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…
Robinhood Wallet Adds Polygon MATIC Cross Chain Swaps in Early Q2 2024
In early Q2 of 2024, Polygon (MATIC) experienced significant growth and integration, despite the relatively lackluster performance of the MATIC price. One notable development during this period is the addition of a new function on the popular stocks and crypto…
Robinhood Exchange Debuts Android Crypto Wallet for Enhanced Digital Asset Management
Robinhood, the cryptocurrency trading platform, has made a significant move in the digital asset space by officially launching its highly anticipated crypto wallet for Android users. This expansion aims to cater to the growing demand for accessible and seamless cryptocurrency…
The $7.5 Trillion Surge in Digital Assets by 2025 with Robinhood at the Forefront
The landscape of digital assets is on the brink of a transformative explosion, with projections estimating the market value to soar to an astonishing $7.5 trillion by 2025. This unprecedented growth trajectory signifies a pivotal moment in the financial sector,…
Robinhood Acquires Over $3 Billion Bitcoin. Are Large Institutions Now Interested in Crypto Holding?
For many weeks, there’s an increment in the chaos in the crypto market. Many whales are engaging in many trades, including buying and selling. Recently, a crypto wallet became the third largest Bitcoin wallet holder. However, the identity of the…
Robinhood’s Crypto Business Practices Under Investigation by SEC
Robinhood’s Crypto Business received SEC Subpoena during the month of December as per the 10-K filing. Robinhood Markets, a leading online brokerage firm, has recently disclosed in its latest 10-K filing that it has received an investigative subpoena from the…
Crypto Hacks Reach $1.58 Billion as Market Values Rise
The world of cryptocurrency has always been a double-edged sword. While the decentralized nature of digital currencies offers a wealth of opportunities, it also presents significant risks, especially in the realm of cybersecurity. In 2024, the crypto industry has seen…
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,…
