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

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 expressed interest in acquiring legendary Italian football club Juventus.

Coinbase schedules dual product unveiling

• The cryptocurrency exchange plans to launch prediction markets and tokenized equities on December 17 according to Bloomberg reporting citing sources familiar with the initiative.
• While Coinbase has previously discussed entering these markets, the company has not formally announced the products ahead of next week’s anticipated showcase.

Solo miner claims $282,000 block reward

• An individual Bitcoin (BTC) miner received 3.13 BTC valued at approximately $282,000 Thursday after successfully mining a block through CK Pool services.
• The accomplishment occurred despite approximately 1-in-30,000 odds according to CK Pool’s administrator.

Tether considers Juventus acquisition

• The stablecoin issuer announced interest in purchasing the famous Italian football club, with CEO Paolo Ardoino citing lifelong personal connection to the team.
• Ardoino 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.

Binance explores Pakistani asset tokenization

• Binance signed a memorandum of understanding to explore tokenizing up to $2 billion in bonds, treasury bills, and commodity reserves in Pakistan.

UAE fuel retailer adopts stablecoin payments

• ADNOC 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.

Poland resubmits cryptocurrency legislation

• The government reintroduced cryptocurrency legislation following President Karol Nawrocki’s veto last week, with Prime Minister Donald Tusk urging approval to address national security concerns.
• Officials cited threats linked to Russia and other former Soviet states as justification for the regulatory framework according to Rzeczpospolita reporting.

YouTube enables PYUSD creator payouts

• The video platform implemented PayPal’s PYUSD stablecoin as a payout option for U.S. content creators according to PayPal crypto head May Zabaneh.
• Zabaneh 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.

Do Kwon receives 15-year sentence

• Terraform Labs founder was sentenced Thursday to 15 years in prison for his role in the $40 billion LUNA and Terra token collapse in 2022.
• The Southern District of New York sentencing exceeded the punishment prosecutors had requested earlier in proceedings according to Inner City Press reporting.

Gemini enters prediction markets

• The Commodity Futures Trading Commission granted a Designated Contract Market license to Gemini Titan.
• This approval allows Gemini Space Station affiliate to compete in the quickly expanding regulated prediction markets sector.

PNC Bank launches Bitcoin trading service

• The financial institution debuted Tuesday a service allowing eligible customers to trade Bitcoin through its banking platform using Coinbase’s infrastructure.

Circle obtains Abu Dhabi regulatory approval

• The stablecoin issuer secured licensing from Abu Dhabi’s financial regulator and hired a regional veteran to lead Middle East and North Africa operations.
• This regulatory achievement is Circle’s most direct expansion into a market positioning itself as a hub for regulated digital finance.

Strategy completes billion-dollar Bitcoin purchase

• The 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.
• Total holdings reached approximately 660,600 Bitcoin.

Robinhood expands into Indonesian markets

• The U.S. trading platform announced Sunday agreements to acquire Indonesian brokerage PT Buana Capital Sekuritas and digital asset trader PT Pedagang Aset Kripto.