News

Council Speaker Julie Menin sent letters to four prediction market platforms, seeking answers about practices that may target minors

The S&P 500 (^GSPC) is home to the biggest and most well-known companies in the market, making it a go-to index for investors seeking stability. But not all large-cap stocks are created equal - some are struggling with slowing growth, declining margins, or increased competition.

The New York City Council is investigating four prediction markets for alleged deceptive marketing practices and targeting minors, opening a new front in the bitter, state-by-state legal war over prediction-market regulation. City Council Speaker Julie Menin sent letters to Polymarket, Kalshi, Coinbase and Gemini Titan, all of which have a presence in New York City, on Aug. 11 seeking answers about how the companies comply with consumer protection laws. In a letter addressed to Polymarket founder and Chief Executive Shayne Coplan, Menin asked for details about Polymarket promotional videos that appeared to depict fake trades and promoted insider trading on social media.

(Bloomberg) -- The New York City Council is probing the advertising practices of four major prediction market platforms, creating a new front in the legal battles facing the booming industry. Most Read from BloombergPhoebe Gates Knew Phia Shopping App Took Credit for Sales It Didn’t DriveFive Takeaways From Zuckerberg’s 6,500-Word Manifesto on AITata Sons Chairman to Step Down, Deepening Leadership TurmoilPakistan Says Deal Is Close Even as Iran, US Harden StancesTrump Weighs Call for Capital Ga

Coinbase Global Inc. CEO Brian Armstrong argued that crypto has already expanded financial access globally by bringing dollar-based payments, decentralized credit, stock exposure and an alternative store of wealth to people outside traditional financial systems. Armstrong Highlights Crypto’s Financial Access...

If Congress can’t give crypto firms long-sought legal protections, a top Wall Street regulator might try to do it on its own.

Polymarket is building out its U.S. operation as rival Kalshi races ahead in the domestic prediction market business.Kalshi has turned sports trading into a huge growth engine, while Polymarket is still trying to translate the popularity of its international platform...

Circle Internet Group is bouncing off summer lows with analysts sharply divided between $120 price targets and outright Sell ratings, and the September 16 Arc mainnet launch could force everyone to pick a side.

Wall Street analysts refuse to abandon their buy calls on a stock that has collapsed 75% over the past year, and one outlier has staked a price target so aggressive it would require a near-total reinvention of how the market values bitcoin leverage.

Futures, perpetuals and options spanning crypto, commodities, equities and FX, limited to clients who qualify as professional investors.

A number of stocks jumped in the afternoon session after the July jobs report showed an unexpected loss of 23,000 jobs, signaling a cooling labor market.

Fresh buying reveals where Wood sees better risk-reward

Investing.com -- Marex Group (NASDAQ: MRX) plans to begin accepting Bitcoin and Ethereum as initial margin collateral for derivatives later this year, extending its stablecoin program announced last month, Investing.com has learned.

Optimism told BeInCrypto it will review its OP buyback after 12 months, as monthly purchases fell 87%. All you need to know.

Coinbase (Nasdaq: COIN) stock closed at roughly $148 on Friday, August 7, 2026, its most recent session; the U.S. stock market is closed over the weekend. Shares are trading near the bottom of their 52-week range and remain far below the highs they set last year, as a broad crypto market ...

Coinbase Global (COIN) has become a focus stock after reporting a second quarter 2026 net loss alongside softer sales and revenue, while it continues to push ahead with UK expansion and new USDC based stock trading for UK clients. See our latest analysis for Coinbase Global. Despite the latest earnings weakness, Coinbase Global’s share price has moved sharply from recent lows, with a 1-day share price return of 5.63% and a 7-day share price return of 5.02%. However, the 90-day share price...

On Aug. 7, U.S. District Judge Shalina Kumar of the Eastern District of Michigan rejected Coinbase's (Nasdaq: COIN) bid to block enforcement of its sports event contracts. In December 2025, the crypto exchange sued Michigan Attorney General Dana Nessel, arguing that the Commodity Futures Trading ...

Bitcoin was trading right around $65,000 U.S. on Aug. 7 to end a difficult week for the crypto market. ...

Coinbase and Circle got left holding the bag once again after Sen. Thune’s late Thursday admission that Democrats are showing no signs of budging.

Democrats and Republicans are still at odds over the bill, which includes putting most crypto trading outside the control of the SEC.

Bitcoin climbed above $65,000 for the first time in August, lifting crypto-linked stocks.

Bitcoin traded near $64,600 as the U.S. Senate shelved the CLARITY Act ahead of its August recess, leaving the market-structure bill without a floor vote. JPMorgan had described the legislation as a significant potential catalyst, while its latest analysis said declining odds of passage this year were a headwind for ...

The Fed’s next rate move might actually be a cut, the Clarity Act crypto bill is in doubt, and more news to start your day.

On August 6, 2026, Coinbase launched 24/5 US stock trading for UK users. While the headline features — zero commission and a £1 minimum for fractional shares — are familiar to retail investors, the structural innovation lies in the plumbing. For the first time, a major platform is treating USDC not merely as a payment […]

Deutsche Telekom will operate a SphereNet validator as Sphere Labs develops a compliance-focused ledger for regulated finance and agentic payments.

Senate Majority Leader John Thune says he still expects an initial CLARITY Act vote this week. Prediction market traders think it may be too little, too late. The Polymarket contract tracking whether the crypto bill becomes law in 2026 crashed...

Earlier this summer, it seemed that a major crypto bill would likely become law this year. The bill has been a major goal of Coinbase Global and other cryptocurrency firms, which have spent years lobbying and making campaign contributions to pro-crypto lawmakers just to get to this point. The Senate is scheduled to begin a long recess this week, and crypto advocates had hoped that it would pass the bill before departing.

Coinbase and other crypto players have been pushing for a vote on the crypto bill known as the Clarity Act. That’s looking less likely to happen this year..

SpaceX and Circle rank among the 10 largest positions in Ark's flagship innovation fund after the firm continued buying both companies following their second-quarter earnings.

Circle renewed its revenue-sharing agreement with Coinbase on August 5, locking in a distribution model that cost the issuer approximately $908 million in fiscal year 2024. The following day, CoinShares published a research note identifying the Open USD (OUSD) consortium as an existential threat to Circle’s business model. The friction point is structural. In its […]