Coinbase Warns Of ‘Immediate And Irreparable’ Harm As It Sues Three US States Over Prediction Market Regulation

Coinbase Global Inc. (NASDAQ:COIN) has filed lawsuits against Michigan, Illinois, and Connecticut, challenging state authority over the regulation of prediction markets. The legal action, initiated on Thursday, seeks to establish that the Commodity Futures Trading Commission (CFTC) is the sole regulator of these markets, not individual state gaming regulators....
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This Year Has Been a Drag But BTC is Still Up Over 400% Since Cycle Low

Crypto markets are currently around 13% lower than they were at the beginning of this year, and Bitcoin is down approximately 8%. Total market capitalization is now at its lowest level since April after falling below $3 trillion this week, but it’s not all that bad, say analysts and experts....
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Bitcoin Losses Are Aging: 43% Of Underwater Supply Now Held By HODLers

On-chain data shows the distribution of the underwater Bitcoin supply has been shifting recently with the share of long-term holders rising. 23.7% Of Bitcoin Supply Is Currently Being Held At A Loss In its latest weekly report, on-chain analytics firm Glassnode has discussed about the latest trend in the...
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Sui price rebounds as Bitwise files S-1 for spot SUI ETF

SUI price rebounded from a nearly two-week downtrend as crypto asset manager Bitwise filed to launch an exchange-traded fund tracking the Sui token. Bitwise submitted its Form S-1 to the U.S. Securities and Exchange Commission on Thursday for the “Bitwise…...
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