#Robinhood enters the UK, aiming to disrupt with lower fees, facing competition from rivals. #CryptoNews

Beyond stocks, Robinhood diversifies into #crypto, securities lending, and plans for a credit card.
https://coinpedia.org/news/robinhood-enters-the-uk-market-with-lower-fees-and-crypto-options/

#Dogwifhat (WIF) breaks records, surges past $2 after hitting $1, fueled by #Binance listing. #Crypto

Speculations arise on whether WIF can reach $3 and $5, driven by #bullish momentum and #Robinhood listing anticipation.
https://coinpedia.org/price-analysis/dogwifhat-price-prediction-top-reasons-why-wif-price-is-poised-to-hit-5-in-2024/

Breaking : #Robinhood received a"Wells Notice" from the SEC on May 4.

#Crypto #CryptoNews #Cryptoexchange

🔵 SEC staff recommended filing a lawsuit against Robinhood.

🔵 Allegations suggest potential violations of the Securities Exchange Act."

🔵 The situation involves regulatory scrutiny and legal action against Robinhood.

SEC likely suing #Robinhood over #crypto, but analysts expect Robinhood to win in court.

Robinhood may contest SEC's classification of #Ethereum, impacting its crypto business revenue significantly. #CryptoNews
https://coinpedia.org/news/robinhood-will-win-against-us-sec-in-the-ongoing-case-says-kbw-broker/

Breaking: #Robinhood Expanding Globally with #Bitstamp Acquisition

#Crypto #CryptoNews #CryptoExchange

🔵 Robinhood, a trading platform, is purchasing Bitstamp, a U.K.-based crypto exchange.

🔵 The acquisition is an all-cash deal valued at $200 million. The deal is expected to close in the first half of 2025.

🔵 Robinhood aims to expand its global presence in the crypto market and attract institutional clients.

🔵 Barclays Capital and Galaxy Digital provided advisory services for both Robinhood and Bitstamp during the sale process.

Top #CryptoNews This Week

1️⃣ #Grayscale's #GBTCETF nets $28.195 million, while #Fidelity's #FBTC leads with $379 million inflow.

2️⃣ SEC Chair #Gensler suggests slow #ETHETF approval, criticizes #cryptoexchanges' activities as unconventional.

3️⃣ ECB cuts rates by 25 basis points, forecasts inflation increase, expects moderate easing amid strong domestic pressures.

4️⃣Bank of Canada cuts rates to 4.75%, aiming to support economic growth amid declining #inflation.

5️⃣#Bitpanda partners with Deutsche Bank for real-time #crypto payments, enhancing German user experience.

6️⃣ #Robinhood to acquire Bitstamp for $200 million, subject to regulatory approval, expanding global presence

7️⃣ #Bybit opens registration for mainland China users, causing internal panic; aims to tap into new markets

8️⃣ Chinese student sentenced to 4 years for #Memecoin fraud; issued BFF causing losses over 50,000 USDT

9️⃣#Vitalik Buterin criticizes celebrity involvement in crypto, calls for focus on public interest initiatives