Market commentator and popular TV personality Jim Cramer vented frustration Tuesday over strong economic data triggering panic in high-growth sectors such as artificial intelligence and cryptocurrency.Cramer Finds Knee-Jerk Reaction ‘Stupid’Cramer described the reaction as a “big freakout” that “never ends,” affecting stocks such as NVIDIA Corp. (NASDAQ:NVDA) and those related to cryptocurrency, quantum computing, and data centers.“It is just stupid,” the "Mad Money" host said.See Also: Jim Cramer Dumped Al ...

Regulatory Compliance - Bybit will gradually exit the Japanese market starting in 2026 due to regulatory disputes with Japan's Financial Services Agency [1] - Japan's Financial Services Agency has been pursuing Bybit over unlicensed operations since 2021 [1] - Apple and Google were required to remove Bybit's app this year [1] User Account Restrictions - Accounts held by Japanese residents will face phased restrictions from 2026 [1] - Users mistakenly flagged must submit additional documentation by January 22, 2026 [1]

We’re excited to be in the UK 🇬🇧Thank you for the support, here’s to new opportunities ahead! 🚀#BybitUK #Bybit #CryptoArkBybit UK (@UK_Bybit):🇬🇧 United Kingdom, we’re live!Bybit is now operating in the UK https://t.co/vDT0vaVd2L ...

RT Scroll (@Scroll_ZKP)SCR is now live on @osldotcom, Hong Kong's biggest exchangeIt's part of our push to make SCR available worldwide, and now easier for Hong Kong traders to accessNext year will be all about accruing more value back to SCR holders - stay tuned for our full 2026 roadmap dropping in January ...

Coinbase has agreed to acquire The Clearing Company as it plans to scale prediction markets and advance its ambition of becoming an “Everything Exchange,” according to a blog post published by the exchange. The deal follows Coinbase’s recent rollout of prediction markets trading for users and shows a commitment to regulated on-chain event-based markets. Coinbase Expands Access to Prediction Markets Last week, Coinbase said it began rolling out access to prediction markets directly on its platform, allo ...

Group 1 - Shares in Gemini Space Station (NASDAQ: GEMI) declined by 13.6% last week, despite the company's name suggesting a connection to space, it is actually a cryptocurrency exchange and custodian run by Tyler and Cameron Winklevoss [1] - The company recently received a U.S. license to offer prediction markets to U.S. customers, which could potentially be as significant as traditional capital markets according to Cameron Winklevoss [2] - The company's fortunes are currently tied to the cryptocurrency market, with transaction revenues dependent on trading volumes and services revenues from credit card activities [3][4] Group 2 - Price volatility in cryptocurrencies can significantly influence trading volumes and, consequently, Gemini's transaction revenue, while lower cryptocurrency prices can reduce the value of assets held by Gemini, impacting custodial fees [4][5] - The decline in cryptocurrency prices, particularly Bitcoin, is identified as a reason for the recent drop in stock price [5] - Although the company has long-term growth prospects, it is currently loss-making, and declining cryptocurrency prices can negatively affect transaction and custodial revenues [6]

The Securities and Exchange Commission filed proposed final consent judgments today seeking officer-and-director bars against three former FTX executives who testified against Sam Bankman-Fried, with Caroline Ellison facing a decade-long prohibition, while Gary Wang and Nishad Singh would receive eight-year restrictions. The filings in Manhattan federal court formalize settlement terms for executives who cooperated extensively with prosecutors during Bankman-Fried’s criminal trial but still face permanen ...

Coinbase sues Michigan, Illinois and Connecticut over prediction market oversight https://t.co/JmqeJCncyJ ...

Core Insights - Bitcoin investors are preparing for "Witching Friday" on December 18, which could lead to significant market volatility due to the expiration of approximately $23 billion in options contracts on Deribit, the largest Bitcoin exchange [1]. Group 1: Understanding "Witching Friday" - "Witching Friday," also known as "triple witching," occurs on the third Friday of March, June, September, and December, when stock index futures, stock index options, and stock options expire simultaneously, often resulting in increased market volatility [2]. - The expiration of these contracts typically generates higher trading activity and larger price swings, as it triggers buying or selling of the underlying securities [3]. Group 2: Current Market Conditions - Leading up to "Witching Friday," Bitcoin has been experiencing a decline, trading down nearly 1% to $85,184, influenced by the Federal Reserve's recent interest rate cut and uncertainty regarding the macroeconomic environment, including potential rate hikes from the Bank of Japan and concerns over U.S. inflation in 2026 [4][5]. - Other cryptocurrencies are also affected, with XRP falling nearly 2% to around $1.82, while Ethereum remains stable at $2,802 [5].

Core Insights - Coinbase has entered the prediction market space, allowing users in the U.S. to trade on outcomes of real-world events such as elections and sports [2][3] - The prediction market offerings are part of a broader update announced during the "Coinbase System Update" event [2] - Users will manage prediction market positions alongside existing crypto and equity balances, with initial market flow coming from Kalshi [3] Industry Trends - The prediction market sector is experiencing significant growth, with analysts suggesting it could evolve into a new asset class [4][6] - Robinhood's CEO noted that prediction markets are their fastest-growing business, with 2.3 billion event contracts traded in Q3 and 2.5 billion in October alone [5] - The prediction market boom is characterized by events-based contract trading that offers transparency and liquidity, although it raises concerns about regulatory arbitrage and consumer protections [6] Coinbase's New Offerings - In addition to prediction markets, Coinbase is expanding its DEX trading integration to include Solana tokens and is introducing futures and perpetual futures trading [7]