Bettors on the Polygon-based prediction market Polymarket are assigning a 96.3% probability that the Federal Reserve leaves interest rates unchanged at its July 29–30 meeting, according to the platform’s contract covering the decision. On top of the percentage of bets on “no change,” the platform’s dashboard shows 3% betting on a 25‑basis‑point cut, and less […]
The House of Representatives adjourned a week ahead of schedule on July 24, initiating its August recess early and effectively halting all floor activity until after Labor Day. Speaker Mike Johnson announced the break during a floor session, ending votes and procedural work until at least the week of September 8. This recess comes amid
House recess over Epstein standoff stalls crypto policy push until September Read More »
While Republican House Speaker Mike Johnson made the controversial move to shut down the House early to prevent Congress from grilling Jeffrey Epstein’s former partner and convicted sex trafficker, Ghislaine Maxwell, Wyoming Senator Cynthia Lummis, the so-called “Crypto Queen,” published a press release on Tuesday afternoon imploring the Senate to remain in session for the
Britain’s Chancellor Rachel Reeves is considering a large-scale sale of seized Bitcoin in an effort to help address the “black hole” in the country’s public finances, according to the British newspaper The Telegraph. Estimates place the value of the seized crypto at over £5 billion ($6.7 billion). This move could provide a significant boost to
UK government eyes £5 billion seized Bitcoin sale to manage fiscal shortfall Read More »
The Senate Agriculture Committee will consider President Donald Trump’s nominee for chair of the Commodity Futures Trading Commission, Brian Quintenz, as lawmakers weigh a broader shift in crypto regulation that could dramatically expand the agency’s role. The committee is scheduled to review Quintenz’s nomination during a July 21 hearing, ahead of a full Senate vote
Lawmakers to review Trump’s CFTC chair nominee ahead of full Senate vote Read More »
The US Marshals Service (USMS) appears to hold just under 29,000 Bitcoin, far lower than the more than 200,000 BTC many believed the government had in custody. The updated figure, confirmed via a Freedom of Information Act (FOIA) request by independent crypto journalist L0la L33tz on July 16, puts the government’s total at 28,988 BTC
Pakistan and El Salvador have formalized diplomatic relations for the first time, anchoring the partnership on crypto collaboration and digital asset development, according to a July 16 announcement. The presser followed a meeting in San Salvador between Bilal Bin Saqib, special assistant to Pakistan’s prime minister on crypto and blockchain, and El Salvador’s President Nayib
El Salvador, Pakistan inaugurate diplomatic relations to collaborate on digital assets Read More »
Bitcoin Magazine Bitcoin Is a Commodity: Why Congress Must Fix Bitcoin Taxes I grew up in northwest Iowa, the heart of the Corn Belt, renowned for some of the most fertile and productive farmlands in the world. When my grandpa planted corn and beans, he knew Uncle Sam would come for his portion — not
Bitcoin Is a Commodity: Why Congress Must Fix Bitcoin Taxes Read More »
A procedural vote to advance landmark crypto legislation failed on the House floor Tuesday, only to be revived hours later following direct intervention from President Donald Trump. The reversal followed a brief but intense standoff between Republican leadership and a small group of conservative holdouts, which paralyzed the chamber and ultimately required a presidential deal
A powerful bipartisan crypto-focused political action committee, Fairshake, has secured $141 million in funding ahead of the 2026 US midterm elections, per a July 15 statement shared with CryptoSlate. According to the statement, the figure reflects significant backing from top digital asset firms and executives, including a fresh $25 million contribution from Coinbase. The PAC
Fairshake secures $141M to champion pro-crypto candidates Read More »
