Crypto News
Fed Holds Rates Steady as Three Members Demand Hike Amid Inflation Concerns
The Federal Reserve held interest rates steady on July 29, but a rare three-person dissent demanding a rate hike exposed growing internal divisions over persistent inflation concerns, sending equities lower and rattling the crypto market. Chair Kevin Warsh’s hawkish tone during his press conference triggered an immediate selloff in traditional markets, though Bitcoin and crypto...
CFTC Proposes Conflict-of-Interest Rules for Vertically Integrated Markets
The CFTC unveiled sweeping new rules on July 30, 2026, designed to prevent conflicts of interest among vertically integrated market participants—a structural shift that could reshape how crypto derivatives trading operates in the United States. The proposal, which targets regulatory gaps in parts 37, 38, and 39 of CFTC regulations alongside amendments to Commission Regulations...
Bitcoin Rallies on Fed Hold, But Volume Gap Signals Weak Conviction
Bitcoin and Ethereum reversed sharp losses Thursday after the Federal Reserve held interest rates steady for the fifth consecutive meeting, with BTC rallying 2.09% to $65,023 and ETH climbing 1.23% to $1,927.90 as of early Friday UTC. The decision to maintain the benchmark rate in the 3.50%-3.75% band—despite three dissenting votes favoring a hike—removed a...
Here’s What Happened in Crypto Today
Federal regulators held interest rates steady today while issuing a rare hawkish dissent that rattled both crypto and traditional markets, even as Bitcoin held ground near $64,000. The cryptocurrency sector simultaneously saw regulatory progress on the domestic front, with a federal judge blocking Minnesota’s prediction market ban and Binance.US pursuing a CFTC license for U.S.-based...
Binance.US Eyes CFTC License for U.S. Prediction Markets
Binance.US announced plans to apply for a Commodity Futures Trading Commission license in August to launch a regulated prediction market platform, marking a significant step in the exchange’s comeback strategy following years of regulatory turmoil. The announcement, made by CEO Stephen Gregory at the RareEvo conference in Las Vegas on July 29, signals that the...
Flare Smart Accounts v1.3 Cuts XRP DeFi Friction as XRP Tests $1.11
Flare Network’s Smart Accounts v1.3 went live today, streamlining XRP DeFi access by reducing user friction from two signatures and separate wallet management to a single XRP Ledger signature per vault interaction. The upgrade arrives as XRP climbs 2.65% to $1.08, buoyed by the infrastructure improvement, modest ETF inflows, and broader altcoin momentum in a...
Fed Holds Rates, But Rare Hawkish Dissent Rattles Bitcoin and Stocks
The Federal Reserve held rates steady at 3.50%-3.75% on July 29, 2026, but the decision’s 9-3 vote split—the most hawkish dissent since September 2016—sent Bitcoin and equities tumbling as traders reassessed the path forward for monetary policy. Three regional Fed governors demanded a 25-basis-point hike, signaling that a meaningful faction of policymakers views further tightening...
Federal Judge Blocks Minnesota Prediction Market Ban, Affirms Federal Preemption
A federal judge in Minnesota dealt a significant blow to state-level crypto restrictions on Monday, blocking a prediction market ban that was set to take effect in less than a week and establishing a critical precedent that federal commodities law supersedes patchwork state regulations. The ruling creates breathing room for platforms like Kalshi and Polymarket...
Bitcoin Holds $64K as Fed Rate Decision Looms; Ethereum Outflows Institutional Demand
Bitcoin steadies near $64,000 as the Federal Reserve embarks on its July 28-29 policy meeting, with rate-hike odds climbing to 35.8% from just 25.7% a week prior, while Ethereum outperforms on the back of stronger institutional ETF demand. The divergence between whale distribution and retail accumulation, combined with elevated Treasury yields and semiconductor sector weakness,...
Here’s What Happened in Crypto Today
The Federal Reserve held interest rates steady today while the crypto markets remained in a holding pattern ahead of clearer forward guidance, as major institutional players simultaneously expanded their exposure to digital assets. Morgan Stanley launched new exchange-traded products for Ethereum and Solana, signaling continued Wall Street confidence in major cryptocurrencies despite macroeconomic uncertainty. Meanwhile,...
Morgan Stanley Launches Ethereum and Solana ETPs Amid Fed Decision
Morgan Stanley has launched Ethereum and Solana investment products on NYSE Arca, expanding its crypto offerings beyond Bitcoin and signaling deepening institutional adoption at a critical moment for digital asset regulation. The dual launch arrives as the Federal Reserve prepares to announce its policy decision today, a session that will set the tone for risk...
Flare Smart Accounts v1.3 Simplifies XRP DeFi Access With Single Signature
Flare Network launched Smart Accounts v1.3 on July 28, 2026, removing a major friction point for XRP holders accessing decentralized finance by consolidating a multi-step process into a single wallet signature. The upgrade allows users to mint FXRP, Flare’s tokenized XRP representation, and deposit it directly into yield-generating vaults without requiring separate wallet setups, gas...