Finally, Robinhood has entered the software wallet sector. Wallet users can now view their owned NFTs and coins.
Robinhood Wallet was created to compete with MetaMask.
Robinhood has recently entered the software wallet market. The crypto business released the Robinhood Wallet, accompanied by smartphone software that allows users to exchange and send cryptocurrency. Furthermore, users may now view their own NFTs and crypto. Currently, over 1 million waitlisted consumers have access via an access code. Last year, the stock and cryptocurrency trading company Robinhood collaborated with Polygon to build the wallet, a self-custody, Web3 wallet. The trading platform only released a test version of its Web3 wallet for iOS. In May 2022, it was made available to the first 10,000 users who signed up for the waitlist. The wallet was first housed on the Polygon blockchain, allowing users to trade and switch cryptocurrencies while incurring no basic network fees. Johann Kerbrat, a chief technological officer of the Robinhood Crypto & Trading Platform, made the announcement public. Johann also revealed that Robinhood Wallet simplifies the complexity of Defi and web3 to make cryptocurrency more accessible to everyone. Polygon, as the preferred blockchain network for Robinhood, provides speed, scalability, scalability, cheap network costs, and a wealthy developer environment. Robinhood's partnership with Polygon began in August 2022, when the platform launched functionality for MATIC withdrawals and deposits on the proof-of-stake (PoS) chain.
The whole story of the Robinhood wallet release might be confusing because of the changes that took place in the last couple of months. Previously, the crypto platform introduced a new transfer feature on its original trading app as a “Crypto Wallet” product. The feature was launched in beta in January 2022, and it allowed Robinhood users to transfer crypto to and from the platform.
Technically, it wasn’t a crypto wallet as it’s almost the same as how users can transfer crypto to and from Kraken, Coinbase, Binance, or any other crypto trading platform. The wallet that is now officially rolled out today is considered more like Phantom, MetaMask, or the Coinbase Wallet.
The Robinhood wallet released now is a completely different product which is purposely housed in a separate standalone app to allow users to have maximum control over their crypto. The new app provides access to more advanced features, like NFT marketplaces and connecting to decentralized apps.
Robinhood
Robinhood HOOD 1W ChartToday you can review the technical analysis idea on a 1W linear scale chart for Robinhood Markets, Inc (HOOD).
Robinhood price has broken out of an ascending triangle and re-tested the resistance heading lower. Measured move could bring the price down to $6. It is a weekly chart so it may take some time to get there.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #millionaireeconomics
hargreaves landowns stock, long term down trendLSE:HL.
1d candle chart, 4 year downtrend, short for me, maybe 2026 this thing will turn around,
support and resistance marked, for sensible entry and exits.
HOOD BULLISH AND BEARISH SCENARIO $$$As you can see, since HOOD formed a double top pattern, it has been consistently declining from the second peak. I have marked out the important resistance and support lines for you to get a better idea of where HOOD is headed. If HOOD is able to break the current resistance, it has a chance of retesting the main support again, but it tested the current resistance yesterday and failed to break through, giving us a rough sketch that HOOD might decline further.
Robinhood Markets Analyze🏹!!!Robinhood Markets is running near the resistance line & resistance zone & upper line of descending channel.
I expect Robinhood to go down at least to the support line I showed you in my chart.
Robinhood Markets Analyze (HOODUSD), Timeframe 4H⏰ (Heikin Ashi).
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
SPY SPY FED meeting Now first things first for spy I have calls above 386.19 and I have puts below 384.77
Next do not let these meetings fool you they already did there buying and selling . You they are cracking down on Nancy for that market manipulation trading with her and her husband but tbh they don't care nor with they throw them in jail. That's what these folks do manipulation in every aspect of life .
But we have to win the game and stop blaming cheaters it happens .
told you guys yesterday don't get caught short and you seen they did the same things from Friday . pump it up and leave your ass with the bag. be smarter please . comment what you think .
SPY SPY SPY Quad Witching Hey to you all.
Ive been trading spy for some years now and I figured, I would like to give this a shot and get the chance to make some new friends and talk about the stock market. Lets Make some money. So for starters we see spy already gapping down early this morning for 1 reason only. have you seen the news lately ? But I will be honest the news tricks you. Pay attention to the charts and keep ya ish tight and leave your emotions at the door once the bell rings. I have spy going to atleast $380 by the end of the day . Lets check back in when the market closes . Ive been puts since 411 and again at 400 and again at 395.
DXY OVER THE LAST 26 DAYSQuick thought of the current market trend.
Since the dollar has been stuck in a range over the last 26 days trading has been difficult. With no established trend direction we wait until a new one has been decided upon, we are bias to the upside
THE ROBINHOOD COMMUNITY:
KNOWS THE STEPS WE TAKE HERE.
DISTRIBUTE: OLD TRADES THAT MAY HAVE HIT THEIR PROFIT TARGETS + TAKE PROFITS
ACCUMULATE: ENTER INTO NEW TRADES KEEPING A GOOD AMOUNT OF OLD TRADES OPEN TO CONTINUE TO PROFIT FROM ONCE THE DXY MOVES HIGHER AGAIN.
HOOD 20 % drop - Head and Shoulders On 18 of July 2022 the price managed to broke out above the downsloping resistance line and since then we saw some upside.
- Now the price is forming the Head and Shoulders pattern.
- We expect the formation to break down in the next days. However it may take a few days to form the right shoulder which may be a little bit extended.
-The target would be at 7 $ which would be a result of a 20 % drop.
After that we expect the price to create a higher low.
- If the price breaks below previous all time low, new lows are coming.
Good luck
AVAX listing on RobinhoodI heard AVAX got listed on Robinhood.
After the initial pump, Price has been testing 30.23 level, worth keeping an eye on.
If the News entry was missed, it's worth waiting to see for 30.23 to be definitively Confirmed or Rejected before opening a Trade.
As I'm writing this, the current 4H Candle looks Oooff!
AVAX Long : Bounce with a Confirmation off 30.23, targeting 31.25 and seeing how it goes from there.
AVAX Short : 30.23 Rejected, News hype died down, targeting 27.30
August 4 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Non-fungible token (NFT) sales in July on secondary markets fell 25% from June to US$650 million, the second month in a row under US$1 billion, according to data from NFT aggregation site CryptoSlam. Bitcoin is up 1.64% over the last 24 hours and rose to an intraday high of $23,650.00. Bitcoin bounced off from the 20-day exponential moving average (EMA) ($22,582) today, suggesting the 20-day EMA is acting as strong support. The bulls will attempt to push the price above the overhead resistance at $24,668. If they succeed, the BTC/USDT pair could pick up momentum and rally to $28,000. However, if the bulls cannot hold the price above the 20-day EMA, the bears will attempt to pull the pair below the 50-day simple moving average (SMA) ($21,292).
Today’s Cryptocurrency Headline
Robinhood Cuts Nearly a Quarter of Staff
Vlad Tenev, CEO of stock and cryptocurrency trading platform Robinhood, announced that the company is reducing about 23% of its headcount. While employees from all functions will be impacted, the changes are particularly concentrated in the operations, marketing, and program management functions. "We have seen additional deterioration of the macro environment, with inflation at 40-year highs accompanied by a broad crypto market crash. This has further reduced customer trading activity and assets under custody," said Mr Tenev. In April, the firm slashed 9% of its workforce.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
$HOOD Fibonacci, Bull Flag, Trend line Retouch, now we go up?This chart is similar to the chart for WISH, in my opinion. Similar, yet holds a few critical differences- primarily, the trend line placement & consolidation since March 29th. It looks to me like the price consolidated in this wedge, is being held up, formed a bull flag, came back down to touch it, & in doing so has consolidated further on the fib levels of a fibonacci pattern, & is due to move upward.
Unless, of course, there's a whole lot more sideways action.. As we see with WISH.
*Not trading advice.
Robinhood (NASDAQ: $HOOD) Trading For Less Than $10 Per Share!🏹Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), options, gold, and cryptocurrencies. The company also offers various learning and education solutions comprise Snacks, a digest of business news stories; Learn, which is a collection of approximately articles, including guides, feature tutorials, and financial dictionary; Newsfeeds that offer access to free premium news from various sites, such as Barron's, Reuters, and The Wall Street Journal; lists and alerts, which allow users to create custom watchlists and alerts to monitor securities, ETFs, and cryptocurrencies, as well as cash management services; and offers First trade recommendations to all new customers who have yet to place a trade. Robinhood Markets, Inc. was incorporated in 2013 and is headquartered in Menlo Park, California.
HOOD earnings in 5 daysI expect a great quarter from HOOD after they listed SHIB.
I remember the substantial increase in revenues came after the DOGE listing. This time is SHIB.
But they also have great business strategies:
Robinhood Markets acquired Ziglu Ltd., a London-based crypto and payments company, targeting international expansion.
After they recently listed SHIB on their platform, Robinhood plans to offer 24/7 trading to its customers too.
Traditional market hours run from 9:30 a.m. to 4 p.m., nut Robinhood already offered extended trading starting at 9 a.m. and ending at 6 p.m. and they recently announced a new extension, from 7 a.m. to 8 p.m.
Robinhood could be the Millennial and Gen-Z ‘Schwab’, said a Morgan Stanley analyst.
In the chart you can clearly see the uptrend with a $19 price target.
Looking forward to read your opinion about it.
Robinhood (NASDAQ: $HOOD) Showing Massive Bullish Divergence! 🔑Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), options, gold, and cryptocurrencies. The company also offers various learning and education solutions comprise Snacks, a digest of business news stories; Learn, which is a collection of approximately articles, including guides, feature tutorials, and financial dictionary; Newsfeeds that offer access to free premium news from various sites, such as Barron's, Reuters, and The Wall Street Journal; lists and alerts, which allow users to create custom watchlists and alerts to monitor securities, ETFs, and cryptocurrencies, as well as cash management services; and offers First trade recommendations to all new customers who have yet to place a trade. Robinhood Markets, Inc. was incorporated in 2013 and is headquartered in Menlo Park, California.
HOOD targeting international expansionRobinhood Markets acquired Ziglu Ltd., a London-based crypto and payments company, targeting international expansion.
After they recently listed SHIB on their platform, Robinhood plans to offer 24/7 trading to its customers too.
Traditional market hours run from 9:30 a.m. to 4 p.m., nut Robinhood already offered extended trading starting at 9 a.m. and ending at 6 p.m. and they recently announced a new extension, from 7 a.m. to 8 p.m.
Robinhood could be the Millennial and Gen-Z ‘Schwab’, said a Morgan Stanley analyst.
In the chart you can clearly see the uptrend with a $19 price target.
Looking forward to read your opinion about it.
Bitcoin Reclaims $40,000Bitcoin climbed back above $40,000 and it might move to $45,000 amid a broad rally in financial markets, while day-trading favorite Shiba Inu surged more than 30%.
Shiba Inu and three other tokens — Solana’s SOL, Polygon’s Matic and Compound’s COMP — were all listed for the first time on Robinhood Markets Inc.’s platform.
Shiba, which trades at a fraction of one U.S. cent, was the biggest gainer of the four, which all climbed in price.
Bitcoin had dropped Monday to below $40,000 for the first time in more than three weeks. It was about 1.2% higher at $40,315 as of 9:41 a.m. in New York. Ether also strengthened, rising to just above $3,000. Some smaller coins posted larger gains, with Avalanche rising 6.3% and Cardano advancing 2.7%.