Broker Robinhood launches crypto trading in Hawaii, Virgin Islands, and Puerto Rico
Earlier, the broker announced the purchase of AI-based analytics platform Pluto Capital
02.07.2024 - 14:35
151
2 min
0
Last updated on Aug 6, 2024
What’s new? Online broker Robinhood has launched cryptocurrency trading services in Hawaii and the Virgin Islands, as well as Puerto Rico. Thus, cryptocurrency trading on the Robinhood Crypto platform has become available across the United States, according to the official X-account.
What else is known? In Q1 2024, crypto trading volumes on Robinhood grew by 224% to $36 billion. In May, the broker launched localized apps and staking services of the Solana (SOL) blockchain’s native token in Europe.
That same month, the company announced a $1 billion buyback of its own securities from shareholders as it grew its business and cash flow.
Robinhood shares under the ticker HOOD are trading at $22,6 on the Nasdaq, having lost 0,83% overnight. Monthly growth amounted to 2,97%, while the value of the securities has increased by 77% since the beginning of the year.
On July 1, Robinhood announced the acquisition of Pluto Capital, an artificial intelligence-based analytics platform that offers customized investment strategies.
Pluto also provides a variety of real-time data, including news articles, stock prices, company financial reports, and filings with the US Securities and Exchange Commission (SEC). The platform’s functionality will become available to Robinhood users through the integration.
Useful material?
Telegram 
Twitter Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Market
Analysts point to the growing popularity of the first cryptocurrency as a safe haven asset
Nov 13, 2024
Market
The product will begin trading on the Swiss Exchange on November 19
Nov 12, 2024
Market
The company’s unrealized profits from investing in the first cryptocurrency approached $13 billion
Nov 12, 2024
Market
The company predicts that the rate of the first cryptocurrency will grow to $200 000 by the end of next year
Nov 11, 2024
Technologies
The company also unveiled its own blockchain adoption index
Nov 11, 2024
Cryptocurrency rates
-
Bitcoin
$88 033
BTC
-2%
-
Ethereum
$3 068.79
ETH
-3.57%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Dogecoin
$0.371687
DOGE
-5.07%
-
Ripple
$0.821739
XRP
+17.35%
-
Cardano
$0.589913
ADA
+2.81%
-
Bitcoin Cash
$418.57
BCH
-3.92%
-
Polkadot
$4.81
DOT
-4.37%
-
Litecoin
$80.49
LTC
+7.84%
-
Stellar XLM
$0.134101
XLM
+9.08%