Tag: Market

Coinbase Sues Three US States Over Prediction Market Products

Key Notes Coinbase filed lawsuits in Michigan, Illinois, and Connecticut to preempt state regulation of its new prediction market products. The core legal argument is that prediction markets are commodities under the exclusive jurisdiction of the federal CFTC, not state gambling authorities. Coinbase plans to launch the prediction markets for US customers in January 2026. 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…

Bitcoin bulls eye 2026 as Tether CEO flags AI bubble as top market risk

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Tether’s Paolo Ardoino warns an AI bubble could hit Bitcoin in 2026 but says deeper crashes are unlikely as institutional demand and RWA tokenization grow. Summary Paolo Ardoino says a bursting AI bubble in U.S. equities is Bitcoin’s main 2026 risk due to ongoing correlation with capital markets.​ He does not expect new 80% drawdowns, citing growing holdings by pension funds, governments and long-term investors reshaping Bitcoin’s supply.​ Ardoino backs real-world asset tokenization, criticizes Europe’s MiCA regime, and warns crypto treasury firms must build real operating businesses. Tether CEO Paolo…

Crypto Market Digested Falling Inflation, Rising BOJ Rates

Key Notes The US CPI came in lower than the expected 3%. Japan’s CPI also declined, but the central bank increased the interest rates by 25 bps. Bitcoin, along with many leading altcoins, showed steady growth right after the macro announcements. The falling inflation in the US and Japan raised hopes for easier Fed policy, while Japan’s surprise rate hike added global tightening pressure. The US Consumer Price Index revealed a 2.7% year-over-year inflation for November, lower than the expected 3.1%, according to data from Investing.com. This was the first…

Coinbase Sues 3 States Over Prediction Market Laws

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Coinbase is taking three US states to court in a bid to lock in federal protection for its planned prediction markets, opening a new front in the battle over whether event contracts are finance or gambling.​ The exchange has sued regulators in Connecticut, Illinois, and Michigan, asking federal judges to declare that prediction markets listed on a US Commodity Futures Trading Commission (CFTC)-regulated platform fall under the Commodity Exchange Act (CEA) and the CFTC’s exclusive jurisdiction, not 50 separate state gambling codes. In a Friday X post, chief legal officer…

Bitcoin Price Retests Support—Is the Market Bracing for Volatility?

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Bitcoin price attempted to start a fresh increase but failed at $89,500. BTC is now struggling below $86,500 and might continue to move down. Bitcoin started a fresh decline below the $86,500 zone. The price is trading below $86,500 and the 100 hourly Simple moving average. There was a break below a bullish trend line with support at $87,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move down if it settles below the $85,000 zone. Bitcoin Price Dips Again Bitcoin…

Optimism Grows In Crypto Market Structure Bill After Wednesday’s Senate Banking Meeting

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On Wednesday, a bipartisan meeting of the Senate Banking Committee, led by Senator Tim Scott, offered a cautiously optimistic outlook for discussions surrounding the anticipated crypto market structure bill.  Despite the absence of any markup hearings scheduled for this week, industry representatives and senators engaged in what many considered a productive dialogue regarding the evolving legislative landscape. Senators Collaborate With Industry Leaders Key figures from major crypto firms were among the attendees, including executives from Coinbase (COIN), Kraken, Chainlink, a16z, and Ripple, who have been increasingly involved in discussions aimed…

Is The Bull Market Over?

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Key points: Bitcoin failed to hold above $90,000, indicating a lack of demand at higher levels. Several major altcoins started a recovery, but the higher levels attracted solid selling pressure from the bears. Bitcoin (BTC) bulls pushed the price above $90,000 on Wednesday, but higher levels attracted selling by the bears. Spot BTC exchange-traded funds have recorded outflows of $634.8 million this week, according to Farside Investors data, indicating a cautious approach by institutional investors. CryptoQuant analyst MorenoDV_ said in a recent Quicktake analysis that the True Market Mean (TMM),…

Bitcoin price prediction | Market update

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A 2.1% weekly drop in the BTC price has put Bitcoin back in focus as market uncertainty starts to creep in again. With the year moving into its final stretch, traders are closely watching key technical levels, ETF flows, and on-chain signals to figure out what could come next. Summary Institutional investors are pulling funds from spot Bitcoin ETFs, but corporate accumulation continues, supporting long-term confidence in BTC. Key resistance sits at $88K–$89K, with a potential upside toward $92K–$95K, while critical support remains at $86K, with further downside possible to…

Bitcoin Falls Below the 50 Week Moving Average

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin has fallen below the 50W SMA. What does this mean? Into The Cryptoverse Premium SALE: Into The Cryptoverse Newsletter: LIFETIME OPTION: Alternative Option: Merch: Disclaimer: The information presented within this video is NOT financial advice. Telegram: Twitter: TikTok: tiktok.com/@benjamincowencrypto Instagram: Discord: Facebook: Reddit: Website: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version