Get the Latest Trends, Updates, and Expert Analysis on Cryptocurrency and Blockchain Technology
Acting Chair Caroline Pham introduced public roundtables for crypto and prediction markets, signaling fresh CFTC regulatory focus. The CFTC faced legal challenges over election contracts with operator Kalshi, but a district court favored broader market freedom. Congress’s potential FIT 21 Act assigns digital asset oversight to SEC or CFTC depending on decentralization, boosting industry certainty….
Partnership with SonarX enables development of sophisticated crypto indexes using fundamental factors beyond market capitalization. Move reflects broader institutional adoption trend, with crypto ETFs attracting over $120 billion in managed assets. Strategic expansion aligns with increasing institutional demand for comprehensive cryptocurrency data and analysis tools. FTSE Russell, which is backed by the London Stock Exchange…
Technical analysis reveals a symmetrical triangle breakout pattern, with RSI indicating increasing buyer demand despite current bearish control. Historical patterns suggest potential for a six-month rally mirroring 2021’s performance, with key resistance levels at $0.49, $0.58, and $0.66. Despite being 54% below its all-time high, DOGE maintains strong market position with 310% yearly growth and…
A Chinese court has drawn a firm line on crypto derivatives trading, branding it as illegal gambling in a ruling that could reshape the nation’s digital asset landscape. The court found employees and agents of BKEX crypto exchange guilty of facilitating illicit financial activities through perpetual contracts. Despite nailing its employees, BKEX founder is still…
Thailand is reportedly fueling a stablecoin innovation that will involve a bond reserve. The country has a pro-crypto stance, with top leaders exploring new options. Thailand’s Bitcoin ETF market remains a key focus to mimic related moves from other regions. Thailand is allegedly exploring the viability of stablecoins that government bonds would back in its…
The Grayscale Bitcoin Miners ETF will list global BTC mining companies with a semi-annual distribution frequency. The Bitcoin mining industry is contesting for the remaining around 1 million BTCs thus attracting more institutional investors. , a leading digital asset management company backed by Digital Currency Group, has announced the launch of a new investment vehicle…
CLS Global has admitted the use of algorithms to manipulate trading volumes. The firm faces a $428,059 fine and a permanent ban from the US crypto markets. Dubai-based crypto firm CLS Global has admitted to wash trading on the decentralized trading platform Uniswap. The US prosecutors for the District of Massachusetts made an , confirming…
Kenya is pushing for stricter oversight of the crypto industry by mandating local offices for virtual asset firms. The draft law is the country’s most structured effort yet to regulate digital assets, addressing consumer protection, cybersecurity, and financial oversight. Under the proposed rules, companies like Binance and Coinbase will need government-approved CEOs or directors to…
Jump Trading has sued Liam Heeger, its Firedancer engineer. The market maker said Heeger violated his non-compete when he created Unto Labs. Liam Heeger has denied any violation as his project has no overlap with Jump. Jump Trading, a proprietary trading firm established in 1999, has sued Liam Heeger, the founder of Unto Labs. As…
New Senate Banking Subcommittee aims to strengthen USD through strategic Bitcoin adoption while developing comprehensive digital asset regulations. Bipartisan legislation under Lummis’s leadership targets consumer protection and responsible innovation in the cryptocurrency sector. Market responds with Bitcoin briefly touching $106,732, highlighting institutional investors’ growing interest in regulatory clarity. The journey to implement a strategic Bitcoin…