Robinhood Loses Out With Dogecoin in the Doghouse

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Robinhood Loses Out With Dogecoin in the Doghouse
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Robinhood’s revenue has been dented by a pullback in cryptocurrency trading, raising questions about the trading app’s staying power

Trading app’s revenue was dented by pullback in cryptocurrency trading, raising questions about the platform’s staying power

After tweets from Tesla CEO Elon Musk and rapper Snoop Dogg, the cryptocurrency Dogecoin, which started as a joke, topped $10 billion in market value. WSJ looks at why online investors are pouring money into the meme-inspired virtual currency. Photo: Yuriko Nakao/Aflo/Zuma Press

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