This website collects cookies to deliver better user experience. Cookie Policy
Accept
Sign In
The Wall Street Publication
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Reading: Robinhood’s Crypto Business Is the Tail That Wags the Doge
Share
The Wall Street PublicationThe Wall Street Publication
Font ResizerAa
Search
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© 2024 The Wall Street Publication. All Rights Reserved.
The Wall Street Publication > Blog > Markets > Robinhood’s Crypto Business Is the Tail That Wags the Doge
Markets

Robinhood’s Crypto Business Is the Tail That Wags the Doge

Editorial Board Published October 27, 2021
Share
Robinhood’s Crypto Business Is the Tail That Wags the Doge
SHARE

The headline numbers for Robinhood Markets ’s third quarter and its near-term outlook won’t help the stock. Still, it isn’t all bad news.

Robinhood had a net decline in cumulative funded accounts from the second quarter to the third, from 22.5 million to 22.4 million. That is a big change from recent trends of explosive growth, when millions of accounts were on net added per quarter. New funded accounts were still about 670,000 in the third quarter, but about 870,000 accounts were “churned”—or left without funds for a while. A churned account isn’t necessarily a permanently lost one. About 110,000 accounts were “resurrected” from that status in the third quarter. But for now, evidently some users don’t mind being dormant.

TAGGED:MarketsPAIDWall Street Publication
Share This Article
Twitter Email Copy Link Print
Previous Article Microsoft Earnings, Sales Up Sharply Microsoft Earnings, Sales Up Sharply
Next Article NASCAR plays a glum, frustrated second fiddle to Formula One NASCAR plays a glum, frustrated second fiddle to Formula One

Editor's Pick

Kirill Dmitriev’s Vision: The Russia-Alaska Tunnel as a Geostrategic Imperative

Kirill Dmitriev’s Vision: The Russia-Alaska Tunnel as a Geostrategic Imperative

Executive Summary: A Strategic Announcement In a landmark social media post dated October 16, Kirill Dmitriev, Chief Executive Officer of…

By Editorial Board 6 Min Read
The 2025 Denim Playbook: The Finest Denims and Manufacturers for Each Type | Fashion
The 2025 Denim Playbook: The Finest Denims and Manufacturers for Each Type | Fashion

We independently consider all advisable services. Any services or products put ahead…

6 Min Read
Ottawa’s culinary neighborhood mourns younger Inuk chef killed in stabbing
Ottawa’s culinary neighborhood mourns younger Inuk chef killed in stabbing

The final time Patrick Garland noticed Joshua Qiyuk, the younger chef was…

3 Min Read

Oponion

Hair Product Errors & What to Do As an alternative | Fashion

Hair Product Errors & What to Do As an alternative | Fashion

We independently consider all really useful services and products. Any…

February 18, 2025

Kendra Licari: Why Did ‘Unknown Quantity’ Mother Take part In Stunning Netflix Doc?

Studying Time: 3 minutes When you’re…

September 8, 2025

Google Shares Fall as YouTube, Search Ads Take Hit

BusinessEarningsParent company Alphabet’s revenue growth in…

October 25, 2022

McDonald’s exec says no surcharges on eggs

Brian Vendig, MJP Wealth Advisors President,…

February 26, 2025

If You Purchase One Luxurious Model This Yr, Make It Bottega Veneta | Fashion

We independently consider all advisable services.…

October 24, 2025

You Might Also Like

See inside JPMorgan’s new B world headquarters in New York Metropolis
Markets

See inside JPMorgan’s new $3B world headquarters in New York Metropolis

FOX Enterprise correspondent Madison Alworth stories on the obstacles JPMorgan needed to overcome to ascertain its $3 billion New York…

5 Min Read
Why students condemn capitalism and lean into socialism
Markets

Why students condemn capitalism and lean into socialism

FOX Enterprise anchor David Asman joins ‘Mornings with Maria’ to interrupt down his sequence inspecting socialism’s rising affect in America’s…

3 Min Read
Trump pardons convicted Binance founder Changpeng Zhao
Markets

Trump pardons convicted Binance founder Changpeng Zhao

Gemini co-founders Tyler and Cameron Winklevoss focus on cryptocurrency’s progress beneath the Trump administration, their partnership with Mastercard for a…

4 Min Read
Molson Coors to chop tons of of jobs in restructuring plan
Markets

Molson Coors to chop tons of of jobs in restructuring plan

Tilray CEO Irwin Simon explains his firm's cannabis-infused beer and discusses President Donald Trump’s resolution on reclassifying marijuana on ‘The…

3 Min Read
The Wall Street Publication

About Us

The Wall Street Publication, a distinguished part of the Enspirers News Group, stands as a beacon of excellence in journalism. Committed to delivering unfiltered global news, we pride ourselves on our trusted coverage of Politics, Business, Technology, and more.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 The Wall Street Publication. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?