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NEW ECONOMY

Kalshi Sues Minnesota to Block First US Felony Ban on Prediction Markets

Key TakeawaysKalshi sued the state of Minnesota on May 28 to block SF4760, a felony ban set to take effect August 1, 2026.The CFTC filed its own suit against Minnesota within 24 hours of the bill’s May 18 signing.More...

Circle Freezes $12.6M in Stablecoins Linked to Zama Without Prior Notice: ZachXBT

Stablecoin issuer Circle froze $12.6 million in USDC dollar-pegged tokens linked to privacy protocol Zama’s confidential USDC smart contract on Saturday, according to onchain sleuth ZachXBT.The smart contract is “publicly labeled” on block explorers and the privacy protocol’s technical...

Bitcoin ETFs Register $4 Billion Outflows In 3 Weeks – Why This Is A Bullish Signal

Following its bullish performance at the start of Q2 2026, the Bitcoin spot ETFs market has slumped into negative momentum in recent weeks, in line with the broader price correction. Data from ETF tracker shows that total net outflows...

Two popes, two industrial revolutions — and one warning for Big AI | Fortune

This was more of a vision than a detailed plan, but Catholics in many countries started trying to figure out what the vision meant in practice.The English writers G.K. Chesterton and Hilaire Belloc, for instance, tried to systematize his...

Spot Bitcoin ETFs See Record 10-Day Outflow Streak, Analyst Calls It ‘Contrarian Indicator’

Spot Bitcoin exchange-traded funds (ETFs) have logged outflows for ten consecutive trading days, with total net redemptions exceeding $2.97 billion since May 15, a streak that one analyst says may signal a market bottom is near.According to data from...

Bitcoin, ether, XRP, dogecoin lag a nine-week stocks rally as ETF demand cools

The S&P 500's longest weekly winning streak since 2023 and Brent crude settling near $92 on U.S.-Iran ceasefire hopes have failed to pull bitcoin BTC$73,523.91 and ether (ETH) higher, with the two largest cryptocurrencies finishing the week down nearly...

‘Extraordinarily Unusual’ for CFTC to Reverse Gemini Settlement Deal: Ex-chair

A former chairman of the US Commodity Futures Trading Commission (CFTC) responded to the agency’s move to vacate a $5 million settlement with cryptocurrency company Gemini.In a Wednesday motion filed in the US District Court for the Southern District...

Bitcoin and Ether ETFs Lose $350M While XRP and HYPE Draw Inflows

Key TakeawaysBitcoin ETFs lost $228.9M, extending a 9-day outflow streak.Ether ETFs shed $121.4M for a 13th straight day of outflows, signaling weak institutional demand.XRP, HYPE, and solana ETFs posted inflows, showing selective appetite beyond BTC and ETH. Bitcoin...

CFTC Backs Crypto Perpetual Contracts, Issues Advisory on 24/7 Trading

The US Commodity Futures Trading Commission (CFTC) took positions on cryptocurrency perpetual futures contracts and how the industry may be more suited for “24/7 trading, clearing, and settlement.”In a Friday notice, the CFTC said it had approved perpetual futures...

Coinbase Launches Regulated access to Global Crypto Options and Perps

Coinbase Financial Markets has begun offering US institutional clients access to global crypto options and perpetual futures markets through a regulated futures commission merchant, including connectivity to Deribit's crypto options platform.Coinbase said the launch follows guidance from the Commodity...
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Colombia’s outgoing president Gustavo Petro accuses Trump of intervening in his country’s election

In less than two weeks, Colombians will head to the polls in a runoff election to...
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