The Daily: Blackrock Probes Market, Coinbase to List Securities, Bitpay Gets a Bitlicense

In today’s edition of Bitcoin in Brief we cover the news that the world’s largest asset manager Blackrock is examining the crypto market, Coinbase is approved to list security tokens, and Bitpay got a New York Bitlicense. Additionally, the BCH exchange rate is now displayed directly on Google. Also Read: UK Mosque Collects Four Times … Read more

Robinhood Crypto App Adds Bitcoin Cash and Litecoin Trading

The Robinhood Crypto app now supports bitcoin cash (BCH) and litecoin (LTC) trading. Thanks to adding the cryptocurrency service, the app has achieved rapid growth and is now boasting a user base of 5 million people, up from just 3 million before.     Also Read: Bitcoin in Brief Thursday: Crypto Phones, Spy Games, Binance … Read more

Robinhood App Valued at $5.6 Billion – Now Available in 10 US States

Trading app Robinhood which started offering bitcoin and ether trading in February has attained a valuation of $5.6 billion after raising $363 million, the company has confirmed. The app is now available in 10 U.S. states. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space $5.6 Billion Valuation Robinhood started out about three years ago … Read more

Robinhood App Expands Cryptocurrency Trading to Two More US States

Almost three months after starting to roll out cryptocurrency trading, Robinhood has expanded the service to another two more American localities. This means that residents of eight US states in total now have access to Robinhood Crypto. Also Read: This Week in Bitcoin: Bacon War, Mining Trucks and Coinbase Salutes Regulator Robinhood Crypto Reaches Eight … Read more

Robinhood App Expands Cryptocurrency Trading to Another US State

Two months after starting to roll out crypto trading, Robinhood has finally expanded the service to another American state. For now, it’s still supporting just bitcoin and ethereum, however the app is expected to add at least another fourteen cryptocurrencies eventually. Also Read: Crypto Funds Drop 29.2% in March Reveals Hedge Fund Data Specialist Robinhood … Read more

Since Embracing Bitcoin, Robinhood App Value Jumps to $5.6 Billion

In just three years, Robinhood Financial LLC has exploded. It gained traction as a free stock trading smartphone application (app). At the start of this year, they announced incorporation of bitcoin and ether trading, using free trades as a loss leader to gain customers. The model seems to be working, as the Wall Street Journal … Read more

Robinhood Starts Rolling Out Cryptocurrency Trading Today

Robinhood has finally launched today its highly anticipated crypto trading for bitcoin and ethereum, allowing its now 4 million investors to trade cryptocurrencies alongside stocks, ETFs, and options on the same platform. The feature is being gradually rolled out to people residing in five American states. Also Read: Bug at Japanese Government-Approved Zaif Exchange Let Users … Read more

Jay-Z Expands Portfolio to Include Crypto

Nas and Snoop Dogg have backed trading application Robinhood, and now legendary rap star Jay-Z has added his imprimatur through a subsidiary, Arrive. Robinhood is already valued at over a billion dollars, closing in on 1.5 billion as of this writing, having recently announced Robinhood Crypto.   Also read: Internet Pioneer Who Influenced Assange & Snowden … Read more

Jay Z’s Company Invests in Robinhood’s Cryptocurrency Trading Platform

Renowned rapper and producer Jay Z’s entertainment company Roc Nation, founded in 2008, has invested in Robinhood’s cryptocurrency trading platform. Arrive, a subsidiary of Roc Nation, stated in an official announcement that it has invested in Robinhood because of its vision to improve the accessibility of financial markets. Arrive’s statement emphasized the importance of Robinhood’s … Read more