Hunter Biden to Airdrop LAPTOP Meme Coin to TRUMP’s Biggest Losers Hunter Biden is set to airdrop a meme coin called LAPTOP to people described as the biggest losers of the TRUMP token. The information provided does not include details about the airdrop’s eligibility criteria, timing, distribution method or the size of the allocation. The…
CFTC WINS NINTH CIRCUIT RULING ON OFFSHORE BITCOIN PLATFORM The Ninth Circuit has ruled that a California-based Bitcoin exchange operator remains subject to U.S. futures-trading law even though his servers and customers were scattered worldwide. The decision hands the Commodity Futures Trading Commission its first clear appellate victory in the digital-asset space and signals that…
COURT STRIPS CRYPTO FROM TAX DODGERS—AND THE SEC WATCHES A federal judge just ordered the IRS to seize twenty-four cryptocurrency accounts tied to unpaid taxes, handing the government a fast, low-friction way to collect without touching a single exchange. The ruling matters because it shows how easily digital wallets can be clawed back once the…
Bitcoin Starts the Week Flat, But Chainlink Is Flying—Here’s Why Bitcoin began the week with muted price action as broader risk markets softened, but Chainlink’s LINK token moved in the opposite direction, posting the strongest gain among the 10 largest cryptocurrencies by market capitalization. LINK climbed to $13.64 on Monday, its highest level since January…
Court Slams Brakes on SEC’s Binance Overreach The U.S. District Court for the District of Columbia just threw a wrench into the SEC’s aggressive pursuit of Binance, ruling that the agency can’t simply label every token on the exchange as a security without proving it. The decision signals a critical check on the Commission’s sweeping…
Morning Minute: The Trenches Just Had Their Biggest Week Since TRUMP Crypto’s “trenches” recorded their biggest week since TRUMP, according to the headline, signaling a notable increase in activity across the market’s more speculative corners. The available information does not provide further details on the assets, trading volumes, or events behind the move. As a…
Court Rejects “Blockchain Defense,” Forces Tech Founders to Face Jury Delaware’s Superior Court has refused to throw out a lawsuit against Diamond Fortress Technologies and its founder Charles Hatcher, ruling that the company’s blockchain-based identity system does not shield them from ordinary contract and fraud claims. The decision keeps the case alive and sends a…
Grayscale Beats SEC, Forcing Bitcoin ETF Review The D.C. Circuit just handed Grayscale its first real win against the SEC, ruling that the agency’s rejection of the firm’s spot Bitcoin ETF was “arbitrary and capricious.” The three-judge panel said the Commission failed to explain why a futures-based Bitcoin ETF is fine but a spot version…
**Court Slaps Donelson With CFTC Authority Win** The Seventh Circuit just handed the Commodity Futures Trading Commission a clear victory over trader James A. Donelson, ruling that his digital asset activities fall squarely under CFTC jurisdiction and that his trading contracts qualify as regulated commodities. The decision tightens the regulatory net around crypto trading strategies…
Bitcoin ETFs Add $3.8 Billion Over Three Weeks as IBIT and FBTC Lead Bitcoin exchange-traded funds added $3.8 billion over a three-week period, with BlackRock’s IBIT and Fidelity’s FBTC leading the gains. The inflows highlight continued investor demand for regulated investment products that provide exposure to bitcoin without requiring investors to hold the asset directly….
COURT SLAMS BRAKES ON COINBASE’S SEC SHOWDOWN The Third Circuit just refused Coinbase’s request to fast-track its fight against the SEC, leaving the crypto giant in regulatory limbo. The court’s one-sentence order effectively tells Coinbase to wait its turn, preserving the SEC’s slow-motion enforcement strategy and deepening the uncertainty that has already chilled token markets…
Stablecoins could save South Korean merchants up to $3.8 billion a year, budget office says Stablecoins could help South Korean merchants reduce their payment costs by as much as $3.8 billion a year, according to the country’s budget office. The estimate highlights the potential impact of using digital tokens designed to maintain a stable value…
Iran eases currency controls to let traders bring earnings home in crypto: FT Iran is relaxing parts of its domestic foreign-exchange regime and expanding the role of cryptocurrencies such as Bitcoin and Tether’s USDT in trade settlement to keep money and goods moving under U.S. sanctions and a naval blockade, according to a Financial Times…
Bitcoin rally has more room as volatility shorts unwind, Two Prime CEO says Bitcoin’s rally may have further room to run as traders unwind short positions tied to volatility, according to the CEO of digital-asset investment firm Two Prime. The view points to changing positioning in the derivatives market as a factor that could support…
Circle agrees to buy cross-border payments firm Tazapay for $400 million Circle has agreed to acquire cross-border payments company Tazapay for $400 million, bringing the two firms together in a deal focused on international payment services. The transaction would expand Circle’s presence in cross-border payments through Tazapay’s existing business. The companies did not provide further…
Live updates: Bitcoin slips below $78,500 as stocks close lower Bitcoin fell below the $78,500 level as broader risk markets weakened, following a session in which major US equity indexes finished lower. The move came as US stock futures dipped in pre-market trading after the S&P 500 and Nasdaq Composite closed below their 50-day moving…
Polish Court Detains Fifth Suspect in Zondacrypto Exchange Probe A Polish court has ordered the detention of a fifth suspect in an expanding criminal investigation tied to cryptocurrency exchange Zondacrypto, according to local and industry reports. Prosecutors have charged Roman Ż. with two alleged offenses: participation in an organized criminal group and the misappropriation of…
Kalshi Survives — CFTC Loses Bid to Block Election Contracts The D.C. Circuit just refused the CFTC’s emergency request to freeze Kalshi’s election contracts, keeping the exchange open for traders betting on congressional control. The ruling keeps Kalshi’s markets live while the agency’s broader appeal moves forward, a clear win for the prediction-market operator and…
Court Slaps Down Crypto Mining Firm’s Attempt to Dodge State Court Texas’ Eighth Court of Appeals just slammed the door on Envy Blockchain, NV Landco 1, and Stephen Decani, refusing their emergency petition to yank a contract dispute out of state district court and into arbitration. The ruling keeps the case firmly in El Paso…
Court Slaps CFTC, Bars Commodity-Style Fishing Trip CFTC’s demand for 14 years of Kraft’s internal documents was declared overbroad and unenforceable by the Seventh Circuit, curbing the agency’s power to snoop through trader records without a clear link to a specific violation. The ruling signals that regulators can’t treat commodity desks like open books, and…
