Risk-off wave drags bitcoin below $63,000 as AI selloff spreads from stocks to crypto Bitcoin fell below $63,000 as a broader risk-off move hit markets, with a selloff linked to artificial intelligence themes in equities spilling into crypto. The move underscored how digital assets can trade in tandem with other risk-sensitive markets during periods of…
Bitcoin Slips Back to $60K as Macro Fears Mount Bitcoin has tumbled back toward the $60,000 support level after a sharp wave of selling pressure triggered by surging oil prices, renewed concerns over Japan’s fragile economy, and fresh liquidations from leveraged traders. The move comes just as markets had started to price in a more…
Regal Commodities v Tauber Court Slams Broker in Landmark Crypto Case New York’s Appellate Division just handed down a ruling that could reshape how courts treat crypto brokers and their clients. Regal Commodities sued trader Tauber after a series of disputed digital asset trades went south, and the court decided the case on March 27….
Court Orders CFTC to Justify Kraft Subpoena Blitz The Seventh Circuit has halted the CFTC’s aggressive document grab against Kraft and Mondelēz, ruling that the agency must prove its fishing expedition serves a legitimate regulatory purpose rather than a fishing trip with no end. The decision forces the regulator to slow down and show its…
SEC’s Class-Action Headache Lands in Chicago Three separate lawsuits accusing the SEC of overstepping its authority in crypto cases were ordered into a single courtroom in Chicago yesterday, setting up the first coordinated legal test of whether the agency can treat digital assets like securities without new legislation. The decision matters because it concentrates firepower…
Fifth Circuit Slams Brakes on SEC Crypto Crackdown The Fifth Circuit just handed the crypto industry its biggest win yet, ruling that the SEC cannot unilaterally expand its power over digital assets without Congress. In one sharp stroke, the court blocked the agency from treating most tokens as securities, forcing regulators to rethink their entire…
CFTC WINS KEY RULING IN MONEX CRYPTO CASE The Ninth Circuit revived the CFTC’s lawsuit against Monex, restoring the agency’s power to police retail metals trading that functions like crypto leverage. A three-judge panel said the CFTC can sue platforms that offer financed commodity deals even when customers technically hold title, blowing open the door…
US Senate Unanimously Opposes Sam Bankman-Fried Pardon The US Senate has unanimously signaled opposition to any potential pardon for Sam Bankman-Fried, the former CEO of crypto exchange FTX. No additional details were provided about the specific Senate action, the wording involved, or whether it was tied to a formal resolution, a floor statement, or another…
COURT HANDS CFTC SWEEPING POWER OVER CRYPTO FUTURES The D.C. Circuit just told the CFTC it can punish traders who skirt its rules even when the underlying tokens are not officially futures contracts. Trevor Kitchen’s appeal collapsed in one stroke, widening the agency’s reach over digital-asset derivatives and narrowing the safe harbor many traders thought…
Court Slams CFTC Win Over Crypto Trader CFTC just won a decisive Ninth Circuit appeal against trader James Devlin Crombie, locking in a $1.45 million penalty for unregistered bitcoin futures dealing. The ruling matters because it hands the agency broad new power to chase crypto operators without first proving any customer was ripped off. The…
COURT SEIZES 24 CRYPTO WALLETS IN IRS SWEEP Federal agents just won the legal right to confiscate two dozen cryptocurrency accounts tied to tax evasion, handing the IRS a powerful new enforcement tool that could chill trading activity across the entire sector. The ruling shows that once the government can link a wallet to unreported…
Judge Blocks Binance’s Dismissal Bid in Landmark SEC Showdown The U.S. District Court for the District of Columbia refused Binance’s attempt to toss the SEC’s lawsuit, keeping alive claims that the exchange and its founder Changpeng Zhao sold unregistered securities and operated without proper registration. The ruling signals that courts are willing to let regulators…
Delaware Court Slams Door on Diamond Fortress Crypto Suit Delaware’s Superior Court just killed a high-stakes lawsuit brought by Diamond Fortress Technologies and its founder Charles Hatcher II against unnamed defendants, ending their attempt to litigate in state court over what appears to be a crypto-related dispute. The ruling matters because it reinforces Delaware’s narrow…
Base Creator Jesse Pollak Steps Back From App Leadership After Admitting Social Bet ‘Was Wrong’ Jesse Pollak, the creator of Coinbase’s Base network, is stepping back from an app leadership role after publicly acknowledging that a recent “social” bet he supported “was wrong.” The move marks a leadership reset tied to Pollak’s own comments about…
Grayscale Wins: Appeals Court Slams SEC Over Bitcoin ETF Denial The D.C. Circuit just torched the SEC’s refusal to let Grayscale convert its Bitcoin Trust into an ETF, ruling the agency treated similar products differently without good reason. The decision doesn’t force approval, but it guts the SEC’s current logic and hands Grayscale a real…
CFTC Wins Right to Police Crypto’s Wild West The Seventh Circuit just handed the CFTC a fresh weapon: the power to chase crypto operators who dodge futures rules by claiming they never touched “commodity interests.” For traders and platforms that built businesses on the gray zone between cash markets and regulated derivatives, the decision tightens…
Coinbase Takes SEC to Appeals Court, Tests Agency Power Over Crypto Coinbase won a narrow but important procedural victory in the Third Circuit, forcing the SEC to defend its refusal to issue a formal rulemaking on digital asset regulation. The case now sits at the intersection of agency discretion and industry demands for clearer rules,…
Bitcoin Tests $63K as Long-Term Holders Keep Selling at a Loss Bitcoin moved back toward the $63,000 level as on-chain data pointed to continued selling pressure from long-term holders, including coins being spent at a loss. Long-term holders are typically defined in on-chain analysis as investors who have held their bitcoin for an extended period,…
Stablecoins Settle Over $1.1 Trillion in TradFi Trades Binance Research just dropped fresh data showing that stablecoin-settled perpetual trading of tokenized traditional assets has already cleared more than $1.1 trillion in volume. The finding underscores how stablecoins are no longer just a crypto-native tool—they’re quietly becoming the backbone for institutions moving real-world markets on-chain. The…
Bitcoin Slides Toward $61K as Oil Spikes on Iran Tensions Bitcoin is once again feeling the heat from geopolitical chaos. As oil prices surged past $75 on fresh threats of a Hormuz blockade, BTC dropped toward the psychologically important $61,000 level, reminding traders that macro shocks still move crypto faster than any on-chain metric. The…
