Despite the revenue loss, Robinhood recorded a total net revenue of $468 million.
According to eToro’s website, 77% of retail investor accounts lose money when trading CFDs on the platform.
The NCRI has concluded that social media activity was not the only factor contributing to the coins’ popularity, but potentially a strategic ploy to influence market sentiment.
Qualcomm earnings beat analysts’ expectations but revenue and guidance for the fourth quarter fell short of their forecast.
Although there has been no official comment, the DoJ may consider a fine against Binance instead of officially indicting the company.
Binance explained that they even have refused to conduct business in the Asian due to China’s cryptocurrency ban.
The DOJ claims that Bankman-Fried’s actions amounted to witness tampering and obstruction of justice and that he should be remanded.
Ripple announced the recent ruling has pushed it to shift its approach to XRP market transparency, particularly on the escrow holdings.
The move to go public comes amid growing interest in artificial intelligence chips, reflected in the increased market mood towards technologies linked to generative AI.
Both companies recognize the potential of AI technologies and are actively seeking to harness them to boost their businesses.
While Coinbase is still planning to leverage the Bitcoin Lightning Network, the company’s rival Binance already completed the integration of the L2 network last month.
The rush to launch Ethereum spot ETFs has sparked interest in the crypto community.
The initiative will be funded through the Inflation Reduction Act, which approved $80 billion over ten years for the IRS.
AMD is gearing up for its AI progress and is pushing to launch its top-notch MI300 AI chips in the last quarter of the year.
MicroStrategy, under the leadership of Chairman Michael Saylor, has shown continued interest in the flagship cryptocurrency.