πŸ“‰ Robinhood Shares Suffer 10% Decline As Crypto Revenue Falls

πŸ“‰ Robinhood Shares Suffer 10% Decline As Crypto Revenue Falls - Hallo sahabat Berita Terkini, Pada Artikel yang anda baca kali ini dengan judul πŸ“‰ Robinhood Shares Suffer 10% Decline As Crypto Revenue Falls, kami telah mempersiapkan artikel ini dengan baik untuk anda baca dan ambil informasi didalamnya. mudah-mudahan isi postingan yang kami tulis ini dapat anda pahami. baiklah, selamat membaca.

Judul : πŸ“‰ Robinhood Shares Suffer 10% Decline As Crypto Revenue Falls
link : πŸ“‰ Robinhood Shares Suffer 10% Decline As Crypto Revenue Falls

Baca juga


πŸ“‰ Robinhood Shares Suffer 10% Decline As Crypto Revenue Falls

Hey Blockster,

It seems Robinhood's third-quarter revenue fell short of expectations by a lot.

According to the Q3 report the company behind the popular stock trading app published recently, Robinhood generated a total of $365 million net revenue in the third quarter of 2021, which is well below the $437 million predicted by Wall Street analysts.

The main reason behind the disappointing numbers is a major decrease in revenue from crypto transactions. While Robinhood recorded $233 million gains from digital asset transactions in the second quarter, cryptocurrency trading only generated $51 million for the company in Q3.

Due to the 78% fall in crypto transactions-related gains, Robinhood's net revenue decreased by 35% from Q2 to Q3. In addition, the stock trading app lost nearly 2.5 million active users during the same period.

However, Robinhood already has an idea or two to boost its revenue and reclaim its lost users in the last quarter of the year.

Check out this article on Blockdesk to learn how the company's falling revenue impacted its shares, along with other details about the story.

Want to read more about crypto? Look no further; check below to find our latest collection of exciting digital asset stories right from Blockdesk:

Binance Coin (BNB) Vs. KuCoin Token (KCS) – Which Is Better? – Since their launch, the native tokens of leading cryptocurrency exchanges have gained quite some traction. In addition, some issuers have even launched their own blockchains to empower their coins with a multitude of use-cases. In this article, we have compared Binance Coin (BNB) and KuCoin Token (KCS), two of the most popular exchange tokens currently on the market.

Microsoft Files For Brainwave Patent To Mine Cryptocurrency - Bizarre? – Fancy mining some coins while exercising at the gym or reading a book? While this may sound a bit bizarre, Microsoft has just filed a patent application to achieve just that by launching a system that can mine cryptocurrency via sensors that detect brainwave activities.

Mastercard Partners With Bakkt To Expand Cryptocurrency Usage For Consumers – Ready for some bullish news? Here you go: payment giants Mastercard has recently partnered with digital asset firm Bakkt to offer crypto solutions for its customers, which is expected to enable banks and merchants to integrate cryptocurrency into their existing solutions.

What Will Bitcoin, Ethereum, And Ripple Be In 5 Years? – Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are among the oldest cryptocurrencies that have managed to hold top positions among all coins on the market throughout their history. But will they achieve the same in the next five years?

That's all for you today. Be sure to check your inbox tomorrow, as we will return with a new batch of cryptocurrency stories. See you then!

Cheers,
The Blockster Team
LinkedIn
Facebook
Twitter
Instagram
© 2021 Blockster. All rights reserved
This message was sent to lelakikelasmenengah@gmail.com by info@blockster.com
Queensway, Midtown, Giblartar GX11 1AA, Gibraltar


Unsubscribe from all mailings Unsubscribe | Manage Subscription | Forward Email


Demikianlah Artikel πŸ“‰ Robinhood Shares Suffer 10% Decline As Crypto Revenue Falls

Sekianlah artikel πŸ“‰ Robinhood Shares Suffer 10% Decline As Crypto Revenue Falls kali ini, mudah-mudahan bisa memberi manfaat untuk anda semua. baiklah, sampai jumpa di postingan artikel lainnya.

Anda sekarang membaca artikel πŸ“‰ Robinhood Shares Suffer 10% Decline As Crypto Revenue Falls dengan alamat link https://beritaindoterkini2017.blogspot.com/2021/10/robinhood-shares-suffer-10-decline-as.html
Previous
Next Post »
0 Komentar