CFTC sends crypto rules to White House to review as Congress stalls on Clarity Act

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Crypto News

“The CFTC is locked in and ready to ship its rules for the new frontier of finance,” CFTC chair Mike Selig wrote in a post on X following the vote on Wednesday.  The CFTC, on Friday, also published a no-action letter, giving certain software providers a way to connect users to regulated derivatives markets without […]

Gold tops $5,000 as BTC stalls near $87,000 in widening macro-crypto split: Asia Morning Briefing

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Crypto News

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Gold’s breakout above $5,000 is beginning to look less like a spike […]

Stalls Near $111K as Traders Brace for Data Week

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Crypto News

Bitcoin BTC$112,334.84 hovered around $111,500 on Monday, keeping a tight range as traders weigh macro catalysts for cues on positioning. Ether (ETH) traded near $4,312, XRP XRP$2.9657 held $2.96, BNB (BNB) at $880, and Solana’s SOL (SOL) climbed to $218. Dogecoin DOGE$0.2406 extended its 11.6% weekly gain to 24 cents, outpacing most major cryptocurrencies as […]

BTC Price Rally Stalls as Short-Term Holders Take $11B Profits

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Crypto News

After softly rising over the weekend, bitcoin slipped back to $109,000 on Monday in sluggish trading as traditional U.S. markets remained closed in observance of Memorial Day. The top cryptocurrency is still up 1.7% in the last 24 hours and only a breath away from the all-time high it notched last week. Looking at the […]