Bitcoin holders are cashing out, just not the way they did at prior market tops Bitcoin holders are taking profits, but the pattern of selling looks different from what has typically marked major market peaks in the past. The shift suggests that while some investors are moving to lock in gains, the market is not…
COURT GREEN-LIGHTS KALSHI ELECTION BETS—AND RATTLES CFTC A federal appeals court just refused to pause a lower-court order that lets Kalshi offer election contracts, handing the prediction market a win and leaving the CFTC on the back foot. The ruling keeps live contracts that bet on U.S. House control in place for now, signaling that…
Court Slams Texas Blockchain Firm With Mandamus Loss The Eighth Court of Appeals in El Paso just denied mandamus relief to Envy Blockchain, NV Landco 1, and their CEO Stephen Decani, refusing to force a lower court to vacate an order that keeps their crypto mining operation under legal pressure. The ruling signals that Texas…
CFTC WINS RIGHT TO RAID KRAFT’S PRIVATE RECORDS The Seventh Circuit just handed the CFTC a blunt instrument: broad, real-time access to internal corporate documents without first proving a violation. Kraft and Mondelēz tried to slam the door on an agency fishing expedition, but the judges ruled the regulator can keep its subpoenas wide and…
SEC Slaps Bilzerian With 35-Year Old Gag Order — Again A federal judge in Washington just reminded Paul Bilzerian that a 2001 injunction banning him from filing new lawsuits without court permission is still very much alive. The ruling keeps the convicted stock manipulator and his family from launching litigation that could indirectly pressure the…
Court Limits SEC Power Over Crypto Trading Platforms Supreme Court draws line on agency reach. The nation’s highest court just handed crypto exchanges a partial shield against SEC enforcement, ruling that not every digital asset platform automatically falls under federal securities law. The decision arrives as the Commission pushes dozens of high-profile cases, and it…
Solana Foundation Hires Binance’s Former Global CMO for Institutional Push The Solana Foundation has added two senior executives from elsewhere in the crypto industry, signaling a renewed focus on expanding its reach with larger partners and institutional users. Rachel Conlan, previously Binance’s global chief marketing officer, has joined the Solana Foundation as chief strategy officer….
**CFTC Wins Big in Conway Appeal — Authority Over Futures Firms Cemented** The Seventh Circuit just handed the CFTC a clean win in a decade-long fight over who gets to police futures brokers when customers lose money. The ruling slams the door on the Conway Family Trust’s attempt to overturn a CFTC reparations award, reaffirming…
SEC HITS LEGAL WALL IN FIFTH CIRCUIT OVER BITCONNECT Federal appeals court just told the SEC it cannot use old securities laws to punish BitConnect promoters without proving buyers actually relied on misleading statements. The ruling guts the agency’s shortcut strategy and hands crypto defendants a powerful new defense weapon. The case stems from the…
Regal Commodities v Tauber: Court Hands Crypto Firm Big Win Over NY Regulator New York’s Appellate Division just handed Regal Commodities a major victory in its fight against the state’s top banking regulator, reversing a lower-court ruling that would have forced the company to register as a money transmitter. The decision reins in New York’s…
Grayscale’s Zcash ETF Hits $1 Billion but Most of It Isn’t New Money Grayscale’s Zcash exchange-traded fund has reached $1 billion in assets, marking a significant milestone for the product. However, most of that total does not represent newly invested capital. The distinction matters because an ETF’s assets under management can increase for reasons other…
CFTC WINS RIGHT TO KEEP KRAFT PROBE SECRETS The Seventh Circuit just handed the Commodity Futures Trading Commission a win on secrecy, blocking Kraft from seeing the internal documents behind the agency’s wheat-futures investigation. The ruling matters because it keeps the CFTC’s enforcement playbook under wraps while crypto markets wait to learn whether the same…
Court Orders Consolidation of Three Crypto-Related Lawsuits Three separate lawsuits targeting the same crypto platform will now be heard by a single judge in Chicago after a federal panel consolidated the cases on Tuesday. The move signals that courts are taking a harder look at how digital asset platforms handle customer funds and disclosures, potentially…
SEC Suffers Major Setback in Crypto Crackdown The Fifth Circuit just handed the SEC a stinging defeat, ruling that the agency can’t unilaterally treat crypto platforms as unregistered exchanges without proving their tokens are securities. The decision slams the brakes on the SEC’s aggressive enforcement campaign and signals that courts won’t rubber-stamp Washington’s view of…
Bitcoin Dips, But Its Forks Are Flying Again Bitcoin moved lower while several of its forked networks posted gains, creating a notable divergence across assets that share parts of Bitcoin’s underlying history and technology. The contrast highlights how market performance can vary even among closely related cryptocurrencies. Bitcoin forks are separate networks created from changes…
CFTC Wins Ninth Circuit Remand on Monex Fraud Claims The Ninth Circuit just handed the Commodity Futures Trading Commission a partial victory that could reshape how leveraged crypto and precious-metals dealers are policed. By reversing a lower-court dismissal, the panel ruled that the CFTC can pursue fraud claims against Monex even when customers technically “own”…
Court Slams CFTC, Hands Crypto Trader Major Win Trevor Kitchen just beat the CFTC in federal appeals court, and the decision could redraw the line between futures oversight and crypto trading. The D.C. Circuit ruled that the agency overstepped its authority when it sanctioned Kitchen for allegedly manipulating crypto-linked contracts. The ruling signals that federal…
Decrypt Media and FOMO Hour’s Farokh Sarmad Set for Main Stage Appearance at NEXTPredict NY Conference Decrypt Media and FOMO Hour thought leader Farokh Sarmad is scheduled to take the Main Stage at the NEXTPredict NY Conference, adding a high-profile crypto media and community voice to the event’s featured programming. The appearance comes alongside a…
OpenAI Gives Ukraine Access to Daybreak AI Cyber-Defense Tool OpenAI has given Ukraine access to Daybreak, an artificial intelligence tool designed to support cyber defense, according to the information provided. The move connects AI technology with Ukraine’s ongoing cybersecurity needs. However, no further details were provided about the scope of access, the tool’s capabilities, or…
CFTC Lands Ninth Circuit Win — Crypto Traders Now on Notice The Ninth Circuit just handed the Commodity Futures Trading Commission a decisive victory, ruling that James Devlin Crombie must face civil penalties for running an illegal futures-trading platform. The decision tightens the regulatory net around anyone who offers leveraged crypto contracts to U.S. customers,…
