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

Robinhood (HOOD) reported a sharp decline in crypto trading revenue for the first quarter of 2026, even as growth in other parts of its business pushed overall revenue higher. Crypto-related revenue fell 47% from a year earlier to $134 million, down from $252 million in the same period of 2025, according to its earnings release….

Read More

BTC is the best ‘inflation hedge’, better than gold, Paul Tudor Jones says

Billionaire investor Paul Tudor Jones said bitcoin BTC$76,376.81 stands out as the strongest hedge against inflation, citing its fixed supply as a key advantage over traditional assets like gold. “Bitcoin is unequivocally the best inflation hedge that there is — more than gold,” Jones said in an interview with Invest Like the Best podcast published…

Read More

CFTC sues Wisconsin in agency’s legal campaign defending prediction markets authority

Wisconsin has joined the growing number of U.S. states being sued by the Commodity Futures Trading Commission as that agency insists on its jurisdiction over prediction markets trading at firms such as Kalshi and Crypto.com. Several states have gone after those businesses, accusing them of violating state gaming laws via the betting taking place on…

Read More

Polymarket seeks CFTC approval to reopen main exchange to U.S. traders: Bloomberg

Polymarket is seeking approval from the Commodity Futures Trading Commission (CFTC) to bring its main prediction market back to U.S. users. The company has discussed lifting its ban on U.S.-based traders with CFTC officials in recent weeks, Bloomberg reported Tuesday, citing sources familiar with the talks. The ban has been in place since Polymarket reached…

Read More

Bitcoin will bottom at $57,000 in October and will not see an all-time-high this year, says Michael Terpin

Bitcoin BTC$76,045.02 has not reached its bottom yet, and a new all-time high is unlikely this year, said Michael Terpin, an early bitcoin investor and author of Bitcoin Supercycle: How the Crypto Calendar Can Make You Rich. “Before a bull market for bitcoin can be called, the price needs to break back above $100,000 and…

Read More

New wallet offers way to tackle Bitcoin’s quantum risk without a fork

Developers behind a new wallet product say they have found a way to tackle quantum computing risks using a smart contract layer that runs alongside Bitcoin without requiring any change to the network itself. Postquant Labs unveiled Quip Network’s post-quantum bitcoin BTC$76,882.32 wallet Tuesday, the company told CoinDesk in an email. The product runs on…

Read More

Bitcoin (BTC) price retreat deepens after repeated rejection at $80,000: Crypto Markets Today

The crypto market fell for a second day on Tuesday with bitcoin BTC$76,377.71 and ether (ETH) both losing around 0.75% since midnight UTC. The decline comes after bitcoin twice failed to break above the $80,000 level of resistance over the past week, with the most recent attempt occurring during Asian hours on Monday. The jubilation…

Read More

Bulls want the bitcoin (BTC) price above $80,000. Macro says not so fast: Crypto Daily

Bitcoin BTC$76,273.39 pulled back to $76,500 from above $79,000 earlier this week, stalling the rally from late-March lows below $65,000. Those expecting a swift return to form may want to take note that recent economic releases do not support a big bullish move. The most important is the University of Michigan’s Survey of Consumers, which…

Read More