Cathie Wood’s ARK snaps up $80M Robinhood shares after crypto led price dip
Ark Investment took the opportunity to buy Robinhood shares at a discount following the trading company's unsatisfactory earnings report.
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Robinhood Cryptocurrency Transaction Revenue Slides Nearly 80% in Q3
The millennial-focused Robinhood trading company has posted its third-quarter revenue report on Oct. 26, and things are not looking pretty on the crypto front. The firm stated that digital asset…
Robinhood shares tank 10% after crypto revenue falls by three quarters
Robinhood posted $51 million worth of transaction-based revenue from crypto in Q3, marking a 78% decrease compared to the previous quarter.
Robinhood CEO Says Waitlist for Firm’s New Crypto Wallet Reached 1 Million Customers
On Thursday, Robinhood CEO Vlad Tenev spoke at a conference called the Disruptor 50 Summit and the executive explained that the waitlist for the company’s recently announced crypto wallet has…
Robinhood crypto wallet waitlist hits 1 million people
Robinhood CEO Vlad Tenev said crypto as an asset class is here to “stay” and revealed that over a million users have signed up to the firm’s crypto wallet waitlist.
‘Public’ Adds Cryptocurrency Trading Citing Millions of Investors See Crypto as ‘Compelling Asset Class’
Investing platform Public, with over 1 million users, is rolling out cryptocurrency trading. “Crypto is gaining momentum as a compelling asset class for millions of investors,” the company said. Public…
Robinhood launches 24/7 phone support, crypto users included
An influx of new users to the trading app and high demand for crypto products had previously resulted in longer customer service wait times.
SEC takes action against two meme stock wash traders
The SEC asserts that the defendants unlawfully gleaned more than $700,000 through a wash-trading scheme that targeted exchanges offering market maker rebates.
Dogecoin more popular than ever … even as TXs hit lowest level since 2017
AMC CEO Adam Aron has stated that the cinema giant will look to support Dogecoin movie ticket payments by the end of 2021, and real estate tokenization platform RedSwan is…