why did robinhood stop doge

Last Updated on January 15, 2023 by Paganoto

Robinhood restricts crypto trading as bitcoin, dogecoin surge

Robinhood restricts crypto trading as bitcoin, dogecoin surge

Users reported that the trading app had halted instant deposits for crypto purchases on Friday. Robinhood confirmed the move, saying it was switching off instant deposits “due to extraordinary market conditions.” The move comes after dogecoin, a digital coin based on the popular “doge” meme, spiked as much as 800%.Jan 29, 2021

Robinhood restricts crypto trading as Dogecoin soars 300 …

Robinhood restricts crypto trading as Dogecoin soars 300 …

Robinhood has started restricting cryptocurrency trading. The move follows Dogecoin’s 400 percent rise over the past 24 hours, as Robinhood …

Robinhood crypto trading crashed during a Dogecoin spike

Robinhood crypto trading crashed during a Dogecoin spike

The outage was particularly noticeable since it came during a spike (and subsequent dip) in Dogecoin prices. Coins were priced at around $0.40 …

Robinhood slammed over crypto outage during Dogecoin surge

Robinhood slammed over crypto outage during Dogecoin surge

The disruption enraged Robinhood users who accused the startup on social media of intentionally blocking them from cashing in on the Dogecoin …

Robinhood Denies Restricting Dogecoin Trading – Newsweek

Robinhood Denies Restricting Dogecoin Trading – Newsweek

Robinhood, the stock trading app, has denied placing restrictions on Dogecoin trades after some users reported seeing pending message …

Dogecoin briefly broke Robinhood's crypto trading systems

Dogecoin briefly broke Robinhood's crypto trading systems

In late January, Robinhood was criticized for temporarily restricting buying of GameStop (GME) and other “meme stocks” during a Reddit-fueled …

Robinhood Restricts Crypto Trades Due to DOGE Rally

Robinhood Restricts Crypto Trades Due to DOGE Rally

Robinhood has stopped trading activities for its cryptocurrency users. This action was due to the sudden spike in the prices of DOGE and BTC …

Robinhood Bans DOGE Trading After WallStreetBets Reddit …

Robinhood Bans DOGE Trading After WallStreetBets Reddit …

Robinhood Halts Dogecoin Trading … Robinhood has reportedly banned DOGE trading earlier today, perhaps under pressure from Wall Street and …

Robinhood goes bust right as Dogecoin goes boom – Fortune

Robinhood goes bust right as Dogecoin goes boom – Fortune

At the time, the company blamed “unprecedented load” for the problems. Customers were outraged at not being able to take advantage of the …

Robinhood Went Down Yet Again, This Time Due to Dogecoin …

Robinhood Went Down Yet Again, This Time Due to Dogecoin …

Robinhood confirmed on Twitter that the partial outage ended after about an hour and a half, during which users were unable to buy or sell Dogecoin as the …