$134M in Bitcoin Longs Vaporized as BTC Breaks Below $63K Ahead of Fed Showdown

Bitcoin experienced a sharp sell-off on Tuesday, briefly dropping to an intraday low of $62,684 before partially recovering to trade around $63,600. Bitcoin Pulls Back Ahead of Pivotal Macro Week A day after near-flat price action, bitcoin tumbled Tuesday, briefly slipping below $63,000 as it braced for the summer’s most event-heavy week. Market data show … Read more

Minnesota Judge Blocks Prediction-Market Ban but Says Some Contracts Aren’t Swaps

U.S. District Judge Katherine Menendez blocked Minnesota from enforcing the first state felony ban on prediction markets days before its Aug. 1 start. The ruling gives Kalshi and Polymarket US broad temporary protection, even as the judge found that entertainment and other contracts may fall outside federal swap regulation. A broad injunction built on a … Read more

Emirates Launches Crypto.com Pay for Flight Bookings as Dubai Advances Cashless Strategy

Emirates has launched Crypto.com Pay on its website and mobile app, giving eligible UAE residents a new way to pay for flights priced and settled in Emirati dirhams. The rollout allows customers with a Crypto.com account to select the payment service during checkout on emirates.com or through the Emirates App. Transactions are processed through Crypto.com’s … Read more

Over 60 Crypto Firms and Projects Fold in 2026 as Bankruptcies, Bear Market and Hacks Rip Industry Apart

More than 60 cryptocurrency companies, blockchains, and decentralized finance (DeFi) protocols shut down or filed for bankruptcy between January and July 2026, a pace that accelerated sharply in the final weeks of July. The past several months have exposed the part of the crypto industry that rarely gets attention during bull markets. Since bitcoin retreated … Read more

Morgan Stanley Launches Ether and Solana ETPs With Staking and Market-low Fees

Morgan Stanley has launched exchange-traded products tracking ether and solana, expanding a digital asset lineup that began with bitcoin. Their 0.14% fees and staking plans raise the competitive pressure on established crypto fund managers. Morgan Stanley Combines 0.14% Fees and Staking to Challenge Crypto Fund Leaders Morgan Stanley is bringing its distribution power to the … Read more

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