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Robinhood Q4 Earnings Highlights: Record Revenue, EPS Beat Analyst Estimates, Crypto Revenue Up 700%+
Wednesday, February 12, 2025 - 5:31pm | 570Robinhood Markets (NASDAQ:HOOD) reported fourth-quarter financial results Wednesday after market close. Here are the key highlights. What Happened: Robinhood reported fourth-quarter revenue of $1.01 billion, up 115% year-over-year and a new company record. The revenue figure beat a Street consensus...
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A Hedge Fund Hit Big On Trump's Rumored Crypto Acquisition And Could Be Up $14.15 Million
Tuesday, November 19, 2024 - 3:07pm | 783Shares of cryptocurrency company Bakkt Holdings Inc (NYSE:BKKT) soared on reports that Donald Trump's media company could be eying an acquisition of the company. While investors who got into the stock early Monday are up big, one hedge fund may have had perfect timing less than a week ago. What...
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Trump Digs Deeper Into Cryptocurrency? Bakkt Shares Soar On Reported Interest From President-Elect's Media Company
Monday, November 18, 2024 - 5:12pm | 660Donald Trump was viewed as the more pro-cryptocurrency presidential candidate in the 2024 election and his support for crypto could get another push with a report that his media company is acquiring a cryptocurrency trading company. What Happened: Shares of Bakkt Holdings (NASDAQ:BKKT) are soaring...
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Coinbase Q3 Earnings: Cryptocurrency Exchange Posts Revenue Beat, Latest Bitcoin, Ethereum Volume And More
Thursday, November 2, 2023 - 5:16pm | 466Cryptocurrency trading platform Coinbase Global Inc (NASDAQ:COIN) reported third-quarter financial results after the market close Thursday. Here are the key highlights. What Happened: Coinbase reported third-quarter total revenue of $674 million, which was down 5% quarter-over-quarter. The revenue...
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Hotbit Shuts Down: Time to Panic Or Stay Calm?
Monday, May 22, 2023 - 1:40pm | 319Crypto trading platform Hotbit announced it will cease operations starting May 22, urging its users to withdraw their funds before June 21, 4 a.m. UTC. Hotbit shared in a public statement that its business environment worsened following an investigation into a former team member back in August...
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'The Only Guarantee In Crypto Is Risk' Is What Belgium Wants Firms To Add In Their Advertisements
Monday, March 20, 2023 - 6:07pm | 363Belgium‘s Financial Services and Markets Authority (FSMA) issued a mandate on Monday about cryptocurrency firms in the country that trading in virtual currencies is risky and “the only guarantee in crypto is risk.” The FSMA, which was recently given powers...
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Coinbase Q4 Results And Guidance 'Encouraging' But Regulatory Risks Remain: Why Analysts Are Mixed On Ratings, Price Targets
Wednesday, February 22, 2023 - 12:05pm | 816Cryptocurrency platform Coinbase Global (NASDAQ: COIN) reported fourth-quarter financial results after market close Tuesday. Analysts are weighing in on the most important metrics from the report and the company’s outlook for 2023. The Coinbase Analysts: Raymond James analyst Patrick O’...
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Investors Are Betting Against Coinbase Stock And Cathie Wood, Here's The Latest Short Percentage
Friday, December 16, 2022 - 2:01pm | 515Cryptocurrency trading platform Coinbase Global Inc (NASDAQ: COIN) has seen its share price crater with the volatility of the sector. Investors are increasingly betting against the company as one of the most recognizable investors continues to load up shares. What Happened: Coinbase shares are...
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If You Invested $1,000 In The Coinbase IPO, Here's How Much You'd Have Now
Tuesday, November 29, 2022 - 1:50pm | 751Cryptocurrency platform Coinbase Global Inc (NASDAQ: COIN) had one of the biggest public listings of all time. Here’s a look back at how shares have done since the Coinbase IPO. What Happened: Coinbase went public on April 14, 2021. The company chose a direct listing and went public at a time...