The post Robinhood Earn + Morpho: Can 7% USDG Boost HOOD? appeared on BitcoinEthereumNews.com.
Robinhood just turned on its own blockchain and a new on-chain yield product, and the market noticed. The pitch is simple: park USDG, see roughly 7 percent APY, all without leaving the app. The question everyone is asking is less simple. Does this move the stock or just make good headlines? On July 1, Robinhood launched Robinhood Chain and introduced Robinhood Earn, a decentralized lending product with an estimated ~7 percent APY on USDG deposits according to company statements and reporting by CoinDesk. The engine under the hood is Morpho, a major DeFi lending protocol, with a curated vault designed by Steakhouse Financial, per Morpho’s announcement on launch day Morpho (official blog / press release). USDG, the stablecoin from Paxos’s Global Dollar Network, is now live on Robinhood Chain and set as the default asset for Earn flows, as the issuer confirmed in its own release Global Dollar Ne
The post Shiba Inu Price Prediction: Can Robinhood’s 109M SHIB Burn Break the Triangle Before It Breaks Down appeared on BitcoinEthereumNews.com.
Robinhood burned over 109 million SHIB in one transaction, the largest single burn in recent weeks The 24-hour SHIB burn rate jumped 3,096% with the 7-day rate up 680% SHIB is compressing inside a descending triangle with all EMAs above price Shiba Inu trades at $0.00000429 on July 8, down 2.05%, as an unprecedented Robinhood-driven burn spike hits the blockchain while the chart shows price trapped inside a tightening triangle. Is SHIB Approaching A Breakout Or Breakdown From Its Triangle? SHIB 1D Price Action (Source: TradingView) The daily chart shows SHIB inside a descending triangle that has been forming since May, with lower highs pressing against a flat support line near $0.0000040-$0.0000042. The Bollinger Bands have tightened sharply, with the upper band at $0.00000475 and the lower band at $0.00000404, one of the most compressed read
The post Lido Price Surge Boosted by Robinhood and Anchorage appeared on BitcoinEthereumNews.com.
Something unusual happened to Lido’s LDO token on July 8, 2026. While Bitcoin slipped 0.78% and Ethereum edged down 0.96%, LDO posted a 16.79% gain in a single 24-hour window, climbing to $0.3269. The Lido price surge didn’t come from speculation alone — it came from two structural moves that fundamentally expand who can access liquid staking, and how. Key takeaways LDO surged 16.79% to $0.3269 on July 8, 2026, with 24-hour trading volume exploding 202.62% to $117.88 million. Lido enabled wstETH transfers directly to Robinhood, opening liquid staking rewards to mainstream retail investors. A partnership with Anchorage Digital — a federally chartered US crypto bank valued at $4.2 billion — lets institutional clients mint and redeem wstETH inside a regulated custody environment. Lido secured Web3SOC certification, a compliance milestone that signals readiness for risk-averse institutional ca
The post Shiba Inu Burns 117 Million SHIB in Largest Single-Day Destruction in Six Months appeared on BitcoinEthereumNews.com.
SHIB News Shiba Inu’s community permanently removed more than 117 million SHIB tokens from circulation on July 8, the largest single-day burn recorded in six months. On-chain data shows the tokens were routed to a dead wallet, a one-way address from which they can never be recovered. A single wallet tied to Robinhood led the activity, torching over 109 million SHIB in one transaction, with smaller wallets contributing the remainder through the session. The spike briefly revived the project’s deflationary narrative, yet it landed against a backdrop of broad altcoin fatigue. For holders of Shiba Inu, the burn underscored how community-driven supply cuts continue even when price momentum stalls. Despite the deflationary headline, SHIB has slipped close to 9% over the past month, holding a narrow trading band even after a modest weekly gain. Our reading of the tape
Robinhood’s 7% USDG yield via Morpho hit mainnet as HOOD rose ~5% intraday. We unpack revenue levers, key risks, and the metrics that could turn it into a stock catalyst.
The post Crypto trader turns $800 into over $1 million in 20 days appeared on BitcoinEthereumNews.com.
A cryptocurrency trader has turned an $838 investment into more than $1 million in just 20 days after backing the rapidly surging Cash Cat (CASHCAT) memecoin on Robinhood Chain. The trader, identified by wallet address 0xDE4C, purchased 15.04 million CASHCAT tokens for just $838, roughly three weeks ago. Following the token’s explosive rally, the trader sold 13.5 million CASHCAT for approximately $917,600 while continuing to hold 1.5 million tokens valued at about $133,700, according to the latest on-chain data retrieved from Lookonchain on July 8. The combined value of realized and unrealized gains pushed the position above $1.05 million, representing a return of roughly 1,253 times the original investment. CASHCAT price chart. Source: Dexscreener The windfall came as CASHCAT emerged as one of the hottest meme coins in the cryptocurrency market. By press time, the token was trading a
The post LIT Rallies 60% in 7 Days Following Two Crucial Announcements appeared on BitcoinEthereumNews.com.
LIT’s price has experienced a notable uptick since Lighter’s July 30 announcements. Lighter DEX updated its tokenomics and announced a partnership with Robinhood Wallet. The partnership enables Lighter to offer perpetual trading with USDG as the quote asset. LIT, the native cryptocurrency of the Lighter decentralized exchange (DEX) ecosystem, has experienced a bullish trend for most of Q2 2026, despite a broader crypto market bearish pressure. TradingView’s data reveals that the cryptocurrency experienced a notable uptick from the beginning of July, surging approximately 60% in less than seven days. According to a Castle Labs analyst monitoring LIT’s price movement, two major announcements from the Lighter ecosystem were responsible for the latest rally. They include a tokenomics update on the digital asset and Lighter’s partnership with Robinhood. $LIT has risen over 80% in the
The post Tenev Embraces Memes to Seed Robinhood Chain Before the RWA Payoff appeared on BitcoinEthereumNews.com.
Robinhood CEO Vlad Tenev, just last week on July 2 told CNBC that memecoins were essentially a dead end. In the interview, he stated that assets with no utility aren’t productive and spinning up hundreds of them serves no purpose. He went on to say that the future of crypto is real-world assets moved onchain. Then today, he posted on X that “While we’re building robinhood chain to be the best chain for RWA … it works great for memes too.” At first glance, this reads like a contradiction. It isn’t. It’s the plan. While we’re building robinhood chain to be the best chain for RWA … it works great for memes too — Vlad Tenev (@vladtenev) July 8, 2026 Robinhood switched on the public mainnet of Robinhood Chain on July 1 during a London livestream called “The World is Flat.” The chain is an Arbitrum Orbit Layer 2, permissionless, and built for tokenized stocks and onchain finance
