Bitcoin’s Bounce to $64,000 Wipes out $320 Million in Crypto Shorts in 15 M…

In recent developments, a sudden bitcoin rebound torched roughly $320 million worth of short positions across the crypto market in just 15 minutes, as bearish traders were caught offside by…

This Week in Crypto Law (May 30, 2026)

In recent developments, law and Ledger is a news segment focusing on crypto legal news, brought to you by Kelman Law – A law firm focused on digital asset commerce.…

CLARITY Act chances of passage this year falls to 60%, Galaxy Digital says

In recent developments, the CLARITY Act, the crypto industry’s biggest bill in Congress, is losing momentum just weeks after clearing a key Senate committee, raising the risk that Washington’s first…

A little-known 1,250% rule could lock US banks out of Bitcoin

In recent developments, a group of Republican senators is warning US bank regulators that a little-known capital rule could effectively keep banks out of Bitcoin, even as Congress moves to…

Crypto exchanges are losing retail traders but are filling the gap with Wall …

In recent developments, crypto exchanges are seeing the weakest retail-driven activity in years, but some of the biggest platforms are finding a lucrative new source of volume in Wall Street-style…

CLARITY Act Momentum Slows As Approval Odds Fall To 60%

In recent developments, a July 4 target date for advancing crypto market-structure legislation through the Senate is now looking less certain, according to Galaxy Digital’s head of research. Senate Calendar…

‘Fiat Is a Sham’: Hunter Biden Goes Viral With Explosive Praise for Crypt…

In recent developments, after criticizing the Donald Trump Administration’s actions on social media, Biden stressed that it would use Hyperliquid as a tool to fight the Democrats’ anti- crypto army.…

British Teen Sanctioned By Russia After Alleging Crypto Use to Evade Sanctions

In recent developments, the teenager’s research into Russia’s alleged illicit crypto flows appears to have prompted Moscow’s retaliation. The development has drawn attention from traders and analysts who are evaluating…

DOJ Task Force Freezes $3.8M in Illicit Crypto—With Help From Coinbase, Spa…

In recent developments, some of America’s biggest companies helped squash crypto fraud stemming from organized crime in Southeast Asia. The development has drawn attention from traders and analysts who are…

Congress Gets 7 New Crypto Tax Bills: Here’s What’s In Them

In recent developments, the crypto tax bills—the first of their kind to be deliberated by congressional leadership—will be discussed at a House hearing on Tuesday. Looking closer, market participants highlight…