Breaking News: Robinhood to Acquire Crypto Exchange ‘Bitstamp’ for $200M

The post Breaking News: Robinhood to Acquire Crypto Exchange ‘Bitstamp’ for $200M appeared first on Coinpedia Fintech News Robinhood Markets Inc. (NASDAQ: HOOD) has announced that it has signed an agreement to acquire Bitstamp Ltd, a veteran centralized cryptocurrency exchange with reputable trading features. If the respective regulators approve, the $200 million deal is expected to be finalized in the first half of 2025.  We’re accelerating Robinhood Crypto’s worldwide expansion. Robinhood has officially entered into an agreement to acquire @Bitstamp,…

Bitstamp Plans to Introduce an Inactivity Fee to Encourage Trading

Luxembourg-based crypto exchange Bitstamp has modified its operational strategy to boost trading volumes. The company announced plans to introduce an inactivity fee starting August 1. Specifically, the exchange intends to charge select inactive accounts €10 ($10.27) per month. According to the announcement, the inactivity fee will not apply to all accounts. Bitstamp specified that it targets users that have not deposited, withdrawn, or staked assets for more than a year. Moreover, the exchange said this change would only affect inactive…

The Best Cryptocurrency Exchanges for Newbie Traders

Finding the best cryptocurrency exchanges for newbie traders can seem daunting. For a new user, it's hard to know where to begin. There are dozens of popular crypto exchanges at this time. Each exchange has its features, and many serve niche markets. Rather than wade through the masses until you find an exchange you like, some top platforms have earned a reputation as a wise starting point for newbie traders.  KuCoin KuCoin is a popular exchange that has been described…

BTC Price Reaches New All-Time High As it Surpasses $19,666

Bitcoin price is up over 6% after it soared past its recent highs near $19,500. The BTC/USD pair followed a nice bullish path and even managed to break the $19,666 ATH set in Dec 2017.  At the time of writing, BTC Is changing hands for $19,789. Investors will now be watching to see if the coin can surpass the $20K mark, a more rounded figure given to the Bitcoin ATH.  [caption id="attachment_20954" align="aligncenter" width="1494"] BTCUSD Chart By TradingView[/caption] The last…

Bitstamp Review – Exchange Features, Trading Fees, and Security

Bitstamp is one of the world's longest-standing crypto exchanges. This veteran platform provides trading services geared to intermediate and experienced investors. Consequently, the platform has a customer base that includes individuals and institutions. Impressively, the Bitstamp exchange was the first fully regulated EU exchange. Specifically, the platform is regulated by the Luxembourg Financial Industry Supervisory Commission (CSSF). This designation has helped the network to remain a popular choice in the EU market.  Benefits of The Bitstamp Exchange Bitstamp earned a reputation…

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