US SEC opens the investigation regarding Robinhood and WSB

Following the recent GameStop (GME) stock short squeeze, many trading apps such as Robinhood decided to delist the stock. In doing so, they successfully placed it out of retail investor’s reach.

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SEC to ‘closely review’ actions of Robinhood and merry Redditors

The United States Securities and Exchange Commission (SEC) has promised to review the recent events surrounding the GameStop (GME) pump and the subsequent restrictions on stock trading enforced by Robinhood exchange, the SEC’s acting chair and commissioners stated on Friday.

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How Robinhood halting GameStop trades led to DeFi and crypto recognition

Robinhood’s shutdown of GameStop stock trading via its platform has led to a massive public uproar. The post How Robinhood halting GameStop trades led to DeFi and crypto recognition appeared first on CryptoSlate.

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Robinhood ordeal shows broken system and importance of regulation, crypto industry execs say

Richard Byworth of EQUOS and Aleks Svetski of Amber share their thoughts on Robinhood's suspension of GameStop stock buys.

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Tron’s Justin Sun Vows to Buy $10 Million in GameStop Stock

Beincrypto reported on Tuesday that the subreddit group r/wallstreetbets orchestrated a short squeeze that sent GameStop’s stock price to an all-time high of $492 per share on Thursday. According to the Robinhood website, the firm restricted certain securities to “closing positions only” due to “significant market volatility.

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Bittrex Lists Tokenized GME, AMC, NOK, BB

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Robinhood raises $1B in 'emergency funds' as platform restricts Dogecoin trading

Stock markets around the world were stunned recently after a few Redditors took the market for a spin. Now, it would seem that the mainstream market is finally preparing its salvo. According to repThe post Robinhood raises $1B in 'emergency funds' as platform restricts Dogecoin trading appeared first on AMBCrypto.

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GME Stock Jumps 100% in Pre-market, Robinhood Allows Limited Buying of GameStop Shares

Continue reading at Coinspeaker

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Robinhood CEO: We Weren’t ‘Forced’ to Limit Stock Buying Amid Reddit-Driven Surge

Robinhood's CEO said the platform's decision to halt buy orders on GME, NOK and AMC was based on a "technical and operational" one, not outside pressure.

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Congress announces hearings on stock market in light of Robinhood v. Reddit battle

Both the Senate and the House are looking into Wall Street's market practices, especially short selling.

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Robinhood Suspends Stock Trading Due to ‘Volatility’

Popular stockbroker Robinhood has stated on its platform that the buying of several stocks, including GameStop (GME), Nokia (NOK), and AMC Entertainment (AMC), among others, will not be tradable due to market volatility.

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Retail Traders Sue Robinhood Over Meme Stock Restrictions

GameStop, which had been soaring for days on short squeezing and mass speculation, began tumbling after the major retail trading hub implemented the hold.

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“DeFi is Inevitable,” 4Q20 Recorded 100k New Addresses Daily: ConsenSys Report

“This year Ethereum proved that an entire decentralized financial (DeFi) ecosystem is inevitable,” reads ConsenSys’ DeFi 4Q20 report. While this gained momentum last year, with all the drama surrounding the retail traders pumping up the prices of heavily shorted stock prices and now being suspended from trading them on Robinhood, a popular trading venue among […] The post “DeFi is Inevitable,” 4Q20 Recorded 100k New Addresses Daily: ConsenSys Report first appeared on BitcoinExchangeGuide.

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As Robinhood pauses GameStop trading, maximalists say money will still flow into Bitcoin

GameStop took over the Internet and stock market alike, as shares of the video game retailer surged over 400% this week and nearly 1,750% this year. Meanwhile, shares of AMC Entertainment ballooned 30The post As Robinhood pauses GameStop trading, maximalists say money will still flow into Bitcoin appeared first on AMBCrypto.

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Mirror Wallet Launches Stock Trading App to Rival Wounded Robinhood

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Robinhood Reportedly Hires Goldman Sachs to Lead Upcoming IPO

Robinhood, a top stock and crypto trading app, appears to be gearing up for an Initial Public Offering (IPO) and has now put plans in motion. The stock trading app has reportedly hired investment bank Goldman Sachs to lead its IPO, Reuters reports.

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Robinhood cashes in on lockdown trading surge with $660M Series G funding

The stock and crypto trading app has added a further $460 million in the last closings of its new funding round.

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AMZN Stock Up 3%, Robinhood Traders Interested in Amazon Ahead of July 23 Q2 Earnings Report

Coinspeaker AMZN Stock Up 3%, Robinhood Traders Interested in Amazon Ahead of July 23 Q2 Earnings ReportAMZN stock had a quite disappointing week but today it is in green again. Amazon is expected to release the Q2 earnings report on July 23 and analysts anticipate it as a catalyst to a new wave.

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Most Expensive Crypto Exchanges for Smaller Traders

While stock brokerages have reduced trading fees and various retail brokers like Robinhood offer zero commission trades, digital currency exchanges have increased fees for their lowest tier retail group since a year ago.

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Inequality, Social Chaos, Bankruptcy Rallies: The Best Insights From FinTwit June 2020

From the "Robinhood Rally" to the most profit-disconnected stock market in history, these are the most interesting ideas from FinTwit last month.

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What the Stock Market’s ‘Robinhood Rally’ Means for Bitcoin

The largest 50-day rally in stock market history and even shares of bankrupt companies are up more than 100%. What is going on?

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Robinhood Users 'Steal Warren Buffett's Money' and Buy Bitcoin: Max Keiser

Max Keiser says that Robinhood users are buying Bitcoin after booking profits on Warren Buffett?s mistimed stock sales

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4 Popular Robinhood Stocks to Time the Bottom of the Stock Market Crash

Retail investors as a group make systematic decisions. Tracking volume on Robinhood could indicate when the stock market crash is nearly over. The post 4 Popular Robinhood Stocks to Time the Bottom of the Stock Market Crash appeared first on CCN.com

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Robinhood Crypto and Stock Trading App Was Offline Again

Coinspeaker Robinhood Crypto and Stock Trading App Was Offline AgainLast week major stock and cryptocurrency trading app Robinhood experienced a major outage. On March 9, it went offline again.

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Popular Crypto & Stock Trading App Drops Service During Major Volatility

The popular cryptocurrency and stock trading application Robinhood went offline today for the second time in less than a week. The service is now live again, but it’s clear that it remains poorly equipped to deal with huge swells of demand for its services.

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Robinhood Crypto and Stock Trading App Is Down Second Monday in a Row

Robinhood experiences another technical outage, causing its clients to be unable to trade stocks and crypto

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Robinhood’s Massive Outages Spell “Disaster,” Could Face Class Action Lawsuit

The massive outages on stock trading app Robinhood that started yesterday and continued today wasn’t because of a hack or a coding blip but stress on their infrastructure which “struggled with unprecedented load” leading to a “‘thundering herd’ effect — triggering a failure of our DNS system,” said co-founders Vlad Tenev and Baiju Bhatt in […]

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Fidelity & Robinhood Glitch as Panic-Stricken Investors Flee Stock Market

Fidelity's website and the Robinhood app are down Monday for panicked users in a surge of problem reports as investors flee the stock market. The post Fidelity & Robinhood Glitch as Panic-Stricken Investors Flee Stock Market appeared first on CCN.com

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Robinhood Launches New Raise at $8.2B Valuation

Popular stock and cryptocurrency trading platform Robinhood is launching a fundraising round that would value them at $8. 2 billion. Robinhood Going From Strength to Strength Austin, Texas-based crowdfunding platform Microventures have been offered a stake in Robinhood’s next round.

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200K Users ‘Already in Line’ for Robinhood’s Fractional Stock Trading

More than 200,000 Robinhood clients have already expressed their intent to use new fractional stock trading app announced yesterday

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Robinhood Introduces Fractional Stock Trading to Wide Audience

Coinspeaker Robinhood Introduces Fractional Stock Trading to Wide AudienceRobinhood has announced that it is launching fractional share trading this week aiming to continue its quest to democratize the world of stock trading with zero fees.

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California Based Stock and Crypto Exchange, Robinhood, Has Withdrawn its Application for a Banking Charter in the U.S

This tech startup based in California is among those eyeing to tap into the market share currently dominated by oldies in financial services. However, this may be an uphill task given a tech giant like Facebook is yet to get any regulatory approval to launch the Libra crypto project. California Based Stock and Crypto Exchange, […]

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Robinhood Crypto Exchange Scraps Plan to Become a Bank

Robinhood has had an about-turn on its plans to become a bank. Commission-free stock and cryptocurrency trading pioneer withdrew its application with the Office of the Comptroller of the Currency yesterday.

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RobinHood Review 2020 – Legit Place to Buy Crypto?

Robinhood Financial LLC, launched in 2015, is a brainchild of two Stanford roommates Vladimir Tenev and Baiju Bhatt. Soon after graduating they realized that stock trading needs to be simplified and brought closer to the new generation of investors.

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Redditors Leverage Robinhood Bug, Earn Millions in the Process

Recent reports have surfaced about an anomaly within the Robinhood trading application that has let users make crazy money. Cryptocurrency market critics often complain about the lack of security and worry about the users potentially cheating the system.

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BitLicense holder Robinhood announces expansion to eight other U.S states

U.S-based stock and crypto investing app, Robinhood, is on an expansion spree. According to its latest announcement, the platform is all set to expand its crypto-trading services to the U.S states of The post BitLicense holder Robinhood announces expansion to eight other U.S states appeared first on AMBCrypto.

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Free Stock Trading App, Robinhood, Looks to Hire a Compliance Lead for Its Cryptocurrency Wing

Robinhood Crypto looking for a compliance lead as the company plans for regulated expansion of the platform. The millennial trading application and asset exchange platform, Robinhood, released a job posting for a Compliance lead in its cryptocurrency department, Robinhood Crypto LLC.

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How this stock trading app changed how I save money

Long ago, anyone who wanted to invest in the stock market had to use a broker, or pay steep charges every time they made a trade. Then, a few years ago, Robinhood burst on the scene. This revolutionary fintech app, which launched in 2013, allows people to buy stocks and shares commission-free.

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Robinhood Is Authorized to Operate as a Broker in the U.K.

Coinspeaker Robinhood Is Authorized to Operate as a Broker in the U. K. Robinhood, the stock trading app, has been approved by the U. K. regulatory instances to operate as a broker. This is a part of the company's plans to set up a shop in London.

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Crypto Investment App Robinhood Receives UK Broker License

Robinhood and subsidiary Robinhood International have received broker licenses from the UK's Financial Conduct Authority, allowing the service to launch stock, ETF, and crypto investment offerings in the country.

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Crypto Trading App Robinhood Launching in UK Following FCA Approval

A subsidiary of U.S.-based stock and crypto trading app Robinhood received FCA approval to operate as a broker in the U.K.

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Robinhood Raises $323M from DST, Sequoia, and Ribbit Capital Tops $7.6B Valuation

Coinspeaker Robinhood Raises $323M from DST, Sequoia, and Ribbit Capital Tops $7. 6B ValuationRobinhood, the stock trading app, has achieved a Series E valuation of $7. 6 billion after a successful $323 million funding round led by DST Global, Ribbit Capital, Sequoia, NEA, and Thrive Capital.

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Robinhood App Encroaches on Banking Turf with High-Yield Money Tool

Libra isn't the only payment system that stands to threaten the banks. Popular stock market and crypto trading app Robinhood is going after legacy banks with the relaunch of a cash management feature.

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Report: Robinhood Using Crypto Trade Execution Services From Jump Trading

U.S.-based stock and crypto trading app Robinhood has reportedly been cooperating with Chicago trading firm Jump Trading for crypto trade execution services

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Robinhood Crypto Trading App Looks to Secure $200 Million In Funds Per Bloomberg Report

Robinhood, the crypto and stock trading app popular among Millennials, is ready to raise $200 million in a funding round. This is according to a recent report released by Bloomberg. The report says that a source familiar with the matter explained some of the details of this new funding round. Robinhood App Could Raise $200 […]

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Robinhood Attracts $200 Million as Valuation Swells to $7 Billion: Report

By CCN: Who says millennials don’t like to save and invest their money? By building a commission-free stock brokerage and trading app with a slick interface, Robinhood has built a $7 billion business in just six years.

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After BitLicense, Robinhood Crypto finally available in New York State

CryptoNinjas Robinhood Markets, a Silicon Valley-based stock trading app company, today announced that New Yorkers can now officially buy cryptocurrencies on Robinhood Crypto. At the beginning of the year, Robinhood Crypto received the BitLicense and a money transmitter license to operate in New.

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Robinhood Applies for Charter in Push to Offer Traditional Banking Services

Stock and crypto trading platform Robinhood has applied for a bank charter with regulators in the United States

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Revolut Launches Auto-Exchange Feature for Select Crypto and Fiat Currencies

Revolut, a mobile finance and payment application based in the U. K. , has launched a service that makes it possible for its clients to “auto-exchange” fiat and digital currencies on its platform.

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