Robinhood restricts crypto trading as Dogecoin soars 300 percent
b'Robinhood restricts crypto trading as Dogecoin soars 300 percent Robinhood has started restricting trading in cryptocurrencies this morning, just as the price of joke cryptocurrency Dogecoin has soared more than 300 percent in 24 hours. CNBC reports that Robinhood users started noticing instant deposits for cryptocurrencies were no longer working on Friday morning, and the company has confirmed it has put restrictions in place. \\u201cDue to extraordinary market conditions, we\\u2019ve temporarily turned off Instant buying power for crypto,\\u201d says a Robinhood spokesperson in a statement to CNBC. \\u201cCustomers can still use settled funds to buy crypto. We\\u2019ll keep monitoring market conditions and communicating with our customers'