Key insights
- Robinhood's 47% drop in crypto revenue raises concerns for Coinbase's upcoming earnings report. Mizuho analyst Dan Dolev is closely watching Coinbase's performance in light of Robinhood's struggles. The launch of OranjeBTC's American Depositary Receipt provides US investors direct access to Latin America's Bitcoin treasury, while Visa and WeFi's merger aims to integrate traditional banking with blockchain rails. Overall, the news suggests increased competition and volatility in the crypto space, potentially impacting Coinbase's revenue.
On this episode of Public Keys at the New York Stock Exchange, hosted by Jennifer Sanasie, Tether has proposed merging 21 Capital, Strike, and Elektron Energy into a single publicly listed Bitcoin company spanning accumulation, payments, and mining. Earnings season is here: Robinhood just posted a 47% drop in crypto revenue alongside a 320% surge in events contracts. Dan Dolev, Senior Analyst covering FinTech and Payments at Mizuho, breaks down what those numbers mean and what he's watching when Coinbase reports this week. Latin America's largest Bitcoin treasury company, OranjeBTC, just launched an American Depositary Receipt giving US investors direct access. Chairman Josh Levine explains why Brazil is one of the world's most natural Bitcoin markets. Plus, Visa and WeFi are merging traditional banking and blockchain rails. WeFi co-founder Reeve Collins, who also co-founded Tether, explains what that means for the future of global payments.