Uniswap Token Rallies After Being Added to Robinhood’s Crypto Trading Menu
Robinhood's addition of Uniswap sent the token higher Thursday afternoon. Original Source
Read MoreRobinhood's addition of Uniswap sent the token higher Thursday afternoon. Original Source
Read MoreOn its earnings conference call Thursday, Robinhood said it has been refining core crypto infrastructure to "effortlessly" custody and support new coins, tokens and chains. CEO Vlad Tenev said this initiative is part of a process that began last year and Robinhood will soon be able to add new coins
Read MoreOn Thursday, following Robinhood’s listing of shiba inu, the co-founder and CEO of Robinhood, Vladimir Tenev, spoke about dogecoin being the future currency of the internet on Twitter. Tenev’s Twitter thread got a lot of comments and also received responses from the co-founder of the meme-based crypto, Billy Markus, and
Read MorePopular trading app Robinhood has revealed that its international expansion will be “crypto first.” The company said from the regulatory standpoint, crypto is “probably the easiest way to go global.” The trading platform is also looking for compliant ways to list more cryptocurrencies. Robinhood Becoming ‘Crypto-First’ Company Steve Quirk, Robinhood’s chief brokerage
Read MoreTrading platform Robinhood has reported that 40% of its cryptocurrency transaction-based revenue was attributable to transactions in the meme cryptocurrency dogecoin in the third quarter. By comparison, dogecoin accounted for 62% of the company’s transaction-based revenue in the second quarter. Dogecoin Trading on Robinhood Robinhood Markets Inc. stated in its quarterly filing
Read MoreRobinhood had a net loss of $1.32 billion this past quarter, recording a plunge of 78% in revenue from crypto transactions from 2Q. Their shares dropped 12% to $34.80 at 9:46 a.m. in New York, $38 below the IPO price in late July, Bloomberg reported. Robinhood Markets Inc. shares down to
Read MoreThe waitlist for Robinhood’s crypto wallet is now more than one million customers long, Robinhood CEO Vlad Tenev said at CNBC’s Disruptor 50 summit on Thursday.Robinhood announced last month it was planning to roll out a crypto wallet in early 2022 that would allow customers to trade, send and receive
Read MoreRobinhood’s recent disclosure of the major boost that crypto has contributed to its second-quarter financial earnings is worrying some financial analysts, largely due to the “outsized” role that Dogecoin (DOGE) trading has played.In an investor note this week, Wolfe Research’s Steven Cubak warned that “Robinhood’s growth within crypto is nothing
Read MoreFinder, a platform that guides crypto users in making good decisions, ranks Binance ahead of others, as a report on August 15 reveals. The ranking criterion was based on their security levels, compliance with regulations, fees, the intuitiveness of the user interface, and the number of purchasing methods. CEXes meet Various
Read MoreMore than 200,000 Robinhood clients have already expressed their intent to use its new fractional stock trading app announced yesterday.Vladimir Tenev, co-founder at Robinhood, said that the clients were “already in line” for the app, considering the early signs as “really promising,” CNBC reports Dec. 13. After Robinhood’s user
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