Cryptocurrencies

Why Robinhood IPO is Highly Contingent on Crypto Market Performance

 Cryptocurrencies

As the Bitcoin’s hash rate dropped 50% since China imposed an official ban on crypto mining, more and more public companies reveal their heavy reliance on this market.

July 2, 2021

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This is It: PayPal (PYPL) and Robinhood Announced Crypto Withdrawals to Third-party Wallets

This is It: PayPal (PYPL) and Robinhood Announced Crypto Withdrawals to Third-party Wallets

According to cryptonews, two major fintech companies, PayPal (PYPL) and Robinhood (in prep for an upcoming IPO) have both recently announced efforts to follow Revolut, Square (SQ) and the likes, with plans to allow crypto withdrawals to third-party wallets – a step that could bolster the platforms’ competitive edge vis-a-vis crypto exchanges.

May 27, 2021

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