Felix
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A quick look at Coinbase's latest financial report: Crypto investments drag down performance, resulting in a net loss of $667 million in Q4.
Coinbase's stock price fell following the release of its earnings report. Although investment spending impacted full-year profits, the crypto asset portfolio suffered a loss of $718 million, strategic investments lost $395 million, while stablecoin revenue remained strong.PA Daily News | Tether aims for $15 billion in profits by 2025; Spot gold surpasses $5,300, breaking through four key levels this week.
The Hong Kong Securities and Futures Commission signed a memorandum of understanding with the UAE to strengthen cross-border digital asset cooperation; Tether launched a new stablecoin, USA₮, for the US market; He Yi: Binance will reward users with $1 billion to $2 billion through activities in 2025.PA日报2 authors
Predicting markets is not a "truth machine": A detailed explanation of seven structural inefficiencies.
Prediction markets reflect collective judgments through prices, but they face deep-seated inefficiencies such as a lack of "dumb money," arbitrage opportunities, bot manipulation, and false information, which limit their accuracy and reliability.
