{"id":17457,"date":"2022-01-28T13:33:20","date_gmt":"2022-01-28T12:33:20","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=17457"},"modified":"2022-01-28T13:33:26","modified_gmt":"2022-01-28T12:33:26","slug":"robinhood-hoodtrading-profit-drop-as-platform-avoids-memetoken-listings","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/robinhood-hoodtrading-profit-drop-as-platform-avoids-memetoken-listings\/","title":{"rendered":"Robinhood (HOOD)Trading Profit Drops as Platform Avoids Memetoken Listings"},"content":{"rendered":"\n<h5 class=\"wp-block-heading\" id=\"robinhood-hood-one-of-the-most-popular-retail-trading-platforms-reports-record-losses\">Robinhood (<a href=\"https:\/\/coinscreed.com\/staging\/robinhood-hood-suffers-a-70-share-price-drop.html\" data-type=\"post\" data-id=\"14365\">HOOD<\/a>), one of the most popular retail trading platforms reports record losses<\/h5>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"724\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/12\/Robinhood-HOOD-to-release-Crypto-Wallets-Beta-in-January-2022-1024x724.jpg\" alt=\"Robinhood (HOOD)Trading Profit Drop as Platform Avoids Memetoken Listings\" class=\"wp-image-15775\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/12\/Robinhood-HOOD-to-release-Crypto-Wallets-Beta-in-January-2022-1024x724.jpg 1024w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/12\/Robinhood-HOOD-to-release-Crypto-Wallets-Beta-in-January-2022-300x212.jpg 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/12\/Robinhood-HOOD-to-release-Crypto-Wallets-Beta-in-January-2022-768x543.jpg 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/12\/Robinhood-HOOD-to-release-Crypto-Wallets-Beta-in-January-2022-1536x1086.jpg 1536w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/12\/Robinhood-HOOD-to-release-Crypto-Wallets-Beta-in-January-2022-2048x1448.jpg 2048w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/12\/Robinhood-HOOD-to-release-Crypto-Wallets-Beta-in-January-2022-120x86.jpg 120w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/12\/Robinhood-HOOD-to-release-Crypto-Wallets-Beta-in-January-2022-750x530.jpg 750w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/12\/Robinhood-HOOD-to-release-Crypto-Wallets-Beta-in-January-2022-1140x806.jpg 1140w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption>Robinhood (HOOD)Trading Profit Drop as Platform Avoids Memetoken Listings<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"robinhood-hood-trading-profit-fall-short-of-wall-street-s-forecasts\">Robinhood (HOOD) Trading Profit Fall Short of Wall Street's Forecasts<\/h2>\n\n\n\n<p>The company's income from cryptocurrency trading <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-01-27\/robinhood-crypto-revenue-falls-again-as-meme-coin-frenzy-fades?utm_medium=social&utm_source=twitter&utm_campaign=socialflow-organic&utm_content=crypto\" target=\"_blank\" rel=\"noopener\">fell<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a> in the fourth quarter of 2021, according to the <a href=\"https:\/\/coinscreed.com\/staging\/robinhood-reaches-a-new-low-as-bitstamp-usa-and-ftx-us-joins-the-stock-market.html\" data-type=\"post\" data-id=\"16565\">Robinhood<\/a> trading platform revenue report, and fell short of Wall Street's forecasts.<\/p>\n\n\n\n<p>In comparison to the profit realized during the meme coin and token mania in November-October of last year, the drop equaled 6%. <\/p>\n\n\n\n<p>In comparison to the same period a year ago, the corporation has gained 304 percent. Investors, on the other hand, were not pleased with the news, and the company's stock plummeted in post-market trade.<\/p>\n\n\n\n<p>Along with zero-commission transactions, bitcoin trading was a big aspect of Robinhood's offerings. The company was able to sign up a huge number of new users as a result of the campaign, putting it on par with exchanges like Coinbase Global.<\/p>\n\n\n\n<p>Robinhood's digital asset trading revenue hit $233 million in the second quarter of 2021. The quick rise was fueled by a surge in retail interest in digital assets such as Bitcoin and Ethereum.<\/p>\n\n\n\n<p>Tier-2 cryptocurrencies, like as <a href=\"https:\/\/coinscreed.com\/staging\/dogecoin-co-founder-welcomes-el-salvador-president-to-mcdonalds.html\" data-type=\"post\" data-id=\"16955\">Dogecoin<\/a>, later garnered investor attention and accounted for 40% of all crypto earnings.<\/p>\n\n\n\n<p>Previously, a number of crypto influencers, the crypto community as a whole, and the official team of Shiba Inu, one of the most popular memetokens on the market, lobbied Robinhood for a listing of a token with roughly 1.2 million holders.<\/p>\n\n\n\n<p>When responding to the listing request, the platform's CEO, Vlad Tenev, did not specifically address SHIB, but did tell the community that the SEC's oversight is the only reason for the platform's lengthy Shiba Inu listing procedure.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Robinhood (HOOD), one of the most popular retail trading platforms reports record losses Robinhood (HOOD) Trading Profit Fall Short of Wall Street&#8217;s Forecasts The company&#8217;s income from cryptocurrency trading fell in the fourth quarter of 2021, according to the Robinhood trading platform revenue report, and fell short of Wall Street&#8217;s forecasts. In comparison to the [&hellip;]<\/p>\n","protected":false},"author":29,"featured_media":15775,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[5561,5592,5562,6899],"class_list":["post-17457","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-btc-2","tag-dogecoin-2","tag-eth-2","tag-robinhood-news"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/12\/Robinhood-HOOD-to-release-Crypto-Wallets-Beta-in-January-2022.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/17457","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=17457"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/17457\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/15775"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=17457"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=17457"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=17457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}