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
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
The cryptocurrency markets have surged from a period of consolidation, showing an upswing since the commencement of the final quarter. Over the past few days, the crypto sphere witnessed the liquidation of more than $120 million in leveraged Bitcoin positions, propelling the BTC price beyond the $44,280 mark. Additionally, Robinhood
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
On Wednesday, Cathie Wood’s ARK Invest made a second strategic move in the market, capitalizing on the crypto and fintech sectors. ARK sold 38,668 shares of Coinbase (COIN) from its Ark Fintech Innovation ETF (ARKF), amounting to $5 million. This decision followed the earlier sale of 43,956 COIN shares on
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
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
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
Since announcing that it will begin serving customers in Nevada, U.S., Robinhood, the California-based cryptocurrency trading platform, has garnered the attention of crypto market aficionados. The platform will support 15 cryptocurrencies, according to the statement. Robinhood shared the exciting news with cryptocurrency investors on Twitter on October 25. Robinhood Crypto
Robinhood has reportedly reached a deal with the US Marshals Service to buy back shares. As a result, the firm plans to repurchase $605.7 million worth of shares from Sam Bankman-Fried’s (SBF) Emergent Fidelity Technologies. Following the bankruptcy filings of SBF’s FTX and Emergent last year, the equities in issue
