Grosscrypto News

Detroit set to enter Michigan‘s battle against Coinbase prediction markets

Detroit set to enter Michigan‘s battle against Coinbase prediction markets - Latest Cryptocurrency News

The US city is expected to pen an amicus brief in Coinbase's lawsuit against the state of Michigan, which the exchange filed ahead of its prediction markets launch.

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US lawmakers publish crypto tax proposal without Bitcoin tax exemption

US lawmakers publish crypto tax proposal without Bitcoin tax exemption - Latest Cryptocurrency News

The bill proposes exempting dollar-pegged stablecoins from gains or losses if the tokens remain tightly pegged to the underlying fiat currency.

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Coinbase users push back against prediction markets notifications

Coinbase users push back against prediction markets notifications - Latest Cryptocurrency News

While prediction market platforms are under legal scrutiny in the US, many Coinbase users are claiming that the app is pushing them to gamble.

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Ether traders see ‘further decline’ as ETH price slips below $2K

Ether traders see ‘further decline’ as ETH price slips below $2K - Latest Cryptocurrency News

Ether traders said ETH price could see further downside after bulls failed to defend the $2,000 support as signs of declining demand were apparent.

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Incentive design could change retail investors' fortunes

Incentive design could change retail investors

Crypto cycles trap retail in speculation. Savings layers with capital preservation and prize incentives rewrite participation for consistent gains.

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Bitcoin dips under $66K as oil sparks 'unsustainable' US inflation risk

Bitcoin dips under $66K as oil sparks

Bitcoin joined a risk-asset rout as oil-supply nerves sparked major US inflation warnings, with $70,000 in place as new BTC price resistance.

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NYSE parent ICE completes new $600M investment in Polymarket

NYSE parent ICE completes new $600M investment in Polymarket - Latest Cryptocurrency News

ICE completed a new $600 million investment in Polymarket, advancing its $2 billion funding deal as prediction markets face growing scrutiny.

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ECB paper questions if DeFi DAOs are decentralized enough to sit outside MiCA

ECB paper questions if DeFi DAOs are decentralized enough to sit outside MiCA - Latest Cryptocurrency News

An ECB working paper found DeFi governance remains highly concentrated, complicating efforts to identify who should fall under MiCA oversight.

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Interview with SBF’s parents drops chance of pardon on betting markets

Interview with SBF’s parents drops chance of pardon on betting markets - Latest Cryptocurrency News

If betting markets are to be believed, the chances of former FTX CEO Sam Bankman-Fried getting a presidential pardon this year aren’t looking good.

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Bitcoin nears lowest in three weeks as BTC price targets drop to $41K

Bitcoin nears lowest in three weeks as BTC price targets drop to $41K - Latest Cryptocurrency News

Bitcoin grabbed downside liquidity as oil-supply pressure sent BTC price action below $66,500 to its lowest levels since March 9.

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