Robinhood Is a Bitcoin Whale. What It Means for the Stock.
The brokerage owns one of the largest wallets for the cryptocurrency. The coins likely belong to customers, highlighting its success at attracting traders.
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The brokerage owns one of the largest wallets for the cryptocurrency. The coins likely belong to customers, highlighting its success at attracting traders.
Last week's selloff snapped weeks of historically low volatility for Bitcoin. While cryptos are steadying, traders brace for more choppy waters.
* Down 5% for BET from this year's high* Antonio Oroian, Goldring: "I would rather look for opportunities than panic and make irrational decisions"* Emmanuel Cau, Barclays: "In the absence of broad-based fiscal stimulus, we think sentiment towards China is unlikely to reverse on its own, sustainably"
After weeks of inaction, cryptos have a catalyst. Expectations of higher interest rates for longer send Bitcoin and other tokens spiraling.
After weeks of inaction, cryptos have a catalyst. Expectations of higher interest rates for longer send Bitcoin and other tokens spiraling.