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Robinhood Markets, the popular brokerage platform bidding for traction in the cryptocurrency space, has announced the development of a layer-2 blockchain and unveiled a suite of products and services as it expands its crypto offering. The announcement by Robinhood on…
Markets
Robinhood’s stock price has surged for nine consecutive weeks and is now hovering at its highest level on record. Robinhood, whose ticker symbol is HOOD, rose to nearly $92, up 200% from its April lows and 1,042% from its lowest…
Recap
The latest weekly recap includes Vitalik Buterin’s critique of Worldcoin’s digital identity ambitions and treasury firms continued doubling down on Bitcoin.
Markets
Bitcoin rallied past the $110,500 level on Monday. The largest crypto is down nearly 2% as bullish momentum slowly fades. Interestingly, US crypto-linked stocks rose alongside Bitcoin and are currently consolidating alongside the largest crypto.Â
BTC
Bitcoin
News
Robinhood’s stock has rallied hard in recent weeks on hopes of being added to the S&P 500 index, but many investors were disappointed with the announcment that S&P Dow Jones Indices will make no changes to the S&P 500 lineup…
Recap
This week’s crypto roundup captures a whirlwind of activity across markets and politics, including Elon Musk's feud with Trump, and meme coin prices tumbled.
News
Robinhood has officially closed its $200 million all-cash acquisition of Bitstamp, one of the world’s oldest cryptocurrency exchanges. The all-cash deal, announced on June 2, brings Bitstamp’s global operations under Robinhood’s umbrella. Bitstamp holds over 50 active licenses across the…
News
MEW rallied as high as 31% today after securing a listing on popular crypto and stock trading platform Robinhood. According to crypto.news, cat in a dogs world (MEW) surged to a four-month high of $0.0047 on May 23 Asian time,…
MEW
cat in a dogs world
MOODENG
Moo Deng
News
Robinhood announced Tuesday it will acquire Canadian crypto firm WonderFi in a C$250 million (US$178 million) all-cash deal, marking the brokerage’s latest move to grow its global crypto footprint. The deal gives Robinhood access to over C$2.1 billion in assets…
News
Robinhood Markets Inc. is building a blockchain-based platform to allow European investors to trade tokenized U.S. securities, according to Bloomberg. The initiative will likely involve a partnership with a digital-asset firm, with Arbitrum (ARB) and Solana (SOL) being considered as…
News
Robinhood reported one of its strongest quarters yet, with Q1 revenue rising 50% year-over-year to $927 million and net income more than doubling to $336 million. Robinhood reported first quarter results after Wednesday’s closing bell. Earnings per share of 37…
News
Crypto exchange Kraken has announced the launch of commission-free trading for stocks and exchange-traded funds, expanding its product suite beyond cryptocurrencies. Kraken said in an announcement that initial rollout is live for more than 11,000 stocks and exchange-traded funds listed…
BTC
Bitcoin
News
Robinhood has unveiled a new subscription strategy that could see users enjoy perks similar to what Amazon Prime or Costco offers its customers. Vlad Tenev, chief executive officer of Robinhood, said during an interview with CNBC that the company sees…
Markets
Crypto stocks are caught in a brutal free fall, mirroring the market-wide slump in Bitcoin and altcoins. Coinbase, the biggest crypto exchange in the U.S., has crashed from nearly $350 per share in November to $190. This decline has brought…
BTC
Bitcoin
Follow-up
Robinhood and Kalshi have launched a prediction market for the men’s and women’s college basketball tournaments, allowing users to trade event contracts on game outcomes. Robinhood looks to be dipping its toes further into the prediction markets, teaming up with…
News
PENGU, the Pudgy Penguins crypto has soared more than 10% after it was listed on Robinhood trading services. According to data from crypto.news, PENGU (PENGU) has gone up as high as $0.0065757, finally bouncing back from falling to its latest…
Markets
Opinion
