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Robinhood's $HOOD stock has seen a significant rise, hitting $21.57 after a low of $7.91 in mid-November. The company has surpassed $20 billion in trading volume with its 24 Hour Market feature since launching last year. Robinhood's move into crypto includes acquiring Bitstamp, signaling a bullish stance on crypto as a revenue source and catering to institutional clients.
The #1 retail stock trading app casually acquiring a crypto exchange and saying โcrypto will fundamentally recognize the financial system.โ Yet so many still think โthis cycle has topped.โ This cycle has hardly begun my friends. We go higher. https://t.co/3o10ssQbff
Robinhood is going all in on crypto Bullish https://t.co/rYzFoHKgMq
Robinhood acquiring Bitstamp signals how bullish they are on crypto as a growing revenue source that they want Bitstamp licenses & staking products. This will be the first time that RH will cater to institutional client which could be a turning point for them. https://t.co/75HULhWeWV
