• Robinhood 700% growth female crypto traders
    Cryptocurrencies

    Robinhood Crypto: 700% growth in female traders in 2021 alone

    Though still underrepresented, the stock and crypto exchange said 40% of its female customers trade cryptocurrencies

    Noting that a recent study cited in the Wall Street Journal found that women make up less than 25 percent of deposits into US brokerage accounts, Robinhood added, “we’re excited by the potential of cryptocurrency to help democratize finance for all.”

  • Bitcoin price chart 03.13.20
    Opinion

    Bitcoin democratized finance once, but it can’t grow like that again

    Cryptocurrency prices will rebound once the panic subsides, but they will never do what Bitcoin did at the bottom of the Great Recession in 2009

    Looking back on the 10th anniversary of the “Great Recession” New York Magazine put it this way: “The older folks hoovered up gold, which basically doubled in value in the four years after the crash. Younger folks dove into cryptocurrency.”

  • 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…