Robinhood Markets Adds USDC to Its Crypto Lineup
On Wednesday, users will be able to move the stablecoin from the Robinhood Polygon network and the Ethereum network. Circle’s USDC stablecoin is now available to retail traders through the online broker Robinhood Markets (HOOD). This happened on Tuesday. In a tweet, the company said that the service would also be transferable on the Polygon […]
Meme stock investors file class action lawsuit against Robinhood
Investors from nine different “meme stocks” companies are filing a class-action lawsuit against crypto and stock trading platform Robinhood alleging it artificially increased the supply of stocks. A lawsuit claiming that Robinhood artificially increased the supply of stocks may be pursued by shareholders in GameStop, AMC, and seven other unnamed stocks, according to a report […]
Robinhood Rallies Crypto Support As It Enables Crypto Assets Transfers
Robinhood has had a stock price in the last 24 hours as its app will now support the transaction of cryptocurrencies like Bitcoin, Polygon, and Shiba Inu. Robinhood, a trading app, announced that it is now accepting transfers for all listed crypto-assets on its platform. The app has announced that it would now accept transfers […]
Robinhood trading platform lists Chainlink (LINK)
Following Chainlink’s listing on Robinhood, a well-known cryptocurrency exchange, the cryptocurrency price has soared by 5%. To announce the listing, Robinhood used Twitter. In the interim, Chainlink’s price increased by about 5%. As of the time of this writing, the price of LINK is $7.01. The 24-hour trading volume for tokens has increased by over […]
FTX exchange is reportedly looking to acquire Robinhood
According to reports, FTX crypto derivatives exchange is considering acquiring the popular crypto trading application Robinhood. Bloomberg stated on Monday that FTX is holding internal discussions about whether to acquire Robinhood, citing people with knowledge of the situation. Although no choice has been made regarding a takeover, FTX is thought to be seriously considering it. […]