Robinhood’s Crypto Crash? Nah, They’re Betting on the Apocalypse

In the dusty plains of the financial world, Robinhood (HOOD) stands like a weary traveler, its crypto saddle empty but its pockets still jingling. The first quarter of 2026 brought a 47% tumble in crypto trading revenue, down to $134 million from $252 million the year before. But fear not, for the folks at Robinhood have found a new game: event contracts. Folks are betting on everything from interest rates to who’ll win the next election. It’s like a county fair, but with more zeros on the end.

