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Tom Lee Urges Investors Not To Ignore Ethereum While Metals Surge, as BitMine Stakes Another $440.5M ETH
Yahoo Finance· 2026-01-29 09:28
Key Takeaways Tom Lee has urged investors not to let the rally in gold and silver divert attention from Ethereum. BitMine continues to build its Ethereum position. Lee maintains a bullish long-term outlook for Ethereum and Bitcoin. BitMine chairman Tom Lee urged investors not to overlook Ethereum (ETH) despite a powerful rally in precious metals, reiterating his long-held view that Ethereum is the “future of finance.” His comments follow recent remarks in which Lee said the surge in gold and silv ...
Got $500? 2 Cryptocurrencies to Buy and Hold for Decades.
Yahoo Finance· 2026-01-29 09:20
When it comes to investing, sometimes it's better to buy the rumor and sell on the news. Optimism about President Donald Trump's election victory sent cryptocurrency prices soaring in late 2024, but the industry has given back much of its gains during his administration -- despite a slew of policy changes and legislative action designed to boost crypto's adoption. That said, the medium- to long-term outlook still looks good. Aside from the political changes, the asset class could also benefit from growing ...
Bitcoin Hasn't Had a Bad Day Yet in 2026. Is the Leading Crypto Set to Bounce Back in 2026?
Yahoo Finance· 2026-01-29 02:25
2025 was a disappointing year for Bitcoin (CRYPTO: BTC) bulls. The world's top cryptocurrency saw wild swings, but it ultimately fell more than 5% for the whole year. That drop can be attributed to Treasury yields, which remained high even as the Fed cut its benchmark rate, to messy macro headwinds, and to a rotation toward more conservative investments. Bitcoin is off to a better start in 2026. It's only risen about 1% year-to-date as of this writing, but a few catalysts might stabilize its price and dr ...
Powell Pushes Back on DOJ Subpoenas, Cites Fed Independence
Yahoo Finance· 2026-01-28 18:45
Federal Reserve Chair Jerome Powell spoke out against recent subpoenas from the Department of Justice, calling them a political move that could threaten the Fed’s independence. Bitcoin barely reacted and stayed within its recent range, as most traders were already looking ahead to the next interest rate decision. The concern sits in the background of all markets. When politics starts to influence interest rates, the effects spread quickly to stocks, housing, and crypto. What Happened and Why Powell Push ...
WisdomTree Launches Tokenized Funds on Solana with USDC, PYUSD Support
Yahoo Finance· 2026-01-28 17:56
Core Insights - WisdomTree has launched a full suite of tokenized fund products on the Solana blockchain, allowing users to access various fund types directly through its platform [1][2] Group 1: Product Launch and Features - The new tokenized funds include money market, equities, fixed income, alternatives, and asset allocation funds, accessible via WisdomTree's stablecoin USDC and PYUSD conversion service [1] - Existing WisdomTree tokenized funds can now be minted directly on Solana, enhancing ecosystem support through a B2B/B2B2C tokenization platform [2] - Retail investors and Wisdom Prime users can transfer USDC directly from Solana into the WisdomTree Prime app, facilitating seamless investing with minimal network fees and full self-custody support [3] Group 2: Market Context and Stock Performance - The launch coincides with a stabilization period in the cryptocurrency market, with Bitcoin trading just below $90K and Solana experiencing a slight decline [4] - WisdomTree's stock reached a 10-year high of $16.89 following the announcement, before slightly decreasing to $16.82, marking an increase of nearly 4% for the week and over 35% in the past 30 days [4] - The stock has rebounded significantly from a recent low of around $11.00 after the firm canceled plans to launch an XRP ETF and withdrew its registration statement with the SEC [5]
The Next 100x Crypto Gem Everyone's Sleeping On
Yahoo Finance· 2026-01-28 16:36
Group 1: Cryptocurrency Market Trends - Over the past decade, investors have increasingly embraced cryptocurrency alongside traditional stock positions, driven by significant gains in Bitcoin and Ethereum, which surged nearly 23,000% and 128,000% respectively [1] - Investors are actively seeking the next potential breakout cryptocurrency [1] Group 2: Chainlink Overview - Chainlink is identified as an oracle coin, providing essential infrastructure for smart contracts to receive accurate data across different blockchain networks [3] - The role of Chainlink within the decentralized finance (DeFi) ecosystem is crucial and should not be underestimated [3] Group 3: Importance of Chainlink - Chainlink is positioned to benefit from the trend towards real-world tokenization and increased investment in AI infrastructure, as financial institutions require enhanced data feeds and secure identity authentication [6] - It serves as a trust layer that connects data infrastructure with on-chain settlement, tailored for AI-driven financial protocols [7] Group 4: Investment Potential of Chainlink - Should Chainlink establish itself as the industry standard for on-chain data and blockchain interoperability, its total addressable market (TAM) could significantly expand beyond the current crypto landscape [8] - This potential for growth positions Chainlink as a candidate for substantial long-term returns [8]
Is HOOD Stock's 105.6% One-Year Pop Just the Beginning or the Peak?
ZACKS· 2026-01-28 14:45
Core Insights - Robinhood Markets (HOOD) has experienced significant growth over the past year, driven by its inclusion in the S&P 500, new product launches, a strong crypto market, and market volatility, resulting in positive investor sentiment [1][10] Performance Metrics - Over the past year, HOOD shares increased by 105.6%, outperforming the industry average of 28.1%. In comparison, peers Charles Schwab (SCHW) and Interactive Brokers (IBKR) saw gains of 26.4% and 42.9%, respectively [2][10] Growth Drivers - Product Launches & Global Expansion: Robinhood is enhancing growth through innovative product offerings and global market expansion, aiming to establish itself as a next-generation fintech ecosystem [6][9] - Major upcoming launches include Robinhood Cortex, an AI assistant for custom indicators and market analysis, and the Legend platform for advanced trading features [7] - The company is also expanding into banking services and a Gold credit card, positioning itself as a digital banking alternative [8] - Robinhood is pioneering tokenized U.S. stocks and ETFs across 31 EU and EEA countries, with plans for further global expansion [9] Business Diversification - Robinhood has shifted from a brokerage focused on digital assets to a diversified financial services platform, reducing reliance on transaction-based revenues from 75% in 2021 to nearly 55% in the first nine months of 2025 [11] - The company is acquiring a 90% stake in MIAX Derivatives Exchange to launch a dedicated futures and derivatives exchange by 2026 [12] - Recent acquisitions, including TradePMR, enhance its credibility in wealth management and competitive positioning against incumbents like Schwab [13] Focus on Cryptocurrency - Robinhood's cryptocurrency revenues surged by 154% year-to-date, reaching $680 million, driven by increased trading volume and strategic acquisitions [18] - The acquisition of Bitstamp and the impending WonderFi deal are expected to strengthen Robinhood's crypto product offerings [17] - The company is pursuing regulatory licenses to expand its crypto services across the European Economic Area [16] Financial Outlook - As of September 30, 2025, Robinhood reported cash and cash equivalents of $4.3 billion and announced a share buyback plan of up to $1 billion [23] - Analyst estimates for 2025 and 2026 earnings have been revised upward, indicating bullish sentiment, with expected year-over-year growth of 85.3% and 22.8%, respectively [24][26] Valuation Considerations - Despite strong growth and a solid balance sheet, HOOD shares trade at a significant premium, with a price/tangible book (P/TB) ratio of 12.06X compared to the industry average of 3.11X [30][33] - The stock's steep valuation relative to peers like Schwab and Interactive Brokers may limit near-term upside potential [32][33]
Stock Trend Capital Announces Ticker Symbol Change on the CSE to "STCQ"
TMX Newsfile· 2026-01-28 14:00
Group 1 - Stock Trend Capital Inc. will change its stock ticker symbol on the Canadian Stock Exchange from "PUMP" to "STCQ" effective February 2, 2026, reflecting the company's name and long-term vision more clearly [1] - The company continues to trade on the OTC under the symbol STOCF and on the Frankfurt Stock Exchange under the symbol P0G, with no action required from shareholders regarding the symbol change [2] - Stock Trend Capital is focused on investment in sectors such as AI, crypto, mining, quantum technology, and the Canadian cannabis industries, targeting entities with strong intellectual property and high growth potential [3]
Coinbase CEO Says It is ‘Best Times To Get Ahead’ In Crypto as Critics Slam Exchanges’ Shift to Precious Metals
Yahoo Finance· 2026-01-28 12:42
Core Insights - The current downturn in crypto markets is viewed as an opportunity for building and investing, despite precious metals outperforming digital assets [1] - Coinbase has expanded its trading offerings to include precious and industrial metals, allowing traders to access futures contracts for silver, gold, copper, and platinum [5][6] - Critics argue that the shift towards metals by crypto leaders indicates a lack of long-term conviction in digital assets [7][8] Group 1 - Coinbase CEO Brian Armstrong emphasized that the subdued market sentiment creates favorable conditions for those who believe in the long-term potential of crypto [2] - In 2022, over $36 billion in crypto venture capital was raised, but sentiment has since deteriorated, leading to a challenging environment for sectors like decentralized finance and non-fungible tokens [3] - Armstrong remains optimistic, suggesting that those who are skeptical will eventually adopt crypto without realizing it [4] Group 2 - The expansion into precious metals trading has been met with criticism, as some commentators believe it reflects a pivot away from digital assets amid waning enthusiasm [7] - Regulatory uncertainty continues to be a concern for Coinbase, especially following its withdrawal of support for a Senate crypto bill [8]
Why Is Crypto Up Today? – January 28, 2026
Yahoo Finance· 2026-01-28 12:32
Market Overview - The cryptocurrency market capitalization increased by 2.2% over the past 24 hours, reaching $3.12 trillion, with 90 of the top 100 coins experiencing price increases [1][2] - The total crypto trading volume is reported at $128 billion [1] Price Movements - Bitcoin (BTC) rose by 1.7%, currently trading at $89,419, while Ethereum (ETH) increased by 3.8% to $3,020 [2][3] - Among the top 10 coins, 9 have seen price appreciation, with Binance Coin (BNB) showing a 3.4% increase to $905 [3][4] - Tron (TRX) is the only coin in the top 10 that experienced a decline, down 0.7% to $0.2921 [4] Notable Performers - Hyperliquid (HYPE) is the highest gainer of the day, with a significant rise of 25.3% to $34.62 [4] - Canton (CC) follows with a 9.4% increase to $0.1655 [4] - On the downside, River (RIVER) fell by 9.3% to $54.55, and Provenance Blockchain (HASH) decreased by 7.6% to $0.02531 [4] Market Sentiment and Future Outlook - The crypto market sentiment has improved but remains in the fear zone [2] - Bitwise Chief Investment Officer Matt Hougan emphasized that the crypto market has a critical three-year window to demonstrate real-world utility, or it may face challenges due to legislative uncertainties in the US [6]