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Home Videos

Prediction Markets Are Killing Crypto. Here’s Why.

DeFi Daily News by DeFi Daily News
April 29, 2026
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Prediction Markets Are Killing Crypto. Here’s Why.
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#Crypto #Bitcoin #CryptoNews #Investing #YahooFinance #robinhood
Robinhood’s Crypto Business Is Collapsing—And Something Worse Is Replacing It

Robinhood’s crypto revenue dropped 47% in its latest earnings report—but total revenue still grew. The reason? A shift away from crypto trading and toward prediction markets and new forms of speculation. This raises a bigger question: is crypto losing its role as the go-to trading market for retail investors?

Chapters
00:00 Big Crypto Headlines: Robinhood, Fed & Bitcoin
00:49 New Fed Chair Could Shift Crypto Policy
02:28 Robinhood Earnings: Crypto Revenue Collapse
06:27 Crypto Regulation: Why the Clarity Act Is Failing
09:44 DeFi Crisis
12:11 Bitcoin Beats Gold as Best Hedge

“The Daily Wolf with Scott Melker” delivers everything you need to know about crypto in just 15 minutes. Get rapid-fire insights on Bitcoin, ETFs, regulation, and the macro forces moving markets, so you can stay one step ahead every weekday.
==
— Facebook: https://www.facebook.com/yahoofinance
— X/Twitter: https://x.com/YahooFinance
— Instagram: https://www.instagram.com/yahoofinance/
— TikTok: https://www.tiktok.com/@yahoofinance
— LinkedIn: https://www.linkedin.com/company/yahoo-finance

source

Tags: $hood stockBitcoinCryptocrypto crashcrypto marketcrypto tradingFintechHeresinvesting newskillingMarketsPredictionprediction marketsretail tradingrobinhood cryptorobinhood earningstrading appsyahoofinance
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