Robinhood's Crypto Trading Surge Drives 14% Stock Rally to Multi-Year High
Robinhood's stock skyrocketed 14% after reporting an eight-fold increase in crypto trading revenue, adding $6 billion to its market value. The commission-free platform's success highlights growing mainstream crypto adoption, despite offering fewer tokens than competitors.
Trump's White House Return Triggers Historic Bitcoin Rally to $109K
Donald Trump's presidential comeback sparks unprecedented cryptocurrency surge as his administration signals strong support for digital assets. The launch of Trump-branded tokens and establishment of crypto ventures highlight a dramatic shift from skeptic to advocate, raising both market optimism and ethical concerns.
Robinhood's Crypto Trading Volume Soars 529% as Platform Adds 420,000 New Users
Robinhood Markets saw explosive growth in November 2024, with crypto trading volumes surging 529% to $35.2 billion and 420,000 new funded accounts. The platform's remarkable expansion reflects growing mainstream crypto adoption while its stock trades near $41, up significantly from previous lows.