Onchain, in court: What happened in crypto legal news this week
A case tied to defunct crypto exchange FTX moves forward, a soldier seeks to dismiss over a Polymarket bet and a former congressman was ordered to pay $35,000…
Bitcoin mining difficulty shrinks 14% from this year's high as plunging revenues force operators to pivot
Difficulty falls as weak mining economics reduce capacity, while forward markets signal little relief through yearend. Source：CoinDesk
RWA perps will outpace tokenization
Tokenization was crypto's first big export to TradFi. Perps are next, says Martin Lee, markets insight lead at DWF labs. Source：CoinDesk
RWA perpetual futures volume nears Bitcoin on Hyperliquid, Binance
RWA perpetual futures reached 99.2% of Bitcoin perpetual volume on Hyperliquid and Binance as tokenized equities led trading. Source：Cointelegraph
GDP shows the economy grew 1.5% in the second quarter — but it’s even better than it looks
Consumer spending and business investment in AI drive the economy forward Source：MarketWatch
Oil prices decline further after Trump claims ‘deep talks’ are underway with Iran
Brent crude and West Texas Intermediate’s frontmonth contracts fell again as the U.S. and Iran continue to pause fighting. Source：MarketWatch
Crypto Biz: Is the AI-to-crypto rotation underway?
Bitcoin ETF inflows, cooling AI momentum and potential regulatory progress under the CLARITY Act are fueling speculation that capital is rotating back into…
RWAs become Hyperliquid’s largest trading category
Tokenized RWA trading became Hyperliquid’s largest trading category for the first time, accounting for more than half of the decentralized exchange’s weekly…
Brazil puts tokenized cows to work as loan collateral: Report
Ten tokenized dairy cows backed a $19,600 loan registered on Brazil’s B3, in one of Brazil’s first uses of tokenized livestock as loan collateral.…
Oil prices could surpass $120 per barrel if disruptions in Strait of Hormuz don’t ease, says Goldman Sachs
Analysts at the investment bank, led by Daan Struyven, see oil prices averaging $100 a barrel next year if traffic continues to be affected through the…
Gambling on random Pokémon cards: Onchain gagcha hits record high as crypto sinks
Users spent a record $324 million on onchain gacha in June, even as Bitcoin hit a 21month low. The thrill of scoring a top Pokemon card from a random pack is…
This isn’t a plan to save Social Security. It’s a plan to have a plan.
A bipartisan group of senators, most of whom are retiring, is trying to move the ball forward just a little. Source：MarketWatch