The post Robinhood Hands Out $750K in Bitcoin as BTC Shows Signs of a Base appeared on BitcoinEthereumNews.com. Robinhood distributed $750,000 in Bitcoin duringThe post Robinhood Hands Out $750K in Bitcoin as BTC Shows Signs of a Base appeared on BitcoinEthereumNews.com. Robinhood distributed $750,000 in Bitcoin during

Robinhood Hands Out $750K in Bitcoin as BTC Shows Signs of a Base

Robinhood distributed $750,000 in Bitcoin during a holiday promotion as BTC traded in a tight daily range. Meanwhile, chart analysts flagged early signs of stabilization after a prolonged pullback.

Robinhood distributed a total of $750,000 worth of Bitcoin to eligible users as part of a limited holiday promotion, according to details shared by the company. The giveaway took place during “HOOD Holidays” Day 2 and formed one part of a multi-day rewards campaign.

Under the promotion’s structure, users who did not receive top prizes instead shared a fixed Bitcoin pool worth $750,000. The platform split the amount on a pro-rata basis among qualifying participants rather than issuing equal payouts to all users. As a result, individual Bitcoin rewards varied depending on participation and eligibility.

Meanwhile, the campaign also included separate prize tiers unrelated to the Bitcoin pool. These featured non-crypto rewards such as travel packages and physical prizes, which Robinhood awarded independently from the Bitcoin distribution. The company positioned the promotion as a seasonal engagement effort rather than a permanent rewards program.

At the same time, Robinhood did not disclose how many users qualified for the Bitcoin pool or the average payout per participant. However, the structure confirms that the $750,000 figure refers to the total Bitcoin allocated for the shared distribution, not a direct grant to each user.

The promotion comes as U.S.-based trading platforms continue to use short-term incentives to drive user activity, especially around year-end periods marked by lower trading volumes and heightened competition among retail brokerages.

Bitcoin Chart Signals Draw Attention as Analysts Point to Potential Base

Meanwhile, Bitcoin traded in a narrow range on the daily chart as technical analysts highlighted a possible base forming after weeks of downside pressure. A chart shared by market commentator Gem Detecter showed BTC/USDT consolidating inside a tightening structure, following a broader downtrend marked by a series of lower highs and lower lows.

Bitcoin TetherUS Daily Chart. Source: X

The chart outlines a compressed price range where selling momentum has slowed, with candles clustering near recent lows. According to the analysis, this type of structure often appears after extended declines, when volatility contracts and price action stabilizes. The setup followed several failed rebound attempts earlier in the quarter, each capped by descending resistance.

At the same time, the analyst described the pattern as a “clear bottom signal,” while framing the view as a longer term outlook rather than a near term move. In a social media post, Gem Detecter said 2026 could mark a strong year for Bitcoin and the broader altcoin market, linking that view to the current technical structure.

Market data shows Bitcoin remained well below its previous highs, reflecting caution across spot and derivatives markets. While some traders view the consolidation as early base building, others continue to watch for confirmation through volume expansion or a decisive break from the current range.

For now, price action remains contained, with the chart reflecting consolidation rather than a confirmed trend reversal.

Source: https://coinpaper.com/13428/robinhood-hands-out-750-k-in-bitcoin-as-btc-shows-signs-of-a-base

Piyasa Fırsatı
Bitcoin Logosu
Bitcoin Fiyatı(BTC)
$87,858.39
$87,858.39$87,858.39
+0.02%
USD
Bitcoin (BTC) Canlı Fiyat Grafiği
Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen service@support.mexc.com ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

Facts Vs. Hype: Analyst Examines XRP Supply Shock Theory

Facts Vs. Hype: Analyst Examines XRP Supply Shock Theory

Prominent analyst Cheeky Crypto (203,000 followers on YouTube) set out to verify a fast-spreading claim that XRP’s circulating supply could “vanish overnight,” and his conclusion is more nuanced than the headline suggests: nothing in the ledger disappears, but the amount of XRP that is truly liquid could be far smaller than most dashboards imply—small enough, in his view, to set the stage for an abrupt liquidity squeeze if demand spikes. XRP Supply Shock? The video opens with the host acknowledging his own skepticism—“I woke up to a rumor that XRP supply could vanish overnight. Sounds crazy, right?”—before committing to test the thesis rather than dismiss it. He frames the exercise as an attempt to reconcile a long-standing critique (“XRP’s supply is too large for high prices”) with a rival view taking hold among prominent community voices: that much of the supply counted as “circulating” is effectively unavailable to trade. His first step is a straightforward data check. Pulling public figures, he finds CoinMarketCap showing roughly 59.6 billion XRP as circulating, while XRPScan reports about 64.7 billion. The divergence prompts what becomes the video’s key methodological point: different sources count “circulating” differently. Related Reading: Analyst Sounds Major XRP Warning: Last Chance To Get In As Accumulation Balloons As he explains it, the higher on-ledger number likely includes balances that aggregators exclude or treat as restricted, most notably Ripple’s programmatic escrow. He highlights that Ripple still “holds a chunk of XRP in escrow, about 35.3 billion XRP locked up across multiple wallets, with a nominal schedule of up to 1 billion released per month and unused portions commonly re-escrowed. Those coins exist and are accounted for on-ledger, but “they aren’t actually sitting on exchanges” and are not immediately available to buyers. In his words, “for all intents and purposes, that escrow stash is effectively off of the market.” From there, the analysis moves from headline “circulating supply” to the subtler concept of effective float. Beyond escrow, he argues that large strategic holders—banks, fintechs, or other whales—may sit on material balances without supplying order books. When you strip out escrow and these non-selling stashes, he says, “the effective circulating supply… is actually way smaller than the 59 or even 64 billion figure.” He cites community estimates in the “20 or 30 billion” range for what might be truly liquid at any given moment, while emphasizing that nobody has a precise number. That effective-float framing underpins the crux of his thesis: a potential supply shock if demand accelerates faster than fresh sell-side supply appears. “Price is a dance between supply and demand,” he says; if institutional or sovereign-scale users suddenly need XRP and “the market finds that there isn’t enough XRP readily available,” order books could thin out and prices could “shoot on up, sometimes violently.” His phrase “circulating supply could collapse overnight” is presented not as a claim that tokens are destroyed or removed from the ledger, but as a market-structure scenario in which available inventory to sell dries up quickly because holders won’t part with it. How Could The XRP Supply Shock Happen? On the demand side, he anchors the hypothetical to tokenization. He points to the “very early stages of something huge in finance”—on-chain tokenization of debt, stablecoins, CBDCs and even gold—and argues the XRP Ledger aims to be “the settlement layer” for those assets.He references Ripple CTO David Schwartz’s earlier comments about an XRPL pivot toward tokenized assets and notes that an institutional research shop (Bitwise) has framed XRP as a way to play the tokenization theme. In his construction, if “trillions of dollars in value” begin settling across XRPL rails, working inventories of XRP for bridging, liquidity and settlement could rise sharply, tightening effective float. Related Reading: XRP Bearish Signal: Whales Offload $486 Million In Asset To illustrate, he offers two analogies. First, the “concert tickets” model: you think there are 100,000 tickets (100B supply), but 50,000 are held by the promoter (escrow) and 30,000 by corporate buyers (whales), leaving only 20,000 for the public; if a million people want in, prices explode. Second, a comparison to Bitcoin’s halving: while XRP has no programmatic halving, he proposes that a sudden adoption wave could function like a de facto halving of available supply—“XRP’s version of a halving could actually be the adoption event.” He also updates the narrative context that long dogged XRP. Once derided for “too much supply,” he argues the script has “totally flipped.” He cites the current cycle’s optics—“XRP is sitting above $3 with a market cap north of around $180 billion”—as evidence that raw supply counts did not cap price as tightly as critics claimed, and as a backdrop for why a scarcity narrative is gaining traction. Still, he declines to publish targets or timelines, repeatedly stressing uncertainty and risk. “I’m not a financial adviser… cryptocurrencies are highly volatile,” he reminds viewers, adding that tokenization could take off “on some other platform,” unfold more slowly than enthusiasts expect, or fail to get to “sudden shock” scale. The verdict he offers is deliberately bound. The theory that “XRP supply could vanish overnight” is imprecise on its face; the ledger will not erase coins. But after examining dashboard methodologies, escrow mechanics and the behavior of large holders, he concludes that the effective float could be meaningfully smaller than headline supply figures, and that a fast-developing tokenization use case could, under the right conditions, stress that float. “Overnight is a dramatic way to put it,” he concedes. “The change could actually be very sudden when it comes.” At press time, XRP traded at $3.0198. Featured image created with DALL.E, chart from TradingView.com
Paylaş
NewsBTC2025/09/18 11:00
Real estate, crypto, bonds, AI stocks and gold defined global market trades in 2025

Real estate, crypto, bonds, AI stocks and gold defined global market trades in 2025

The post Real estate, crypto, bonds, AI stocks and gold defined global market trades in 2025 appeared on BitcoinEthereumNews.com. 2025 was packed with high-stakes
Paylaş
BitcoinEthereumNews2025/12/29 06:12
Headwind Helps Best Wallet Token

Headwind Helps Best Wallet Token

The post Headwind Helps Best Wallet Token appeared on BitcoinEthereumNews.com. Google has announced the launch of a new open-source protocol called Agent Payments Protocol (AP2) in partnership with Coinbase, the Ethereum Foundation, and 60 other organizations. This allows AI agents to make payments on behalf of users using various methods such as real-time bank transfers, credit and debit cards, and, most importantly, stablecoins. Let’s explore in detail what this could mean for the broader cryptocurrency markets, and also highlight a presale crypto (Best Wallet Token) that could explode as a result of this development. Google’s Push for Stablecoins Agent Payments Protocol (AP2) uses digital contracts known as ‘Intent Mandates’ and ‘Verifiable Credentials’ to ensure that AI agents undertake only those payments authorized by the user. Mandates, by the way, are cryptographically signed, tamper-proof digital contracts that act as verifiable proof of a user’s instruction. For example, let’s say you instruct an AI agent to never spend more than $200 in a single transaction. This instruction is written into an Intent Mandate, which serves as a digital contract. Now, whenever the AI agent tries to make a payment, it must present this mandate as proof of authorization, which will then be verified via the AP2 protocol. Alongside this, Google has also launched the A2A x402 extension to accelerate support for the Web3 ecosystem. This production-ready solution enables agent-based crypto payments and will help reshape the growth of cryptocurrency integration within the AP2 protocol. Google’s inclusion of stablecoins in AP2 is a massive vote of confidence in dollar-pegged cryptocurrencies and a huge step toward making them a mainstream payment option. This widens stablecoin usage beyond trading and speculation, positioning them at the center of the consumption economy. The recent enactment of the GENIUS Act in the U.S. gives stablecoins more structure and legal support. Imagine paying for things like data crawls, per-task…
Paylaş
BitcoinEthereumNews2025/09/18 01:27