Australia’s Prime Minister Albanese states that online gambling promotions will only be allowed for logged-in users who are over 18 and can opt out of ads.
ANALYST DOUBLE DOWNGRADES COINBASE TO SELL
Monness, Crespi, Hardt downgraded Coinbase from Buy to Sell, citing prolonged crypto market weakness. The firm cut revenue, EBITDA, and EPS forecasts, now expecting softness through 2026 and 2027.
While long-term bullish on Coinbase’s role in stablecoins and asset tokenization, the analyst sees near-term headwinds and believes better entry points lie ahead—despite the stock already falling about 50% since late 2025.
TRUMP DIRECTS FANNIE MAE AND FREDDIE MAC TO BUY $200 BILLION IN MORTGAGE BONDS TO LOWER MORTGAGE RATES AND MAKE HOMEOWNERSHIP MORE AFFORDABLE. || THE MOVE COMES ALONGSIDE A BAN ON INSTITUTIONAL INVESTORS BUYING SINGLE-FAMILY HOMES, AIMING TO EASE HOUSING COSTS AHEAD OF THE MIDTERM ELECTIONS.