TD Cowen says CME has the upper hand in lawsuit against CFTC over crypto perpetual futures

"We expect CME will seek a preliminary injunction to block perps as the case proceeds," said TD Cowen's Jaret Seiberg....
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JPMorgan: Bitcoin Mining Costs Have ‘Worsened’ as BTC Trades Below Production Cost
Bitcoin Magazine JPMorgan: Bitcoin Mining Costs Have ‘Worsened’ as BTC Trades Below Production Cost JPMorgan says Bitcoin mining economics have deteriorated as BTC trades about 19% below its estimated $78,000 production cost, forcing public miners into record coin sales and rendering roughly 20% of the industry unprofitable. This post JPMorgan: Bitcoin Minin...

Republican lawmaker proposes prediction markets insider trading ban, not including White House officials
The bill did not specifically bar members of the US Congress from using the platforms or making sports bets, but prohibited policy wagers....

Schwab to join prediction markets race with S&P 500 event-based options: WSJ
The planned offering would let customers bet on index moves as Coinbase and Robinhood expand in the sector....