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Search Results for: robinhood

Robinhood Launches Crypto Wallet App on Google Play for Android Users

Robinhood now allows users of Android devices to access its cryptocurrency wallet. The Robinhood Wallet app, as stated in the release on March 20, is now accessible on Google Play. Since then, the app’s download count has topped 10,000. Johann Kerbrat, general manager of Robinhood Crypto, made the announcement on

March 21, 2024 1 min read

Robinhood Adds USD Coin (USDC) to European Platform

More than 25 cryptocurrencies are now available on Robinhood’s platform, thanks to the recent addition of Circle issued USD Coin (USDC) by Robinhood’s European division. Plus, a program allowing USDC holders to receive incentives of up to 10% has been launched by the crypto exchange. In addition, today’s pre-market session

March 14, 2024 1 min read

Ark Invest Sells Coinbase, Nvidia, Robinhood Shares Amid Rally 

Cathie Wood’s investment management business, Ark Invest, has sold shares of Coinbase (COIN), Nvidia (NVDA), and Robinhood (HOOD). This selling pattern is happening in spite of these stocks soared to new highs after reporting better-than-expected earnings.  The firm has sold over $12 million worth of Coinbase shares, $4 million worth

February 25, 2024 2 mins read

Robinhood Teams Up with MetaMask for Seamless Crypto Purchases

Robinhood Markets, Inc., has announced a collaboration with ConsenSys’s MetaMask to make buying cryptocurrency easier. The goal of this partnership is to improve the user experience by combining the efficient order engine of Robinhood with the popular digital wallet of MetaMask. This will make using Web3 technologies easier and safer

February 7, 2024 2 mins read

Robinhood All Set to Offer Spot Bitcoin ETFs on Its Platform

Following the SEC’s historic approval of 11 Spot Bitcoin ETFs on January 10, investors took notice of the Robinhood platform and CEO Vladimir Tenev the following day. Meanwhile, in light of the SEC’s recent landmark ruling, Robinhood’s co-founder and CEO Vladimir Tenev revealed the platform’s prospective intentions in a recent

January 11, 2024 2 mins read

Robinhood Forays Into European Market Eyeing Rapid Expansion

The introduction of commission-free trading by Robinhood Markets Inc. is slated to radically alter the European cryptocurrency industry, according to Bloomberg’s announcement today. The platform is preparing to provide European investors access to more than 25 cryptocurrencies, after announcing its entry into the UK market. Importantly, this expansion falls in

December 7, 2023 1 min read

Robinhood Crypto Trading Volume Surges by 75% in November

The total volume of crypto trading on Robinhood increased 75% month-on-month in November. On December 4th, Robinhood reported in a Form 8-K filing with the U.S SEC that the crypto notional trading volumes for November were over 75% higher than the levels seen in October 2023. Despite this activity, trading

December 5, 2023 1 min read

Robinhood Announces UK Launch Boosting International Outreach

Robinhood said on Thursday that it would launch its platform in the United Kingdom in early 2024. Retail investors in the UK can expect a new age of accessibility and opportunity, similar to the platform’s revolutionary influence in the US, as Robinhood gets ready for its worldwide debut. The platform

November 30, 2023 1 min read

ARK Invest Led by Cathie Wood Buys $9.5M Worth Robinhood Shares

A huge number of shares in Robinhood (HOOD), a renowned trading platform located in the United States, were acquired by Cathie Wood’s ARK Invest the day after the business announced ambitions to expand into Europe. ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW), and ARK Fintech Innovation ETF

November 9, 2023 2 mins read

Robinhood’s CEO Vlad Tenev Envisions a Promising Future for Bitcoin

On a recent earnings call, Robinhood Markets Inc. CEO Vlad Tenev spoke optimistically about Bitcoin’s future and its prospects as a mainstream asset, suggesting that a Bitcoin ETF would be possible in the future. Meanwhile, Tenev provided details on the company’s European development ambitions and the upcoming launch of brokerage

November 8, 2023 2 mins read