Cantor Fitzgerald forecasts prediction markets and new products will drive growth for Robinhood and Coinbase despite weak Q1 earnings, as Bitcoin and Ethereum prices fell 23% and 29% respectively, while legal risks emerge with New York AG filing lawsuit over gambling regulation violations.
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Coinbase, Robinhood Bet on 'Prediction Markets' to Overcome Weak Earnings
Cantor Fitzgerald forecasts prediction markets and new products will drive growth for Robinhood and Coinbase despite weak Q1 earnings, as Bitcoin and Ethereum prices fell 23% and 29% respectively, while legal risks emerge with New York AG filing lawsuit over gambling regulation violations.
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