HOOD Coin price

Optimized data analysis on the correlation of $MSTR, $COIN, $HOOD with Bitcoin returns by colleagues, using the highest/lowest points within a month to calculate the rise/fall, addressing errors caused by differences in time dimensions (e.g., MSTR seems to have a smaller decline than BTC). Key Findings: - MSTR: The decline is less than BTC, with a better risk-return ratio, but the advantage weakens as market volatility decreases, and leverage risk needs attention. - COIN: Follows BTC and regulatory changes, can outperform BTC when rising, but has a larger decline, with a less stable risk-return ratio compared to MSTR. - HOOD: Initially weak crypto correlation, diversified profits; later, due to the presidential election meme craze and surge in crypto trading, Q4 profits doubled, and stock price soared. Risk-Return Ratio Assessment: - MSTR: Currently the best, with low decline and high return potential, but leverage risk needs caution. - COIN: Suitable for rising cycles, high volatility, slightly less stability. - HOOD: Strong short-term performance, long-term relies on diversified profits.

Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. This is Margaux Nijkerk and Sam Kessler, CoinDesk’s Tech team. In this issue: Hacking Attempt on Lido Results in 1.4 Ether Lost From Oracle Provider Bitcoin DeFi Security Improves as Rootstock Boosts Hashrate Share Ethereum’s Next Upgrade ‘Fusaka’ Could Cut Layer-2 and Validator Costs Telegram Cracks Down on $8 billion Crypto Crime Marketplace Unknown block type "divider", specify a component for it in the `components.types` option Network News LIDO AVOIDS MAJOR SECURITY BREACH: Lido, Ethereum’s largest liquid staking protocol, avoided a major security incident after one of its nine oracle keys was compromised in what appears to be a low-impact but serious breach involving validator operator Chorus One. Lido secures over 25% of all ether (ETH) staked on Ethereum, making it one of the most systemically important protocols in the Ethereum ecosystem. The compromised key was tied to a hot wallet used for oracle reporting, leading to the theft of just 1.46 ETH ($4,200) in gas fees. No user funds were affected, and no broader compromise was detected, per X posts from both Lido and Chorus One. — Tim Craig Read more. BITCOIN DEFI BLOSSOMING: Decentralized finance (DeFi) on the Bitcoin blockchain may still be in its infancy relative to Ethereum, but Bitcoin DeFi (BTCFi) is becoming safer and cheaper, crypto analytics firm Messari said in a new report. A central participant is Rootstock, one of the oldest Bitcoin layer-2 projects, crypto analytics firm Messari said in its "State of Rootstock" report. Rootstock is now secured by 81% of Bitcoin's total hashrate, meaning miners that account for amount the hashrate are also approving transactions on the layer 2. The figure was just 56% before the the onboarding of Foundry and Spiderpool, the world's largest and sixth-largest mining pools, respectively, in February. — Jamie Crawley Read more. FUSAKA PLANNING BEGINS: After the successful deployment last week of Pectra, Ethereum's biggest upgrade in more than a year, the network's core developers are already shifting focus to the next major chain upgrade: Fusaka. Pectra, the biggest code change to Ethereum since the Merge in 2022, introduced key changes aimed at making staking easier for institutions, improving wallet accessibility, and boosting transaction efficiency. Developers have already begun planning for Fusaka, the network’s next upgrade, and have thus far agreed to include an Ethereum Improvement Proposal (EIP) called "PeerDAS" that could help the network support larger "blobs" of transaction data. — Margaux Nijkerk Read more. TELEGRAM CRACKS DOWN ON CRYPTO CRIME MARKETPLACE: Messaging app Telegram has closed thousands of channels belonging to suspected Chinese crypto-crime marketplaces after new research shed light on the situation, according to Elliptic. The closure follows a report published by the blockchain analytics firm on Tuesday into the fast-growing Telegram-based marketplace called Xinbi Guarantee. The Colorado-incorporated marketplace has processed over $8.4 billion worth of transactions using Tether’s USDT stablecoin since 2022. It facilitates services relating to money laundering, operating crypto scam compounds and other illicit services, such as intimidation and sex trafficking, according to Elliptic. — Tim Craig Read more. Unknown block type "divider", specify a component for it in the `components.types` option In Other News Robinhood Markets (HOOD), the California-based financial services company, said it agreed to buy Canadian crypto firm WonderFi (WNDR) for $178.98 million. The all-cash acquisition values WonderFi at 36 Canadian cents per share, a 41% premium over its closing price prior to the announcement. — Omkar Godbole Read more. Stock and crypto trading platform eToro (ETOR) debuted at $52 a share on the Nasdaq exchange. The company raised about $312 million from investors by selling 6 million shares at a price of $52 a piece. The listing values the company at $4.2 billion. EToro became the first U.S. crypto company to go public following the market uncertainty wrought by President Donald Trump's tariff actions. — Helene Braun Read more. Unknown block type "divider", specify a component for it in the `components.types` option Regulatory and policy The Gibraltar government said it plans to establish the world's first rules for the clearing and settlement of crypto derivatives, creating a regulatory framework to improve market integrity and reduce key risks. Working with the Gibraltar Financial Services Commission (GFSC) and crypto exchange Bullish (whose owner, Bullish Group, is also the parent of CoinDesk), the government has built a framework over the past six months that tailors traditional financial clearing regulations to the virtual asset market. — Jamie Crawley Read more. Unknown block type "divider", specify a component for it in the `components.types` option Calendar May 14-16: Consensus, Toronto May 19-23: Solana Accelerate, New York City May 20-22: Avalanche Summit, London May 27-29: Bitcoin 2025, Las Vegas May 27-29: ETHPrague, Prague June 8-22: Berlin Blockchain Week, Berlin June 30-July 3: EthCC, Cannes July 16-18: Web3 Summit, Berlin Sept. 22-28: Korea Blockchain Week, Seoul Oct. 1-2: Token2049, Singapore Dec. 11-13: Solana Breakpoint, Abu Dhabi

User base numbers $COIN v. $HOOD @RobinhoodApp: 26M @coinbase: 110M @coinbase is 4X larger than @RobinhoodApp

On-chain securities are the single biggest upcoming opportunity in crypto but I have no idea where they’re best served ETH: - flawless uptime 👍 - seriously battle tested 👍 - slow, so all trading will have to be done @ L2s or on CEXs SOL: - fast as hell 👍 - will build the rails specific to make this possible 👍 - zero day exploit found within last 6 wks 👎 - uptime isn’t flawless 👎 —— with Hester Peirce commenting on this I see a strong route to this within a year or two. Expecting GME on chain as well as companies like MSTR and HOOD

Shares of Coinbase (COIN) fell nearly 3% in post-market trading after it reported a significant drop in revenue in the first quarter of the year, missing analyst estimates, as markets cooled amid economic uncertainty in the U.S. The crypto exchange said it recorded $2 billion in revenue, down from $2.27 billion in the fourth quarter and lower than Street estimates of $2.1 billion. The company also reported earnings per share of $0.24, missing the average analyst estimate of $1.93, according to FactSet data. Trading volume fell 10% to $393.1 billion quarter over quarter and transaction revenue came in at $1.3 billion, about 19% lower than in the fourth quarter. “Q1 saw increased average Crypto Asset Volatility with BTC reaching a new all-time high price in January. However, crypto prices dropped alongside broader market declines driven by tariff policy and macroeconomic uncertainty,” Coinbase wrote in a letter to shareholders. Analysts at J.P. Morgan, Barclays, and Compass Point had all slashed their forecasts before the earnings report as crypto trading volume slowed sharply since January amid uncertainties about the future of the U.S. economy. Trading platform Robinhood (HOOD), whose retail-focused clientele is often compared to Coinbase’s trader base, in April reported a 13% drop in transaction-based revenue. Coinbase’s $2.9 billion acquisition of derivatives exchange Deribit, however, positions it as the new leader in global crypto options trading, overtaking Binance and other rivals. The move sets the stage for a new chapter in derivatives markets — one that investors will be watching closely. Read more: Coinbase's $2.9B Deribit Deal a 'Legitimate Threat' for Peers, Wall Street Analysts Say UPDATE (May 8, 20:43 UTC): Adds additional paragraph at the end and share price decline.