Tag: robinhood

Apr 12 2021

Robinhood Adds 9.5 Million New Crypto Users As Mainstream Adoption Continues

As cryptocurrencies continue to surge to new highs and bask in the media’s limelight, Robinhood reported major growth in the number of users trading crypto on their platform. According to...

Apr 09 2021

Robinhood Saw Cryptocurrency Trading Spike To 9.5 Million Customers In Q1

Apr 09 2021 Published at Bitcoin Magazine under tags  markets robinhood

Robinhood announced major growth in the number of customers making cryptocurrency trades — up to 9.5 million in the first quarter of 2021.Financial services company Robinhood has announced that in the first quarter of the year, the number of its customers who traded cryptocurrency spiked to an all-time high of 9.5...

Robinhood Reports Surge in Cryptocurrency Traders

More than 9.5 million customers traded crypto on the company’s platform in Q1 of 2021.

Mar 19 2021

Robinhood Expanding Crypto Services, Slams Coinbase

Mar 19 2021 Published at Crypto Briefing under tags  business doge dogecoin gamestop gme

Robinhood CEO Vlad Tenev announced that the company would list more cryptocurrencies and hire extra crypto staff. The expansion comes in the wake of a major controversy surrounding the company's delisting of various "meme stocks," leading to accusations of Wall Street collusion. Robinhood Reveals...

Mar 05 2021

The IRS Clarifies Its Position on Crypto Purchases

Mar 05 2021 Published at Unchained Podcast under tags  bitcoin blockchain btc coinbase crypto

PLUS: NFTs are going mainstream This week saw Bitcoin and Ethereum stay relatively flat, hovering around $49,000 and $1,500, respectively. While the two most prominent cryptocurrencies languished, the rest of the market had a vibrant seven days. Non-fungible tokens continue to push the boundaries of digital ownership and artistic control. Kings of...

Mar 02 2021

Caitlin Long: Why Avanti Will Be a New Kind of Crypto Bank

Mar 02 2021 Published at Unchained Podcast under tags  2021 avanti bitcoin blockchain btc

Caitlin Long, founder and CEO of Avanti Financial Group, talks about the issues plaguing the current state of technology in traditional finance and how her background as a 22-year Wall Street veteran, gubernatorial appointee to the Wyoming Blockchain Task Force, and crypto pioneer is helping her shape Avanti into a bridge between conventional banking and crypto. Tune in to hear Caitlin discuss:...

Feb 27 2021

Breaking: Robinhood Faces 46 Lawsuits Over GameStop Stock Blockage

Robinhood, a brokerage firm that offers trading services for traditional stocks as well as the crypto asset is currently facing nearly 46 lawsuits for blocking trades of Gamestop (GME) stocks at their price peak. The firm in a regulatory filing on Friday revealed that it is facing at least “46 putative class actions and three The post Breaking: Robinhood Faces 46 Lawsuits Over...

Feb 26 2021

Despite GameStop Saga, Robinhood Added 3 Million New Crypto Users in February

Feb 26 2021 Published at Crypto Briefing under tags  business gamestop robinhood

Robinhood Crypto reported that it had added more than six million new crypto users in just two months. Robinhood Shakes Off GameStop Saga The popular trading app saw more than 3 million users join its crypto division in January and another 2.9 million in February this year. Last year, Robinhood added roughly 200,000 users per month on average, with a peak of ~401,000...

Feb 25 2021

Robinhood Crypto App Onboards 6 Million Users in Two Months

Robinhood Crypto offers trading on seven virtual coins, including Bitcoin, Bitcoin Cash, Dogecoin, Ethereum, and Litecoin.

Feb 18 2021

Robinhood to Allow Cryptocurrency Deposits, Withdrawals

Robinhood says it will add a deposits and withdrawals feature for cryptocurrencies. Robinhood Eyes Crypto Market Robinhood will add cryptocurrency deposits and withdrawals according to an update posted on the company's Twitter account. ...

Robinhood to Allow Deposits, Withdrawals for Cryptos Including Dogecoin

Feb 18 2021 Published at CoinDesk under tags  dogecoin news policy & regulation robinhood tech

Currently, users of the popular trading app can only buy and sell cryptocurrencies within their Robinhood accounts.

Robinhood Announces Plan for Cryptocurrencies Including Dogecoin

The broker is planning to enable deposits and withdrawals through cryptocurrencies.

US Lawmakers Looking Into China’s Role in GameStop Pump: Report

Some Republican members of the House Financial Services Committee want to look into Reddit’s ties to Chinese tech conglomerate Tencent and Robinhood rival Moomoo.

Feb 17 2021

Why We Should Take Dogecoin Seriously

Dogecoin's rise reflects the power of collective belief and a longing for a more ideal form of crypto.

Feb 16 2021

What Really Happened When Robinhood Suspended GameStop Trading

Feb 16 2021 Published at CoinDesk under tags  dtcc gamestop markets robinhood wallstreetbets

The byzantine world of the public U.S. securities market killed the GameStop pump (sort of).

Twitter Fact-Checks: Is ROBINHOOD restricting Crypto Withdrawals?

Every now and then, we see Tweets that spread misinformation around, and that's something that always happens in the crypto sphere. Cryptocurrencies are simple to understand from an end-product goal, but a bit complex to explain from a technical infrastructures viewpoint. There have been talks recently that...

Feb 15 2021

Reddit, Robinhood, Citadel CEOs to Testify at GameStop Hearing

The U.S. House Committee on Financial Services hearing will investigate issues around the recent trading surge for shares of GameStop and other companies.

Feb 09 2021

DeFi market is RISING! Should you invest and get involved TODAY?

The Decentralized Finance (DeFi) sphere has been all the hype in 2021, and reached an estimated value of over USD 11 Billion LOCKED in the DeFi lending market alone. Many have already seen high-interest rates on DeFi platforms advertised for different cryptocurrencies. Depositing cryptos for a high return sounds like a great investment in...

Lyn Alden and Raoul Pal: Is Ethereum a Good Investment?

Feb 09 2021 Published at Unchained Podcast under tags  2021 bip1559 bitcoin blockchain btc

Lyn Alden, CEO and founder of Lyn Alden Investment Strategies, and Raoul Pal, CEO & cofounder of Real Vision Group & Global Macro Investor, explain their thinking about Ethereum and its native token, and talk about their perspective on GameStop. In this episode, we discuss: why Raoul views ether as similar to bitcoin at a...

Feb 02 2021

DogeCoin’s Active Addresses Fell Short of an ATH with the Recent Pump

Summary: Dogecoin recently set an all-time high of $0.087 - Binance rate However, on-chain metrics did not reflect the massive price surge DOGE's active addresses failed to hit an all-time high as traders used Robinhood Robinhood does not allow direct ownership of digital assets On the 29th of January, the online crypto trading community inspired by the achievements of WallStreetBets with the pumping...

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