• Robinhood
    Alt coins,  Bitcoin,  Cryptocurrencies,  Ethereum,  Litecoin,  Ripple

    Review | We tried out Robinhood’s fee-free crypto app and here’s what we found

    The cons outweigh the pros—here’s why

    On Monday, popular stock app Robinhood rolled out zero-fee crypto trades for users in California, Massachusetts, Missouri, and Montana, with other states to follow. Just announcing that they would do something like this sent Robinhood’s valuation well over $5 billion. Users in those states can invest in 16 cryptocurrencies, including popular names like bitcoin, ether, Bitcoin Cash, Litecoin, and Ripple’s XRP. And Robinhood also has some lesser-known coins like Zcash, Monero, Dash, and even the semi-serious Dogecoin. TechCrunch called it the “Coinbase-killer” but we are wary of the entire platform. Robinhood joins Abra and Uphold in the “invest in” crypto bandwagon. They want you to have an easy way to…

  • Bitcoin being eaten by a cactus because 2018

    Analysis: Exchanges’ mistakes could wreck the cryptocurrency markets

    Cryptocurrency prices have had a meteoric rise over the past month as established securities markets embraced the asset class. However, the exchanges that have opened cryptos to the retail public may be the rally’s undoing. Bitcoin (BTC) in particular has had a tremendous run-up. On October 31, 2017, when the CME Group announced it was launching bitcoin futures, the cryptocurrency was trading at $6,128, according to Bitcoin.com. A little more than a month later, when neighboring rival Chicago Board of Options Exchange (CBOE) jumped ahead and launched its futures on December 10, bitcoin changed hands at $14,492. To put it in perspective, it took the S&P 500 more than six…