As major fintech companies like Robinhood Markets and Revolut explore issuing their own stablecoins, the sector is poised for disruption amid tightening European regulations.

The world of cryptocurrency is poised for transformation, with experts like Robinhood CEO Vlad Tenev labeling it as an "infrastructure upgrade" for financial services.

Barclays Research has upgraded its outlook on Coinbase (COIN) and Robinhood (HOOD), citing improvements in their business models and financial standing.

S&P 500 has jumped by nearly 52 percent from the lows seen during panic selling in March 2020.