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Cryptocurrency News Articles
Robinhood Eyes Foray Into The Stablecoin Market, UK Fintech Giant Revolut Is Also Said to Be Considering the Move
Sep 28, 2024 at 06:14 am
The highly lucrative stablecoin industry, dominated by Tether's USDT with a market value of around $119.3 billion, has witnessed an increasing crop of new entrants.
Crypto-friendly stock trading platform Robinhood is reportedly set to join the likes of Ripple and Revolut with its stablecoin.
Investors and traders worldwide already hold over $155 billion in Tether’s USDT, Circle’s USDC, and other U.S. dollar-pegged tokens, and the volumes keep growing.
Now, a new report from Bloomberg suggests that Robinhood could be next in line to launch a stablecoin, adding to its expanding crypto product suite.
According to anonymous sources on Monday, Robinhood is said to be considering launching a stablecoin as part of its broader push into digital assets.
However, a representative for Robin
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- Canada Extends Stablecoin Trading Deadline to Dec. 31, Open to Alternatives
- Sep 28, 2024 at 02:05 pm
- The Canadian Securities Administrators (CSA) has extended the deadline for crypto trading platforms to conform to regulations regarding stablecoins.
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- Skibidi Tower Defense Clock Event Battlepass Premium Cost and All Rewards
- Sep 28, 2024 at 02:05 pm
- The Skibidi Tower Defense Clock Event has attracted a lot of attention with its new map. As players explore the map and complete various quests, they should also keep an eye on the Battlepass, as it not only allows them to collect event-specific currency but also offers some fantastic units for free.
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- Robbins LLP Reminds Investors of Class Action Lawsuit Filed Against Coinbase Global, Inc. (COIN)
- Sep 28, 2024 at 02:05 pm
- SAN DIEGO--(BUSINESS WIRE)--Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities who purchased or otherwise acquired Coinbase Global, Inc. (NASDAQ: COIN) securities between April 14, 2021 and July 25, 2024.
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- dYdX Trading Inc. Plans to Discontinue the dYdX v3 Platform by the End of October
- Sep 28, 2024 at 02:00 pm
- The transition will pave the way for the launch of dYdX Unlimited this fall. The sunset of the v3 platform will primarily affect users of dYdX v3.
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- Bitcoin Faces Resistance at $64K, Faces Risks of a Deeper Correction
- Sep 28, 2024 at 01:25 pm
- Bitcoin's recent price movements indicate that it is struggling to sustain momentum above $64K. Despite attempts to push higher, the cryptocurrency has been forming a reversal pattern on the four-hour chart, raising concerns about further downside risks.
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- Worldcoin (WLD) Makes Waves in the Cryptocurrency Market, Analysts Cautiously Optimistic About Its Future Trajectory
- Sep 28, 2024 at 01:25 pm
- Worldcoin (WLD) is making waves in the cryptocurrency market with a notable price rally that has caught the attention of investors. After a recent surge, many are speculating whether WLD can sustain its momentum and reach new heights.
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- Konstruct Ranks on The Globe and Mail's Top Growing Companies in Canada List for the Second Consecutive Year
- Sep 28, 2024 at 12:55 pm
- ) are sliding after the company was ordered to pay nearly $20 million to settle allegations regarding billing government programs for unnecessary services
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- Despite bullish on-chain activity, many market participants remain wary of a potential correction ahead of the recent MATIC to POL transition
- Sep 28, 2024 at 12:55 pm
- Despite bullish fundamentals, exchange inflows and a 57.93% short ratio signal caution ahead.recent upgrade, the Ahmedabad hardfork, is creating excitement
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- These Altcoins Could Help You Retire Early
- Sep 28, 2024 at 12:45 pm
- As the year ends, many are looking at altcoins like Ripple (XRP), Solana (SOL), Cardano (ADA), Toncoin (TON), and Shiba Inu (SHIB) to boost their savings.