EToro Q1 crypto revenue falls to $2.1B from $3.5B as trading activity cools

Crypto exchange Gemini secured a $100 million Bitcoin investment from its founders’ fund, and revealed a 42% YOY Q1 revenue bump.

The post Gemini’s $50M quarter shows why it is moving beyond crypto trading appeared on BitcoinEthereumNews.com. Gemini reported $50.3 million in total revenue for the first quarter of 2026, up 42% from a year earlier.  Summary Gemini’s credit card revenue jumped nearly 300%, making financial services central to its Q1 growth story. Exchange revenue fell 27% as trading volume dropped from $13.5 billion to $6.3 billion year over year. Gemini’s CFTC clearing license supports its push into prediction markets, futures, options and broader trading products. The company said the increase came from services, interest income and over-the-counter activity, while transaction revenue stayed almost flat at $24.1 million. The results show how Gemini is moving beyond its original crypto exchange model. Exchange revenue fell 27% to $17.2 million as spot trading slowed. Total trading volume dropped to $6.3 billion from $13.5 billion in the same quarter last year. Credit card revenue leads growth The l

Gemini revenue rose 42% to $50.3M in Q1 as credit card income surged, but exchange revenue fell and operating costs increased sharply.

Gemini credit card revenue surged nearly 300% to $14.7 million in Q1, attributed to significant growth in its user base.

Strive reported a net loss of $265.9 million for Q1, which it attributed to the fall in market value of its Bitcoin holdings, but saw its shares on its move to pay SATA holders dividends every business day starting in June.

The post Bullish posts $604.9 million Q1 loss as trading activity slows appeared on BitcoinEthereumNews.com. Bullish also reported adjusted EBITDA of $35.1 million, missing analyst estimates of $38 million. Summary Bullish reported adjusted first-quarter 2026 revenue of $92.8 million, missing analyst expectations. The crypto trading platform posted a net loss of $604.9 million, or $3.85 per share. Shares of Bullish fell 7.9% in pre-market trading to $38.51 following the earnings release. Crypto trading platform Bullish reported weaker-than-expected first-quarter 2026 financial results as softer digital asset trading activity weighed on revenue and profitability. According to a report from CoinDesk, the company posted adjusted revenue of $92.8 million, below Wall Street expectations of $94.9 million. The company’s net loss widened sharply to $604.9 million, equivalent to a loss of $3.85 per share, compared with the same period a year earlier. Investors reacted negatively to the results,

Bullish also reported adjusted EBITDA of $35.1 million, missing analyst estimates of $38 million. Crypto trading platform Bullish reported weaker-than-expected first-quarter 2026 financial results as softer digital asset trading activity weighed on revenue and profitability. According to a report from…

Shares in Bitcoin treasury firm Nakamoto hit a new all-time low Thursday after it posted a $239 million loss and sold more BTC in Q1.