Bank of England Rejects Farage Influence on CBDC Policy Andrew Bailey pushed back hard against claims that a private meeting with Nigel Farage shaped the Bank of England’s thinking on central bank digital currencies. The governor insisted that policy remains independent, even as crypto and stablecoin rules continue to evolve in the UK. The meeting…
BitMine Stock Slides Despite $73M Ethereum Treasury Purchase BitMine’s stock fell even after the company disclosed a $73 million purchase of Ethereum for its treasury, highlighting a disconnect between crypto treasury moves and near-term equity market sentiment. The announcement signals that BitMine is allocating a substantial amount of capital to ETH as a treasury asset….
Bitcoin Holds $62K as Oil Spike and Fed Caution Collide Bitcoin is holding near $62,000 after a sudden oil-price spike and fresh Middle East tensions triggered a wave of risk-cutting ahead of the Federal Reserve’s next policy call. Traders appear to be trimming leverage and pulling back from aggressive long positions, treating the coming decision…
India Cracks Down as Crypto Traders Dodge Taxes India’s tax authorities just uncovered a glaring gap: fewer than one in four of the 645,000 people who traded crypto last year actually declared those trades on their returns. The finding signals both rising enforcement pressure and a growing disconnect between trading activity and compliance in the…
KALSHI WINS ROUND ONE AS CFTC LOSES CONTROL The D.C. Circuit refused to pause a lower-court order that blocks the CFTC from stopping Kalshi’s election contracts, handing the prediction-market platform an immediate win and forcing regulators to fight with one hand tied behind their back. The ruling matters because it signals that courts may treat…
Bull Bitcoin Challenges France Over Crypto Surveillance Rules Non-custodial Bitcoin exchange Bull Bitcoin has taken France to court, seeking to overturn the country’s decree implementing the EU’s DAC8 tax-reporting rules. The exchange argues the new requirements would force it to collect extensive user data, creating serious surveillance and physical safety risks for millions of European…
Texas Appeals Court Slams Brakes on Envy Blockchain Mandamus Texas’s Eighth Court of Appeals just refused to let Envy Blockchain, NV Landco 1 LLC, and Stephen DeCani shortcut a lower-court fight through mandamus, leaving the company’s crypto-related dispute stuck in ordinary litigation channels. The terse order signals that whatever proprietary or token-linked claims are at…
Citadel Securities invests $400 million in Crypto.com, valuing exchange at $20 billion Citadel Securities has invested $400 million in Crypto.com, a deal that values the crypto exchange at $20 billion. The investment links one of the world’s largest market-making and trading firms with a major retail-focused crypto platform. While the terms beyond the amount and…
Bitcoin Slides Toward $61K as Oil Spikes on Iran Ceasefire Collapse Bitcoin is once again getting dragged into geopolitical chaos. As a fragile US-Iran ceasefire collapsed, oil prices surged toward $75 amid fears of a Hormuz blockade, pushing risk assets lower and sending BTC sliding toward the critical $61,000 level that traders have been watching…
CFTC WINS SEVENTH CIRCUIT RULING IN KRAFT CASE The Seventh Circuit just green-lit the CFTC’s request for a writ of mandamus, clearing a path for the agency to keep its enforcement documents under seal in the long-running Kraft Foods manipulation case. The decision matters because it shields the CFTC’s internal investigative files from Kraft and…
SEC Judges Hand Bilzerian the Keys to His Own Case A federal judge has lifted a 23-year-old injunction that barred Paul Bilzerian from suing the SEC without first asking permission, handing the longtime Wall Street provocateur a procedural victory that could reshape how regulators defend against collateral attacks. The ruling matters because it signals that…
Court Slams SEC in Major Crypto Case The Supreme Court just handed the SEC a stinging defeat in a landmark crypto case, ruling that the agency overstepped its authority by treating most digital assets as securities without proving how they function in actual markets. This decision immediately weakens the SEC’s broad enforcement campaign and hands…
EU Eyes MiCA Overhaul to Match US Stablecoin Push Brussels is preparing to revise its landmark crypto rules after the United States moved first on stablecoins, pushing EU officials to consider what insiders are already calling MiCA 2.0. The goal is to close gaps that now let non-European issuers serve EU users without the same…
Court Slams CFTC Overreach, Crypto Traders Gain Ground The Seventh Circuit just handed the CFTC a clear defeat in its attempt to police a family trust’s private commodity trades. In a ruling that could echo far beyond the facts of this case, the court found the agency exceeded its statutory power when it tried to…
Tokenized Stocks Explode 105% in One Month Trading in tokenized stocks just hit $8.4 billion last month — a 105% surge that caught even veteran crypto traders off guard. What started as a niche experiment is now pulling serious capital from both crypto-native platforms and traditional finance players racing to get exposure. The numbers suggest…
SEC’S FIFTH CIRCUIT DEFEAT SPARKS NEW CRYPTO HOPE The Fifth Circuit just handed the SEC a stinging loss in a high-stakes enforcement case, ruling that the agency overstepped when it tried to classify certain digital assets as unregistered securities. The decision matters because it narrows the agency’s reach, limits enforcement tactics that have chilled trading…
Risk-off wave drags bitcoin below $63,000 as AI selloff spreads from stocks to crypto Bitcoin fell below $63,000 as a broader risk-off move hit markets, with a selloff linked to artificial intelligence themes in equities spilling into crypto. The move underscored how digital assets can trade in tandem with other risk-sensitive markets during periods of…
Bitcoin Slips Back to $60K as Macro Fears Mount Bitcoin has tumbled back toward the $60,000 support level after a sharp wave of selling pressure triggered by surging oil prices, renewed concerns over Japan’s fragile economy, and fresh liquidations from leveraged traders. The move comes just as markets had started to price in a more…
Regal Commodities v Tauber Court Slams Broker in Landmark Crypto Case New York’s Appellate Division just handed down a ruling that could reshape how courts treat crypto brokers and their clients. Regal Commodities sued trader Tauber after a series of disputed digital asset trades went south, and the court decided the case on March 27….
Court Orders CFTC to Justify Kraft Subpoena Blitz The Seventh Circuit has halted the CFTC’s aggressive document grab against Kraft and Mondelēz, ruling that the agency must prove its fishing expedition serves a legitimate regulatory purpose rather than a fishing trip with no end. The decision forces the regulator to slow down and show its…
