News
Massachusetts Secretary of State Bill Galvin has reportedly opened an investigation into Robinhood over its offering of sports-related event contracts.
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Robinhood News
Robinhood is a trading platform that allows users to buy and sell cryptocurrency. Technically, Robinhood is a cryptocurrency broker that allows users to transact, purchase and store altcoins and Bitcoin (BTC).
Unlike most exchanges, users cannot withdraw their cryptocurrencies from their Robinhood accounts. Instead, they need to sell their coins or tokens and transfer the proceeds from the sale to an external account. The platform offers coins such as Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) and Dogecoin (DOGE) and accepts USD fiat currency. In addition to these cryptocurrencies, users can purchase stock, options and exchange-traded funds (ETF) on Robinhood.
Robinhood is one of the most popular crypto platforms due to its user-friendly interface. Also, there are no charges for opening an account, trading or transferring cryptocurrency out of Robinhood. The company derives its income from transaction-based sources, including payments for order flow.
- News
US crypto exchanges are doubling down on derivatives offerings as crypto futures and options surge in popularity.
2722 - News
Brokerage firm Robinhood is partnering with Kalshi to launch an event contract platform.
22909 - News
Memecoin listings have been accelerating among US crypto exchanges since President Donald Trump’s election win.
2503 - News
Robinhood agreed to pay $29.75 million in fines and restitution for failing to respond to several “red flags” stemming from its supervision and compliance practices.
9481 - Opinion
The SEC’s decision to drop its lawsuit against Coinbase raises questions. Is this a turning point for crypto regulation or a political reward for industry donations?
3362 - News
The move comes just days after the SEC dropped its investigation into Uniswap Labs.
9818 - Altcoin Watch
A sharp drop in XRP’s open interest points to increasing bearish investor sentiment and a shift in traders’ focus.
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The ability to create a cryptocurrency that’s trading in five minutes shows how easy it would be for private firms to seek outside funding, says Robinhood CEO Vladimir Tenev.
2739 - Breaking news
The investigation was dropped more than a month after Robinhood and the SEC reached a $45 million settlement.
7582 - News
Soaring crypto trading volumes drove higher-than-expected revenues and profits for the exchanges.
10880 - News
Robinhood’s record-setting $916 million net income beat industry expectations, fueled largely by a 700% year-on-year crypto revenue increase, pushing shares up 17% in after-hours.
3849 - News
Crypto derivatives ranked among CME’s fastest-growing product lines in 2024, but competition looms.
1834 - News
Robinhood Derivatives has halted its Super Bowl betting after already rolling out the product to 1% of its customers after its Feb. 4 launch.
37625 - News
Robinhood’s BTC futures product will face competition from rivals like the CME Group and Coinbase Derivatives Exchange.
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