Detroit joins Michigan's legal fight against Coinbase over prediction markets

Detroit's legal team is preparing to back Michigan regulators in their dispute with Coinbase over prediction markets. The city plans to file an amicus brief by April 3, supporting the state's position that such markets break gambling laws. Meanwhile, DeepSnitch AI's token presale is nearing its deadline, offering investors a final chance at discounted entry before its public launch. The clash between Coinbase and Michigan centres on whether prediction markets fall under state gambling rules or federal oversight. Coinbase insists the Commodity Futures Trading Commission (CFTC) should regulate these markets, not individual states. Detroit's lawyers have not detailed their legal arguments but aim to reinforce Michigan's stance with their brief.

Separately, DeepSnitch AI is wrapping up its presale on March 31 at 11 am UTC. A $5,000 investment at the current price of $0.04669 per token yields roughly 107,089 DSNT tokens. Buyers using the promo code **DSNTVIP50** also receive an extra 50% bonus. The tool promises real-time on-chain data and flags risky smart contracts for retail investors. Analysts have also weighed in on other cryptocurrencies. THETA could peak at $0.587 by December 2026. Golem's forecast suggests a high of $0.137 by December 2027, with an average price of $0.0983 in 2028.

Detroit's brief could influence how prediction markets are regulated in Michigan, with Coinbase pushing for federal control. For investors, DeepSnitch AI's presale offers a limited-time discount before its public launch. Those waiting until after the deadline will miss the fixed lower price and bonus tokens.