Robinhood

Robinhood Lists Cardano (ADA), SHIB Moment Incoming?
Robinhood Lists Cardano (ADA), SHIB Moment Incoming?

Robinhood has listed Cardano (ADA) on its platform. This sets the stage for ADA to gain access to 23 million users. It remains to be seen whether ADA will pull off a spectacle akin to Shiba Inu. Commission-free trading application Robinhood announced that it has listed Cardano (ADA) on its platform. At the time of writing, trading of ADA on the platform has now gone live. The news was well received by ADA supporters, among them some known crypto personalities such as Dan Gambardello. In a tweet, he said that this will provide an opportunity for ADA to gain exposure

1 min read
3-Billion-DOGE-Moved-to-Unknown-Wallet,-Could-it-be-Elon-Musk’s
3 Billion DOGE Moved to Unknown Wallet, Could it be Elon Musk’s?

A total of 3 billion DOGE made its way from Robinhood exchange to an unknown account. This wallet now holds over 7,000 DOGE, making it the 2nd largest whale.  Many are speculating the wallet to be owned by Elon Musk. Robinhood exchange just saw the withdrawal of a huge amount of Dogecoin (DOGE) from its platform. Many crypto and memecoin fans are speculating that the huge Dogecoin (DOGE) transaction to have been made by Elon Musk.  According to bitinfocharts, 3 billion Dogecoin (DOGE) has just been moved from a Robinhood exchange wallet. In addition, the funds have not been moved

2 mins read
Robinhood To Sack 300 Employees Despite Job Listing
Robinhood To Sack 300 Employees Despite Job Listing

Robinhood is laying off 9% of its total workforce today. The decision came due to a change in Robinhood customers’ behavior, growth declines, and duplicate roles and job functions. Although Robinhood is laying off its employees, the firm is still hiring numerous crypto roles and positions. CEO Vlad Tenev announced in a blog post that brokerage app Robinhood is laying off 9% of its workforce today. Tenev pointed out that the decision is “necessary” and not that they “undertook lightly.” “We’re anticipating and being responsive to changes in the way our customers invest—especially during this time of global conflict, economic

2 mins read
Shiba Inu Up 20% After Whale Buy, Robinhood Support
Shiba Inu Up 20% After Whale Buy, Robinhood Support

A total of 2.41 billion SHIB burned to make the token more scarce and increase its price. A whale purchased a total of 775 billion SHIB ($20.8 million). Trading app Robinhood finally listed SHIB on its platform. The price of the popular meme coin Shiba Inu (SHIB) has increased up to 20% since the end of last week for three reasons. Firstly, Shiba Inu initiated a burning of 2.41 billion SHIB, shrinking the total supply and making it more scarce.  Secondly, a whale purchased an astonishing amount of 775 billion SHIB, worth more than $20 million at the time of

2 mins read
13-Wallets-Hold
13 Wallets Hold 46% Total Dogecoin. Is Robinhood Top Hoarder?

At least 13 blockchain wallets hold roughly half of the total supply of Dogecoin. Tesla CEO Elon Musk suggests that the biggest DOGE hoarder is trading app Robinhood. Dogecoin saw a series of pumps and dumps before the current April-May rally. 13 blockchain wallets hold at least 46% of the total supply of Dogecoin. According to Twitter user IncomeSharks, one wallet holds more than a quarter of all DOGEs in the world. Meanwhile, Tesla CEO and Dogecoin shiller Elon Musk suggested that trading app Robinhood is the mysterious DOGE whale. Specifically, Elon claims Robinhood owns the wallet that holds 28%

2 mins read