Robinhood has been leaning into crypto recently. The addition of GBTC and ETHE continues the trend.
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Stablecoin Provider Circle Hits $9B Valuation After New SPAC Deal
In roughly six months, Circle has essentially doubled its valuation. Announced today, Circle’s $9 billion valuation comes after the firm announced new terms with the special-purpose acquisition corporation (SPAC) Concord Acquisition Corp. A SPAC, sometimes […]
Bitcoin, Ethereum, Dogecoin Dip Ahead of US Midterm, Inflation Updates
Bitcoin erased gains Monday ahead of the U.S. midterm elections and the expected release of inflation data. The largest cryptocurrency by market cap was trading for $20,710, down 2.4% in 24 hours, CoinGecko data showed […]
California Gov. Gavin Newsom Signs Crypto Executive Order
The order, similar to President Joe Biden’s in March, directs state agencies to recommend the best path forward when formally incorporating crypto.