Both Robinhood’s CEO and top crypto exec hinted at a more expansive blockchain-backed future for the company this week….
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The settlement resolves claims against Robinhood related to the referral program’s text messages sent between August 2017 and February 2024….
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BTC ETF Flows: -$14m. BTC drops to $60k, CME gap filed again. $1bn shorts liquidated if we rally to $62.6k. Pump(.)fun surpasses ETH for revenue. ETH will outperform BTC after ETF launch: K33. ETH ETF may be delayed even further. BTC heading to $150k: Fundstrat. Chainlink & Fidelity partner for fund data on-chain.
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The acquisition will deliver insights from artificial intelligence to the trading giant’s massive retail investor base….
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As Robinhood prepares to expand internationally, “it was making sense to finish what we started in the U.S.,” said Johann Kerbrat….
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The $200 million cash deal is expected to close in the first half of 2025, subject to regulatory approvals….
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Crypto consolidates near ATH, $488m ETF inflow. BTC correlation to tech stocks highest since 2023. BTC options anticipate $74-80k move. ETH to $22k by 2030: VanEck. Robinhood to acquire Bitstamp. Coinbase launches Smart Wallet. ByBit opens up explicitly to China users. Global liquidity breaks out to $94T. US President given new powers to block crypto.
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The trading app went offline overnight for upgrades to accommodate the rush of activity….
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Robinhood CEO Vlad Tenev said that the firm would “defend ourselves and advocate for our customers” after receiving a Wells Notice from the SEC….
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SOL leads majors higher, DEX volume flips ETH. ETH burn rate hits yearly low. BTC needs to reach $67k for a ‘higher high’. Robinhood receives Wells Notice from SEC. Only 10% of stablecoin transactions are real: Visa. May 15th will see corporate filings of BTC purchases. Hayes continues to OTC buy PENDLE.
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