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Stock trading and investing app Robinhood has reportedly been testing new features, including a crypto wallet and cryptocurrency transfers. “The ability to deposit and withdraw cryptocurrencies is tricky to do with scale, and we want to make sure it’s done correctly and properly.” Robinhood to Add Crypto Wallet and Transfer Features Investing app Robinhood is … Read more
Robinhood’s IPO prospectus shows that 9.5 million customers traded $88 billion of cryptocurrency on its platform in Q1 and the company held approximately $12 billion in crypto assets under custody, a 23-fold increase from last year. Meanwhile, 34% of Robinhood’s cryptocurrency revenue was attributable to the meme cryptocurrency dogecoin. Robinhood’s IPO Prospectus Reveals Crypto Business … Read more
Retail users have flocked to cryptocurrencies in 2021, with Robinhood reporting an increase in new monthly crypto traders of 15 times last year’s average. Go to Source Powered by WPeMatico
Spacex and Tesla CEO Elon Musk has been trying to get to the bottom of what happened with the popular trading app Robinhood when it stopped people from buying shares of hot stocks, like Gamestop. The shares of these stocks became popular due to the Wallstreetbets movement. Elon Musk Says People Want the Truth From … Read more
Robinhood Crypto and Libertyx have been granted licenses by the New York State Department of Financial Services. Robinhood is now authorized to offer the buying, selling and storing of seven cryptocurrencies. Meanwhile, Libertyx has become the first Bitlicensee to allow customers to use debit cards to purchase BTC from traditional ATMs in New York. Also … Read more
In today’s edition of The Daily we cover stories about Robinhood expanding to its 25th American state, recently discovered mining malware, Coinbase ditching its crypto index fund, and a new blockchain job for a former advisor to president Trump. Also Read: US Court Issues Emergency Order Halting a Planned Initial Coin Offering Robinhood Reaches 25th … Read more
Crypto trading app Robinhood is now available in more U.S. states. In October, the platform has launched services in Rhode Island, Tennessee and Arkansas. The move brings the total to 24 states whose residents can now make zero-commission trades in several leading cryptocurrencies. Also read: Increasing Number of Crypto ATMs in Europe Support BCH App … Read more
“Alaska, thanks for bearing with us,” popular smartphone trading app Robinhood tweeted. “Trade Bitcoin and other cryptocurrencies, commission free.” Mere days after, it announced the same for Oklahoma. Residents of the two states can now trade bitcoin cash, dogecoin, ethereum, ethereum classic, and litecoin on its platform. Also read: Colombia Crypto Exchange Asks New President … Read more
In this week’s daily editions of Bitcoin in Brief we reported about Coinbase increasing trading limits, Shapeshift acquiring Bitfract, Okex launching a white label platform called Coinall, and much more. The most commented-on article during the week covered the ‘Rich Dad, Poor Dad’ author, Robert Kiyosaki, which came out in favor of cryptocurrencies. Also Read: … Read more
While Coinbase, Binance, and other giant crypto exchanges have made a name for themselves and dominated the market, a new model is slowly taking root. The zero-fee trading model was advanced by Robinhood, and now a new entrant is seeking to snatch the crown. Voyager, backed by some renowned tech investors including an Uber co-founder, … Read more
