Two popular altcoins are surging in price after receiving surprise listings from US-based crypto exchange platform Bitstamp. In a new blog post, the crypto exchange says that its US branch is adding support for smart contract platform Solana (SOL) and Pepe (PEPE), a frog-themed meme asset built on top altcoin Ethereum (ETH). “The day US […]
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A Dogecoin (DOGE) rival has rallied after suddenly being listed on retail trading giant Robinhood’s platform. In a new announcement, Robinhood says that the dogwifhat (WIF) is available for trading on Monday. Amid the news, the memecoin soared to a high of $3.62, up from Sunday’s low of $3.06. WIF has settled down to $3.24 […]
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A popular frog-themed meme asset that has surged 94% during the last week is seeing another leg up after gaining support from top US-based crypto exchange platform Coinbase. In a new announcement, Coinbase says that investors can now buy, sell, trade, store and convert the popular memecoin Pepe (PEPE). “Pepe is now live on [coinbase.com] […]
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Retail trading giant Robinhood is announcing the addition of new crypto assets to its burgeoning suite of products. In a new press release, Robinhood says its adding smart contract platforms Solana (SOL) and Cardano (ADA), memecoin Pepe (PEPE), and XRP. These four tokens will join other popular cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), […]
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The prediction market has listed contracts for betting on events, including a prospective Trump impeachment.
Prediction marketplace Kalshi has rolled out more markets for betting on United States political events in a bid to keep engagement high after the Nov. 5 presidential election.
The contracts cover outcomes ranging from how President-elect Donald Trump will staff his administration to whether he will be impeached during his presidency, according to regulatory filings with the US Commodity Futures Trading Commission.
Bettors flocked to political prediction platforms ahead of the US elections, with betting volumes tied to the presidential race nearing $4 billion as of election day on Nov. 5, according to a Cointelegraph analysis.
The stablecoin issuer Paxos partnered with the crypto exchange Kraken, the retail trading giant Robinhood and a handful of other digital asset firms to launch a new stablecoin network for enterprises. The new “Global Dollar Network” is an open network that aims to increase stablecoin usage around the globe, according to a new press release […]
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Following the footsteps of the popular crypto betting platform Polymarket, retail trading giant Robinhood is launching a presidential election event contract for traders to bet on. In a new announcement, Robinhood introduces its newest feature, event contracts. “Event contracts allow customers to trade on the outcome of specific events, such as whether a candidate will […]
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As Robinhood rolls out its presidential election event contracts, the prediction markets Polymarket and Kalshi are drawing in substantial multi-million-dollar revenues tied to election-related trading. Robinhood Jumps Into Election Contracts Scene On Monday, Robinhood said began deploying election event contracts to select U.S. customers on Oct. 28, just ahead of the Nov. 5 U.S. presidential […]
Dan Gallagher, a former SEC commissioner, was one name former regulators reportedly said a Trump administration may consider to chair the securities regulator.
Several former United States regulators and securities lawyers reportedly said Robinhood chief legal officer Dan Gallagher could be a contender for Republican presidential hopeful Donald Trump’s pick to lead the Securities and Exchange Commission (SEC) if he is victorious in November.
According to an Oct. 7 Politico report, one former SEC official said Gallagher would be a “natural choice” to chair the securities regulator under Trump. Gallagher served as an SEC commissioner from 2011 to 2015 and became the CLO at Robinhood in 2020.
In July, Trump claimed that if he were to defeat US Vice President Kamala Harris in November’s presidential election, he would fire SEC Chair Gary Gensler “on day one.” As of October, many polls showed the Republican candidate neck and neck with Harris nationwide and in crucial battleground states.
A top executive at trading giant Robinhood is reportedly likely to end up replacing Gary Gensler as the head of the U.S. Securities and Exchange Commission (SEC) if Donald Trump wins the election. According to a new Politico report, “a dozen former top regulators, lobbyists and securities lawyers” say that Robinhood’s chief legal officer Dan […]
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