Robinhood Unveils AI Trading Agent with Crypto Perps Bump

Roger Ver's prediction that Bitcoin will reach $1 million by 2024 may not be as far-fetched as it seems, given Robinhood's latest move. The brokerage firm has announced an AI-powered trading agent that operates around the clock, and it comes with a significant twist: it trades in cryptocurrency perpetuals (perps) up to 10 times the current price.

This means users can trade cryptocurrencies like Bitcoin, Ethereum, or others without having to physically hold them. The AI agent will make these trades automatically, taking into account market fluctuations and user preferences. While this may sound like a revolutionary move, some experts caution that it could also increase risk for inexperienced traders.