Tag Archives: robinhood

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 in its Cold Wallet Data by Arkham Intelligence shows that a Robhinhood cold wallet address holds...

CoinspeakerRobinhood and Jump Trading Part Ways, Leaving Questions Unanswered The termination of this partnership occurred without any announcement, and despite efforts from various news outlets, attempts to gather information from sources have yielded limited results. Robinhood and Jump Trading Part Ways, Leaving Questions Unanswered

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 that Robinhood is, in fact, behind the wallet, which currently holds over $3.08 billion of...

CoinspeakerRobinhood Emerges as Third-Largest Bitcoin Holder with $3B in BTC The emergence of Robinhood as a key BTC holder signifies a potential shift in the digital asset ownership landscape. Robinhood Emerges as Third-Largest Bitcoin Holder with $3B in BTC

CoinspeakerRobinhood Beats Investors Again as Appeal Court Upholds Earlier Rule in Meme Stock Trading Suit Robinhood had earlier motioned for the arguments against it to be completely dismissed. Robinhood Beats Investors Again as Appeal Court Upholds Earlier Rule in Meme Stock Trading Suit

CoinspeakerCrypto-focused Companies Report Profit in Q2 2023 amid Crypto Market Rally Though subdued, it was a positive all-round performance for the crypto market in Q2 2023. Crypto-focused Companies Report Profit in Q2 2023 amid Crypto Market Rally

CoinspeakerGoogle-parent Alphabet Offloads 90% Stake in Robinhood, HOOD Shares Drop 7% Alphabet sold 90% of its Robinhood stake after the trading app announced a profit for the first time as a public company. Google-parent Alphabet Offloads 90% Stake in Robinhood, HOOD Shares Drop 7%

The American investment platform Robinhood released its financial results for the second quarter, revealing that crypto trading revenue plunged by 18% compared to the Q1 figures. One reason behind the downtrend could be the company’s decision to delist certain digital assets, deemed securities by the US SEC, such as Solana (SOL), Cardano (ADA), and Polygon (MATIC). The Latest Numbers Despite reporting solid overall profits in Q2, Robinhood announced that crypto trading...

CoinspeakerRobinhood Eyes UK Market with New Hirings Already Underway Robinhood Markets has listed three jobs for the UK market including a Compliance Officer, Operations Lead, and Senior Risk and Compliance Associate. Robinhood Eyes UK Market with New Hirings Already Underway

Fireblocks’ cloud support comes at a time when more and more institutional investors and corporations are joining the crypto space. Blockchain security service provider, Fireblocks, has expanded its cloud service for crypto custody and settlement. According to the announcement, the service will now include Amazon Web Services (AWS), Google Cloud Platform, Alibaba Cloud, Thales, and Securosys. Cloud Computing Meets Crypto Security Fireblocks’ platform uses a combination of security...