Robinhood Crypto Volumes Double Amid Rising Valuations, HOOD Stock Declines

Robinhood, the popular trading platform, has seen a significant surge in its crypto trading volumes, which have doubled from the previous year. This impressive growth can be attributed to the increasing valuations of cryptocurrencies, leading to a 76% year-on-year rise in assets under custody for the company. Despite this positive trend in its crypto division, Robinhood’s stock (HOOD) has been experiencing a decline in value.

Bitcoin Spot ETFs Experience Second-Highest Net Inflow in History

Riot Platforms Q3 2024 Financial Report: $84.8M Revenue, $154.4M Net

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Crypto Fear & Greed Index