Market retraced most of its gains during U.S. trading hours. As of now, $BTC is trading at $88,547 and $ETH at $3,007, with Bitcoin dominance at 59.57%.
Coinbase agreed to acquire The Clearing Company to deepen its push into prediction markets, with the startup’s team joining to help scale event-based trading after the deal closes in January. The move reinforces Coinbase’s “everything exchange” strategy as prediction markets tied to real-world events see rapid growth and higher user engagement.
A few other headlines include: Ethereum treasury company EthZilla selling $74.5M worth of ETH to pay down convertible debt, JPMorgan exploring crypto trading for institutional clients, and BitMine Immersion adding nearly 99,000 ETH over the past week.
During the last 24 hours, the top three gainers were $FTN, $H, and $CRV, while the top three losers were $PIPPIN, $CC, and $AAVE.
