Odaily星球日报讯 Coinbase 表示，特朗普签署的《大而美法案》将限制用亏损抵扣盈利，这可能让一些纳税人即便总体亏损也面临征税。公司认为，预测市场因其合约性质可能成为税务处理更灵活的替代选择。Coinbase 已与 Kalshi 合作推广预测市场，同时针对密歇根州、伊利诺伊州和康涅狄格州提起诉讼，主张由联邦 CFTC 统一监管。

<p>Odaily星球日报讯 Coinbase 表示，特朗普签署的《大而美法案》将限制用亏损抵扣盈利，这可能让一些纳税人即便总体亏损也面临征税。公司认为，预测市场因其合约性质可能成为税务处理更灵活的替代选择。Coinbase 已与 Kalshi 合作推广预测市场，同时针对密歇根州、伊利诺伊州和康涅狄格州提起诉讼，主张由联邦 CFTC 统一监管。</p>

Coinbase：《大而美法案》或加速推动预测市场采用

Odaily Odaily that Coinbase stated that the Bigger & Beautiful Act signed by Trump will restrict the deduction of profits from losses, potentially subjecting some taxpayers to taxes even if they are generally unprofitable. The company believes that prediction markets, due to their contractual nature, may offer a more flexible alternative for tax treatment. Coinbase has partnered with Kalshi to promote prediction markets and has filed lawsuits in Michigan, Illinois, and Connecticut, advocating for unified regulation by the federal CFTC.

<p>Odaily Odaily that Coinbase stated that the Bigger &amp; Beautiful Act signed by Trump will restrict the deduction of profits from losses, potentially subjecting some taxpayers to taxes even if they are generally unprofitable. The company believes that prediction markets, due to their contractual nature, may offer a more flexible alternative for tax treatment. Coinbase has partnered with Kalshi to promote prediction markets and has filed lawsuits in Michigan, Illinois, and Connecticut, advocating for unified regulation by the federal CFTC.</p>

Coinbase: The Big and Beautiful Act may accelerate the adoption of prediction markets

In the crypto world, what truly determines victory is never code, but the interplay between liquidity, power, and regulation. The rise and fall of BUSD is not merely a tragic tale of a stablecoin, but a financial war waged by exchanges attempting to "unify the world."

When BUSD was thrust onto the historical stage, it carried not only a compliance narrative, but also Binance's ambition to reshape the stablecoin order through coercive measures—by manipulating exchange rates and merging trading pairs, directly swallowing competitors' liquidity into its own ledger.

The "automatic conversion" of 2022 was a textbook example of a blitzkrieg; and 2023...

The Rise and Fall of Binance's Dominance: From BUSD's "Unification" to $U's "Conquering the World"—The Stablecoin Wars

Source: Galaxy Research; Translation: Jinse Finance xz
Bitcoin's closing price in 2025 is expected to be roughly the same as the level at the beginning of the year.
The cryptocurrency market experienced a genuine bullish wave in the first ten months of this year. Regulatory reforms continued to advance, ETFs continued to attract funds, and on-chain activity became increasingly active. Bitcoin hit an all-time high of $126,080 on October 6th.
However, the market failed to deliver the expected breakthrough after the initial frenzy; instead, it experienced rotation, repricing, and rebalancing. This was driven by factors such as unmet macroeconomic expectations, a shift in investment narratives, leveraged margin calls, and massive...

Galaxy: 26 Predictions for the Crypto Market in 2026

If you persevere and find your strengths, you will be rewarded.
Article author: 0xJeff
Article source: TechFlow TechFlow
2025 was filled with unprecedented turmoil and change. We welcomed a US president who was reportedly a supporter of cryptocurrencies and artificial intelligence. However, instead of the expected bull market, 2025 became a year of "massacre" for the entire industry.
Most Altcoin experienced a crash of 80%-99% in 2025.
Bitcoin's market capitalization share has returned to 2019-2020 levels (over 6...).