Stock and crypto trading platform Robinhood has approved to buy back $1.5 billion worth of its shares. Robinhood said in a Securities and Exchange Commission filing on Tuesday that the company’s board of directors approved the $1.5 billion share repurchase program, which it will carry out over the next three years. The program includes $1.1 billion in new incremental capacity, with the remainder rolled over from an older repurchase program. “Robinhood is a generational company with a massive long-term opportunity,” Robinhood financial chief Shiv Verma said in a statement. “This…
Day: March 25, 2026
OpenAI to Shut Down Sora After Just Six Months
OpenAI has announced it is shutting down its video generation platform Sora after just six months, with CEO Sam Altman reportedly telling staff the company is winding down all of its video products. “We’re saying goodbye to the Sora app,” Sora posted to X on Tuesday. “We know this news is disappointing. We’ll share more soon, including timelines for the app and API and details on preserving your work.” Sora was released in September to a buzzy reception as the ChatGPT maker sought to make inroads on short-form video content…
Ethereum Price Trends Higher, Bulls Look to Extend Gains Further
Ethereum price started a recovery wave above the $2,065 zone. ETH is now consolidating above $2,120 and might aim for more gains if it clears the $2,200 resistance. Ethereum started a recovery wave above the $2,125 zone. The price is trading above $2,140 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2,145 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,200 resistance. Ethereum Price Eyes…
Bitcoin Price Approaches Break Zone, Upside Move Looks Likely
Bitcoin price started a recovery wave above $69,200. BTC is now back above $70,000 and might aim for a steady increase if it clears $71,650. Bitcoin started a decent recovery wave above $69,500 and $70,000. The price is trading above $70,000 and the 100 hourly simple moving average. There is a bullish flag pattern forming with resistance at $70,700 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $71,200 and $71,650 levels. Bitcoin Price Faces Resistance…
Ethereum Devs Launch Post-Quantum Resource Hub
A group of Ethereum developers has launched a resource hub focused on protecting the blockchain from future quantum computing threats and securing the billions of dollars worth of value the network secures. The “Post-Quantum Ethereum” website, launched on Tuesday by members of the Ethereum Foundation, says the organization’s new Post-Quantum team is planning to implement quantum solutions into Ethereum at the protocol level by 2029, with solutions targeting the execution layer to follow. While the Post-Quantum team said no imminent quantum threat exists for cryptography-secured blockchains, early action is necessary…