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Search results for April 12

Crypto

Robinhood memecoin launch? CEO reaction fuels market expectations

Interest is growing in whether Robinhood could expand its memecoin lineup after CEO Vlad Tenev (블라드 테네프) reacted to a memecoin-related post. A community has interpreted the reaction as a signal of an expansion push, U.Today reported. The reaction began when an X user shared a July post proposing a “Robinhood memecoin.” Robinhood has gained momentum in crypto since launching Robinhood Chain, an Ethereum-compatible layer 2 network, and chain metrics have also lifted expectations.

Finance

Goldman Sachs, CLSA join Nextrade as foreign brokers expand participation

Goldman Sachs Securities and CLSA Korea Securities will join alternative trading system Nextrade, the operator said on Aug. 31. Nextrade approved membership for Goldman Sachs Securities Co’s Seoul branch and CLSA Korea Securities on Aug. 28. The two firms plan to complete procedures, including building a smart order routing system, within this year before starting trading. Nextrade’s member brokerages increased to 38.

Crypto

XRP whales buy nearly $1 billion worth over four months despite 25 percent drop

Large XRP addresses holding at least 1 million tokens bought about $1 billion worth over the past four months even as the price fell more than 25 percent, data showed. Their combined holdings rose by 970 million XRP since April to 50.24 billion tokens, more than 80 percent of circulating supply. The biggest increase came from holders of 10 million to 100 million XRP, while price slid to around $1.01 after hitting new yearly lows in June.