• Trading crypto in New York isn't as easy as this picture makes it seem (composite image via Shutterstock).
    Uncategorized

    Robinhood adds ‘fee-free’ crypto trading for users in New York and 38 other states

    Millennial trading app is all grown up now with their BitLicense.

    In April 2018, Millennial trading app Robinhood announced it would soon be available in a handful of states. Complex banking regulations in each state meant that they had a lot of hurdles to get over before they could offer their free crypto and stock trading services in all 50 states. But in January RobinHood announced they had finally gotten a New York State “Bitlicense”, one of fintech’s highest hurdles. Users in New York State can now trade on Robinhood as of May 23.

  • Winklevoss twins launching Gemini Cryptobus campaign in New York CIty, January 2019. (Photo by Gemini Twitter)
    Bitcoin

    Winklevoss twins hit the streets to take on Coinbase and Robinhood for retail customers

    Gemini launches Bitcoin giveaway to battle two giants

    In a surprise announcement over the weekend, Tyler Winklevoss, co-founder & CEO of crypto exchange Gemini, tweeted, “Let’s play a game: Spot the @Gemini Crypto Bus. Reply to this tweet with your pics and #CryptoBus, best one wins 1 bitcoin (BTC). Right now they are in San Francisco, Chicago, and Washington D.C. Happy hunting!”

  • Robinhood
    Cryptocurrencies,  Technology

    The real way that ‘free trading’ app Robinhood makes money will surprise you

    ‘Rob from the rich’ puts poor on dangerous path

    Robinhood positions themselves as this big company that wants to change the system. They cite Occupy Wall Street as their turning point. But Bloomberg found that they don’t even mention on LinkedIn that during Occupy, they were designing software for high frequency trading operations.

  • Wall Street
    Bitcoin,  Opinion

    Abra adds other features, but…

    App announced this week they will start letting customers make small stock and ETF purchases

    On Wednesday, Abra said its app will use the Bitcoin blockchain and smart contracts technologies to support fractional investments in stocks and exchange-traded funds (ETFs). Abra already offers the ability to “invest” in 50 fiat currencies and over 30 cryptocurrencies. This app is also very bad and we really love talking about it.