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Robinhood (HOOD) Stock Drops to 2026 Low Despite $1.5B Share Buyback Authorization

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HOOD Stock Card

Key Highlights

  • The board of directors greenlit a $1.5 billion share repurchase initiative, injecting $1.1 billion in fresh buyback authority into the existing program
  • The share repurchase initiative is scheduled to span three years beginning in the first quarter of 2026
  • Shares of HOOD declined 4.7% on Tuesday, closing at $69.08—the lowest level recorded in 2026
  • The company’s brokerage arm secured an enhanced revolving credit line with JPMorgan, increasing it to $3.25 billion from $2.65 billion
  • Year-to-date, HOOD has dropped approximately 39%, representing a 54.7% decline from its October peak of $152.46

Robinhood (HOOD) has greenlit a $1.5 billion share repurchase initiative even as its stock price continues its downward trajectory, reaching its weakest closing price of 2026 on the day of the announcement.


HOOD Stock Card
Robinhood Markets, Inc., HOOD

According to an 8-K filing submitted to the U.S. Securities and Exchange Commission, the board of directors authorized the repurchase program on Tuesday, March 24. The initiative introduces over $1.1 billion in additional buyback authorization, supplementing the remaining capacity from a prior program.

The financial services platform anticipates executing the share repurchases across approximately three years, commencing in the first quarter of 2026. The company maintains flexibility with no obligation to repurchase a predetermined amount.

Robinhood Chief Financial Officer Shiv Verma described the firm as “a generational company with a massive long-term opportunity,” stating that the authorization demonstrates the board’s belief in the company’s capacity to “continue delivering innovative products for customers and creating value for shareholders.”

Shares closed Tuesday’s trading session at $69.08, representing a 4.7% decline for the day. This marked HOOD’s weakest closing price in 2026. In extended trading, shares recovered slightly to $70.90.

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Significant Retreat from October Peak

The stock has plummeted nearly 39% since the beginning of 2026 and has tumbled 54.7% from its record high of $152.46 reached in October. Macroeconomic headwinds and geopolitical uncertainty have pressured technology stocks and cryptocurrency-related equities alike.

Despite the challenging 2026 performance, HOOD remains approximately 43% higher compared to twelve months ago, buoyed by the platform’s strategic expansion into prediction markets, banking services, and cryptocurrency trading capabilities.

According to analyst sentiment tracker TipRanks, the average 12-month price target for HOOD stands at $123.85. Based on assessments from 16 Wall Street analysts, the consensus recommendation is classified as “strong buy.”

Share buyback programs are generally interpreted as management’s indication that the stock is trading below its intrinsic value—though investors appeared unimpressed by Tuesday’s announcement, as reflected in the day’s price action.

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Enhanced Credit Line Provides Additional Financial Flexibility

In conjunction with the repurchase program disclosure, Robinhood Securities—the company’s registered brokerage entity—finalized an amended revolving credit arrangement with JPMorgan Chase as the lead arranger.

The credit facility was increased to $3.25 billion from its previous $2.65 billion limit. Additionally, the agreement includes provisions to potentially expand total commitments to as much as $4.875 billion, providing substantial liquidity flexibility.

Meanwhile, Robinhood continues advancing its cryptocurrency and tokenization strategy. The company released its Ethereum layer-2 blockchain network, Robinhood Chain, to public testnet in February.

Chief Executive Officer Vlad Tenev reported that the network handled 4 million transactions during its inaugural week on testnet. Robinhood Chain is designed to facilitate tokenized equities, exchange-traded funds, and other conventional financial products.

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The mainnet deployment is scheduled for later in 2026.

HOOD concluded Tuesday’s regular trading at $69.08, with after-hours activity pushing the price modestly higher to $70.90.

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Crypto World

Trump Crypto Price Test: A Bounce or A Downtrend Extension

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The technical structure for TRUMP crypto is currently fragile. The asset is trading just above a critical support level at $3.30.

TRUMP crypto hangs precariously around the $3.34 mark, posting a deceptive 3.11% gain over the last 24 hours while trading volume plummeted by 8.84% to $145.36 million. The asset has shed 10% of its value in the past week, consolidating after a series of sharp corrections that have shaken holder confidence.

This divergence, rising price on falling volume, often signals a lack of conviction with the coin itself, occurring as the broader market navigates geopolitical tensions and extreme volatility. With technical indicators flashing conflicting signals, the immediate path remains ambiguous.

Discover: The best pre-launch token sales

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Can TRUMP Crypto Recover or Is a Breakdown Imminent?

The technical structure for TRUMP is currently fragile. The asset is trading just above a critical support level at $3.30. A failure to hold this line could be catastrophic, potentially triggering a “death cross” scenario if the price slips below the $3.20 threshold. This bearish formation typically invites aggressive short-selling, which would deepen the correction significantly.

However, the data offers a glimmer of hope. The Relative Strength Index (RSI) sits at 56.44, indicating a mild bullish bias (some room to run), and the Bull Bear Power (BBP) reading of 0.133 suggests buyers retain a slight edge.

Yet, the broader money flow tells a different story. The Technical outlook is clouded by a Chaikin Money Flow (CMF) of -0.15, revealing that capital is actively exiting the asset despite the minor price bump. Additionally, the MACD and signal lines remain submerged below the zero line, confirming that bearish momentum still dominates the trend.

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The technical structure for TRUMP crypto is currently fragile. The asset is trading just above a critical support level at $3.30.
TRUMP USDT, TradingView

For a reversal to stick, bulls must push past the $3.37 resistance. A sustained close above this level could initiate a golden cross, driving the price toward $3.40. Without a surge in volume to back this move, however, any rally is likely to be sold into.

Discover: The best crypto to diversify your portfolio with

LiquidChain Targets Early Mover Upside as TRUMP Stagnates

While TRUMP holders anxiously watch the $3.31 support, smart money is increasingly rotating into utility-dense infrastructure plays that solve fundamental market fragmentation. Traders fatigued by meme coin volatility are pivoting toward projects like LiquidChain ($LIQUID), a Layer 3 protocol designed to unify the scattered liquidity of the crypto ecosystem.

Unlike speculative assets reliant on sentiment, LiquidChain fuses Bitcoin, Ethereum, and Solana liquidity into a single execution environment. The presale data confirms this demand: LiquidChain has already raised $600K as of right now.

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Currently priced at $0.0143, the entry point offers a huge 1700% APY staking rewards. With features like verifiable settlement and a unified liquidity layer, $LIQUID aims to be the connective tissue of the multi-chain future. The contract itself has been audited by Certik, the benchmark of crypto safety.

Research LiquidChain Presale Today

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes only and does not constitute financial advice.

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Ripple Joins Singapore Sandbox to Test RLUSD in Trade Finance

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Ripple Joins Singapore Sandbox to Test RLUSD in Trade Finance

Financial technology company Ripple said Wednesday it had joined the Monetary Authority of Singapore’s (MAS) BLOOM initiative with supply chain finance technology firm Unloq to test programmable cross-border trade settlement using the XRP Ledger and Ripple USD.

The pilot will use Unloq’s SC+ smart-contract-driven trade finance infrastructure, which integrates trade obligations, settlement conditions and financing workflow into a single execution layer. The pilot will also utilize Ripple’s XRP Ledger (XRPL) and its stablecoin designed for enterprise use cases, Ripple USD (RLUSD), the announcement states.

MAS launched BLOOM, short for Borderless, Liquid, Open, Online, Multi-currency, in October 2025 to extend settlement capabilities using tokenized bank liabilities and regulated stablecoins.

The pilot comes a little under four months after Ripple said MAS had approved an expanded scope of payment activities for the major payment institution license held by its Singapore subsidiary, Ripple Markets APAC, in December 2025.

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Ripple and Unloq said the pilot will use digital settlement assets, including stablecoins and tokenized bank liabilities, with RLUSD payments released when predefined commercial conditions are met. The companies said the model is intended to improve visibility into settlement risk and support trade-finance access for smaller businesses.

Cointelegraph reached out to Ripple for comment on the timeline and details of the pilot initiative.

Related: Stablecoin issuers and fintechs race to own payment rails

Singapore embraces tokenization

Singapore has continued to expand its tokenization agenda across payments, settlement and capital markets.

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On Nov. 13, 2025, MAS announced plans to issue tokenized MAS bills to primary dealers, which will be settled using its wholesale central bank digital currency. The central bank said it will share more details about this future trial in 2026.

A day later, on Nov. 14, MAS updated its Guide on Digital Token Offerings to clarify how Singapore’s Securities and Futures Act (SFA) applies to tokenized capital market products and issuing entities. The new guide included case studies, disclosure expectations, and pilot program criteria for the responsible development of tokenization initiatives.