Coinbase argues the Commodity Exchange Act gives the CFTC exclusive authority over event contracts. Earlier cases involving Kalshi show courts have yet to settle the issue decisively. The rulings could shape how prediction markets and related financial products develop nationwide. Coinbase has taken its dispute with US regulators to court as it expands into prediction markets, filing lawsuits against authorities in Connecticut, Illinois, and Michigan. The legal challenge centres on a fundamental question facing financial markets in the United States: whether prediction markets should be regulated at the federal level as financial derivatives or treated by states as gambling products.…
Author: cryphedge
ChangeNOW, a crypto management platform with an expanding range of products, announced that it is resuming its regular $NOW token burn program as outlined in its whitepaper. The latest burn occurred on December 17th, permanently removing 210,018tokens from circulation. The transaction record is available athttps://etherscan.io/tx/0x3055a647299dc6dab78e2159450f03937b420befdfea75ee4c286348a8d4b8ab.This marks the fifth scheduled burn in the history of $NOW and reaffirms ChangeNOW’s long-term plan to gradually decrease the token’s total supply across chains to 100,000,000 $NOW, the level defined in the project’s tokenomics framework. Burns are expected to continue on a quarterly basis.“Resuming the burn program reflects the progress we’ve made strengthening the $NOW…
US spot crypto ETFs have attracted more than $70 billion in net inflows since January 2024, making traditional financial investment vehicles the primary entry point for new money into the emerging industry.That surge, driven by products linked to Bitcoin, Ethereum, and more recently Solana and XRP, has validated the industry’s view that many investors will buy crypto only through regulated structures they already use for stocks and bonds.Notably, Schwab Asset Management recently found that 45% of ETF investors plan to purchase crypto ETFs, a figure that now ties with interest in bond ETFs.Schwabs ETF Survey (Source: Eric Balchunas)However, with the…
All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders. DTCC has joined the Canton Foundation to build an MVP for tokenized securities in the first half of 2026. Canton Network is designed for regulated institutional use, offering privacy-focused tokenization of assets such as bonds, loans, and funds. The Depository Trust & Clearing Corporation (DTCC) has declared privacy-focused Canton Network as its tokenization partner. As part of this partnership, some US Treasury securities that are custodied with the DTC, could be minted on the Canton blockchain network. The development comes following the no-action letter from…
XRP continues to struggle amid a market-wide bearish tone. XRP has fallen to the $1.84 mark, a price level last tested in April 2025. If XRP falls below this level, it could even face a steep correction to the $0.50 price level. According to CoinGecko’s XRP data, its price has fallen by 9.4% in the last week, 11.5% in the 14-day charts, 13.7% over the previous month, and 21.4% since December 2024.Source: CoinGeckoWill XRP Fall to $0.50?Source: Watcher.GuruDespite a bullish start to the year, XRP seems to be facing substantial trouble over the last few months. The asset hit a…
When Circle’s shares opened at $69 on the New York Stock Exchange in June, more than double the $31 pricing, it looked like validation. Investors paid up for a regulated stablecoin issuer with real revenues, treating USDC rails as financial infrastructure rather than speculative crypto exposure.Six months later, Circle trades at $82.58, up nearly 20% from that opening print. The thesis held.However, the rest of the 2025 IPO class told a different story. eToro, which debuted at $69.69, now sits at $35.85, down 48.6%. Bullish collapsed from $90 to $43.20, a 52% wipeout. Gemini, the Winklevoss-backed exchange that went public…
As Bitcoin price absorbs the selling pressure, attention is quietly shifting to how large-cap altcoins are behaving during this pause. XRP, in particular, is drawing interest not because it is rallying aggressively, but because it isn’t breaking down. In a market where hesitation often exposes weakness, XRP’s ability to hold structure is becoming a signal in itself.Rather than chasing momentum, traders are assessing whether this resilience hints at rotation or simply disciplined positioning.XRP Is Holding Key Demand as Price CompressesOn the 4-hour chart, the XRP price has pulled back steadily into the $1.85–$1.90 demand zone, an area that previously acted…
Terraform Lab’s liquidator alleges Jump secretly propped up UST while misleading markets. Court filings claim Jump gained billions through discounted Luna deals and early exits. Jump denies wrongdoing as US courts revisit accountability beyond Do Kwon. Terraform Labs’ bankruptcy estate has filed a sweeping lawsuit against market-making giant Jump Trading, accusing it and its executives of secretly manipulating the Terra ecosystem and profiting while the project unravelled. The administrator overseeing Terraform’s liquidation is seeking $4 billion in damages, arguing that responsibility for one of crypto’s most destructive failures extends well beyond founder Do Kwon. A collapse that reshaped crypto The…
As Bitcoin hovers near $87,000, the global cryptocurrency market has seen a high-stakes battlefield. On one side, corporate giants Strategy and BitMine Immersion Technologies poured billions into Bitcoin and Ethereum. On the other, a massive infrastructure shock in China and a wave of bearish options trading threaten to pull the rug out from under the recent rally.Strategy Buys $980M BitcoinMichael Saylor’s Strategy continues its relentless march toward total Bitcoin saturation. In an 8-K filing this Monday, the company disclosed the purchase of another 10,645 BTC for approximately $980.3 million.Strategy has acquired another 10,645 BTC. – Source: StrategyTracker.Strategy’s latest purchase marks…
All news is rigorously fact-checked and reviewed by leading blockchain experts and seasoned industry insiders. Mastercard is expanding its Crypto Credential system to self-custody wallets through a partnership with Polygon and Mercuyo. The firm has broadened its presence in the crypto space via collaborations with Ripple, Chainlink, Revolut, and other blockchain platforms. Mastercard, an American multinational financial services corporation, has secured a strategic collaboration with the Polygon (POL) blockchain. Leveraging this partnership, Mastercard will enable crypto payments for its customers and merchants. Mastercard Leveraging Polygon for Crypto Payments As disclosed in an X post, Mastercard chose the Polygon blockchain to…
