CaryptosHeadlines Media Has Launched Its Native Token CHT.
Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT.
Join the Airdrop at the official website,
CryptosHeadlinesToken.com
The stock of Robinhood grew 7.08% in the last trading session and closed trading at $42.02, and in the weekly frame, prices are up by 16.48%; as per the claims, the spike in the price has been seen following the launch of a betting hub with an alliance with Kalshi.
In the past few years, Robinhood has continued to expand its presence in the crypto market with different features, and per claims, it generates considerable revenue from the crypto market.
Nasdaq: HOOD trading above the estimated prices
According to the data from Google Finance, the stock of Robinhood has added 83.09% to its prices and is up by 6.57% in the year-to-date time frame; yet it is down around 30.48% in the past 30 days.
In the 52-week time frame, HOOD stock traded between the range of $13.96 to $66.08, and the market capitalization of Robinhood is $37.14 billion.
Worth noting that the market cap of Robinhood grew 7.08% in the past 24 hours and grew roughly 130.75%, compared to the market cap of 2023, the cap grew more than 213.08%.
Per the stats, the revenue of Robinhood in the last quarter of 2024 was $1.01 billion and grew 115.29% year on year; net income was $916.00 million, and operating expenses were $496.00 million.
The press time trading prices of HOOD stock are above 100 and 200 days exponential moving average and at the same time below 20 and 50 days EMA.
The annual price target of Robinhood stock is $68.29, which is around 63% greater than its current trading price, and its average volume in the past 49 days is 42.29 million.
In some sectors, Robinhood and Coinbase are closely competing but the dominance is held by Binance, which is one of the most used crypto exchanges worldwide.
On March 06, 2025, it was reported that Robinhood partnered with CQG to expand its presence in the crypto futures trading category; several big names in the market seem to be supporting Robinhood in its business.
Crypto market updates
Despite the changing momentum in the wider market, the market capitalization remains below the mark of $3 trillion at $2.72 trillion, with a monthly loss of 18%.
Also, Bitcoin seems to be suffering below its 50, 100, and 200-day exponential moving average and trading at $83.241, its prices have continued to face a rejection, which reflects the fading interest of long-term investors.
For the 1st time in the past quarter, Ethereum is below $2,000 at $1,890, and its market cap was also down by 31% in the same frame.
