The federal derivatives regulator, which oversees trading at Kalshi, argued it was inappropriate for Michigan to “bully” the firm into reversing trades.
Certain Democrats are taking an increasingly rigorous stand against the crypto market structure bill, which needs a significant number from their party to pass.
Shunyet Jan, Binance’s head of spot trading and derivatives, said the exchange is focusing more on payments and financial services than on trading alone as it drives the next phase of its expansion.
Trump reinstated the Hormuz blockade, sending oil higher and rate-hike bets up, reversing the peace trade that helped bitcoin recover in early July. Today’s inflation print is the next test.
Coins from the Farace and BTC-e seizures moved through fresh wallets before landing on the exchange, despite president Donald Trump’s previous no-sell reserve order.
Solo Bitcoin mining has surged, with 24 blocks found in the past 12 months, a 41% increase year over year.
Major cryptocurrencies have dropped by 2% or more in 24 hours as traders boosted bets of a July Fed rate hike.
Binance.US is betting ultra-low fees, new regulated products and deeper liquidity will help it regain customers after two years of regulatory setbacks.
Structural change can create lasting opportunities, but explosive rallies in semiconductors, metals and bitcoin show how quickly strong narratives can become speculative excess.
Your look at what’s coming in the week starting July 13.
The liquidations were minor, running at about a sixth of what the market saw at its worst over the past 30 days, per CoinGlass.
Gold, oil, stocks and bonds all moved sharply on the fourth round of U.S. strikes on Iran, but bitcoin is little-changed.