The post Ethereum news: Robinhood chain hits $568M in trading frenzy, benefitting Arbitrum appeared on BitcoinEthereumNews.com.
Digital broker Robinhood’s new chain is off to a flying start, and the benefits are trickling to Ethereum-based network Arbitrum. The native token of Arbitrum (ARB) jumped 19% over the past 24 hours, making it the best-performing asset in the top 100 cryptocurrency, according to CoinDesk data. Bitcoin BTC$63,272.24 edged 1.5% higher to trade above $63,000, while ether (ETH) was up 0.5% in an otherwise muted day. The gains came as Robinhood Chain, built on top of Arbitrum’s technology stack and rolled out to the broader public a week ago, processed over $568 million in daily trading volume on Wednesday and logged over $350 million so far on Thursday, according to blockchain data from Entropy Advisors. Much of that activity was driven by a burst of memecoin trading, while stablecoin balances on the network also climbed quickly above $260 million within its first
The post Robinhood Bitstamp Roadmap Shows Crypto Deals Are Becoming Regulatory Integration Projects appeared on BitcoinEthereumNews.com.
Robinhood Bitstamp Roadmap Shows Crypto Deals Are Becoming Regulatory Integration Projects
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Bitcoin's rising price floor amid AI investment and regulatory delays suggests resilience, but prolonged uncertainty may hinder broader adoption.
The post Bitwise says Bitcoin’s floor is rising amid AI boom and regulatory delays appeared first on Crypto Briefing.
The post Bitdeer unveils $36M Nevada factory to shake up Bitcoin mining appeared on BitcoinEthereumNews.com.
Bitdeer Technologies has unveiled a $36 million manufacturing facility in Nevada, bringing production of its SEALMINER Bitcoin mining machines to the United States. Summary Bitdeer will invest $36 million in a Nevada factory to produce SEALMINER Bitcoin mining machines. The new Sparks facility is expected to begin commercial production by the end of 2026. Bitdeer shares jumped 14.1% as the company reported stronger U.S. manufacturing and 921 BTC mined in May. According to Bitdeer, the new plant in Sparks, Nevada, will manufacture key components for the company’s SEALMINER mining rigs, with commercial production scheduled to begin before the end of 2026. The company said the facility will strengthen its manufacturing capacity inside the United States while reducing its dependence on outside suppliers for critical mining equipment. Shares of Bitdeer responded positively to the ann
Bitdeer Technologies has unveiled a $36 million manufacturing facility in Nevada, bringing production of its SEALMINER Bitcoin mining machines to the United States. According to Bitdeer, the new plant in Sparks, Nevada, will manufacture key components for the company’s SEALMINER…
The post New Hampshire snuffs out trailblazing bitcoin bond effort appeared on BitcoinEthereumNews.com.
At the last moment, New Hampshire has turned its back on a groundbreaking effort to establish what was expected to be the first rated, bitcoin-backed bond issued under a state’s authority, with a governmental body there canceling the project. Just a few months after Moody’s Ratings gave the bond a Ba2 rating, the New Hampshire Executive Council, which reviews major state financial actions, slammed the door with a 3-2 decision that sided with those concerned about the state’s financial reputation. The financial instrument was to be issued by the Business Finance Authority of the State of New Hampshire, backing a private-sector bond of up to $100 million tied to Bitcoin mining and datacenter firm CleanSpark. The council’s vote was the final step. “It was an extremely short-sighted decision,” Keith Ammon, a longtime crypto advocate and the majority floor leader in the New Hampshire Hous
Every so often, Ethereum’s most important story looks almost unreadable to casual investors. Vitalik Buterin’s work on proof optimization is one of those stories. It is technical, dense, and far removed from the usual ET
The post Bitcoin Holds Strong: Crucial Support Level Maintained appeared on BitcoinEthereumNews.com.
Bitcoin continues to demonstrate resilience by maintaining its position above a significant support level, fueling optimism for a potential upward trajectory. While it remains below a major resistance benchmark, market dynamics and renewed purchasing interest bolster anticipation of a bullish trend. Continue Reading:Bitcoin Holds Strong: Crucial Support Level Maintained Source: https://en.bitcoinhaber.net/bitcoin-holds-strong-crucial-support-level-maintained
The post Ethereum faces $87M short bet – Can ETH bulls defend $1,580? appeared on BitcoinEthereumNews.com.
Ethereum [ETH] bulls might already be facing their biggest test of Q3. On the macro front, risk-off sentiment returned quickly after the U.S.-Iran ceasefire collapsed, triggering a sharp market-wide sell-off and highlighting how sensitive risk assets remain to geopolitical developments. A recent Ethereum trader position highlighted this volatility. According to Arkham Intelligence, an Ethereum trader opened an $86.99 million ETH short position, with liquidation set at $2,172. Notably, the position emerged after headlines surrounding the ceasefire collapse and the U.S. cutting off a trade deal with Spain, adding further pressure to market sentiment. Source: X This suggests the position was likely a calculated bet on further downside rather than a random short. Adding to the market uncertainty, Arkham Intelligence also flagged a wallet movement linked to Ethereum founder Vitalik Bu
