Robinhood Inks Game-Changing Deal To Acquire Crypto Giant Bitstamp For $200 Million

Trading platform Robinhood is expanding its footing in the crypto industry by acquiring U.K.-based crypto exchange Bitstamp in a $200 million cash deal.

Robinhood to acquire Bitstamp for $200m: ‘major step in growing our crypto business’

Robinhood, a popular retail trading platform, has made a deal to acquire Bitstamp, a crypto exchange based in the U.K. Trading platform Robinhood announced Thursday that it has agreed to acquire crypto exchange Bitstamp. This move aims to expand Robinhood’s…

Robinhood inks $200 million deal to acquire Bitstamp

Robinhood said it is acquiring Bitstamp for $200 million, aiming to expand its crypto services outside the US. The post Robinhood inks $200 million deal to acquire Bitstamp appeared first on Crypto Briefing.

Robinhood launches Solana (SOL) staking in Europe

Robinhood Crypto has announced launch of Solana (SOL) staking for its customers in Europe. New customers will also enjoy a 10% bonus on net buys. Robinhood is expanding its services and products for users in Europe.

Robinhood Would Likely Win Crypto Court Case With the SEC: KBW

The platform being issued a Wells Notice by the SEC is surprising given the company’s conservative approach to digital assets listings, the report said.

Crypto Super PACs raise $102M to support crypto-friendly US candidates

Crypto Super PACs have amassed $102 million in funds ahead of the US elections to advocate for candidates supportive of the industry, according to a report by Public Citizen. Approximately $54 million originates from direct corporate contributions, notably from industry giants Coinbase and Ripple Labs.

Bitcoin Slips to $63K as Crypto Market Faces More U.S. Regulatory Pressure

Despite the recent bounce, the correction isn't over, said one technical analyst, expecting bitcoin to fall to the low-mid $50,000 area before rallying to new all-time highs.