Bitstamp by Robinhood tops CoinDesk’s Exchange Benchmark rankings for first time in three years

Elliptic raised $120M at a $670M valuation as Deutsche Bank, Nasdaq and JPMorgan bankroll blockchain surveillance tools amid surging crypto crime and regulatory heat. Blockchain analytics and compliance firm Elliptic has secured a $120 million funding round at a $670…

The post Bitcoin rally stalls ahead of U.S. inflation report as XRP, SOL prices hit resistance: Crypto Daily appeared on BitcoinEthereumNews.com. This is an excerpt from CoinDesk newsletter ‘Daybook.’ Sign up here, if you haven’t already. Bitcoin’s BTC$80,621.04 rally stalled in the $80,000–$82,000 range, where it has largely traded since last Wednesday. While fund flows continue to point toward an eventual breakout, macro risks, particularly inflation, suggest caution. The U.S. is scheduled to report its consumer price index (CPI) for April at 8:30 a.m. ET. According to FactSet, the median estimate is 3.7%, up from 3.3% in March. If that proves correct, it would mark the largest increase in the CPI since January 2024 and be well above the trailing 12-month average of 2.7%. Analysts are worried that such a reading, especially against the backdrop of what President Donald Trump described as an “unbelievably weak” U.S.-Iran ceasefire and still-elevated oil prices, could trigger risk aver

Anchorage's shift highlights a trend where federally regulated crypto firms prioritize neutrality, impacting stablecoin market dynamics. The post Anchorage withdraws from Robinhood and Kraken-backed stablecoin group appeared first on Crypto Briefing.

Robinhood has filed a confidential registration for RVII, a second publicly traded venture fund that will expand beyond its first fund’s late-stage focus to include early-stage startups. The fundraising target has not yet been set, following RVI’s debut in March which raised several hundred million short of its $1 billion goal but has since more […]

Cowboy Space Corporation, founded by Robinhood co-founder Baiju Bhatt, has raised $275 million in a Series B led by Index Ventures at a $2 billion valuation, with participation from Breakthrough Energy Ventures, Construct Capital, IVP, and ORIC. The company is building orbital data centres to meet surging AI compute demand — and developing its own rocket to […]

Robinhood files confidentially for its second venture fund, this time targeting growth as well as early-stage startups.

The post Anchorage Steps Back From Robinhood and Kraken-Backed USDG Stablecoin Consortium appeared on BitcoinEthereumNews.com. JUST News Anchorage Digital, the first federally chartered crypto bank in the United States, is dialing back its prominent role inside the Global Dollar (USDG) stablecoin consortium that counts Robinhood, Kraken, Galaxy Digital, OKX, Visa, Worldpay and Bullish among its members. Chief executive Nathan McCauley said the firm will adopt a posture of “increased neutrality” rather than actively promoting a single token. USDG, issued by Paxos Digital Singapore under Monetary Authority of Singapore supervision, carries a circulating supply of roughly $3 billion. Anchorage remains a consortium participant, but with as many as 20 banks and tech firms exploring white-label stablecoin issuance through its rails, the custodian is recalibrating incentives to avoid favoring any one issuer. Macro investor and former hedge fund manager Jordi Visser disclosed a fresh Ether pos

Zcash’s sharp revival did not happen by accident, according to Josh Swihart, who argues that ZEC’s roughly 1,500% rally reflects a multi-year reset across governance, product strategy, narrative positioning and organizational structure. In a detailed update, Swihart framed Zcash’s recent strength as the result of hard decisions made in 2023 and 2024 that are now […]