Tagged: robinhood

January 13, 2025 @ 5:57 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has assessed $45 million in penalties on neobroker Robinhood Securities LLC and Robinhood Financial LLC. The monetary settlement concerns various charges leveled by the SEC at the broker-dealers. Robinhood Securities agreed to pay a $33.5 million penalty, and Robinhood… Read More

January 3, 2025 @ 7:46 am By JD Alois  |  

Bitstamp CEO  Jean-Baptiste Graftieaux says 2024 was a transformative year for the digital asset sector. Bitstamp is a European crypto exchange that claims to be the world’s longest-running marketplace for crypto. In 2024, Robinhood acquired Bitstamp for $200 million as the broker sought to expand its… Read More

December 16, 2024 @ 7:43 am By Omar Faridi  |  

The team at Robinhood (NASDAQ:HOOD) noted that 2024 was an important year for Robinhood Crypto—and for the entire crypto industry. As they mark the first year of the launch of Robinhood Crypto in Europe, they take a detailed look back at the milestones they’ve achieved together…. Read More

December 4, 2024 @ 8:25 am By Omar Faridi  |  

At Robinhood (NASDAQ:HOOD), they claim to be committed to making investing more accessible and transparent for everyone. Robinhood Markets noted that this is why they’re introducing an important feature designed to help customers “manage their tax liabilities and give them flexibility when selling stocks” —Tax Lots…. Read More

November 27, 2024 @ 5:35 pm By JD Alois  |  

Robinhood Crypto EU has added USDC, a dollar-based stablecoin issued by Circle, to its platform. The new feature was revealed in an X earlier today. Robinhood Crypto EU claims to provide the lowest cost average trading in Europe for 30+ different digital assets. As the… Read More

November 27, 2024 @ 3:37 pm By Omar Faridi  |  

Robinhood Crypto, part of Robinhood Markets (Nasdaq: HOOD), is announcing the launch of Ethereum (ETH) staking, enabling European customers to seamlessly earn rewards on their ETH holdings. For a limited time period, Robinhood Crypto is reportedly offering a “100% match” on staking earnings, up to… Read More

November 19, 2024 @ 1:08 pm By JD Alois  |  

Robinhood (NASDAQ:HOOD) has acquired TradePMR, a registered investment advisor (RIA) with $40 billion in assets under administration based in Florida. TradePMR is said to have “one of the strongest RIA networks in the industry.” The goal is customer acquisition, and the two companies plan to build… Read More

November 18, 2024 @ 5:13 pm By Omar Faridi  |  

Robinhood Crypto, a division of Robinhood Markets (Nasdaq: HOOD), expands its offering with Solana (SOL), Pepe (PEPE), Cardano (ADA) and XRP (XRP) for U.S. customers. Robinhood Crypto’s commitment to expanding access whole also maintaining a safe platform now deepens with the addition of 4 digital assets…. Read More

October 28, 2024 @ 8:41 am By JD Alois  |  

Robinhood (Nasdaq: HOOD) has entered the Prediction Market with a new offering allowing its users to bet on the Presidential election. The service is powered by the recently announced Robinhood Derivatives service which was revealed a couple weeks ago at the Hood Summit. Robinhood will… Read More

October 22, 2024 @ 3:24 pm By Omar Faridi  |  

Robinhood Markets (Nasdaq: HOOD) has launched margin investing in the United Kindom. Robinhood Markets noted that their “competitive” rates for UK customers range from 5.2% to 6.25%. At Robinhood Markets, they claim to be empowering customers with the tools they need to navigate the financial… Read More

October 14, 2024 @ 4:04 pm By Omar Faridi  |  

Robinhood (Nasdaq: HOOD) has introduced a new “visual identity” that aims to reflect Robinhood’s growth and vision for the foreseeable future. When Robinhood was first established, they claim to have set out to build a platform that gives everyone improved access to the financial markets. During… Read More

October 7, 2024 @ 3:43 pm By Omar Faridi  |  

Robinhood Crypto, from Robinhood Markets (Nasdaq: HOOD), has recently launched cryptocurrency transfers across European markets. Robinhood Crypto customers residing in Europe are now able to deposit as well as withdraw 20+ cryptocurrencies, and will reportedly be able to earn a 1% deposit match for a… Read More

September 25, 2024 @ 6:55 am By Omar Faridi  |  

Robinhood Markets (Nasdaq: HOOD) has been promoting “rock-bottom” or highly competitive fees for options trading. but then come the hidden costs, according to a report from the WSJ. Clients using the Robinhood platform are reportedly dealing with considerably higher transaction costs than those of other… Read More

September 5, 2024 @ 11:04 am By Omar Faridi  |  

California Attorney General Rob Bonta announced a $3.9 million settlement with crypto trading platform Robinhood Crypto, LLC for failing to allow customers to withdraw their cryptocurrency from their Robinhood accounts from 2018 to 2022, and for “failing to fully disclose aspects of its trading and… Read More

August 13, 2024 @ 3:02 pm By Omar Faridi  |  

Robinhood (Nasdaq: HOOD) welcomes Jeff Pinner as Chief Technology Officer. Robinhood says they are pleased to announce that Jeff Pinner has now officially “joined Robinhood as Chief Technology Officer (CTO).” Jeff is said to be “a deeply respected innovator who will help us accelerate their… Read More

July 25, 2024 @ 12:06 pm By JD Alois  |  

Robinhood (NASDAQ: HOOD) has added joint brokerage accounts as a feature for their account holders. In a blog post, Robinhood said joint accounts “make investing more collaborative for families and loved ones,” explaining that funds can be combined and thus boost investment holdings. Steve Quirk, Chief… Read More

June 26, 2024 @ 9:03 am By JD Alois  |  

MiCA, or Markets in Crypto Assets regulation approved by the EU, will soon come into effect. The new regulations aim to create a compliant ecosystem to enable digital asset innovation while protecting consumers and businesses. Today, Bitstamp, a long-established crypto exchange, has announced that it… Read More

June 16, 2024 @ 11:48 pm By Omar Faridi  |  

Robinhood Markets, Inc. (NASDAQ: HOOD) has partnered with Syracuse University’s D’Aniello Institute for Veterans and Military Families (IVMF) in order to bring retirement education workshops to entrepreneurs across the U.S. Robinhood says that they are honored to partner with an organization “helping veterans and veteran… Read More

June 6, 2024 @ 7:22 am By JD Alois  |  

Robinhood (NASDAQ: HOOD), a modern spin on a retail brokerage, has announced the pending acquisition of Bitstamp, a crypto exchange that operates across the EU, US, UK and Asia. Bitstamp is a top 20 crypto exchange, currently ranked 16th in the world by Coinmarketcap. The digital… Read More

June 3, 2024 @ 11:57 pm By Omar Faridi  |  

Robinhood Crypto customers in the United States can now use their API to view crypto market data, manage portfolios and account information, and place crypto orders programmatically. Robinhood Markets (NASDAQ: HOOD) is pleased to announce the Robinhood Crypto trading API, ushering in a new era… Read More