Prominent investor Kevin O’Leary has issued a stark contrarian view, challenging the market’s overwhelming expectation for a December Federal Reserve interest rate cut. Citing persistent inflation pressures, O’Leary argues the Fed will hold steady and that Bitcoin’s price will remain largely unaffected, trading within a narrow 5% band of current levels. This skepticism stands in direct opposition to traders who have aggressively priced in easing, fueling a significant recovery in Bitcoin from recent lows.
about O'Leary Doubts December Fed Cut, Sees Bitcoin StableKevin O'Leary
0 posts last weekO’Leary: AI & Blockchain to Revolutionize Retail Payments
Shark Tank investor Kevin O’Leary predicts AI will automate most retail purchases while blockchain handles payments, calling this combination the ‘next revolution in business.’ The venture capitalist envisions AI systems making autonomous buying decisions and blockchain technology processing transactions seamlessly across major retailers like Walmart and Target, fundamentally transforming the consumer retail experience.
about O'Leary: AI & Blockchain to Revolutionize Retail PaymentsKevin O’Leary: Stick to Bitcoin & Ethereum for Crypto Gains
Renowned investor Kevin O’Leary has delivered a clear message to cryptocurrency investors: focus exclusively on Bitcoin and Ethereum to capture the market’s potential. In a recent interview with Al Arabiya English, the Shark Tank star warned against diversifying into what he calls ‘irrelevant tokens,’ arguing that these two leading cryptocurrencies alone can deliver the majority of the market’s volatility and yield. His comments, shared via social media platform X, reflect a strategic approach gaining traction among institutional investors seeking proven crypto assets.
about Kevin O'Leary: Stick to Bitcoin & Ethereum for Crypto GainsFenwick & West Seeks Dismissal in FTX Fraud Lawsuit
Fenwick & West is seeking dismissal of a lawsuit that accuses the firm of playing a key role in FTX’s collapse, arguing it had no knowledge of the fraud and merely provided standard legal services. The lawsuit, filed in 2023, includes numerous defendants such as Binance, celebrities, and sports figures. Fenwick contends that the allegations mirror those previously dismissed against another FTX advisor, Sullivan & Cromwell, and that plaintiffs have failed to prove any awareness of wrongdoing. The motion follows FTX’s 2022 bankruptcy, which revealed misuse of client funds and resulted in prison sentences for executives including Sam Bankman-Fried.
about Fenwick & West Seeks Dismissal in FTX Fraud LawsuitRobinhood Q2 Revenue Hits $989M, Profits Surge
Robinhood posted a strong second-quarter performance, with $989 million in revenue—a 45% year-over-year increase—and $386 million in profits, surpassing analyst forecasts. While crypto trading revenue fell quarter-over-quarter to $160 million, options and equities trading saw gains. The company’s stock has surged 184% year-to-date, outpacing competitors like Coinbase. Robinhood is expanding its crypto offerings, including developing an Ethereum layer-2 network and acquiring Bitstamp and WonderFi. Despite regulatory challenges, the firm continues to innovate, recently launching tokenized stock trading in Europe and perpetual futures trading.
about Robinhood Q2 Revenue Hits $989M, Profits SurgeAI Cuts Customer Costs, Key for Investments: O’Leary
Kevin O’Leary, a prominent investor, emphasizes that AI drastically lowers customer acquisition costs, a critical factor for businesses. He highlights that content creation and multimedia marketing expenses have surged by up to 10x in recent years, but AI can reduce these costs by 60%. Companies neglecting AI adoption may become unattractive to investors, as efficiency gains are now a key metric for profitability and scalability in competitive markets.
about AI Cuts Customer Costs, Key for Investments: O'LearyRobinhood Launches Micro Futures for BTC, SOL, XRP
Robinhood announced the launch of micro futures for Bitcoin (BTC), Solana (SOL), and XRP, starting June 27th, offering retail traders lower margin requirements and streamlined execution. The platform initially introduced crypto futures in January 2025 with BTC and ETH, later expanding due to investor demand. In April, CME Group announced XRP futures would be available on Robinhood, aligning with the firm’s goal to broaden retail access to crypto derivatives. Robinhood’s aggressive expansion includes acquiring Canadian crypto firm WonderFi for $179 million and Luxembourg-based Bitstamp for $200 million, strengthening its global footprint. At the time of writing, BTC, SOL, and XRP were trading at $106,851, $141.35, and $2.09, respectively.
about Robinhood Launches Micro Futures for BTC, SOL, XRPFinancial Advisor Urges 40% Bitcoin Allocation in Portfolios
Bitcoin’s adoption has shifted dramatically, with financial advisors like Ric Edelman now recommending allocations as high as 40%—a stark contrast to earlier conservative suggestions of 1-5%. Edelman argues that traditional portfolio strategies, such as the 60/40 stocks-bonds split, are outdated in today’s market, where higher-risk assets like Bitcoin offer better returns. He highlights Bitcoin’s growing acceptance as a reserve asset by nations like the US, marking a significant departure from past skepticism. This shift underscores Bitcoin’s potential to enhance modern portfolio theory by delivering superior returns compared to traditional asset classes.
about Financial Advisor Urges 40% Bitcoin Allocation in PortfoliosShaquille O’Neal Settles FTX Lawsuit for $1.8M
Retired NBA superstar Shaquille O’Neal will settle a lawsuit related to his endorsement of the now-defunct crypto exchange FTX for $1.8 million, according to court filings. The lawsuit alleged that O’Neal and other high-profile celebrities, including Stephen Curry, Tom Brady, and Gisele Bündchen, failed to perform due diligence before promoting FTX, which collapsed in 2022 due to fraud and mismanagement by its CEO, Sam Bankman-Fried. O’Neal, who received $750,000 for his endorsement, initially agreed to a settlement in April, though the amount was undisclosed at the time. Bankman-Fried was later convicted and sentenced to 25 years in prison. The settlement is still awaiting court approval.
about Shaquille O’Neal Settles FTX Lawsuit for $1.8MO’Leary Slams Warren Over Crypto Bill and Trump Ties
Kevin O’Leary, entrepreneur and ‘Shark Tank’ investor, strongly criticized Senator Elizabeth Warren for politicizing the GENIUS Act, a bipartisan bill proposing the first U.S. regulatory framework for stablecoins. Warren had warned that the bill could allow President Trump to profit from USD1, a Trump-linked stablecoin tied to a $2 billion foreign crypto deal. O’Leary dismissed her claims as ‘deranged,’ arguing that the bill is crucial for modernizing the financial system and reinforcing the dollar’s global dominance. The revised bill, which exempts the president and vice president from certain restrictions, advanced in the Senate after earlier opposition. Warren continues to oppose it, alleging potential corruption, while O’Leary sees it as a strategic move for U.S. financial leadership.
about O'Leary Slams Warren Over Crypto Bill and Trump TiesKevin O’Leary Bets Big on HBAR Amid Regulatory Uncertainty
At Consensus 2025, Kevin O’Leary disclosed his substantial holdings in HBAR and other cryptocurrencies like Solana and Polygon, emphasizing their utility. He attributed HBAR’s stagnation to unclear U.S. regulations, which deter institutional investors. Meanwhile, HBAR’s recent gains have evaporated, with trading volumes plunging to $231 million and technical indicators signaling weakening momentum. O’Leary remains optimistic about crypto’s future, predicting massive adoption within five years, driven by cross-border payment efficiencies. The appointment of a crypto-friendly SEC Chair, Paul Atkins, could pave the way for clearer regulations, potentially revitalizing the market.
about Kevin O’Leary Bets Big on HBAR Amid Regulatory UncertaintyRobinhood Acquires WonderFi for $179M to Enter Canada
Robinhood is set to expand into the Canadian crypto market by acquiring WonderFi, a Vancouver-based firm operating exchanges Bitbuy and Coinsquare, in a $179 million all-cash deal. The acquisition represents Robinhood’s first major move into Canada, following its European expansion efforts. WonderFi, backed by Shark Tank’s Kevin O’Leary, holds $2.1 billion in assets under custody, while Robinhood reported $27.4 billion in crypto holdings for Q1 2024. Analysts see this as a strategic step, potentially generating $250 million in annual revenue for Robinhood long-term. Both companies saw significant stock price jumps post-announcement, with Robinhood shares up 6.4% and WonderFi’s surging 34%. The deal aligns with Robinhood’s broader crypto expansion, including its pending acquisition of Bitstamp.
about Robinhood Acquires WonderFi for $179M to Enter Canada