A Bitcoin address that recently accumulated 118,000 BTC has been attributed to Robinhood, although the company has not confirmed or denied the allegations. This would make Robinhood the third-largest holder of BTC, a position traditionally held by crypto-native exchanges. However, Robinhood's user base is known for speculative trading, which raises questions about their approach to Bitcoin and the potential risks associated with holding such a large amount.
Welcome Back
Click “Sign in” to agree to Cointime’s Terms of Service and acknowledge that Cointime’s Privacy Policy applies to you.
Join CoinTime
Already have an account?
Click “page.Sign up” to agree to Cointime’s <a class="underline" href="#term-of-service">Terms of Service</a> and acknowledge that Cointime’s a class="underline" href="#privacy-policy">Privacy Policy</a> applies to you.
Sign in with email
Sign up with email
Your email
Check your inbox
Click the link we sent to to sign in.
Click the link we sent to to sign up.
Robinhood's Massive Bitcoin Holdings Raise Questions and Potential Risks
-
Wechat scan to share
Recommended for you
-
The value of Bitcoin held by public companies has soared to over $113 billion
according to Bitcoin News, the value of Bitcoin held by listed companies has soared to over $113 billion. -
Publicly listed Empery Digital becomes the 21st largest Bitcoin holder
according to BitcoinTreasuries.NET, the listed company Empery Digital has surpassed the newly listed Gemini company (GEMI) to become the 21st largest Bitcoin holding company. -
Binance Alpha will list Project Merlin (MRLN) and open airdrops to eligible users
according to official sources, BinanceAlpha announced that Project Merlin (MRLN) will be launched on September 16th. Eligible users can go to the Alpha activity page after Alpha trading is open to use Binance Alpha points to receive airdrops. Specific details will be announced separately. -
The Ministry of Commerce announced the launch of an anti-dumping investigation on imported analog chips originating from the United States.
Ministry of Commerce announced the initiation of an anti-dumping investigation on imported related analog chips originating from the United States. -
BNB's market capitalization hits a record high of $131 billion
according to Cointelegraph, the market value of Binance Coin (BNB) has just reached a historic high of $131 billion. -
A look at the key developments from midday on September 13th
7:00-12:00 Keywords: Bank of America, Japan, Vitalik -
US spot Ethereum ETF saw a net inflow of $402.27 million yesterday
according to TraderT monitoring, the net inflow of the US spot Ethereum ETF was $402.27 million yesterday. -
US spot Bitcoin ETFs saw a net inflow of $642.22 million yesterday
according to TraderT monitoring, the net inflow of the US spot Bitcoin ETF was $642.22 million yesterday. -
JPMorgan Chase: The Federal Reserve will cut interest rates by 25 basis points next week
Michael Feroli, an economist at JPMorgan Chase, predicts that the Federal Reserve will cut interest rates by 25 basis points next week. He sees two or three dissenters in favor of a larger rate cut, but no one in favor of keeping rates unchanged. The dot plot is expected to still show one more rate cut after 2025. -
Deutsche Bank: We expect the Fed to cut interest rates by 25 basis points at each of its three remaining meetings this year
Deutsche Bank said it expects the Fed to cut rates by 25 basis points at each of the remaining three meetings this year, adjusting from the previous forecast of rate cuts in September and December.
Daily Must-Read
-
Crypto treasuries set for ‘bumpy ride’ as premiums narrow: NYDIG
-
Trump family went pro-crypto after Biden ‘weaponized banks’ — WSJ
-
New York lawmaker wants to tax crypto sales and transfers
-
Trump to order probe of crypto and political debanking claims: WSJ
-
Bros who tricked MEV bots with their own medicine must face trial, says judge
-
Western Union CEO Views Stablecoins as an Opportunity, Not a Threat: Bloomberg
All Comments