Minnesota loses first round against Kalshi, Polymarket
Minnesota’s prediction market ban remained blocked on Aug. 2, one day after the law was scheduled to take effect. Summary July 27 injunction keeps Kalshi and Polymarket operating while Minnesota’s preemption case continues in court. Walz barred state employees from…
Is a Drop Below $1 Inevitable as Sellers Stay in Control?
Ripple’s XRP remains under steady selling pressure as the latest rebound attempts continue to lose momentum. The recent price action suggests sellers are maintaining control, while buyers are once again being forced to defend a critical support area. Ripple Price…
Trump Media transfers 2,628 BTC as holdings shrink
Trump Media-linked wallets transferred 2,628 Bitcoin, valued at about $165 million, to Crypto.com on Aug. 2, according to on-chain analysts Lookonchain. Summary 2,628 BTC moved to Crypto.com, but no company filing has confirmed an outright sale yet. Trump Media reported…
Ethereum Just Had Its Best Month in a Year: Can ETH Keep Rallying in August?
The summer is not the most exciting period in the cryptocurrency markets, and the past month or so proved it. Nevertheless, Ethereum managed to become one of the few (re)rising stars, surging by roughly 20% and reaching a local peak….
Crypto PAC spending tops $2M in Michigan House race
A crypto industry-aligned political action committee has pushed its spending above $2 million in Michigan’s 13th Congressional District, according to final-week Federal Election Commission disclosures. Summary Protect Progress spending surpassed $2 million backing Thanedar and opposing McKinney before Tuesday’s primary…
Ark Invest Rotates $43.5M Into Coinbase and Circle as Bullish and Bitmine Exit
Ark Invest trimmed positions in Bitmine Immersion Technologies, Bullish, and Block while simultaneously deploying roughly $43.5M into Coinbase and Circle shares, a rotation that looks far more like portfolio rebalancing than a retreat from crypto equities, according to the firm’s daily…
RLUSD Expansion, AI, and Institutional Adoption
Here’s a quick recap on everything that transpired in the broader Ripple ecosystem last month. July was a very eventful month for the company behind XRP, and we will explore some of the major developments, such as growing the…
Minnesota crypto ATM ban starts after $1M losses
Minnesota’s statewide crypto ATM ban took effect on Aug. 1, 2026, stopping operators from offering virtual currency kiosks after residents reported nearly $1 million in related scam losses. Summary 134 complaints produced nearly $1 million in reported Minnesota crypto kiosk…
The $4 billion Iran sanctions evasion network through crypto
The United States has sanctioned Iranian exchanges, frozen nearly $1 billion in cryptocurrency, and traced $3.84 billion in Iran-linked flows through a single offshore exchange, exposing the scale of sanctions evasion through digital assets. Summary The US Treasury has sanctioned…
South Korea crypto trading volume plunges nearly 55% in H1
Trading volume across South Korea’s five major won-based crypto exchanges fell 54.6% year over year in the first half of 2026 as liquidity became increasingly concentrated on market leader Upbit. Summary Five major exchanges recorded $366.58 billion in first-half trading…
