Bitcoin
$41,021.04-2.96%
Ethereum
$2,802.93-4.55%
XRP
$0.893364-3.28%
Cardano
$2.04-4.63%
Polkadot
$26.26-5.73%
Stellar
$0.255855-3.68%
Dogecoin
$0.196520-1.90%
Uniswap
$23.01+2.31%
Chainlink
$22.06-4.18%
Polygon
$1.05-3.70%
Algorand
$1.56-7.00%
Litecoin
$140.59-3.32%
Cosmos
$33.60-10.15%
Bitcoin Cash
$474.14-3.16%
Wrapped Bitcoin
$41,054.06-3.09%
The Graph
$0.628962-5.37%
Filecoin
$55.33-6.87%
Tron
$0.083150-3.57%
Ethereum Classic
$44.93-1.14%
Tezos
$5.45-9.98%
Aave
$261.19-5.00%
Monero
$229.52-2.54%
NEO
$35.92-4.65%
EOS
$3.68-4.20%
BitTorrent
$0.002964-4.67%
IOTA
$1.05-8.13%
Bitcoin SV
$124.72-2.38%
Waves
$22.86+0.29%
Maker
$2,223.99-1.33%
Dash
$147.07-4.63%
Decentraland
$0.620494-6.91%
Decred
$96.16-10.47%
ICON
$1.41-7.15%
OmiseGO
$8.87-4.99%
NEM
$0.134708-4.98%
Paxos Standard
$1.01+0.67%
Zcash
$100.53-4.09%
Yearn Finance
$28,235.78-2.01%
NuCypher
$0.258689-1.13%
Ren
$0.930360-9.89%
Bitcoin Gold
$48.81-2.98%
Qtum
$8.67-6.71%
Basic Attention Token
$0.580630-4.77%
0x
$0.815552-4.62%
Fetch.ai
$0.683919-7.66%
Bancor
$3.27-4.25%
Kava.io
$5.12-8.36%
Band Protocol
$6.78-4.35%
Siacoin
$0.013342-6.22%
Nano
$4.17-0.89%
Loopring
$0.352030-4.12%
Numeraire
$39.18-1.99%
Storj
$0.979670-4.54%
Civic
$0.393592-5.45%
Lisk
$2.58-3.43%
PAX Gold
$1,745.16-0.89%
Orchid
$0.288647-6.99%
Enzyme
$139.73-5.13%
Augur
$18.96-6.22%
Aragon
$4.10-5.76%
district0x
$0.138606-4.23%
Kyber Network
$1.34-3.88%
SingularDTV
$0.001112-9.14%
Tether
$1.00-0.02%
USD Coin
$1.00-0.01%
Dai
$1.00+0.01%

Robinhood Suffers Crypto Trading 'Issues' as Ether, Dogecoin Soar

This isn't the first time.

May 4, 2021 at 3:42 p.m. UTC
Updated Sep 14, 2021 at 12:50 p.m. UTC

Popular investing app Robinhood is once again having issues with processing orders amid the trading frenzy in cryptocurrencies.

Dogecoin (DOGE), the fourth-most valuable cryptocurrency by market cap, according to Messari, made an all-time high around $0.60 on Tuesday and is now trading around $0.53 at the time of writing.

Ether (ETH), the second-largest cryptocurrency, was surging for a 10th straight daily gain, potentially tying its longest winning streak in history, and pushed Tuesday to a new all-time high price over $3,500.

But many cryptocurrency traders flocking to Robinhood to place orders may have instead learned that service was disrupted.

In a tweet, Robinhood assured users that it was working to resolve the issue as soon as possible:

This isn’t the first time Robinhood has experienced platform issues. In January, Robinhood blocked trading in volatile stocks including GameStop and AMC during the buying frenzy prompted by Reddit group r/WallStreetBets. The trading app faced lawsuits following the blockage.

In April, Robinhood faced technical issues due to heightened cryptocurrency trading volumes during a near 15% sell-off in bitcoin (BTC).

According to Tuesday's tweet, traders can visit status.robinhood.com for real-time updates.

Robinhood later noted the issue was resolved was resolved at 11:15AM ET.

DISCLOSURE

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Loading...