Robinhood

Infamous crypto exchange FTX has cleared a major hurdle in its bankruptcy proceedings by reaching a $14 million settlement with Emergent Technologies, resolving a dispute over $600 million in Robinhood shares. Terms Of Settlement FTX, the bankrupt cryptocurrency exchange, has settled a significant dispute over $600 million worth of Robinhood shares with Emergent Technologies. This development, outlined in a motion filed by FTX CEO John Ray III in the Delaware Bankruptcy Court on September 6, resolves one of the many…

Crypto trading platform Robinhood has reached a $3.9 million settlement with the California Department of Justice (DOJ), following an investigation into its alleged failure to allow customers to withdraw their cryptocurrency from 2018 to 2022.  The investigation was prompted by numerous consumer complaints regarding Robinhood’s practices, particularly its handling of cryptocurrency withdrawals and trading.  Alleged Violations And Settlement Revealed According to the DOJ, Robinhood violated the California Commodities Law (CCL) by enabling customers to purchase cryptocurrencies without delivering these assets…

The post Cathie Wood Buys Robinhood Stock Worth $800,000, HOOD Jumps 10% Over The Week appeared first on Coinpedia Fintech News Ark Invest buys 45,792 Robinhood stocks worth over $800,000. This comes following a continued strategy as the firm buys the dip.  In the last 30 days, the crypto stock fell over 22% as some holders dumped the asset. However, buying opportunities opened for Cathie Wood and other investors who continue to rake in the asset. Last week, Ark Invest…

The post Robinhood Records Impressive Q2 Earnings, Ark Invest Buys Another $2.4M HOOD appeared first on Coinpedia Fintech News Cathie Wood’s Ark Invest has purchased another $2.4 million worth of Robinhood amid positive Q2 2024 earnings. It has bought 145,420 HOOD shares adding to its previous holdings. The wealth manager continues to acquire more of the crypto stock like yesterday. The repositioning of holdings follows a growing uptick in most crypto stocks. On Aug 7, Robinhood announced a better-than-expected result…

The post Global Market Crash: Robinhood Halts Trading For 24 Hours! appeared first on Coinpedia Fintech News Not just crypto but the Global Stock markets are plunging.  Robinhood created waves in bearish crypto waters by hauling their 24 hour trading. This splits the community into two types of believers. There are some who are appreciating this move and the other who are calling it market manipulation. Let’s explore what exactly happened and what community is feeling. Robinhood’s Response to Market…

The post 2.7 Trillion SHIB Tokens Accumulated From Robinhood appeared first on Coinpedia Fintech News Shiba Inu has attracted significant investor optimism today. According to Whale Alert, 2.70 trillion Shiba Inu coins, worth $48.34 million, were recorded to have been accumulated from the Robinhood crypto exchange. The wallet address held a staggering $653.52 million worth of the Shiba Inu token. On the other hand,  Shytoshi Kusama, the Shiba Inu lead developer, recently took the stage to highlight the coin’s decentralized…

Dogecoin has been in a price decline for the past seven days as the entire crypto market continues to be dominated by a fear sentiment. Furthermore, the meme cryptocurrency recently encountered rejection due to fresh bearish pressure. This occurred as the cryptocurrency attempted to recover some of the losses it had sustained last week.  According to various social media posts by whale transaction tracker Whale Alerts, there have been multiple instances of large Dogecoin transfers in and out of exchanges…

Robinhood has extended its cryptocurrency trading services to Hawaii, Puerto Rico, and the U.S. Virgin Islands, allowing residents to trade Shiba Inu. Shiba Inu’s price rose slightly after Robinhood’s expansion announcement. Robinhood, a leading financial services platform, has extended its cryptocurrency trading services to Hawaii, Puerto Rico, and the U.S. Virgin Islands, allowing residents to trade Shiba Inu (SHIB) among other digital assets. This expansion aims to enhance the visibility and mainstream adoption of SHIB in these regions.  Crypto trading…

Shiba Inu whales are on the move again, sparking speculations on what they expect from the meme coin. One whale, in particular, has caught the attention of the SHIB community following a massive withdrawal from the popular crypto and stock trading exchange Robinhood. Whale Pulls Out Almost $40 Million From Robinhood The Shiba Inu whale transactions that have got tongues wagging were first picked up on June 20 by the on-chain whale tracking platform Whale Alert. According to the report,…