Day: February 11, 2026

Robinhood activates testnet for Ethereum layer 2 blockchain

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Robinhood has activated its public testnet for Robinhood Chain, a new Ethereum layer 2 network designed to support onchain financial infrastructure that connects traditional markets, crypto, and real-world assets (RWAs). The chain, powered by Arbitrum’s technology, was first revealed last June as the company stepped up its digital asset expansion amid a more supportive regulatory climate in the US. Johann Kerbrat, who leads Robinhood’s global crypto strategy, said in a statement that the testnet is meant to lay the groundwork for an ecosystem focused on tokenized RWAs while supporting builders…

XRP Price Faces Critical Test, Failure Could Trigger Another Slide

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Robinhood Shares Drop On Q4 Revenue Miss

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Robinhood dropped in after-hours trading on Tuesday after the trading platform’s latest earnings missed analyst expectations while crypto revenues tanked in the fourth quarter. Robinhood reported record net revenues of $1.28 billion in Q4, missing Wall Street expectations of $1.34 billion despite increasing 27% year-on-year.  Its crypto-based revenues fell 38% from last year to $221 million after the crypto market entered an extended period of drawdowns in October. The company’s net income for the quarter fell 34% year-on-year to $605 million, with its earnings per share reaching 66 cents, slightly…

Ethereum Price Slips Into Danger Zone As Breakdown Threat Grows

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Ethereum price started a recovery wave above $2,000. ETH is now consolidating and remain at risk of another decline below $1,980. Ethereum struggled to extend gains above $2,120 and corrected lower. The price is trading below $2,050 and the 100-hourly Simple Moving Average. There is a contracting triangle forming with resistance at $2,040 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,120 zone. Ethereum Price Dips Again Ethereum price managed to form a base above $1,950…

Goldman Sachs discloses first XRP and Solana ETF holdings valued at $260M

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Goldman Sachs disclosed approximately $260 million in combined Solana and XRP exchange-traded fund holdings by the end of the fourth quarter of 2025, its first reported positions tied to crypto assets other than Bitcoin and Ethereum. Goldman’s XRP allocations were closely balanced across all issuers, totaling $152 million. According to the disclosure, the bank held 2 million shares of the 21Shares XRP ETF valued at $35.9 million, 1.9 million shares of the Bitwise XRP ETF worth $39.8 million, 1.9 million shares of the Franklin XRP Trust valued at $38.4 million,…

LayerZero Labs Launching Blockchain Aimed at Institutions

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Blockchain company LayerZero Labs is planning to launch its own layer-1 blockchain named “Zero” with backing from ARK Invest and Citadel Securities, and targeting institutional financial markets. Zero will launch in the fall of 2026, according to an announcement on Tuesday from LayerZero Labs, which also created and maintains the cross-chain messaging protocol LayerZero. The firm said it will be scalable to two million transactions per second by leveraging zero-knowledge proofs and zero‑knowledge virtual machine Jolt to bypass “the fundamental replication requirement,” which constrains “blockchains to fewer than 10,000 transactions…

Bitcoin Price Fails To Stabilize, Is Another Drop Imminent?

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Bitcoin price started a recovery wave above $68,500. BTC is now struggling to clear $72,000 and might start another decline in the near term. Bitcoin is attempting to recover but is facing many hurdles near $72,000. The price is trading below $70,000 and the 100 hourly simple moving average. There is a short-term bearish trend line forming with resistance at $69,200 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $68,000 and $67,700 levels. Bitcoin Price Faces…

SafeMoon CEO Given 8-Year Jail Time Over Crypto Scam

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Former SafeMoon CEO Braden Karony has been sentenced to 100 months in prison for stealing $9 million from the crypto platform’s liquidity pool in 2021 to fund a “lavish lifestyle.” The sentence on Monday comes nine months after Karony was convicted by a federal jury on charges of conspiracy to commit securities fraud, wire fraud and money laundering in May 2025.  “Not only did Braden John Karony abuse his position as CEO, but he also betrayed his investors’ trust by stealing more than nine million dollars in digital assets from…

Robinhood Chain Testnet Goes Live on Arbitrum

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Robinhood has launched a public testnet for Robinhood Chain, its new Ethereum layer‑2 network built using Arbitrum technology that aims to bring tokenized real‑world and digital assets onchain. According to a release shared with Cointelegraph, the testnet, which is now live for developers, offers network access points, documentation at docs.chain.robinhood.com, compatibility with standard Ethereum development tools and early integrations from infrastructure partners.  Robinhood says the chain is designed for “financial‑grade” use cases, including 24/7 trading, seamless bridging, self‑custody, and decentralized products such as tokenized asset platforms, lending markets, and perpetual…

Bryan Pellegrino: Blockchain scalability is hindered by storage layer constraints, node computation inefficiencies drive up costs, and the shift towards centralization threatens decentralization

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LayerZero’s breakthrough storage layer could redefine blockchain scalability and efficiency for future applications. Key takeaways Blockchain scalability is heavily constrained by the storage layer. Layer Zero Labs developed a storage layer capable of 3,000,000 updates per second, showcasing significant advancements in scalability. Current blockchain inefficiencies arise from node computation replication, leading to excessive costs. Layer Zero’s new blockchain, Zero, aims to reduce computation replication to enhance competitiveness. Existing blockchain solutions struggle between being too centralized or failing to scale effectively. The trend towards increased centralization in blockchain development is seen…