Report Suggests Robinhood Owns Largest Dogecoin Address and Third-Largest BTC Wallet – Featured Bitcoin News
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Shares of cryptocurrency-friendly trading app Robinhood dropped more than 8% in its public Nasdaq debut on Thursday, marking one of the worst initial public offering (IPO) debuts of its size.Robinhood’s HOOD stock tumbled 8.4% below the IPO price in the company’s first trading session on Thursday, dropping from $38 to
Read MoreThe shares are expected to begin trading on the Nasdaq Global Select Market on July 29, 2021, under the ticker symbol “HOOD”.Robinhood, a famous stock and crypto-trading app, is set to debut on the Nasdaq exchange on Thursday following a $32 billion valuation via its initial public offering (IPO). In a
Read MoreRobinhood CEO was met by most of the fury owing to the fact that the app denied retail investors a chance to trade securities amid heightened volatility. The House Financial Services Committee today hosted the GameStop Corp (NYSE: GME) squeeze main participants to unearth what transpired. In attendance were Robinhood CEO
Read MoreRobinhood’s users blamed the brokerage for suspending the trading of GameStop stock and other securities last month, amid a buying frenzy kick-started by retail traders on a Reddit forum. But Robinhood may not have had a choice. Robinhood, after all, is just one player in a public securities market that has
Read MoreThe U.S. House Committee on Financial Services hearing will investigate issues around the recent trading surge for shares of GameStop and other companies. Source
Read MoreRobinhood had earlier put buy limitations on approximately 13 equities including GameStop, Koss, Express, Nokia, Blackberry and others.After limiting buy orders from retail traders at the tail end of last week, stock trading platform Robinhood has removed buy limitations put on highly volatile stocks including GameStop Corp (NYSE: GME) and
Read MoreThe four horsemen of U.S. financial regulation will meet to discuss market manipulation concerns resulting from the headline-grabbing drama surrounding GameStop stock last week. Per a Feb. 2 report from the Wall Street Journal, Treasury Secretary Janet Yellen is gathering the leadership of the Securities and Exchange Commission, the Commodity Futures
Read MoreLast week, Dogecoin exploded with an 800% intraday move. On-chain data looking closely at daily active addresses, however, suggests that the pump and dump was almost entirely driven by Robinhood buyers. Here’s what this means for both sides of the coin. Dogecoin Reignites Retail Interest in Crypto After 800% Rally Dogecoin’s recent rally
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