Day: May 2, 2026

Coinbase Litigation Head Challenges State “Gaslighting” Over Prediction Markets

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Coinbase’s VP of Legal and Global Head of Litigation, Ryan VanGrack, joins Jennifer Sanasie and Renato Mariotti to discuss why the company is challenging state regulators to ensure a unified federal framework for prediction markets. He also shares why he believes bipartisan market structure legislation is still on the table despite recent setbacks. – Timestamps: 01:10 – The CFTC’s Response to Kalshi’s Insider Trading Accusations 02:38 – Why Coinbase is Suing the States 03:41 – Prediction Markets vs. Sports Betting 08:14 –…

‘Go Time’ For Crypto Bill

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The US CLARITY Act, which aims to provide the US crypto industry with more regulatory clarity, could now move closer to becoming law after new stablecoin yield provisions were published, according to Coinbase chief legal officer Faryar Shirzad. “It’s time to get CLARITY done,” Shirzad said in an X post on Friday, after US Senator Thom Tillis and US Senator Angela Alsobrooks published the final text aimed at settling the stablecoin yield dispute between the banking and crypto industries, which has centered on whether such yields would harm the banking…

Bitcoin Slips Below Key Holder Cost Basis Ahead Of $1.74B Options Expiry

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Bitcoin is trading below a key cost threshold that short-term holders paid to acquire it — a sign that many recent buyers are sitting on losses heading into one of the largest options expiry events of the month. Related Reading Bitcoin: Bears Hold The Edge Going Into Expiry Glassnode data shows Bitcoin is currently priced under the Short-Term Holder Cost Basis of $78,900, and also below the True Market Mean of $78,000. Support is seen further down, in the $65,000–$70,000 range. That backdrop sets a cautious tone as roughly 23,000…

BITCOIN HISTORY WILL REPEAT… *my new $6m trade*

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Ethereum Is Up 30% But Shorts Refuse to Let Go – The Last Time This Setup Didn’t End Quietly

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Ethereum has held above $2,250 as the market builds toward what feels like a decisive move in either direction. The recovery from the February lows has been real and sustained — but according to top analyst Darkfost, the participants who should be most convinced by it are doing the opposite of what conviction looks like. Related Reading The context behind that observation starts with how severe the preceding correction was. ETH fell approximately 65% from its last peak — a decline that placed it among the hardest-hit assets in a…

Living on Bitcoin | Bitcoin 2026

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Satoshi didn’t build Bitcoin so Wall Street could ship ETFs, he built it so the world could operate on a freer financial system. In this Bitcoin 2026 keynote, Miles Suter of Block walks through how Square, Cash App, Bitkey, Spiral, and Proto are quietly making Bitcoin everyday money. From auto-enrolled Square merchants to Cash App’s Bitcoin black hole and the new screen-equipped Bitkey, this is the most complete view of Block’s Bitcoin strategy yet. Subscribe for more sessions from the Bitcoin Conference.…

Crypto’s Golden Era Is Over, Top Trader Warns

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CryptoCred, the prominent trader and educator behind Breakout, has warned that crypto’s old market structure may no longer offer the broad, reflexive upside that defined previous cycles. In a blunt assessment posted on X, Cred argued that participation alone is no longer enough, with market quality, liquidity, correlation and speculative attention all deteriorating at the same time. “Crypto’s current state is a bit shit,” Cred wrote, setting the tone for a critique that went beyond short-term price weakness. His argument was not simply that markets are down or that altcoins…