Coinbase sets surprise product launch, solo Bitcoin miner beats 30,000-to-1 odds, Tether eyes Juventus purchase | Weekly Recap

cryptonews12-14 19:45

In this week’s edition of the weekly recap, Coinbase prepares to introduce prediction markets and tokenized equities, a solo Bitcoin miner achieved another improbable block reward, and Tether’s CEO ...

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another improbable block reward, and Tether’s CEO expressed interest in acquiring legendary Italian football club Juventus.\n\n\nSummary\n\n\n\nCoinbase plans to unveil prediction markets and tokenized equities on December 17.\nA solo Bitcoin miner beat 1-in-30,000 odds to earn a $282,000 block reward.\nTether CEO Paolo Ardoino signaled interest in acquiring Italian football club Juventus.\n\n\n\nCoinbase schedules dual product unveiling\n\nThe cryptocurrency exchange plans to launch prediction markets and tokenized equities on December 17 according to Bloomberg reporting citing sources familiar with the initiative.\nWhile Coinbase has previously discussed entering these markets, the company has not formally announced the products ahead of next week’s anticipated showcase.\n\nSolo miner claims $282,000 block reward\n\nAn individual Bitcoin (BTC) miner received 3.13 BTC valued at approximately $282,000 Thursday after successfully mining a block through CK Pool services.\nThe accomplishment occurred despite approximately 1-in-30,000 odds according to CK Pool’s administrator.\n\nTether considers Juventus acquisition\n\nThe stablecoin issuer announced interest in purchasing the famous Italian football club, with CEO Paolo Ardoino citing lifelong personal connection to the team.\nArdoino stated in official comments that “Juventus has always been part of my life” and credited the club with teaching him “commitment, resilience, and responsibility” through their handling of success and adversity.\n\nBinance explores Pakistani asset tokenization\n\nBinance signed a memorandum of understanding to explore tokenizing up to $2 billion in bonds, treasury bills, and commodity reserves in Pakistan.\n\nUAE fuel retailer adopts stablecoin payments\n\nADNOC Distribution, the Emirates’ largest fuel and convenience retailer, will begin accepting AE Coin stablecoin across nearly 980 service stations in the United Arab Emirates, Saudi Arabia, and Egypt.\n\nPoland resubmits cryptocurrency legislation\n\nThe government reintroduced cryptocurrency legislation following President Karol Nawrocki’s veto last week, with Prime Minister Donald Tusk urging approval to address national security concerns.\nOfficials cited threats linked to Russia and other former Soviet states as justification for the regulatory framework according to Rzeczpospolita reporting.\n\n\n\n\n\n\n                You might also like:\n            \n\n                Crypto VC Funding: Real Finance and LI.FI each secure $29m, TenX bags $22m            \n\nYouTube enables PYUSD creator payouts\n\nThe video platform implemented PayPal’s PYUSD stablecoin as a payout option for U.S. content creators according to PayPal crypto head May Zabaneh.\nZabaneh explained that “YouTube doesn’t have to touch crypto” due to PayPal’s infrastructure handling complexity, with the option introduced in Q3 2025 for American recipients only.\n\nDo Kwon receives 15-year sentence\n\nTerraform Labs founder was sentenced Thursday to 15 years in prison for his role in the $40 billion LUNA and Terra token collapse in 2022.\nThe Southern District of New York sentencing exceeded the punishment prosecutors had requested earlier in proceedings according to Inner City Press reporting.\n\nGemini enters prediction markets\n\nThe Commodity Futures Trading Commission granted a Designated Contract Market license to Gemini Titan.\nThis approval allows Gemini Space Station affiliate to compete in the quickly expanding regulated prediction markets sector.\n\n\n\n\n\n\n                You might also like:\n            \n\n                Crypto crash today: why are Bitcoin and top altcoins tanking?            \n\nPNC Bank launches Bitcoin trading service\n\nThe financial institution debuted Tuesday a service allowing eligible customers to trade Bitcoin through its banking platform using Coinbase’s infrastructure.\n\nCircle obtains Abu Dhabi regulatory approval\n\nThe stablecoin issuer secured licensing from Abu Dhabi’s financial regulator and hired a regional veteran to lead Middle East and North Africa operations.\nThis regulatory achievement is Circle’s most direct expansion into a market positioning itself as a hub for regulated digital finance.\n\nStrategy completes billion-dollar Bitcoin purchase\n\nThe treasury company revealed Monday its largest Bitcoin acquisition in over 100 days, spending $963 million on 10,624 BTC primarily funded through common stock issuance.\nTotal holdings reached approximately 660,600 Bitcoin.\n\nRobinhood expands into Indonesian markets\n\nThe U.S. trading platform announced Sunday agreements to acquire Indonesian brokerage PT Buana Capital Sekuritas and digital asset trader PT Pedagang Aset Kripto.\n\n\n\n\n\n\n                You might also like:\n            \n\n                NFT sales plunge 15% to $64.9m, Solana sales jump 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