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Coinbase Teases 'New Era' Amid Prediction Market, Stock Trading Leaks

Coinbase is hinting at a transformative phase for its platform, following leaks highlighting potential features for a prediction market and stock trading. The company, which leads the U.S. cryptocurrency exchange sector, did not refute these leaks but instead pointed to a forthcoming livestream on December 17, where it plans to unveil 'exciting product announcements.' Screenshots from tech leaker Jane Manchun Wong indicate that Coinbase's prediction market may be powered by Kalshi, a notable player in this space. These revelations also suggest that Coinbase is exploring stock and ETF trading, a feature many crypto exchanges have considered. Wong uncovered these features by analyzing the app's publicly available code. She noted that should the prediction market be fully integrated, it would mark a significant advancement in Coinbase's offerings. The prediction market trend is growing, and Kalshi alone has recorded substantial trading volume, demonstrating increasing interest in such platforms.

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Pro-Crypto CFTC Chair Nominee Won’t Commit to More Agency Resources or Dem Commissioners

During his Senate confirmation hearing, Mike Selig, the nominee for chair of the Commodity Futures Trading Commission (CFTC), declined to state that the agency requires more resources to regulate the expanding crypto market. This refusal came despite bipartisan support from senators who stressed the need for an enhanced budget and

New XRP and Dogecoin ETFs Expected to Begin Trading in the Coming Days

Analysts predict that new ETFs tracking XRP and Dogecoin may begin trading within the next few days. The anticipated launch follows previous delays attributed to a U.S. government shutdown affecting regulatory approvals. Bitwise Asset Management's ETF is expected to start trading soon, with Grayscale and Franklin Templeton

XRP price at risk of a 25% drop to $1.55: Here is why

XRP's price is facing a significant risk of a decline due to multiple factors, particularly a bearish descending triangle formation that hints at a potential 25% drop to $1.55. The current market conditions reveal XRP trading 11% lower compared to last week with a notable descending triangle

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