Robinhood

The post Robinhood Acquisition Of Bitstamp Sparks Optimism About the Listing of XRP  appeared first on Coinpedia Fintech News Robinhood Markets has announced its plan to acquire the well-known crypto exchange Bitstamp for $200 million. This acquisition aims to enhance Robinhood’s services outside the United States, particularly in Europe and Asia, where Bitstamp has a strong foothold. Meanwhile, the XRP community is optimistic that this move could lead to Robinhood listing XRP for trading, given Bitstamp’s strong support for XRP.…

The post Robinhood Buys Bitstamp for $200M appeared first on Coinpedia Fintech News Robinhood has agreed to buy Bitstamp for $200 million in cash in a move to expand its crypto presence globally and attract institutional clientele through new product offerings. The $200 million all-cash deal is expected to close in the first half of 2025. Barclays Capital and Galaxy Digital had advised Robinhood and Bitstamp on the sale. The CEO of Bitstamp underscored that bringing Bitstamp’s platform and expertise…

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,…

The post Robinhood Nears Settlement Over 2021 Meme Stock Trading Halt appeared first on Coinpedia Fintech News Trading platform Robinhood is soon to settle a lawsuit with its investors, who claimed to have incurred damages from its 2021 halt on meme stock trading, which includes GameStop. On May 28, Robinhood’s lawyers informed a federal court in Miami that the settlement of this case is almost complete, expecting a resolution within two weeks. Blue Laine-Beveridge led the allegations against Robinhood, accusing…

Robinhood introduces Solana staking in Europe, offering a 5% APY and competing with major platforms like Coinbase and Phantom. Robinhood expands EU crypto services with Solana staking feature. In a significant expansion of its cryptocurrency services, Robinhood has launched Solana staking for its European customers, providing a new avenue for earning on investments. The feature, promising an initial annual percentage yield (APY) of about 5%, marks Robinhood’s entry into the competitive staking landscape dominated by platforms like Coinbase and Phantom.…

The post SHIB Whales Make Major Move Of 3 Trillion SHIB to Robinhood  appeared first on Coinpedia Fintech News A recent tweet from Whale Alert revealed that an anonymous whale moved a staggering 3 trillion SHIB, worth $75 million, from an unknown wallet to Robinhood. SHIB whales have been highly active this week. Previously, Cumbersome transferred 144 billion SHIB meme coins to Coinbase, and before that, 50.36 billion Shiba Inu were deposited to OKX. SHIB witnessed a 10% price increase…

  Whales moving millions of Dogecoin (DOGE) has sparked quite the market reaction on the meme coin, and crypto enthusiasts are speculating on the motive of these transactions. While many still think the intentions of these transactions are mysterious, market observers believe this could be telling of a strategic investment rotation from Dogecoin (DOGE) to ETFSwap (ETFS).  Since its presale started, ETFSwap (ETFS) has received new investments. Interestingly, recent whale activity suggests that smart money investors may be rotating their bags…

Retail trading platform Robinhood Market revealed it received an enforcement action notice, or a “Wells notice,” from the SEC.  Robinhood Market announced on Monday that it received a so-called Wells notice from the US Securities and Exchange Commission (SEC) over crypto tokens traded on its platform.  SEC Plans to Bring Enforcement Against Robinhood Markets According to reports from news agency Reuters, the retail trading platform Robinhood Markets, revealed it received Wells notice from the SEC on Monday. The SEC issues…

The Shiba Inu’s reign as king of memecoins may be facing a ruff patch. Dogecoin (DOGE) prices dipped this week after news broke of the US Securities and Exchange Commission (SEC) issuing a Wells Notice to Robinhood, a popular crypto exchange. The notice, a precursor to potential enforcement action, alleges Robinhood violated multiple securities laws. This sent shockwaves through the crypto community, with many investors, particularly those holding large amounts of DOGE (often nicknamed “whales”), pulling their funds out of…