Odaily’s Star Daily noon briefing compiled eight updates spanning crypto company disclosures, US crypto derivatives services, NBA-linked prediction markets, individual trading activity, technology-sector pricing competition, and a trading mechanism used by the Korea Exchange. The items together formed a compact midday roundup rather than a single-company announcement.
Bitcoin Sale Explanation and US Perpetuals Approval
The briefing cited Strategy’s CEO as saying that selling Bitcoin was intended to test market reactions and internal processes. The statement connected the Bitcoin sale to feedback from the market and to the company’s internal execution workflow, while the item itself did not expand the point into a broader new holding plan.
Coinbase’s CEO said Coinbase has received approval to launch global crypto perpetual contract services in the United States. Perpetual contracts are a category of crypto derivatives. The briefing’s key information was that approval had been obtained and that the service would be launched in the US; it did not include a launch time, listed products, or additional operating details.
NBA Prediction Markets, Fraud Case and Market Mechanism
On prediction markets, the New York Knicks completed a 29-point comeback. During the game, Polymarket at one point assigned a 95% probability to the San Antonio Spurs winning. A separate sports prediction-market update came from predict.fun, where the probability of “the Spurs winning the 2026 NBA championship” plunged to 11%, down 26% over 24 hours. The two items referred respectively to a single-game outcome market and a longer-term championship market.
Among individual and company-related items, Caixin reported that a wealthy Chinese woman from the crypto sector was defrauded of more than 60 million yuan in the United States. Formula News founder Vida opened a $200,000 short position in SPCX at an average price of $162.46. The briefing also cited The Wall Street Journal as saying OpenAI is considering major price cuts in response to intensified competition with Anthropic, while the Korea Exchange activated the SIDECAR mechanism and suspended programmatic buying of the Korean KOSDAQ index.