TL;DR
- Robinhood introduces cryptocurrency services in Nevada, covering major digital assets including Bitcoin, Ether, Dogecoin, and Shiba Inu.
- Dogecoin and Shiba Inu’s prices slightly retrace post-announcement, despite Robinhood’s significant SHIB holdings worth around $250 million.
- SHIB’s future valuation might be influenced by mass adoption and the development of Shibarium, aiming for faster, cheaper transactions.
The American-based financial services company – Robinhood – announced that it has extended its cryptocurrency services to the state of Nevada.
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