Robinhood stock shrugs off a 47% crash in crypto revenue thanks to a massive surge in event betting

Markets, Crypto Trading, News While the trading platform’s crypto revenue tanked 47% to $134 million, a record-breaking surge in prediction market bets helped push overall revenue up 15% to $1.07 billion. While the trading platform’s crypto revenue tanked 47% to $134 million, a record-breaking surge in prediction market bets helped push overall revenue up 15% to $1.07 billion. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Read More

More From Author

Paul Tudor Jones calls bitcoin the ‘best inflation hedge,’ warns of overvalued stocks

Institutional money is coming for bitcoin, but Adam Back says it moves slower than you think

Leave a Reply

Your email address will not be published. Required fields are marked *