Author: Crypto Insider

Robinhood said it anticipates retail trading is slowing down in the third quarter of 2021 relative to the second quarter, especially in cryptocurrencies. Crypto trading accounts for about 17% of Robinhood’s revenue. Popular stock trading app Robinhood warned that potential trading revenue will be lower and new clients as the boom in retail investing starts…

Digital asset manager Grayscale Investments is launching a DeFi Fund and index, as announced by Grayscale CEO Michael Sonnenshein. The new fund joins a growing number of offerings to help investors easily bet on decentralized finance (DeFi). Grayscale Investments, the world’s largest digital currency asset manager, and CoinDesk Indexes, a subsidiary of CoinDesk Inc., the…

One of America’s largest banking establishments, the Bank of America (BofA), has launched a new service enabling to trade of Bitcoin futures, according to Coindesk’s anonymous sources. Some clients reportedly are in the setup process, while some are already live. As two anonymous sources reported Friday, the bank is clearing cash-settled Bitcoin futures, a type…

Breaking crypto news from the last week (10 – 16 July 2021): 10 July: The BIS, the IMF, and the World Bank called to the G20 to create a cross-border network of central bank digital currencies (CBDC), underpinned by efficient technological integration and proactive international cooperation, which could be of significant benefit to the world…

With cryptocurrencies like Bitcoin, Ether, and Dogecoin gyrating in value over the past few months, many people are looking at so-called stablecoins like Terra to invest in because of their more predictable prices. Terraform Labs, which oversees the Terra cryptocurrency project, has benefited from its rising popularity. The company said Friday that investors like Arrington…

Damien Hirst says NFTs are changing the world. In an exclusive interview with Cointelegraph, the British contemporary artist noted that they are like “the invention of paper.” Speaking in London with Andrew Thurman of Cointelegraph, Hirst presented his “The Currency” artwork collection, the pile of boxes containing 10,000 sheets with unique paintings created in 2016,…