Robinhood

Robinhood Partners With Arbitrum to Optimize Swaps on Web3 Wallet

Online stock and crypto brokerage firm Robinhood has teamed up with the management team of the Ethereum-based layer-2 network Arbitrum to give its wallet users access to swaps on the protocol. According to a release seen by CryptoPotato, the duo announced the alliance on February 29 at the ETHDenver 2024 event in Colorado, saying the...
Read More

Here’s by How Much Robinhood’s Crypto Revenues Increased in Q4 23

Robinhood’s quarterly results are in – and they have once again beaten expectations, if only by a marginal amount. Although Robinhood has by no means been spared the aftershocks felt throughout the crypto market and the larger economic sector, things are looking up for the popular trading firm. Revenues Are Up, Costs Are Down Overall,...
Read More

Robinhood Plans to List Spot Bitcoin ETFs ‘ASAP’

Robinhood CEO Vlad Tenev announced today that the company would list Bitcoin ETFs on its platform. The statement follows the landmark decision by the Securities and Exchange Commission (SEC) approving spot Bitcoin ETFs. SEC’s Approval to Integrate Crypto with Traditional Finance “We’ve been ahead of the curve in crypto access, and we plan to list...
Read More

Robinhood’s Crypto Trading Volumes Surge 75% in November

Cryptocurrency trading volumes on Robinhood experienced a significant increase in November by approximately 75% above the levels recorded in October, based on early results disclosed by the company. However, equity trading volumes and options contracts traded in November remained relatively consistent, aligning with the levels observed in October, according to a Form 8-K filing submitted...
Read More

Robinhood Identified to Be Mysterious Wallet and 3rd Largest Holder of Bitcoin: Data

Bitcoin wallet address that accumulated $3 billion worth of BTC in three months to become the 3rd largest wallet address belongs to the investing and trading platform Robinhood. The wallet had attracted attention dividing the market observers into speculating whether it belonged to Winklevoss-led Gemini or asset management giant BlackRock. However, Arkham Intelligence data showed...
Read More

Here’s How Much Shiba Inu (SHIB) Robinhood Added in 20 Days

Arkham Intelligence has identified Robinhood as the fifth-largest holder of Ethereum (ETH) and holder of 34 trillion Shiba Inu (SHIB) tokens. Earlier this month, Arkham Intelligence also named Robinhood as the owner of the third-largest Bitcoin wallet, with holdings equivalent to around $3.2 billion. Our identification of Robinhood as the owner of the third-largest Bitcoin...
Read More

Robhinood Holds the 5th Largest ETH Wallet Worth Over $2.5 Billion: Data

US-based investing and trading platform giant Robinhood has been identified as the owner of the fifth largest Ethereum (ETH) wallet address, accounting for the second-largest crypto holding in its portfolio after Bitcoin (BTC). The company’s wallet app recently added support for Bitcoin and Dogecoin while including an Ethereum swap feature. Robinhood Has 1.493 Million ETH...
Read More

Robinhood Repurchased Sam Bankman Fried’s Stake For $605 Million

Crypto and stock trading platform Robinhood (HOOD) has executed a nine-figure buyback of its own shares from FTX’s former executives, including disgraced boss Sam Bankman-Fried and his fellow co-founder Gary Wang. The purchase secured 55,273,469 HOOD shares worth $605.7 million. Robinhood entered into the purchase agreement with the United States Marshal Service (USMS) on August...
Read More

Robinhood Cuts Staff Again as Trading Volume and Engagement Dwindle

On June 26, Robinhood Markets said it was cutting about 7% or 150 of its full-time employees. The move comes as the firm struggles with reduced customer engagement. It stated: “We’re ensuring operational excellence in how we work together on an ongoing basis. In some cases, this may mean teams make changes based on volume,...
Read More

Robinhood Delists Solana (SOL), Cardano (ADA), Polygon (MATIC) After SEC’s Claims

US-based trading firm Robinhood announced the delisting of Solana (SOL), Cardano (ADA), and Polygon (MATIC) after the Securities and Exchange Commission (SEC) labeled them as securities in the suits against two crypto heavyweights. The company, which recently ventured into crypto, said the SEC’s claim cast a cloud of uncertainty around these assets and, as a...
Read More

Robinhood ‘Actively’ Reviews Crypto Offering After SEC Widens Industry Crackdown

Robinhood Markets is weighing on its crypto offerings according to the firm’s legal chief Dan Gallagher amid intensified crackdown on the industry. The move comes as the securities regulator targeted a broad swath of the digital asset market, launching a pair of lawsuits against two heavyweights – Binance and Coinbase – that together account for...
Read More

Robinhood Q1 Revenue Up 16%, But Not In Crypto

Stock and crypto investing app Robinhood reported $441 million in net revenue in Q1 2023, up 16% from the previous quarter. Its increased numbers, however, did not come from its crypto business – which appears to be trending in the opposite direction. Crypto Down, Interest Up Per the company’s first-quarter results report on Wednesday, Robinhood’s...
Read More

Robinhood to Pay Over $10 Million in Penalties to Numerous US States for Harming Investors

The California Department of Financial Protection and Innovation (DFPI) joined a multi-state settlement with Robinhood, which will pay approximately $10.2 million in fines for registering operational deficiency that negatively affected investors during the COVID-19 crisis. The crypto-related company was slapped with another $30 million penalty last summer by the New York State Department of Financial...
Read More

Robinhood Rolls Out Wallet App Worldwide for IOS

Online brokerage firm Robinhood rolled out its crypto wallet app worldwide for IOS users on Wednesday.  The app will support both the Ethereum network and its Layer 2 scaling solution, Polygon – but not Bitcoin.  Robinhood’s Web3 Wallet Per a blog post from Robinhood, the firm’s wallet app has now rolled out to a waitlist...
Read More

SEC Issued Subpoena to Robinhood Over its Crypto Operations

Robinhood Markets said it received an investigative subpoena from the US Securities and Exchange Commission (SEC) in December. The agency’s move is part of a major crackdown against the digital asset industry after the dramatic collapse of Sam Bankman-Fried’s crypto empire last year. The disgraced crypto mogul was recently hit by fresh criminal charges relating...
Read More

Robinhood Crypto Trading Volume Shot Up 95% in January

Robinhood’s cryptocurrency trading volume hit $3.7 billion last month, a 95% increase compared to December 2022.  Contrary to the good start of the year, the 2022 bear market took its toll on the firm’s crypto revenue. It also dismissed nearly a third of its total headcount. Starting off on the Right Foot The cryptocurrency market...
Read More

Robinhood Crypto Revenue Drops By 25% Over Last Quarter

Robinhood recently announced its FY2022 Q4 results, laying out the profits and losses of its popular retail investor-friendly trading platform. The numbers, although overall positive, were a mixed bag – with traditional asset classes outperforming crypto. However, it’s worth noting that this may soon change. After all, Robinhood’s crypto wallet was, until recently, limited to...
Read More

SBF’s Holding Company Emergent Technologies Also Files for Bankruptcy

The latest company in relation to the disgraced FTX founder to file for bankruptcy is the holding firm owned by him and Gary Wang – Emergent Fidelity Technologies. It’s headquartered in Antigua and Barbuda and reportedly had just $20 million in cash and no other assets. The filings for Chapter 11 were submitted late on...
Read More

Robinhood’s Twitter Hacked, Used to Promote Scam Token

Robinhood is a platform well-known for its user-friendly approach to stocks, allowing them to make investments quickly in a variety of ways. It also enables them to buy crypto and is a household name among such investors. However, Robinhood is primarily a stock trading platform and, as such, does not have a proprietary cryptocurrency. That...
Read More

DOJ Seizes $470 Million in Robinhood Shares From FTX Executives

Sam Bankman-Fried (SBF) and his former right-hand, Gary Wang, are unable to retain ownership of almost half a billion dollars worth of Robinhood shares, according to a court document dated January 6th.The US Department of Justice (DOJ) has seized the executives’ holdings in response to charges of wide-ranging fraud against Bankman-Fried and FTX, with which...
Read More

US Government to Seize $465M Worth of Robinhood Shares Linked to SBF (Report)

The American authorities have reportedly seized or will soon confiscate 56 million shares of Robinhood tied to the former CEO of FTX – Sam Bankman-Fried (SBF). The 30-year-old recently sought help from a United States Bankruptcy Court to obtain control of the HOOD stocks.  SBF Takes Another Punch According to a Bloomberg coverage, the American government...
Read More

SBF Took $546M Loan From Alameda to Buy Robinhood Shares

FXT founder and former CEO Sam Bankman-Fried (SBF) borrowed over $546 million from his trading house, Alameda Research, to purchase a 7.6% stake in Robinhood earlier this year. According to an affidavit filed in the High Court of Justice Antigua and Barbuda on December 12 before the arrest of SBF, the former billionaire teamed up...
Read More

FTX Battles for Control of $450M Robinhood Shares in US Bankruptcy Court

Sam Bankman-Fried’s bankrupt cryptocurrency exchange FTX is seeking help from a United States Bankruptcy Court to gain control of $450 million worth of Robinhood shares. The portfolio holds 56 million brokerage shares owned by Emergent Fidelity Technologies, a corporate entity incorporated in Antigua and Barbuda. In March, these shares represented a 7.6% stake in Robinhood...
Read More

Citi Downgrades Robinhood Stock to Neutral, Cites FTX Fallout Concerns

Citi downgraded Robinhood Markets (HOOD) stock to ‘Neutral’ from ‘Buy’ due to potential risks from upcoming market structure proposals by the United States SEC, a cautious equity market outlook, and the impact of bankrupt-platform FTX spilling over the crypto trading revenue and client base. The analyst stated that the timing of that is “uncertain.” It...
Read More

BlockFi Sues SBF Over Robinhood Shares After Filing for Bankruptcy: Report

Shortly after filing for Chapter 11 bankruptcy protection, the distressed crypto lender has gone after Sam Bankman-Fried’s Emergent Fidelity Technologies entity. BlockFi’s filing involves shares of Robinhood that the once-FTX boss purchased earlier this year. The US-based crypto lender filed for bankruptcy yesterday in a New Jersey court, as reported, but also launched a lawsuit...
Read More

Robinhood’s Crypto Revenue Dropped by 12% Last Quarter

As the valuation of cryptocurrencies wanes across the board, so do the revenues of platforms dealing with them. Although primarily a stock trading platform, Robinhood added crypto to its portfolio back in early 2022. At the time, over 1.2 million people were on the waiting list to get a piece of the digital asset pie....
Read More

Robinhood Crypto Fined $30 Million by New York Regulator

Robinhood Crypto – the cryptocurrency-focused unit of the online brokerage firm – has been slapped with a $30 million fine by the New York State Department of Financial Services (NYDFS). The department alleged on Tuesday that Robinhood violated both anti-money laundering and cybersecurity regulations, by neglecting to certify adequate programs for each. As a result,...
Read More

FTX’s CEO Denies Rumors of Planning to Buy Robinhood

FTX is not planning to buy Robinhood. The CEO of crypto exchange, Sam Bankman-Fried, refuted rumors about any such deal. According to the latest report, SBF said he is excited about Robinhood’s business prospects and collaboration in the future but clarified that FTX was not exploring opportunities to acquire the financial service company. I have...
Read More

Crypto Exchange FTX is Exploring a Robinhood Buyout: Sources

Sam Bankman-Fried (SBF)’s crypto exchange FTX is examining pathways by which it can acquire Robinhood, according to people with knowledge of the matter. As reported by Bloomberg on Monday, FTX is having internal deliberations on how it can buy out the brokerage app. The source of the information chose to remain anonymous, as this matter...
Read More

Binance US Offers Zero Trading Fees for Bitcoin Spot Pairs

Binance US – the US-based division of the world’s largest crypto exchange – announced a new pricing model that offers zero fees for four bitcoin trading pairs, including BTC/USD, BTC/USDT, BTC/USDC, and BTC/BUSD. The crypto giant becomes the first American exchange that makes such a service available to its users. The elimination of such trading...
Read More
1 2

Buy Bitcoin with Credit Card

BitMex Leverage Trading

Automated Trading Bot

Bitcoin (BTC) $ 70,826.98 2.26%
Ethereum (ETH) $ 3,556.23 1.13%
Tether (USDT) $ 1.00 0.07%
BNB (BNB) $ 582.05 1.38%
Solana (SOL) $ 187.28 1.13%
Lido Staked Ether (STETH) $ 3,545.00 0.99%
XRP (XRP) $ 0.626057 1.92%
USDC (USDC) $ 1.00 0.01%
Dogecoin (DOGE) $ 0.218414 17.35%
Cardano (ADA) $ 0.649339 0.26%