CFTC Chair Michael Selig has defended crypto perpetual futures while stressing they are not suitable for agricultural markets, as regulated crypto perps continue expanding across U.S. venues. Summary Michael Selig said crypto perpetual futures are not a natural fit for agricultural markets that rely on physical delivery. The CFTC and SEC have launched a joint…
In crypto news today (June 23), Bitcoin has crashed below $63,000, sparking fears that a drop to $60,000 is imminent. ETF flows are dictating current price action once again, with three consecutive red days, and yesterday alone saw $68M BTC sold. Liquidations have also picked up, with over $575M over the past 24-hours and $458M…
On-chain data shows that neither bulls nor bears are firmly in control and that the market appears to be in limbo, rather than a sustained bearish phase. Over the past week, bitcoin (BTC) has traded between $62,000 and $72,000. Despite bullish conditions not being fulfilled, the leading digital asset has managed to hold its…
CBOE has begun evaluating a conversion of its Bitcoin and Ether futures into perpetual contracts after crypto perpetuals generated more than $8.5 billion in trading volume on Kalshi within weeks of launch. Summary CBOE is considering converting its Bitcoin and Ether futures into perpetual contracts after recent CFTC approvals. Kalshi’s crypto perpetual futures have generated…
In Bitcoin news today, Congress is simultaneously drawing two boundary lines around US digital money: one blocking the Federal Reserve from issuing a government-controlled digital dollar, and another shaping how miners and stakers pay crypto tax on rewards they earn but may not yet be able to spend. Both moves landed in the same week,…
The attacker moved 2,000 ETH through Tornado Cash and sold 1,422 ETH for $2.4M in DAI, with just 5 ETH left in their wallet. The attacker behind the exploit of Ethereum MEV bot Jaredfromsubway has moved millions of dollars through Tornado Cash, despite a public offer to return half the stolen funds in exchange…
The CLARITY Act has faced fresh opposition from a trafficking prevention group as Senate lawmakers continue weighing the crypto market structure bill ahead of a narrowing legislative window this year. Summary AEHT has urged Senate leaders to revisit the CLARITY Act’s DeFi provision, citing illicit finance concerns. Section 604 would protect DeFi developers from money…
XRP Ripple is sitting at $1.10, down -3% today. Seven consecutive weeks of net inflows into spot ETFs have pushed cumulative institutional demand to $1.35Bn, yet the price has not broken out. That gap between sustained buying and sideways price action is the central tension every XRP holder needs to understand right now, with XRP…
The White House warned that adversaries could steal encrypted data today and decrypt it later using future large-scale quantum computers. United States President Donald Trump has signed two executive orders aimed at advancing the country’s quantum technology capabilities while preparing federal systems for emerging security threats posed by quantum computing. The orders, 14411 and…
The European Parliament has advanced legislation for a digital euro, bringing the EU closer to launching a central bank digital currency, while the U.S. moves to restrict similar efforts. Summary EU lawmakers backed digital euro legislation, moving the ECB closer to a potential 2029 launch. The ECB says the digital euro would complement cash and…
