Sep 1, 2026 3:45 PM
Robinhood is officially pivoting away from its crypto roots: prediction markets now generate more revenue than crypto trading, which just plummeted 38%. Despite this decline, Wall Street is aggressively raising price targets to $160, betting that the platform’s future lies in high-stakes event contracts and perpetual futures rather than digital assets. Is Robinhood still a "crypto stock," or has it just become a glorified prediction engine? What’s your take?
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