Crypto News

Introducing Robinhood Banking The newest addition to the Robinhood app, Robinhood Banking aims to make managing your money even easier. With this feature, users will be able to deposit and withdraw cash directly from their Robinhood account. This means that you no longer have to transfer funds between your bank account and Robinhood, making it more convenient and efficient. What is Robinhood Strategies? Robinhood Strategies is a new offering that allows users to follow investment strategies created by top investors. These strategies are created using algorithms and historical data to help users make informed investment decisions. Some of the popular strategies include "Growth" and "Dividend Aristocrats". Introducing Robinhood Cortex Another exciting addition to the Robinhood app is Robinhood Cortex, a powerful analytics platform that provides users with real-time market insights and data. With this feature, you can tr...

Introducing Robinhood Banking Robinhood Banking will allow users to deposit, withdraw, and manage their money directly within the app. This means you can seamlessly transfer funds from your checking account to your Robinhood account and vice versa. No more logging into different banking apps or waiting for transfers to clear. Plus, with the cash delivery feature, you can have physical cash delivered to your doorstep whenever you need it. This is a game changer for those who prefer to have cash on hand or for emergency situations. #RobinhoodBanking #CashDelivery #GameChanger Exploring Robinhood Strategies Robinhood Strategies is a new feature that allows users to invest in pre-made portfolios created by experts. These portfolios are tailored to different risk levels and investment goals, making it easier for users to diversify their portfolios and potentially see greater returns. With this feature, you can invest like the pros without having to...

SEC drops lawsuit against Kraken According to recent reports, the US Securities and Exchange Commission (SEC) will be dropping its lawsuit against crypto exchange Kraken. This follows similar moves made by the SEC in cases against other major players in the crypto industry, including Coinbase and Robinhood. The news has caused a stir in the community, with many speculating on the reasons behind the dropped lawsuit and its potential implications for the future of the crypto market. Impact on other crypto exchanges The SEC's decision to drop its lawsuit against Kraken could have a significant impact on other crypto exchanges. Many are wondering if this signals a shift in the SEC's approach to regulating the industry, and if other exchanges will also see their cases dropped. This news could also lead to increased confidence in the market and potentially attract more users and investors to crypto exchanges. Speculation on the reasons b...

This comes as a relief for the crypto community, especially after the recent crackdown by Chinese regulators on the industry. What Happened? The SEC had filed a lawsuit against Robinhood Crypto in December 2020, accusing the company of misleading customers about its revenue sources. The SEC claimed that Robinhood Crypto had failed to properly disclose its business practices, including its reliance on payment for order flow and revenue from cryptocurrency trading. Why Did the SEC Drop the Lawsuit? After months of legal battles, the SEC has decided to drop the lawsuit against Robinhood Crypto. According to a spokesperson for the SEC, the agency has concluded its investigation and found no evidence of wrongdoing by the company. This decision has been welcomed by the crypto community, with many viewing it as a positive step towards the mainstream adoption of cryptocurrencies. What Does This Mean for Robinhood Crypto? The dropping of the SEC law...