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Robinhood posts record $1.4 billion revenue, but a 14% profit drop exposes hidden portfolio losses

By Liam 'Akiba' Wright

Prediction markets generated $173 million against crypto's $120 million in Q3, raising the stakes of a continuing state-federal regulatory fight. Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

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Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

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Revenue

The total money a company earns from selling goods or services before any costs are subtracted.

Revenue growth shows demand for a company's products; profit shows whether it earns money from them.

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