Cathie Wood’s ARK Invest sold around $110 million worth of Circle (CRCL) shares on June 23, continuing a wave of profit-taking just …
Robinhood
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Analysis
Coinbase Seeking SEC Approval for Tokenized Stock Trading in Push To Compete With Robinhood: Report
by shayaanby shayaanThe top US-based crypto exchange by volume is looking for U.S. Securities and Exchange Commission (SEC) approval of tokenized equities offerings. According …
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Finance
Robinhood shares fall 5% after missing out on the latest S&P 500 index rebalance
by shayaanby shayaanRobinhood shares tumbled on Monday after the online broker was passed over in the latest S&P 500 rebalance, ending weeks of hope …
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Scams
To Reap Tokenization’s Benefits, Accredited Investor Rules Should Be Revamped: Robinhood Crypto GM
by shayaanby shayaanIn brief Robinhood’s Johann Kerbrat believes that overhauling investor accreditation rules could help tokenization flourish in the U.S. Under current rules, 90% …
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In brief Circle’s stock price peaked at $123 on Friday, effectively quadrupling since its IPO yesterday. Its first-day surge outpaces even tech …
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Adoption
Bitstamp finally folds into Robinhood in $200M merger, unlocking global crypto passport
by shayaanby shayaanAfter a 12-month wait, the all-cash deal’s completion adds 50-plus licences, four million customers, and an institutional revenue line to Robinhood’s arsenal. …
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Regulation
Peirce Urges Crypto Clarity as Robinhood Proposes Federal Token Plan
by shayaanby shayaanThe U.S. Securities and Exchange Commission (SEC) is seeing increased calls for clearer regulation of digital assets, especially cryptocurrencies. SEC Commissioner Hester …
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Robinhood has added two Solana-based memecoins, Moo Deng MOODENG and cat in a dog’s world MEW, to its suite of cryptocurrencies available …
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Regulation
Robinhood calls on SEC to establish unified regulatory framework for tokenized RWAs
by shayaanby shayaanRobinhood has submitted a detailed proposal to the US Securities and Exchange Commission (SEC), calling for the creation of a federal framework …
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Analysis
Robinhood Rival eToro Goes Live on Nasdaq After Raising $620,000,000 in IPO
by shayaanby shayaanShares of the Israel-based retail trading firm eToro are surging after the Robinhood rival went public on Wednesday. The firm’s new ETOR …