Morning Minute: Robinhood Chain Flips Ethereum and Base in Fees
Vlad Tenev’s new blockchain is soaring in all metrics as memes paired with tokenized stocks start to take off.
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Vlad Tenev’s new blockchain is soaring in all metrics as memes paired with tokenized stocks start to take off.
The 4,603 BTC cost an average of $80,318, some 29% above what the company took for the coins it sold this summer.
Shares, bonds, funds, ETFs and insurance products will qualify for the tax-advantaged accounts, which open next year.
Some $6 million reached Ethereum before validators froze the chain, stranding the rest on a network that still is not producing blocks.
Spot Bitcoin ETFs shed $201.9 million on Aug. 28, ending a nine-day inflow run, even as Ethereum funds extended a 10-day streak with fresh cash.
A Bitcoin rally to around $79,000 lifted the company's 840,447 BTC roughly $2.8 billion above its cost basis, as Saylor's "We're Back" post fueled speculation that Strategy may resume buying.
Galaxy Research shows coins untouched for 10-plus years moving at an unusual pace in 2026, with six ancient wallets shifting $40 million in a single 10-day stretch this month.
BTC gave back some of its gains after Fed Chair Kevin Warsh talked tough on inflation, but prediction market traders are still leaning bullish.
Evernorth has gained SEC clearance, teeing up a shareholder vote on its Nasdaq listing—while the firm's XRP stash sits well below what it paid for it.