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Robinhood Posts $1.07B Q1 Revenue as 47% Crypto Drop Shifts Focus to Equities
Robinhood posted solid first-quarter growth, with revenue up 15% year over year, even as crypto trading income fell sharply.
Bitcoin Swings $2,800 as Traders Dump at $77,882 Peak, Pushing Price Toward $75,100
Bitcoin prices swung between $75,000 and $77,800 on April 29 as the Federal Reserve held interest rates steady.
Unprecedented US, China, Dubai Crypto Scam Crackdown Nets 276 Arrests
At least 276 people were arrested in a global cryptocurrency scam crackdown that dismantled nine alleged fraud centers targeting Americans. Authorities
Visa Scales Stablecoin Rails to Nine Networks as Partners Cite Real-World Demand
Visa's stablecoin settlement pilot hits a $7B annualized run rate, up 50% QoQ, expanding to 9 blockchains including Base, Polygon, and Arc.
Federal Reserve Holds Interest Rates Steady at 3.5–3.75%
Fed holds rates at 3.5–3.75% on April 29. Powell and the FOMC pause cuts as inflation stays above the 2% target.
