Robinhood Shares Slide on 34% Decrease in Crypto Revenue
Retail brokerage Robinhood's business has gotten a boost from prediction markets, though its crypto trading revenue fell in Q1.

Retail brokerage Robinhood's business has gotten a boost from prediction markets, though its crypto trading revenue fell in Q1.

The 21Shares Ethereum ETF (TETH) reported $48.4 million in redemptions and an 86.42% staking ratio at the end of June 2026, according to a quarterly filing.

Bitcoin reaching $1 million by 2030 is mathematically impossible due to required capital inflows, says Markus Thielen of 10x Research.

Crypto firm Cyber urges CyberWallet and Cyber Passkey Wallet users to transfer assets before an Aug. 15 interface shutdown. Balances left behind will require unsupported direct smart contract interaction.

Bitcoin could bottom in October before recovering to around $130,000 ahead of the 2028 halving, according to Swan Bitcoin CEO Cory Klippsten. He also argued that altcoins are dead as money competitors and crypto will become part of traditional finance.

Investor Mike Dudas stated on Decrypt's Fomo Hour podcast that Solana's flexible infrastructure and consumer apps could onboard hundreds of millions into crypto without users realizing they are on a blockchain.

A South Korean court sentenced Delio CEO Jeong Sang-ho to 15 years in prison for defrauding users out of roughly $50 million in cryptocurrency through embezzlement and a false trading license.