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Robinhood stock nears record high as tokenization strategy gains traction

Robinhood stock nears record high as tokenization strategy gains traction

Robinhood’s strategic embrace of blockchain technology and tokenization has fueled a nearly 30% rally in its stock over the past month, highlighting the brokerage’s new growth drivers despite regulatory scrutiny of some of its products.Robinhood stock, trading under the ticker HOOD, surged on Wednes…

Crypto’s debanking problem persists despite new regulations

Crypto’s debanking problem persists despite new regulations

The crypto industry’s inability to access banking services still concerns many industry observers despite recent policy victories.In past years, financial services firms and banks concerned about fiduciary risk, reporting liabilities and reputational risk often would refuse to offer service to crypt…

Coinbase, Robinhood crush estimates, analysts raise targets

Coinbase, Robinhood crush estimates, analysts raise targets

Stock analysts raised price targets on Coinbase and Robinhood after the exchanges crushed expectations during fourth-quarter earnings calls, according to equity research notes shared with Cointelegraph. Soaring crypto trading volumes in the last three months of 2024 drove higher-than-expected revenu…

Robinhood's Q4 Report Could Help Preview Coinbase Results

Robinhood's Q4 Report Could Help Preview Coinbase Results

Major action in crypto in 2024's final three months is expected to show up in the results of trading app Robinhood .A surge in user activity leading up to and then following the election of Donald Trump in November has analysts expecting a 440% quarterly jump in HOOD's cryptocurrency trading revenue…