Tired of losing money? Here are 2 reasons why retail investors always lose
A majority of “traders” end up being losers with empty portfolios. Here is exactly why. Go to Source Powered by WPeMatico
Robinhood
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Cardano gets listed on Robinhood but ADA bulls are running out of steam, risking 40% drop
ADA prints modest upside moves that may run out of steam due to weak technicals and macro factors. Go to Source Powered by WPeMatico
Robinhood lands steep 60% discount on $170M exchange acquisition: Report
The US-based stock and crypto trading platform has reportedly secured a 60% cut on the initial offer made to Ziglu due to poor market conditions. Go to Source Powered by WPeMatico
Robinhood to face class action lawsuit from meme stock debacle: Report
It’s been more than a year, but investors continue to make allegations against Robinhood following the January 2021 controversy around trading GameStop and AMC stocks. Go to Source Powered by WPeMatico
FTX, ByBit rise in web traffic despite overall traffic drop on CEXs
Web traffic on FTX surged 123% YoY, while major exchanges like Coinbase and Binance were down 46% and 40% traffic-wise, respectively. Go to Source Powered by WPeMatico
New York financial regulator fines Robinhood’s crypto division $30M
“As its business grew, Robinhood Crypto failed to invest the proper resources and attention to develop and maintain a culture of compliance,” said superintendent Adrienne Harris. Go to Source Powered by WPeMatico
Opensea Cuts 20% of the NFT Market’s Staff, Citing ‘Crypto Winter’ and ‘Macroeconomic Instability’
The largest non-fungible token (NFT) marketplace by trade volume, Opensea, has announced the company has let 20% of its staff go after CEO Devin Finzer said the layoffs were due to a combination of “crypto winter and broad macroeconomic instability.” Opensea’s decision follows the startup surpassing $31 billion in all-time NFT sales volume, and the … Read more
Uniswap price risks 45% crash by September despite Robinhood listing
Robinhood listing brought UNI some of its recent gains but it doesn’t guarantee an extended bull run. Go to Source Powered by WPeMatico
Data transfer network Plaid integrates 4 major crypto exchanges
The San Francisco-based fintech company now supports Binance.US, Gemini, Robinhood and SoFi accounts. Go to Source Powered by WPeMatico
Cumberland Says Financially Burdened Crypto Firms Are ‘Hanging Over the Market Like a Cloud’
Following the over-the-counter (OTC) firm’s Twitter thread on June 14, Cumberland explained on July 5 that “rangebound price action belies a volatile picture below the surface,” while crypto markets consolidated during the past week. Cumberland stressed there’s a growing number of crypto companies feeling financial burdens, and “uncertainty” tied to stressed entities is “hanging over … Read more