All articles tagged with #crypto trading
OpenAI has introduced 'Pulse,' a new proactive, personalized update feature for ChatGPT that can deliver daily market and news updates, including crypto market insights, aimed at retail traders increasingly using AI for investment advice. While promising for personalized information, users should be cautious about relying solely on AI for financial decisions, especially in volatile markets like crypto.
Morgan Stanley will enable cryptocurrency trading on its E*Trade platform starting in the first half of 2026 through a partnership with Zerohash, offering trading in bitcoin, ether, and solana, as the digital assets market continues to grow and attract major financial institutions.
Morgan Stanley is preparing to launch crypto trading for retail clients through E-Trade by mid-2026, partnering with Zerohash for liquidity and custody, and envisions integrating traditional and digital assets, including tokenized assets, to transform wealth management.
The U.S. CFTC is planning to unify spot and futures crypto trading under a single regulatory framework through the 'Crypto Sprint' program, aiming to streamline regulation and clarify the roles of different regulators in the sector, in collaboration with the SEC.
The U.S. Commodity Futures Trading Commission (CFTC) announced plans to enable trading of spot crypto assets on registered futures exchanges, signaling a move towards integrating digital assets into traditional finance and aligning with broader pro-crypto policies of the Trump administration, potentially paving the way for wider institutional adoption.
PNC Bank is partnering with Coinbase to offer cryptocurrency trading and related banking services to its customers, marking a significant move towards mainstream integration of digital assets in traditional finance.
PNC Bank is partnering with Coinbase to offer cryptocurrency trading, marking a significant shift as US banks become more involved in digital assets, supported by recent legislation and changing industry attitudes, with PNC aiming to challenge larger rivals and expand its services in the digital finance space.
The cryptocurrency market experienced a significant downturn with $495 million in liquidations over the past 24 hours, primarily affecting long positions. XRP saw a 10% drop, while Bitcoin fell to $95,000, missing the $100,000 mark. Despite the market correction, some investors, including whales, continue to accumulate Bitcoin. Analysts like Galaxy Digital's Mike Novogratz and VanEck's Matthew Sigel suggest that such corrections are normal, with Bitcoin historically recovering from similar situations.
Bitcoin's price has surged over 12% in the past week, crossing the $60k mark and hinting at a retest of its all-time high (ATH). However, a significant rise in liquidation at $72.3k could lead to a price correction. Metrics indicate increased selling pressure and potential short-term corrections, despite bullish signals like the Relative Strength Index (RSI) and Bitcoin's Rainbow Chart suggesting a "BUY" phase.
Bitcoin's price surged past $70k, sparking excitement and predictions of a rise to $87k. Despite a sell signal, BTC maintained its bullish momentum, supported by high buying pressure and positive market indicators. However, some metrics like the Chaikin Money Flow suggested potential bearish trends.
Dogecoin's price surged by over 12% in the past week, with market indicators suggesting a potential sevenfold increase. Analyst Mags noted that DOGE's current pattern mirrors its 2021 cycle, which saw a massive price spike. On-chain data shows high whale activity and positive sentiment, though the fear and greed index indicates a possible price correction. Overall, market indicators remain bullish on DOGE.
Robinhood's fourth-quarter earnings exceeded Wall Street expectations, with a rise in revenue and adjusted earnings per share. While monthly active users fell, crypto trading saw a 10% increase year-over-year, contributing $43 million in revenue. Needham & Company's John Tadaro views crypto trading as a significant growth component for Robinhood, with the company's future growth profile largely tied to the broader crypto landscape. Tadaro suggests that Robinhood should offer more crypto products and expand its presence internationally, while also focusing on driving net deposits higher through improved user experience and value proposition.
Robinhood's fourth-quarter crypto revenue rose 10% to $43 million as more users traded crypto, potentially indicating positive results for Coinbase, which is reporting earnings this week. The company's overall fourth-quarter revenue of $471 million beat estimates, with earnings per share at $0.03, leading to a 15% rise in its stock. Robinhood also aims to expand internationally and expects to gain more crypto trading market share in 2024.
Bitcoin surged to nearly $45,000, reaching a four-week high, driven by increased open interest on BTC contracts and record highs in U.S. equity indexes, while spot trading volumes across centralized crypto exchanges rose to levels last seen in June 2022. Ether also gained, reaching a two-week high, and evidence suggests that Blackrock and Fidelity's spot bitcoin ETFs have an advantage over Grayscale in terms of liquidity metrics.
Robinhood is expanding its cryptocurrency trading services outside of the United States by launching a crypto product in the European Union. The new feature will allow customers to buy, sell, and hold over 25 tokens, including popular cryptocurrencies like Bitcoin and Ethereum. Robinhood plans to offer more tokens and additional features, such as the ability to transfer and earn rewards from crypto, in 2024. The move comes as several major US crypto firms are seeking growth in the EU due to regulatory challenges in the US. Robinhood aims to attract EU users with the opportunity to earn free Bitcoin through trading and referrals. The company emphasizes transparency and security features in its European crypto offering, including displaying spreads on trades and storing customer coins in cold wallets.