As global trading trends move toward 24-hour markets with no days off, the U.S. Commodity Futures Trading Commission argued that might be a good thing for new blockchain-native players, but that expanded hours might not be appropriate for some of the traditional markets, the derivatives watchdog said in a letter Friday to all of the […]
Latest developments: Klein argued that the Commodity Futures Trading Commission faces a significantly broader mandate as lawmakers consider expanding its authority over digital assets. Klein recently joined Rebecca Rettig and Renato Mariotti on CoinDesk’s The Policy Protocol. Klein said the CFTC was originally created to oversee commodity futures markets and was not designed for the
Clarity Act Risks Regulation Without Oversight, Brookings Fellow Says Read More »
The global rush to deploy autonomous AI agents across the internet, enterprise networks and consumer applications is creating catastrophic security debt, according to the head of blockchain security auditor Certik. While companies ambitiously market these tools as productivity miracles, the harsh reality is that this can be a very, very risky thing. Unisolated and uncontrolled
Mass deployment of AI agents is a disaster waiting to happen, says CertiK CEO Read More »
The most recent Middle East peace agreement appears to carry more weight than the dozen previous agreements. Stocks continue to rise, bond yields are falling and oil has fallen near a three-month low. However, no news could push crypto prices higher. Bitcoin (BTC) fell back to $72,500 in morning trading in the United States, down
BTC drops below $73,000 in still sluggish trade Read More »
U.S. crypto companies can offer perpetual futures, or “perps,” without running afoul of the U.S. Commodity Futures Trading Commission, under the agency’s first approval of an unnamed exchange to list and trade Bitcoin perpetuals, the regulator said Friday. Perp is a kind of derivative that allows the investor to speculate on future price movements of
US CFTC opens door to crypto ‘criminals’ with first approval of regulated firm Read More »
CoinDesk Indices presents its daily market update, highlighting the performance of the leaders and laggards of the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1975.1, down 0.8% (-14.99) since 4 p.m. ET on Thursday. Three of the 20 assets are trading higher. Leaders: NEAR (+1%) and HBAR (+0.5%). Lagging behind: TAO (-4%)
Bittensor (TAO) falls 4%, leading index down Read More »
Paxos Securities Settlement Company, LLC (PSSC) has received full registration to provide clearing and settlement services with the United States Securities and Exchange Commission (SEC). Stablecoin issuer Paxos said this regulatory step makes its subsidiary the first blockchain company authorized to operate as a central securities depository (CSD) for traditional equities in the United States,
Paxos Gets SEC Approval to Clear US Stocks on Blockchain Read More »
US spot bitcoin ETFs have now recorded nine consecutive trading days of net outflows, marking the longest streak of withdrawals since the products listed in January 2024. SoSoValue data Over the nine sessions, investors withdrew about $2.8 billion from funds, surpassing any previous period of sustained selling pressure. U.S. spot bitcoin ETFs lost about $1.3
Bitcoin ETFs Suffer Record 9-Day Outflow Streak as $2.8 Billion Leaves Funds Read More »
Bitcoin BTC$73,557.64 is stabilizing near $73,500, about 10% below its monthly high of $81,000. The data suggests the stand reflects a shortage of new buyers rather than a plethora of sellers. Risk assets rose broadly after reports that U.S.-Iran talks could reopen the Strait of Hormuz, a vital oil passage, lifted sentiment. “Expectations of a
Bitcoin BTC$73,495.23 rose 0.4% since midnight UTC on Friday and was only up 0.07% recently after falling to its lowest level since early April the day before. Thursday’s drop extended a decline that appeared over the past three weeks after an unsuccessful attempt to climb above $83,000. It is now possible that the rejection contributed
Crypto, stocks split as failed Bitcoin breakout continues to weigh Read More »
