Robinhood to launch Bitcoin and crypto trading in the EU and UK
A previous period of gains in the crypto currency world saw Bitcoin (BTC) rise in value, which hasn’t gone unnoticed by investors and trading platforms alike, with news of Robinhood launch ing BTC and crypto trading in the EU and UK. The commission-free trading app enabling investors to trade stocks, options, popular crypto currencies, and ETFs has expanded its offerings in response to the increasing competition in the market. In the most recent expansion of its offerings, this company has decided to extend its services to EU and UK traders. As reported by Robinhood in their Q3 report on November 7. The report saw this trading platform’s shares dipping approximately 10% post-announcement, reflecting more cautious investor responses that may be the reasoning behind this future expansion into new markets to stave off drawbacks from the previous adverse events. Cryptocurrency Is the crypto rally overachieving? Insights from JPMorgan Cryptocur...