Share this article
Robinhood Resolves Issues With Crypto Trading Amid Dogecoin Rally
The company’s Twitter post cited “unprecedented demand” leading to traders being unable to complete orders.
Updated Sep 14, 2021, 12:41 p.m. Published Apr 16, 2021, 9:53 a.m.
Make us preferred on Google
Online brokerage app Robinhood said it has resolved an outage which prevented users completing trades as they attempted to get in on the recent dogecoin rally.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- Robinhood tweeted Friday that “crypto trading is fully restored” after “unprecedented demand” for its services created issues executing orders for several hours late Thursday night and into Friday morning.
- The company had acknowledged that orders were displayed as “pending” for extended periods.
- The demand appears to have been led by users looking to buy dogecoin, which more than doubled in price in the last 24 hours to hit an all-time high of $0.29.
- DOGE has pulled back subsequently and is sitting at $0.27 at press time.
- Robinhood denied the suggestion that it was limiting dogecoin trading, tweeting that this was “false information.”
- The online brokerage app has seen a surge in customer sign-ups so far this year with CEO Vlad Tenev speaking of the challenge in responding to this to ensure that its system remains stable.
No, we didn’t place restrictions on $DOGE trading. This is false information. For latest operational updates, check https://t.co/hS5J5eu1GV.
— Robinhood (@RobinhoodApp) April 16, 2021
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
Gold tops $5,000 as bitcoin stalls near $87,000 in widening macro-crypto split: Asia Morning Briefing
Bitcoin’s onchain data points to supply overhang and weak participation, while gold’s breakout is priced by markets as a durable macro regime shift.
What to know:
- Gold’s surge above $5,000 an ounce is increasingly seen as a durable regime shift, with investors treating the metal as a persistent hedge against geopolitical risk, central bank demand and a weaker dollar.
- Bitcoin is stuck near $87,000 in a low-conviction market, as on-chain data show older holders selling into rallies, newer buyers absorbing losses and a heavy supply overhang capping moves toward $100,000.
- Derivatives and prediction markets point to continued consolidation in bitcoin and sustained strength in gold, with thin futures volumes, subdued leverage and weak demand for higher-beta crypto assets like ether reinforcing the cautious tone.
Top Stories
