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

This Week in Bitcoin: Everything Has a Price

In crypto, as in life, everything comes with a price. You want free tokens airdropped to your wallet? Prepare to answer a bunch of questions and follow a bunch of social channels for the pleasure. You want cheap bitcoin transactions? Then the price you must pay is forgoing the network for all but essential transactions. … 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

Over 1 Million People in Line for Robinhood’s Bitcoin Trading App

Young Americans are signing up in droves to a new cryptocurrency trading service, showing the massive unmet demand in the market for more bitcoin trading venues. Cryptocurrencies are coming soon to the Robinhood platform and traders appear to be following them in anticipation. Also Read: Vegetables on a Blockchain ICO Exit Scams After Paying People … Read more

Robinhood Smartphone Trading App Adding Bitcoin and Ether

Popular smartphone app Robinhood announced it will begin to allow users to trade bitcoin next month, and without transaction fees. Until now, online retail brokerage platforms have been careful about dabbling in bitcoin by way of futures contracts, preferring not to deal directly in cryptocurrency. The young app is ready to try a loss-leader model … Read more