Mostly Bitcoin — Daily Digest

Last 24 hours of mainstream crypto coverage

July 12, 2026

World Cup bets on prediction markets may get tax edge over gambling — fortune.com

Americans using prediction markets to bet on the World Cup may face a lighter tax burden than peers wagering through sportsbooks thanks to tax breaks aimed at investments. While the tax rules governing gambling are clear, the rise of prediction market bets

The Supreme Court Broke Independent Agencies. Here’s a Way to Slow the Damage. — thebulwark.com

(Photo illustration by Bill Kuchman/The Bulwark | Photos: Shutterstock) THE SUPREME COURT on the next-to-last day of its term ended the commonsense principle that officials serving on independent regulatory commissions can be protected from being fired for

Nigel Farage is just one strand in the tangle of rightwing politicians and crypto investors | John Harris — theguardian.com

These financiers want to remodel the UK into a form that suits them – one that could threaten to erode the barriers between crime and business This coming Tuesday, the government’s representation of the people bill comes back to the House of Commons for

3 reasons Bitcoin is stuck in a bear market—and why one analyst predicts a rebound to $100,000 by year-end — fortune.com

Bitcoin has seen better days. In October, the world’s largest cryptocurrency plummeted—and it hasn’t recovered, trading at around half of its all-time high of $126,000. Despite brief glimmers of upward momentum, the token continues to tread water amid a