Aug 3: Coinbase's Revenue Milestone, Shiba Inu's DeFi Ambitions, and Robinhood's Crypto Revenue Drop

Aug 3: Coinbase's Revenue Milestone, Shiba Inu's DeFi Ambitions, and Robinhood's Crypto Revenue Drop

In today's episode of Daily Crypto News, we dive into the latest happenings in the crypto world. Coinbase celebrates a revenue surge driven by fees, subscriptions, and the USDC stablecoin. Hong Kong grants exchange licenses to Hashkey and OSL, marking a significant step for the crypto industry in the region. Shiba Inu takes strides towards becoming a DeFi contender by adding digital IDs to its ecosystem projects. Alameda-linked coins experience suspicious Twitter bot-induced pumps following their listing on FTX. Circle's market faces a decline as supply hits a two-year low. Elizabeth Warren and Bernie Sanders raise concerns over tax evasion in the crypto space, urging action from the IRS and Treasury. Lastly, Robinhood reports a drop in crypto revenue in their latest earnings report. Stay tuned for more updates on the dynamic and ever-changing crypto landscape!


#CryptoNews #Coinbase #ShibaInu #DeFi #Robinhood #HongKong #Cryptocurrency #Bitcoin #USDC #FTX #IRS #Regulation

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News Links 👇


https://decrypt.co/151047/coinbase-revenue-fees-subscriptions-services-usdc-circle


https://www.dlnews.com/articles/regulation/hashkey-exchange-and-osl-get-exchange-licences-in-hong-kong/


https://www.coindesk.com/tech/2023/08/03/shiba-inu-take-steps-to-become-defi-contender-will-add-digital-ids-to-ecosystem-projects/


https://www.coindesk.com/tech/2023/08/03/alameda-linked-coins-pumped-by-twitter-bots-after-ftx-listing-report-shows/


https://www.dlnews.com/articles/markets/circle-market-decline-since-svb-sees-supply-at-two-year-low/


https://decrypt.co/151061/elizabeth-warren-bernie-sanders-irs-treasury-tax-evasion


https://www.theblock.co/post/242875/robinhood-reports-drop-in-crypto-revenue-in-latest-earnings-report


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***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT!


©Copyright 2023 Matthew Aaron Podcasts LLC


Daily Bitcoin, Ethereum, & Crypto News!

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Episoder(742)

April 2: Bitcoin Holds Above $65K, Quantum Warnings Echo, and Drift Exploit Rocks Solana

April 2: Bitcoin Holds Above $65K, Quantum Warnings Echo, and Drift Exploit Rocks Solana

Crypto markets stabilize with Bitcoin above $65K and altcoins like SOL, ETH, and XRP posting stronger rebounds amid easing oil/geopolitical pressure. Google's quantum whitepaper lowers the qubit thres...

2 Apr 6min

April 1: Google Quantum Paper Sparks Crypto Security Debate

April 1: Google Quantum Paper Sparks Crypto Security Debate

Bitcoin rebounds above $68K, ending a losing streak as geopolitical tensions ease and ETF inflows support sentiment. Google’s March 31 Quantum AI whitepaper dramatically lowers the qubit threshold for...

1 Apr 13min

CRAIG COBB: BITCOIN STILL FAILING WHERE IT MATTERS

CRAIG COBB: BITCOIN STILL FAILING WHERE IT MATTERS

Craig’s not getting sucked in by a single green candle. Yeah, Bitcoin finally put in a strong week, up over 10%, but to him, that’s just one candle. That’s not a trend. And more importantly, it’s happ...

31 Mar 5min

March 31: Bitcoin Hovers Near $66K–$67K Amid Geopolitical Tensions

March 31: Bitcoin Hovers Near $66K–$67K Amid Geopolitical Tensions

Bitcoin steadies near $66K–$67K as Iran tensions, oil spikes, and ETF outflows weigh on sentiment, with retail distribution adding pressure amid range-bound trading. Regulatory highlights include KuCo...

31 Mar 9min

March 27: Bitcoin Drops Below $67K on Geopolitical Fears

March 27: Bitcoin Drops Below $67K on Geopolitical Fears

Bitcoin plunges below $67K as Iran war fears, rising Treasury yields, and oil spikes trigger liquidations and retail selling, with Bitcoin ETFs seeing their biggest outflow in three weeks. Tether comm...

27 Mar 8min

March 26: Bitcoin Slips Below $70K on Oil Spike

March 26: Bitcoin Slips Below $70K on Oil Spike

Bitcoin slips below $70K as oil spikes from Iran tensions and macro jitters trigger derivatives unwinds and risk-off flows, with Ethereum and Solana also declining. Regulatory progress includes Senate...

26 Mar 9min

March 25: AI Tokens Heat Up While Stablecoin Yields Face Threat

March 25: AI Tokens Heat Up While Stablecoin Yields Face Threat

Bitcoin steadies above $71K on hopes of an Iran ceasefire and falling oil prices, outperforming in a volatile macro environment, while AI tokens surge on renewed interest. Stablecoin yields face poten...

25 Mar 11min

March 24: Geopolitical Easing, AI Tokens Surge Amid Tokenization Push

March 24: Geopolitical Easing, AI Tokens Surge Amid Tokenization Push

Bitcoin rebounds toward $71K on short liquidations and easing geopolitical noise, with analysts eyeing a potential bottom near $60K and long-term bullish targets. Tokenization accelerates via NYSE-Sec...

24 Mar 8min

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