The post Is Robinhood making the same ‘memecoin’ bet that made Solana a winner? appeared on BitcoinEthereumNews.com.
Robinhood CEO Vlad Tenev has sparked mixed community reactions after he pushed the newly launched Ethereum L2, Robinhood Chain, as a great option for memecoin activity. Initially positioned as focused on real-world assets (RWA) tokenization, his openness to trying memecoins was met with strong criticism and little support. While we’re building Robinhood Chain to be the best chain for RWA … it works great for memes too. Some venture capitalists in the sector slammed the move, questioning the viability of another Ethereum L2. Simon Dedic of Moonrock Capital retorted, Just another L2 that offers no real value over the existing ones is exactly what we were missing. But hey, you can trade memes on it too. Someone tell Vlad it’s not 2024 anymore. Some even drew comparisons to Coinbase CEO Brian Armstrong, whose centralized platform has been slow to list memecoins. However, f
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 Bitcoin ETFs Extend Inflows As Ethereum ETFs Outpace BTC appeared on BitcoinEthereumNews.com.
Key Insights Bitcoin ETFs logged a third straight inflow day. Ethereum ETFs drew stronger demand than BTC funds. BlackRock buying offset selling from rival issuers. Bitcoin ETFs recorded fresh U.S. inflows on July 7, as institutional demand returned across spot crypto funds. SoSoValue data showed capital entered Bitcoin and Ethereum products, even as BTC traded weaker near $62,099. The move mattered because Bitcoin ETFs had recently faced pressure from risk reduction. Ethereum ETFs gained stronger daily demand, which showed investors did not treat all crypto exposure equally. Bitcoin ETFs Extend Streak As BlackRock Buys SoSoValue data showed spot Bitcoin ETFs posted $21.435 million in net inflows. The reading marked three consecutive sessions of positive flows after a difficult stretch for issuers. Source: SoSoValue Crypto Patel’s flow table showed U.S. funds bought about 337 BTC duri
The post Crypto User Loses $999,999 in USDT to One Phishing Signature: How to Stay Safe appeared on BitcoinEthereumNews.com.
An unidentified crypto user lost $999,999 in USDT to an Ethereum phishing attack after signing a fraudulent token approval request. On-chain records show the attackers split the stolen funds into three transactions. The transfers landed inside Ethereum blocks 25489460 and 25489463 within minutes of the signature. Token approval phishing remains one of the most persistent threats in decentralized finance. Attackers do not need a victim’s private keys to steal funds. Instead, they trick users into signing a request that grants a contract broad access to a token. The approval then stays active until someone revokes it. Inside the Ethereum Phishing Attack This pattern has hit crypto users repeatedly through 2026. The victim’s wallet held an unlimited allowance for the token, which gave the attacker room to act without any further confirmation. In May, a fake Uniswap
The post MemeCore (M) Plunges Hard Again, Bitcoin (BTC) Eyes $63K: Market Watch appeared on BitcoinEthereumNews.com.
In contrast, ARB and SKY are today’s top performers, gaining around 9% each. Bitcoin’s relatively minor volatility sessions continued in the past 24 hours as the asset dipped below $62,000 again before it rebounded by over a grand, only to be halted again. Most larger-cap alts have remained sluggish on a daily scale, with ETH fighting for $1,750, while XRP is battling the $1.10 level. BTC Challenges $63K Following the painful start of the month when BTC slipped below $58,000 for the first time in almost two years, the cryptocurrency tried to stage a notable recovery that drove it to over $60,000 instantly and to $63,000 during the weekend. The bulls kept pressing the gas pedal, and bitcoin jumped to $64,000 at the start of the business week. However, Strategy’s bigger sale led to an immediate leg down to $61,200, where BTC found some support and rebounded sharply. In t
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
