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Coinbase faces state showdown over CFTC control of prediction markets

Coinbase sues three U.S. states, arguing prediction markets are CFTC-regulated derivatives, not state-governed gambling, in a key test of federal authority. Coinbase has filed lawsuits against regulators in Michigan, Illinois, and Connecticut, challenging state attempts to regulate prediction markets that…

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Coinbase sues three U.S. states, arguing prediction markets are CFTC-regulated derivatives, not state-governed gambling, in a key test of federal authority.

Burry warns household stock boom echoes 1960s–1990s bear market pivots

Burry warns U.S. households now hold more wealth in stocks than homes, a rare signal that last preceded multi-year bear markets in the late 1960s and 1990s. Michael Burry, the investor known for predicting the 2008 financial crisis through short…

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Burry warns U.S. households now hold more wealth in stocks than homes, a rare signal that last preceded multi-year bear markets in the late 1960s and 1990s
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