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Coinbase CEO Garners Praise, Pushback for Prediction Market Shoutouts in Earnings Call

During Coinbase's Q3 earnings call, CEO Brian Armstrong unexpectedly mentioned terms that prediction market users had bet on, triggering mixed reactions from industry observers. His comments included words like 'blockchain,' 'staking,' and 'Web3,' which he added in a seemingly spontaneous moment after being alerted by a team member about a prediction market. While the move entertained some users and boosted the odds for those terms, others criticized it as potential market manipulation, suggesting it undermined the integrity of the prediction markets. Armstrong claimed it was a fun interaction without serious financial implications, and Ethereum founder Vitalik Buterin defended him, emphasizing the lightheartedness of the incident. Critics, however, remained concerned about the ethical ramifications. Despite the excitement, the markets had low trading volumes, with only a few hundred dollars in combined volume for the mentioned terms.

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Prediction Markets Indicate U.S. Government Shutdown Might End Soon

Prediction markets suggest that the lengthy U.S. government shutdown may conclude shortly, with traders assigning a 96% probability of it reopening between November 12 and 15. A recent Senate vote advanced a bipartisan funding bill, yet critical issues such as Affordable Care Act subsidies remain unresolved. Political pressures are

Prediction Markets Say U.S. Government Shutdown Days From Ending as Health Care Fight Looms

The U.S. government shutdown appears to be nearing its end, with prediction markets indicating a 96% chance of resolution by mid-November. A Senate vote advanced a funding bill intended to reopen the government, although significant issues, including Affordable Care Act subsidies, remain unresolved. Traders are predicting the shutdown could

Prediction Markets Suggest U.S. Government Shutdown is Nearing an End

Prediction markets indicate a 96% likelihood that the lengthy U.S. government shutdown will conclude between November 12 and 15. This optimism follows a Senate vote that passed a bipartisan funding bill aimed at reopening government operations. However, unresolved issues remain, particularly regarding Affordable Care Act subsidies critical for many

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