Tagged: us

July 21, 2026 @ 5:08 pm By Omar Faridi  |  

A Washington court has temporarily blocked Kalshi from offering sports-related contracts to users in the state. The decision, handed down on July 21, 2026, by King County Superior Court Judge John McHale, concludes that the platform’s sports event products likely constitute unlicensed gambling under Washington… Read More

July 20, 2026 @ 6:04 pm By Omar Faridi  |  

Crypto derivatives markets are flashing a clear short-term bullish signal for Bitcoin, as large players execute sizable bull call spread strategies targeting a move up to around $72,000 by the end of the month. This positioning coincides precisely with the US Federal Reserve’s upcoming policy… Read More

July 18, 2026 @ 11:30 am By Omar Faridi  |  

Gate US has formed a key partnership with SoFi (NASDAQ: SOFI), a nationally chartered banking institution. This collaboration positions SoFi as a vital infrastructure partner, enhancing Gate US’s capabilities to deliver secure, efficient, and regulation-compliant financial services to US based users. The partnership underscores Gate US’s… Read More

July 15, 2026 @ 9:43 pm By Omar Faridi  |  

Mizuho Securities has revised its view on Circle Internet Group  (NYSE:CRCL), the company behind the widely used USDC stablecoin, signaling heightened risks in the digital asset space. The firm lowered its recommendation to underperform from neutral while trimming the target price to $50, down from… Read More

July 15, 2026 @ 9:22 am By Omar Faridi  |  

TeraWulf Inc. (NASDAQ: WULF), a company transitioning from Bitcoin mining toward artificial intelligence and high-performance computing infrastructure, saw its stock drop sharply on Tuesday after New York Governor Kathy Hochul announced a temporary statewide moratorium on new hyperscale data centers. Shares declined approximately 7% to… Read More

July 14, 2026 @ 8:22 am By Omar Faridi  |  

Blockchain analytics firm Chainalysis announced that its Reactor platform has become the first and only tool of its kind to satisfy the strict Daubert standard for expert testimony in a US federal court. The ruling came in the high-profile prosecution of Roman Sterlingov, who was… Read More

July 12, 2026 @ 6:50 am By Omar Faridi  |  

A new analysis from Equifax (NYSE: EFX) underscores mounting financial strain on US households, particularly those in the middle-income bracket. The company’s latest Market Pulse Index, which draws on anonymized credit, debt, income, and asset information combined with credit scoring insights, fell to 60.9 in… Read More

July 11, 2026 @ 9:48 pm By Omar Faridi  |  

Recent reports have highlighted how leading American artificial intelligence companies, including OpenAI and Google, have provided sophisticated AI technologies to overseas arms of major Chinese enterprises flagged by the U.S. Department of Defense. This development underscores ongoing challenges in Washington’s strategy to curb technological advancements… Read More

July 10, 2026 @ 12:32 pm By Omar Faridi  |  

Predictions markets platform Polymarket has taken formal steps to introduce margin trading under US regulatory oversight. This development could enable participants to engage in event-based contracts with reduced upfront capital requirements, potentially drawing in a broader range of institutional and experienced traders seeking more flexible… Read More

July 10, 2026 @ 8:47 am By Omar Faridi  |  

Coinbase (NASDAQ:COIN) announced a significant leadership transition in its legal department as Chief Legal Officer and Secretary Paul Grewal prepares to leave his executive role at the end of July 2026. Grewal, who joined the cryptocurrency exchange in 2020, has been instrumental in navigating the… Read More

July 8, 2026 @ 3:31 pm By Omar Faridi  |  

A federal judge in Manhattan has denied prediction market operator Kalshi’s effort to stop New York from enforcing its gambling laws against the platform’s sports-related offerings. The July 7, 2026 ruling by US District Judge Analisa Torres clears the way for state regulators to proceed… Read More

July 7, 2026 @ 12:46 pm By Omar Faridi  |  

President Donald Trump recently voiced strong support for cryptocurrency during a press event. When asked about the possibility of incorporating Bitcoin into the newly launched Trump Accounts program, he described himself as having become “a big crypto guy” and indicated that “something could happen” in… Read More

July 7, 2026 @ 10:36 am By Omar Faridi  |  

Klarna (NYSE:KLAR), the global digital bank and payments provider, announced on July 6, 2026, that it has formally applied for approval to establish its own banking subsidiary in the United States. The company submitted applications to the Utah Department of Financial Institutions and the Federal Deposit… Read More

July 7, 2026 @ 8:31 am By Omar Faridi  |  

The process of establishing a strategic Bitcoin reserve in the United States continues to move forward through coordinated efforts across government branches, yet it has not reached full formalization or operational completion. This reflects a deliberate, step-by-step approach to incorporating digital assets into broader national… Read More

July 6, 2026 @ 9:27 am By Omar Faridi  |  

CME Group, the world’s derivatives marketplace, announced on June 30 that it will introduce single stock futures on July 27, 2026, subject to final regulatory approvals. The new contracts will give traders and investors a streamlined way to gain precise, capital-efficient exposure to individual US… Read More

July 2, 2026 @ 12:38 am By Omar Faridi  |  

The London Stock Exchange has internally modeled a severe contingency scenario in which up to 200 companies could potentially shift aspects of their listings or primary trading activity from the United Kingdom to the United States. This planning exercise underscores deepening worries about the attractiveness… Read More

July 1, 2026 @ 1:53 am By Omar Faridi  |  

South Korea’s memory chip producer SK Hynix has formally submitted a registration statement with the US Securities and Exchange Commission (SEC) to list American Depositary Shares on the Nasdaq Global Select Market. The move marks a major push by the company to broaden its investor… Read More

June 29, 2026 @ 4:35 pm By Omar Faridi  |  

Galaxy Research, part of Galaxy Digital (Nasdaq: GLXY), has lowered its estimate for the CLARITY Act becoming law in 2026 to a coin-flip 50 percent probability. The revision, detailed in the firm’s latest weekly research note, marks a drop from the 60 percent odds assigned… Read More

June 29, 2026 @ 11:41 am By Omar Faridi  |  

The Consumer Financial Protection Bureau (CFPB) is developing a revised open banking proposal that would allow consumers to share their bank and credit card data with fintech companies at no initial cost, while permitting banks to charge those companies for access once a certain volume of… Read More

June 28, 2026 @ 9:49 am By Omar Faridi  |  

As speculation continues over the direction of mortgage rates, a new analysis from TransUnion (NYSE: TRU) offers localized insights into how even small adjustments could expand or contract the pool of potential homebuyers across different metropolitan areas. The research report examines the effects of a… Read More