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Stock impact report

Bitcoin Rally and ‘Short Memories' Reignite Everything In Crypto [Yahoo! Finance]

Robinhood Markets, Inc. - Class A (HOOD) 
Company Research Source: Yahoo! Finance
Most Read from Bloomberg Here's Everything Apple Plans to Show at Its AI-Focused WWDC Event Singapore Retail Tycoon's Son Seeks $62 Million Mansion Sale Real Estate Investors Are Wiped Out in Bets Fueled by Wall Street Loans Putin Is Running Out of Time to Achieve Breakthrough in Ukraine The Banks That Hold Most Money in Singapore Laundering Scandal The change of heart can be seen in the improved outlook for deal flow, highlighted by Robinhood Markets Inc.'s purchase of crypto exchange Bitstamp Ltd. on Thursday, to a resurgence of venture-capital investments to what some analysts are expecting to be record amount of initial public offerings of companies connected to the industry. In the crypto market itself, there's been a notable return of the hallmarks of previous bull markets: Celebrities are once again promoting crypto, and new tokens are being created at a rate of thousands per day, with some 330,000 coins debuting in the Ethereum ecosystem in April and May alone, Show less Read more
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