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Thanh_TDo
@thanhtdo
Robinhood crypto volumes dip in April, but Mizuho sees no cause for concern Mizuho Securities remains positive on Robinhood’s crypto outlook despite a slowdown in April trading activity, citing rising take rates and sustained interest amid bitcoin’s recent gains. Robinhood reported first-quarter earnings and revenue that beat analyst estimates on Wednesday. While cryptocurrency trading volume rose 28% year-over-year to $46 billion, this was a notable drop from a record-high of $70 billion in the fourth quarter of 2024.
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