Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.

2021

Best News & Analysis Provider

FxDailyInfo

2022

Best Forex Educational Resources Global

International Business Magazine

Insights

News

Stocks

Robinhood Teases Major Crypto Reveal — Will the Stock Hit New Highs Again?

Source Tradingkey

TradingKey – Robinhood (HOOD) is set to unveil a major crypto initiative at 11 a.m. ET on June 30, sparking widespread speculation and investor anticipation.

According to Bloomberg, the market is buzzing with rumors that Robinhood may launch tokenized U.S. asset trading in Europe, leveraging blockchain technology to offer cross-border access to American financial products. This aligns with earlier reports from May 8, suggesting Robinhood’s ambition to expand its crypto footprint internationally.

Another possibility? A Hong Kong crypto license. CEO Vlad Tenev previously stated in 2024 that the company plans to enter the Asian market in 2025, and a regulatory green light in Hong Kong could be a key milestone. (To learn which institutions hold Robinhood stocks, check out “star investors”)

Last Wednesday, Robinhood’s stock surged to an all-time high of $85, before pulling back slightly to $83 on Friday amid market volatility. The upcoming crypto announcement could serve as a fresh catalyst to push the stock even higher.

robinhood-crypto-stock-tradingview

Robinhood Stock Price Chart – Source: TradingView.

Disclaimer: For information purposes only. Past performance is not indicative of future results.

Recommended Articles

Natural Gas sinks to pivotal level as China’s demand slumps Natural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It

Author FXStreet

Jul 01, 2024

Natural Gas price (XNG/USD) edges lower and sinks to $2.56 on Monday, extending its losing streak for the fifth day in a row. The move comes on the back of China cutting its Liquified Natural Gas (LNG) imports after prices rose above $3.0 in June. It

Analysts Highlight 4 Reasons Why ETH Price Could Rebound Strongly in May Ethereum (ETH) has declined for five consecutive months. However, it enters May with rising optimism.

Author Beincrypto

May 07, Wed

Ethereum (ETH) has declined for five consecutive months. However, it enters May with rising optimism.

Dogecoin Follows Bearish June Trend With over 4% Losses – Is The Worst Over?The month of June has been historically bearish for the Dogecoin price, and so far, June 2025 is following the same trend. With just a little over a week into the month, the Dogecoin price has already seen a decline of over 4%, suggesting it is sticking to the established trend. If this is the […]

Author Bitcoinist

Jun 09, Mon

The month of June has been historically bearish for the Dogecoin price, and so far, June 2025 is following the same trend. With just a little over a week into the month, the Dogecoin price has already seen a decline of over 4%, suggesting it is sticking to the established trend. If this is the […]

Nvidia CEO begins stock sales under $865M plan Nvidia CEO Jensen Huang is selling some of his shares using a pre-approved plan.

Author Cryptopolitan

Jun 24, Tue

Nvidia CEO Jensen Huang is selling some of his shares using a pre-approved plan.

Gold price declines to fresh two-week low, further below $3,300 ahead of US PCE data Gold price (XAU/USD) attracts fresh sellers following the previous day's directionless price move and slides back below the $3,300 mark during the Asian session on Friday.

Author FXStreet

Jun 27, Fri

Gold price (XAU/USD) attracts fresh sellers following the previous day's directionless price move and slides back below the $3,300 mark during the Asian session on Friday.

Popular Symbols