A Nevada judge has temporarily barred prediction market Polymarket from offering event contracts in the state, pushing back against claims that only the CFTC can police those markets. A Nevada state judge has temporarily forced onchain prediction market Polymarket to halt business in the state, with a ruling that challenges the industry’s argument that federal commodities law preempts state gambling rules. In a Thursday order seen by Cointelegraph, the court granted the Nevada Gaming Control Board a 14‑day temporary restraining order (TRO) against Polymarket operator Blockratize. The order bans Polymarket from offering event‑based contracts to Nevada residents while the case develops. A preliminary injunction hearing is scheduled for Feb. 11. The order leans on Nevada gambling statutes, finding at this early stage that Polymarket’s sports and other event markets constitute unlicensed wagering rather than regulated financial products. Read more
XTB investment platform ended 2025 with record operating income of EUR506.7 million, up 16.4% on the year, and attracted 864,286 new clients, 73.4% more than 498,438 attracted in 2024.
Bitcoin price correlation with PMI sparked disagreement among analysts after the latter spiked above 50 for the first time since 2022. Bitcoin (BTC) may be set to gain from new macro tailwinds as US macro data sets up a “reflation” trade. Key points: US ISM PMI data for January breaks nearly three years of contraction. Read more
Jeffrey Epstein may have made a $3.2 million investment in Coinbase in 2014 and sold some of it for $15 million in 2018, according to the latest batch of released emails. Newly released US Justice Department emails suggest Jeffrey Epstein, the late financier and convicted sex offender, gained exposure to early cryptocurrency venture investments through intermediaries, including a reported stake in Coinbase. Epstein may have invested $3.25 million into cryptocurrency exchange Coinbase back in 2014, according to files released by the US Department of Justice (DOJ). The emails suggest an entity linked to Epstein acquired 195,910 Series C shares for a total of $3.25 million when Coinbase was valued at $400 million. Read more