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Decrypt reports renewed crypto interest in market data and highlights Robinhood CEO Vlad Tenev’s view that crypto could surpass sports in prediction markets. The report provides no specific performance figures or price forecasts.
Robinhood CEO Vlad Tenev said crypto event contracts are already outpacing sports bets on the platform and could become its dominant prediction-market category within a few years, according to Decrypt.
Researchers and AI agents reportedly improved on Google’s March result for a calculation used by Shor’s algorithm, cutting the estimated requirements for a potential quantum attack on Bitcoin and Ethereum by 50%.
BlackRock’s iShares Bitcoin Trust is outperforming Vanguard’s S&P 500 ETF, Bitcoin Magazine reports. The comparison underscores the relative performance of bitcoin exposure versus a major U.S. equity-market fund.
Robinhood Chain recorded $2.66 million in revenue and 5.52 million transactions on Aug. 30, surpassing Ethereum’s daily revenue as memecoin tools drove most activity and users launched 22,600 tokens.
Bitcoin and crypto assets gained with U.S. stocks after Nvidia’s second-quarter earnings beat expectations by about $4 billion. Bitcoin is drawing attention around the $81,000 level as risk assets strengthen.
Nvidia shares rose 8% after an earnings beat and strong outlook, lifting technology stocks, AI infrastructure companies and bitcoin, CoinDesk reported. NVDA and BTC were among the assets at the center of the market reaction.
