Litecoin, Bitcoin Cash Are Latest Crypto Additions to Robinhood Investing App

Robinhood, a U.S.-based mobile stock trading app, has added two new cryptocurrencies to its no-fee trading service. In an announcement made on Thursday, the business said that litecoin and bitcoin cash had been added for Robinhood Crypto users following strong demand from customers for crypto assets beyond the current options of bitcoin and ethereum. A report published in May states that the company raised $363 million in a Series D funding round that would assist firm to offer more crypto trading pairs in more markets in the U.S.

Litecoin is up 0.87% and is only expected to rise through the day.

Litecoin Prices move up — Litecoin Prices Up

Litecoin has taken a new direction, as per LItecoin Foundation. As per newsfeed from cryptodaily Litecoin is up 0.87% and is only expected to rise through the day. So what are the reasons for an upward tick? Coindesk states – the Litecoin Foundation have acquired 9.9% of German Bank, WEG Bank AG, after taking the share from TokenPay.And as Charlie Lee, the founder of Litecoin – “I’m looking forward to integrating Litecoin with the WEG Bank AG and all the various services it has to offer, to make it simple for anyone to buy and use Litecoin.”

Huobi Australia Offers Ten Cryptocurrency/AUD Trading Pairs

Huobi Australia who struck a strategic partnership with Blockchain Global has announced trading of ten cryptocurrency/AUD pairs. These include Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ethereum Classic (ETC), and Litecoin (LTC). Well, this is not it, they also plan to add more cryptocurrencies in the future. Huobi recently launched its investment fund targeted at supporting blockchain-based startups is another step to give fierce competition to rivals and seize more significant market share.