Robinhood's crypto revenue fell 55% from last year, but topped Street forecasts
Crypto trading volume fell 38% from yearago levels, but the firm's overall blockchain business gained traction. Source：CoinDesk
What gold and platinum are telling us about the stock market’s direction
The goldplatinum ratio has one of the best historical records predicting the stock market’s subsequent 12month return Source：MarketWatch
Ripple, Robinhood expand partnership to bring RLUSD to retail and institutional markets
Ripple also expanded its collaboration with BNY on digital asset custody and partnered with C2FO to bring trade finance settlement onto the XRP Ledger.…
CFTC sues Utah to block action against prediction markets
The US state filed a lawsuit against Kalshi last week, seeking to recover up to $60 million in profits related to event contracts on prediction markets.…
U.S. agency hits Utah with lawsuit to shield Kalshi's ability to offer betting there
The U.S. Commodity Futures Trading Commission has pursued more than a dozen legal actions to protect what its chief sees as its sole power over prediction…
CF Benchmarks brings Wall Street pricing infrastructure onchain, including data used by BlackRock
The new service could help developers build blockchainbased index funds, tokenized portfolios and derivatives using established financial benchmarks.…
A bigger-than-expected win for Democrats in the midterms could deliver ‘short-lived weakness’ for stocks, strategists say
A divided federal government is expected after the midterms, but the size of the congressional majorities could really matter to markets. Source：MarketWatch
Bitcoin price analysis sees ‘strong rally’ as old coins become dormant
A decline in the share of Bitcoin’s realized cap held by coins unmoved for 18 months or longer points to the ‘early stages’ of a bull market, analysis says.…
Why reported Khamenei call for end to ‘neither war nor peace’ moved markets — a bit
Iran’s supreme leader was quoted as saying it’s time for a deal. There’s a long way to go. Source：MarketWatch
Investor who called for AI pivot in 2023 says bitcoin is going to $57,000
Jason Calacanis wants investors to sell bitcoin and back artificial intelligence. He is also holding TAO, the cryptocurrency behind AI network Bittensor.…
Now is the time to accumulate bitcoin, Galaxy says
Galaxy argues improving price trends, resilient ETF demand and rising U.S. debt support bitcoin’s recovery towards its previous high. Source：CoinDesk
An AI label alone no longer wins lenders, JPMorgan says
As default insurance on several AIlinked firms hits record costs, companies must show they can finance investment, service the debt and eventually mint cash,…