A federal judge has temporarily blocked Minnesota's ban on prediction markets like Polymarket and Kalshi, pausing the state's enforcement push while a legal fight over who can regulate event contracts plays out in court.
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Q2 crypto fundamentals kept advancing even as prices struggled, with Bitcoin falling 18. 4% during the quarter and US spot Bitcoin ETFs bleeding billions in net outflows, yet network health and institutional payment infrastructure continued to strengthen beneath a deteriorating market surface.
ARK Invest has added more BitMine shares to its portfolio, extending Cathie Wood's firm's exposure to one of the crypto-linked equities it has been accumulating. The purchase, disclosed through ARK's daily trade notifications, marks the latest step in the asset manager's steady buying of BitMine stock.
Three of the largest digital asset trade groups, the Blockchain Association, the Crypto Council for Innovation and the Digital Chamber, are urging the Senate to take up the CLARITY Act, pressing lawmakers to advance the crypto market structure bill.
The Korea Exchange briefly halted program selling on July 7 after the KOSPI plunged more than 5%, an intervention that underscored the severity of the sell-off gripping South Korea's benchmark index.
The report centers on the possibility that Celsius founders could be barred permanently from participating in crypto-related business, an enforcement outcome that would extend well beyond any monetary penalty. The framing describes the exposure as falling on the founders of the collapsed lending platform.
The London Stock Exchange intends to launch an overnight trading venue, with reporting pointing to a target of 2027 for the new service, according to the Financial Times . For related coverage, see Grayscale Plans Quarterly Cash Distributions for ETHE and GSOL .
President Donald Trump has agreed to ethics language as part of a broader crypto bill, according to reports, a reported concession that could reshape negotiations over the wider crypto legislation moving through Congress.
The plan centers on returning cash to holders on a quarterly cadence rather than as a one-time event, according to reporting on Grayscale's Ethereum and Solana staking products . The arrangement is framed as a plan, meaning the distributions are proposed rather than already paid.
The FBI has arrested a man accused of hiding crypto-stealing malware in Steam video games, a scheme that allegedly used the popular PC gaming platform to drain victims' crypto wallets.