Robinhood’s Q1 crypto revenue drops 30% from the previous year
The money coming in for the trading app’s crypto business reached $38 million over the first quarter of 2023, down from $54 million in Q1 2022. Go to Source Powered by WPeMatico
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The money coming in for the trading app’s crypto business reached $38 million over the first quarter of 2023, down from $54 million in Q1 2022. Go to Source Powered by WPeMatico
PnL refers to the financial gain or loss from buying and selling cryptocurrencies. To calculate it, use various method like the FIFO, LIFO, YTD, and more! Go to Source Powered by WPeMatico
Crypto trading and investing are often intertwined, but key differences remain between the two methods. Go to Source Powered by WPeMatico
Crypto exchange Binance has announced the opening of a blockchain hub in Georgia which will promote cryptocurrency adoption in the region. The move comes on the backdrop of a number of partnerships, initiatives, and events the company is involved in in the country. Digital Asset Exchange Binance Establishes ‘Web3 Outpost’ in Georgia Binance, the world’s … Read more
Whales can manipulate buy and sell orders because they can deploy excessive capital into the market. Go to Source Powered by WPeMatico
On Monday, the crypto economy experienced significant market activity with $183.85 billion in global trade volume over 24 hours, with a large portion of those trades involving stablecoins. USDC traded near parity with the U.S. dollar, and several stablecoins, including tether and BUSD, sold at premiums. Tether reached a high of $1.04 per unit and … Read more
On March 3, 2023, Uniswap Labs, the firm behind the decentralized exchange Uniswap, announced the launch of a limited early-release application through Apple’s Testflight program. The company stated that the limited release was due to Apple not granting approval for the application launch, and the team does not know why. Uniswap Labs Launches Limited Early-Release … Read more
Opportunity cost is the potential benefit that is missed out on when choosing one option over another. Go to Source Powered by WPeMatico
Israel’s sole public stock exchange wants to allow its clients to trade crypto but is facing regulatory resistance. Go to Source Powered by WPeMatico
Israel’s public stock exchange is suggesting regulatory amendments that would permit some clients to trade crypto assets. The proposals, which have been put forward for public consultation, come at the backdrop of a growing number of regulated institutions getting involved in the digital asset market, the exchange noted. TASE Exchange Moves to Regulate Cryptocurrency Trading … Read more