According to TheBlock, Coinbase has filed lawsuits against the states of Michigan, Illinois, and Connecticut, arguing that prediction markets should be exclusively regulated by the Commodity Futures Trading Commission (CFTC) rather than state gaming regulators. The move comes on the heels of Coinbase's announcement of a partnership with the CFTC-regulated Kalshi platform, which plans to enter the prediction market space in January 2026. Paul Grewal, Coinbase's chief legal officer, said state int...
On the 14th local time, the advisor to the Ukrainian president said that the talks between the Ukrainian and US delegations on the "peace plan" in Berlin lasted for more than five hours and will continue on the 15th. On the 14th, the US and Ukraine held closed-door talks in the German capital Berlin to negotiate on the "peace plan" proposed by the US to end the conflict between Russia and Ukraine. The US representatives participating in the talks mainly included Witkov, the special envoy of the ...
According to Reuters, Pakistan and Binance have signed a Memorandum of Understanding (MOU) to explore the tokenization of up to $2 billion in treasury securities and commodity reserves. The Ministry of Finance of Pakistan said that this cooperation is an important step for the country to introduce blockchain technology, enhance asset liquidity, and attract foreign investment, and may also pave the way for more state-owned physical assets to go online. The move comes as Pakistan accelerates the l...
According to Bitcoin News, France has advanced Amendment 1649 AC, requiring citizens to declare the exact market value of their self-custodial cryptocurrencies, even if no taxable transactions have taken place. Critics warned that the measure was an undue intrusion into private life and would create a dangerous "data honeypot" of names, addresses and precise crypto balances.
The dollar recorded its worst performance in nearly three months on Wednesday as Federal Reserve Chairperson Jerome Powell highlighted labour market risks and played down inflation concerns in a speech. The dollar index closed down 0.4 per cent, its biggest decline since September 16, after the Fed decided to cut interest rates by 0.25 percentage points. "Powell is less bullish on the labour market than he was on previous forecasts," said Bank of America strategist Alex Cohen, adding that the Fe...
The report, published on social media by 10x Research, notes that while prediction markets appear to be collective intelligence machines, the data show that accuracy and profitability are in fact driven by a small number of informed elites who price probabilities, hedge risk exposure and extract premiums from retail-driven long-term bets. The report analyzed that the majority of users behaved similarly to "...
Hester Peirce, commissioner of the Securities Exchange Commission (SEC) and head of the SEC's cryptocurrency working group, reaffirmed the right to self-custody of cryptocurrencies and the privacy of financial transactions. Peirce added that online financial privacy should become the standard. Meanwhile, according to Senator Tim Scott, the Digital Asset Market Structure Clarity Act has been delayed until 2026. The bill is a cryptocurrency market structure bill with provisions such as self-custod...
According to CryptoQuant's on-chain data, counterfeit products now account for 60% of Binance's total trading volume, the highest level since early 2025. Both Bitcoin and Ethereum have a transaction share of only 20%, far below previous levels. This reflects a large concentration of actual trading activity outside of mainstream currencies. Historical data shows that the increase in the share of counterfeit products transactions often coincides with the increase in market speculation. The current...
Alexander, CEO of Dromos Labs, the development team behind Aerodrome and Velodrome, said in a post on X: I never imagined that on the day before Dromos Labs' biggest day, our biggest competitor would deliver such a major mistake... This is a huge strategic mistake made at the most inopportune time. Berachain DeFi subjective Cap'n Jack Bearow commented on this, saying that Aerodrome may announce cross-chain expansion on Wednesday, while Uniswap will reduce LP's profitability by turning on the fee...
Domestic news: 1. The third China-Switzerland ministerial-level financial conference was held in Bern, Switzerland. 2. In October, the CPI rose by 0.2% year-on-year from a decline, and by 0.2% month-on-month; the PPI fell by 2.1% year-on-year. 3. Ministry of Commerce: The second paragraph of the "Announcement on Strengthening Export Controls of Relevant Dual-Use Items to the United States" is suspended. 4. The Ministry of Commerce answered the reporter's question on the European side's statement...