On Tuesday, popular trading app Robinhood added Chainlink (CRYPTO: LINK) to the growing number of cryptocurrencies on the platform. The move falls in line with recent comments from co-founder and CEO Vlad Tenev, who said Robinhood aims to become the "most trusted and easiest-to-use crypto platform." Following the news, Chainlink's price popped as much as 8%, though it has still lost 88% of its value since peaking in May 2021.
In the latest trading session, Robinhood Markets, Inc. (HOOD) closed at $8.18, marking a -0.49% move from the previous day.
Yahoo Finance crypto reporter David Hollerith breaks down FTX's deal with BlockFi, in addition to Voyager Digital's stock trading halt.