Judge Who Ruled on Ripple XRP Just Dealt a Major Blow to Prediction Markets

The post Russia Advances Crypto Bill Ahead of Second Reading appeared on BitcoinEthereumNews.com. The post Russia Advances Crypto Bill Ahead of Second Reading appeared first on Coinpedia Fintech News Russia’s Financial Market Committee approved the final version of a cryptocurrency bill, clearing the way for its second reading. The revised bill removes mandatory reporting of crypto wallet addresses, requiring only balances and transaction flows to be disclosed. It also allows cryptocurrency to be used to buy securities and Russian digital financial assets and permits … Source: https://coinpedia.org/crypto-live-news/russia-advances-crypto-bill-ahead-of-second-reading/

The post ‘Major loss’: New York Court rejects Kalshi’s injunction request appeared on BitcoinEthereumNews.com. Prediction market platform Kalshi has suffered a legal loss in New York. According to a court filing on the 7th of July, the firm was denied a preliminary injunction by Judge Analisa Torres of the Southern District of New York.  Judge Torres maintained that gambling falls under the purview of local state oversight.   The scope of laws regulating gambling and lotteries is clearly a matter of predominantly state concern. Additionally, Judge Torres clarified that federal law, the Commodity Exchange Act, does not preempt state gambling laws.  Courts apply a presumption against preemption with respect to areas where states have historically exercised their police powers. Source: Court Listener  She explained that such a presumption arises only when Congress legislates in a field traditionally governed by the states. In other words, federal authority applies only where Congress has

The post Ripple news: XRP Ledger v3.2.0 rollout gains ground but trails version its replacing appeared on BitcoinEthereumNews.com. The XRP Ledger’s newest server software, v3.2.0, designed to make the network cheaper to run, more stable, and more attractive for institutional use, is gaining adoption. However, it has yet to overtake the previous version (3.1.3) across the wider network, and the key security fixes that come with it remain in the voting process. Of the approximately 833 active nodes on the XRP Ledger, the machines that store and relay the ledger, about 43% are running v3.2.0 and 51% are still on v3.1.3, XRPSCAN data shows. While overall node adoption appears relatively slow, validators, or entities that matter most to the network, have largely already upgraded. The XRP Ledger runs on a trusted set of validators known as the Unique Node List (UNL). For a new software version or amendment to activate, it needs sustained support from more than 80% of validators on that list

The post 40% of Altcoins Trade Near Record Lows appeared on BitcoinEthereumNews.com. The post 40% of Altcoins Trade Near Record Lows appeared first on Coinpedia Fintech News Around 40% of altcoins are trading at less than 25% of their all-time highs, according to the source, highlighting continued weakness across the broader cryptocurrency market. The figure reportedly rose to 45% when Bitcoin fell below $60,000 in late June. The trend suggests many smaller cryptocurrencies continue to struggle despite recent market rebounds. Investors will … Source: https://coinpedia.org/crypto-live-news/40-of-altcoins-trade-near-record-lows/

The post XRP Price Prediction: Bears Own the Chart — Can $1.06 Hold or Is $1.01 the Next Stop? appeared on BitcoinEthereumNews.com. Caroline Bishop Jul 08, 2026 07:35 XRP is trading at $1.09, pinned below every major moving average with a flatlined MACD and a sub-50 RSI — this is distribution, not accumulation. Without a decisive daily close above $1.12, the pat… XRP’s Technical Reality Check Let’s not dress this up. XRP at $1.09 is a chart that has one story, and it’s not a bullish one. Price is sitting below the 7-day SMA at $1.13, below the 20-day SMA at $1.10, below the 50-day SMA at $1.18, and well below the 200-day SMA at $1.47. When you’re trading under every single meaningful moving average on the daily, you’re not “consolidating” — you’re in a controlled bleed with sellers defining every bounce. The MACD is the critical read right now. The histogram has zeroed out completely while both the MACD and signal lines are locked at -0.0162. This is not a bullish cro

The post Middle East Tensions Drive Oil Surge While Equities and Digital Assets Retreat appeared on BitcoinEthereumNews.com. Key Highlights Bitcoin declined approximately 1% to roughly $62,657 following military exchanges between Washington and Tehran that elevated oil prices and strengthened the dollar Major altcoins including Ether, XRP, and Solana experienced losses ranging from 1% to 2.3% amid the escalating situation Equity indexes suffered losses with the Dow shedding more than 100 points, S&P 500 declining 0.5%, and Nasdaq dropping 1.2% Crude oil prices surged over 2%, propelling WTI beyond $72 per barrel while Brent crude climbed above $74 SpaceX shares dipped beneath their initial public offering valuation following Nasdaq listing as original stakeholders liquidated positions Washington executed military operations it described as “powerful strikes” against Iranian targets on Tuesday following Tehran’s assault on three merchant vessels navigating the Strait of Hormuz, among th

The post AngelList Shifts Gears, Halts Crypto Payment Support appeared on BitcoinEthereumNews.com. AngelList, the prominent hub bridging startups and investors, has revealed a significant policy shift as it plans to discontinue support for cryptocurrency transactions. This decision, effective July 31, includes terminating its partnership with Ripple-powered payment service Rail, initially designed to facilitate easy crypto payments on the platform. Continue Reading:AngelList Shifts Gears, Halts Crypto Payment Support Source: https://en.bitcoinhaber.net/angellist-shifts-gears-halts-crypto-payment-support

The post Crypto Regulations in Bhutan 2026: Tax, Bitcoin Reserve, GMC, and Banking Rules appeared on BitcoinEthereumNews.com. The post Crypto Regulations in Bhutan 2026: Tax, Bitcoin Reserve, GMC, and Banking Rules appeared first on Coinpedia Fintech News Bhutan has taken a unique approach to crypto. While the government limits retail crypto use through the country’s banking system, it has also become one of the world’s largest state-backed Bitcoin miners and is using Bitcoin to support its long-term economic plans. A key part of this strategy is Gelephu Mindfulness City (GMC), a special … Source: https://coinpedia.org/cryptocurrency-regulation/crypto-regulations-in-bhutan/