Robinhood Launches Platinum Card, Family Accounts — HOOD Falls 4% Anyway – Robinhood Markets (NASDAQ:HOOD)

Robinhood (NASDAQ:HOOD) has unveiled a $695 Platinum credit card, family accounts, and trust accounts at its “Take Flight” event, yet HOOD fell 4% as technical weakness overshadowed product announcements.

The Platinum Card Launch

Robinhood introduced the Platinum Card, an invite-only premium credit card offering up to 5x higher credit limits than the Gold Card. 

The annual fee is $695 with over $3,000 in annual value through benefits across dining, health, wellness, and travel.

Key benefits include 5% cash back on dining, $250 DoorDash discount, complimentary DashPass membership, Amazon One Medical membership, complimentary Function Health and ŌURA memberships, and $200 annual credit…

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Bitcoin Is Not ‘Structurally Flawed’—But Gold Is, Bitwise’s Matt Hougan Says

Bitwise Chief Investment Officer Matt Hougan challenged billionaire Chamath Palihapitiya‘s claim that Bitcoin (CRYPTO: BTC) is “structurally” flawed, pointing out that, in fact, that applies more to gold.

Bitcoin Or Gold: Which One Do Central Banks Prefer?

Palihapitiya had claimed Bitcoin is unsuitable for central bank reserves, arguing the real issue lies with gold’s physical nature.

Gold must either be stored with third-party custodians. Alternatively, it must be physically transported, which introduces security risks and logistical challenges.

Hougan pushed back, saying central banks don’t want to rely on such assets.

By contrast, Bitcoin can be digitally transferred globally,…

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$650B Moved On Solana In February as Stablecoin Activity Explodes

Solana (CRYPTO: SOL) is once again drawing attention across the crypto market, but this time the story is less about price swings and more about the sheer amount of capital moving through its network.

In February, Solana processed roughly $650 billion in stablecoin transaction volume, marking the largest monthly total ever recorded on the blockchain. The figure highlights a sharp increase in activity across decentralized finance, trading, and on chain payments, reinforcing the narrative that Solana’s ecosystem continues to expand even during periods of volatile price action.

The scale of that number is striking. To put it into perspective, $650 billion in a single month exceeds the annual…

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Bitcoin Surges 7%, But The March Rally May Just Be A Textbook Bull Trap

Bitcoin (CRYPTO: BTC) has surged 7% since the start of the month as macro analyst Benjamin Cowen warned this mirrors the “bull trap” pattern that preceded massive sell-offs in every prior midterm cycle.

The Midterm Bear Market Playbook

Bitcoin is trading roughly 15% below its $87,500 yearly open, hitting the exact mathematical target for an early March relief rally. 

Cowen argues Bitcoin’s 2026 price action identically mirrors the post-halving patterns of 2014, 2018, and 2022.

The structural pattern repeats across cycles: Bitcoin peaks in Q4 of the post-halving year (late 2025 this cycle). 

The asset grinds down to establish local lows in early and late February. This cycle, BTC…

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‘Bitcoin Senator’ Lummis Touts Kraken’s Fed Access As Progress, But Not Everyone Agrees

Wyoming GOP Senator Cynthia Lummis, a vocal advocate for Bitcoin (CRYPTO: BTC), praised Kraken getting access to the Fedwire payment system as a breakthrough for integrating digital assets with traditional finance.

Lummis said in a CNBC interview on Wednesday that Kraken qualified under Wyoming’s Special Purpose Depository Institution (SPDI) framework, a regulatory structure designed specifically for crypto-focused financial institutions.

According to Lummis, the approval creates a new pathway for direct integration between fiat dollars and digital assets, allowing Americans easier access to crypto-related financial services.

She also criticized the Biden administration, saying earlier…

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Morgan Stanley Files Bitcoin ETF, Backs Core Scientific With $500M

Morgan Stanley (NYSE:MS) filed an amended Bitcoin (CRYPTO: BTC) ETF with the SEC on March 4 and provided a $500 million loan facility to Core Scientific (NASDAQ:CORZ) with option to extend to $1 billion, signaling aggressive crypto expansion across products and mining infrastructure.

The Bitcoin ETF Filing

Morgan Stanley submitted an updated S-1 filing naming Coinbase Custody and Bank of New York Mellon as custody partners, combining crypto security with traditional banking infrastructure. 

The Trust will be a passive product that simply tracks Bitcoin’s price rather than actively trading it.

The filing makes clear that Morgan Stanley Investment Management will not sell Bitcoin at market…

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U.S. Contractor Arrested In $46M Theft Of Government Crypto

John Daghita, an alleged U.S. government contractor accused of stealing more than $46 million in cryptocurrency from the U.S. Marshals Service (USMS), was arrested last night on the island of Saint Martin in a coordinated operation between the FBI and French authorities. 

The arrest, confirmed via tweet by FBI Director Kash Patel, involved the French Gendarmerie’s elite tactical unit and the International Cooperation Team Serious Crime Unit.

“Thanks to the International Cooperation Team Serious Crime Unit of the French Gendarmerie National in Saint Martin, and the Groupe d’intervention de la Gendarmerie nationale of Guadeloupe for the outstanding coordination,” Patel…

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American Bitcoin Adds BTC As Eric Trump Blasts Big Banks’ Crypto Lobbying

American Bitcoin, a bitcoin mining company backed by the Trump family, has expanded its corporate treasury to more than 6,500 bitcoin, placing the firm among the largest publicly traded holders of the digital asset as it continues to scale its mining operations.

The company disclosed the updated holdings this week, with co-founder and chief strategy officer Eric Trump stating that the firm accumulated over 500 BTC during the past 21 days. At current market prices, the treasury stands near $470 million.

Data from Bitcoin Treasuries shows the miner now ranks about 17th among public companies that hold BTC on their balance sheets. The firm sits behind companies including Galaxy…

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NYSE Parent Company ICE Invests In Crypto Exchange OKX

Intercontinental Exchange, the parent company of the New York Stock Exchange, has made a strategic investment in crypto exchange OKX, valuing the platform at $25 billion, marking one of the most significant partnerships between a global exchange operator and a crypto trading firm.

The investment, announced Thursday, forms part of a broader collaboration between Intercontinental Exchange (ICE) and OKX aimed at connecting traditional financial markets with blockchain-based infrastructure. 

Financial terms of the deal were not disclosed, though ICE will take a seat on OKX’s board as part of the arrangement.

The partnership reflects a growing effort by established market…

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