Prediction markets are the new secret weapon for Coinbase (COIN) and Robinhood (HOOD) growth

Cantor Fitzgerald analyst Ramsey El-Assal said prediction markets are gaining traction as a new growth area for Coinbase (COIN) and Robinhood (HOOD) as investors look away from a weak first quarter for cryptocurrency trading and instead focus on future products. “Investors increasingly view quarterly reports as backward-looking,” Assal said, with attention turning to “forward-looking demand…

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New York sues Coinbase, Gemini over prediction market offerings

New York sued Coinbase and Gemini on Tuesday, becoming the latest state to claim prediction market contracts involving sports, entertainment and elections violate state gambling laws. Coinbase and Gemini’s prediction market products are actually unlicensed gambling products, according to the lawsuit, which points to how the companies promote their prediction markets and their role as…

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Inside the hunt for Satoshi: Filmmakers chase crypto’s biggest mystery

Big picture: The movie “Searching for Satoshi” aims to solve what its creator says is one of the greatest financial mysteries of all time. Director Tucker Tooley said the project blends investigative reporting with telling the story of “one man” behind Bitcoin. The team deliberately avoided conspiracy theories and instead focused on Satoshi’s motivations, struggles,…

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A public servant, a loving father and a preteen’s mother: These are the victims of the Atlanta-area shootings

A loving father and a budding family. A dedicated employee of the Department of Homeland Security. A mother with a preteen child. The men were killed last week after a killing spree across several Atlanta suburbs that left three families devastated. Lauren Bullis, 40, Prianna Weathers, 31, and Tony Matthews, 48, were shot within hours…

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