5 days ago
Robinhood’s crypto trading division reportedly saw an eight-fold leap in revenue generated from digital asset transactions in the final quarter of last year. According to a new Robinhood investment report , the trading app giant saw a 200% year-over-year increase in transaction-based revenues, largely due to crypto. “Total net revenues increased 115% year-over-year to $1.01 billion. Transaction-based revenues increased over 200% year-over-year to $672 million, primarily driven by cryptocurrencies revenue of $358 million, up over 700%, options revenue of $222 million, up 83%, and equities revenue of $61 million, up 144%. Net interest revenues increased 25% year-over-year to $296 million, primarily driven by growth in interest-earning assets, partially offset by a lower federal funds rate. Other revenues increased 31% year-over-year to $46 million, primarily due to increased Gold subscription revenues.” Source: Reuters According to a Reuters report , Robinhood’s latest advance into crypto solidifies the trading app as a top rival for the leading US-based crypto exchange Coinbase. Says Paul Marino, Chief Revenue Officer at Themes ETFs (exchange-traded funds), of Robinhood’s success. “The fact that Robinhood had such a surge in revenues across its entire platform is more than just an appetite for risk in the marketplace – it’s also a testament to the adoption of its platform and the fact that the next generation of traders prefer what Robinhood is offering versus competitors.” Coinbase is on schedule to release its own quarterly earnings report later today. Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Featured Image: Shutterstock/Space Wind The post Robinhood Crypto Sees 8X Jump in Crypto Trading Revenues in Q4 2024, Putting Pressure on Coinbase: Report appeared first on The Daily Hodl .
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Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
BITCOIN, XRP, and MAGACOINOFFICIAL.COM—2025’s Ultimate Crypto Portfolio Picks!
Introduction As the cryptocurrency market continues to evolve, investors are seeking the most promising assets to enhance their portfolios for 2025. While established coins like Bitcoin (BTC) and XRP have demonstrated resilience and growth, emerging projects such as MAGACOINOFFICIAL.COM are capturing attention with their potential for significant returns. This article explores these top picks and why they deserve consideration in your crypto investment strategy. CLICK HERE – ONLY 100B SUPPLY, GET IN EARLY MAGACOINOFFICIAL.COM : The Emerging Contender In the dynamic world of cryptocurrencies, MAGACOINOFFICIAL.COM is making waves as a newcomer with substantial promise. With its presale already surpassing $2 million, this project is positioning itself as a formidable player in the crypto space. Investors are drawn to its unique value proposition and the opportunity to participate in its early stages, aiming for considerable gains as the project matures. >>>> PRESALE SELLING OUT – CLICK HERE TO SECURE YOUR SPOT! MAGACOINOFFICIAL.COM aims to provide a platform that aligns with the values of its community. Investors are drawn to its unique value proposition and the opportunity to participate in its early stages, aiming for considerable gains as the project matures. Bitcoin & XRP: The Market Leaders Bitcoin (BTC) remains the dominant force in crypto, serving as both a store of value and a hedge against inflation. With increasing institutional adoption, its long-term potential continues to attract major investors. XRP is making strides in real-world payments, with growing adoption by financial institutions. Its expanding use case in cross-border transactions makes it a key player in the evolving digital economy. Polkadot is revolutionizing blockchain interoperability, allowing different networks to communicate seamlessly. Kaspa is gaining attention for its fast and efficient transaction system, utilizing blockDAG technology. Its focus on security and high-speed transactions >>> ACT NOW – LIMITED SPOTS AVAILABLE – CLICK HERE! The OFFICIALMAGACOIN Advantage With investor interest growing daily, OFFICIALMAGACOIN is shaping up to be one of the most promising cryptos of 2025. As its presale nears its final phase, the opportunity to buy at early-stage prices is disappearing fast. Those who act now could secure one of the biggest investment opportunities of the year. >> DON’T MISS THE NEXT 1000X CRYPTO – CLICK HERE TO JOIN NOW! Conclusion While Bitcoin and XRP remain solid choices, DOT and KAS continue to build their ecosystems. However, the real breakout opportunity lies with OFFICIALMAGACOIN. With exclusive availability, strong fundamentals, and a presale price under $0.20, this is shaping up to be one of the best investments of 2025. Secure your tokens today, exclusively at MAGACOINOFFICIAL.COM Website: MAGACOINOFFICIAL.COM X/Twitter: https://x.com/officialMAGAx Continue Reading: BITCOIN, XRP, and MAGACOINOFFICIAL.COM—2025’s Ultimate Crypto Portfolio Picks! The Daily Hodl
Hyperliquid’s HYPE Faces Uncertainty Post-HyperEVM Launch Amid Weak Momentum and Key Support Levels
Despite the recent launch of HyperEVM, Hyperliquid (HYPE) sees a 9% drop, indicating a potential struggle as bearish momentum increases. Market indicators show HYPE’s ADX has fallen to 10.6, signaling The Daily Hodl
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