News

Rip Higher or Roll Over? Prediction Market Wagers Suggest a Slower Climb Ahead for Bitcoin

Coins Legend December 19, 2025 0

With bitcoin off 5.5% for the month of December on a returns basis, plenty of eyes are squinting at the chart and asking what comes next. To size things up, we leaned into the wisdom of the crowd and peeked at what today’s most active prediction markets are betting on. Myriad Bettors Still

News

Crypto Industry Moves to Defend Stablecoin Rewards as GENIUS Act Interpretation Tightens

Coins Legend December 19, 2025 0

More than 125 organizations and companies are pressing Congress to preserve stablecoin rewards, warning that reinterpreting the GENIUS Act would limit consumer choice, weaken competition, and unravel a hard-won regulatory balance. Industry Coalition Defends Stablecoin Rewards Under GENIUS Act A coalition of digital asset and fintech groups moved to head off potential

News

USDC Enters Intuit’s Core Products With Circle Partnership as Stablecoins Move Mainstream

Coins Legend December 19, 2025 0

USDC is moving deeper into mainstream finance as Intuit partners with Circle to embed stablecoin payments across its platforms, expanding always-on, lower-cost digital money movement for consumers, small businesses, and global transactions. Intuit Expands Money Movement Strategy With Circle Partnership and USDC Rails A global shift in digital finance advanced as a major

News

SEC Confirms Constructive Crypto Stance as Privacy and Innovation Anchor Current Policy Direction

Coins Legend December 19, 2025 0

U.S. regulators signaled a friendlier future for crypto, emphasizing innovation, privacy, and individual empowerment as the SEC outlined potential regulatory paths that could reshape digital assets and limit surveillance-heavy oversight. SEC Positions Crypto as a Core Driver of 21st Century Financial Infrastructure Regulators outlined a more constructive approach to

News

Base App Goes Live Across 140+ Countries as Coinbase Pushes Social Trading Toward the Mainstream

Coins Legend December 19, 2025 0

Coinbase-backed Base App launches globally, rolling out a social-first crypto platform that blends trading, payments and earning into a single onchain experience designed to push blockchain tools to mainstream users across more than 140 countries. Coinbase Accelerates Consumer Crypto Adoption as Base App Exits Waitlist and Scales Worldwide The expansion of consumer crypto

News

MicroBT Enters the Petahash Club, Taking Bitcoin Mining Rigs to a New Extreme

Coins Legend December 19, 2025 0

Over the past year, application-specific integrated circuit (ASIC) technology has advanced substantially, and this month, Shenzhen, China-based MicroBT introduced its newest mining machine, boasting an unprecedented hashrate of 1,035 terahash per second (TH/s), equivalent to 1.35 petahash per second (PH/s) of raw computing power. MicroBT Crosses the Petahash Rubicon With a

News

SEC Publishes Crypto FAQs Clarifying Trading, Custody, and Market Infrastructure Rules

Coins Legend December 19, 2025 0

SEC staff guidance clarifies how existing securities laws apply to crypto assets, detailing custody, capital, trading, and recordkeeping expectations while signaling flexibility for broker-dealers and market infrastructure handling bitcoin, ether, and other digital assets. SEC Staff Lays out How Securities Rules Apply to Crypto Markets The U.S. Securities and Exchange

News

Fold Expands to All 50 US States After Bitgo Receives OCC Banking Charter

Coins Legend December 19, 2025 0

Fold has secured nationwide consumer bitcoin access in the United States through a single federally supervised trust framework, following a partnership tied to Bitgo Bank & Trust’s newly granted Office of the Comptroller of the Currency (OCC) charter. Bitcoin Platform Fold Achieves Nationwide Reach According to the company, bitcoin consumer access in the United States

News

Bloomberg’s Mike McGlone Warns of Market ‘Hurricane’ in 2026

Coins Legend December 19, 2025 0

Mike McGlone, senior commodity strategist at Bloomberg Intelligence, warned that a broad market downturn may be approaching in 2026, arguing that stretched valuations, falling crypto prices, and deflationary pressures are flashing familiar pre-crisis signals. Mike McGlone: Crypto Is Leading a Broader Market Rollback McGlone made the comments in a wide-ranging interview

News

Inflation Cools and Stocks Rise, So Why Is Bitcoin Still Floundering?

Coins Legend December 18, 2025 0

The cryptocurrency rallied momentarily Thursday morning before dropping back to $85K later in the day. Why Is Bitcoin Stuck With Inflation Cooling and Stocks Up? The Bureau of Labor Statistics (BLS) published its long-awaited Consumer Price Index (CPI) report on Thursday, revealing cooler-than-expected inflation data. Stocks rose on the news, and so did bitcoin, albeit