Retail crypto traders on Robinhood can now set up commission-free recurring investments in multiple crypto assets on a daily, weekly, bi-weekly or monthly basis.
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PayPal reportedly looks to take on Robinhood with stock trading
PayPal has reportedly conducted discussions to acquire a broker-dealer but is unlikely to launch the new investment service this year.
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Venture Capitalist Bill Gurley Prefers Ethereum to Bitcoin, Takes Personal Position in ETH
Venture capitalist Bill Gurley has taken a personal position in ether because he “was swayed by the arguments of the ethereum crowd.” He explained that
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Analysts warn of ‘acute’ Q3 slowdown in Robinhood’s DOGE-reliant growth
Wolfe Research has told investors to consider the “outsized contribution” Dogecoin trading has made to Robinhood’s recent growth.
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62% of Robinhood’s Q2 crypto revenue was from Dogecoin trading
Around 41% of Robinhood’s quarterly revenues were generated by crypto trading.
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Robinhood shareholders want crypto wallets and a hat
Currently, users of popular stock and digital currency trading app Robinhood users can’t move their crypto off the platform.
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