Robinhood Sees 40% Revenue Growth in Q2
TL;DR Robinhood reported a 40% increase in revenue to $682 million, thanks to a resurgence of meme stocks and interest in cryptocurrencies. The company acquired...
Tag : Robinhood
Ark Invest Takes Profits Following the Rise in Coinbase Shares
TL;DR ARK Invest sold a significant portion of its shares in Coinbase due to the increase in their price. This profit-taking strategy is part of...
Robinhood Announces Listing of Bitcoin ETFs After SEC Approval
In an exciting update from Washington, Robinhood CEO Vlad Tenev announced the U.S. Securities and Exchange Commission’s (SEC) decision to approve Bitcoin ETFs....
Ark Invest Cashes Out on Coinbase Shares as Bitcoin Prices Soar
Cathie Wood’s Ark Invest, a prominent investment management firm, has reportedly sold $5.3 million worth of shares in Coinbase Global Inc. This move comes amid...
How Robinhood Lost 68% of Its Crypto Volume in a Single Month
Robinhood, the popular trading app that offers commission-free trading of stocks, options, and cryptocurrencies, has seen a sharp decline in its crypto trading volume in...
Robinhood Becomes the newest Victim of the SEC’s Regulatory Investigation
The recent announcement by Robinhood reveals that the firm was subpoenaed by the SEC back in December 2022. The firm stated that it received a...
Bitcoin SV (BSV) Falls by 8% as Robinhood Plans to Delist the Coin
The financial services company located in the US, Robinhood Markets, has announced the suspension of Bitcoin SV (BSV), commonly known as Bitcoin Satoshi’s Vision, on...
Robinhood adds support to send and receive MATIC on the Polygon network
Robinhood has revealed that the MATIC token may now be sent and received on both the Polygon and Ethereum networks on its platform....
Robinhood Lays Off 23% of Its Employees
The trading app Robinhood, which pioneered one-click trading and helped drive last year’s meme stock craze, said on Tuesday that it would be cutting off around...
New York Financial Regulator Fines Robinhood’s Crypto Division $30 Million
The New York State Department of Financial Services (NYDFS) disclosed that it had fined Robinhood’s cryptocurrency subsidiary $30 million on Tuesday....