Kalshi triggers billion-dollar clash with US gaming industry
Kalshi has fueled a billion-dollar dispute over sports betting regulation as trading activity on its platforms continues to surge. Summary Gaming and tribal groups urged the Senate to block sports-related prediction contracts through the CLARITY Act. The American Gaming Association…
Trump nears Iran deal but crypto market ignores the news
The crypto market has remained under pressure even as reports have indicated that a U.S.-Iran agreement is moving closer to completion, with the total crypto market capitalization falling nearly 2% to $2.21 trillion. Summary Trump said a U.S.-Iran agreement could…
ASTER jumps 20% after Aster ties nearly all platform fees to token buybacks
ASTER has surged more than 20% after Aster unveiled a new tokenomics framework that commits almost all platform fee revenue to daily token buybacks and large-scale supply reductions. Summary ASTER surged over 20% after Aster committed 99% of platform fees…
BTC Price Drops as New Fed Chair Kevin Warsh Holds Rates Steady
The decision was highly anticipated but there are still some fears about potential hikes by the end of the year. The first FOMC meeting with the new Federal Reserve Chair, Kevin Warsh, at the helm of the central bank…
Michael Saylor blasts Illinois crypto tax as “Big Mistake”
Illinois has approved a new 0.2% tax on crypto transactions that state officials estimate could generate up to $60 million annually, prompting public criticism from Strategy co-founder Michael Saylor and several industry groups. Summary Michael Saylor called Illinois’ new 0.2%…
SpaceX SEC Filing: 18,712 BTC Still on Balance Sheet Post-IPO
SpaceX filed a Form 8-K with the US Securities and Exchange Commission (SEC) on June 15, 2026, days after closing one of the largest US IPOs in recent memory, and the document confirms what the earlier S-1 registration statement had…
Bitcoin in Danger: Here’s Why BTC May Dump in the Short Term
The primary cryptocurrency has staged a clear rebound from its multi-year low below $60,000 and is currently hovering around $65,000. However, a number of analysts believe the cycle bottom has yet to be reached, projecting a plunge under $50,000. Red…
SEC nears tokenized stock exemption as Coinbase eyes U.S. launch
The U.S. Securities and Exchange Commission has moved closer to allowing tokenized stock trading as industry participants expect a new regulatory exemption that could support upcoming offerings from crypto firms, including Coinbase. Summary SEC is reportedly preparing an innovation exemption…
Strategy’s STRC Nears Record Low as Bitcoin Buying Draws Fire
The Saylor-led Strategy perpetual preferred stock STRC dropped 3.58% to $91.79 on Tuesday, hitting near-record lows and sitting 8.2% below its $100 par value, and the reason matters beyond one bad session. The decline signals a direct collision between Michael…
Japan moves to cut crypto tax to 20%: why it matters
The world’s third-largest economy is reclassifying crypto as a financial instrument and charting a path to slash punishing tax rates. The change reaches far beyond Japan, and most of the coverage is getting the details wrong. Summary Japan has taken…
