Kalshi has sued Minnesota to block the state’s prediction market ban set to take effect on August 1. Summary Kalshi filed a federal lawsuit against Minnesota over its new prediction market ban law. The company argues the Commodity Exchange Act gives the CFTC exclusive jurisdiction over event contracts. Minnesota’s law would make operating a prediction…
The Digital Chamber is leading a coalition of crypto firms pressing the Senate to pass the CLARITY Act. Summary The Digital Chamber is leading more than 100 crypto firms urging Senate passage of the CLARITY Act. The coalition wants action before the Senate’s summer recess to lock in regulatory clarity. The Senate Banking Committee already…
UniCredit director Elena Carletti has warned Europe may struggle to contain a crypto bank crisis under MiCA rules. Summary UniCredit’s Elena Carletti warned Europe lacks tools to backstop crypto-linked deposits the way US regulators did after SVB. MiCA pushes stablecoin issuers closer to banks but EU deposit insurance is capped at €100,000. Carletti cited Circle’s…
Bitcoin has slipped out of the world’s top 10 assets by market capitalization, with its value down to about $1.09 trillion as U.S. tech giants in the “Magnificent Seven” power higher. Summary CoinDesk says bitcoin’s market cap has fallen to $1.09 trillion, knocking it out of the global top‑10 asset ranking. Gold, silver and every…
In crypto news today, the market is crashing during this mid-morning European trading session on May 28, 2026, with the Bitcoin price falling -3.5% overnight, dropping to around $73,200, with fears that a loss of $70,000 is next. ETH USD is in worse shape, having lost the key $2,000 support level after a -4.8% crash…
Groq is raising up to $650 million from existing investors to fund a new “Groq2” entity, just months after inking a $20 billion licensing and asset deal with Nvidia that effectively rewired the AI chipmaker’s future. Summary Groq seeks up to $650m to build AI “neoclouds” after Nvidia tie-up. Nvidia’s $20b Groq agreement leaves cloud…
Bitcoin ETF News: BlackRock’s iShares Bitcoin Trust has accumulated roughly $56 billion in cumulative inflows since its January 2024 launch, making it one of the fastest-growing ETF products in financial history, and the default entry point for a new generation of Bitcoin investors who have never touched a crypto exchange. Spot Bitcoin ETF funds collectively…
Prediction market Myriad has launched a World Cup contest with a $100,000 prize pool ahead of the 2026 tournament Summary Myriad opened a trading contest tied to the 2026 World Cup, with $100,000 split between top traders and makers. The platform launched with over 75 multi-binary markets covering every match in the tournament. President Farokh…
The SEC has pulled back on releasing an ‘innovation exemption’ framework that would have given regulated crypto platforms a legal pathway to list tokenized versions of stocks like Apple and Tesla, a draft that was reportedly days away from publication before regulators reversed course to review industry feedback. The pause doesn’t mean tokenized stocks are…
Bitcoin continues to trade under pressure after losing the critical $75K-$76K support zone, while broader market sentiment remains cautious amid weakening ETF inflows and deteriorating technical structure. However, BTC is now approaching an important confluence of technical supports around $70K-$72K, where both trendline support and the 100-day MA could provide temporary relief for the market….
