MarketsGemini Q1 2026: Credit Card Revenue Up 300% as Trading Falls
Gemini reported 42% revenue growth in Q1 2026, with credit card revenue up 300% as trading volumes halved. What this means for crypto exchanges.
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MarketsSouth Korea Crypto Market Halved to $41B, 22% Tax Coming in 2027
South Korea crypto holdings fell from $83B to $41B in a year. Daily volumes dropped from $11.6B to $3B. New AML rules and 22% tax take effect in 2027.
MarketsCZ Says US Rivals Lobbied Against His Presidential Pardon
Binance founder CZ Zhao said US crypto exchanges lobbied against his Trump pardon, fearing Binance's return to the American market.
MarketsTrump Media: $406M Loss in Q1 2026 After Bitcoin Bet
Trump Media & Technology Group posted a $405.9M net loss in Q1 2026. Nearly $370M came from unrealized losses on Bitcoin and equity holdings.
MarketsCoinbase Q1 2026 Loss: $394M and Revenue Miss
Coinbase reported a $394.1M net loss in Q1 2026, missing revenue estimates by $90M. Transaction revenue fell 40% year over year, shares down 4.7% after hours.
MarketsKalshi Raises $1 Billion at $22 Billion Valuation: Prediction Markets Enter Institutional Era
Kalshi raised $1 billion at a $22 billion valuation in its Series F, led by Coatue with a16z, Sequoia, and Morgan Stanley. Revenue run rate topped $1.5 billion.
MarketsCME Launches Bitcoin Volatility Futures: BVX Product Goes Live June 1
CME Group launches Bitcoin volatility futures on June 1, 2026. The BVX product lets traders hedge against swing intensity without betting on price direction.
MarketsCoinbase Cuts 14% of Staff in AI Restructuring
Coinbase announced the elimination of 14% of its workforce on May 5, about 700 jobs. CEO Brian Armstrong cited a market downturn and AI adoption.
MarketsRobinhood: Crypto Revenue Down 47% in Q1 2026, Shares Fall 9%
Robinhood Q1 2026 earnings: crypto revenue fell 47% to $134M, trading volume down 48%. EPS and revenue missed estimates. HOOD shares dropped 9.4%.