Key Takeaways Rep. Bryan Steil’s bill would bar House members and families from political bets on Kalshi and Polymarket. Violators face a penalty of at least $2,000 or 10% of the trade, plus forfeiture of net profits. Speaker Johnson and Trump back the measure, which echoes a Senate rule passed earlier in 2026. A New…
A stress test that showed both strengths and weaknesses When large sums leave a financial system quickly, hidden weaknesses often become visible. In traditional finance, such situations often lead to emergency lending programs, withdrawal limits or government-backed bailouts. Decentralized finance (DeFi) works differently. Aave is one of crypto’s biggest lending platforms. In April 2026, users…
Bitcoin is trading around $64,000, nursing a modest 24-hour decline as macro conditions tighten, and has historically punished price prediction hard. The catalyst is familiar, but the intensity is fresh: Kevin Warsh, the chair of the Federal Reserve, has rattled markets with a hawkish posture. To make things even worse, the U.S. Dollar Index has…
Bitdeer’s latest operating update has revealed a concrete insight into the recent Bitcoin miner-AI pivot: the company produced far more Bitcoin but ended the month with far fewer coins than it held a year earlier. The company reported 921 BTC mined in May 2026, up 370% year over year, while BTC held at month-end stood…
In brief The co-director of the Ethereum Foundation is leaving the organization. The departure continues a trend of turnover at the Ethereum-focused organization. Earlier this year, Ethereum co-founder Vitalik Buterin signaled that the Foundation would become leaner and more focused. Hsiao-Wei Wang, a co-director at the Ethereum Foundation, is stepping away from her post effective…
The Bank of Japan raised its benchmark interest rate to 1% on June 16, the highest level the country has seen since September 1995 and the furthest point yet in a normalization campaign that has slowly dismantled three decades of near-free money. Going into the decision, the track record pointed one way: every one of…
In brief Midjourney announced Midjourney Medical, a new division focused on full-body imaging. The company said its proposed “Ultrasonic CT” system could ultimately generate MRI-like scans in about 60 seconds using soundwaves, water, and AI. Midjourney plans to open its first imaging-equipped spa in San Francisco in 2027 and eventually deploy tens of thousands of…
Stocks have been on a tear this year. We’re still a couple of weeks away from the halfway mark, and already the Dow is up 7.4%, the S&P 500 is up 9.6%, and the tech-heavy Nasdaq is up 14.1%. Additionally, the small-cap Russell 2000 is up 20.1%, and the mid-cap S&P 400 is up 14.7%.The…
Bitcoin (BTC) is once again approaching its yearly low near $59,000 after a failed recovery attempt left bulls unable to reclaim key resistance levels. BTC traders are now anticipating new lows for 2026 as the price drifts back toward a major support zone. However, exchange inflows from mid-sized investors across Binance and Coinbase recently dropped…
There is a word choice in this XRP price predicts that tells you everything about how Google Gemini AI is thinking, instantly. Permanently codifying XRP as a digital commodity would instantly lift the compliance barriers holding back massive sovereign and pension fund allocations. Not gradually, not eventually, instantly. Gemini is treating the CLARITY Act not…
