FTX exchange is reportedly looking to acquire Robinhood
According to reports, FTX crypto derivatives exchange is considering acquiring the popular crypto trading application Robinhood. Bloomberg stated on Monday that FTX is holding internal discussions about whether to acquire Robinhood, citing people with knowledge of the situation. Although no choice has been made regarding a takeover, FTX is thought to be seriously considering it. […]
Robinhood releases financial reports for Q1 2022
Robinhood, a discount brokerage platform, released its financial reports for the first quarter of 2022 on April 28. Although the company’s net revenue fell by 43% year-over-year to $299 million, it listed four trending tokens in Q1 2022. Specifically, revenue from cryptocurrency trading decreased by 39% to $54 million over the same time period. This […]
Robinhood CEO explains how Dogecoin can become people, internet’s currency
Few days after Robinhood listed the meme currency Dogecoin, the CEO of the platform Vlad Tenev, in a thread of 12 posts on Twitter explained how Dogecoin could become the internet’s future currency. In a recent Twitter discussion, Robinhood CEO Vlad Tenev suggested a few tweaks that might help Dogecoin become the internet’s and people’s […]
Whale interest, Robinhood listing boost this DeFi token by over 20%
The Compound (COMP) token prices have performed well this week. The token soared over 20% in the last 24 hours, making it one of the best-performing cryptocurrencies. Multiple factors have contributed to the jump in the COMP price. Recently, the Compound token was listed on Robinhood alongside three other popular cryptocurrencies. Meanwhile, data from Santiment […]
Robinhood gives away $100k worth of SHIB to 10,000 users
Robinhood app has listed altcoin Shiba Inu (SHIB) after a series of petitions from fans of the meme token, aside from the listing, the platform announced it is giving away $100k worth of SHIB to 10,000 of its users. After recently announcing the addition of Shiba Inu (SHIB), as well as Solana (SOL), Polygon (MATIC), […]