Wolfe Research has told investors to consider the “outsized contribution” Dogecoin trading has made to Robinhood’s recent growth.
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62% of Robinhood’s Q2 crypto revenue was from Dogecoin trading
Around 41% of Robinhood’s quarterly revenues were generated by crypto trading.
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Robinhood shareholders want crypto wallets and a hat
Currently, users of popular stock and digital currency trading app Robinhood users can’t move their crypto off the platform.
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Thiel’s Valar Ventures leads 3rd raise for Bitpanda, at $4.1B valuation
Vienna-based Bitpanda’s valuation has shot up to $4.1 billion, three times its value during the crypto broker’s last private funding round in March.
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Buy Robinhood as Price Pulls Back 12% to $60?
Robinhood (HOOD), the US stock and crypto broker that debuted on the stock market last Thursday, has seen the value of its stock double. The
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Robinhood stock outruns Bitcoin in intraday crash, down over 10% in pre-market
The decline followed Robinhood Market’s announcement that it would sell up to 98 million Class A shares over time.
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