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The U.S. Commodity Futures Trading Commission (CFTC) announced a memorandum of understanding with the NBA to jointly maintain the integrity of professional basketball events in prediction markets. According to the agreement, both parties will share information, maintain regular communication on integrity matters, and collaborate to ensure that relevant markets are fair and transparent. CFTC Chairman Michael Selig stated that the NBA, along with MLB and NHL, has taken a responsible step to protect sports integrity and market participants from abuses such as insider trading and fraud, and thanked NBA President Adam Silver for prioritizing the integrity of professional basketball and the U.S. financial markets.The agreement reflects that betting on sports event outcomes is rapidly migrating to CFTC-regulated platforms like Kalshi and Polymarket, where users can trade event contracts based on real-world outcomes. Such memorandums of understanding with regulatory agencies aim to establish channels for marking suspicious activities. Previously, the NHL became the first major league to authorize trademarks for prediction markets, while MLB signed an integrity agreement after collaborating with Polymarket. The NBA's involvement is particularly noteworthy, as the league is still affected by one of the largest betting scandals in recent years: in October 2025, an FBI operation arrested Miami Heat guard Terry Rozier and a coach, accusing them of participating in a gambling scheme to manipulate game outcomes to influence betting.This collaboration comes amid a jurisdictional dispute over prediction markets. The CFTC recently defined event contracts as swaps within its jurisdiction and excluded casino-style gambling; the lawsuit between the NFL and Kalshi has drawn the attention of the Supreme Court, with the NFL to date refusing to sign related agreements, contrasting with its cooperation with the NBA. Bernstein analysts expect that by the end of this decade, prediction markets could generate billions of dollars in revenue, with new participants continuously entering, and Blockchain.com is one of the latest seeking CFTC approval to offer event contracts.

Coinbase Institutional Co-CEO Brett Tejpaul stated in an interview that the "second wave" of institutional funds for Bitcoin has arrived. He revealed that the seven largest banks in the world are currently operating on Coinbase's infrastructure and are experiencing their own "Kodak moment," as these banks begin to move funds from traditional accounts to on-chain settlements.Tejpaul indicated that the core driver of institutional adoption has shifted from Bitcoin ETFs to stablecoin payments. Funds can now be transferred from Citibank accounts to USDC, cross-chain in a second, and then enter corporate accounts on the other side. He disclosed that the scale of stablecoin settlements has reached $400 million per hour, but relative to the overall payment market, it is still just "a speck of dust," with payment service providers adopting it on a large scale ahead of banks. Additionally, Coinbase is connecting U.S. funds to Deribit, which holds 85% of the options market share.When discussing Bitcoin, Tejpaul believes the macro environment is good, but the price performance is disappointing, and institutions currently view it as a tech-related trade. He also mentioned that stablecoins and agency-style commerce have arrived almost simultaneously, and Coinbase is advancing a transformation from "Amazon to AWS" to activate infrastructure across the United States, disclosing that it holds about 90% of the market share in Bitcoin ETF custody.

According to The Defiant, the NBA announced Kalshi as its preferred prediction market exchange.This partnership will provide Kalshi with official league data and NBA brand licensing, while Polymarket also received the same preferred designation.

According to the official announcement, Coinbase will launch spot trading for Ritual (RITUAL) on October 26.If liquidity conditions are met, the RITUAL-USD trading pair will open later that day, limited to supported trading regions.

According to Lookonchain monitoring, three wallet addresses suspected to belong to the same whale have deposited a total of 494,310 HYPE (approximately 37.83 million USD) into Coinbase in the past 24 hours, showing signs of selling.

According to the market intelligence platform Liquid247.xyz, Coinbase's spot BTC has approximately 104.09 sell orders at the $82,000 level, amounting to about $8.5354 million, which is an increase of about 3.05% from the mid-price of approximately $79,574 at that time. The total sell orders at the near end amount to about $32.5195 million, while the buy orders are approximately $18.3105 million.The net sell orders at this venue exceed by about $14.2091 million, accounting for 27.95% of the total depth. The selling pressure near $82,000 is the most prominent resistance at the near end.

According to the market information platform Liquid247.xyz, Coinbase's spot ETH has approximately 4,200.01 sell orders at a price of $2,372.00, amounting to about $9,962,400, which is about 1.96% above the mid-price of approximately $2,326.30 at that time.The total near-term sell orders amount to approximately $20,033,000, with buy orders around $12,067,500, resulting in a net sell order surplus of about $7,965,500, accounting for 24.81% of the total depth.

According to the market intelligence platform Liquid247.xyz, Coinbase's spot BTC has about 105.91 sell orders at the $82,000 level, nominally about $8.68 million, which is an increase of about 1.55% from the mid-price of approximately $80,749 at that time. The total sell orders near the front end amount to about $33.78 million, while the buy orders are about $22.44 million.The net sell orders on Coinbase's spot market exceed the buy orders by approximately $11.34 million, accounting for 20.17% of the total depth. The sell orders near $82,000 are the most prominent resistance at the front end.

According to CoinGlass data, the Coinbase Bitcoin premium index has recorded negative values for 31 consecutive days, with the latest at -0.1353%, indicating that purchasing power in the U.S. market has once again fallen into a slump.Previously, on August 24, the Coinbase Bitcoin premium index reappeared with a positive signal for the first time since May 19, reporting at 0.0052%, momentarily ending the longest historical negative premium period of 97 days. The Coinbase Bitcoin premium index is used to measure the price difference of Bitcoin between Coinbase Pro and Binance. A sustained negative index typically means that Coinbase's pricing is relatively low, which may reflect weak buying interest or significant selling pressure in the U.S. market, but it is not advisable to directly conclude that institutional funds are flowing out based solely on this indicator.

According to the market information platform Liquid247.xyz, the current price of BTC is $80,646. The thickest order book is on Coinbase spot: sell orders amount to $33,169,300, and buy orders amount to $18,516,800, with sell orders exceeding buy orders by $14,652,500.Binance spot, OKX perpetual, and Hyperliquid perpetual sell orders are also thicker than buy orders, but the scale is not as large as Coinbase spot. If a large buy or sell order suddenly appears, exchanges with thinner order books will be affected first, and price fluctuations will be more pronounced.

According to the market information platform Liquid247.xyz, the current price of ETH is $2,379.10. The current thickest order book is on Coinbase spot: buy orders at $13,725,900, sell orders at $10,238,800, with buy orders exceeding sell orders by $3,487,100.The Binance spot buy orders are also thicker than sell orders, but the scale is smaller than that of Coinbase spot. If a large buy or sell order suddenly appears, the exchanges with thinner order books will be affected first, and the price fluctuations will be more pronounced.

According to the market intelligence platform Liquid247.xyz, Coinbase's spot BTC has approximately 106.39 sell orders at the $83,000 level, nominally about $8.83 million, which is an increase of about 2.38% from the then mid-price of approximately $81,070. The total near-term sell orders amount to about $33.09 million, while buy orders are about $26.08 million.Currently, Coinbase's spot sell orders net a surplus of about $7.013 million, accounting for 11.85% of the total depth. This sell order is the most prominent resistance in the near term, and if large buy orders appear, it may exert some pressure on the current price.

According to The Washington Post, based on data from the Federal Election Commission (FEC), the top 50 donors before the 2026 midterm election cycle have collectively contributed approximately $2.39 billion, with about $1.54 billion going to the Republican camp, about $590 million to the Democratic camp, and approximately $259 million to special interest groups.The cryptocurrency industry holds several positions among the major donors. Coinbase ranks 11th with approximately $57.7 million, while Gemini founders Cameron and Tyler Winklevoss have donated a total of about $55.3 million, placing them 12th; Ripple contributed about $49.6 million, and Foris Dax about $38.6 million. Among individual donors, Elon Musk leads with approximately $369 million, with his funds primarily directed towards super PACs and related organizations supporting Republican candidates.

According to Onchain Lens monitoring, BlackRock ETF-related wallets transferred 3,215 BTC to Coinbase Prime in the past 2 hours, worth approximately 262.41 million USD, and 38,882 ETH, worth approximately 93.22 million USD, with a total transfer amount of about 355.63 million USD.

According to the market intelligence platform Liquid247.xyz, the current price of ETH is $2,387.39. The thickest order book is on Coinbase with a buy order of $13.4277 million and a sell order of $10.1938 million, resulting in a buy order exceeding the sell order by $3.234 million.The spot buy orders on Binance are also thicker than the sell orders, but the scale is smaller than that of Coinbase. The perpetual contracts on OKX and Hyperliquid have thicker sell orders. If a large buy or sell order suddenly appears, the exchanges with thinner order books will be affected first, and price fluctuations will be more pronounced.

According to Cointelegraph, Coinbase's European policy director Katie Harries wrote that the proposed cryptocurrency asset regulatory rules by the UK's Financial Conduct Authority (FCA) may require regulated platforms to execute customer orders only on trading venues authorized by the FCA, thereby restricting users' access to decentralized finance (DeFi) protocols through compliant platforms.Since decentralized protocols typically do not have entities that can apply for regulatory authorization, the relevant rules may lead to regulated platforms being unable to provide DeFi access services, effectively creating a ban. The related cryptocurrency regulatory system is expected to be implemented starting October 25, 2027.

According to Bloomberg, the Central Bank of Ireland has fined Coinbase's Irish subsidiary €3.25 million (approximately $3.6 million) due to deficiencies in its outsourcing governance framework and inadequate customer fund protection measures.Regulators pointed out that the company relied too heavily on the U.S. Coinbase Group to execute customer fund protection processes, and design flaws in the system along with insufficient control testing led to a long-term shortfall in the designated customer fund protection accounts.A Coinbase spokesperson stated that the relevant issues mainly occurred during the U.S. banking crisis in 2023, when the company directed customers to deposit funds into other bank accounts of Coinbase to mitigate potential losses from bank failures. However, this practice resulted in the mixing of customer funds with those held by other entities of Coinbase, which did not comply with regulatory requirements.Last year, the Central Bank of Ireland also fined Coinbase Europe €21.5 million for violating anti-money laundering and counter-terrorism financing transaction monitoring obligations (which included a 30% settlement discount).

According to the market intelligence platform Liquid247.xyz, Coinbase's spot BTC has about 64.62 buy orders at the price level of $82,975, with a nominal value of approximately $5.362 million, retracting about 0.38% from the mid-price of about $83,289 at that time. The total buy orders near the front end amount to approximately $26.9975 million, while the sell orders are about $21.0445 million.The net buy orders at this venue are approximately $5.953 million, accounting for 12.39% of the total depth. The buy orders around $82,975 are the most prominent support level at the front end.

Aave announced: The Aave V4 tokenized stock liquidity pool deployed on the Base network has launched USDC deposit incentives. Users who deposit USDC can earn additional rewards on top of the base interest rate.

Coinbase announced on platform X that it has launched perpetual contract trading features for AI agents, calling it "AiFi²".