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Bitcoin News Roundup for April 29, 2020
BTC prices rise as experts agree that the halving isn't that big a deal. It's CoinDesk's Markets Daily Podcast.
Updated Sep 14, 2021, 8:34 a.m. Published Apr 29, 2020, 4:00 p.m.
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BTC prices rise as experts agree the halving isn't that big a deal. It's CoinDesk's Markets Daily Podcast.
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Today's stories:
Bitcoin Rises Above $8.1K as Bull's Eye April Gain for Fifth Year Running
YouTube Suspends Ripple's Tech Chief Days After XRP Scam Lawsuit Filing
Crypto Data Provider Skew Raises $5M, Launches Trade Execution Platform
Bitcoin’s Halving Is Irrelevant For Some Large Traders
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Robinhood misses Q4 revenue estimates as fourth-quarter results dinged by crypto slump
Crypto revenue fell 38% year over year to $221M, even as the company expanded token listings and crypto features across its platform.
What to know:
- Robinhood’s fourth quarter earnings per share of $0.66 topped estimates for $0.63, but revenue of $1.28 billion fell shy of forecasts for $1.33 billion.
- The crypto slump paid a large part in the miss, with crypto revenue falling 38% from a year earlier to $221 million.
- Robinhood’s results mirror broader crypto-market weakness, which is also expected to weigh on rival Coinbase (COIN), and HOOD shares fell about 7% in post-market trading after the earnings release.
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