Crypto News

Image generated by CariGold The stock of Robinhood Markets (Nasdaq: HOOD) hit an all-time high of $92.35 on June 30 as the Menlo Park, California-headquartered trading exchange launched a suite of new crypto products. Robinhood announced the launch of more than 200 tokenized U.S. stocks and exchange-traded funds (ETFs) to its customers in the European Union (EU). Tokenization of stocks refers to the process of digitally representing stocks as tradable tokens on a blockchain in order to offer fractional ownership of those stocks to potential investors. Tokenization not only digitizes stocks, it also makes them more affordable to trade. Robinhood will issue these stock tokens on Arbitrum, the Ethereum-based layer 2 blockchain...

Image generated by CariGold Why Shares of SoFi Just Hit a 52-Week High Today Key Points Shares of the digital bank and fintech company SoFi (NASDAQ: SOFI) traded roughly 8.6% higher, as of 1:26 p.m. ET today, hitting a new 52-week high earlier in the day of $18.92. There's no obvious reason behind the move, but a few reasons could explain the jump. Riding the momentum Last week, SoFi announced that it will offer new crypto initiatives on its platform. As investors may recall, SoFi had offered members the ability to buy certain cryptocurrencies on its investing platform, but had to cease those operations in 2023 due to agreements with regulators. However, with the pro-crypto Trump administration, all systems are a go. In its...

Image generated by CariGold What Happened? Shares of financial services company Robinhood (NASDAQ:HOOD) jumped 10.5% in the afternoon session after Bank of America raised its price target on the stock as the company announced a major expansion of its crypto offerings in the European Union. BofA Global Research boosted its price target to $95 from $65, citing an improved regulatory outlook for digital assets which they believe will encourage wider investor participation in cryptocurrencies. This bullish analyst sentiment was followed by Robinhood's announcement that it is launching US stock and ETF tokens for its European customers, effectively transforming its EU app from a crypto-only platform to an all-in-one investment tool. The...

Image generated by CariGold Veteran macro trader who correctly forecasted S&P 500 rally has a shocking advice Veteran trader and renowned market analyst Peter Brandt issued a surprising message on June 30, cautioning that trading is the "wrong path for 95% of people." Brandt, widely respected in the financial industry for his technical analysis skills and decades of experience in volatile markets, recently laid out an easy-to-follow monthly investing plan for regular traders. His financial advice included investing 80% in the S&P 500 ETF ($SPY) and 20% in Bitcoin, reinforcing his faith in cryptocurrency over the long run. In a candid post on X, Brandt stated that most individuals would be better served pursuing alternative careers...

Image generated by CariGold Bitcoin-Gold Ratio Signals Bullish Flag Pattern Data tracked by TradingView shows that the BTC to gold ratio increased by over 10% to 33.33 last week, registering its best performance in two months. What does bitcoin's outperformance compared to gold indicate? This article has been published in news.yahoo.com via Yahoo News. https://finance.yahoo.com/video/bitcoin-gold-ratio-signals-bullish-164452494.html

Image generated by CariGold 2 reasons why Mastercard and Visa shares are underperforming right now Visa and Mastercard have fallen about 5% each in the past month, even as the S&P 500 gained roughly 4%, and analysts at Morgan Stanley say two forces are largely to blame for the stumble. 1. Money moving into bank stocks Morgan Stanley’s trading analysis shows the card networks’ shares typically weaken when U.S. banks rally, because portfolio managers often fund higher‑beta financial bets by trimming Visa and Mastercard. The pattern has resurfaced: the Dow Jones U.S. Banks Index is up about 8% over the same four‑week span, helped by improving capital‑market sentiment and clearer rules for lenders. When bank momentum cools, the brokerage...

Image generated by CariGold 5 Pieces of ‘Propaganda’ Money Expert Kumiko Love Isn’t Falling for — and How It Can Help Your Finances Kumiko Love, known as The Budget Mom on social media, recently shared an Instagram reel titled “Propaganda I’m Not Falling For.” The short video played Elton John’s Rocket Man over a series of video clips, displaying beliefs that Love isn’t buying. While some are obvious, others will make you think if it’s worth revising your views on money, socioeconomics, and success to improve your long-term finances. Buy Now, Pay Later Buy Now, Pay Later is a payment service through companies like Klarna and Affirm. These payments aren’t reported to the credit bureaus, but if you make a late payment, you could be...

Image generated by CariGold Why Trump Would 'Love' Fed Chair Powell to Quit; Strategy Bags Another 4,980 BTC Bitcoin is trading near the $107,500 level as Donald Trump reiterated his desire for interest rates to be cut to 1%. Additionally, the President said he would 'love' it if Fed Chair Powell were to resign. Plus, Michael Saylor's Strategy bought 4,980 BTC last week and the Spanish arrested 5 members from a suspected $540 million crypto fraud operation. This article has been published in CoinDesk via Yahoo News. https://finance.yahoo.com/video/why-trump-love-fed-chair-155158746.html

Image generated by CariGold Michael Saylor's Strategy Strategy (Nasdaq: MSTR) acquired 4,980 Bitcoin for $531.9 million at $106,801 per BTC between June 23 and June 29. The company now holds 597,325 BTC worth more than $64 billion at the time of writing. It says it acquired the said number of Bitcoin for $42.40 billion at $70,982 per BTC. Strategy began acquiring Bitcoin in 2020 amid the coronavirus pandemic and has since grown to become the world's largest publicly traded corporate holder of Bitcoin. The company is a pioneer in turning Bitcoin into the primary reserve asset on the balance sheet, and several new companies such as Japan's Metaplanet are now emulating Strategy's playbook. Strategy co-founder and executive chairman...

Image generated by CariGold The Biggest Winners from the Crypto Industry's Triumphant 2025 The crypto industry has emerged triumphant in the first half of 2025. Investors kicked off the year optimistic about the Trump administration's crypto-friendly stance, including talk of a strategic bitcoin reserve. However, enthusiasm wavered early on after the launch of Trump- and Melania-themed meme coins, which stirred controversy during a pivotal time for the crypto world. Momentum returned with the appointment of Paul Atkins as SEC chair and the introduction of a dedicated crypto czar, pushing bitcoin to record highs just below $112,000. A sharp sell-off followed Trump's April 2 "Liberation Day" tariffs, briefly cooling sentiment. However...

Image generated by CariGold Robinhood Launches Tokens Allowing EU Users to Trade in US Stocks Robinhood announced that it has launched tokens enabling its European Union customers to trade over 200 U.S. stocks and exchange-traded funds, including notable companies like Nvidia, Apple, and Microsoft. The commission-free tokens can be traded continuously, five days a week, and will be issued in partnership with blockchain firm Arbitrum. With this initiative, Robinhood aims to capitalize on the growing global interest in the U.S. stock market, which houses some of the most influential tech companies and key beneficiaries of the AI boom. Tokenized equities blend traditional finance with crypto-like trading, gaining popularity among...

Image generated by CariGold Robinhood reveals tokenized stock trading in the EU Robinhood is making a big statement to the financial services community. The trading platform said it has launched US stock and ETF tokens in the European Union at an event in Cannes, France. European Robinhood customers will have access to more than 200 US stock and ETF tokens. Stock token holders will also receive dividend payments directly in their Robinhood app. With tokenized stocks, the company's European app transitions from a crypto-only app to a broader offering where customers can invest in stocks and ETFs. Stock tokens will initially be issued on the blockchain player Arbitrum. Robinhood said tokenized stocks will soon be facilitated by its...

Image generated by CariGold Analysts initiate Circle, some cautious on lofty valuation amid stablecoin boom Analysts initiated coverage of Circle, the company behind USD Coin, with opinions diverged sharply as the stock’s meteoric rise collided with questions about how much growth is already priced in. Shares were around $181 in Monday premarket trading, nearly six times their $31 IPO price on June 5. Bernstein and Barclays led the bulls, starting Circle with Outperform and Overweight ratings and price targets of $230 and $215, respectively. Both argued that a regulatory head‑start, deep liquidity and partnerships give Circle a durable edge as stablecoins move from crypto exchanges into mainstream payments and capital markets. JP...

Image generated by CariGold Ripple Labs is one of the most prominent blockchain tech and crypto payments companies in the world. Founded in 2012, the company is helmed by CEO Brad Garlinghouse who earned an MBA degree from Harvard University and worked at tech giants such as Yahoo and AOL before joining the fintech firm. Recently, a popular crypto X account, @digitalassetbuy, underlined that when someone like Garlinghouse holding a Harvard MBA gets a tattoo after 50, it shows confidence in the future: The Ripple CEO responded, "1000%." The tattoo being discussed was first revealed by Garlinghouse back in September 2023, which showed the XRP icon along with a landmark date, 07-13-2023, tattooed on his arm. Significance of the...

Image generated by CariGold HOOD Unveils Micro Futures for BTC, SOL, XRP: Riding on Crypto Demand? Robinhood Markets HOOD is expanding its crypto footprint with the launch of micro futures for Bitcoin (BTC), Solana (SOL), and XRP. Designed for retail traders, these smaller contracts lower the barrier to entry, requiring less capital and offering flexible exposure to volatile digital assets. By allowing directional bets and hedging with minimal margin, Robinhood is positioning itself as a user-friendly gateway to crypto derivatives. The move follows growing demand and builds on its recent acquisition of Bitstamp and pending buyout of WonderFi, strengthening its crypto ecosystem. With 25.9 million funded accounts, Robinhood is...

Image generated by CariGold Wall Street Analysts Bullish on Circle After Blockbuster IPO, But Warn on Sky-High Valuation (Reuters) - Wall Street brokerages began coverage of stablecoin issuer Circle Internet Group on Monday with broadly bullish ratings, though some analysts voiced concerns about its elevated valuation after the stock more than doubled since its market debut. The New York-based company's shares were down nearly 3% in premarket trading. Circle debuted this month at $69 per share in the first major IPO by a stablecoin issuer. The blockbuster flotation represents the biggest crypto listing since Coinbase's 2021 debut. The company had priced its IPO at $31 per share. J.P. Morgan, Citigroup and Goldman Sachs were the...

Image generated by CariGold Hong Kong-based crypto platform OSL shares jump on Canadian acquisition SHANGHAI/HONG KONG (Reuters) - Hong Kong-listed shares of OSL Group jumped 10% to their highest in almost four years on Monday after the digital asset trading platform said it had acquired Canadian-based crypto infrastructure provider Banxa. The Banxa deal announced late on Friday is the latest in a string of overseas asset purchases over the past year. OSL's finance chief said it would accelerate its global expansion plans to tap into growing interest in cryptocurrencies. "We will continue global expansion through both acquisitions and license applications," Ivan Wong told Reuters on Monday. Having a global footprint is crucial to...

Image generated by CariGold Backed Finance Debuts Tokenized Stocks on Bybit, Kraken and Solana DeFi Protocols Real-world asset tokenization firm Backed Finance is launching its tokenized stock offering on major crypto exchanges, and Solana (SOL)-based decentralized finance (DeFi) protocols, bringing equities like Apple, Amazon, and Microsoft and crypto-native platforms closer. The offering includes some 60 equity and ETF tokens that are available for trading around-the-clock, the company said on Monday. Crypto exchanges Bybit and Kraken are first to allow trading with the tokens, followed by integrations with DeFi apps Kamino Swap, Raydium, and Jupiter later in the day, the press release said. The tokens will soon be available as...

Image generated by CariGold Should You Buy XRP (Ripple) While It's Under $3? Key Points The value of any cryptocurrency can change drastically, and XRP (Ripple) (CRYPTO: XRP) is no exception. The coin's value has spiked about 360% over the past year, but has cooled lately and fallen about 10% over the past three months. Many cryptocurrencies often rise and fall rapidly on small bits of news or investor sentiment, and their moves are often more drastic than the swings of share prices. This volatility has some investors wondering whether XRP is a good place to invest right now, or if it's best to avoid the coin. Here’s why investing in XRP could make sense for some investors, and why others may want to avoid it. The case for buying...

Image generated by CariGold Is Invesco S&P International Developed Quality ETF (IDHQ) a Strong ETF Right Now? The Invesco S&P International Developed Quality ETF (IDHQ) was launched on 06/13/2007, and is a smart beta exchange traded fund designed to offer broad exposure to the Foreign Large Growth ETF category of the market. What Are Smart Beta ETFs? The ETF industry has long been dominated by products based on market cap weighted indexes, a strategy created to reflect the market or a particular market segment. Because market cap weighted indexes provide a low-cost, convenient, and transparent way of replicating market returns, they work well for investors who believe in market efficiency. However, some investors believe in the...