HOOD Sep 2024 29.000 call
- Investor's Business Daily
Cryptocurrency Prices And News: Bitcoin Slides Near $71,000 After Jobs Report
Cryptocurrency News: Cryptocurrency prices reversed slightly lower Friday following the May jobs report that showed hiring beat expectations. Bitcoin dipped back near $71,000 on the release after trending near $72,000 prior to the report. The Securities and Exchange Commission on May 23 approved 19b-4 forms for eight ether ETF applications, paving the way for spot ethereum ETFs to launch later this year.
- CoinDesk
Robinhood’s Bitstamp Deal Is Strategic and Brings Added Institutional Exposure: Bernstein
The acquisition will potentially allow the trading platform to offer a wider range of crypto products to a more institutional client base, the report said.
- Zacks
Robinhood (HOOD) to Buy Bitstamp, Accelerate Global Expansion
With an aim to expand globally and cater to institutional clients, Robinhood (HOOD) signs a deal to acquire Bitstamp for $200 million in cash. This will help diversify revenues beyond trading.
