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GM ✅ CoinRank Early Briefing!
DraftKings has launched DraftKings Coin, a standalone app that allows users in select U.S. states to make “pick’em” style price predictions on crypto assets such as Bitcoin and Ethereum, operating under oversight from the Commodity Futures Trading Commission (CFTC).
A bipartisan group of U.S. House lawmakers has unveiled a new crypto tax framework aimed at clarifying how digital assets are treated under U.S. tax law.
U.S. lawmakers have introduced a proposal to create a tax safe harbor for certain stablecoin transactions, seeking to reduce compliance burdens for o
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Tether's mobile crypto wallet will integrate AI and will only support four assets: BTC and USDT.
Tether CEO paoloardoino announced the development of a new mobile crypto wallet with integrated AI capabilities. Powered by Tether's open-source WDK and QVAC platforms, the wallet will exclusively support four assets: Bitcoin (BTC), USDT, the new stablecoin USAT, and the tokenized gold XAUT.
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Nasdaq-listed mining firm @BITDEER reported its latest holdings, now at 1,996.7 BTC as of Dec. 19. The company mined 144.1 BTC this week while selling 141.5 BTC. Due to continued sales, its total Bitcoin reserves have fallen by nearly 20% compared to last month.
#Bitdeer #BitcoinMining #BTC #CoinRank
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Ethereum co-founder VitalikButerin argued that prediction markets serve as an antidote to irrationality on emotionally charged issues. He stated that their profit-and-loss mechanism creates accountability, pushing the system toward truth over time in a way social media cannot.
Buterin also described prediction markets as "healthier" than traditional markets. Because their prices are confined between 0 and 1, they are less vulnerable to manipulation, reflexivity, and "greater fool" dynamics.
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According to analysis from CryptoWzrd, Litecoin (LTC) is tracking Bitcoin's positive sentiment. The key for a continued bullish outlook is holding above the $75.20 support level.
However, resistance looms at $79.60. A retest of this level showing signs of weakness could present a shorting opportunity, while a decisive break below the $75.20 support would shift the outlook to bearish.
#Litecoin #LTC #CoinRank
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GN🌙 CoinRank Evening Headlines!
Gemini has signed a joint letter defending the original intent of the "Genius Act," arguing that platforms must be allowed to continue providing stablecoin rewards to users.
MSCI will decide on January 15 whether to remove Strategy from its index. Analysts at Jefferies and TD Cowen warn that an exclusion could trigger similar moves by other major indices, including the Nasdaq-100 and FTSE Russell, though Nasdaq has currently retained the firm.
A circulating report attributed to Fundstrat warns of a potential crypto market drawdown in early 2026, setting downsid
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⏰12/15 - 12/21 | This Week's Top Events: What Did You Miss?
#CoinRank #CryptoNews
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Market Weekend Recap
Here's a quick look at the key headlines from this weekend
👇
#CryptoMarket #cryptotrading
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Hello☕ CoinRank Afternoon Brew!
Prediction markets show Kevin Hassett leading the race for the next Fed Chair, with odds rising to 54% on Polymarket and 51% on Kalshi, placing him significantly ahead of rivals Warsh and Waller.
A crypto whale, who previously purchased 581,000 HYPE ($14.4M) between July and October, has accumulated another 490,000 HYPE ($12.1M) over the last 14 days, likely attempting to average down their investment cost.
For the week ending December 18, Circle reported a net decrease in circulation of about 1.3 billion USDC, issuing 4.7 billion while redeeming 6 billion, brin
HYPE-2.48%
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Coinbase: Trump's tax bill could drive gamblers to prediction markets
Coinbase's 2026 outlook highlights that the "One Big Beautiful Bill Act" (signed July 2025) will limit gambling loss deductions starting in 2026, potentially taxing bettors on "phantom" income even if they suffer net losses.
The exchange predicts this change could make prediction markets—which utilize financial derivatives rather than traditional gambling structures—a more tax-advantageous alternative to casinos and sportsbooks.
#coinbase #PredictionMarkets #CoinRank
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Blockchain Association opposes expanding stablecoin yield ban to third parties
The Blockchain Association, backed by 125+ industry groups, sent a letter to the US Senate Banking Committee opposing the expansion of the stablecoin yield prohibition to third-party platforms, calling it anti-competitive.
While the "GENIUS" regulatory framework bans issuers from paying yield, the letter argues that extending this ban to crypto platforms—similar to credit card rewards—would stifle innovation and increase market concentration.
#stablecoin #Regulation #CoinRank
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GM ✅ CoinRank Early Briefing!
According to DownDetector, massive user reports indicate issues with YouTube services, with over 3,400 outage reports logged by 8:08 AM ET.
Swift announced it is partnering with over 30 global banks to advance a blockchain-based ledger system designed to support scalable tokenized asset circulation, aiming to solve fragmentation in digital finance.
Stablecoin infrastructure startup Nodu completed a $1.45 million Pre-Seed financing round led by Digital Space Ventures to build a MiCA-compliant stablecoin alternative for European institutions.
Federal Reserve officia
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Pro-crypto Senator Lummis won't seek reelection in 2026; leaves office in 2027
Wyoming Senator Cynthia Lummis announced she will not run for another term, citing exhaustion and stating she lacks the energy for another six years, comparing herself to a "sprinter in a marathon."
A key ally of Trump's crypto agenda, Lummis has been instrumental in advancing the digital asset market structure bill, which passed the House but remains pending in the Senate Banking Committee.
#Lummis #Regulation #CoinRank
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SEC seeks 8-10 year officer bans for former FTX executives Ellison, Wang, and Singh
The SEC has filed "final consent judgment" proposals to the SDNY court regarding Alameda's Caroline Ellison, FTX's Gary Wang, and Nishad Singh following the 2022 collapse.
Under the settlement, Ellison accepts a 10-year ban from serving as an officer or director of public companies, while Wang and Singh agree to 8-year bans. All three consented to the terms without denying the securities fraud allegations.
#SEC #FTX #CoinRank
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Bernstein: Nvidia valuation hits rare "attractive" zone; Target $275
Analyst Stacy Rasgon highlights that $NVDA is trading at a ~13% discount to the Semiconductor Index (SOX), a level seen in only 13 trading days over the last decade.
With a forward P/E of ~25x, the stock is statistically "cheap." Historical data shows that buying at this level yields an average 1-year return of over 150%, with zero instances of negative returns.
#data #NVDA #CoinRank
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JUMP TRADING ACCUSED OF CAUSING TERRAFORM LABS COLLAPSE, FACING $4B LAWSUIT

Jump Trading faces a $4 billion lawsuit from Terraform Labs' estate administrator, accusing the firm and executives of profiting from the 2022 collapse of Terraform.
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