Latest from Helene Braun
Tech Darling Figma Soars 198% Following IPO; Holds $70M in Bitcoin ETF
The developer of design software previously disclosed ownership of $70 million of Bitwise's BITB, with plans to buy another $30 million in bitcoin.
Robinhood's Strong Q2 Fails to Sway Cautious Wall Street Analysts
Having nearly tripled in price from the April lows, the stock received a number of modest price target hikes, but no ratings upgrades.
Grayscale Launches Trust for Story Protocol to Tap Into $80T Intellectual Property Market
The new Grayscale Story Trust offers investors exposure to $IP, the token powering programmable digital rights on blockchain.
Robinhood Q2 Earnings Beat Expectations as Crypto Volumes Climb and Bitstamp Deal Pays Off
Robinhood posted $160 million in revenue from crypto-related trading and $989 million in overall revenue, outpacing expectations as acquisitions are reshaping the firm.
Coinbase Q2 Earnings Preview: Wall Street Split on Trading Slump vs. Services Growth
Analysts forecast weak second quarter trading volumes for Coinbase but diverge on the stock outlook amid regulatory momentum.
SEC Approves In-Kind Redemptions for All Spot Bitcoin and Ethereum ETFs
The decision allows authorized participants to create and redeem ETF shares directly in BTC or ETH, rather than having to use cash.
DOGE, SOL and XRP Lead Altcoin Losses as Rate Jitters and Leverage Unwind Hit Crypto
Heavy declines across altcoins extended into a second week, while bitcoin and ether showed relative strength amid growing macro uncertainty.
Robinhood Price Target Doubled by JPMorgan on Crypto and Tokenization Bets
Robinhood’s crypto expansion and introduction of EU tokenized equities spur a long-term valuation boost, analysts said.
SUI Token Drops Nearly 6% After Brief Spike as Stronger U.S. Dollar Pressures Crypto Market
SUI reversed gains from an overnight rally amid a broader crypto sell-off and rising U.S. Dollar Index.
SEC Delays Decision on Trump-Linked Truth Social Bitcoin ETF Until September
Other crypto ETF applications, including the Grayscale Solana Trust and Canary Capital Litecoin ETF, were also postponed.
