Crypto World
Major County Sheriffs abandon DeFi objection in CLARITY Act shift
The Major County Sheriffs of America has withdrawn its opposition to the decentralized finance provision in the CLARITY Act, easing one of the main law enforcement concerns surrounding the proposed U.S. crypto market structure bill.
Summary
- Major County Sheriffs of America has dropped its opposition to the CLARITY Act’s DeFi provision and adopted a neutral stance.
- The group proposed amendments giving state and local law enforcement a formal role in Treasury studies and advisory bodies.
- Senate momentum has improved, with updated timelines and rising passage odds boosting expectations for the CLARITY Act.
According to a letter sent by the Major County Sheriffs of America (MCSA) to Senate Banking Committee Chair Tim Scott and Ranking Member Elizabeth Warren, the organization has changed its position from opposing the Blockchain Regulatory Certainty Act provision to taking a neutral stance after conducting a continued review of the legislation. The change comes as lawmakers prepare for the next stage of Senate discussions on the bill.
The Blockchain Regulatory Certainty Act section of the CLARITY Act would protect software developers and infrastructure providers from legal responsibility for crimes committed by users of decentralized platforms, provided they do not control customer funds.
Law enforcement organizations had argued that the language could make investigations into illicit crypto activity more difficult.
Law enforcement concerns narrow as amendments remain on the table
While ending its formal opposition, the MCSA did not give unconditional support to the provision. In its letter, the organization said continued discussions with the Trump administration had provided additional clarity on how officials expect the DeFi language to be interpreted and implemented if the legislation becomes law.
Alongside its updated position, the sheriffs’ association proposed several changes. It asked Congress to give state and local law enforcement agencies a formal role in the Treasury study required under Section 309 of the CLARITY Act and in any advisory groups created under the legislation.
The MCSA argued that local and state agencies investigate most cryptocurrency-related crimes and should therefore help shape future legislative, regulatory, and policy recommendations.
It also urged lawmakers to recognize that a new federal regulatory framework should be matched with funding and operational resources needed by state and local authorities responsible for enforcing the rules.
Earlier this week, the CLARITY Act also secured backing from the National Organization of Black Law Enforcement Executives (NOBLE). As previously reported by crypto.news, the organization said the legislation would provide law enforcement with additional investigative capabilities while preserving existing criminal enforcement powers.
Senate timeline points to renewed momentum
Meanwhile, political attention has shifted back to the Senate’s legislative schedule after Senator Bill Hagerty outlined a revised timeline for the bill. Reports citing Hagerty indicate that the Senate is expected to release the final text of the CLARITY Act this weekend before debate resumes after lawmakers return from the July recess.
The updated schedule replaces earlier expectations that President Donald Trump could sign the legislation by July 4. Instead, Hagerty has indicated that Senate floor action is more likely after Congress reconvenes on July 13.
Support for the legislation has continued to build despite the delay. According to Bloomberg Intelligence, the probability of the CLARITY Act passing during July has increased to around 60%, suggesting improving expectations for a federal digital asset market structure framework.
Prediction market participants have also turned more optimistic. According to Polymarket, the odds of President Trump signing the CLARITY Act into law before the end of the year have climbed back above 50% after falling earlier in the week.

Still, not every issue has been resolved. Senator Kirsten Gillibrand has continued to argue that lawmakers should prohibit members of Congress and their spouses from issuing or promoting crypto assets before advancing major digital asset legislation, keeping ethics provisions among the remaining points of debate as the Senate prepares to take up the bill.
Crypto World
Revolut drops Tether USDT as MiCA rules force major crypto shift
Revolut has confirmed it will remove Tether’s USDT from eligible European accounts after new European Union crypto rules took effect under the Markets in Crypto-Assets (MiCA) framework.
Summary
- Revolut will delist USDT for eligible European users under the EU’s MiCA regulations.
- Users can buy USDT until July 6 and withdraw or sell holdings until Aug. 31.
- Tether also recently froze 131 TRON wallets after new U.S. sanctions targeted ISIS-K-linked addresses.
According to an email sent by Revolut to affected customers, the fintech company will phase out support for USDT over the next two months, giving users until Aug. 31 to sell, withdraw, or transfer their holdings before the stablecoin is removed from eligible accounts.
Revolut has set a phased deadline for USDT holders
Revolut said customers will continue to be able to buy USDT until July 6. Beginning July 30, the platform will stop accepting new USDT deposits, while users will still be allowed to sell their tokens or transfer them to supported external crypto wallets until Aug. 31.
The company told customers to review their USDT holdings before Aug. 31 at 12:00 PM GMT because, after that deadline, the stablecoin will no longer be supported in eligible Revolut accounts. Under Revolut’s crypto delisting policy, any remaining USDT balance will be automatically converted into the account’s base currency using the market price of USDT at the time the delisting takes effect.
Revolut also clarified that the restrictions apply only to notified users. The company said the changes will not affect access to USDT in jurisdictions where the stablecoin continues to be supported.
MiCA requirements continue to reshape stablecoin access
Revolut linked the decision to the European Union’s MiCA framework, which now requires stablecoin issuers and crypto service providers operating in the bloc to comply with licensing, reserve, disclosure, and supervisory rules.
crypto.news previously reported that USDT has not received authorization under MiCA. Tether Chief Executive Officer Paolo Ardoino argued that the framework was not designed for the world’s largest stablecoin because of its reserve-related requirements. Ardoino previously said those rules raised concerns about reserve composition, liquidity management, and redemption risks for issuers.
Following the July 1 implementation of MiCA enforcement measures, Revolut joins other crypto platforms that have restricted access to USDT for European customers because the token lacks MiCA authorization.
The regulatory pressure comes as Tether continues to face increased scrutiny in other areas. As crypto.news reported earlier, the company recently froze USDT balances held in 131 wallets on the TRON blockchain after the U.S. Treasury’s Office of Foreign Assets Control updated sanctions tied to ISIS-K.
Notably, OFAC added 134 cryptocurrency wallet identifiers to its sanctions list on July 1, including 131 TRON addresses and three Monero addresses linked to ISIS-K.
The sanctions update identified the wallets as belonging to the Islamic State Khorasan Province, the Afghanistan and Pakistan branch of the Islamic State, which had already been designated as a terrorist organization before the additional wallet identifiers were published.
While the sanctions action is unrelated to MiCA, it highlights Tether’s ability to freeze tokens in response to regulatory and law enforcement actions. At the same time, Revolut’s delisting decision illustrates how new European crypto rules are affecting the availability of stablecoins that have not secured authorization under the bloc’s regulatory framework.
Crypto World
Ethereum (ETH) Surges Past $1,700 as Rare Monthly Buy Signal Emerges
Key Highlights
- Ethereum reached approximately $1,715 on July 3, posting gains exceeding 6% over a 24-hour period
- A seldom-seen monthly TD Sequential buy indication has emerged, previously appearing before significant price surges in 2022 and 2025
- United States spot Ethereum ETFs registered $29.08 million in net positive flows on July 2, with BlackRock’s ETHA at the forefront
- Market observer Daan Crypto Trades identified $1,750 as a critical threshold, characterizing it as a crucial test for ETH’s ability to overcome its downward trajectory
- Binance ETH withdrawal activity reached a three-year peak, although positive exchange netflow continues to indicate potential selling pressure
Ethereum successfully reclaimed the $1,700 mark on July 3, hovering around $1,715 following a robust rally that delivered over 6% gains within a single day. This upward movement returned ETH to a price point that market participants have been monitoring intently following several weeks of sustained downward pressure.

The resurgence coincided with renewed capital entering U.S. spot Ethereum ETFs. According to data from SoSoValue, these investment vehicles captured $29.08 million in aggregate net inflows on July 2. BlackRock’s ETHA product dominated the inflow activity with $29.74 million, whereas Grayscale’s ETHE experienced withdrawals totaling $2.75 million.
Market analyst Daan Crypto Trades shared his perspective on the price action through social channels. He observed that ETH had posted a 10% weekly gain and was challenging the February bottom around $1,750. He characterized this zone as an essential level for reclamation, stating it would “signal some strength.” He further explained that this identical area confirmed a structural breakdown in 2025, lending it historical significance. He acknowledged he held no firm conviction yet and was observing how price action unfolded around resistance at the session close.
Ethereum simultaneously generated a monthly TD Sequential buy indication — an uncommon technical occurrence. Market analyst Ali Charts suggested the signal reflects exhaustion among sellers on an extended timeframe. Historical monthly buy signals preceded rallies of 235% in 2022 and 182% in 2025. While the indicator doesn’t validate a fresh bullish trend, it has captured attention among technical market participants.
Technical Assessment
The MACD histogram registers positively at 19.33, with the MACD line crossing above its signal counterpart. Nevertheless, both indicators remain positioned below the zero threshold, indicating the trend hasn’t completely inverted. The RSI advanced to approximately 51.85, climbing above its moving average of 38.12 and surpassing the neutral 50 benchmark.
Ethereum bounced from a double-bottom formation near $1,565. Immediate resistance is positioned at $1,800, with $2,000 representing the next major obstacle. A concentration of liquidity around $1,740–$1,750 sits just above the current trading range, potentially acting as a magnet for short-term price action.
Market commentator Crypto Patel highlighted that ETH just completed its inaugural streak of three consecutive red quarters since inception — an unprecedented occurrence in Ethereum’s trading history.
On-Chain Metrics and Derivatives Analysis
Open interest expanded 10.64% to reach $24.54 billion, while ETH trading volume increased 14.48% to $44.74 billion. Funding rates jumped 113.86%, demonstrating that leveraged long positions proliferated throughout the rally.
CryptoQuant analyst Darkfost documented that Binance ETH withdrawal transactions achieved their highest count in three years, exceeding 166,000 within a 24-hour window. Concurrently, analyst PelinayPA observed that Binance ETH exchange netflow remained positive at +12,938 ETH, indicating more ETH deposits than withdrawals from the platform.
Institutional participation persisted. BitMine maintains holdings exceeding 5.7 million ETH following an acquisition of 27,084 ETH. SharpLink secured an additional 10,000 ETH valued at $16.1 million during the recent price decline.
Crypto World
ESMA Declares Prediction Markets Subject to Binary Options Ban Despite New Branding Efforts
Key Takeaways
- ESMA confirms binary-outcome prediction market contracts fall under the retail investor ban established by EU regulations in 2018.
- The regulator emphasizes product functionality determines legal status, not marketing terminology or platform rebranding efforts.
- ESMA issued no new regulations; the statement responds to the explosive worldwide expansion of prediction market platforms.
- Institutional and professional traders maintain access through properly authorized MiFID II-compliant firms.
- Retail clients across the EU’s approximately 450 million population lack access to any licensed prediction market platforms.
On July 3, the European Securities and Markets Authority delivered an unambiguous message to the prediction market industry. Products functioning as binary options will be regulated accordingly — regardless of branding or nomenclature.
ESMA’s announcement coincided with prediction market trading volumes exceeding $50 billion monthly worldwide. Cryptocurrency-based platforms have fueled this expansion significantly, creating markets covering topics from political elections to monetary policy announcements.
Since May 2018, the EU has prohibited binary options for retail investors. Initially implemented as a temporary restriction under the Markets in Financial Instruments Regulation framework, most EU nations subsequently enacted permanent bans through domestic laws.
According to ESMA, a product’s legal categorization derives from its operational characteristics rather than its promotional branding. Contracts providing predetermined payouts contingent on specific future outcomes qualify as financial instruments and remain subject to current restrictions.
Implications for Cryptocurrency-Based Platforms
Cryptocurrency prediction market platforms face straightforward consequences. Any platform providing binary-outcome contracts to EU retail traders violates current financial regulations, irrespective of blockchain-based settlement mechanisms.
Polymarket, currently the highest-volume crypto prediction market globally, has encountered comparable regulatory challenges. Following a 2022 agreement with the Commodity Futures Trading Commission, the platform restricted US user access. European retail traders now confront similar restrictions.
While ESMA refrained from identifying particular platforms, the directive was unequivocal: current regulations apply comprehensively, with the prediction market surge offering no regulatory exemptions.
Professional and institutional investors aren’t completely prohibited from participation. However, firms seeking to provide these products to professional clients must obtain complete MiFID II authorization — establishing that legitimate European market access requires substantial regulatory compliance.
United States Faces Distinct Regulatory Conflicts
Across the Atlantic, prediction markets navigate a separate jurisdictional battle. State gaming authorities and the federal Commodity Futures Trading Commission are locked in disputes over regulatory authority for event contracts.
By March 2026, regulators in 11 states had initiated legal or regulatory proceedings against platforms including Kalshi and Polymarket. Nevada temporarily suspended Kalshi’s activities, while Arizona pursued criminal charges against the organization.
In April, the CFTC asserted exclusive federal oversight of prediction markets. The agency initiated lawsuits against multiple states and submitted court documents supporting platforms like Kalshi.
The controversy intensified when a Massachusetts judge permitted state regulators to file an amended complaint against Kalshi on June 30, claiming its sports contracts violate state gambling prohibitions.
Tribal gaming associations and labor unions have petitioned Congress to modify proposed legislation by explicitly banning sports-related event contracts on prediction market platforms.
Legal analysts suggest this dispute may ultimately require Supreme Court resolution.
Currently, Europe maintains complete retail prediction market restrictions, while US regulatory frameworks remain contested and uncertain.
Crypto World
Tim Draper Denies Moving BTC After Coinbase Transfer Claim
Billionaire investor and longtime Bitcoin bull Tim Draper has denied moving his Bitcoin after blockchain analysts linked him to a large BTC transfer to Coinbase Prime.
“Haven’t touched my BTC,” Draper told Cointelegraph on Friday, adding that he still expects Bitcoin to reach $250,000 within one year.
The statement came after blockchain analytics platform Lookonchain reported Thursday that a wallet “possibly linked” to Draper had transferred 1,000 Bitcoin worth about $62 million to Coinbase Prime, citing data from Arkham.
The case highlights both the growing role of blockchain analytics in tracking large crypto transfers and the challenges of independently confirming wallet ownership.
Draper bought nearly 30,000 BTC in 2014
Draper is best known in the crypto community as one of Bitcoin’s earliest high-profile investors, having won a US Marshals Service auction for nearly 30,000 Bitcoin seized by US authorities from Silk Road-related holdings in 2014.
According to Forbes, Draper paid about $18.7 million, or roughly $632 per Bitcoin, for the holdings, now worth about $1.9 billion.
Arkham labels the wallet involved in the transfer as “Tim Draper?”, indicating a tentative attribution, but does not publicly explain the basis for the classification.

Source: Arkham
The wallet’s transaction history shows several interactions with Coinbase Prime over the past year, including a 1,000 Bitcoin transfer from Coinbase Prime on 9 July, 2025, when BTC traded around $115,880 per coin.
Cointelegraph reached out to Arkham for comment on its methodology and whether additional Draper-linked wallets exist, but had not received a response by publication.
Draper’s $250,000 Bitcoin forecast repeatedly missed timelines
Draper’s latest reiteration of his $250,000 Bitcoin target adds to a series of forecasts that have repeatedly missed earlier timelines.
The investor has held the same price target since at least 2018, initially expecting Bitcoin to reach the level by late 2022 or early 2023. However, Bitcoin’s highest recorded price to date is $126,080 on Oct. 6, 2025, according to CoinGecko. At publishing time, Bitcoin was trading around $62,530.

Source: Cointelegraph
Some Bitcoin bulls see further upside ahead, with Blockstream CEO Adam Back expecting Bitcoin could eventually reach between $500,000 and $1 million, arguing that the milestone may be “closer than people think.”
Related: Bitcoin profit and loss ratio falls to 43-month low
BlackRock CEO Larry Fink has also said Bitcoin could climb as high as $700,000 if institutional adoption increases significantly, while Bitcoin critic Peter Schiff has repeatedly argued that the asset lacks intrinsic value and could ultimately fall to zero.
Polymarket’s “What price will Bitcoin hit in 2026?” prediction market shows traders pricing the most likely outcome around $65,000 to $70,000, with bets clustering near $68,000.
Magazine: The end of anonymity? AI could unmask crypto’s hidden identities
Crypto World
Bitcoin Holds Above $62K as HYPE, ADA Lead Altcoin Recovery: Weekend Watch
The cryptocurrency market managed to sustain its recovery over the past 24 hours. Most of the large-cap altcoins are trading in the green. Bitcoin maintained its recent rebound, as some alts delivered even stronger daily gains.
The total crypto market cap also rose as traders returned to risk assets following a volatile start to the month. However, BTC’s dominance remains steady, suggesting that the market recovery is unfolding in a balanced manner.
BTC Defends $62K Following Latest Bounce
Bitcoin’s price traded mostly in the green throughout the past 24 hours, staying above the $62K mark after reclaiming it earlier in the week. The asset changed hands at roughly $62,500, up about 1.3% on the day and 3.6% on the week.
BTC moved within a relatively tight daily range, briefly dipping toward $61,500 before buyers pushed it back above, even charting an intraday high around $62,800. The move kept its capitalization around $1.25 trillion.
ETF flows also showed signs of stabilizing. US spot Bitcoin ETFs recorded around $220 million in net inflows on July 2nd. Interestingly, most of it came in Fidelity’s products, as BlackRock clients continued to sell and offloaded over $40 million.

HYPE, ADA, XRP Outperform
The broader cryptocurrency market improved as well, with the total capitalization surpassing $2.2 trillion.
Ethereum traded around $1,754 after gaining more than 2% on the day and roughly 11% over the past week, making it a standout performer. Among the larger altcoins, Hyperliquid’s HYPE was one of those that increased the most over the past 24 hours, rising above $71 and gaining upwards of 6%. Cardano also advanced sharply, while XRP, Stellar, Dogecoin, Solana, and others posted more moderate gains.
The market’s next test is whether Bitcoin can rise above the current area between $62K and $63K, while altcoin momentum continues into the weekend.

The post Bitcoin Holds Above $62K as HYPE, ADA Lead Altcoin Recovery: Weekend Watch appeared first on CryptoPotato.
Crypto World
Bitcoin ETFs end 10-day outflow streak as weak jobs data lifts market sentiment
U.S. spot Bitcoin exchange-traded funds have recorded $221.7 million in net inflows, ending a 10-day withdrawal streak as softer U.S. economic data and easing Federal Reserve rate concerns helped Bitcoin recover from this week’s lows.
Summary
- U.S. spot Bitcoin ETFs recorded $221.7 million in inflows, ending a 10-day streak of net withdrawals.
- Weak U.S. jobs data and softer Fed comments helped Bitcoin rebound about 7.7% from its weekly low.
- Analysts pointed to strong historical July performance and late-cycle trends as sentiment improved.
According to data from SoSoValue, Thursday’s inflows were the strongest daily total in about two months after investors pulled nearly $2.7 billion from the funds during the previous 10 trading sessions.

The rebound came as Bitcoin (BTC) climbed back above $61,000 after briefly dropping below $58,000 earlier this week. Per data from crypto.news, the cryptocurrency was recently trading near $62,500, about 7.7% above its weekly low.
Weak economic data revives ETF demand
Fidelity’s FBTC attracted the largest share of new money with $166 million in inflows, while ARK 21Shares’ ARKB added $91.8 million and VanEck’s HODL received $4.4 million. BlackRock’s IBIT remained the only major fund to post net withdrawals, losing $40.4 million and extending its outflow streak that began in mid-June.
The latest buying followed one of the toughest periods on record for U.S. spot Bitcoin ETFs. SoSoValue data showed the products lost roughly $4.5 billion during June, making it their worst monthly performance since launch.
The turnaround came after the U.S. Labor Department reported that nonfarm payrolls increased by only 57,000 in June, far below market expectations of around 110,000. At the same time, Federal Reserve Chair Kevin Warsh indicated that inflation risks had eased, reducing expectations of additional interest rate increases and weakening the U.S. dollar.
The combination of weaker labor market data and a less hawkish tone from the Fed improved investor appetite for risk assets, helping Bitcoin recover alongside renewed demand for spot ETF products.
Ethereum investment products also benefited from the improved sentiment. Notably, U.S. spot Ethereum ETFs attracted $14.9 million in net inflows on Wednesday, followed by another $29.1 million on Thursday.
Historical July trends add to recovery narrative
While the ETF rebound was driven by macroeconomic developments, several market participants pointed to historical price patterns that could support Bitcoin during July.
In a July 4 X post, analyst Cyclop said that Bitcoin has recorded gains exceeding 20% during July in every previous bear market, citing CoinGlass monthly return data. The post suggested the current recovery could resemble earlier bear-market rallies, although it did not predict that history would necessarily repeat.
Separately, crypto analyst Ardi argued that Bitcoin may be entering the final phase of its current correction based on previous market cycles. According to Ardi, earlier Bitcoin bear markets typically spent around one year forming a bottom, while the current correction has lasted roughly nine months.
He estimated this would place the market about three months away from the period that has historically offered the highest probability for a cycle low, although he cautioned that any bottom could arrive earlier or later than that statistical window.
Despite those historical comparisons, Thursday’s ETF inflows were tied directly to changing macroeconomic expectations, with investors responding to fresh U.S. economic data and signs that pressure for additional Federal Reserve tightening may be easing.
Crypto World
ESMA Finds Many Prediction Market Contracts Already Covered by EU Rules
European regulators are warning that many “prediction market” products can fall under existing rules for binary options—even when providers frame them as event contracts rather than financial wagers. In a public statement issued this Friday, the European Securities and Markets Authority (ESMA) reminded firms that regulatory classification depends primarily on contract design, not on marketing language.
Meanwhile, the legal fight over prediction markets is intensifying in the United States, where state gaming authorities and the Commodity Futures Trading Commission (CFTC) disagree over whether these offerings should be treated as gambling or as federally regulated derivatives. The parallel developments highlight how quickly prediction market platforms are colliding with established financial services and gaming frameworks.
Key takeaways
- ESMA says event contracts can already be caught by binary options restrictions if they meet the definition of a financial instrument.
- ESMA emphasizes that the assessment is based on contract characteristics—binary outcomes and fixed payouts are likely to trigger the rules.
- Offering qualifying event contracts to professional or institutional clients may still require authorization under MiFID II, ESMA cautions.
- In the US, a growing split between state regulators and the CFTC continues to drive litigation involving major prediction market platforms.
ESMA’s warning: marketing won’t change regulatory classification
ESMA’s statement clarifies that firms cannot bypass financial regulation by rebranding binary-like products as “event contracts.” The regulator pointed out that contracts meeting the definition of financial instruments are already prohibited from being marketed, distributed, or sold to retail investors under national measures implementing ESMA’s 2018 restrictions on binary options.
Importantly, ESMA says providers should not expect outcomes to hinge on how products are described to the public. Instead, regulators will look at the underlying terms and structure of the contract itself. ESMA noted that event contracts featuring binary outcomes and fixed payouts are particularly likely to qualify as financial instruments subject to the restrictions.
ESMA also underscored that the question of authorization does not disappear when retail customers are excluded. Even when a firm limits access to professional or institutional clients, ESMA says offering event contracts that qualify still requires authorization under the EU’s Markets in Financial Instruments Directive (MiFID II).
According to ESMA, the reminder does not introduce new rules. The agency said it issued the warning after observing increased offerings of event contracts and noting the rapid growth of prediction markets. While ESMA’s intervention is framed as an enforcement clarification, its message is direct: where products resemble binary options in substance, the existing compliance and marketing limits from 2018 can be triggered.
ESMA’s public statement is available via the regulator’s website: ESMA35-243228190-8148 Public Statement on the application of the national product intervention measures on binary options to event contracts.
Why this matters for prediction market operators in Europe
For prediction market platforms operating in the EU, ESMA’s key practical implication is that product design and payoff mechanics are likely to be the deciding factors for compliance. Providers that market contracts as “event exposure” rather than as wagers may still face restrictions if contract terms align with binary option characteristics.
That matters because the boundary between “financial instrument” and “permitted market activity” can be narrow. ESMA’s framing suggests that firms should review how settlement works (binary resolution), how payouts are determined (fixed payouts), and how investor access is structured (retail versus professional/institutional). Where those elements resemble a binary outcome with pre-defined payoff mechanics, the products may fall under measures already implemented by EU member states.
While ESMA did not claim the rules are new, its intervention signals an enforcement posture: firms should expect regulators to treat nomenclature as secondary and to focus on contract substance. In practice, this can affect go-to-market strategy, client eligibility, and authorization planning under MiFID II.
US courts and regulators: states versus the CFTC
Across the Atlantic, prediction markets are caught in a different conflict—one tied to jurisdiction. The ongoing dispute pits state gaming regulators against the CFTC, with each side offering a distinct legal characterization of event contracts.
According to Cointelegraph’s earlier reporting, by March authorities in 11 states had taken legal or regulatory action against platforms including Kalshi and Polymarket. Nevada was reported as the first state to temporarily block Kalshi’s operations, while Arizona brought criminal charges alleging Kalshi was running an illegal gambling business.
In April, the CFTC asserted what it described as “exclusive jurisdiction” over prediction markets. The agency argued that Congress entrusted it with sole authority to regulate commodity derivatives markets, including event contracts, and it said it had sued several states and filed court briefs supporting platforms such as Kalshi. The relevant announcement is posted on the CFTC website: CFTC.gov press release.
Litigation escalates, and pressure grows for federal clarification
As the federal-state standoff continues, the legal momentum has not gone quiet. On June 30, a Massachusetts judge reportedly allowed state authorities to file an amended complaint in an ongoing lawsuit accusing Kalshi’s sports-event contracts of constituting illegal gambling under state law. Earlier coverage also highlighted how the litigation expanded as regulators sought to push the case forward under state gambling statutes.
The dispute has also drawn calls for legislative intervention. Last month, the Indian Gaming Association and American Gaming Association—along with tribal and labor groups—urged lawmakers to amend the CLARITY Act. Their position, as described in Cointelegraph coverage, is that sports-related event contracts on prediction market platforms should be explicitly prohibited, arguing they fall outside the CFTC’s authority and should remain subject to state gambling laws. The push reflects a broader attempt to resolve the uncertainty created by competing interpretations of federal versus state oversight.
Some legal experts expect the outcome to depend on how courts ultimately reconcile the federal CFTC role with state gaming authority. Cointelegraph previously noted that the growing conflict could be decided by the US Supreme Court, underscoring that the issue may reach the highest level rather than being settled through routine regulatory filings.
What to watch next
In Europe, the most immediate signal is ESMA’s insistence that contract structure—not marketing labels—will determine whether event contracts are treated like binary options and whether MiFID II authorization is required. In the US, the next developments likely hinge on how courts handle jurisdiction and whether federal legislation steps in to reduce the split between state enforcement and the CFTC’s claimed authority.
Crypto World
5 Japanese Crypto Kols YouTube Channels to Follow
If you are trying to learn about crypto in Japanese, YouTube is the best place to do it. Japan has one of the most active crypto communities in Asia, and most people here turn to YouTubers they trust for research, market analysis, and clear explanations far more than they turn to ads or news headlines. It helps that paid crypto ads are heavily restricted across Google and Meta in Japan, which has pushed independent creators to the center of how people find projects and figure out the market.
The tricky part is knowing who is actually worth your time. Crypto YouTube is crowded, and the quality runs the full range from genuinely useful to pure hype. So to save you the digging, here are five of the most-watched Japanese crypto channels in 2026, what each one is about, how they differ, and who each is right for, whether you are opening your first exchange account or fine-tuning a strategy you already have
The five Japanese crypto YouTube channels worth following in 2026 are Coin Exploration Club, CoinSensei JP, Learn Crypto Together, SatoshiLab Japan, and Moshin / ビットコイン. Here is what you get from each.
1. Coin Exploration Club

Channel: Coin Exploration Club
Coin Exploration Club is one of the biggest and most beginner-friendly Japanese crypto channels around, and a great place to start if you are new. It covers weekly crypto news, introductions to trending tokens and projects, airdrop info, and simple tutorials on the practical stuff like signing up for an exchange and setting up a wallet.
The big draw is how approachable it is. The content is made for people who are curious about crypto but do not have the vocabulary for it yet, so things are explained from the ground up instead of assuming you already know the lingo. And because it posts weekly, you get a steady stream of updates without feeling buried, which is exactly what most people need in their first few months.
Focus: Weekly news, token and project introductions, airdrop guides, beginner tutorials Best for: Beginners who want regular news and easy, practical how-tos
2. CoinSensei JP

Channel: CoinSensei JP
CoinSensei JP means “Coin Teacher Japan,” and the name fits both the style and the schedule. It posts almost every day, which very few Japanese crypto channels manage to keep up, and covers Bitcoin, Ethereum, altcoin analysis, airdrop updates, and Web3 education in clear, easy Japanese.
That consistency is what makes it click. When a channel shows up in your feed nearly every day, it becomes part of your routine, and that daily drip is one of the best ways to build your understanding little by little instead of all at once. The teacher angle suits its beginner-friendly, low-jargon approach, so it is easy to keep up with even while you are still finding your feet.
Focus: Bitcoin and Ethereum analysis, altcoin breakdowns, airdrop info, Web3 education Best for: Beginners who want a daily habit and steady, easy-to-follow commentary
3. Learn Crypto Together (緒に学ぶクリプト)

Channel: Learn Crypto Together
Learn Crypto Together, whose Japanese name 緒に学ぶクリプト means exactly that, is the smallest and newest channel on this list, and that is part of the charm. Where the bigger channels feel like polished broadcasts, this one feels more like learning alongside a friend, which some people connect with more easily.
It focuses on market analysis across the three coins most Japanese investors actually hold: Bitcoin, Ethereum, and Solana. As a viewer you get a closer, less crowded relationship with a creator who is earlier in their own journey, and that can make the whole thing feel more relatable than a slick channel with a huge audience.
Since it is newer and smaller, it is worth keeping the usual common sense in mind. Double-check claims yourself, and be careful with any links that try to pull you into private messaging groups until you have a good reason to trust the source.
Focus: Bitcoin, Ethereum, and Solana market analysis in a casual, learn-together style Best for: Viewers who like following a smaller creator and want regular updates on the major coins
4. SatoshiLab Japan

Channel: SatoshiLab Japan
SatoshiLab Japan is one of the most complete Japanese crypto channels in 2026, and probably the best one if you want to learn how to actually think about crypto rather than just keep up with the headlines. The core is Bitcoin, Ethereum, and Solana, and from there it branches into crypto news, market analysis, exchange reviews, hardware wallets, airdrop guides, DeFi, and wider Web3 topics, all in clear, well-organized Japanese.
What sets it apart is that it leans on research and patience instead of hype. It is built to work for everyone from total beginners to experienced traders, and the goal is to help you genuinely understand what you are looking at rather than chase every price move. That tends to leave you a lot more confident and a lot better informed.
It also keeps a clear disclaimer habit, openly reminding viewers to do their own research before making any decision. In a market that gets more scrutiny every year, that kind of honesty is a good sign you are watching someone who respects your judgment instead of trying to rush it.
Focus: BTC, ETH, and SOL analysis, crypto news, exchange and hardware wallet reviews, DeFi and Web3 education Best for: Beginners who want to build good habits, and intermediate viewers who want real depth
5. Moshin / ビットコイン

Channel: Moshin ビットコイン
Moshin / ビットコイン is the most one-of-a-kind creator on this list. Most crypto channels open with charts and numbers, but Moshin opens with his own story, and that honesty has earned him one of the most loyal audiences in Japanese crypto YouTube. The channel is verified and has one of the biggest video libraries of any Japanese crypto creator, so there is plenty to dig through.
His story is a big reason people stick around. By his own account, he went from hitting financial rock bottom, to passing 100 million yen in unrealized gains in 2021, to losing it all by not taking profit, then rebuilding his approach in 2022 and becoming a 億り人 (someone with over 100 million yen in assets) again in 2024. Being that open about the failures as well as the wins is rare in this space, where most creators only show the good parts, and it is a big part of why people trust him on a personal level.
His motto, roughly “serious, sincere, humble,” runs through the whole channel. He talks about Bitcoin, the global economy, and Web3 in plain, down-to-earth language for people who are sick of jargon-heavy explainers. The thumbnails and titles are dramatic, which is just how the format works, so judge him on the analysis itself rather than the packaging.
Focus: Daily Bitcoin analysis, global economy commentary, Web3 updates, personal investing experience Best for: Viewers who want a daily market read and care more about authenticity than polish
What you will learn: Daily Bitcoin analysis, global economy and Web3 commentary, real personal investing experience Best for: Viewers who want a daily market pulse and value authenticity over polish
Frequently Asked Questions
Which Japanese crypto YouTube channel is best for beginners? CoinSensei JP and Coin Exploration Club both serve beginners well. CoinSensei JP posts frequently with accessible market commentary, while Coin Exploration Club focuses on project introductions and step-by-step tutorials. SatoshiLab Japan is also beginner-friendly and teaches better research habits.
Do I need to speak Japanese to follow these channels? These channels are in Japanese, so they are ideal for Japanese speakers and learners. If you do not speak Japanese, YouTube’s auto-translated captions can help, though some nuance in market analysis will be lost.
Which channel is best for daily Bitcoin analysis? Moshin / ビットコイン posts the most frequently, with daily Bitcoin and macro commentary from an active trader. It is the strongest pick if you want a daily market pulse.
Is crypto YouTube content financial advice? No. These channels are educational and informational. None of them, and this article does not, give personalized financial advice. Crypto is volatile and risky, so always do your own research before investing.
How do I choose the right channel for me? Match the channel to where you are. New to crypto? Start with Coin Exploration Club or CoinSensei JP. Want to learn how to research? SatoshiLab Japan. Want daily market reads with a personal voice? Moshin. Prefer a smaller, community-style channel? Learn Crypto Together.
Final Thoughts
Japanese crypto YouTube has grown well past the price-hype days, and these five channels together cover the whole learning curve. Coin Exploration Club and CoinSensei JP are perfect for getting started, SatoshiLab Japan teaches you how to research, Moshin gives you the daily market read, and Learn Crypto Together lets you grow alongside a smaller creator.
And if you are on the other side of the screen, looking to promote your own crypto project in Japan or work with Japanese influencers like the ones above, that is exactly what we do at Satoshi Consulting. We help projects break into the Japanese market the right way, with proper localization, the right creator partnerships, and campaigns built for how Japanese investors actually research and buy. Get in touch to talk through your project.
Crypto World
Nigel Farage faces watchdog probe over alleged Tether lobbying
Nigel Farage has been reported to the UK Parliament’s standards watchdog over allegations that he lobbied the Bank of England on cryptocurrency policy in ways that could benefit one of his largest political backers, a major investor in stablecoin issuer Tether.
Summary
- Nigel Farage has been reported to Parliament’s standards watchdog over alleged Tether-related lobbying.
- Labour MPs have questioned Farage’s meeting with the Bank of England over crypto policy.
- Donations from Tether investor Christopher Harborne remain under separate parliamentary scrutiny.
According to The Guardian, Labour MP Phil Brickell has asked Parliamentary Commissioner for Standards Daniel Greenberg to investigate whether the Reform UK leader breached parliamentary rules by engaging with the Bank of England after receiving financial support from British billionaire Christopher Harborne.
Under parliamentary rules, MPs are barred from lobbying ministers or public officials on behalf of individuals who have paid them within the previous 12 months.
Brickell told The Guardian that Farage publicly supported Tether, criticized proposed limits on stablecoins, and promised to challenge the Bank of England’s position before meeting Governor Andrew Bailey. Brickell also claimed Farage later said he had persuaded the central bank to soften its approach.
Complaint centers on Bank of England crypto meeting
At the center of the complaint is a private meeting held in September 2025 between Farage and Bailey. According to The Guardian, Farage urged the Bank to abandon plans for a UK central bank digital currency, often referred to as “Britcoin,” a proposal he has previously said he would rather go to prison than support.
Soon afterward, Farage publicly claimed he had influenced the Bank’s thinking. Last week, the Bank of England dropped a proposed £20,000 limit on individual stablecoin holdings, a restriction Farage had repeatedly criticized.
Meanwhile, Labour MP Joe Powell has written separately to Bailey seeking details of the meeting. In his letter, Powell argued that decisions affecting the UK’s financial system, including those involving a digital pound, should be made independently and in the public interest rather than through private discussions that could benefit individual investors, according to The Guardian.
The Bank of England said the September meeting formed part of its routine engagement with political figures. The central bank acknowledged that Bailey and Farage held different views on the digital pound but has not released minutes or additional details from the meeting.
Harborne donations draw additional scrutiny
Brickell has argued that the case extends beyond cryptocurrency policy because it raises questions about whether an MP who has received millions from a single donor should promote policies that could increase the value of that donor’s investments.
Harborne, a British businessman based in Thailand, owns a 12% stake in Tether, the company behind the USDT stablecoin, and ranks sixth on the Sunday Times Rich List.
According to The Guardian, Farage accepted an undeclared £5 million ($6.7 million) gift from Harborne before standing in the July 2024 general election. Because Farage had not yet announced his candidacy for Parliament, the payment was not declared to parliamentary authorities at the time.
The report also said Harborne later made two separate £25,000 political donations to Farage in January 2025 and February 2026 to fund trips to the United States and the Chagos Islands. During the same period, Reform UK reportedly received another £15 million ($20.1 million) from Harborne. Greenberg is already conducting a separate investigation into whether the earlier £5 million gift should have been declared.
Farage and Harborne have both said the billionaire expected nothing in return. Farage has described the payment as unconditional and a private matter, although The Guardian noted that his explanation has changed over time, ranging from funding his personal security to rewarding his role in the Brexit campaign before later saying he was free to spend the money as he wished. Reform UK has rejected the allegations as “utter rubbish,” while Labour has accused Farage of avoiding proper scrutiny.
Farage has long positioned himself as a supporter of digital assets, previously calling for the UK to establish a strategic Bitcoin reserve and advocating lower capital gains taxes on cryptocurrency investments.
Crypto World
XRP price jumps 8%, Ripple-linked token may provide great risk-reward at these levels
XRP holders are underwater by more, on average, than they have ever been, according to onchain data that some traders treat as a contrarian floor signal.
The reading comes from MVRV, or market value to realized value, a ratio that compares XRP’s price with the average price at which its supply last moved.
When it sits below zero, the typical holder is carrying a loss. XRP’s 30-day MVRV is around -45% and its 365-day version around -47%, so both recent buyers and those who have held for a year are deep in the red.
Combined, the two are at their lowest in XRP’s history, analytics firm Santiment said in a Friday post.
That describes a capitulation, the phase where holders sit on steep unrealized losses and weaker hands sell out to those willing to absorb the coins. Santiment is careful to call this a risk-reward point, instead of a price call.
“The best setups often appear when the crowd is feeling maximum pain,” the firm wrote, stating that so much downside has already been taken on that adding here carries less risk than usual, while noting price can still fall further if the broader market weakens.

XRP has climbed even as that reading stays depressed. The token is up about 8% over seven days to around $1.14, per CoinDesk data, among the week’s stronger majors.
-
Tech6 days agoBluekit phishing kit adopts browser-in-the-middle for login theft
-
Fashion15 hours agoWeekend Open Thread: High Hopes
-
Tech6 days agoClaude Code turned every engineer into three. Now companies need more product thinkers
-
Crypto World4 days agoStrategy authorizes up to $1.25B in Bitcoin sales under new capital plan
-
Politics21 hours agoThe House | “Reframing the debate from a binary discussion of winners and losers”: Yuan Yang reviews ‘We Are Not Machines’
-
News Videos6 days agoMAJOR BITCOIN & MARKET UPDATE!!!! (MUST WATCH ASAP!!!)
-
Tech4 days agoAnonymous researcher drops 0-day ‘exploitarium’ repo
-
Crypto World7 days agoCoinbase, Circle Deepen Crypto Stock Losses Despite Resilient S&P 500
-
Business4 days agoAustralia treasurer says alleged access of prime minister’s bank data ’incredibly concerning’
-
Tech7 days agoRussian hackers now target Signal backup recovery keys
-
Business5 days agoThe AI boom won’t burst all at once. It will pop in ‘rolling bubbles’: Macquarie
-
Sports3 days agoBroncos roster: OL Ben Powers (No. 74) entering final year of contract
-
Crypto World2 days agoBinance stock trading tops $1B in first month after launch
-
NewsBeat3 days agoPresenter Caroline Flack’s brother Paul Flack dies aged 55
-
Tech7 days agoSilicon Valley paid to kill AI regulation, now it wants the rules back
-
Tech7 days agoOpenAI mulls delaying IPO over valuation concerns
-
Crypto World2 days agoAlibaba-affiliate Ant Group enters the humanoid robot market with 12 deals
-
News Videos4 days agoHow to Build INSANE Live Financial Dashboards With Claude
-
NewsBeat2 days agoNew exhibition reflects five decades of movement between island of Ireland and GB
-
Business1 day agoWhat a 10 Percent Drop Means for Buyers, Sellers and Renters


You must be logged in to post a comment Login