Crypto

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Crypto

Bitcoin Approaches 'Crucial' Reversal Zone as $72K Gets Closer

Bitcoin (BTC) dropped to $72,395 on Bitstamp at the US trading open, sinking to six-week lows even as US stocks climbed to record highs. The S&P 500 and the Dow Jones Industrial Average both began Friday with new records, with momentum driven by anticipation of a lasting

Crypto

What American crypto asset perpetuals mean for the future of crypto

The Commodity Futures Trading Commission this morning permitted a CFTC-registered exchange to list a true bitcoin perpetual contract, opening a path for one of the most liquid crypto market segments to operate within the U.S. regulatory framework. Having true perpetual contracts in the United States is a major step

Crypto

Bitcoin at 'Pivotal Level' as $65K Downside Risk Looms

Michael van de Poppe, founder of MN Trading Capital, said Bitcoin is at a pivotal level and warned that 'if it doesn't hold, we're buying at Market participants remain split on whether the February $60,000 marked the cycle bottom. Veteran trader Peter Brandt said

Crypto

Bitcoin off the lows after Trump post but set to finish May with losses

A Truth Social post from President Trump saying he was in the "Situation Room" to make "a final determination" on the Iran peace deal and that a naval blockade of the Strait of Hormuz would be lifted pushed markets lower for oil and helped erase bitcoin&

Crypto

Coinbase offers US institutions regulated access to global crypto options and perps

Coinbase Financial Markets has begun offering US institutional clients access to global crypto options and perpetual futures through a regulated futures commission merchant, including connectivity to Deribit's crypto options platform. The move follows Commodity Futures Trading Commission guidance that allows a regulated futures commission merchant to connect US

Crypto

XRP ETFs drew inflows as bitcoin and ether funds lost about $2 billion

U.S.-listed spot XRP ETFs posted $11.88 million in net inflows on May 29, extending a week of positive flows even as larger bitcoin and ether funds continued to lose capital. Spot bitcoin ETFs recorded $125.31 million in net outflows that day, marking a 10th straight day

Crypto

Sen. Lummis warns China could overtake US in crypto if CLARITY stalls

Wyoming Senator Cynthia Lummis warned the United States will lose its leadership position in crypto to other countries, including China, if lawmakers fail to pass the Digital Asset Market Clarity Act (CLARITY). She said passing a comprehensive crypto regulatory framework would “ensure” that other countries “do not write the rules

Crypto

Grayscale says Hyperliquid could become a ‘financial services juggernaut’

Grayscale says Hyperliquid, a decentralized trading platform that began as a crypto perpetual futures exchange less than three years ago, is increasingly seen as a broader blockchain-based financial infrastructure play. The firm said Hyperliquid generated roughly $800 million in revenue in 2025 while capturing meaningful market share in crypto perpetual

Crypto

Former CFTC Chair Calls Reversal of Gemini Settlement 'Extraordinarily Unusual'

A former Commodity Futures Trading Commission chair criticized the agency’s move to seek vacatur of a $5 million settlement with Gemini. In a motion filed in the US District Court for the Southern District of New York, the CFTC joined Gemini Trust Company in asking relief from the judgment

Crypto

U.S. says it seized about $1 billion in Iranian crypto

The United States has seized about $1 billion worth of cryptocurrency tied to Iran, Treasury Secretary Scott Bessent said, calling the move part of a broader effort to cut off funding channels used by Tehran. Bessent said U.S. authorities had “grabbed the wallets” and that the action falls under

Crypto

Bitcoin Buyers Stack $512M Bids Near $70K Support: Is A Reversal Ahead?

Buy orders have clustered near $70,000 as Bitcoin approaches a key liquidity zone. Order-book data shows more than $500 million in bid liquidity between $72,000 and $70,000; CoinGlass counts 6,235 BTC in that band, worth roughly $443 million. The largest cluster sits directly above $70,000,

Crypto

SEC sues Texas man over $12.3M crypto scheme built on fake AI trading bots

The U.S. Securities and Exchange Commission has sued Texas resident Nathan Fuller, alleging he raised about $12.3 million from roughly 150 investors through a crypto investment scheme built on false claims of AI-powered trading bots, guaranteed returns and insurance protections. Fuller is said to have operated through Privvy

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Spot Bitcoin ETFs Post Record 10-Day Outflow Streak

Spot Bitcoin exchange-traded funds recorded outflows for ten straight trading days, totaling nearly $3 billion since May 15. Data from SoSoValue shows daily withdrawals ranged from $70 million to $733.43 million, with the largest single-day exit on Wednesday. Net assets held by the funds fell from $104.29 billion

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AI-driven hacks are keeping Wall Street from moving trillions onchain

Traditional financial institutions are preparing to move trillions of dollars of assets onchain, but persistent security risks are giving conservative capital allocators pause. "Right now, more and more institutions are trying to move assets onchain," CertiK CEO Ronghui Gu said. "They imagine that, let's say

Crypto

SEC charges Texas man with $12.3M crypto fraud using fake AI trading bots

The Securities and Exchange Commission has charged Nathan Fuller, a resident of Cypress, Texas, with running a crypto fraud that raised $12.3 million from roughly 150 investors by falsely claiming to use AI-powered trading bots to generate guaranteed returns. Fuller operated the scheme through Privvy Investments, LLC and under

Crypto

Binance eyes 3 billion users by 2030 as market faces strain

Binance says it is building through a difficult market and aims to increase its active user base ten-fold to 3 billion by 2030, Catherine Chen, head of VIP and Institutional, said. The exchange currently serves more than 310 million active users, which Chen said are verified through stringent KYC and

Crypto

US Seizes Nearly $1 Billion in Iranian Crypto Assets, Treasury Says

The United States has seized roughly $1 billion in Iranian crypto assets, Treasury Secretary Scott Bessent said at the Reagan National Economic Forum. "I believe that we have seized about a billion dollars of their crypto," Bessent said. "Just outright grabbed the wallets. Some of them may

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CFTC needs resources and independence to oversee crypto, Brookings fellow says

Aaron Klein told CoinDesk's The Policy Protocol that as Congress considers crypto legislation the Commodity Futures Trading Commission needs more staff, funding, expertise, independence and better coordination to oversee digital markets. He noted the agency was created to regulate commodity futures and was not built for the scale

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Bitcoin treasury space split between strategists and ‘carnival barkers’

Sean Bill, co-founder of Bitcoin treasury company BSTR, says the sector is splitting between firms with real financial strategies and those that lean on promotion. “I think a lot of them don't have the right capital structure, right. They don't have the ability to actually deploy

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Investor says bitcoin's quantum risk is moving data, not wallet keys

Andrew Gault, the venture capitalist who funded the quantum hardware labs now threatening bitcoin, says the industry is fixated on the wrong half of the quantum problem. Rather than wallet keys, he warns the urgent exposure is the encrypted messages moving between exchanges, bridges and custodians today. "The financial

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Retail Bitcoin Demand Still Matters, Swan CEO Says

Cory Klippsten, CEO of Swan Bitcoin, said retail sentiment remains as important now as when Wall Street was largely on the sidelines. "It still does. You have to remember it's not like BlackRock owns the Bitcoin and Fidelity owns the Bitcoin. It's a bunch of

Crypto

Why 30% of Zcash supply is now in the shielded pool

Roughly 5 million ZEC out of 16.7 million circulating now sits in shielded addresses, up from 8 percent in early 2024. Orchard alone holds 4.2 million ZEC, or 25.4 percent of supply, and has absorbed nearly all the recent growth. Public ZEC transaction counts have stayed flat

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Dimon escalates battle over stablecoin rewards in CLARITY Act debate

JPMorgan CEO Jamie Dimon again took aim at Coinbase CEO Brian Armstrong and warned the current draft of the Digital Asset Market Clarity Act could fail if lawmakers do not address banks’ concerns. In a Fox Business interview, Dimon said he was not satisfied with the bill because it would

Crypto

Texas Bitcoin reserve plan advances as federal push faces delays

Texas has named a five-member advisory committee to guide the management, custody and valuation of its Strategic Bitcoin Reserve. Acting Comptroller Kelly Hancock will serve on the panel, which was created under Senate Bill 21 passed and signed into law on June 22, 2025 and which gives the Comptroller’s

Crypto

Sui Network Goes Down for Second Day in a Row

The Sui layer-1 blockchain experienced another disruption on Friday, causing a “network stall” that temporarily halted block production before normal activity resumed. Network activity “may be paused,” the Sui team said. The disruption lasted for over three hours and 30 minutes at the time of publication, per the Sui network’