Key Notes The partnership acquires MIAXdx, formerly LedgerX, providing CFTC-regulated derivatives trading infrastructure. Prediction markets drove 9 billion contracts across 1 million users, becoming Robinhood’s fastest-growing product line. HOOD shares surged 12% on the news, contributing to a 243% year-to-date rally and bullish analyst price targets. Robinhood Markets, Inc. (Nasdaq: HOOD) has announced a major expansion into prediction markets through a joint venture with Susquehanna International Group. The new partnership will take control of LedgerX, a regulated crypto derivatives exchange previously owned by Miami International Holdings. The acquisition positions Robinhood…
Tag: Markets
Robinhood Eyes Prediction Markets with FTX-Linked Acquisition
A company with ties to the defunct cryptocurrency exchange FTX is being acquired by Robinhood Markets and Susquehanna International Group as part of a push into prediction markets. According to a Reuters report on Tuesday, Robinhood and Susquehanna will acquire a 90% stake in LedgerX, one of the few solvent companies tied to FTX following its bankruptcy filing in 2022. The move came just hours after Robinhood announced the launch of a futures and derivatives platform with options for prediction markets. Robinhood initially reported the acquisition of a majority stake…
SHOCKING BITCOIN DEATH CROSS DESTROYS CRYPTO SUPERCYCLE?
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io SHOCKING BITCOIN DEATH CROSS DESTROYS CRYPTO SUPERCYCLE? The BTC chart shows a ‘death cross’ pattern forming…is this destroying the crypto supercycle that we were promised? 00:00 HI 00:01 Current state of the markets 02:14 Discussing the death cross 13:39 Bitcoin and altcoin market overview 16:05 The current administration Support The O Show with Ref Links: ✨ Learn more about the network at ➡️ ✨Explore project support opportunities at ➡️ ✨SIGN UP TO KRAKEN ➡️ ✨Get $100 with ITRUST ➡️ ✨$500 PHEMEX Bonus…
Prediction Markets Driving Expansion Plans at Robinhood
Trading platform Robinhood says prediction markets have emerged as one of its fastest-growing product lines in terms of revenue, and is now set to expand its business with a futures and derivatives exchange and clearinghouse. Since launching its prediction markets in March in partnership with prediction market platform Kalshi, nine billion contracts have been traded by more than one million users, Robinhood said in a statement on Tuesday. JB Mackenzie, the general manager of futures and international at Robinhood, said the platform is “seeing strong customer demand for prediction markets,…
Bitcoin rises to around $114,000, recovering some of last week’s losses: CNBC Crypto World
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io On today’s episode of CNBC Crypto World, eToro introduces staking for U.S. customers, who can now earn rewards for crypto assets, including Cardano’s ADA token, ether, and Solana’s SOL token. Plus, the Blockchain Association sends a letter to lawmakers reaffirming the support of the digital assets industry for the GENIUS Act, which is now law in the United States. And, Josh Levine, chairman at OranjeBTC, a bitcoin treasury company, explains how institutions are navigating bitcoin. Chapters: 00:00 – CNBC Crypto World, Sept…
Bitcoin, ether end the week lower following the release of crucial inflation data: CNBC Crypto World
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io On today’s episode of CNBC Crypto World, major cryptocurrencies end the week lower after a new read on the Fed’s preferred inflation gauge showed costs rose in line with expectations. At the same time, positive jobless claims data released on Thursday and an upward revision to GDP raised concerns the Fed could rethink additional rate cuts. And Max Gokhman, deputy chief investment officer of Franklin Templeton Investment Solutions, discusses what’s driving the crypto market sell-off. Chapters 00:00 – CNBC Crypto World, Sept…
Solana and XRP ETFs Defy Outflows as Markets Face Heavy Outflows
While spot Bitcoin and Ether exchange-traded funds (ETFs) are facing some of the biggest daily outflows since they launch, two new altcoin products are bucking the trend. Despite the broader market rout, Solana (SOL) and XRP (XRP) ETFs have yet to record a single outflow day since launch, according to crypto ETF data aggregator SoSoValue. This makes the two altcoin ETFs rare green marks in an otherwise red ETF landscape. The inflows are becoming substantial. Data shows that Solana-based spot ETFs have accumulated nearly $500 million in net inflows, while…
Bitcoin Plunges to $83K as Markets Cower Before Japan’s Massive Stimulus Package
Bitcoin prices lost another key level, moving under $84K as Japan approved a stimulus package that aims to put nearly $273 billion behind its worsening economy. Analysts assess that the uncertainty caused by this development might creep into stock markets and affect bitcoin, which is correlated with risk assets. Bitcoin Loses $85K, Liquidations Hit Over […] Original
21shares Launches Six New Crypto ETPs to European Markets
Key Notes Six new 21shares crypto ETPs launched on Nasdaq Stockholm to broaden investor access. All listed ETPs are fully collateralized, offering institutional-grade exposure to digital assets. 21shares now manages about $8 billion in assets with 16 products listed in Sweden. 21Shares, a major issuer of cryptocurrency exchange-traded products (ETP), has announced the cross-listing of six additional ETPs on Nasdaq Stockholm. The new products include single-asset and index-based ETPs, bringing the total number of 21Shares ETPs available in Sweden to sixteen. According to the announcement, the six new listings are…
Crypto Market में छाया अंधेरा..😱| crypto news today hindi |Crypto Market Update | crypto news today
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Second Channel :- Telegram link:- Twitter Id :- Instagram link:- Like, Comment Share And Subscribe Thanks For Watching… Disclaimer – Cryptocurrency trading on Exchanges, mining & ICO or IEO investment is a risky business, We do not guarantee any profit or loss from this and we will not responsible for any loss. We make videos to make you aware about cryptocurrencies. We request you to do your own research before investing ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version