Bitcoin surged 7% to over $77,000, sparking gains in crypto-linked stocks with Robinhood up 5% and Webull 2%. The breakout follows regulatory optimism and U.S. Treasury bond buybacks that eased market fears. Robinhood benefits more due to its larger crypto business, while Webull's gains reflect broader trading activity. Investors should watch if Bitcoin sustains gains to confirm a lasting rally in these stocks.
Robinhood CEO Vlad Tenev envisions a major technological shift in finance driven by tokenization, prediction markets, and AI trading tools. Robinhood has launched tokenized exposure to 190 US stocks accessible globally and sees US regulatory approval...
Robinhood CEO Vlad Tenev called on US policymakers to modernize securities laws to allow tokenized stocks, which enable real-time settlement and 24/7 trading. Robinhood's blockchain, Robinhood Chain, has processed 100 million transactions globally bu...
Retail brokerage stocks like Webull, Robinhood, and Coinbase rose sharply as Bitcoin surged to around $68,500, up 6% in 24 hours. Webull's shares climbed ahead of its Q2 earnings report, expected to show revenue growth despite a slight EPS dip. Robin...
Kraken, a major crypto exchange, has introduced the Krak Card, a U.S. debit card that offers up to 2% cash or bitcoin back, with rewards paid directly as money rather than points. The card allows spending from over 600 currencies and crypto assets, c...
