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The Great Long-Bond Selloff Forces a Brutal Fiscal Reckoning


France’s 30-year government bond yield has surged near 4.85%, joining jumps in Germany, Japan, and the United States that expose a brutal reset in global borrowing costs. The synchronized selloff has shoved major long-term yields to levels unseen for years, and in some cases decades. U.S. 30-year...

CFTC Cites Bitcoin Position in Emergency Order Shielding Kalshi


The Commodity Futures Trading Commission (CFTC) ordered Kalshi to keep running its exchange after finding that New York’s attempt to stop the platform presented a market emergency. The commission cited a hypothetical bitcoin position to argue that forced liquidation could spread losses well...

Inflation Cools, Bitcoin Stalls as Fed Faces Its Next Big Test


U.S. inflation cooled for a second straight month in July, another sign that spring’s energy-driven price shock is fading even as inflation remains stubbornly above the Federal Reserve’s 2% target. The U.S. Consumer Price Index (CPI) rose 0.1% in July on a seasonally adjusted basis, the Bureau...

Buried in the FCC’s New Robot Import Ban: The 35% Foreign-Parts Rule


U.S. regulators have moved to block imports of foreign-made humanoid robots, targeting devices produced abroad, especially in China, on national security and cybersecurity grounds. The FCC-backed restriction, announced in late July, also sweeps in robots assembled with more than 35% foreign...

Connecticut Judge Says Kalshi Sports Contracts Were Never Swaps


A federal judge denied Kalshi’s request for a preliminary injunction against Connecticut regulators, holding that its sports-event contracts are not swaps under the Commodity Exchange Act, so the CFTC’s exclusive jurisdiction never attached. Coinbase Financial Markets lost a companion motion...

Utah Judge Rejects Kalshi’s Federal Shield From Gambling Laws


A federal judge granted Utah summary judgment Tuesday, holding that the Commodity Exchange Act does not preempt the state’s anti-gambling laws as applied to Kalshi’s sports event contracts. The exchange says it will appeal to the Tenth Circuit, which would bring prediction-market...

US and UK Reveal Digital Asset Plan to Modernize Finance


American and British regulators are expanding cooperation on crypto, tokenization, payments, artificial intelligence, and financial resilience. The initiative connects new regulatory frameworks with plans to reduce cross-border friction and modernize two major financial markets. Regulators Expand...

US Senators Target Wildfire Bets in New CFTC Rule Fight


Nine U.S. senators are asking the Commodity Futures Trading Commission to prohibit contracts tied to wildfire duration, growth and destruction, warning that state and local fire officials see a risk of arson. Polymarket responded, saying the removal would only make timely information harder...

George Santos Settles CFTC Case Over Trading His Own Kalshi Market


Former U.S. Rep. George Santos will pay $35,069.98 and accept a three-year trading ban to settle CFTC findings that he manipulated a Kalshi market tied to his own State of the Union attendance. A final order reveals he profited first from Yes contracts, then switched to No while continuing to tell...

Iran Rejects Trump Deal as Hormuz Tensions Grip Markets Again


Conflicting statements from Washington and Tehran have cast fresh uncertainty over the Strait of Hormuz, leaving global markets and governments watching to see whether diplomacy can prevent another escalation in one of the world’s most strategically important waterways. Trump Says a Deal...

Japan, US Plot Yen Rescue as Speculators Face Reckoning


Japan and the United States are preparing to unveil a joint policy as early as next week to stop speculators from driving the Japanese yen to fresh multi-decade lows. Japan Strikes First, Buying Nearly $59 Billion in a Day The move follows a dramatic week of currency action. On July...

WNBA Posts Reese-Bueckers $400 Bet Video, Deletes It as a Joke


The WNBA removed a video from its own social accounts after it showed Angel Reese and Paige Bueckers agreeing to a $400 wager on their teams’ next game. The league called the exchange lighthearted and declined to discipline either player, despite a collective bargaining agreement that...

Underdog’s UDX Hits $1.2M Day, About 5% of Estimated Companywide Flow


Underdog’s in-house UDX exchange recorded a reported $1.2 million in July 27 trading volume, reaching its first million-dollar day ten days after initial test trades. The result suggests Underdog avoided the usual cold-start problem for a new exchange, but UDX appears to be handling only...

Peter Schiff Says Japan Could Be the Pin That Pricks the Bigger US Bubble


Peter Schiff says a rough week for artificial intelligence stocks and a deepening crisis in Japan’s bond market are warning signs that most investors are choosing to ignore. Speaking on The Peter Schiff Show Podcast, the economist and longtime Bitcoin critic said the AI trade cracked open...

Brent Cracks $100 as Houthis Hit Saudi Tankers and Trump Raises War Threat


Brent crude futures broke above $100 a barrel on Thursday for the first time since late May, after Yemen’s Houthi movement claimed strikes on two Saudi Arabian oil tankers in the Red Sea and President Donald Trump warned Iran it would face “major military punishment” for further...

Bitcoin Ownership Overtakes Gold as 49.6 Million Americans Now Hold BTC


Bitcoin has overtaken gold as the preferred hard asset among American investors, according to bitcoin financial services firm River. The firm found that 49.6 million Americans, or 18.6% of the adult population, now own bitcoin, compared to 28.8 million, or 10.8%, who hold gold. Bitcoin Adoption...

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