US Top News and Analysis | Crypto companies are trying to leave the hype cycle for a more disciplined phase, earnings show
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Crypto firms are shifting from a reliance on volatile trading revenue to more diversified, stable business models as the market cools. First‑quarter earnings showed a steep drop in transaction and staking income for exchanges such as Coinbase and Robinhood, prompting both to expand into derivatives, event contracts, tokenized commodities and other financial services. Gemini is adding predictions, derivatives, a consumer credit card and plans to launch stocks, while Bullish is pursuing a $4.2 billion acquisition of global transfer agent Equiniti to become a broader capital‑markets infrastructure provider. Circle reported solid earnings driven by its USDC stablecoin and its Arc blockchain platform, and treasury‑focused firms like Strategy and Sharplink are moving toward active on‑chain management rather than holding assets passively. Across the sector, companies are aiming to generate steady revenue streams that can weather crypto’s boom‑and‑bust cycles.
#Coinbase #Robinhood #Gemini #Bullish #Circle #CameronWinklevoss #MichaelSaylor
Hyperliquid HYPEUSD is up 16.63% to $45.57 as Coinbase becomes an official USDC deployer, driving a significant volume increase in the last 24 hours.
https://dmarketforces.com/hype-gains-17-as-coinbase-becomes-usdc-treasury-deployer/
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