Latest news with #Bitstamp
Arabian Post
11 hours ago
- Business
- Arabian Post
Robinhood Introduces Micro Crypto Futures to Broaden Retail Access
Robinhood has launched micro futures contracts for Bitcoin, Solana and XRP in the United States, enabling retail investors to take directional positions or hedge portfolios with significantly lower capital than standard futures contracts. The offering is accessible to Robinhood's roughly 26 million funded accounts and is anticipated to democratise access to crypto derivatives. Micro futures are scaled-down versions of their full-size counterparts, requiring considerably less margin and making them appealing to smaller-scale traders. Industry observers note that each micro XRP contract represents 2,500 XRP with a tick value of about US $1.25, a stark contrast to the 50,000‑unit standard contracts with US $25 ticks. Similarly, micro Solana contracts use a 25‑token multiplier with 0.5 SOL tick increments, each worth US $1.25. This expansion rounds out Robinhood's crypto futures suite, which began with Bitcoin and Ether micro futures in January. The addition of XRP and Solana follows what the platform described as strong customer interest and increased regulatory clarity around these tokens. In April, CME Group unveiled institutional-grade XRP futures, underscoring growing market demand. ADVERTISEMENT Robinhood's strategic acquisitions are reinforcing its crypto ambitions. In June, it completed the US $200 million acquisition of Bitstamp, securing over 50 global licences and bolstering its infrastructure. In May, it acquired Canadian crypto firm WonderFi for US $179 million, integrating platforms such as Bitbuy and Coinsquare into its ecosystem. Data from Robinhood shows crypto notional trading volumes surged to US $11.7 billion in May—a 36 per cent rise month‑on‑month and 65 per cent higher year‑on‑year. Market participants have welcomed the move toward more accessible derivatives. Robinhood's 'trading ladder' feature allows users to enter and exit positions with precision. The platform also ensures near 24‑hour cash‑settled trading windows, operating between 6 p.m. and 5 p.m. ET. The decision by Robinhood aligns with a wider industry trend—other platforms, including Coinbase and Charles Schwab, are increasingly offering crypto‑derivatives to satisfy retail and institutional demand. Analysts have described the launch of micro futures as a 'gateway' for newer investors who previously found full‑size contracts beyond their reach. Permissive regulatory signals are reinforcing this shift. XRP's legal battle with the US Securities and Exchange Commission is advancing toward a resolution typically viewed as favourable for token classification, which has helped restore market confidence and paved the way for enhanced derivative offerings. Solana, meanwhile, has seen robust activity in decentralised finance and NFTs, further stimulating interest in derivative products. Robinhood's move also places it in stronger competition with institutional players like CME Group, whose Solana futures trading volume recently hit 1.75 million contracts. By offering micro futures, Robinhood is targeting the lower‑tier end of the market while building out its position in crypto derivatives. Retail engagement appears crucial to market liquidity. By enabling smaller investors to gain exposure with modest capital—and reduced margin risk—Robinhood may broaden participation and deepen markets for XRP and Solana. However, some industry figures caution that rising complexity may attract regulatory attention, underscoring the importance of robust risk management and investor education. Robinhood's micro futures launch reflects its continued strategy of expanding crypto tools after rolling out spot trading in 2018 and its later push into crypto derivatives. With assets under management growing and institutional integrations via Bitstamp and WonderFi at scale, the platform is positioning itself as a full‑service crypto brokerage.
Yahoo
14 hours ago
- Business
- Yahoo
Robinhood Launches Micro Bitcoin, Solana and XRP Futures Contracts
Robinhood (HOOD) has introduced micro futures on bitcoin (BTC), solana (SOL) and XRP in the United States., expanding its existing crypto futures offering for its nearly 26 million funded accounts. Micro contracts need far less collateral than full-size futures, letting traders take directional positions while committing a smaller slice of capital. The contracts offer traders more flexibility to bet on a cryptocurrency's future price direction or hedge current positions given their smaller size. The launch rounds out a futures suite that began with BTC and ETH in January. It also comes weeks after the firm closed its $200 million purchase of Bitstamp and finalized a $179 million deal for Canada's WonderFi. Robinhood's data shows that crypto notional volumes have exploded upward over time, reaching $11.7 billion in May. The figure marks a 36% rise month-over-month, and a 65% growth year-over-year. Sign in to access your portfolio
Yahoo
5 days ago
- Business
- Yahoo
$2M Insider Buy on Robinhood Makes History: Should You Buy HOOD Stock, Too?
For the first time in its history, a Robinhood (HOOD) insider just made a bullish bet — and traders across social media are paying attention. While one director is selling millions, another just made a historic buy. What's going on inside the company, and should you be watching HOOD stock now? Let's break it down. Palantir, Nuclear Stocks, and the Put/Call Ratio: Key Stocks, Sectors, and Indicators on Watch After U.S. Strikes on Iran Exxon Stock is Still Cheap Here - Shorting OTM Puts Sets a Lower Buy-In Among 500 Stocks Generating Unusual Options Activity, The YouTube of China Deserves Close Attention Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. Director Christopher Payne just purchased $2 million worth of HOOD shares, according to a recent SEC filing — marking the first-ever insider buy for Robinhood since the company went public. This is especially notable because insider buying is often viewed as a strong signal of confidence in the company's future. Insider sales are common — they can happen for tax reasons, diversification, or any number of other motivations. But insider buys — especially of this size — usually mean one thing: Insiders believe the stock is undervalued and poised to move higher. On the flip side, Director Baiju Bhatt — one of Robinhood's co-founders — sold over $31 million worth of shares during the same period. This could raise eyebrows, but it doesn't necessarily mean trouble. It's not uncommon for early founders to reduce their exposure over time. And given Robinhood's 200%+ stock rally over the past year, many long-term holders are simply locking in gains. Robinhood was recently snubbed from joining the S&P 500 Index ($SPX), while competitor Coinbase (COIN) made the cut. This caused a slight dip in price on the news in June. Still, the company is pushing forward with crypto expansion through its acquisition of Bitstamp and WonderFi — and investors haven't stopped buying. In fact, shares of HOOD recently hit all-time highs, backed by bullish sentiment in both the crypto and fintech sectors. Barchart's Gamma Exposure Tool for HOOD shows a positive gamma spike at $80 and a major call wall at $85: This signals aggressive options activity, and potential upside fuel if HOOD breaks through those levels - but traders should expect some resistance. Learn more about Gamma Exposure here When you combine: A $2M insider buy; Strong call options flow; A breakout to previous highs; and Crypto exposure via Bitstamp… …you get a high-conviction setup for short-term and long-term traders alike. Want the quick visual breakdown? Watch the HOOD reel now: Robinhood Insider Trading Activity Unusual Options Activity on HOOD Gamma Exposure for HOOD On the date of publication, Barchart Insights did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
17-06-2025
- Business
- Yahoo
Bitcoin Cash-Bitcoin Ratio Smashes Triangle Pattern; HYPE Rally May Be Over
Bitcoin cash BCH, the best performing top 100 cryptocurrency of the past 24 hours, looks set to chalk out a bull run against bitcoin BTC. That's because the BCH/BTC trading pair listed on Bitstamp has jumped out of a triangle pattern identified by series of descending intraday price highs and ascending price lows, both representing a narrowing price range. Breakouts from these patterns typically lead to significant moves, which means BCH could chalk out an impressive bull run against bitcoin in the days ahead. Adding to the bull case is the fact that the ratio has already topped the 200-day simple moving average, a barometer of long-term trends tracked by both retail and institutions. The ratio's expected ascent could face resistance at 0.00467, the swing low registered in February 2024, followed by the December high of 0.00636. The bullish outlook stands invalidation in case of a potential move below the monthly low of 0.00373. Decentralized exchange Hyperliquid's HYPE token may have headed lower, having chalked out a near five-fold rally to $44 in three months. HYPE's daily price chart shows that while the token has recently hit higher intraday highs, the 14-day relative strength, a momentum osicalltor, has diverged lower, confirming a so-called negative divergence. The pattern is said to reflect weakening of upside momentum and often presages bearish trend reversals.
Globe and Mail
12-06-2025
- Business
- Globe and Mail
HOOD's May 2025 DARTs Rise Y/Y: Is Product Expansion a Catalyst?
Robinhood Markets, Inc. HOOD has released the monthly operating data for May 2025. It reported a rise in equity, options, and crypto Daily Average Revenue Trades (DARTs) from the year-ago period. The data excludes Bitstamp, which was acquired on June 2, 2025. Equity DARTs in May were 2.3 million, which increased 15% from the prior year quarter. Options DARTs rose 50% year over year to 1.2 million. Crypto DARTs increased 66.7% from the prior year quarter to 0.5 million. This reflects Robinhood's efforts to become a leader in the active trader market through strengthening its market share. The company has been diversifying its offerings to capitalize on investor demands. HOOD has launched several initiatives to attract more clients and strengthen its market share. Last month, it launched Robinhood Legend in the U.K. In March 2025, the company introduced Robinhood Strategies, Robinhood Banking, and Robinhood Cortex to boost wealth management offerings and the prediction markets hub. Also, in February 2025, it launched options trading in the U.K, while in January, the company launched Futures. In October 2024, the company launched Index Options and Robinhood Legend to focus on web traders. In March 2024, it launched the Robinhood Gold Card for its Robinhood Gold customers, venturing into the credit card space. Thus, rapid product innovation through vertical integration will likely continue to expand the company's client base, enabling an improvement in transaction-based revenues. The metric witnessed a compound annual growth rate (CAGR) of 36.7% over the last five years ended 2024, primarily driven by options and equities trading. The uptrend continued in the first quarter of 2025. Competitors Scaling Up to Challenge Robinhood HOOD's key competitors, Interactive Brokers IBKR and TradeWeb Markets Inc. TW, have been rolling out products to bolster their market share. Interactive Brokers also witnessed a rise in May 2025 DARTs on a year-over-year basis, attributed to its evolving product suite. Last month, Interactive Brokers extended the trading hours for Forecast Contracts to about 24 hours a day. Further, in April, it added two new cryptocurrency tokens to its trading platform. TradeWeb launched electronic portfolio trading for European government bonds, spanning UK Gilts, EUR, and single currency notes. Tradeweb was also the first platform to launch portfolio trading for corporate bonds in 2019. Robinhood's Price Performance, Valuation and Estimate Analysis Shares of Robinhood have jumped 101% so far this year compared with the industry 's growth of 9.4%. Image Source: Zacks Investment Research From a valuation standpoint, HOOD trades at a forward price-to-earnings ratio of 56.09, well above the industry. Image Source: Zacks Investment Research The Zacks Consensus Estimate for Robinhood's 2025 and 2026 earnings indicates year-over-year growth of 12.8% and 21.3%, respectively. Over the past week, earnings estimates for both years have been revised upward. Robinhood currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Interactive Brokers Group, Inc. (IBKR): Free Stock Analysis Report Tradeweb Markets Inc. (TW): Free Stock Analysis Report Robinhood Markets, Inc. (HOOD): Free Stock Analysis Report
