Robinhood Reports Strong Crypto Revenues, SAB 121 Reversal Sees Bipartisan Support
U.S. equity indices are showing modest gains today following weekly jobless claims coming in higher than expected, showing 231k versus 212k estimated, putting downward pressure on the DXY N/A% (-0.21%) and rates. The SPY 0.77% has gained 0.36%, approaching the $520 mark, while the QQQ 0.95% has risen 0.14% to the $440. Crypto assets are showing larger gains, with BTC 4.19% (+1.57%) rising above $62k and ETH 3.12% (+1.05%) surpassing $3,000. The Render Networkâs mobile app, OctaneX, was featured in Appleâs keynote presentation earlier this week, alerting users to the ability to leverage Renderâs distributed GPU network. Following the press, RNDR has been one of the top performers this week, gaining 13.80% thus far. Marathon Digital (MARA -0.01% ) reports earnings after the market closes today and should provide some insight into how miners are navigating post-halving dynamics.