Robinhood Surges To All-Time Highs This Week After Crypto Expansion, Despite Regulatory Scrutiny - Robinhood Markets (NASDAQ:HOOD)
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17 Articles
Robinhood Surges To All-Time Highs This Week After Crypto Expansion, Despite Regulatory Scrutiny - Robinhood Markets (NASDAQ:HOOD)
Robinhood Markets Inc. (NASDAQ:HOOD) ended the week on a strong note, trading higher and hitting a new all-time high. What To Know: The stock has surged more than 115% in the past quarter, fueled by a wave of announcements tied to its growing presence in the cryptocurrency space. This week's rally came after the company launched Ethereum and Solana staking for U.S. users and rolled out tokenized equities across the European Union. The staking up…
Robinhood Expands Crypto Services With U.S. Launch of Ethereum and Solana Staking
Robinhood now allows U.S. users to stake Ethereum and Solana directly through its crypto platform. Users can begin staking with as little as one dollar and earn rewards based on network protocol rates. Staking is not available in five U.S. states due to ongoing regulatory restrictions in those regions. Robinhood has launched Ethereum and Solana staking services for its U.S. customers. The feature was previously limited to European users. It now …
Robinhood $1 Crypto Staking: ETH, SOL Simplified for Retail Investors
Based on the latest reports, Robinhood has launched $1 crypto staking for Ethereum and Solana, a step towards democratizing blockchain yields for US retail investors. With staking minimums reduced to just $1, users can now earn passive rewards without having to manage complex validator setups or lock up large amounts of tokens. This spells out Robinhood’s plan to expand its crypto ecosystem, complementing its recent acquisitions and blockchain i…
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