as stock logs first monthly gain in nine

STRC has maintained its dividend at 11.5%, despite recent market challenges. The stock has recorded its first monthly gain in nine months, signaling a potential turnaround. This strategy aims to attract investors and stabilize the company's financial position. Analysts suggest that the consistent dividend may help bolster

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Bitcoin risks extended retreat as April rally was futures-driven: CryptoQuant

Bakkt completes acquisition of stablecoin payments firm Distributed Technologies Research

Bitcoin seals best monthly gain in a year as S&P 500 hits fresh all-time high

Strategy keeps STRC dividend at 11.5% as stock logs first monthly gain in nine