Robinhood Now Limits Crypto Trading Too
Popular trading app Robinhood confirmed that it is now limiting crypto trading due to “extraordinary market conditions.”
“Due to extraordinary market conditions, we’ve temporarily turned off Instant buying power for crypto. Customers can still use settled funds to buy crypto,” Robinhood spokesperson told CNBC, adding that they’ll “keep monitoring market conditions and communicating with our customers.”
Robinhood reportedly has around 13m users.
The app supports bitcoin (BTC), bitcoin cash (BCH), bitcoin SV (BSV), dogecoin (DOGE), ethereum (ETH), ethereum classic (ETC), and litecoin (LTC).
As reported, BTC rallied today as the world’s richest person Elon Musk endorsed the most popular cryptocurrency. Also, DOGE skyrocketed by almost 280% today.
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- Ethereum Glamsterdam Upgrade Delayed Over Smart Contract Security Risks
- Gold vs. Bitcoin: Metals Are Melting, Tom Lee Predicts an AI Rebound
- Mark Zuckerberg’s Meta AI Makes Outlandish XRP Price Claim
- Is Cardano About to Take Over? ChatGPT AI Predicts a Huge Move
- JPMorgan Solana Push Brings MONY and JLTXX Into Tokenized Finance
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