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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Robinhood has been identified as the third-largest Bitcoin holder, possessing a wallet valued at over $3 billion, trailing only behind Binance and Bitfinex. Recent investigations from several sources have revealed that Robinhood, the popular stock and crypto
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Robinhood transferred some 118,300 bitcoin to the wallet from several other smaller wallets over a three-month period, data shows. These tokens are custodied by crypto trading firm Jump Trading, Arkham representatives confirmed to CoinDesk in a Telegram message. Original Source
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In a swift and intriguing turn of events, a previously enigmatic Bitcoin (BTC) address managed to catapult itself to the esteemed position of the third-largest holder of BTC. As reported by Cointelegraph on Aug. 22, the address in question accumulated a staggering 118,000 BTC.While its identity has now been attributed
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The crypto community is currently buzzing with excitement and curiosity following rumors of Robinhood potentially listing XRP. These rumors come as the
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Despite the fact that the cryptocurrency market is always changing, Dogecoin whales have become a defining force. They are responsible for big
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A US federal appeals court has dismissed a class-action lawsuit against Robinhood Markets over its restrictions on trading 13 meme stocks in early 2021. The class action, involving 16 investors, was filed in September 2021. The plaintiffs
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A United States federal appeals court has upheld a decision to dismiss an investor class action lawsuit against online brokerage firm Robinhood Markets over its meme stock trading debacle in early 2021. A total of 16 investors took part in a class action lawsuit against the trading platform in September
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Robinhood released its second-quarter results, achieving profitability for the first time since becoming a public company, despite a drop in revenue in the second quarter of 2023. According to its quarterly report released on Aug. 2, Robinhood’s revenue from cryptocurrency transactions shrank by 18% to $31 million. Other transaction-based revenues dropped
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In June, Robinhood ended support for all tokens named as securities in the SEC lawsuits against crypto exchanges Binance and Coinbase. Those tokens were Cardano (ADA), Polygon (MATIC) and Solana (SOL). The trading platform currently offers trading for 15 different crypto currencies, including bitcoin (BTC), ether (ETH), dogecoin (DOGE) and
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Cryptocurrency-friendly trading platform Robinhood is moving forward with plans to launch services in the United Kingdom with a new major local appointment.Robinhood has appointed former Barclays executive Jordan Sinclair as the new CEO to run its United Kingdom entity, according to data from the Financial Conduct Authority.According to FCA, Sinclair
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