Bitcoin outperformance could lift Coinbase, Robinhood and Securitize as the new financial system reaches an inflection point. JPMorgan Asset Management projects bitcoin returns ahead of US equities, gold, REITs and bonds over the next decade; if that plays out, watch what happens to these equities. x.com 

Robinhood's record revenue and growing prediction-markets business support a near-term recovery in its stock after earnings. Q3 revenue reached $1.42B, crypto revenue of $120M beat the $114.1M estimate, and prediction-markets revenue rose sixfold year over year, though GAAP EPS missed at $0.51 versus $0.55. CEO Vlad Tenev said Robinhood plans to ramp support for Chain builders, bolstering the case for more ecosystem growth. x.com  x.com 

Coinbase is a bubbly stock priced as a proxy for crypto trading, yet experienced crypto users leave it for better exchanges. It works for beginners, where it can take advantage of unknowledgeable investors, but more than a decade of crypto use shows Coinbase gets replaced as soon as users find something better. x.com 

Coinbase is becoming much more than a crypto exchange, with USDC, derivatives, prediction markets, tokenization and Base. The chart supports it: the stock has built a massive seven-month Stage 1 base and reclaimed its 200-day moving average, and when it gets going it tends to move hard. x.com 

Coinbase is testing the same support that held in September 2024, February 2025 and April 2025, and the drop reflects spiking rates, not a broken company. It has $7 billion of revenue and $1.26 billion of net income, yet the stock is down 38% year to date and 59% year over year. Crypto's next cycle has not started yet, which makes this the setup. x.com 

Coinbase still has no business model in crypto bear markets, while Robinhood has become a profit-making machine. x.com 

Robinhood's growing prediction markets, options and Gold subscriptions make the $90s one of the most exciting times to buy. Q3 event-contract revenue reached $173 million, up over sixfold, options rose 31% to $399 million, and Gold subscribers reached a record 5.2 million. Crypto revenue fell 55% year over year to $120 million, and Dr. Crossroads reported misses on revenue and EPS; Robinhood remains a great buy as its international reach and banking services expand. x.com  x.com  x.com 

Coinbase participated in the crypto rebound's trading activity. Its spot volume rose about 41-50% month over month to roughly $61-64 billion, overtaking Bybit for third among top-tier spot exchanges. That counters AlphaTAEdgde's claim that the rebound's volume bypassed Coinbase. x.com 

Robinhood, Interactive Brokers and Coinbase face prediction-market regulation in the near future, which would hurt their margins, revenue and profits. x.com 

Robinhood's position as the first true institution to come on-chain may give it staying power beyond a hype cycle. Hype cycles come and go, but it is too early to count Robinhood out; its presence is unlikely to disappear over the long term. x.com