Crypto Industry News & Market Trends

Robinhood Chain Revenue Falls 83% From Its Peak While Trading Volume Sets Records

The chain kept $943,728 on Sept. 10 against $5.44 million on Sept. 4, its lowest daily take since Aug. 29. Transactions were flat and decentralized exchange volume over the week rose 27%. The average transaction cost $0.077 in gas, against $0.43 at the peak.　　Robinhood Chain earned $943,728 in gas revenue on Sept. 10, down 82.6% from the $5.44 million it took on Sept. 4, DefiLlama data shows. Trading activity on the network did not fall with it.　　Gas revenue tracks demand for blockspace. Robinhood Chain is clearing roughly the same number of transactions it cleared at the peak, at a fraction of the price, after the early-September congestion that pushed its base fee more than 20 times above its floor eased.　　Sept. 4 is the networks record day for both fees and revenue, at $6.04 million and $5.44 million. By Sept. 10 the fee line was $1.05 million and the revenue line $943,728, the lowest daily figure since Aug. 29.　　But activity doesn‘t track revenue decline. Decentralized exchange volume was $1.87 billion on Sept. 10 against $1.89 billion on Sept. 4. DEX volume over the seven days through Sept. 10 came to $12.34 billion, up 26.5% from $9.76 billion the previous week, and

09-12Industry

Joby Aviation, Inc. (JOBY) Stock: Surge as 2.42 Million Share Resale Filing Sparks Focus

TLDRJOBY rises 1.98% as a 2.42 million-share resale filing draws fresh market focus.Joby will receive no proceeds from Strata Criticals potential share resale.The registered shares equal about 0.24% of Jobys total outstanding common stock.Jobys autonomous J208 begins a month-long, 10-state coast-to-coast aircraft tour.Resale filing and J208 activity keep Jobys broader expansion strategy in focus.　　Joby Aviation (JOBY) stock rose to $6.43, gaining 1.98% after recovering from an intraday low near $6.25 during Friday trading. The move followed a filing covering up to 2.42 million shares for possible resale by Strata Critical. The filing adds focus to Jobys acquisition activity and broader expansion across advanced air mobility and aviation services.　　Joby Aviation, Inc., JOBY　　Discover more　　Choose POS Systems　　stock　　Track Stocks Bonds　　Joby Aviation Files Resale Prospectus for 2.42 Million Shares　　Joby Aviation filed a prospectus supplement covering 2,419,801 common shares currently held by Strata Critical Inc. The company issued those shares after acquired Blade Air Mobility operations met specific EBITDA milestones under the transaction agreement. Joby will not receive proceeds from any future resale completed by the selling stockholder under the registered offering.　　The shares represent about 0.24% of Jobys roughly 996.3 million shares currently outstanding in the public market. Strata Critical may sell them through public transactions,

09-12Industry

Gold price dodges CPI shock as US yields hand bulls lifeline

Gold (XAU/USD) price bounces off daily lows beneath $4,300 on Friday and reclaims the 100-day Simple Moving Average (SMA) of $4,335 following the release of US inflation data, which fueled speculation that a Federal Reserve (Fed) rate hike next week is almost certain. At the time of writing, XAU/USD trades at $4,3737, up over 1.29%.　　XAU/USD rebounds after CPI as Dollar reaction fades and yields slip　　Augusts US Consumer Price Index (CPI) increased by 0.4% MoM, with an annual rise of 3.4%, both matching expectations. Core CPI went up 0.3%, slightly above the forecast of 0.2%; over the past year, it remained at 2.4%, down from July and in line with estimates.　　The data strengthened the Greenback. But the initial reaction waned even though money markets have priced in a 91% chance of a rate hike by the Federal Reserve at next weeks meeting, according to Prime Terminal.　　Source: Prime Terminal　　Hence, the US Dollar Index (DXY), which tracks the performance of a basket of six currencies against the Greenback, clings to 99.00, down a minimal 0.05%.　　The University of Michigan Consumer Sentiment for September deteriorated as US households are becoming pessimistic. The index fell from 51.7 to 47.8, missing forecasts of 51. Joanne Hsu, the

09-12Industry

Bitcoin Price Spikes Near $80K as CPI Matches Forecasts

Bitcoin briefly spiked to $79,837 following the release of August CPI data that matched projections, but volatile intraday trading triggered over $732 million in crypto liquidations.　　Key TakeawaysBitcoin spiked to $79,837 on Friday after BLS reported August CPI data matching economists projections.Severe price swings triggered over $732M in total crypto liquidations, with shorts taking $424M in losses.Prediction market odds for a Fed rate hike rose to 82%, while Ray Dalio warned of stagflation risks.　　Volatile Trading Triggers $732M in Liquidations　　Bitcoin briefly reclaimed $79,000 Friday after the U.S. Bureau of Labor Statistics released August Consumer Price Index (CPI) data that aligned with economists projections. Bitstamp data showed the cryptocurrency surged to $79,837 as the sudden spike put Bitcoin on course to breach $80,000.　　Before the surge, the top cryptocurrency was reeling from bearish sentiment sparked by the release of hotter-than-expected Producer Price Index data less than 24 hours earlier. As reported by Bitcoin.com News, the bitcoin price slid to a one-week low of $76,651 from just over $78,000 soon after the data release, before rising to settle above $77,000.　　The price continued to fluctuate around that threshold until 8:30 a.m. EST, when a flash crash sent the cryptocurrency tumbling to $76,040. An equally rapid surge

09-12Industry

Oracle (ORCL) Stock Soars on AI Demand as Inflation Fears and Treasury Yields Shake Markets

Key HighlightsAugust inflation climbed 0.4% monthly and 3.4% annually, driving Fed rate increase probability to 85%Brent crude oil touched nearly $110 per barrel before retreating over 3%Oracle delivered 30% revenue expansion with $664 billion in AI cloud commitmentsAdobe exceeded earnings expectations but declined on weak forward guidance amid AI rivalry concerns10-year Treasury yield approached 5%, potentially redirecting capital from equities　　Persistent Inflation Drives Fed Tightening Expectations to 85%　　August inflation figures revealed continued pricing pressures across the U.S. economy. The Consumer Price Index advanced 0.4% from July and registered a 3.4% annual increase.　　Core CPI, excluding volatile food and energy components, posted a 0.3% monthly gain. This reading exceeded economist forecasts.　　Market participants responded by adjusting rate expectations. Futures contracts now indicate an 85% likelihood that the Federal Reserve will implement a rate increase at its September policy meeting.　　Elevated interest rates increase corporate financing costs and apply downward pressure on valuations for growth-oriented equities.　　Crude Oil Spikes to $110 Before Sharp Reversal　　Brent crude climbed to approximately $110 per barrel during trading hours, marking its peak since May.　　Prices subsequently declined over 3% following reports suggesting potential diplomatic discussions regarding regional shipping lanes.　　Discover more　　News　　financial　　stock　　Despite the intraday retreat, Brent remains positioned for an 8%-plus weekly advance.　　Supply constraints persist

09-12Industry

US Dollar Weekly Forecast: Can sticky inflation rescue the Dollar？

The week that was　　There was no respite to the downward trend for the US Dollar (USD) this week, which added to the prior weeks retracement and at some point flirted with the area of four-month lows.　　Indeed, after trading at levels just shy of its psychological 100.00 barrier early in the month, the US Dollar Index (DXY) has come all the way down to challenge the 98.50 zone, extending its negative streak for the third month in a row.　　There was no BoJ-MoF FX intervention chatter; nothing big has moved on the geopolitical front other than the continuous (and boring) up-and-downs over who fired first and radio silence from Federal Reserve (Fed) officials due to the usual pre-Fed blackout period. The only asset that keeps reacting to the Middle East crisis is, exclusively, crude Oil.　　Not even the US money market, with a needle-like move in the short end of the curve, was able to provide some fresh oxygen to the Greenback.　　And then came the long-awaited US inflation figures, showing that consumer prices kept running hot last month and, of course, well above the Fed‘s target. Seeing the weight that inflation carries on Chair Kevin Warsh’s Fed, investors may seem a tad more

09-12Industry

HOOD Stock Gets $165 Target as Analyst Predicts Robinhood Chain Revenue to Hit $365M

The Robinhood (HOOD) stock price has traded near the flatline today, despite the recent bullish outlooks from market experts. Its worth noting that investors are also evaluating the consolidated trading of HOOD stock today, despite a surge in crypto prices.　　Amid this, a renowned analyst has raised its price target for Robinhood stock to $165. The analyst also lauded the robust growth in Robinhood Chain, saying that the platform may generate $365 million in revenue, which has further fueled discussions among traders.　　Analyst Raises Robinhood (HOOD) Stock Price Target　　Robinhood stock price was down around 0.2% today and traded at $113.08, after closing the prior session at $113.33. However, despite the recent consolidation, the HOOD stock price has added nearly 20% over the past 30 days.　　Discover more　　Finance　　News　　Track Stocks Bonds　　Source: Yahoo Finance　　Amid this, the investment banking firm Citizens JMP has raised its price target for HOOD stock to $165 from $155 while maintaining a “Market Outperform” rating. The updated outlook reflects growing expectations for Robinhoods blockchain ambitions, particularly its emerging Robinhood Chain initiative.　　According to the analyst, Robinhood Chain could contribute approximately $1 million in net revenue per day once its activity is reflected in the companys 2027 estimates. That would translate to roughly $365

09-12Industry

Government Defeated As Lords Back UK Digital Assets Strategy

The UK government suffered a defeat in the House of Lords on Wednesday as peers backed an amendment requiring the Treasury to draw up a national strategy for regulating digital assets.　　The upper chamber approved the measure by 194 votes to 138, with Conservative and Liberal Democrat peers combining against a near-solid bloc of Labour votes. Baroness Neville-Rolfe, a Conservative former Treasury minister, moved the amendment to the Financial Services and Markets Bill.　　The new clause, titled “Digital assets strategy,” would require the Treasury to prepare, publish and consult on a strategy for regulating and developing digital assets and related digital financial market infrastructure in the UK.　　The regulation of digital assets includes “cryptoassets, qualifying stablecoins, Central Bank Digital Currencies, tokenised securities and other digital and tokenised financial assets,” according to the draft.　　The UK is in the process of drafting a sweeping new crypto bill. The countrys Financial Conduct Authority finalised its regulatory framework for cryptoassets in June, with the regime due to take effect on 25 October 2027. The authorisation gateway for firms opened on 30 September and runs to 28 February 2027.　　Britain is trailing behind Brussels and Washington with digital asset regulation. The EUs Markets in Crypto-Assets regulation has applied to

09-12Industry

Wall Street Rallies Following August Inflation Report: Understanding the Surge

Key TakeawaysThe August Consumer Price Index climbed 0.4% month-over-month and 3.4% year-over-year, matching analyst predictionsFederal Reserve rate increase probability jumped to 87% for the upcoming meetingMajor indices—Dow Jones, S&P 500, and Nasdaq—each advanced approximately 1%, ending a four-session declineMarket experts attribute the surge to decreased uncertainty surrounding monetary policyOracle stock climbed over 2% following robust cloud revenue performance　　U.S. stocks surged Friday following the release of Augusts inflation metrics, which elevated the likelihood of a Federal Reserve interest rate increase next week to nearly guaranteed levels.　　The Dow Jones Industrial Average jumped approximately 506 points, representing a 1% gain. Meanwhile, the S&P 500 advanced 1%, and the Nasdaq Composite increased 1.2%. The three major benchmarks all snapped a four-session decline.　　E-Mini S&P 500 Sep 26 (ES=F)　　The market response followed Consumer Price Index figures revealing prices climbed 0.4% for the month and 3.4% year-over-year. These readings aligned with Wall Street expectations, though they registered slightly warmer than Julys measurements.　　Discover more　　News　　Merchant Services & Payment Systems　　financial　　The Paradox: Rising Markets on Elevated Inflation　　The stock markets positive reaction to hotter-than-desired inflation figures may appear counterintuitive. The explanation centers on market clarity.　　According to David Wagner, head of equities at Aptus Capital Advisors, the data eliminated significant ambiguity for market

09-12Industry

Crypto Trader Gains $10 Million with Aggressive HODL Strategy

A crypto trader known as Point Farm Capital has turned a bet on the Solana-based meme coin STONK into more than $10 million in profit by sticking to an aggressive hold strategy.　　According to on-chain analytics from Lookonchain, the trader now holds 35.7 million STONK tokens, valued at roughly $10.55 million, making them the tokens largest single holder.　　How the Position Reached $10 Million　　The unrealized profit stands near $9.81 million on an initial investment of about $542,000, a return exceeding 1,800%.　　The average entry market cap was around $12 million, while STONK has since climbed to roughly $255 million, delivering outsized gains for early accumulators who refused to sell.　　On-chain data shows a pattern of consistent buying during the tokens early stages, followed by disciplined holding as price action turned bullish.　　Follow us on X to get the latest news as it happens.　　Trader @pointfarmcap has made over $10M in profit on solana:6GmAFSYs4gk3FDao5FzzySQpPZaWsa4rUJHacpMpUNgx!　　He now holds 35.7M solana:6GmAFSYs4gk3FDao5FzzySQpPZaWsa4rUJHacpMpUNgx($10.55M), making him the largest solana:6GmAFSYs4gk3FDao5FzzySQpPZaWsa4rUJHacpMpUNgx holder.… pic.twitter.com/pF1WNVDPqz　　— Lookonchain (@lookonchain) September 11, 2026　　That approach contrasts with the high-frequency flipping common in meme coin markets, where traders typically take quick profits rather than let positions compound.　　Earlier data tracking the same account on the FOMO leaderboard showed that the position had swung

09-12Industry

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