Tag: Robinhood

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Robinhood’s Crypto Revenue Hits Lowest In 3 Years But Still Expands Crypto Operations + More News

Source: AdobeStock / sizsus Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. In this edition: Robinhood’s Crypto Revenue Hits Lowest In 3 Years, But It Still Supports Crypto US SEC Holds Calls With Spot Bitcoin ETF Hopefuls Traders and Institutions Turned to…
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ARK Invest Sells Another $5.52M in Coinbase Shares as COIN Surges 107% Since November

Source: Adobe / piter2121 Cathie Wood-led Ark Invest sold another 34,261 Coinbase shares worth $5.5 million on Tuesday as the price of the largest US-based crypto exchange’s shares topped $160, witnessing over 107% rise since early November. COIN is already up 5% in the pre-market today. Ark Invest had dumped $100 million worth of Coinbase…
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Robinhood Launches Crypto Trading in EU, Aims for Global Accessibility

Financial services firm Robinhood has announced the launch of crypto trading in the European Union. “Like we did with the stock market, it’s our goal to make crypto more accessible and affordable to everyone, regardless of where they live,” the company explained. Robinhood Expands Crypto Trading Services Financial services firm Robinhood launched its crypto trading…
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Cathie Wood’s ARK bags 1.1M Robinhood shares in one day

Cathie Wood’s ARK Invest has continued accumulating Robinhood shares while dumping Grayscale Bitcoin Trust shares. ARK Invest, the investment firm founded by major Bitcoin (BTC) advocate Cathie Wood, is actively accumulating stock of the crypto-friendly app Robinhood (HOOD). On Nov. 8, ARK made a massive Robinhood stock purchase, bagging a total of 1.1 million shares…
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The Elite Ten: How a Handful of Ethereum Wallets Command Over a Third of ETH’s Total Supply

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 for an insightful glimpse into the top ten ETH wallets…
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Robinhood to Buy Back SBF’s Stake for Over $605 Million

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. Robinhood to Proceed With Planned Buyback of…
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Bitcoin’s Largest Accounts: Peering Into the Top 10 Wallets on the ‘BTC Rich List’

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 tagged. The following is a closer peek at the top…
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Arkham Intelligence Reveals Grayscale’s Ethereum Holdings Across 500 Addresses

On September 1, Arkham Intelligence, a crypto analytics and data tracking agency, reportedly pinpointed the ethereum (ETH) holdings of Grayscale for its Ethereum Trust. Arkham reveals that Grayscale’s ether stash is spread across 500 distinct addresses. Grayscale’s Ethereum Holdings Mapped by Arkham According to Arkham, the firm has identified the ethereum owned by Grayscale for…
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Robinhood Agrees $600 Million Buyback of Seized Sam Bankman-Fried HOOD Stake From US Marshal Service

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 HOOD Stake From US Marshal Service  Read more »Sign up for e-EUR…
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Robinhood bought back Sam Bankman-Fried’s stake from US gov’t for $606M

The purchase of the 55 million Robinhood shares had been expected following approval from the company’s board and a U.S. district court. Cryptocurrency and stock trading platform Robinhood has announced the purchase of more than 55 million shares of the firm previously held by former FTX CEO Sam Bankman-Fried, also known as SBF. According to…
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