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“# Robinhood share price down 70% from August high ” As Robinhood struggles with its declining share price, could ramping up its cryptocurrency offerings help boost the company’s outlook? Robinhood is a financial services company that also acts as a retail trading platform for ordinary users. It’s known for meme stocks and currently offers seven…
“# Robinhood exec says proposal for a single digital asset regulator is stupid ” Robinhood’s chief legal officer Dan Gallagher described the idea of creating a new digital asset regulator was “just plain silly” at a conference on Nov. 17. Robinhood is a popular commission-free trading app that offers digital assets, and rival crypto asset…
“# Robinhood COO praises Shiba Inu as crypto wallet waitlist grows to 1.6M ” Robinhood COO Christine Brown has praised the Shiba Inu community but said safety was the platform’s priority over the “short term gain” of listing new tokens. Brown made the comments in an interview for the Crypto Goes Mainstream event streamed live…
“#Robinhood stock drops after hackers stole info on 7M users” Shares of no-fee trading app Robinhood dropped more than 3 percent in premarket trading Tuesday after the company disclosed that hackers made off with the personal information of more than 7 million users last week in a major data breach. Robinhood announced Monday evening that…
“# Cathie Wood’s ARK snaps up $80M Robinhood shares after crypto led price dip ” ARK Invest, the investment management firm focused on innovative tech led by Cathie Wood, took advantage of a dip in the price on Wednesday to buy nearly $80 million worth of Robinhood stock. As per daily trading data, Wood’s ARK…
“# Dogecoin jumps 44% in one day as traders rotate Shiba Inu profits into DOGE ” Dogecoin (DOGE) soared on Oct. 28 amid massive capital rotations out of its top meme coin rival Shiba Inu’s (SHIB) market. Notably, the DOGE price rallied by a little over 44% to reach its intraday high of $0.3449. Its…
“#Bitcoin tumbles amid filing for ETF that would bet against it” The price of bitcoin fell Wednesday morning amid a filing for a new exchange traded fund that will bet against the price of the cryptocurrency. Bitcoin was down almost 7 percent at $58,475 per coin Wednesday morning, down more than 12 percent from its…
“# Robinhood shares tank 10% after crypto revenue falls by three quarters ” Robinhood shares (HOOD) have fallen sharply on the back of the firm’s Q3 results which posted lower than expected crypto trading revenue. The popular retail trading firm published its Q3 report on Oct. 26, with crypto accounting for $51 million (19%) of…
“#Trump SPAC appears to be hurting ‘meme stocks,’ boosting Robinhood” As shares of the “Trump SPAC” get pushed to eye-popping levels, the “meme stocks” that were all the rage on Reddit this spring could be collateral damage, sources told On The Money. Shares of Digital World Acquisition Corp. were trading at less than $10 before…
“#Gary Gensler’s overregulation would sink ‘meme’ markets” BEVERLY HILLS, Calif. — Gary Gensler and his Democratic colleagues on the Securities and Exchange Commission will try to sell their long-awaited report on the “meme stock” trading frenzy as a clarion call for more regulation. But if you remove the report’s propaganda, it shows that our markets…