Bitcoin News Today: Robinhood Lists ONDO and FLOKI as Crypto Revenue Doubles

Robinhood, the prominent U.S.-based cryptocurrency trading platform, has recently listed two anticipated altcoins—ONDO and FLOKI—according to breaking news reported on July 22, 2025 [1]. The move marks the latest step in the platform’s ongoing strategy to expand its digital asset offerings and attract a broader range of investors. This addition follows Robinhood’s acquisition of Bitstamp for $200 million, a move that has strengthened the company’s market presence and infrastructure [4]. The listing has generated interest among traders seeking alternative investment opportunities beyond the major cryptocurrencies like Bitcoin and Ethereum.

The introduction of ONDO and FLOKI aligns with a period of increased activity in the altcoin space. For instance, a significant Dogecoin whale recently transferred 200 million DOGE from Robinhood, sparking renewed bullish sentiment in the broader market [2]. At the same time, technical indicators show Dogecoin hovering near key support levels, suggesting the need for careful monitoring of price movements [2]. In contrast, the listing of ONDO and FLOKI provides investors with access to newer, less established projects, offering potential for both growth and risk.

Robinhood’s crypto business has experienced notable growth, with its crypto revenue doubling in recent months [4]. This growth is attributed to the platform’s emphasis on asset tokenization and its ongoing expansion efforts. The company's user-friendly interface and low barriers to entry have contributed to its popularity among retail investors, many of whom are now seeking to diversify their portfolios with a wider range of digital assets.

The timing of the ONDO and FLOKI listing also coincides with a broader rally in the cryptocurrency market. On August 5, 2025, Ethereum and XRP emerged as top performers, while Dogecoin also showed strong movement [5]. Bitcoin remained stable near $114,668, with mixed technical signals indicating uncertainty about its next direction. Analysts noted that Bitcoin had moved above key resistance but had yet to confirm a clear trend reversal [5]. These dynamics suggest that while the market is showing signs of strength, volatility remains a key factor for investors to consider.

Liquidity and risk management are particularly important in the current environment. According to Coinglass data, over 85,000 traders were liquidated in the past 24 hours for a total of $234.22 million [5]. This underscores the high degree of volatility and the importance of disciplined trading strategies, especially for retail investors entering the market through platforms like Robinhood.

Institutional interest in Robinhood is also growing. A top Bank of America analyst has expressed a surprising preference for the platform over Coinbase in the crypto exchange sector [10]. This sentiment reflects confidence in Robinhood’s strategic direction and its ability to navigate evolving regulatory and market conditions. The analyst’s outlook highlights the platform’s potential to outperform other major players in the coming months, particularly as it continues to innovate and expand its offerings.

The listing of ONDO and FLOKI represents a strategic response to the growing demand for altcoins among Robinhood’s user base. While the long-term performance of these assets remains uncertain, their inclusion on a major trading platform can enhance their visibility and liquidity. Investors should remain cautious and conduct due diligence before committing capital, as the altcoin market is known for its high volatility and speculative nature.

Source:

[1] BREAKING: Robinhood, Popular US Crypto Platform, Lists Two Anticipated Altcoins. (https://en.bitcoinsistemi.com/breaking-robinhood-popular-us-crypto-platform-lists-two-anticipated-altcoins/)

[2] Best Altcoin In 2025? Big Money Favor Remittix (RTX) Over ... (https://zycrypto.com/best-altcoin-in-2025-big-money-favor-remittix-rtx-over-doge-and-ada/)

[4] Robinhood crypto revenue doubles as CEO bets big on ... (https://bitkan.com/news/robinhood-crypto-revenue-doubles-as-ceo-bets-big-on-asset-tokenization-60591)

[5] Bitcoin Holds Steady As Ethereum, XRP, Dogecoin Lead ... (https://www.benzinga.com/crypto/cryptocurrency/25/08/46840318/bitcoin-holds-steady-as-ethereum-xrp-dogecoin-lead-altcoin-rally)

[10] MARKETS - TheStreet Crypto: Bitcoin and cryptocurrency ... (https://www.thestreet.com/crypto/markets)