Category: crypto

The U.S. Commodity Futures Trading Commission approved Kalshi to launch the first federally regulated Bitcoin perpetual futures contract in the United States, allowing for onshore crypto derivatives trading. Coinbase also received a no-action letter for certain perpetual futures products. Kalshi aims to expand beyond prediction markets amid regulatory challenges.

CFTC approves first bitcoin perpetual futures contract on regulated U.S. exchange, ending offshore dominance. Chairman Selig states move aligns with Trump’s goal to make America a crypto capital. Perpetuals allow indefinite trading without expiration. Kalshi and Polymarket compete for market share. CFTC aims to limit leverage and volatility.

Crypto.com and OG Prediction Markets have partnered with the U.S. SailGP Team for a multi-year deal, introducing CFTC regulated prediction markets to elite foiling yacht racing. With this partnership, fans can trade regulated event contracts via OG’s prediction platform, furthering SailGP’s engagement with sports betting and data-driven fan interaction.

Alex Mashinsky is attempting to shift blame for Celsius’ collapse to FTX and its former CEO Sam Bankman Fried in court filings, despite confessing to manipulating CEL himself. He accuses FTX of orchestrating the market manipulation of CEL, contradicting his guilty plea. Mashinsky also accuses former CRO Roni Cohen Pavon of plotting a hostile takeover,…

The SEC has charged Texas resident Nathan Fuller for an alleged $12.3 million AI crypto arbitrage scheme that promised triple-digit returns in weeks. Fuller raised funds from 150 investors through Privvy Investments, promising high returns in a short time. The SEC claims Fuller used investor funds for personal expenses and ran a Ponzi-like operation.

Mary Daly of the San Francisco Fed emphasizes the importance of price stability but warns against harming the economy with aggressive rate hikes. She advocates for a cautious approach to monetary policy, balancing inflation targets with employment considerations. This stance may delay future rate cuts, impacting markets and risk assets.

Payouts.com co-founders believe that the future of agent payments lies in combining stablecoin rails with programmable control layers for enterprise trust. They emphasize the importance of programmability in defining which AI agents enterprises can trust by 2027, and list five essential controls for safe and auditable autonomous agent spending at scale.

The CFTC warned that 24/7 trading may not be suitable for all traditional derivatives markets. The agency allowed CFTC-regulated crypto platforms to offer perpetual futures and global options. The CFTC asked firms to carefully assess the risks before extending trading hours, with Coinbase already supporting 24/7 trading across various markets.

The CLARITY Act, a major crypto market bill, has advanced in Congress, giving the CFTC new power over digital commodities. Concerns have been raised about the agency’s staffing and funding. The bill aims to establish clear rules for digital assets and shift oversight from the SEC to the CFTC, which may lack resources to handle…

U.S. Treasury bond prices are rising while the dollar index has fallen to an intraday low of 98.8, indicating a shift in risk sentiment in global markets. This is driven by reassessment of Fed policy, inflation path, and demand for safe assets. The dollar’s decline could benefit cryptocurrencies like bitcoin and ethereum.