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The post ‘CASHCAT’ trader turns $800 into over $1 million on Robinhood’s brand new blockchain appeared on BitcoinEthereumNews.com. The whole thing stands on shaky ground, however. CASHCAT carries a market value of about $105 million against roughly $6.6 million of liquidity in its Uniswap pool, meaning it may not absorb even a fraction of the holders trying to leave at once. The token is down about 12% over 24 hours and roughly a quarter off the intraday peak near $145 million it touched on Wednesday, and sell volume has edged past buy volume, $29.1 million against $28.9 million, across more than 30,000 transactions from about 6,800 traders. Robinhood did not create the token. CASHCAT’s own website describes it as “fan fiction with a ticker,” a project built by outsiders around the cat-with-cash logo the company used in its earliest days before rebranding. The utility, the site says, “is cat.” Interestingly, on July 2, the day after the chain went live, Robinhood’s chief executive Vlad
Read full articleWolves Esports' success in VCT China Stage 2 underscores the growing influence of blockchain partnerships in mainstream sports and esports. The post Wolves Esports opens VCT China Stage 2 with dominant win, highlighting crypto’s quiet push into competitive gaming appeared first on Crypto Briefing.
The post Robinhood Chain DEX Volume Hits Record High Amid Cash Cat Frenzy appeared on BitcoinEthereumNews.com. Robinhood Chain’s daily decentralized exchange (DEX) trading volume reached $563.9 million on July 8. This marked a record high for the week-old network, as a meme coin rush overtook its tokenized-asset pitch. The surge coincided with 193,187 daily active addresses. Cash Cat (CASHCAT), a token tied to Robinhood’s original name, led the frenzy. Robinhood Chain Turns Into a Meme Coin Hub Robinhood launched the Robinhood Chain public mainnet on July 1. The Layer 2 network runs on Arbitrum technology and targets real-world assets (RWA). Nonetheless, retail meme trading set the tone instead since the launch. According to data from Dune, 16,639 tokens were created over the past 24 hours, and many have already exceeded a $1 million market cap. Follow us on X to get the latest news as it happens Robinhood Chain DEX Volume. Source: Dune One token that stands out among the new launches
The post XRP ETFs Log One of Biggest Outflows of 2026 appeared on BitcoinEthereumNews.com. Reen volatility A drop in the bucket XRP spot exchange-traded funds have recorded a substantial $7.29 million net outflow. This is the most significant single-day loss that these funds have recorded since March. The Bitwise factor XRP ETFs Log One of Biggest Outflows of 2026 Can Cashcat (CASHCAT) Become Next Shiba Inu (SHIB)? Ethereum’s (ETH) Strongest Recovery Yet, Bitcoin (BTC) Reversal Is Close: Crypto Market Review Notably, a single fund for the unfortunate outflows. The Bitwise XRP ETF fully absorbed the $7.29 million net redemption. However, despite bleeding capital during the mid-week trading session, the broader outlook for the Bitwise product remains rather positive. The fund’s cumulative historical net inflow still sits at an impressive $494 million. However, it has lost only a fraction of the total capital it has attracted since its inception. Reen volatility The July 8 outflow
The post Morpho’s Robinhood Moment: DeFi Lending Hits Retail appeared on BitcoinEthereumNews.com. Open the Robinhood app and tap Earn. You see an estimated ~7% on USDG, a dollar-pegged stablecoin, plus a line about insurance. It feels like a savings product, but it is very much onchain credit, routed through Morpho’s vault infrastructure. That is the shift. DeFi plumbing, retail skin. If Robinhood can make lending look familiar without hiding the rails, the ceiling on participation moves. And Morpho, a protocol that started life optimizing rates for lenders and borrowers, just landed in the retail home screen. On July 1, Robinhood said it is rolling out Robinhood Earn to eligible U.S. users. Customers can lend the USDG stablecoin onchain via a self-custody wallet at an estimated ~7% APY, with the underlying lending infrastructure powered by Morpho and insurance arranged through Lloyd’s of London and RELM Robinhood Newsroom (official). Morpho confirmed it will route deposits into Morpho
The post Can Cashcat (CASHCAT) Become Next Shiba Inu (SHIB)? Ethereum’s (ETH) Strongest Recovery Yet, Bitcoin (BTC) Reversal Is Close: Crypto Market Review appeared on BitcoinEthereumNews.com. Ethereum picks up momentum Will Bitcoin bounce? With the introduction of Robinhood Chain, a new Layer-2 network created with Arbitrum technology, Cashcat (CASHCAT) has rapidly emerged as one of the most talked-about memecoins in the cryptocurrency space. Some traders are wondering if CASHCAT could become for Robinhood Chain what Shiba Inu became for Ethereum, given the token’s quick ascent, increasing whale activity, and compelling story. The most recent catalyst was a wallet called ‘Ansem-2,’ which spent about $233,000 in a matter of hours to obtain 2.79 million CASHCAT tokens. The wallet is connected to a Solana address that is said to contain millions of dollars’ worth of ANSEM tokens and has made significant profits from prior trades involving memes. It remains to be seen if this purchase wi
The post Robinhood Chain DEX Volume Hits $563.9 Million, Up 10x in a Day appeared on BitcoinEthereumNews.com. Robinhood Chain was pitched as the network for RWAs and the place to trade tokenized stocks. On July 8, it did something else entirely. According to data from Dune, the chain drew in $563.9 million in volume on Uniswap, making it the biggest volume day by far since its mainnet launch on July 1. Source: Dune That is roughly 10 times the $58.9 million it processed the day before. Uniswap founder Hayden Adams confirmed in a tweet that the volume seen yesterday beat every network except Ethereum mainnet. Robinhood chain is going absolutely crazy $500m in 24hr volume on Uniswap – that’s 10x what it did yesterday And more than any chain other than Ethereum mainnet! pic.twitter.com/wcV70BYqFa — Hayden Adams 🦄 (@haydenzadams) July 9, 2026 CASHCAT Ran 10x and Dragged the Chain With It The memecoin called CASHCAT has been the main reason behind the volume spike. The token’s lore is ar
The post Charles Schwab Sets Out to Build Its Digital Assets Team Ahead of Crypto Trading Rollout appeared on BitcoinEthereumNews.com. Key Highlights Charles Schwab is expanding its Digital Assets division with new blockchain engineering, security and crypto product roles. The hiring drive comes as the brokerage prepares for its planned rollout of spot crypto trading. Schwab managed $13.14 trillion in client assets and served 39.3 million active brokerage accounts as of May 2026, underscoring the significance of its latest crypto push. Charles Schwab is taking another step toward its crypto ambitions. The Wall Street brokerage giant is now actively hiring blockchain engineers, security specialists and crypto product managers. This comes as the $19 trillion firm is now aggressively building out its Digital Assets division ahead of its planned cryptocurrency trading rollout. Jake Hahn, a member of Charles Schwab’s Digital Assets team, announced this week on LinkedIn that the company is r
The rise of blockchain in football finance could reshape club funding strategies, impacting transfer markets and fan engagement dynamics. The post Barcelona’s €100M Arsenal transfer target and what it signals about football’s token economy appeared first on Crypto Briefing.
