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Robinhood buys $25 million in BTC

Robinhood (HOOD) has added $25 million worth of bitcoin to its balance sheet, as it wants to show the crypto community that it truly believes in the asset class as more than just a profit generating machine.

Oct 7, 2026

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2 min read


Coinbase Pro returns

Coinbase plans to bring back Pro by year-end, alongside its completed Deribit integration and upcoming rollout of crypto options and spot margin trading. The rebuilt Pro will target high-volume traders with faster order routing and tools for complex strategies. If the names are getting confusing, Coinbase One is the paid membership offering fee benefits and other perks. Pro will be a dedicated trading platform. Read more →

Robinhood buys $25 million in BTC

Robinhood (HOOD) has added $25 million worth of bitcoin to its balance sheet, as it wants to show the crypto community that it truly believes in the asset class as more than just a profit generating machine. With that being said, for a company with a nearly $100 billion market cap and $5 billion in cash on the balance sheet, a purchase of this size is honestly relatively small. For context, 294 BTC places the company at #74 on the public bitcoin treasuries list. Read more →

Altcoins lose their lead

Fewer than three in ten altcoins beat bitcoin over the latest week, down from roughly seven in ten in each of the prior two weeks, according to Glassnode’s This Week Onchain report. Meanwhile, the share of large-cap altcoins with unusually high leverage relative to their market value is at its highest since the run-up to the October 2025 crash. That leaves the altcoin market vulnerable to forced selling if prices keep falling. The report also digs into bitcoin’s thin-volume rally and the levels where leveraged bets could start unwinding. Read more →

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