• bitcoin
    Bitcoin(BTC)
    $0.00 4.63%24H
  • ethereum
    Ethereum(ETH)
    $0.00 7.65%24H
  • binance-coin
    Binance Coin(BNB)
    $0.00 8.29%24H
  • usd-coin
    USD Coin(USDC)
    $0.00 -0.04%24H
  • cardano
    Cardano(ADA)
    $0.00 5.58%24H
  • chainlink
    Chainlink(LINK)
    $0.00 7.66%24H
  • bitcoin-cash
    Bitcoin Cash(BCH)
    $0.00 5.04%24H
  • stellar
    Stellar(XLM)
    $0.00 4.19%24H
  • vechain
    VeChain(VET)
    $0.00 7.84%24H
  • tezos
    Tezos(XTZ)
    $0.00 5.65%24H
  • eosdac
    eosDAC(EOSDAC)
    $0.00 3.34%24H
Crypto Currency Bazaar 4u: Today’s Latest Worldwide News on Cryptocurrency Market delivered to the last minute, Live Crypto Price Data and Indexes, Crypto Investment & Finance opportunities & Blockchain projects, Global Crypto Classifieds
  • INVESTMENTS
    • Crypto General
    • Masternodes
    • Mining Projects
    • NFTS Investments
    • Invest In ICO
    • Exchanges
    • Staking Yeild Farming
  • WORLD
  • USA
  • CANADA
  • JAPAN
  • UK
  • UAE
  • INDIA
  • MORE
    • BRAZIL
    • AUSTRALIA
    • EL SALVADOR
    • CENTRAL AMERCIA
    • SOUTH AMERICA
    • AFRICA
    • EUROPE
    • ASIA
    • OCEANIA
    • ICO
  • Login
  • BLOCKCHAIN
  • BITCOIN
  • ETHEREUM
  • NFTS
  • ALTCOIN
  • MINING
  • VIDEOS
  • LIVERATES
  • SHOP
  • CLASSIFIEDS
  • ADVERTISE
  • SUBMIT PRESS RELEASE
HealthNews
No Result
View All Result
Home USA

Robinhood hits new low as FTX US and Bitstamp USA move into stocks

CB4U by CB4U
January 14, 2022
in USA
0
Robinhood hits new low as FTX US and Bitstamp USA move into stocks
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Crypto exchanges FTX US and Bitstamp USA are working on offering stock trading, which would be a further blow to Robinhood as its share price slumps to new lows.

FTX US President Brett Harrison tweeted on Tuesday that the crypto exchange is “hard at work on stocks,” commenting that a launch would be coming in “a couple months.”

We’re hard at work on stocks! Features we’re planning for day 1:

-Live BBO and historical candles
-Stock screening/search functionality
-Basic fundamentals (market cap, P/E ratio, dividend yield)
-Portfolio performance tracking, order/trade details

What else should we have? pic.twitter.com/q2bTpsfuna

— Brett Harrison (@Brett_FTXUS) January 11, 2022

This isn’t FTX’s first dalliance with stocks. Back in Oct. 2020, the global arm of the crypto exchange launched a feature to allow its customers to access fractionalized trading in tokenized stocks.

And Bitstamp USA CEO Robert Zagotta said in a Jan 14 interview with Bloomberg that the exchange is considering entering stocks, non-fungible tokens (NFTs) and crypto derivatives.

Offering low cost equities trading would allow the two crypto exchanges to attract a similar user base of meme stock style investors as Robinhood, which offers both crypto and stock trading.

The additional competition is unlikely to be welcomed by Robinhood ($HOOD) at this point. With meme stock and crypto trading cooling down, the American financial services company closed at an all-time low of $15.30 on Jan 13.

Related: Kraken CEO reverses $100K BTC 2021 forecast: Crypto winter now possible

Robinhood is approaching the market from the opposite direction to the two exchanges, beginning with stocks and moving into crypto. It’s been adding new features to its crypto service for some time, and plans to roll out the beta version of its crypto wallet feature this month. This will enable users to withdraw cryptocurrency from the platform.

$HOOD closes at an all time low.

— unusual_whales (@unusual_whales) January 13, 2022

One potential bright spot for Robinhood is interest from the Shiba Inu community. Shiba Inu Coin ($SHIB) has been pumping on rumors that it could be listed for trading on Robinhood as early as next month. The altcoin rebounded by nearly 30% in three days. However CEO Vlad Tenev has denied such reports on multiple occasions.

Advertisement Banner
Previous Post

Clothing Retailer The Gap Launches Tezos Based Gamified NFT Collection

Next Post

XRP/USD Drops Below $0.81 Resistance

CB4U

CB4U

Next Post
XRP/USD Drops Below $0.81 Resistance

XRP/USD Drops Below $0.81 Resistance

Discussion about this post

RECOMMENDED

Best Litecoin Faucet | The Ultimate List of 2022

Best Litecoin Faucet | The Ultimate List of 2022

11 months ago
Binance Addresses Heavy Withdrawals Amid Ongoing FUD

Binance Addresses Heavy Withdrawals Amid Ongoing FUD

1 month ago

DON'T MISS

Will ETH Keep Outperforming Bitcoin?

Crypto Market Crash Live Updates: XRP Price Slides By 5%, Bitcoin Down by 4%

January 31, 2023
Why DeFi is Future of Finance (Biggest Crypto Opportunity) | Aurox Founder

Why DeFi is Future of Finance (Biggest Crypto Opportunity) | Aurox Founder

January 31, 2023
Alameda Research website goes private following FTX collapse

Alameda Research sues Voyager for $446M to recover loan repayments

January 31, 2023
Sorare Partners With The Premier League For a Fantasy Football Game

Sorare Partners With The Premier League For a Fantasy Football Game

January 31, 2023
Crypto Currency Bazaar 4u: Today’s Latest Worldwide News on Cryptocurrency Market delivered to the last minute, Live Crypto Price Data and Indexes, Crypto Investment & Finance opportunities & Blockchain projects, Global Crypto Classifieds

The Cryptocurrency Bazaar 4U was founded in 2020 for providing the most trusted information for the Crypto enthusiasts covering a broad range of news about blockchain technology, cryptocurrency assets, emerging fintech trends in the decentralized space, and other related wide array of information surrounding this emerging technology.Our team provides the most up-to-date and accurate news from different sources in this space comprising of unbiased news, in-depth analytics, detailed cryptocurrency price charts, and insightful opinion pieces is the basis of our editorial content.

POPULAR POSTS

Will ETH Keep Outperforming Bitcoin?

Crypto Market Crash Live Updates: XRP Price Slides By 5%, Bitcoin Down by 4%

January 31, 2023
Why DeFi is Future of Finance (Biggest Crypto Opportunity) | Aurox Founder

Why DeFi is Future of Finance (Biggest Crypto Opportunity) | Aurox Founder

January 31, 2023
Alameda Research website goes private following FTX collapse

Alameda Research sues Voyager for $446M to recover loan repayments

January 31, 2023

Categories

  • AFRICA
  • ALTCOIN
  • ASIA
  • AUSTRALIA
  • BITCOIN
  • BLOCKCHAIN
  • BRAZIL
  • CANADA
  • CENTRAL AMERCIA
  • CRYPTO GENERAL
  • EL SALVADOR
  • ETHEREUM
  • EUROPE
  • EXCHANGES
  • ICO
  • INDIA
  • INVERST IN ICO
  • INVESTMENTS
  • JAPAN
  • MASTERNODES
  • MINING
  • MINING PROJECTS
  • NFTS
  • NFTS INVESTMENTS
  • OCEANIA
  • SINGAPORE
  • SOUTH AMERICA
  • STAKING & YEILD FARMING
  • UAE
  • UK
  • Uncategorized
  • USA
  • VIDEOS
  • WORLD
  • CONTACT US
  • DISCLAIMER
  • PRIVACY POLICY
  • ABOUT US
  • CLASSIFIED
  • ADVERTISE
  • SUBMIT PRESS RELEASE

© cryptocurrencybazaar4u.io

No Result
View All Result
  • BLOCKCHAIN
  • BITCOIN
  • ETHEREUM
  • NFTS
  • ALTCOIN
  • MINING
  • VIDEOS
  • LIVERATES
  • SHOP
  • CLASSIFIEDS
  • ADVERTISE
  • SUBMIT PRESS RELEASE

© cryptocurrencybazaar4u.io

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoin
    Bitcoin(BTC)
    $0.00 4.63%24H
  • ethereum
    Ethereum(ETH)
    $0.00 7.65%24H
  • binance-coin
    Binance Coin(BNB)
    $0.00 8.29%24H
  • usd-coin
    USD Coin(USDC)
    $0.00 -0.04%24H
  • cardano
    Cardano(ADA)
    $0.00 5.58%24H
  • chainlink
    Chainlink(LINK)
    $0.00 7.66%24H
  • bitcoin-cash
    Bitcoin Cash(BCH)
    $0.00 5.04%24H
  • stellar
    Stellar(XLM)
    $0.00 4.19%24H
  • vechain
    VeChain(VET)
    $0.00 7.84%24H
  • tezos
    Tezos(XTZ)
    $0.00 5.65%24H
  • eosdac
    eosDAC(EOSDAC)
    $0.00 3.34%24H
en English
en Englishja Japaneseko Koreantl Filipinovi Vietnamesehi Hindibn Bengalita Tamilzu Zulusw Swahilide Germanfr Frenches Spanishpt Portugueseru Russian