Today’s Insider ⬇️
🤝 Project Acquisition: Coinbase to acquire prediction markets startup The Clearing Company
🏦 Crypto Holding: Hong Kong to allow insurers to hold crypto under new capital rules
📈 Crypto Trading: JPMorgan explores crypto trading for institutional clients: Report
Market Update
Market | Value | Day P&L | YTD |
Bitcoin | $89,371 | +1.55% | -6.65% |
Ethereum | $3,030 | +1.95% | -8.45% |
Solana | $126 | +1.84% | -30.58% |
XRP | $1.93 | +1.34% | -13.95% |
S&P 500 | $6,875 | +0.60% | +17.16% |
Gold | $4,4,35 | +2.19% | +66.19% |
1. Coinbase Acquires The Clearing Company to Expand Prediction Markets
Project acquisition: Coinbase has agreed to acquire prediction markets startup The Clearing Company to scale its event-based trading offerings, aligning with its “everything exchange” strategy and expanding beyond traditional spot trading.
🔎 Insider Insight: The acquisition strengthens Coinbase’s push into high-engagement prediction markets, leveraging The Clearing Company’s expertise to capture a growing segment of onchain financial activity. This move highlights Coinbase’s broader strategy to diversify products and drive user engagement.
Top Crypto Insider Pick of 2025
BlockchainFXIs Transforming Global Trading Through DeFi Innovation
BlockchainFX (BFX) is transforming global trading by merging traditional financial markets with decentralized technology. The platform provides seamless access to multiple asset classes, including cryptocurrencies, stocks, forex, and commodities, all within a single, unified ecosystem.
Meanwhile, with transparency and security at its core, BlockchainFX delivers faster transactions, lower fees, and improved accessibility. Its user-friendly interface and all-in-one design have earned it several innovation awards, making it a trusted solution for both institutional and retail investors.
By combining advanced technology with simplicity, BlockchainFX is redefining the trading experience for both experienced and beginner traders. As demand for secure and versatile trading platforms grows, BlockchainFX continues to gain recognition and interest from a global audience.
💡 Pro Tip: Having raised over $12 million in presale funding, BlockchainFX is proving its strong market appeal. At a presale price of $0.031, compared to the $0.05 launch price, $BFX offers an attractive entry point for early investors. With its focus on accessibility, innovation, and value, BlockchainFX positions itself as a compelling solution in the trading world, ensuring it’s more than just another token; it’s a practical tool for modern traders.
2. Hong Kong Proposes New Rules Allowing Insurers to Invest in Crypto and Stablecoins
Crypto holding: Hong Kong’s insurance regulator is proposing new rules allowing insurers to invest in cryptocurrencies and infrastructure projects, with a 100% risk charge on crypto assets and differentiated treatment for stablecoins.
🔎 Insider Insight: This move reflects Hong Kong’s ambition to solidify its position as a digital finance hub while striking a balance between innovation and risk management. By allowing insurers to participate in the crypto market, the city aligns itself with global regulatory trends supporting institutional adoption of digital assets.
Which is the biggest event of 2025?
3. JPMorgan Explores Crypto Trading Services for Institutional Clients
Crypto trading: JPMorgan Chase is exploring cryptocurrency trading services for institutional clients, potentially offering spot and derivatives products as it expands its digital asset offerings in response to client demand.
🔎 Insider Insight: JPMorgan’s potential entry into crypto trading reflects growing institutional interest and a shift in traditional finance toward digital assets. This move signals increasing acceptance of cryptocurrencies despite the bank’s prior skepticism, aligning with regulatory changes and client needs.
That’s all for today’s insight. Stay informed, and we’ll see you in tomorrow’s edition.
Till next time,
3Insiders Team
