Daily Crypto Roundup: Cooling CPI Lifts Bitcoin, Prediction Markets Explode & BIP-110 Sparks Bitcoin Battle

Welcome back to the Daily Crypto Roundup from Crypto News Today.

Today, Bitcoin moves higher after a much cooler-than-expected U.S. inflation report dramatically reduces fears of another immediate Federal Reserve interest rate hike.

We also break down the extraordinary rise of prediction markets during the 2026 World Cup, with platforms including Kalshi and Polymarket generating enormous trading volumes and beginning to challenge the traditional sportsbook industry.

Then we look at the major battle erupting over the future of Bitcoin itself, as BIP-110 sparks a fierce debate about who gets to decide what the Bitcoin blockchain should and should not be used for.

JPMorgan is also warning that the explosive rise of Hyperliquid could threaten the economics of Circle and Coinbase, with billions of dollars in USDC now sitting on the decentralised trading platform.

And finally, President Donald Trump is putting fresh pressure on the U.S. Senate to pass the CLARITY Act as the fight over America's future crypto regulatory framework intensifies.

• U.S. inflation cools far more than expected • Bitcoin reacts as fears of another Fed rate hike fade • Prediction markets explode during the 2026 World Cup • Kalshi and Polymarket challenge traditional sportsbooks • BIP-110 sparks a major Bitcoin governance battle • Who actually decides the future of Bitcoin? • JPMorgan warns about Hyperliquid's impact on USDC economics • Circle and Coinbase face a new stablecoin distribution dilemma • Trump pushes the Senate to pass the CLARITY Act • What all of this could mean for the future of the crypto market

Stay informed, stay patient, and remember why you entered this market in the first place.