Coindesk

Coinbase Inc. (COIN) is warning customers that a U.S. regulator is demanding information about interactions with prediction market firm Polymarket, according to a person familiar with the situation, and Coinbase has sent messages to customers saying the exchange may have to share that data.Copies of the emails shared with some customers have circulated on social-media sites, and those warnings about the U.S. Commodity Futures Trading Commission (CFTC) requests are accurate, the person said. The U.S. derivatives regulator has conducted a drawn-out legal battle with prediction markets firms, and this latest move comes just days before the leadership of the agency will flip from Democratic to Republican when President-elect Donald Trump takes office."When we receive requests for information from a government,...

In October 2024, an AI agent became a millionaire for the first time. That's something only a tiny fraction of humans will ever accomplish, even after a lifetime of labor, but an AI agent managed it in a span of days. Terminal of Truths (ToT) watched as its associated token $GOAT skyrocketed to a $900M market cap — not through trading algorithms or customer service, but by building “memetic fitness” and creating its own religion.Maybe ToT is a temporary freak in a crypto asset bubble. Or, maybe it's a preview to a lasting change in how humans build and use computer technology. AI agents are now operating autonomously in the economy, owning assets, creating narratives and coordinating human activity –...

U.S. stock markets were closed on Thursday in remembrance of former President Jimmy Carter, but crypto is 24/7 and is bearing the entire brunt of any nervousness ahead of tomorrow's December employment report.In late-afternoon action, the price of bitcoin (BTC) had returned to levels not seen in more than a month, barely holding on above $91,000 and down about 3% over the past 24 hours.The broader CoinDesk 20 Index is down similarly, but notable underperformers include solana (SOL) and chainlink (LINK), both off by double-digit percentage amounts.The continued selloff in crypto comes following a major fourth quarter 2024 rally spurred by Donald Trump's November victory and the hope of a friendlier regulatory environment out of Washington D.C. Another leg on...

In today’s issue, Leo Mindyuk from MLTech provides a crypto outlook for 2025 and highlights key factors that could drive the adoption of these assets.Then, Miguel Kudry from L1 Advisors shares his insights on the topic in Ask and Expert.–Sarah MortonYou’re reading Crypto for Advisors, CoinDesk’s weekly newsletter that unpacks digital assets for financial advisors. Subscribe here to get it every Thursday.2025 Outlook for Crypto Adoption: Building Bridges to the MainstreamThe crypto industry is entering 2025 with a renewed sense of purpose. Over the past year, the sector has witnessed key developments that signal crypto’s increasing integration into traditional finance (TradFi) and broader adoption of crypto assets, especially bitcoin. However, the road ahead will test the resilience of this growing...

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3298.7, down 2.2% (-74.23) since 4 p.m. ET on Wednesday.One of 20 assets is trading higher.Leaders: LTC (+1.9%) and POL (-0.3%).Laggards: RENDER (-5.1%) and ICP (-5.1%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link