The post Judge Who Ruled XRP Not a Security in Ripple Case Hands Kalshi ‘A Major, Major Loss’ in New York appeared on BitcoinEthereumNews.com.
Key Takeaways Judge Torres denied Kalshi’s injunction, ruling NY gambling laws aren’t preempted by the Commodity Exchange Act. The decision breaks with the Third Circuit’s April 2026 ruling that shielded Kalshi from New Jersey regulators. Kalshi posted a record $31 billion in June volume, raising the stakes as the case heads to motion-to-dismiss. Another Major Ruling From Torres U.S. District Judge Analisa Torres has denied prediction market exchange Kalshi a preliminary injunction against New York gaming regulators, Crypto in America journalist Eleanor Terrett reported. Torres found that New York’s gambling laws, as applied to Kalshi’s sports event contracts, are not preempted by the Commodity Exchange Act (CEA), the federal statute Kalshi has leaned on in courtrooms across the country. Image source: X The denial allows the case to proceed to t
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 Clearstream expands crypto custody with XRP, SOL, ADA, AVAX appeared on BitcoinEthereumNews.com.
Clearstream has expanded its institutional crypto custody service by adding six more digital assets. Summary Clearstream now supports eight crypto assets, widening institutional access beyond Bitcoin and Ether custody. The service uses Crypto Finance as sub-custodian, keeping the offering inside Deutsche Börse’s regulated structure. MiCA is pushing European institutions toward licensed custody, settlement, trading, and stablecoin infrastructure providers. Clearstream, the post-trade services provider owned by Deutsche Börse Group, said it now accepts Ripple-linked XRP, Cardano, Solana, Litecoin, Stellar, and Avalanche in its crypto custody offering. These assets join Bitcoin and Ether, which were already supported. The move gives institutional clients a wider list of crypto assets inside Clearstream’s custody system. The firm said the expansion responds to growing demand for MiCA-c
The post Spotify Fraud Exposes Prediction Market Weak Spot appeared on BitcoinEthereumNews.com.
The song hit No.1 on Spotify’s U.S. daily chart overnight. Then the floor dropped out. Spotify said it had yanked more than 500,000 artificial plays from Malcolm Todd’s “Earrings,” reshuffling the leaderboard after the fact and sending a chill through anyone betting on chart outcomes WIRED. Kalshi had already staked millions on which track would finish June on top. The market settled before Spotify finalized its purge. Payouts went one way. The data moved the other The Block (Bloomberg). One trader, Caleb Davies, flagged the jump as statistically absurd: a 70 percent weekend surge and an 11.24 sigma move — the kind of thing that basically never happens by chance — and that’s what kicked off the fraud review WIRED. The Big Picture: Mutable Data Meets Real Money Prediction markets love clean, public metrics. Sports scores. Election results. Economic prints. But chart rankings and streaming cou
The post Japanese Businesses Turn to Cryptocurrency as Yen Flounders appeared on BitcoinEthereumNews.com.
With the Japanese yen approaching its weakest point in 40 years, a new trend is emerging among Japanese corporations: diversifying their traditionally cash-heavy reserves by embracing cryptocurrencies like Bitcoin and XRP. SBI Holdings, a significant player in the crypto market through its subsidiary SBI VC Trade, has reported a substantial increase in interest from institutional […] Continue Reading:Japanese Businesses Turn to Cryptocurrency as Yen Flounders Source: https://en.bitcoinhaber.net/japanese-businesses-turn-to-cryptocurrency-as-yen-flounders
The post AngelList ends crypto funding support tied to Ripple’s Rail appeared on BitcoinEthereumNews.com.
AngelList will stop supporting crypto payments for investment funding at the end of July. Summary AngelList will pause crypto investment funding, pushing users toward ACH and wire transfer options. The change affects USDC, USDT, DAI, and ETH payments, but not existing investments. Ripple bought Rail for $200 million to expand enterprise stablecoin payments and global settlements. The venture platform said crypto funding will become unavailable from July 31, 2026, according to an AngelList help-center notice. The change affects payments made in USDC, USDT, DAI, and ETH. AngelList said its third-party crypto payments provider is discontinuing the service. Users will need to use traditional payment routes for upcoming investments until the company restores or replaces crypto funding support. The company said ACH and wire transfers will remain available. Domestic wires usually arrive w
