US-Crypto

More than $200 million can buy campaign reach. It cannot guarantee the 60 Senate votes crypto legislation needs. Public Citizen, cited by CNBC, calls crypto the largest cohort of single-issue super PACs in US history. November 3 will help decide who writes the next bill; it will not erase the procedural hurdle or reset agency calendars. Where the money went Reuters reports roughly $176 million spent across more than 100 midterm races, after about $250 million in 2024. Spending and contributions measure different things; those totals should not be added together. ...

About $12.37 billion of Bitcoin options across Deribit, OKX and Bybit expires Friday, October 30, at 08:00 UTC—4:00 a.m. Eastern—according to the Swiftedge snapshot supplied for this analysis. That is outstanding contract exposure, not an incoming Bitcoin purchase order, and the much-discussed $78,000–$79,000 max-pain zone is a description of positioning, not a forecast. What the expiry number measures The Swiftedge snapshot, dated October 29 at 01:05 UTC, counts 152,888 BTC of open interest, worth approximately $12.37 billion, or 34% of all open BTC options across the covered venues. Those are dated observations; live trackers can change as prices and positions move. ...

120 days after a complete submission. Substantially lower penalties. Those are the targets IRS Criminal Investigation chief Jarod Koopman set for the revamped Voluntary Disclosure Practice on October 23, 2026. The overhaul is “very close,” he said, with release planned before December begins. The final terms are not published. For a US crypto holder ignoring a six-figure cost-basis problem, the potential change is concrete: a different price and timetable for admitting intentional tax noncompliance under a framework dating to 2018. Unreported gains, sales on foreign exchanges and mixer transactions still require records and explanations. Form 1099-DA reporting now gives the IRS custodial-broker data on US users; a missing basis history remains the holder’s problem to reconstruct. ...

Phantom’s March regulatory letter now has a US trading interface. On October 23, the wallet began a staged rollout of Kalshi prediction markets, turning conditional relief from broker registration into a way to trade inside the app. The interface brings the market closer; the money backing a position still leaves the wallet’s self-custody perimeter. In Phantom’s launch announcement, General Counsel Kevin Jacobs says access will expand over the coming weeks through its first US integration with Kalshi. Phantom explicitly says it is not CFTC-registered. KalshiEX LLC offers the markets. ...

Three separate moves landed in the same news cycle this week, and together they tell one story: the US crypto regulatory map is being redrawn in real time, and no single agency is driving the pen. The SEC canceled a key crypto regulatory meeting, the CFTC signaled it will join the SEC in exploring crypto rules without waiting for the CLARITY Act, and a crypto coalition threw its weight behind Custodia Bank in a Supreme Court fight over Federal Reserve master-account access. For US investors, the combined message is that jurisdiction, banking access, and tax reporting are all on the table at once. ...

On August 13, the City of Baltimore sued prediction-market platforms Kalshi and Polymarket, opening what legal observers are calling the first case in which a US city government has taken prediction markets to court. The lawsuit pulls three of the biggest names in American retail investing into the fight, because Kalshi runs event-contract offerings through Coinbase, Robinhood, and Webull. For US crypto investors, the case matters far beyond one city: it will help decide whether sports-style event contracts belong under federal CFTC oversight or under a patchwork of state gaming laws. ...

Fidelity is adding Ether ETF staking to its flagship Ethereum fund, unlocking a steady stream of yield for US shareholders. The Fidelity Ethereum Fund (ticker: FETH), which holds close to $900 million in assets, will begin staking a portion of its Ether and passing the rewards to investors as quarterly distributions. It is one of the first major yield-bearing crypto ETFs in the US market, and it turns a passive Ethereum position into an income-producing asset inside a standard brokerage account. ...

Ethereum staking is no longer a niche DeFi experiment — it’s a multi-billion-dollar institutional industry. In August 2026, the landscape shifted again: Grayscale announced it would stake 161,000 idle ETH from its Ethereum Mini Trust ETF, unlocking quarterly cash yields for US shareholders. Simultaneously, a new Ethereum Improvement Proposal threatens to cut staking rewards by 13%, the SEC continues to tighten its grip on staking-as-a-service, and the IRS keeps treating every staking reward as a taxable event the moment it hits your wallet. ...

Why Binance Earn Matters for US Investors in 2026 Letting your crypto sit idle is like keeping cash under a mattress while inflation eats away at its value. As of August 2026, the US inflation rate hovers around 3.2%, and traditional high-yield savings accounts offer roughly 4.5% APY. Meanwhile, Binance Earn products can deliver 4%–15%+ on your crypto holdings — a meaningful spread that compounds over time. Binance Earn manages over $16 billion in user assets globally. For US-based investors, however, there’s an important distinction: Binance.com (international) and Binance.US operate as separate platforms with different product availability, following the 2023 SEC consent order and subsequent regulatory framework. ...