Coinbase, Kalshi and Payward backs CFTC in lawsuit over single-stock perp futures
51Importance
updatingStatus
2News media
- Published
- Updated
Key claims & sources
Summary in preparation.
Market reaction i
Total crypto marketall crypto assets combined
no single asset in the event: read against the whole market
The total crypto market rose 0.3% in the 4 hours after the first headline, after falling 0.4% in the 2 hours before.
$2.5T
market cap at the headline
-0.4%
2 h before
+0.3%
4 h after
+0.3%
1 h after (so far)
First headline
26 prices, one every 30 minutes · The move was larger before the first headline than after: an observation, not an explanation. The market also moves on things nobody publishes.
Coverage timeline
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
first
The Block
scoop
Nov 10 06:19
Breaks the event
+1 h 16 m
crypto.news
echo
Nov 10 07:35
No new facts: trading, whether, federal
Has this happened before?
| When | What happened | Figure |
|---|---|---|
| 7 days ago | Cboe-Backed Group Sues CFTC Over Single-Stock Perps Approvals event | 2 actors in common · 9 news media |
| 32 days ago | Coinbase Appeals Connecticut Ruling Over Sports-Event Contracts event | 2 actors in common · 2 news media |
| 6 days ago | Coinbase, Kalshi Denied Shield From State Prediction-Market Enforcement event | 1 actors in common · 2 news media |
| 8 days ago | New Jersey drops staking lawsuit against Coinbase, clearing path for users to resume event | 1 actors in common · 9 news media |
| 12 days ago | Utah Brings Criminal Charges Against Kalshi and Its Co-Founders event | 1 actors in common · 9 news media |