The Commodity Futures Trading Commission (CFTC) sued Kentucky in federal court on June 23 to block the state’s crackdown on Kalshi and Polymarket – its ninth such suit since April, and the first against a state with a Republican attorney general.
Strategy should halt its bitcoin purchases and rebuild its cash reserves, research firm Cryptoquant warned, after the company’s dividend coverage collapsed from more than seven years to just 14 months and its preferred stock kept trading below face value. Key Takeaways: