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Robinhood Crypto Revenue Falls 78% as Dogecoin Frenzy Wears Off

In brief Robinhood’s crypto revenue fell to $51 million from $233 million last quarter The company’s CFO pointed to sign-ups for Robinhood’s crypto wallet as a bright spot Robinhood is discovering the downside of the crypto market’s famous volatility. The company on Tuesday revealed that its crypto revenue fell to $51 million in the third quarter of this yeara 78%…

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‘We Need to Allow Banks’ to Hold Bitcoin: FDIC Chair

In brief The FDIC, OCC, and Federal Reserve have been meeting to coordinate crypto policy for banks. McWilliams says she’s working to formally allow banks to hold crypto assets. Federal Deposit Insurance Corporation (FDIC) Chair Jelena McWilliams, one of the country’s top financial regulators, believes it’s time to allow banks to hold cryptocurrency, such as Bitcoin, for themselves and their…

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How Bitcoin Reshapes Philanthropy With Bill Pulte

Watch This Episode On YouTube Listen To This Episode: In this episode of the “Bitcoin Magazine Podcast,” Bill Pulte, CEO of Twitter Philanthropy and grandson of the late founder of home-building giant PulteGroup, talked about his charity with host Alex McShane. They discussed how Bitcoin will reshape philanthropy, how Bitcoin can be integrated into philanthropic organizations and trustless payments without…

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Finder’s Panel of Fintech Experts Predict Ethereum Will Reach $5,114 This Year, Over $50K by 2030 – Bitcoin News

At the end of July, the product comparison website Finder.com published its research findings from a panel of experts that predicted the crypto asset ethereum would reach $4.5K this year. On October 25, Finder updated its “Ethereum Price Predictions Report” that polled 50 financial technology specialists and ethereum is now expected to reach “$5,114 by the end of this year.”…

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Helium partners with Dish Network to expand its crypto-based distributed 5G platform

The ultimate goal of any cryptocurrency project is to achieve widespread adoption by offering a use case that offers real-world value that can be applied across the globe and in every home. One project that just revealed a significant stride towards greater adoption thanks to its user-run wireless network is Helium, a 5G Internet-of-Things-focused project,which revealed a new partnership with…

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Tesla Confirms It ‘May in the Future’ Resume Accepting Bitcoin: SEC Filing

In brief Electric car company Tesla in May stopped accepting Bitcoin as a payment option. The company at the time cited environmental concerns for the move. In an SEC filing yesterday, the company said it may in the future restart the practice. Tesla may start accepting Bitcoin again as payment, the company again confirmed yesterday. The electric car company said…

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Seven-Time Super Bowl Champion Tom Brady Gives a Bitcoin to a Buccaneers Fan – Bitcoin News

Seven-time Super Bowl champion Tom Brady announced on ESPN that he was giving a Tampa Bay Buccaneers fan a bitcoin for returning the star quarterback’s 600th touchdown pass ball. However, experts have said that if the fan kept the ball it possibly could have sold for $500K. Tom Brady Announces Intention to Give Fan a Bitcoin in Exchange for His…

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