Crypto

The online brokerage continued expanding its digital asset business with Robinhood Chain, tokenized stocks and decentralized lending even as cryptocurrency transaction revenue declined. [Update 08:55 UTC, July 30: Updates with additional reporting and context.] Online brokerage Robinhood posted record second-quarter revenue and earnings, though cryptocurrency transaction revenue fell 38% from a year earlier. The company said Wednesday in its earnings report that crypto transaction revenue fell to $100 million from about $160 million a year earlier. Overall revenue rose 32% year-over-year to $1.31 billion, while net income increased 48% to $573 million. Transaction-based revenue climbed 44% to $776 million. Read more

The online brokerage continued expanding its digital asset business with Robinhood Chain, tokenized stocks and decentralized lending even as cryptocurrency transaction revenue declined. Online brokerage Robinhood posted record second-quarter revenue and earnings, though cryptocurrency transaction revenue fell 38% from a year earlier. According to the company’s earnings report on Wednesday, revenue increased 32% year over year to $1.31 billion, while its net income rose 48% to $573 million. The company reported that cryptocurrency transaction revenue fell to $100 million from about $160 million a year earlier. Separately, it recorded $40 billion in crypto trading volume during the quarter, including $18 billion on the Robinhood app and $22 billion from Bitstamp, the crypto exchange it acquired in June 2025. Read more

The CEO of the US crypto exchange said that the company would apply for a license with the CFTC in August allowing it to offer prediction markets. According to its leadership, cryptocurrency exchange Binance.US will apply for a Designated Contract Market (DCM) with the US Commodity Futures Trading Commission (CFTC) to offer prediction markets services to users. At the Rare Evo blockchain conference on Wednesday, Binance.US CEO Steve Gregory said that the CFTC license would allow the exchange to launch its own prediction market in what could become a challenge to platforms like Kalshi and Polymarket. The CEO said that the company will apply for the DCM sometime in August. Under CFTC guidelines, DCMs can legally trade “futures or option contracts based on any underlying commodity, index or instrument.” Companies seeking to be licensed as a DCM must comply with 23 core principles from the agency, including having system safeguards, conducting record keeping and addressing conflicts of interest.  Read more

Find out how Claude AI predicts XRP's price trajectory as it navigates a critical FOMC meeting and institutional buying pressure. The post Anthropic Claude AI Predicts the Price of XRP by The End of 2026 appeared first on Cryptonews.

ETF outflows, softer perpetual buying and stagnant on-chain capital leave long-term holders carrying the immediate support test. The post Three key demand drivers stall at once, leaving Bitcoin’s $64,000 support to long-term holders appeared first on CryptoSlate.

Bitcoin is nearing a market bottom, according to a key valuation metric called the Yardstick from Fidelity Digital Assets.

Growing opposition across America to Flock cameras has reached Capitol Hill, where Rep. Thomas Massie plans legislation to block federal funding for the technology.

The brokerage reported $100 million revenue from crypto trading, a 38% decline in a year, offset by stronger options, equities and prediction markets activity.

ARK Invest’s Lorenzo Valente says revenue is becoming increasingly concentrated among a handful of crypto protocols, setting the stage for more mergers, acquisitions and exchange closures. An ARK Invest analyst says the cryptocurrency industry is entering what he describes as its biggest consolidation phase yet, with revenue increasingly concentrated among a handful of dominant protocols. In a Wednesday post on X, Lorenzo Valente, a research associate at ARK Invest, said investors have become increasingly selective, making it harder for crypto projects and exchanges without strong product-market fit to attract capital. As weaker projects struggle or shut down, revenue is becoming concentrated among a small number of dominant protocols, he said. As evidence, Valente said perpetual futures exchange Hyperliquid and memecoin launchpad Pump.fun account for roughly 67% of total crypto application revenue. Including synthetic dollar protocol Ethena raises the top three’s combined share to nearly 80%, highlighting wh...

A group of 12 county commissioners voted unanimously to ban mining facilities and data centers in unincorporated areas as it deals with a lawsuit by a digital asset company. The Hawkins County Commissioners in Tennessee passed their second ban related to digital assets, following a similar one in 2025. On Monday, the commission voted unanimously 12-0 to ban the establishment, construction, installation, expansion and operation of crypto mining facilities and data centers in unincorporated areas of the county. The government body had already banned similar activities in September 2025 as part of an effort to block the ExoticRidge mining company from establishing operations in the county, and passed a resolution in January affirming its authority to do so. ExoticRidge and Tennessee county officials proposed a settlement in January over the crypto company’s operations, allowing it to construct and run its facility with noise restrictions. The proposed terms would restrict the company from operating at more than ...

New research outlines a cryptographic approach that could allow Bitcoin and other blockchain wallets to remain compatible with existing addresses in a post-quantum future.

Raphael Zagury says mining and other cash-generating businesses could deliver better risk-adjusted returns measured in Bitcoin. The post “There’s no free money forever”: Twenty One Capital’s new CEO warns the Bitcoin treasury playbook is dying appeared first on CryptoSlate.

A White House crypto adviser said that the proposed changes to the CLARITY Act were “not even close” to the administration’s position, signaling another fight over the bill. Organizations representing law enforcement officials in the US have reportedly proposed changes to a comprehensive cryptocurrency market structure bill under consideration in the Senate, with only days left until the chamber breaks for a month-long recess. According to a Tuesday Politico report, the National Association of Assistant US Attorneys and the National District Attorneys Association sent a letter to the White House asking for changes on provisions regarding developers in the Digital Asset Market Clarity (CLARITY) Act. The changes proposed to the Blockchain Regulatory Certainty Act (BRCA) within the CLARITY Act included that guidelines on developers not “create, expand, or modify criminal liability under Federal law.” In response to reports on the proposed changes, White House crypto adviser Patrick Witt said that the provisions ...

The company wants your AI to move money autonomously while you stay in control. Here's how it actually works.

The dispute centers on whether developers should face criminal liability for crimes committed through software they build.

MSTR’s July 24 close indicates a $217 return per $1,000 note, pending GS&Co.’s final calculation. The post Goldman Sachs notes tied to Strategy set to pay just 22 cents on the dollar at maturity appeared first on CryptoSlate.

Chair Kevin Warsh kept the federal funds rate at 3.5%–3.75% and offered no new signals on when cuts—or hikes—might come.

Today's meeting was described as the most unpredictable in at least six years.

Rather than competing directly with faster chains, some builders argue Ethereum's strength lies in supporting the layer-2 networks where trading is taking place.

For the first time in several years, markets were somewhat split on whether the U.S. central bank would hike rates.