Closed
The Marked Chart Wire · Crypto
Polymarket
The platform added new contracts for Bitcoin, Ethereum, Solana, and XRP that resolve every five minutes. This feature offers a faster timeframe than the 15-minute options currently provided by Kalshi and Coinbase.
New to this? Read: Trading vs investing: pick your clock
Polymarket
Polymarket has launched five-minute up or down betting markets for Bitcoin, Ethereum, Solana, and XRP on its US application.
Tokenized Stocks
Intel, IBM, Oracle, and IonQ have joined a growing list of companies opting out of the OKX and ICE tokenized stock initiative. More than 40 percent of the originally proposed firms have requested to withdraw from the program.
Robinhood
Robinhood reported $1.42 billion in revenue but posted $0.51 per share, below the $0.55 estimate. Prediction market bets reached $173 million while crypto revenue increased slightly.
Robinhood
Robinhood's crypto revenue fell 55 percent year over year, yet the figure exceeded Wall Street expectations. Trading volume declined 38 percent, although the company's broader blockchain operations saw increased activity.
Ripple
Robinhood has activated Ripple's RLUSD on its blockchain and Bitstamp, with plans to add it to the main app later this year. The partnership also expands into treasury software and institutional trading loans.
RLUSD
Ripple and Robinhood are broadening their collaboration to distribute the RLUSD stablecoin to retail and institutional clients. The company also deepened its custody agreement with BNY and partnered with C2FO for trade finance settlement.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.