Robinhood reported a revenue of $927 million in Q1 2025, up 50% YoY.
The firm listed several memecoins in Q1 2025 to diversify its business and attract more retail traders.
Robinhood Markets Inc. (NASDAQ: HOOD), a prominent retail trading platform, released its first quarter 2025 earnings, which beat Wall Street estimates. The company reported an earnings per share (EPS) of 37 cents compared to an estimate of 36 cents.
Robinhood reported a revenue of $927 million compared to an estimate of $921.7 million, which increased 50 percent YoY. As a result, Robinhood authorized a $500 million raise in its stock buyback program to $1.5 billion.
Robinhood Segment Breakdown and Market Outlook
During the first quarter, Robinhood recorded a 77 percent YoY growth in transaction-based revenue to $583 million. The company’s crypto segment recorded 100 percent YoY growth in revenue to about $252 million. Furthermore, Robinhood recorded a trading volume of about $48 billion in the first quarter of 2025, up 28 percent YoY.
In a bid to evolve and compete with global exchanges, Robinhood intends to further diversify its offerings in the future.
“We are diversifying the business outside of crypto, which will make us less reliant on crypto transaction volume in the future,” Vladimir Tenev, Robinhood CEO, noted.
The company’s options revenue for the first quarter was about $240 million, up 56 percent YoY. Meanwhile, Robinhood recorded a 44 percent surge in YoY revenue for equities to $56 million.
“Customers are not only trading more with us, but they are entrusting us with more of their assets,” Tenev added. ”We significantly accelerated product innovation across key initiatives including Robinhood Strategies, Banking, and Cortex. Customers responded with record-breaking net deposits, Gold subscriptions, and trading volume across all asset classes.”
Following the announcement, HOOD shares gained 2 percent to trade at about $50 on Wednesday, April 30 during the late North American session.
The crypto market had a rather bullish week and a positive 24 hours, as PolitiFi coins noted a surge. Led by the Official Trump token, the PolitiFi market grew by 29% and is collectively worth over $2.80 billion.
BeInCrypto has analyzed two other Political meme coins for investors to watch as they piggyback on TRUMP’s growth.
Official Trump (TRUMP)
Launch Date – January 2025
Total Circulating Supply – 199.99 Million TRUMP
Maximum Supply – 1 Billion TRUMP
Fully Diluted Valuation (FDV) – $12.46 Billion
TRUMP price has surged by 34% over the last 24 hours following the announcement of a Gala Dinner with the US president for the top 220 holders. The top 25 holders will also receive a private White House tour, boosting investor sentiment and driving demand for the token.
Currently trading at $12.40, TRUMP is nearing the resistance of $12.57. If the positive momentum persists, it could flip this resistance into support and continue its rise. A successful breach of $12.57 may lead TRUMP to the next resistance level at $14.53, attracting further investment.
However, if investors decide to sell and lock in profits, TRUMP could experience a decline. If the token fails to hold above the $12.57 resistance, it could drop to $11.44 and potentially fall further to $10.29, invalidating the bullish outlook and erasing recent gains.
ConstitutionDAO (PEOPLE)
Launch Date – December 2021
Total Circulating Supply – 5.06 Billion PEOPLE
Maximum Supply – 5.06 Billion PEOPLE
Fully Diluted Valuation (FDV) – $72.80 Million
PEOPLE price has surged 12% over the last 24 hours, adding to its 40% growth over the week. This rally follows TRUMP’s gains, and PEOPLE is now trading at $0.0144. The recent surge signals a potential continuation of the bullish trend, supported by market optimism.
If the momentum persists, PEOPLE could breach the $0.0152 resistance level. Successfully flipping it into support would propel the meme coin to new heights, targeting $0.0184. This would solidify the recovery and potentially bring further investor interest in the altcoin, boosting its market performance.
However, a pullback is likely if PEOPLE fails to break through $0.0152. Falling below this resistance would send the price back to $0.0128, which could invalidate the bullish outlook. This scenario would erase recent gains, potentially increasing investors’ selling pressure.
Doland Tremp (TREMP)
Launch Date – November 2024
Total Circulating Supply – 99.95 Million TREMP
Maximum Supply – 100 Million TREMP
Fully Diluted Valuation (FDV) – $3.30 Million
TREMP, a meme coin that benefited from TRUMP’s rally, surged by 33% in the past day despite a 14% dip today. The token, often seen as a mockery of Donald Trump, is currently stuck in a volatile market. This fluctuation indicates ongoing investor interest in the meme coin.
If TREMP can hold its current support at $0.0319, the altcoin could bounce back. With the right investor backing, it may push towards $0.0389 in the coming days, furthering its recovery. This would be essential to maintaining bullish sentiment and securing a more sustained rise in the future.
However, if investor confidence falters, the meme coin may struggle. A failure to maintain the $0.0319 support would likely push TREMP down to $0.0290, invalidating the current bullish outlook.
This could lead to further price declines, especially if selling pressure intensifies.
The United States lawmakers are preparing for important votings on several crypto-related bills this week. Later this week, the House of Representatives will vote on the market structure bill in addition to the GENIUS Act.
If the House passes the GENIUS Act without any changes as approved by the Senate, the bill will be forwarded to President Donald Trump to be signed into law. The House will also vote on bills that address the crypto market structure and CBDC, which will then be returned to the Senate for the final vote.
Banks Can Now Custody Customers’ Crypto Assets
On Monday, the Federal bank regulatory agencies – the Federal Deposit Insurance Corporation, the Federal Reserve Board, and the Office of the Comptroller of the Currency – issued a joint statement on crypto-asset safekeeping by banking organizations.
According to the joint statement, banks can now offer custody services to their customers for crypto assets such as Bitcoin. The agencies highlighted that banks must comply with existing banking regulations while dealing with customers’ crypto assets.
“Banking organizations may provide safekeeping for crypto-assets in a fiduciary or a non-fiduciary capacity. Banking organizations that provide crypto-asset safekeeping in a fiduciary capacity must comply with 12 CFR 9 or 150, as applicable, state laws and regulations, and any other applicable legal provisions, such as the instrument that created the fiduciary relationship,” the announcement noted.
Market Impact
The clear crypto legislations and regulations amid the ongoing bullish sentiment will play a crucial role in onboarding more investors. Already, the Bitcoin and wider crypto market have recorded significant bullish sentiment fueled by the notable proliferation of institutional investors.
According to TD Cowen, the investment banking and financial services arm of TD Securities, the Bitcoin price is well-positioned to reach $155,000 by December 2025 and a base case of $128k. However, the bank issued a downside target of about $55k, which could happen if BTC price consistently closes below the established support/resistance range between $109k and $111,872.
The post U.S. Crypto Regulations This Week: Banks Given Green Light to Custody Crypto Ahead of Key Legislation Voting appeared first on Coinpedia Fintech News
The United States lawmakers are preparing for important votings on several crypto-related bills this week. Later this week, the House of Representatives will vote on the market structure bill in addition to the GENIUS Act. If the House passes the GENIUS Act without any changes as approved by the Senate, the bill will be forwarded …
BeInCrypto sat down with members of the LBank team to analyze the possible resurgence of the meme coin market as a leading crypto narrative and what their fusion with artificial intelligence (AI) can have on their reach.
LBank also discussed the impact of the four-month-old Markets in Crypto-Assets (MiCA) regulation on its operations across Europe. They described a fundamental change in investor confidence in light of greater regulatory clarity and simplified accessibility.
Have Meme Coin Highs Given Way to Devastating Lows?
In recent years, the meme coin market has largely been characterized by overwhelming highs and devastating lows. The first few months of 2025 have further confirmed the volatile nature of these tokens, to the point that a vocal part of the crypto community believes that their recent lows have marked the end of the meme coin lifecycle.
These claims are not unfounded, especially now that the US President has become a meme coin player. When Trump launched his meme coin in mid-January, TRUMP reached a market capitalization of nearly $8.8 billion, a number never before seen by a meme coin launch.
When insider traders capitalized on the surge to sell off their holdings and retain millions of dollars in gains, retail investors bore the brunt of the massive sell-off, suffering hundreds of thousands of dollars in losses.
“The decline in meme coin market cap since January can be attributed to a combination of market dynamics and sentiment shifts. A key driver was the rapid rise and subsequent crash of the TRUMP token, which drew significant market capital due to its viral appeal but collapsed sharply, eroding investor confidence and triggering a broader risk-off sentiment,” Eric He, Community Angel Officer and Risk Control Adviser at LBank told BeInCrypto.
After similar experiences with the MELANIA token and the LIBRA launch, some of these retail investors realized that meme coins —as unregulated and unpredictable as they are— may not be the best investments.
Is the Meme Coin Frenzy Coming to a Halt?
Given the devastating effects that these episodes have had on the meme coin market, trading has reduced significantly. The crypto community seems to have become saturated with news of pump-and-dump schemes and rug pulls, likely contributing to a halt in the meme coin frenzy.
The total meme coin market capitalization has been free-falling since January’s peak following the presidential token launches. Now, its levels resemble those of September 2024. The greater economic downturn that traditional and crypto markets experienced over the past several weeks has only worsened prospects.
Yet, despite this downward pressure, the market still experiences a high level of activity. It has a $14.5 billion trading volume and a $57 billion market capitalization.
Total meme coin market capitalization. Source: CoinGecko.
According to the LBank team, the meme coin industry is due for a revival.
LBank’s Belief in the Revival of the Meme Coin Market
Though the decline in meme coin performance has been significant, the LBank team expressed that these circumstances are far from unexpected. Meme coins are inherently tied to community support and social momentum.
The sustained trading volumes and large market capitalization serve as tangible indicators that, even in a downturn, the market is seeing active community engagement and liquidity. Investors still see value in the tokens’ cultural and speculative appeal.
“We see it as a healthy market correction rather than a fundamental shift. Meme coins have always been volatile, but the fact that trading volumes remain high shows continued interest. What’s happening now is not the end of the trend—it’s just a recalibration before the next wave,” Mario Iemma, Head of Spanish Markets at LBank, told BeInCrypto.
In fact, Iemma believes that meme coins will not be dying out anytime soon.
AI agents represented the first significant shift in the evolution of the cryptocurrency industry. These autonomous systems proved that they could make decisions and perform tasks independently. This technology enhances intelligence, adaptability, and fairness in financial mechanisms.
Now, developers have unlocked artificial intelligence’s potential on tokens. Systems like Grok have already made news by using AI to automatically and independently design and launch tokens.
However, with a nascent technology like AI, the LBank team emphasized the need for responsible and thorough deployment for the long-lasting success of AI-generated tokens. This success hinges on two particular factors: accessibility and security.
Security and Accessibility Challenges for AI-Generated Tokens
The concept of security is frequently associated with any emerging technology. Artificial intelligence is no exception, especially in a particularly unregulated industry like crypto.
According to He, AI-generated token projects’ degree of security and transparency will determine their success.
Iemma agreed, adding that if AI-generative tokens become widely accessible, this development will also require additional layers of oversight.
“That same accessibility demands better filters, vetting, and AI-based security audits—areas where exchanges like LBank are already investing resources,” he said.
While reflecting on the security risks associated with artificial intelligence and the breaches in consumer trust that meme coins have had on the crypto community, the LBank team also emphasized the need for greater regulation in the industry.
The development of cryptocurrency regulations varies significantly across the globe. Notably, the European Union implemented comprehensive rules almost five months ago, while key markets such as the United States are still establishing adequate frameworks.
MiCA’s Effect on the European Crypto Market
Last December, with the implementation of the Markets in Crypto-Assets (MiCA) regulation, the European Union became the first jurisdiction to establish a comprehensive and unified regulatory framework for crypto-assets across all its member states, marking a significant milestone.
According to the LBank team, MiCA gives users and institutions a trustworthy framework. This development has proven critical for industry growth across the region.
“MiCA has forced firms to become more transparent and compliant, which is a good thing for long-term trust. We’ve seen exchanges accelerate their legal and operational upgrades. For users, it creates a safer, more predictable environment,” Iemma said, adding, “With clearer rules, banks and investment firms are more willing to explore crypto partnerships, custody solutions, and even tokenized assets. Regulation reduces reputational risk, and MiCA is helping bridge that gap.”
However, this experience can be largely attributed to established firms in the industry and investors with access to substantial resources. Other players, however, have struggled to gather the requirements to apply for a MiCA license.
Future Accommodation for Smaller Crypto Businesses
In discussing the impact of MiCA since its enactment last December, He highlighted how different industry players have responded to the landmark regulation. He noted that startups struggle the most to obtain an operational license.
When evaluating the cost-effectiveness of an operational license, He’s conclusions make sense.
MiCA is an expensive regulation. It mandates minimum capital requirements based on the crypto services offered. These requirements range from €50,000 for advisory and order-related services to €125,000 for exchange and trading platforms and up to €150,000 for custody services. Businesses must maintain this capital as a financial safeguard.
Beyond minimum capital requirements, companies must factor in government and legal fees, local presence costs, bank setups, and ongoing operational costs. But for prominent exchanges like LBank, the benefits outweigh the costs.
Future MiCA updates could address the high compliance costs for smaller businesses. Meanwhile, other regions developing their crypto regulations should consider this aspect to avoid creating similar barriers.
