Chainlink price gains 3% as Consensus opens

Chainlink price rose 3% on May 4, its biggest single-day gain in two weeks, as Consensus 2026 opened. Summary LINK climbed alongside Bitcoin’s return above $80,000, with the broader risk-on session lifting infrastructure tokens across the board on May 4. Chainlink’s CCIP cross-chain protocol averaged $90 million in weekly token transfers in recent months, providing…

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Coinbase Warns Against State-by-State Prediction Markets Chaos, Backs CFTC Oversight

Coinbase argued that Rule 40.11 is being applied as a blanket ban when the actual statute requires two separate determinations. Coinbase recently filed a formal comment letter with the Commodity Futures Trading Commission (CFTC), arguing that prediction markets are derivatives that fall under federal jurisdiction and should stay there. The company warned that letting…

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