Cryptocurrency News
Robinhood Sank After a Blowout Quarter: Rebound, or a Slide to $76?
Robinhood (HOOD) stock closed at $89.84 on July 29, down 3.15%, slipping under $90 even after the company posted its best quarter ever. The drop was not really about the numbers. HOOD has fallen about 14% in five days and roughly 20% this year, so the weakness runs deeper than one earnings report. HOOD Earnings
Up 439%, Then Margin-Called: Did Leopold Aschenbrenner’s Situational Awareness Actually Blow Up?
Situational Awareness lost its $45 billion stock book, Citadel bought the bulk, and bitcoin miners were inside it.
Citi Slashes Coinbase Target 41% — And Keeps Its Buy Rating
Coinbase (COIN) stock heads into second-quarter earnings today after the close under a warning from one of its biggest backers. Citigroup still rates the stock a buy. Even so, it cut its Coinbase price target from $400 to $235 on July 24, a 41% reduction that landed days before the report. Citi Keeps Its Buy
Aave Deprecates 50 Low-Adoption Assets and Winds Down Six Chain Deployments
Aave says the changes are designed to reduce exposure to inactive markets while giving users time to exit positions safely.
Treasury Secretary Scott Bessent Urges Lawmakers to Vote on Clarity Act, Quotes Satoshi Nakamoto
Bitcoin Magazine Treasury Secretary Scott Bessent Urges Lawmakers to Vote on Clarity Act, Quotes Satoshi Nakamoto The Treasury Secretary slammed Democrats for holding back the landmark legislation. This post Treasury Secretary Scott Bessent Urges Lawmakers to Vote on Clarity Act, Quotes Satoshi Nakamoto first appeared on Bitcoin Magazine and is written by…
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