Robinhood Shares Fall as Crypto Trading Revenue Declines Sharply

Robinhood (HOOD) shares were falling 7% in after-hours trading Tuesday after the zero-commission trading platform missed badly on revenue expectations as its cryptocurrency revenue fell sharply from the second quarter’s record high. Robinhood said its crypto revenues fell to just $51 million in the third quarter, down from a record $233 million in the second quarter. The company said the reduced crypto trading activity led to significantly fewer new funded accounts and lower revenue in the quarter as compared to the second quarter. Total revenue for…

Billing for Advisers Can Be ‘Smart,’ Too

“You’re moving from a very slow, archaic world into a fast-moving world. There’s a lot to bridge there.” Lacey Shrum, CEO of Smart Kx, joins “On Purpose” host Tyrone Ross to discuss the improvements technology can make in the adviser space, starting with the modernization of the billing process. A smarter billing system improves compliance, transparency and transaction speeds. Instead of billing once per quarter, advisers can work according to clients’ needs to bill monthly, weekly or even daily. Working with technology instead of against it will improve the client-adviser…

Everyone Wants Crypto Regulations – On Their Terms

If these proposals aren’t meant to be taken literally, but rather as a spark for conversation, then they may actually be going somewhere. While the proposals themselves are varied in scope, they share some common themes: being precise in defining terms, calling for greater transparency and user privacy concerns. Source

Everipedia VORTECS™ Score hits record high ahead of upcoming NFT drop to IQ stakers

In the world of technical analysis, any tool that gives the trader insight into the next possible market move is valued highly because an early signal of impending price action can turn an average trade into a multi-bagger. In a rare occurrence, Cointelegraph Markets Pro just posted a VORTECS™ score of 98, one of the highest scores ever recorded, for an altcoin called Everipedia (IQ). The project is a blockchain-based encyclopedia that has the vision of creating “a world where all knowledge is available to all people.” VORTECS™ Score (green) vs.…

Finder’s Panel of Fintech Experts Predict Ethereum Will Reach $5,114 This Year, Over $50K by 2030 – Bitcoin News

At the end of July, the product comparison website Finder.com published its research findings from a panel of experts that predicted the crypto asset ethereum would reach $4.5K this year. On October 25, Finder updated its “Ethereum Price Predictions Report” that polled 50 financial technology specialists and ethereum is now expected to reach “$5,114 by the end of this year.” Finder’s Panel Suggests Ethereum Will Be Over $5K by Year’s End Finder, an investing companion application and product comparison website, has published numerous surveys and panel forecasts concerning the growing…

Get DAILY PAYOUTS with NO FEE mining Ethereum

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video I show you how you can mine Ethereum and get payouts every single day with no fees using a new feature brought to us by 2miners pool! This feature allows you to mine Ethereum on your GPUs like normal, but then get paid the equivalent amount in either NANO for no transaction fee whatsoever or in Bitcoin for a smaller fee. So this feature also lets you mine Ethereum and get paid in Bitcoin! This is a game changer…

Biggest Crypto Exchange Hack of All Time To See Creditors Awarded $9 Billion Almost Seven Years Later

Nearly seven years after one of the biggest crypto hacks of all time, former customers of the Japanese crypto exchange Mt. Gox are now on track to receive reimbursements. The now-defunct Mt. Gox collapsed in 2014 after it was hit by an attacker who stole 850,000 Bitcoin worth about $500 million at the time.   Customers who lost money in the hack recently voted to approve a “rehabilitation plan” that is expected to become final and binding next month, according to an announcement issued last week. The creditors are reportedly…