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Ark Invest Sells Another $1.4M Shares of Coinbase, Increases Exposure to Robinhood Amid Crypto Rally
5.12.2023
Source: Ark Invest Instagram Ark Invest, led by Cathie Wood, has once again reshaped its portfolio by selling over $1.4 million worth of Coinbase Global Inc shares. This decision, following a pattern of recent sell-offs, unfolds during a buoyant period in the cryptocurrency space, notably with...
Robinhood Reports a 75% Surge in Crypto Trading Volume in November
5.12.2023
Source: DALL·E Robinhood has reported a substantial 75% increase in cryptocurrency trading volume for November compared to October, highlighted in a recent filing with the U.S. Securities and Exchange Commission (SEC). In their detailed 8-K update to the SEC, Robinhood’s significant uptick...
ARK Invest Sells Another $5M of Coinbase Shares; Buys Robinhood, SoFi
30.11.2023
The sale of 38,668 COIN shares from the Ark Fintech Innovation ETF follows a similar offload on Monday
Robinhood to roll out US-stock trading to the British market
30.11.2023
Robinhood CEO Vladimir Tenev said in an interview with Bloomberg that the company is still focused on its global aspirations, and the UK expansion is one step toward that
ARK Invest Sells $5.26M Coinbase Shares as Price Hits 19-Month High
28.11.2023
The Ark Fintech Innovation ETF sold 43,956 COIN shares and bought $1.2 million worth of Robinhood stock
Robinhood meme stock punters denied class suit certification
15.11.2023
A court has rejected a motion requesting class action certification from investors pursuing legal action against Robinhood
Cathie Wood’s ARK bags 1.1M Robinhood shares in one day
9.11.2023
Cathie Wood’s ARK Invest has continued accumulating Robinhood shares while dumping Grayscale Bitcoin Trust shares
U.S. Crypto Stocks Ride BTC Momentum in Pre-Market Trading
9.11.2023
COIN, MSTR, HOOD and mining stocks were all showing upward movement in pre-market trading after BTC rose to its highest level in 18 months
Robinhood eyes European expansion amid Q3 revenue drop
8.11.2023
Robinhood attributed the decline in its transaction-based revenue to reduced cryptocurrency trading volumes on the platform
Robinhood to Launch Crypto Trading Services in EU in the “Coming Weeks”
8.11.2023
Source: AdobeStock / Rafael Henrique Robinhood has revealed plans to introduce cryptocurrency trading services in the European Union (EU) in the near future. Vlad Tenev, CEO and co-founder of the popular brokerage firm, made the announcement during the company’s third-quarter earnings report....
Robinhood to Expand Crypto Trading Into EU, Plans to Start UK Brokerage
7.11.2023
The crypto trading platform for EU will start in "coming weeks."
GameStop Keeps Finding New Ways To Rip People Off
2.11.2023
Things have been bad at retail chain GameStop for a while now but somehow they’re about to get even worse. Employee benefits are on the chopping block heading into next year as the gaming retailer doubles-down on cost-cutting despite holding $1 billion in cash reserves thanks to its earlier meme...
What Crypto Can Learn From Regulatory Overhauls at PayPal, Robinhood and Revolut
19.10.2023
GameStop's New Billionaire Boss Calls For 'Extreme Frugality' In Email To Staff
29.9.2023
After years of pulling the strings from behind the scenes, GameStop chairman and billionaire Chewy founder Ryan Cohen appointed himself CEO of the ailing video game store on Thursday. His first email to staff, obtained by Kotaku, called for “extreme frugality” and said “time wasters” would not...
The Elite Ten: How a Handful of Ethereum Wallets Command Over a Third of ETH’s Total Supply
3.9.2023
Ethereum (ETH), boasting its position as the second most dominant cryptocurrency by market capitalization, is held by a staggering 242,686,839 unique addresses. Fast forward to September 3, 2023, and a mere ten ether addresses command a whopping 34.18% of its entire supply. Let’s dive in...
Robinhood to Buy Back SBF’s Stake for Over $605 Million
3.9.2023
Online broker Robinhood is going to buy back the stake purchased by a company of crypto exchange FTX founder Sam Bankman-Fried (SBF). The fintech intends to pay $605.7 million for the shares that were transferred to the custody of the U.S. government after the bankruptcy of SBF’s businesses....
Bitcoin’s Largest Accounts: Peering Into the Top 10 Wallets on the ‘BTC Rich List’
2.9.2023
In recent weeks, buzz within the crypto sphere has centered on prominent bitcoin and ethereum holders. Some addresses are awash with speculation, while others have earned distinct labels. Interestingly, a handful have purportedly been unmasked, leading to many of the top ten BTC addresses being...
Robinhood Agrees $600 Million Buyback of Seized Sam Bankman-Fried HOOD Stake From US Marshal Service
2.9.2023
On August 30, Robinhood entered into a $605.7 million (HOOD) share buyback agreement with the US Marshal Service (USMS) to reclaim shares formerly held by Same Bankman-Fried (SBF) through Emergent Fidelity Technologies....
Read More: Robinhood Agrees $600 Million Buyback of Seized Sam Bankman-Fried...
Robinhood bought back Sam Bankman-Fried's stake from US govt for $606M
1.9.2023
The purchase of the 55 million Robinhood shares had been expected following approval from the company's board and a U.S. district court
Robinhood to Buy Back Sam Bankman-Fried's Stake for $605.7M
1.9.2023
The 55 million HOOD shares owned by Bankman-Fried and fellow FTX co-founder Gary Wang through Emergent Fidelity Technologies