HOOD
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$BTC
Bitcoin Poised to Rebound From Recent Dip
The cryptocurrency market started 2024 on a high after a solid rally in 2023. A historic step in the crypto space was taken on Jan 10 when the U.S. Securities and Exchange Commission (SEC) gave approval to 11 spot Bitcoin (BTC) exchange-traded funds (ETFs).
The decision is expected to change the entire ballgame as it will now allow retail investors, money managers and other financial institutions to trade Bitcoin without actually owning it.
The SEC’s announcement saw Bitcoin, the world’s largest cryptocurrency, rallying past $47,000. However, the rally has since stalled and prices have been on a freefall. On Feb 1, Bitcoin was trading around $43,131 after falling to nearly $39,600 in the last week of January.
Stocks in Focus
Robinhood Markets, Inc. HOOD operates a financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds, options, gold, and cryptocurrencies. HOOD buys and sells Bitcoin, Ethereum, Dogecoin, and other cryptocurrencies using its Robinhood Crypto platform.
#Write2Earn
$BTC
Bitcoin Poised to Rebound From Recent Dip
The cryptocurrency market started 2024 on a high after a solid rally in 2023. A historic step in the crypto space was taken on Jan 10 when the U.S. Securities and Exchange Commission (SEC) gave approval to 11 spot Bitcoin (BTC) exchange-traded funds (ETFs).
The decision is expected to change the entire ballgame as it will now allow retail investors, money managers and other financial institutions to trade Bitcoin without actually owning it.
The SEC’s announcement saw Bitcoin, the world’s largest cryptocurrency, rallying past $47,000. However, the rally has since stalled and prices have been on a freefall. On Feb 1, Bitcoin was trading around $43,131 after falling to nearly $39,600 in the last week of January.
Stocks in Focus
Robinhood Markets, Inc. HOOD operates a financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds, options, gold, and cryptocurrencies. HOOD buys and sells Bitcoin, Ethereum, Dogecoin, and other cryptocurrencies using its Robinhood Crypto platform.
#Write2Earn
Robinhood (HOOD) Launches its Crypto Trading App in the EU
Robinhood Markets, Inc. HOOD introduced the Robinhood Crypto application for eligible iOS and Android customers throughout the European Union (EU). The platform enables customers to trade more than 25 cryptocurrencies including Bitcoin, Ether and Solana’s SOL. This is in line with HOOD’s plans to expand globally.
This is the first ever custodial crypto platform where the customers would be entitled to receive a percentage of their trading volumes back every month in the form of Bitcoins. Also, new customers would earn up to 1 Bitcoin when they sign up for this account and make a trade of at least €10. Further, existing customers could win 1 Bitcoin for each approved referral if the referred person trades €10 of crypto. This is however, a limited time offer.
Johann Kerbrat, general manager of Robinhood Crypto stated, “We believe crypto is the financial framework for tomorrow and that it plays a significant role in our mission to democratize finance for all”.
He added, “For this reason, we’re thrilled to expand crypto trading to customers throughout the EU, enabling them to buy and sell their favorite tokens safely and securely. The EU has developed one of the world’s most comprehensive policies for crypto asset regulation, which is why we chose the region to anchor Robinhood Crypto’s international expansion plans”.
Along with having low cost Robinhood Crypto trading platform provides a mechanism where customers can see that there are no hidden fees involved in the transactions. Also, HOOD displays the spread on application, showing the rebate that it receives on sell and buy orders. Thus, the process of revenue generation by the company is made transparent for the customers.
#HOOD
Robinhood Markets, Inc. HOOD introduced the Robinhood Crypto application for eligible iOS and Android customers throughout the European Union (EU). The platform enables customers to trade more than 25 cryptocurrencies including Bitcoin, Ether and Solana’s SOL. This is in line with HOOD’s plans to expand globally.
This is the first ever custodial crypto platform where the customers would be entitled to receive a percentage of their trading volumes back every month in the form of Bitcoins. Also, new customers would earn up to 1 Bitcoin when they sign up for this account and make a trade of at least €10. Further, existing customers could win 1 Bitcoin for each approved referral if the referred person trades €10 of crypto. This is however, a limited time offer.
Johann Kerbrat, general manager of Robinhood Crypto stated, “We believe crypto is the financial framework for tomorrow and that it plays a significant role in our mission to democratize finance for all”.
He added, “For this reason, we’re thrilled to expand crypto trading to customers throughout the EU, enabling them to buy and sell their favorite tokens safely and securely. The EU has developed one of the world’s most comprehensive policies for crypto asset regulation, which is why we chose the region to anchor Robinhood Crypto’s international expansion plans”.
Along with having low cost Robinhood Crypto trading platform provides a mechanism where customers can see that there are no hidden fees involved in the transactions. Also, HOOD displays the spread on application, showing the rebate that it receives on sell and buy orders. Thus, the process of revenue generation by the company is made transparent for the customers.
#HOOD
#Robinhood #BNB #BTC Insider Exchanging Alert for Robinhood:
President Vlad Tenev has recently sold 250,000 portions of $HOOD, esteemed at around $5.25 million.
#HOOD
President Vlad Tenev has recently sold 250,000 portions of $HOOD, esteemed at around $5.25 million.
#HOOD
