The post Robinhood Chain sees over $70M in ETH bridged during first week appeared on BitcoinEthereumNews.com.
Robinhood’s choice to use Ethereum further solidifies its position as the “ultimate settlement layer and liquidity foundation for tokenized assets,” said HashKey Group’s Tim Sun. The amount of Ether bridged to Robinhood’s new layer-2 blockchain exceeded $70 million in just the first week, according to Token Terminal. Robinhood Chain, an EVM-compatible Arbitrum-based layer-2 network that uses ETH as its native gas token, launched on July 1 with the company describing it as “AI-native and purpose-built for real-world assets.” “If adoption continues, the chain could become a meaningful new source of demand for ETH,” said Token Terminal on Thursday. Read more Source: https://cointelegraph.com/news/robinhood-chain-sees-over-70m-in-eth-bridged-during-first-week?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound
The post ETH Price Prediction: Dead-Zero MACD and a Coiled SMA Stack — The $1,809 Break or $1,712 Flush Is Coming Fast appeared on BitcoinEthereumNews.com.
Darius Baruo
Jul 10, 2026 07:16
ETH is pinned at $1,771 with MACD momentum printing an exact zero and three moving averages converging into a single pressure point — this coil resolves within 48 hours. The higher-probability near…
Market Context: Why ETH Is at a Knife’s Edge Right Now Ethereum at $1,771 looks quiet on the surface. A sub-1% daily gain, unremarkable volume, and a price that’s barely blinked. Don’t let that fool you. What’s actually happening underneath is a structural compression that tends to precede sharp, fast moves — the kind that clean out both sides of the book before finding direction. The macro picture for ETH remains unambiguously damaged on the higher timeframes. The 200-day SMA at $2,234 sits more than $460 above current price, which means anyone declaring a sustainable bull trend is getti
The post ARK Invest Pours $13.7M Into Circle (CRCL) Stock, Dumps Robinhood (HOOD) Shares appeared on BitcoinEthereumNews.com.
Key Highlights On July 9, ARK Invest acquired 217,896 shares of Circle Internet Group valued at approximately $13.7M The firm simultaneously offloaded 85,319 Robinhood Markets shares valued at roughly $9.8M Total Circle investments by ARK have exceeded $37M within approximately two months of 2026 Circle stock has plummeted 68% year-over-year while Robinhood has climbed more than 21% Analyst consensus places Circle’s price target at $131.76, suggesting potential 109% gains Cathie Wood’s investment firm ARK Invest acquired 217,896 shares in Circle Internet Group during trading on July 9, allocating approximately $13.7 million to the purchase. During the same session, the investment manager divested 85,319 Robinhood Markets shares, generating around $9.8 million in proceeds. Shares of Circle concluded the trading day at $63.01, representing a 1.65% decline. ARK’s d
The post Robinhood Chain Flips Hyperliquid in DEX Volume amid RWA, DeFi, CASHCAT Buzz appeared on BitcoinEthereumNews.com.
Robinhood Chain overtook Hyperliquid in 24-hour decentralized exchange (DEX) volume, processing more than $560 million over the past 24 hours. Robinhood Chain is a permissionless, AI-native Layer 2 blockchain built for financial services and real-world assets (RWA), but it’s in the buzz for meme coins, including Cash Cat. CASHCAT price has skyrocketed by almost 60%. Robinhood Chain Overtakes Hyperliquid in 24-hour DEX Volume According to DefiLlama data, Robinhood Chain recorded almost $433 million in 24-hour DEX volume. The newly launched Ethereum Layer-2 blockchain has now flipped popular Hyperliquid. Robinhood Chain has climbed to fifth place based on the DEX volume by Chain metric, with almost $900 million in 7-day DEX volume. Meanwhile, Hyperliquid saw $296 million in 24-hour DEX volume, with $656.28 in total DEX volume in the past 7 days. Robinhood Chain 24-ho
The post Robinhood’s Innovative Blockchain Sees Early Success with Substantial ETH Transfers appeared on BitcoinEthereumNews.com.
Robinhood’s ambitious launch of its own Layer 2 blockchain, named Robinhood Chain, has swiftly attracted significant attention and investment. Within its first week, the platform witnessed the transfer of more than $70 million worth of Ether, indicating robust initial interest and participation. Continue Reading:Robinhood’s Innovative Blockchain Sees Early Success with Substantial ETH Transfers Source: https://en.bitcoinhaber.net/robinhoods-innovative-blockchain-sees-early-success-with-substantial-eth-transfers
The post Wells Fargo Expands Digital Asset Exposure with Strategic Bitcoin, Ethereum, and Solana ETF Investments appeared on BitcoinEthereumNews.com.
Key Highlights The banking institution expanded its Strategy position by 125%, reaching approximately 726,000 shares with roughly $41.5 million in additional exposure BlackRock’s Bitcoin ETF saw a reduction of 75,102 shares, though the bank redistributed holdings across alternative Bitcoin investment vehicles Ethereum-based ETF positions grew by 65%, with BlackRock’s Ethereum ETF holdings exceeding 1.10 million shares Initial investments in Solana-focused funds appeared in the filing, alongside an 828% expansion in Bitmine positions Galaxy Digital holdings were slashed by 97%, while Coinbase positions decreased by 25% A comprehensive SEC filing from Wells Fargo reveals the financial institution’s extensive digital asset holdings, demonstrating significant portfolio adjustments across Bitcoin, Ethereum, and Solana investment products, alon
The post XRP, Shiba Inu, Solana (SOL) and Ethereum (ETH) Price Analysis for June 10: Market Fuel Comes In Handy appeared on BitcoinEthereumNews.com.
Once again, XRP has encountered a wall of resistance in its most recent attempt at recovery. The asset briefly moved toward the declining trendline that has capped every rally since June after rising from the $1.02-$1.04 support zone. As was to be expected, sellers intervened close to the trendline and moving average intersection, pushing XRP back toward $1.09. Technically, the picture is still conflicting. Positively, XRP is still printing higher lows than the June bottom, indicating that buyers are not giving up on the asset entirely. Bearish momentum is much weaker than it was a month ago, as the RSI has also recovered from oversold territory and is still above 40. XRP/USDT Chart by TradingView The issue is that XRP is still stuck below the 50-day EMA, which is around $1.12, and the 100-day EMA, which is around $1.17. Every rally is t
The post Bitcoin Price Rebounds Above $64K as ETF Inflows Return appeared on BitcoinEthereumNews.com.
TLDR: Bitcoin price recovered toward $64,000 after U.S. spot Bitcoin ETFs recorded $221 million in net inflows, ending a 10-day period of outflows. Bitcoin and Ethereum gained as market pressure eased, but traders continue monitoring resistance levels and broader macroeconomic conditions. Bitcoin price analysis shows $63,600 as a key support area, while a move above $65,000 could improve short-term market momentum. Stablecoin supply contraction and upcoming U.S. CPI data remain important factors that could influence crypto market direction. Bitcoin price moved back toward $64,000 after U.S. spot Bitcoin ETFs recorded fresh inflows, reducing pressure from a prolonged selling period. The recovery followed a 10-day stretch of ETF outflows that weighed on institutional demand. U.S. spot Bitcoin ETFs registered $221 million in combined net inflows on July 9, marking a shift from recent with
The post Robinhood Chain surpasses $70M in bridged Ether after launch appeared on BitcoinEthereumNews.com.
Robinhood Chain has attracted more than $70 million worth of bridged Ether within its first week, strengthening Ethereum’s role as the settlement layer behind the brokerage’s new tokenized finance network. Summary Robinhood Chain has attracted more than $70 million in bridged Ether within its first week after launch. Daily Uniswap trading volume has reached $500 million while total value locked has climbed above $106 million, supported by institutional liquidity. Token Terminal said continued adoption of Robinhood Chain could create a meaningful new source of demand for Ether. Data from Token Terminal showed the Arbitrum-based layer-2 network crossed the milestone after launching on July 1, with the analytics platform saying continued adoption could make the chain “a meaningful new source of demand for ETH.” ETH bridged from @ethereum (L1) to Robinhood Chain (L2) is up by ~70x in