{"id":1315,"date":"2021-10-26T22:14:07","date_gmt":"2021-10-27T02:14:07","guid":{"rendered":"https:\/\/www.hodlin.com\/blog\/?p=1315"},"modified":"2021-10-26T22:14:10","modified_gmt":"2021-10-27T02:14:10","slug":"robinhood-crypto-wallet-is-reddit-preparing-for-nfts","status":"publish","type":"post","link":"https:\/\/www.hodlin.com\/blog\/robinhood-crypto-wallet-is-reddit-preparing-for-nfts","title":{"rendered":"Over 1 Million Users Sign Up For Robinhood&#8217;s Crypto Wallet, Is Reddit Preparing for NFTs?"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1200\" height=\"675\" src=\"https:\/\/cdn.hodlin.com\/blog\/wp-content\/uploads\/2021\/10\/robinhood-crypto-wallet-is-reddit-preparing-for-nfts-1200x675.jpg\" alt=\"Robinhood Crypto Wallet Is Reddit Preparing For Nfts\" class=\"wp-image-1316\" title=\"\" srcset=\"https:\/\/cdn.hodlin.com\/blog\/wp-content\/uploads\/2021\/10\/robinhood-crypto-wallet-is-reddit-preparing-for-nfts-1200x675.jpg 1200w, https:\/\/cdn.hodlin.com\/blog\/wp-content\/uploads\/2021\/10\/robinhood-crypto-wallet-is-reddit-preparing-for-nfts-780x439.jpg 780w, https:\/\/cdn.hodlin.com\/blog\/wp-content\/uploads\/2021\/10\/robinhood-crypto-wallet-is-reddit-preparing-for-nfts-768x432.jpg 768w, https:\/\/cdn.hodlin.com\/blog\/wp-content\/uploads\/2021\/10\/robinhood-crypto-wallet-is-reddit-preparing-for-nfts-1536x864.jpg 1536w, https:\/\/cdn.hodlin.com\/blog\/wp-content\/uploads\/2021\/10\/robinhood-crypto-wallet-is-reddit-preparing-for-nfts-2048x1152.jpg 2048w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><figcaption>Robinhood Crypto Wallet Is Reddit Preparing For NFTs<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>The Binance.US Flash Crash Nightmare of BTC\/USD to $8.1k<\/strong><\/h2>\n\n\n\n<p>For some, Bitcoin might just be pulling back from the all-time highs of early this week.\u00a0<\/p>\n\n\n\n<p>But for Binance.US users, it was a nightmare on October 21.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">This type of s*** just shouldn&#39;t be happening. It&#39;s not fair that some get stopped out and some stay in, some get fills and some don&#39;t.<br><br>BTW this didn&#39;t affect me whatsoever, just speaking aloud.<\/p>&mdash; Crypto Chase (@Crypto_Chase) <a href=\"https:\/\/twitter.com\/Crypto_Chase\/status\/1451154913162108930?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">October 21, 2021<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>For a few scaring seconds, BTC prices crashed to $8.1k before &#8220;crypto normalcy&#8221; resumed.&nbsp;<\/p>\n\n\n\n<p>In a developing market with comparatively low liquidity, unexpected crashes are common&#8211;not frequent&#8211;but are a wrecking ball.\u00a0<\/p>\n\n\n\n<p>Still, considering the weight of the brand name, Binance, users didn&#8217;t expect this to happen.&nbsp;<\/p>\n\n\n\n<p>The reason was pinned to the exchange&#8217;s order book depth. Though they may appear as glitches, such flash wicks are wicked with far-reaching implications for long traders.&nbsp;<\/p>\n\n\n\n<p>They get liquidated and out of their trade-in an otherwise ordinary market without turbulence of which they wouldn&#8217;t have been &#8220;technically rigged out.&#8221;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Are NFTs Coming to Reddit?<\/strong><\/h2>\n\n\n\n<p>Facebook may rebrand, according to <a href=\"https:\/\/www.theverge.com\/2021\/10\/19\/22735612\/facebook-change-company-name-metaverse\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><em>The Verge<\/em><\/a>. According to the publication, the social media giant wants to be known for being the force behind the metaverse.&nbsp;<\/p>\n\n\n\n<p>Others like Twitter also have plans for NFTs and provenance, plugging the duplication and watering down rare, top-dollar CryptoPunks.&nbsp;<\/p>\n\n\n\n<p>Reddit! It has emerged, maybe considering an\u00a0 NFT platform.\u00a0<\/p>\n\n\n\n<p>This is if their HR requirement leads. In recent times, Reddit has been <a href=\"https:\/\/boards.greenhouse.io\/reddit\/jobs\/3454478\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">searching<\/a> to hire skilled developers for designing, building, and maintaining an NFT platform.&nbsp;<\/p>\n\n\n\n<p>In one posting, Reddit is searching for a senior backend developer responsible for an actively used NFTs marketplace.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Robinhood Set to Launch a Crypto Wallet, Over 1 Million Users Sign Up For the Wait List<\/strong><\/h2>\n\n\n\n<p>Vlad Tenev, the CEO of Robinhood, is convinced Bitcoin and crypto as an asset class is here to stay as per the latest interview during <a href=\"https:\/\/www.cnbc.com\/video\/2021\/10\/21\/watch-highlights-from-jim-cramers-interview-with-robinhood-ceo-vlad-tenev.html\" target=\"_blank\" rel=\"noreferrer noopener\"><em>CNBC&#8217;s Disruptor 50<\/em><\/a> on October 21.\u00a0<\/p>\n\n\n\n<p>Therefore, it is no surprise that over one million people are signing up on their crypto wallet waitlist.&nbsp;<\/p>\n\n\n\n<p>Thus far, the executive is proud of Robinhood&#8217;s progress and is looking at the opportunity to grow the business.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Binance.US Flash Crash Nightmare of BTC\/USD to $8.1k For some, Bitcoin might just be pulling back from the all-time highs of early this week.\u00a0 But for Binance.US users, it was a nightmare on October 21.&nbsp; For a few scaring seconds, BTC prices crashed to $8.1k before &#8220;crypto normalcy&#8221; resumed.&nbsp;&#8230; <a class=\"more-link\" href=\"https:\/\/www.hodlin.com\/blog\/robinhood-crypto-wallet-is-reddit-preparing-for-nfts\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":1316,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[37,121,126,125],"class_list":["post-1315","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-crypto-wallets","tag-nft","tag-reddit","tag-robinhood"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.hodlin.com\/blog\/wp-json\/wp\/v2\/posts\/1315","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hodlin.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hodlin.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hodlin.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hodlin.com\/blog\/wp-json\/wp\/v2\/comments?post=1315"}],"version-history":[{"count":1,"href":"https:\/\/www.hodlin.com\/blog\/wp-json\/wp\/v2\/posts\/1315\/revisions"}],"predecessor-version":[{"id":1318,"href":"https:\/\/www.hodlin.com\/blog\/wp-json\/wp\/v2\/posts\/1315\/revisions\/1318"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.hodlin.com\/blog\/wp-json\/wp\/v2\/media\/1316"}],"wp:attachment":[{"href":"https:\/\/www.hodlin.com\/blog\/wp-json\/wp\/v2\/media?parent=1315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hodlin.com\/blog\/wp-json\/wp\/v2\/categories?post=1315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hodlin.com\/blog\/wp-json\/wp\/v2\/tags?post=1315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}