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12 July 2026
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Senator Lummis Warns US Risks Losing Crypto Leadership to China Without Key Legislation
Crypto & Fintech

Senator Lummis Warns US Risks Losing Crypto Leadership to China Without Key Legislation

Senator Cynthia Lummis cautions that if the Digital Asset Market Clarity Act does not pass soon, China and other countries could dominate the next financial era in cryptocurrency.

Bitcoin’s Volatility Approaches Gold’s, Sparking Institutional Interest Amid ETF Outflows
Markets & Macro

Bitcoin’s Volatility Approaches Gold’s, Sparking Institutional Interest Amid ETF Outflows

Bitcoin’s price swings have steadied, drawing closer to gold’s volatility levels, while both assets face significant ETF withdrawals amid shifting macroeconomic outlooks.

Trump Administration to Challenge Ruling Mandating Broad Tariff Refunds
Trade & Tariffs

Trump Administration to Challenge Ruling Mandating Broad Tariff Refunds

The Trump Administration plans to appeal a court order requiring refunds to businesses over illegal tariffs, arguing only litigants should receive compensation.

Trump demands removal of his name from Kennedy Center after judge’s ties to Biden surface
Markets & Macro

Trump demands removal of his name from Kennedy Center after judge’s ties to Biden surface

Former President Trump criticized a federal judge who ordered his name removed from the Kennedy Center, citing the judge’s wife’s legal ties to President Biden as a conflict of interest.

Bitmine Boosts Ethereum Holdings by 25,000 ETH Amid Institutional Confidence
Crypto & Fintech

Bitmine Boosts Ethereum Holdings by 25,000 ETH Amid Institutional Confidence

Bitmine acquired 25,000 ETH worth over $50 million, signaling strong institutional faith in Ethereum despite price softness and balanced exchange flows.

Trump Administration to Appeal Order Expanding Tariff Refunds to All Importers
Trade & Tariffs

Trump Administration to Appeal Order Expanding Tariff Refunds to All Importers

The Trump administration plans to challenge a federal court ruling that allows all importers who paid invalidated tariffs to claim refunds, potentially delaying billions in repayments.

Nakamoto Inc. Faces Steep Losses as Bitcoin Holdings Drop Over 35%
Markets & Macro

Nakamoto Inc. Faces Steep Losses as Bitcoin Holdings Drop Over 35%

Nakamoto Inc. has become the worst-performing Bitcoin treasury after suffering significant losses amid the prolonged market downturn, with Bitcoin down sharply from its 2025 peak.

SEC Charges Texas Man in $12 Million Crypto Fraud Involving Fake AI Trading Bots
Crypto & Fintech

SEC Charges Texas Man in $12 Million Crypto Fraud Involving Fake AI Trading Bots

The SEC accuses a Texas man of defrauding investors out of $12.3 million by falsely promising guaranteed AI-based crypto trading profits, with much of the money used for personal expenses and Ponzi payouts.

Expert Questions Durability of Trump’s Broad Tax Immunity Agreement with Justice Department
Trade & Tariffs

Expert Questions Durability of Trump’s Broad Tax Immunity Agreement with Justice Department

A recent deal granting Donald Trump and his businesses expansive tax protections faces scrutiny from experts who warn it may not hold once he leaves office.

US Treasury Confirms Seizure of Over $1 Billion in Iranian Cryptocurrency Assets
Defense & Security

US Treasury Confirms Seizure of Over $1 Billion in Iranian Cryptocurrency Assets

The US government has confiscated more than $1 billion in crypto linked to Iran as part of an operation targeting illegal funding amid ongoing tensions.