Coinbase, Robinhood Upgraded by Barclays Analyst, Citing ‘Matured’ Business Models
British banking giant Barclays has upgraded both Coinbase (COIN) and Robinhood (HOOD) to equal weight from underweight, citing better business models.
Robinhood
Robinhood’s Former Ban on Crypto Withdrawals Draws $3.9M Settlement in California
Robinhood’s crypto-trading subsidiary used to prevent customers from withdrawing the tokens they bought. Though Robinhood Crypto LLC abandoned that policy in 2022, on Wednesday its past practices earned a $3.9 million slap on the wrist from the state of California.
Once you Purchase Crypto on Robinhood
Robinhood Crypto is also registered with FinCEN as a money services business. Have a legal U.S. Robinhood Crypto does not charge commission fees for trading crypto. 50 states or Puerto Rico (exceptions may apply for active U.S. Robinhood Crypto is currently available in every U.S. Check out Robinhood Crypto’s Fee Schedule for details. Other fees may apply, such as for […]
Robinhood to Buy Crypto Exchange Bitstamp in Effort to Expand Outside the U.S.
Trading platform Robinhood (HOOD) agreed to acquire crypto exchange Bitstamp as it looks to expand its crypto presence globally and attract institutional clients through new product offerings, the company announced Tuesday.
Robinhood Wells Notice Shouldn’t Deter Eventual Approval of an Ether Spot ETF: JPMorgan
The potential legal action against Robin Hood should be viewed as a continued attempt by the SEC to reinforce its position that all crypto tokens outside bitcoin and ether should be classified as securities, the report said.
Robinhood Delivers Big Earnings Beat Driven by Booming Crypto Trading: Analysts
The positive momentum seen in the first quarter has continued, with the platform taking in a record $5 billion in deposits in April, the analysts said.
Robinhood’s Q1 Crypto Trading Volume Surged 224% as SEC Action Looms
The popular trading platform also beat first quarter revenue and earnings estimates.
Bitcoin Slips to $63K as Crypto Market Faces More U.S. Regulatory Pressure
Despite the recent bounce, the correction isn’t over, said one technical analyst, expecting bitcoin to fall to the low-mid $50,000 area before rallying to new all-time highs.
The SEC Can’t Stop Suing Crypto Companies
Robinhood apparently made strenuous efforts to comply with the agency, even applying to become a special purpose crypto broker-dealer. The SEC is likely to sue for alleged securities violations in any case.
Robinhood Gains 2%, Erasing Early Losses Following SEC Wells Notice
The trading platform previously ended support for all tokens that were named in SEC lawsuits against Binance and Coinbase.