Crypto lobby group Digital Chamber sues Illinois to block digital asset tax
Illinois enacted a 0.2% tax on all crypto transactions last month, with the tax taking effect next year.
Bitcoin’s Spot Market Remains Sluggish, but Derivatives Tell a Different Story
Speculative activity in the Bitcoin market is showing signs of recovery even as spot market participation remains subdued, according to Glassnode’s latest findings. The analytics firm said spot trading activity continues to lack conviction, as Spot Volume fell below the lower statistical band of $4.5 billion, which was indicative of persistently weak liquidity and muted…
Senator Lummis says with CLARITY “your crypto stays yours” – but bankruptcy shields have limits
When Celsius collapsed, its Earn customers learned that the crypto in their accounts belonged to the bankruptcy estate, not to them. Sen. Cynthia Lummis cast the CLARITY Act as a fix on July 20, boiling its promise down to four words. “Your crypto stays yours.” Cynthia Lummis Member, U.S. Senator for Wyoming • U.S. Senate…
Crypto Clarity Act still at mercy of ethics section as Democrats balk at Trump deal
The White House has circulated some details of the conflict-of-interest limits the president agreed to with Republican negotiators, but talks are still underway.
BitMine gets 98% of revenue from staking as a decade-long contract complicates an early exit
BitMine generated $45.743 million from staking and validation in the three months ended May 31, 2026, equal to 98.3% of its $46.535 million in total revenue, according to a Form 10-Q filed July 14. MAVAN, the company’s Ethereum validator network, therefore produced nearly all revenue reported for the quarter. BitMine held 5,416,945 ETH valued at…
Shiba Inu (SHIB) Team Faces Backlash Over Controversial Social Media Campaign: Details
The team behind the popular meme coin tried to settle an interesting competition, but instead became the subject of criticism from its community. SHIB’s price has finally rebounded, while several bullish factors suggest a much more substantial rally could be on the horizon. The SHIB Army Demands Action Inspired by Spain’s victory in the FIFA…
Bitcoin rally faces key test at $68,000 as ‘summer slumber’ grips crypto, analysts say
BTC has rebounded 15% from the July lows, but some analysts cautioned that the next move hinges on clearing a level where many recent buyers may look to sell.
Winklevoss twins gave Trump’s super PAC $10 million 23 days after CFTC joined Gemini relief bid
Newly filed federal election records show Cameron and Tyler Winklevoss gave $10.018 million in Bitcoin to MAGA Inc., the super PAC aligned with President Donald Trump, on June 19, 2026. The gifts came 23 days after the Commodity Futures Trading Commission announced that it had joined the brothers’ crypto exchange, Gemini, in seeking relief from…
380 investors face Bitcoin mining losses after alleged $22M US scheme put just 13% into mining
A US-based crypto mining venture raised about $22 million from more than 380 investors, then spent just 13 cents of every dollar on its purported mining operation, the SEC alleges. The regulator filed partially settled charges on July 20 against Zan Shaikh and Bright Vision Distribution LLC, doing business as Mining Automatic. According to the…
Cardano’s NIGHT Hits All-Time Low After 290M Token Dump
NIGHT, the token behind Cardano’s privacy-focused Midnight network, plunged more than 43% earlier today to hit an all-time low of $0.01524. Speculation then mounted that the Midnight blockchain may have been hacked, causing the steep selloff, but according to The Midnight Foundation, the price drop came after roughly 2% of NIGHT’s supply was moved out…