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Coinbase Bets on Predictions With The Clearing Company Purchase
PYMNTS.com· 2025-12-22 21:08
Coinbase is expanding its new prediction markets business by acquiring The Clearing Company.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The acquisition, announced Monday (Dec. 22), comes days after Coinbase sai ...
Coinbase buys The Clearing Company, doubling down on prediction markets
Fastcompany· 2025-12-22 21:01
Prediction markets let users buy and sell contracts tied to the outcomes of real-world events, ranging from elections and economic data to sports and policy decisions, effectively turning investors' forecasts into tradable markets. Supporters say the prices can reflect collective expectations more accurately than polls or forecasts, while critics argue the products blur the line between financial markets and betting, drawing growing scrutiny from regulators. Coinbase said on Monday it will buy prediction ma ...
Westward Gold Announces Additional Drilling Results & Completion of Field Activities at the Campfire Target Complex, Toiyabe Hills Property, Nevada
Thenewswire· 2025-12-22 21:00
The Phase I framework drilling campaign – totaling 7,163 metres across 11 holes – has confirmed a vertically-extensive hydrothermal system containing a new Carlin-type gold zone at Campfire, which remains open in all directions and at depthVancouver, British Columbia – TheNewswire - December 22, 2025 – Westward Gold Inc. (CSE: WG, OTCQB: WGLIF, FSE: IM50) (“Westward” or the “Company”) is pleased to provide results for three reverse-circulation (“RC”) drill holes (CF25-05 through CF25-07), and announce that ...
Layer 2 Tokens Are Outperforming But Can It Last?
Benzinga· 2025-12-22 20:06
Something’s happening with Layer 2 networks that’s worth paying attention to. While Ethereum (CRYPTO: ETH) processes roughly 1.65 million transactions daily, Layer 2 platforms are now handling over 5 times that volume, with weekly active addresses reaching 10.18 million. This isn’t speculation. This is real migration happening in real time.But here’s where it gets interesting for investors. Strong usage doesn’t automatically translate to strong token performance. I’ve been tracking these networks closely, a ...
X @Bloomberg
Bloomberg· 2025-12-22 19:28
Coinbase Global announced Monday that it will acquire a derivatives clearinghouse, The Clearing Company, to boost its entry into the growing prediction markets business. https://t.co/eOtp910hpz ...
Crypto prices again muted as gold surges to new record, U.S. stocks advance
Yahoo Finance· 2025-12-22 17:45
Group 1: Market Performance - Gold has surged 2% to a new record high of $4,475 per ounce, while silver has increased by 1.6%, reaching just below $70 per ounce [1] - Bitcoin (BTC) has pulled back to around $89,000 after exceeding $90,000, continuing to underperform compared to major asset classes [2] - The Nasdaq and S&P 500 are both up by 0.6%, and the U.S. dollar index has decreased by 0.3% [1] Group 2: AI and Crypto Stocks - Bitcoin miners focusing on AI infrastructure and high-performance computing are outperforming, with Hut 8 (HUT) leading gains at 17.5% [3][4] - Other crypto-related stocks such as Circle (CRCL), Coinbase (COIN), Bullish (BLSH), and Galaxy Digital (GLXY) are up by 2%-4% [5] Group 3: Market Sentiment and Predictions - Analysts from ByteTree suggest that Bitcoin and crypto are unlikely to perform well until the current bull market in precious metals pauses [6] - Despite Bitcoin's historical outperformance over the metals sector, silver's recent rally has nearly matched Bitcoin's returns over the past eight years [6]
Coinbase agrees to buy The Clearing Company to deepen prediction markets push
Yahoo Finance· 2025-12-22 17:01
Coinbase (COIN) said it agreed to buy The Clearing Company to help grow its newly launched prediction market as part of the crypto exchange's plan to become an all-in-one platform for trading everything. San Francisco-based The Clearing Company is a startup led by Toni Gemayel, who has worked extensively in the industry including as the head of growth at prediction market Kalshi. Terms of the deal were not disclosed. The transaction, which is expected to close in January, comes as prediction markets pic ...
Coinbase Says Crypto Has Outgrown 'Wild West' Casino Era As Stablecoins Race Toward $1.2 Trillion
Benzinga· 2025-12-22 16:29
Coinbase Global Inc (NASDAQ:COIN) projects stablecoins will hit $1.2 trillion by 2028 as crypto sheds its “Wild West” reputation and matures into institutional-grade assets that behave more like tech stocks than speculative casino chips.Crypto’s New Normal Looks Like Tech StocksAfter a volatile 2025 that saw the total crypto market cap peak at $4.2 trillion before correcting to $3.0 trillion, Coinbase argues the industry has entered a new phase defined by clearer regulation, corporate adoption, and diminish ...
Coinbase doubles down on prediction markets with deal for The Clearing Company
Reuters· 2025-12-22 16:28
Coinbase said on Monday it will buy prediction markets startup The Clearing Company, as the crypto exchange looks to expand beyond its core digital assets business. ...