State efforts to shut down prediction markets as unlicensed casinos could shape the future of decentralized event contracts and on-chain political betting. For Web3 builders, the Polymarket and Kalshi fight is becoming a referendum on whether prediction markets survive as a legitimate DeFi primitive.
Source: baltimoresun.com · presstelegram.com
A $240 million social-engineering bitcoin heist has reached a plea-agreement hearing just as FBI crypto-fraud complaints jump nearly 50% in 2025. For crypto operators and users, the case underscores that the industry's biggest exploit surface is trust, not code.
Bitcoin rebounded above $77,000 after months under $60,000, aided by Treasury debt buybacks and a renewed legislative push from President Trump, who reported $1.2 billion in crypto income last year. The rally marks a decisive break from the regulatory gloom of early 2026.
Source: manilatimes.net · wsls.com
Bitcoin broke out of its mid-year slump as a Treasury bond buyback weakened the dollar and President Trump pressured Congress on crypto legislation. The rebound from below $60,000 to more than $77,000 puts BTC back in a macro-driven uptrend.
Source: ABC News · Associated Press
Cardano's 16.55% surge on Aug. 21 followed its inclusion in T. Rowe Price's Active Crypto ETF, which launched in July. Combined with Bitcoin-led momentum and President Trump's White House crypto summit support, ADA snapped out of a long slumber.
Source: The Motley Fool · Eric Volkman (us)
Bitcoin finally broke its tight range, rallying 3.48% to $71,505 and clearing $70,000 for the first time since June after a short-covering wave tied to a Treasury bond stabilization and Trump's Clarity Act pressure. Even so, BTC remains roughly 43% below its record high, leaving traders divided on whether this is a durable trend reversal or a policy-driven squeeze.
Bitcoin's 8% surge to $69,500 triggered a record $2.7 billion liquidation of bearish bets — the largest since 2021. The forced unwind, driven by short-covering, sets up a critical technical test at the $75,000 resistance zone.
Source: moneycontrol.com · straitstimes.com
HYPE jumped 20% to around $70 after President Trump said the CFTC was working on a compliant US path for Hyperliquid. Trading volume hit $1.4 billion amid a possible DeFi perps regulatory breakthrough, though no formal plan exists yet.
Source: us.headtopics.com · Cointelegraph
The crypto industry is one step closer to its most comprehensive U.S. regulatory framework. The Clarity Act’s advance to a September vote could finally define digital assets’ legal status, unleashing innovation and institutional adoption across Bitcoin and beyond.
Source: hongkongherald.com · philippinetimes.com
A $238M quarterly loss driven by crypto market declines forces Trump Media to de-emphasize digital assets and return to its social media roots. With $1.9B in financial assets including crypto, the episode is a cautionary tale for corporate treasuries.
Source: bbc.co.uk · Osmond Chia (gb)
Trump’s $180M mining workforce grants and $2B in critical mineral investments may indirectly benefit Bitcoin mining by strengthening domestic production of rare earths and advanced materials used in ASIC rigs and power electronics.
The U.S. Senate’s overwhelming approval of sanctions on buyers of Russian oil introduces 100% tariffs that may push countries like China and India toward crypto-based trade settlements to bypass dollar rails. This echoes past sanctions evasion patterns and could supercharge demand for decentralized payment networks.
President Trump canceled the June 24 signing of the 21st Century ROAD to Housing Act, a bill with an 85-5 Senate vote, over a voter ID dispute. The legislation includes a temporary ban on Federal Reserve digital currency issuance—a critical provision for the crypto industry. The delay creates uncertainty for both housing policy and the near-term trajectory of a U.S. CBDC.
Source: khvhradio.iheart.com · 1450wkip.iheart.com
The Federal Reserve held interest rates steady at 3.5%-3.75% in Chair Kevin Warsh’s first meeting, removing immediate tightening pressure that had weighed on crypto. With nine of 18 officials still projecting a 2026 hike, the market breathes a sigh of relief but stays alert. Bitcoin and altcoins may see extended rallies if economic data cooperates.
Source: moneycontrol.com · forbes.com
Nansen data shows 66% of $TRUMP token buyers lost money, with aggregate losses reaching $3.81 billion by mid-2026. Meanwhile, Donald Trump's financial disclosures reveal he earned $636 million from the venture, thanks to an 80% supply ownership and transaction fees. The token's 97% crash highlights the extractive nature of celebrity memecoins.
Source: yahoo.com
Crypto investors face a likely rate hold at July's FOMC meeting after Fed Chair Warsh pledged unwavering inflation-fighting resolve in his first testimony. Higher-for-longer rates challenge Bitcoin's hedge narrative and may keep risk appetite subdued across digital assets.
Source: wqcs.org · waer.org
Nikhil Kamath, holding $0 in crypto, confronts Coinbase CEO Brian Armstrong on the podcast People by WTF, arguing that the once-revolutionary movement has become the establishment. Armstrong defends the shift toward regulation and stablecoins, but the debate exposes deep philosophical rifts.
Source: sanantoniopost.com · newyorkstatesman.com
While the U.S. Mint’s physical Trump coin faces legal headwinds, the unrelated TRUMP meme token trades at $0.000073, down 12% today. The publicity around the official coin could reignite speculative interest, but regulatory confusion over likeness rights may cast a shadow on presidential-themed crypto assets.
Source: wlrn.org · kjzz.org
Retail investors in President Trump's official memecoin suffered catastrophic losses totaling $3.8 billion, while a small group of early buyers netted $4 billion, according to Nansen. The token has lost 98% of its value, spotlighting the asymmetric risks of politically branded crypto assets.
Source: americanbazaaronline.com · samaa.tv
Nansen data shows that 988,905 $TRUMP token holders have lost a total of $3.81 billion as the meme coin’s value collapsed. President Trump pocketed $636 million in trading fees, while two-thirds of wallets are underwater. The on-chain record lays out a stark caution for political meme coins.
Source: brisbanetimes.com.au