Robinhood moves into crypto
Robinhood, the no-frills, zero-commission stock trading app, launched Robinhood Crypto at the end of February. The new no-commission service, which is initially available in California, Massachusetts, Missouri, Montana and New Hampshire, allows users to trade and track Bitcoin and Ethereum with no additional fees. Coinbase, by contrast, made a reported $1 billion-plus in revenue in 2017 by charging 1.5 to 4 percent in fees per transaction.
Users can also track an additional 14 carefully-selected coins in the same app they use for Robinhood’s standard service, says the company’s co-founder, Vlad Tenev: “We’re extremely selective about the cryptos we’re making available on the platform,” Tenev told TechCrunch. “We’re introducing [the 16 total coins] first because these are the most mature coins that people are trading these days. Multiple times people have declared them dead and they’ve come back stronger than ever.”
To get users started, Robinhood Crypto offers instant transfers up to $1,000 (or more, for top-tier members) – an improvement over more-established exchanges. When it’s time to buy or sell, Robinhood offers estimates sourced from varied trading services and markets to find the best prices. Users can “collar” trades to execute at the right value; they can also set price limits to trigger an automatic purchase or sale.
Robinhood’s no-frills, simplified approach to tracking and trading stocks has garnered considerable acclaim (as well as a valuation of $1.3 billion); they are betting the same approach will translate positively to crypto. Proponents hope the company’s foray into digital currency can provide an additional measure of legitimacy in a space that critics maintain is a wild-west atmosphere, at best. Backed with $176 million in funding from a variety of investors, including Andreessen Horowitz, Robinhood has the all-important trust factor craved by experienced and novice traders alike – which could lead to increased investment in cryptocurrency as a whole.
Robinhood is treating its crypto offering as a loss leader, at least for the forseeable future – according to Tenev, “…the value of Robinhood Crypto is in growing our customer base [of 3 million existing users] and better serving our existing customers”. While its long-term impact remains to be seen, the new service has the potential to threaten Coinbase’s status as the premier cryptocurrency exchange – and transform crypto trading forever.
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(image brought to you from www.robinhood.com)
BTC.X in upward trend: 10-day moving average broke above 50-day moving average on July 01, 2025
The 10-day moving average for BTC.X crossed bullishly above the 50-day moving average on July 01, 2025. This indicates that the trend has shifted higher and could be considered a buy signal. In of 19 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on June 24, 2025. You may want to consider a long position or call options on BTC.X as a result. In of 140 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for BTC.X just turned positive on June 26, 2025. Looking at past instances where BTC.X's MACD turned positive, the stock continued to rise in of 63 cases over the following month. The odds of a continued upward trend are .
BTC.X moved above its 50-day moving average on July 02, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BTC.X advanced for three days, in of 439 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BTC.X declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
BTC.X broke above its upper Bollinger Band on June 09, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for BTC.X entered a downward trend on June 29, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
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