Paul Tudor Jones: Bitcoin Beats Gold as Inflation Hedge
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- Paul Tudor Jones calls Bitcoin the strongest inflation hedge, surpassing gold due to its fixed supply, and warns S&P 500 valuations echo dot-com bubble extremes
- Robinhood reports Q1 2026 revenue miss as crypto transaction revenue drops 34% QoQ to $134M, dragging HOOD stock down 10% premarket
- Pump.fun burns $370M in $PUMP tokens—36% of circulating supply—and launches programmatic buybacks to tighten tokenomics
Why it matters: Robinhood loses $1.2B in market cap as crypto revenue falls 47% YoY, weakening its pivot narrative; second-order, it tightens correlation between HOOD and BTC price, increasing volatility risk for investors.
