Coinbase (COIN), the crypto exchange that plans to add prediction markets to its platform, is taking legal action in Connecticut, Illinois and Michigan over the states' attempts to regulate those markets. The company filed lawsuits to "confirm what is clear," Chief Legal Officer Paul Grewal wrote in a post on X on Friday: that prediction markets fall under the jurisdiction of the U.S. Commodity Futures Trading Commission (CFTC) and not individual state gaming regulators. Prediction markets let users spec ...

$USELESS is doing $4 million in daily volume on Coinbase at the lows$29 million in total daily volume!yet many are calling it deadis this what a 'dead' memecoin looks like to you? especially with the current state of the market and complete apathy for memecoinsUSELESS is going to bounce back aggressively at some point, sooner rather than later IMOonce that happen, you will find the usual copers and sidelinoors whining and crying about how it is some cabal fueled pumpthey all have an opportunity to get in he ...

Coinbase has filed lawsuits against financial regulators in Michigan, Illinois, and Connecticut, launching an aggressive preemptive challenge to prevent states from regulating its planned prediction market products. The legal filings seek court orders to affirm that prediction markets are commodities, placing them under the exclusive jurisdiction of the federal Commodity Futures Trading Commission (CFTC), not state-level gaming and gambling laws. “Some states think prediction markets fall outside the CFT ...

Core Viewpoint - Coinbase Global Inc. has filed lawsuits against Michigan, Illinois, and Connecticut to assert that the Commodity Futures Trading Commission (CFTC) is the sole regulator of prediction markets, challenging state authority over these markets [1][2]. Group 1: Legal Actions - The lawsuits aim to prevent state intervention, which Coinbase argues could cause "immediate and irreparable" harm to its operations [1]. - Coinbase's Chief Legal Officer stated that state efforts to control prediction markets stifle innovation and violate the law [2]. Group 2: Market Context - The legal actions follow Coinbase's announcement of entering the prediction markets sector through a partnership with Kalshi, a CFTC-regulated platform, with plans to offer event-contract trading starting in January 2026 [2]. - The distinction between prediction markets and traditional sportsbooks is emphasized, with prediction markets being described as neutral exchanges that match buyers and sellers [3]. Group 3: Regulatory Implications - The legal challenge could set a precedent for the regulation of prediction markets across the U.S., potentially influencing the future landscape of this sector [4]. - There is growing tension between federal and state authorities regarding the regulation of emerging financial technologies, with states like Connecticut taking action against operators for allegedly unlicensed products [3]. Group 4: Market Performance - Following the news, Coinbase's stock closed down about 2% at $239.20, having already lost 7% of its value this year [4].

Group 1 - The US stock market saw a collective rise on December 18, with major technology stocks performing well, particularly the Trump Media Technology Group, which surged by 41.93% after announcing a merger agreement with TAE Technology [1][2] - Tesla's stock increased by over 3%, adding approximately $53.6 billion (around 377.4 billion RMB) to its market capitalization [2] - The merger between Trump Media Technology Group and TAE Technology will be executed through an all-stock transaction, with both companies' shareholders expected to own about 50% of the combined entity post-merger [2] Group 2 - The latest data from the US Bureau of Labor Statistics indicated that the Consumer Price Index (CPI) for November rose by 2.7% year-on-year, which was lower than the market expectation of 3.1% [4] - The core CPI, excluding volatile food and energy prices, increased by 2.6%, marking the lowest level since early 2021 and also below the anticipated 3% [4] - Following the CPI report, there was a slight increase in the likelihood of the Federal Reserve lowering interest rates in January, with traders estimating a 28.8% chance of a 25 basis point cut, up from 26.6% prior to the inflation data release [4] Group 3 - Goldman Sachs' global co-head of fixed income and liquidity solutions, Kay Haigh, stated that the low inflation data would not impact the Federal Reserve's decision-making, as they are more focused on the December CPI data set to be released in mid-January [5]

Coinbase CEO: North Korean Hackers Even Try to Bribe Support AgentsIn an August 2025 discussion with Stripe co-founder John Collison, Coinbase CEO Brian Armstrong warned that North Korean agents are actively attempting to infiltrate US tech companies by exploiting remote work policies. Armstrong revealed that beyond fake employment, threat actors are offering six-figure bribes to customer support agents for insider access. He detailed Coinbase's strict countermeasures, including mandatory in-person orientat ...

Tesla Trade - Ark Invest sold 23,110 shares of Tesla through its ARK Innovation ETF, valued at approximately $11.2 million, amid a stock pullback after reaching all-time highs earlier in the week [2] - Despite the recent dip, Tesla's stock closed at $483.37 on Thursday, marking a 3.45% increase, indicating ongoing market interest [3] Coinbase Trade - Ark Invest purchased 17,386 shares of Coinbase across multiple ETFs, valued at approximately $4.15 million, aligning with Coinbase's announcement of launching traditional stock trading [4] - Coinbase's new offering includes commission-free U.S. stock trading with 24-hour access five days a week, aiming to diversify revenue and reduce dependence on volatile crypto trading cycles [5] Brera Holdings Trade - Ark Invest increased its stake in Brera Holdings by purchasing 575,644 shares through various ETFs, valued at approximately $1.4 million, following the company's strategic initiatives [6] - Brera Holdings' stock saw a modest rise of 0.84%, closing at $2.39, reflecting positive market sentiment [6] Other Key Trades - Ark Invest sold 31,149 shares of Ionis Pharmaceuticals Inc. and bought 755,538 shares of Recursion Pharmaceuticals Inc. across different ETFs [8]

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RT CryptoBizzle (@CryptoBizzle)JPMorgan and Benchmark analysts say Coinbase’s product rollout, spanning stocks, prediction markets and tokenization isn't fully priced in.COIN shares are still in rough waters at the moment, trading near a seven-month low.Read more @TheBlock__https://t.co/34P6arO7Lx ...

Inflation Analysis - CPI (消费者物价指数) 年同比实际数据为 2.7%，低于经济学家预测的 3.1%，低 40 个基点[3] - 核心 CPI 年同比实际数据为 2.6%，同样低于经济学家预测的 3.0%，低 40 个基点[3] - 短期来看，核心 CPI 年化率（过去 3 个月）仅为 1.6%，为 2021 年 2 月以来的最低水平[7] - 避险、石油和劳动力这三个广泛的经济指标均显示出通货紧缩的迹象[8] Coinbase's Strategy - Coinbase 旨在成为全球排名第一的金融服务应用，而不仅仅是加密货币公司[15] - Coinbase 推出八种新产品，包括股票交易、预测市场、期货和永续合约交易、Solana DEX 交易、Coinbase Business、Coinbase Advisor、Base 应用和 Coinbase 定制稳定币[20][21][22] - Coinbase 拥有 1 亿个全球验证账户，年收入达 80 亿美元，并且收入以超过 40% 的速度同比增长[14] Market Competition - Coinbase 和 Robinhood 等公司都在争夺“超级应用”的地位，希望在一个应用中提供股票、加密货币、预测市场、永续合约、稳定币、支付和存款等服务[16][23] - 传统金融机构如摩根大通、富达和高盛预计也将进入这一领域，加剧市场竞争[24] Warrior Dividend - 美国政府向 145 万军人发放“战士红利”，每人 1776 美元[27][28][29] - 报告提出疑问，这笔资金的来源以及是否会增加国家债务[30][31]