Robinhood Markets Inc. has announced plans to expand into Asia, with its regional headquarters to be based in Singapore. Following its entry into the UK earlier this year, the company continues to introduce its services to new markets. CEO Vlad…
Robinhood to Buy TradePMR for $300 Million in Wealth Push
Robinhood Markets Inc., is making significant strides in expanding its reach. The acquisition of TradePMR, a custodial and portfolio management platform tailored for registered investment advisors (RIAs), is a pivotal step in Robinhood’s journey to attract wealthier investors. The deal,…
Vlad Tenev on the Bitcoin Rally and ‘Trump Pum: Why 24-Hour Trading Could Be the Next Big Thing
The Bitcoin rally is gaining attention, with Robinhood CEO Vlad Tenev linking it to what he calls the “Trump Pump.” Speaking with CNBC in a recent interview, Tenev said that the financial markets are optimistic about cryptocurrency innovation under Donald…
Robinhood Adds Solana, XRP, Cardano and Pepe : Hits ATH
Retail brokerage Robinhood Markets Inc. is expanding its offerings in the cryptocurrency space, allowing US users to trade popular digital assets including Solana, Cardano, XRP, and Pepe. This new addition to Robinhood’s cryptocurrency lineup comes as investor optimism grows, spurred…
Robinhood Revolut Consider Entering $170 Billion Stablecoin Market
In recent years, the digital asset sector has witnessed exponential growth, driven largely by stablecoins such as USDT and USDC. Companies like Robinhood Markets Inc. and Revolut Ltd. have started evaluating the potential of launching their own stablecoins, aiming to…
Ark Invest Purchases $29 Million Shares of Robinhood and Coinbase After a $1.2 Trillion Liquidation
On Monday, the crypto market recorded massive liquidations reaching more than $1.2 trillion within a day. In this article, we will explore how Ark Invest purchased crypto stocks despite the massive liquidations and its significance. $1.2 Trillion Crypto Liquidations Image…
Robinhood acquires crypto exchange Bitstamp for $200 million, expanding into institutional crypto.
Robinhood Markets Inc. has announced a major acquisition, purchasing the European cryptocurrency exchange Bitstamp Ltd. for $200 million. This strategic move marks Robinhood’s expansion beyond its home market in the US and into the institutional cryptocurrency business. The deal, which…
Robinhood Posts $157 Million Profit Amid Crypto Surge and SEC Scrutiny
Robinhood Markets Inc., a prominent financial services company, has recently reported its second consecutive quarterly profit, benefiting from higher interest rates and the surging popularity of cryptocurrency trading. This article explores the factors contributing to Robinhood’s financial success while highlighting…
SEC Issues Warning to Robinhood Over Crypto Business Amid Regulatory Crackdown
The US Securities and Exchange Commission (SEC) has issued a warning to Robinhood Markets Inc., a renowned stock trading platform, regarding its crypto business. This development signifies the SEC’s unwavering commitment to its ongoing crackdown on digital assets. In response,…
Robinhood and Uniswap Team Up to Ease Crypto Buys for American Customers
In a recent announcement, Robinhood, a popular online brokerage, unveiled an exciting update that brings added convenience to users of the Uniswap mobile app. Thanks to the integration of Robinhood Connect, individuals can now purchase crypto assets directly using their…
How did a hacker spike Bitcoin by hacking SEC account?
In a recent high-profile case, an Alabama man was arrested for allegedly hacking into the Securities and Exchange Commission’s (SEC) X account. This incident has drawn significant attention due to its potential impact on the financial markets and the cunning…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
