Robinhood’s fourth-quarter explosion in crypto revenue could signal strong results are in store Coinbase , according to Needham. Robinhood, the stock and crypto brokerage, posted record profit for the fourth quarter thanks to a surge in trading activity during the postelection rally. Within its transaction-based revenue, the company posted a 700% year-over-year spike in revenue…
Hong Kong’s legal system is, in many respects, playing catch up with developments around the world which have seen new technology embraced and deployed. Progress has been made in the use of remote hearings and the electronic filing of court documents, with voice-to-text recording of proceedings and broadcasting of cases trialled. In the fast-developing field…
U.S. President-elect Donald Trump and Bitcoin. Cheney Orr | Dado Ruvic | Reuters Cryptocurrencies tumbled on Sunday in a risk-off move after President Donald Trump hit Canada, Mexico and China with long-threatened import tariffs. The price of bitcoin was last lower by 7% at $93,768.66, according to Coin Metrics. The CoinDesk 20 index, which measures…
In the Year of the Snake, Hong Kong enters a world that is more perilous than ever, with US President Donald Trump threatening tariffs against key trading partners and intensifying technological competition with China. Comments from Chinese officials that there are “no winners” in a trade war drop strong hints that China would not hesitate…
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email On today’s episode of CNBC Crypto World, bitcoin stumbles after Chinese startup DeepSeek reveals an AI model that puts the U.S. dominance in artificial intelligence in question and leads to a sell-off of tech stocks. Plus, multiple crypto businesses score licenses to…
It has been confirmed that Berkshire Hathaway, led by the ‘investment genius’ Warren Buffett, has increased its stake in the Brazilian digital bank Nubank. According to Fortune on the 23rd, Berkshire Hathaway increased its stake in Nubank from 0.1% in the fourth quarter of 2022 to 0.4% in the third quarter of last year, an…
U.S. stock indexes gained ground on Wednesday, buoyed by stronger-than-expected earnings from major tech companies and growing enthusiasm over the profit potential of artificial intelligence (AI). The S&P 500 rose by 0.5 percent in early trading, marking its sixth increase in the past seven sessions. The Dow Jones Industrial Average was up 97 points or…
Donald Trump meme coin update: United States President Donald Trump‘s official meme coin $TRUMP held steady overnight, logging $8 billion value on January 22, while wife Melania’s coin is out of top 100 on Coinmarketcap, with market capitalisation of $760 million. At the time of writing at 9.30 am (IST) on January 22, the $TRUMP…
President Donald Trump’s goodwill in the cryptocurrency industry has taken a hit after he and his wife launched meme coins — a move critics say looks like an unseemly cash grab that undermines an effort to legitimize digital assets. The industry, which felt unfairly targeted by the Biden administration and spent heavily to help Trump…
Snoop Dogg was the lead act at the first-ever Crypto Inaugural Ball held in Washington on Friday evening MacKenzie Sigalos As the crypto industry celebrates the arrival of a new administration in Washington, D.C., nobody is taking quicker advantage of the coming changes than the person leading the charge: President Donald J. Trump. On Friday…