Robinhood Chain's rapid TVL growth highlights the potential for new Layer-2 solutions to quickly disrupt established blockchain ecosystems.
The post Uniswap TVL on Robinhood Chain surpasses $30M as Layer-2 launch gains serious traction appeared first on Crypto Briefing.
Robinhood Chain's rapid TVL growth highlights the increasing mainstream adoption of DeFi, potentially reshaping traditional finance landscapes.
The post Robinhood Chain TVL surpasses $10M as Lighter integration gains traction appeared first on Crypto Briefing.
Robinhood's rapid stablecoin growth signals a shift in DeFi competition, challenging established players and attracting new users to its ecosystem.
The post Robinhood’s stablecoin market cap surpasses $270M, up 100% in a week appeared first on Crypto Briefing.
The post Morning Minute: Robinhood Chain Explodes Onto the Crypto Scene appeared on BitcoinEthereumNews.com.
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. And check out our new daily news show covering all of the top stories in 5 minutes, downloadable on Apple Pod or Spotify. GM! Today’s top news: Crypto majors rebound 3% across the board; BTC at $64.3k Circle receives OCC approval for national trust bank charter; CRCL +10% A new draft of the Clarity Act could come next week as clock ticks Polymarket seeks regulatory approval to allow margin trading Robinhood Chain memes explode as Cashcat jumps 80%, several others up 200%+ 📈 Robinhood Chain Explodes Out of the Gate, Flipping Hyperliquid and Lifting Arbitrum One week after launch, Robinhood Chain has already become one of the busiest networks in crypto. The Arbitrum-powered blockchain processed $568 million in trading volum
The post This Trader Sold His CASHCAT for $711 Instead of Retiring: Here’s the Math appeared on BitcoinEthereumNews.com.
Key Takeaways Lookonchain says a trader sold 20M CASHCAT for $711, missing $2.7 million after the token’s July surge. CASHCAT hit an all-time high of $0.147 on July 8 as Robinhood Chain DEX volume topped $563 million. CASHCAT’s roughly $105 million market cap sits on about $6.6 million of liquidity, an exit-risk red flag. Meme Frenzy Continues The wallet spent 0.04 ETH, about $69, to buy 20 million CASHCAT, then sold the position for 0.415 ETH, roughly $711 (a solid 10x return). Lookonchain flagged the wallet, noting the tokens would now be worth over $2.7 million. Image source: X Cash Cat has been the breakout token of Robinhood Chain, the Ethereum layer 2 network the brokerage launched on July 1 using Arbitrum’s technology. The meme coin (which describes itself as “fan fiction with a ticker”) is built by outsiders around the cat-with-cash logo Robinhood used in its
Onchain analytics firm Lookonchain says a trader who spent just $69 on Cash Cat (CASHCAT) sold his 20 million tokens for $711, weeks before the Robinhood Chain meme coin’s vertical rally would have made the same stash worth more than $2.7 million. Meme Frenzy Continues The wallet spent 0.04 ETH, about $69, to buy 20 […]
The post Crypto Market Today – July 10th appeared on BitcoinEthereumNews.com.
The post Crypto Market Today – July 10th appeared first on Coinpedia Fintech News The cryptocurrency market gained 1.24% over the past 24 hours, lifting its total value to $2.19 trillion, with Layer-2 tokens leading the advance. The rally was driven by Robinhood’s new blockchain, Robinhood Chain, which is built on Arbitrum technology and will share 10% of its chain revenue with the Arbitrum ecosystem. The announcement helped push … Source: https://coinpedia.org/crypto-live-news/crypto-market-today-july-10th/