Dubai, United Arab Emirates
Joined December 2022
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CryptoDubai SaitaChain 💰💰 retweeted
BILLIONAIRE AND GRAYSCALE FOUNDER BARRY SILBERT SAYS “THE DIP IS A GIFT FROM THE GODS.”
“A massive capital rotation is about to begin.” 🚀
CryptoDubai SaitaChain 💰💰 retweeted
The Clarity Act is stalled because banks are terrified you'll earn more than 0.5% on your money.
They want to BAN stablecoin yields while they pocket the spread themselves.
This was never about consumer protection. This was about protecting their deposit monopoly.
Same banks that blew up in 2008. Same playbook.
CryptoDubai SaitaChain 💰💰 retweeted
The Clarity Act is stalled because banks are terrified you'll earn more than 0.5% on your money.
They want to BAN stablecoin yields while they pocket the spread themselves.
This was never about consumer protection. This was about protecting their deposit monopoly.
Same banks that blew up in 2008. Same playbook.
CryptoDubai SaitaChain 💰💰 retweeted
It’s always the same outcome, Banks and Crypto firms get together, meeting closed door, NO DEAL same outcome every time kicking the can down. @brian_armstrong
CryptoDubai SaitaChain 💰💰 retweeted
I'm confident we can achieve a market structure win-win that advances the President's crypto agenda while addressing the concerns of the banks. Our focus throughout will be to advocate for what's best for crypto users.
We’re all in - we were the first ones fighting for market structure before it was popular, and we’re staying at the table. GENIUS passed 6 months ago and is now being re-litigated. That deeply impacts our customers.
Coinbase attended both recent White House meetings and the crypto industry is aligned. We’re making good progress towards reaching a win-win-win between the White House, banks and crypto, and we'll keep advocating for what's best for crypto users, especially core consumer benefits like rewards.
CryptoDubai SaitaChain 💰💰 retweeted
BREAKING: $HOOD CATHIE WOODS BUY $34 MILLION
HOOD also launched a new vertical with prediction markets
It hit a $300M run-rate in 12 months.
They have $324B in assets.
This sell off is over exaggerated.
$HOOD EARNINGS SELL IS A GIFT
Since 2017:
Platform assets: $5B → $324B
Revenue: $49M → $4.4B
Adj. EBITDA: -$74M → $2.5B
Expenses up only 20% YoY.
And people are worried about a short-term dip?
Zoom out.
CryptoDubai SaitaChain 💰💰 retweeted
$HOOD reported earnings on Tuesday and the market has rewarded it with a -18% so far. But is the market right?
@dustinalper and I talked about Robinhood's earnings and what @vladtenev and company are doing that makes me believe Robinhood is a 10x opportunity in 10 years!
CryptoDubai SaitaChain 💰💰 retweeted
$HOOD: “Over this year, we’ll be launching and scaling the Robinhood Chain, which is our Layer 2, making it the best chain to trade real-world assets. More on this coming very soon.” – @VladTenev
The future of finance is onchain.
The Robinhood Chain testnet is live for developers. Let us know what you think. docs.robinhood.com/chain
CryptoDubai SaitaChain 💰💰 retweeted
We’ve set out with a simple goal: make Robinhood Gold the best value for our customers.
Today, that includes raising our rate to 3.35% APY on eligible brokerage cash – delivering even more return for Robinhood Gold members.
More to come!
CryptoDubai SaitaChain 💰💰 retweeted
$HOOD
For the first time in four years, $GME is now NOT part of the top 10 investments on Robinhood.
Robinhood releases an investor index that shows the top 10 names owned across the platform.
$PLTR made the list last year as the newest entrant, the other 8 have been pretty consistent:
$GOOGL $NVDA $META $AMZN $TSLA $MSFT $AAPL $F
Basically Big Tech + Ford (Robinhood gave away many shares in 2019 of this stock to new users) and then Palantir as of last year.
The stock to knock out Gamestop from the top 10 assets after four years?
$NFLX Netflix.
Looks like Robinhood users sold off $GME and decided to buy a company that is down 40% from the highs at such a magnitude that it ended up becoming a top 10 asset on the platform.
CryptoDubai SaitaChain 💰💰 retweeted
$HOOD 🚨BREAKING NEWS🚨
Robinhood is fully launching SHORT SELLING after every Tech stock on earth is down -50% 🤣
CryptoDubai SaitaChain 💰💰 retweeted
Robinhood CEO @vladtenev says “Robinhood Social” is launching in the coming weeks with "whale tracking" so users can follow and copy trades from politicians and other traders, like Nancy Pelosi: