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Robinhood’s Crypto Cash Wanes, Trade Reins in Gains

Author: Aishwarya shashikumar
Estonia
Aug 03, 2023 07:10

Robinhood’s Crypto Cash Wanes, Trade Reins in Gains

The most recent earnings report from Robinhood reveals a significant decline in revenue derived from cryptocurrency transactions. The California-based company experienced an 18% drop in this revenue during the second quarter. This reduction can be attributed partly to a decrease in the number of customers engaging in trades. The earnings report highlights that revenue connected […]

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