The crypto market recorded its third straight quarter of negative returns in Q2 2026, marking its longest losing streak since 2022, according to a market review published by Bitwise. Summary Crypto recorded its longest quarterly losing streak since 2022 after the Bitwise index fell 15.4%. Spot Bitcoin ETFs faced record quarterly outflows as digital assets…
North Carolina has become the first U.S. state to explicitly recognize the CFTC’s authority over prediction markets while setting a 6% state tax on their trading fee revenue. Summary North Carolina has recognized the CFTC’s authority over prediction markets while approving a 6% tax on platform trading fee revenue. The new law allows federally registered…
UK Labour MPs have proposed making a temporary ban on cryptocurrency donations to political parties permanent after Nigel Farage resigned amid investigations into multimillion-pound gifts linked to crypto industry figures. Summary UK Labour MPs have proposed making the temporary ban on cryptocurrency donations to political parties permanent after Nigel Farage’s resignation. The proposal comes as…
Bitdeer Technologies has unveiled a $36 million manufacturing facility in Nevada, bringing production of its SEALMINER Bitcoin mining machines to the United States. Summary Bitdeer will invest $36 million in a Nevada factory to produce SEALMINER Bitcoin mining machines. The new Sparks facility is expected to begin commercial production by the end of 2026. Bitdeer…
Paul Grewal has announced that he will step down as Coinbase’s chief legal officer on July 31, handing over leadership of the exchange’s legal team just days before the US Senate is expected to resume work on the CLARITY Act. Summary Paul Grewal will leave his role as Coinbase chief legal officer on July 31…
Bitcoin has climbed back above $63,000, gaining about 2% over the past 24 hours, as lower oil prices and softer U.S. bond yields have improved sentiment toward risk assets despite the crypto market remaining in extreme fear. Summary Bitcoin has climbed above $63,000 as easing oil prices and lower Treasury yields lifted risk appetite. The…
AscendEX says withdrawals will be handled manually, with no guarantees on processing times or payment amounts. AscendEX said it stopped operating on July 1 after the MiCA transition period ended. Following its exit, ZachXBT warned the public about the platform’s liquidity, alleging that it wouldn’t be able to process customer withdrawals. ZachXBT Raises Fresh…
XRP price has climbed about 1.6% after SWIFT announced a blockchain payments pilot involving 17 banks, including several with Ripple ties. Summary XRP gained around 1.6% after SWIFT launched a blockchain payments pilot involving Ripple-linked banks. Spot XRP ETFs recorded $7.29 million in outflows, the largest daily withdrawal since March 2026. Technical indicators and derivatives…
The BNB crypto Chain has published its H2 2026 technical roadmap targeting 1 million TPS (transactions per second) and sub-150-millisecond finality, positioning itself as the infrastructure backbone for an emerging AI agent economy. The announcement lands as the BNB crypto price sits near 2024 lows, creating a sharp disconnect between on-chain momentum and market performance…
Kalshi has intensified its push into regulated perpetual futures by seeking approval to launch gold, foreign exchange, and energy contracts as competition with Robinhood expands beyond crypto. Summary Kalshi is seeking approval to launch gold, forex, and energy perpetual futures. The move pits Kalshi against Robinhood as both expand regulated derivatives offerings. Google will ban…
