The Daily Wolf | Robinhood's crypto revenue just grew for the first time in a year.

From The Daily Wolf with Scott Melker, live weekdays at 12pm ET on Yahoo Finance. Robinhood's crypto revenue broke a three-quarter losing streak, rising 20% to $120 million. Almost every outlet led on the 55% drop from a year ago instead. Scott Melker walks through what the quarterly numbers actually show. Intel, Oracle and IBM told OKX and ICE not to tokenize their shares, which takes the objector count to 26. Brazilian companies bought stablecoins on election day and the real crashed the next morning. Scott Bessent, Secretary of the Treasury, told Ripple's conference that stablecoins will keep the dollar on top. And Datavault AI lost half its value after admitting it cannot withdraw the Bitcoin it booked as an asset. Timestamps0:00 Robinhood's crypto revenue fell 55%, and rose 20% from last quarter4:00 Intel, Oracle and IBM object to tokenized versions of their shares5:32 Brazilian companies bought stablecoins on election day7:32 Scott Bessent, Secretary of the Treasury, on stablecoins and the dollar9:48 Coinbase gives European customers until October 3010:36 The Fed decides today, and Kevin Warsh speaks at 2:3013:16 Datavault AI cannot withdraw the Bitcoin on its balance sheet #Robinhood #Stablecoins #ScottBessent #Bitcoin #Crypto #DailyWolf #YahooFinance Watch every episode on Yahoo Finance: https://finance.yahoo.com/videos/series/daily-wolf/ If you enjoyed this episode, follow the show and leave a rating. It helps more than you know. Follow Scott Melker:Watch on YouTube: https://www.youtube.com/@ScottMelkerFollow Scott on X: https://x.com/scottmelkerThe Wolf Den newsletter: https://thewolfden.substack.com Learn more about your ad choices. Visit megaphone.fm/adchoices