🔍Market Summery

Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.

Polymarket Brazil Presidential Election Market Reaches $1.255 Billion Pool

Polymarket Brazil Presidential Election Market Reaches $1.255 Billion Pool

Polymarket’s Brazil presidential election market is among the most actively traded on the platform, with the cumulative pool reaching $1.255 billion. According to ChainCatcher, the leading consensus choice is Luiz Inácio Lula da Silva, with an implied win probability of about 65.5%.

Ireland plans industry standards for illicit crypto use

Ireland plans industry standards for illicit crypto use

The government of Ireland published a comprehensive anti-money laundering strategy, detailing how the country would address digital assets potentially used for illicit purposes.In a Thursday notice, Ireland’s government released its first National Anti-Money Laundering, Countering Financing of Terro…

U.S. Crypto Holders Reported Only 32% to 56% of Trades to Federal Government, Study Estimates

U.S. Crypto Holders Reported Only 32% to 56% of Trades to Federal Government, Study Estimates

A March research report in the academic journal Review of Accounting Studies estimated that only 32% to 56% of U.S. cryptocurrency holders reported transactions to the federal government. According to Odaily, the IRS will require brokers to send investors Form 1099-DA starting with the 2025 tax year…

CLARITY Act News Update: U.S. Senate Delays Crypto Bill Vote Until September

CLARITY Act News Update: U.S. Senate Delays Crypto Bill Vote Until September

The U.S. Senate has officially delayed the CLARITY Act vote until September after senators failed to reach an agreement before the August recess. While the crypto market structure legislation still has bipartisan backing, several unresolved issues prevented Senate leaders from moving it forward this…

Unlimit Gains MiCA, But Stablecoin Still Point to EMI Overlap

Unlimit Gains MiCA, But Stablecoin Still Point to EMI Overlap

The latest inclusion in the CySEC MiCA register, payments company Unlimit, underscores the practical necessities of doing business in the EU. As Irene Skrynova, Chief Executive of Global Payments at Unlimit, pointed out in the announcement, operating crypto asset services in the bloc previously mean…

Hungary Set to Drop Tough National Crypto Rules After Near-Total Industry Exodus

Hungary Set to Drop Tough National Crypto Rules After Near-Total Industry Exodus

Just eight days after becoming the first Hungary-based provider to receive a MiCA licence, CoinCash said the country's parliament had approved legislation repealing Hungary's additional national crypto-asset requirements.CoinCash received its MiCA licence on July 20 following a 16-month review proce…

Fed Policy Could Diverge from ECB, BOE into 2027 — Market Talk

Fed Policy Could Diverge from ECB, BOE into 2027 — Market Talk

1136 ET - While markets price in just over 50 basis points of hikes at the Federal Reserve, Bank of England and European Central Bank by mid-2027, there is likely to be a divergence in policy paths into next year, Capital Economics' Neil Shearing says in a note. Should the Iran war come to a close, …

2026 Midterm Elections Draw Crypto Voter Focus as Stand With Crypto Cites Poll Results

2026 Midterm Elections Draw Crypto Voter Focus as Stand With Crypto Cites Poll Results

With 100 days left before the 2026 midterm elections, crypto advocacy group Stand With Crypto said on X on July 26 that nearly 70% of surveyed crypto holders said a candidate’s crypto position would affect their vote, and nearly 80% said they are almost certain to vote. According to Odaily, the grou…

CBDT's latest crypto tax guidance: Key takeaways for investors

CBDT's latest crypto tax guidance: Key takeaways for investors

The Central Board of Direct Taxes (CBDT) has issued a revised Guidance Note on the Foreign Account Tax Compliance Act (FATCA) and the Common Reporting Standard (CRS), bringing crypto-assets within India's updated tax information reporting framework in line with the OECD's Crypto-Asset Reporting Fram…

CFTC Faces Calls for More Resources as Prediction Market Oversight Debated

CFTC Faces Calls for More Resources as Prediction Market Oversight Debated

Lawmakers in the US House Committee on Agriculture’s Subcommittee on Commodity Markets, Digital Assets, and Rural Development held a Tuesday hearing on how the Commodity Futures Trading Commission could oversee prediction market companies, including discussion of pending crypto market structure legi…

Russian parliament passes law regulating crypto market

Russian parliament passes law regulating crypto market

Russia’s State Duma has approved a bill establishing rules for the cryptocurrency market, setting conditions for crypto asset operations inside the country and for cross-border trade.The parliament approved bill No. 1194918-8, titled “On Digital Currency and Digital Rights,” in its second and third …

Mike Novogratz Urges Bipartisan Compromise on the Clarity Act

Mike Novogratz Urges Bipartisan Compromise on the Clarity Act

Galaxy Digital Chief Executive Officer Mike Novogratz called on Republicans and Democrats to compromise on the Clarity Act. According to Odaily, Novogratz said the bill is important for the U.S. future and only needs wording work on ethics-related provisions.He said the public does not allow politic…