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Robinhood takes Crypto.com stake in prediction markets deal

Robinhood has signed a multi-year deal to route selected event contracts through OG.com while taking equity stakes priced against $20 billion and $5 billion valuations for Crypto.com and OG.com, respectively. Summary Robinhood will route selected retail event contracts through OG.com’s federally regulated derivatives platform. Robinhood will receive initial equity stakes in both Crypto.com and the…

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ETH Struggles Below $2.5K, Is a Deeper Pullback Coming?

Ethereum has entered a consolidation phase after a sharp recovery from the $1.5K area. The cryptocurrency is now trading slightly below $2.5K, holding relatively firm despite repeated tests of the upper end of its recent range. Meanwhile, exchange reserves continue to decline, pointing to a potentially constructive supply-side backdrop. Ethereum Price Analysis: The Daily Chart…

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