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Robinhood's Vlad Tenev Once Deemed HOOD Stock 'Highly Correlated' With Bitcoin—Here's How The Relation Has Shifted In 2025
Monday, April 21, 2025 - 4:35am | 754Commission-free trading platform Robinhood Markets Inc. (NASDAQ:HOOD) has seen cryptocurrencies take a larger share of its reported revenues in recent years, rendering it susceptible to their market movements to some extent. What happened: None other than CEO Vlad Tenev conceded in a December...
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Bitcoin Crashed Alongside Stocks, Is It No More The Outlier? - Analyst Calls Comparison With Traditional Safe Haven Gold 'Ludicrous'
Wednesday, August 7, 2024 - 7:15am | 784Leading cryptocurrencies mirrored the stock market decline this week, with barometer Bitcoin (CRYPTO: BTC) plummeting to lows not seen since February. Bitcoin's downswing ignited a fresh debate around its store of value narrative, a major sticking point between advocates of the cryptocurrency...