Bitcoin ETFs Shed $2.8B in Record-Breaking Nine-Day Streak Bitcoin exchange-traded funds (ETFs) recorded a sustained wave of investor withdrawals, shedding a combined $2.8 billion over a nine-day stretch, according to the information provided. The run marks the longest outflow streak for these products and underscores how quickly sentiment can shift in the ETF market, where…
SEC Picks New Enforcement Chief as Crypto Cases Collapse The US Securities and Exchange Commission has appointed David Woodcock to lead its enforcement division, stepping into the role at a moment when the agency is quietly backing away from several high-profile crypto lawsuits. Senators are still waiting for answers about why cases against Justin Sun…
US Treasury Targets Stablecoin Issuers With New AML Rules The US Treasury has dropped a proposed rule under the GENIUS Act that would force payment stablecoin issuers to build full AML/CFT and sanctions compliance programs, giving them the power to block, freeze, and reject transactions they flag as risky. The move signals that stablecoins are…
Zcash Jumps 30% on Ceasefire Hopes, But History Warns of Trap Zcash (ZEC) surged as much as 30% following news of a potential US–Iran ceasefire, riding a sudden wave of geopolitical relief. The move echoed sharp rebounds seen during the 2021 bear market, prompting traders to question whether this is a genuine recovery or another…
Sui Blames Last Week's Trio of Network Outages on Gas and Validator Bugs Sui has attributed last week's three separate network outages to a combination of bugs tied to gas mechanics and validator behavior, according to the project's explanation of the incidents. The outages interrupted the network's ability to process transactions reliably, a core function…
Iran Eyes Bitcoin Tolls for Ships in Hormuz Strait Iran is reportedly preparing to charge certain oil tankers a $1-per-barrel Bitcoin toll for using the Strait of Hormuz, a critical chokepoint that carries roughly one-fifth of global oil trade. The plan would let empty vessels pass freely under an emerging US-Iran understanding, while loaded carriers…
Bitcoin Has Years to Harden Against Quantum Risk Bernstein analysts have warned that quantum computers could eventually threaten Bitcoin, but the danger is far narrower than headline-grabbing headlines suggest. The real exposure sits in old wallets holding exposed public keys, not in the network itself. With the most capable machines still years away, the industry…
SEC Picks New Enforcement Chief as Crypto Cases Quietly Die David Woodcock has been named the U.S. Securities and Exchange Commission’s new enforcement chief just as lawmakers demand answers about why the agency suddenly dropped major crypto lawsuits, including the case against Justin Sun. The timing has raised eyebrows across Washington and Wall Street, with…
Kalshi Eyes Perpetual Futures for XRP, Solana, Dogecoin—And These Altcoins Kalshi is considering expanding into crypto-linked perpetual futures products, including contracts tied to XRP, Solana (SOL), and Dogecoin (DOGE), along with additional altcoins. The move signals continued interest in bringing more crypto exposure into regulated, exchange-listed formats. Perpetual futures are derivatives that track the price…
Bitcoin Hits $72K on Ceasefire Hopes, Then Stalls Bitcoin spiked above $72,000 after news of a ceasefire between Israel and Iran, but the move quickly lost steam as sellers stepped in near resistance. The brief rally showed how fast macro headlines can move price, yet it also exposed how fragile the current momentum remains when…
Bitcoin Stalls at $72K as Bulls Eye Breakout Bitcoin’s latest relief rally has run into heavy resistance just below $72,000, with sellers stepping in to cap the advance. Despite the pullback, price action on the daily chart still points to a bullish bias, keeping traders focused on whether this is merely a pause or the…
Kalshi Wins, CFTC Loses in Stunning Appeals Court Ruling A federal appeals court in Washington just handed prediction market operator Kalshi a decisive victory by refusing to pause a lower court order that blocks the CFTC from banning election contracts. The decision keeps live trading on political outcomes and signals that regulators may face steeper…
SEC Picks New Enforcement Chief as Crypto Cases Collapse The U.S. Securities and Exchange Commission has named David Woodcock as its new enforcement chief, stepping into the role at a moment when the agency is already under fire for quietly dropping high-profile crypto lawsuits, including actions against Justin Sun and several exchanges. Woodcock takes over…
Supreme Court Slams Brakes on SEC’s Crypto Power Grab In a 6-3 ruling delivered June 27, the Supreme Court stripped the SEC of its ability to sidestep federal courts when pursuing civil penalties against crypto platforms and token issuers. The decision in SEC v. Jarkesy forces the agency to prove its cases before juries rather…
Live markets: Bitcoin retreats under $72,000 as Strategy unloads BTC for first time in four years Bitcoin slipped below $72,000 in live trading, as market attention turned to a notable change in behavior from Strategy, one of the best-known corporate holders of the asset. Strategy sold bitcoin for the first time in four years, marking…
Bitcoin Buyers Flood Binance as $90K Target Emerges Bitcoin is showing fresh signs of life after aggressive buying volumes on Binance tipped the scales toward buyers, pushing the market’s focus squarely onto the $90,000 level. The shift in order flow suggests that traders are no longer waiting on the sidelines but actively positioning for the…
SEC Seizes Assets From Innocent Bystander in Crypto Case A federal appeals court just green-lit the SEC’s power to grab money from people who never broke any rules, so long as the cash allegedly came from someone else’s crypto scam. The ruling in SEC v. Gastauer hands regulators a new weapon: they can freeze and…
Court Slams Texas Blockchain Firm’s Emergency Petition Envy Blockchain and its affiliates just lost a high-stakes bid to short-circuit a lower-court dispute, as Texas’s Eighth Court of Appeals refused their emergency mandamus petition. The ruling keeps the underlying fight alive and signals that crypto-linked companies cannot count on quick procedural exits when state regulators come…
COURT HAMMERS CFTC IN KRAFT COMMODITY CASE The Seventh Circuit just ordered the CFTC to stop its endless fishing expedition into Kraft’s 2011 wheat trades. The ruling slams the agency for dragging a civil case into criminal territory without proper warrants, and it signals that even commodity regulators cannot treat every investigation like a blank…
SEC Scores Rare Win Over Bilzerian’s Crypto Maneuver The D.C. district court just blocked Paul Bilzerian and his family from using an offshore trust to dodge a 2001 asset-freeze order, ruling that their attempt to park millions in digital tokens counts as a prohibited “commencement” of litigation. The decision matters because it signals judges will…
