24/7 Blockchain industry dynamics and breaking crypto news
Former Celsius CEO Alex Mashinsky files a motion to overturn his 12-year prison sentence, alleging ineffective counsel and flawed evidence. He accuses FTX's ex-CEO Sam Bankman-Fried of plotting to destroy Celsius and manipulate its token, while revealing an internal hostile takeover attempt.
Read MoreThe U.S. SEC is moving to formally repeal a rule requiring public companies to disclose greenhouse gas emissions and climate-related risks. The agency argues the rule oversteps its authority and that environmental oversight should remain with the EPA, allowing the SEC to refocus on its core financial regulatory mission.
Read MoreIranian sources refute Trump's claims of a finalized deal, stating approval is still pending domestically. They accuse Trump of fabricating victory and stress the Strait of Hormuz will reopen only after US sanctions are lifted, with plans including ship monitoring and security measures.
Read MoreThe SEC Chairman outlined a "new era" of regulatory reform, focusing on modernizing digital asset oversight and clarifying which assets are securities. Key initiatives include new exemptions for tokenized securities and integrating on-chain trading systems into existing frameworks, alongside efforts to reduce disclosure burdens and streamline IPO processes.
Read MoreThe CFTC's approval of the first US-listed perpetual contract marks a pivotal regulatory shift. This move, alongside new guidance, formally acknowledges the role of perps in modern markets and aims to recapture lost liquidity and competitiveness.
Read MoreThe CFTC's new regulatory guidance is seen as a major catalyst for Bitcoin. It legitimizes 24/7 trading, collateral use, and derivatives, paving the way for a more robust and compliant capital market ecosystem around the digital asset.
Read MoreGrayscale is reportedly in talks to seed its new Hyperliquid Staking ETF with approximately $115 million in assets. The product, set for a Nasdaq listing, will feature staking capabilities, differentiating it from standard spot ETFs and marking an evolution in crypto investment vehicles.
Read MoreOn May 29, spot silver faced notable selling pressure, with prices declining steadily and posting an intraday loss exceeding 1%. The metal retreated to around $74.85 per ounce, raising questions about its ability to hold key technical support levels.
Read MoreA major market maker has expanded into prediction markets, providing deep two-way liquidity on leading platforms. This move aims to tighten spreads, facilitate larger trades, and improve market efficiency, signaling growing institutional interest in this high-potential sector.
Read MoreA senior Iranian military advisor stated that Iran will force the US to end its naval blockade through negotiation or direct action. Despite pressure, he expressed optimism about Iran's economic future, highlighting regional tensions.
Read MoreInvestor sentiment has shifted, with global equity funds experiencing their first weekly outflow in nine weeks. Money is moving toward safer assets like cash and bonds. Japan saw significant outflows, while infrastructure investments continue to attract capital.
Read MoreEthereum faces continued downward pressure, with analysts closely watching the $1800-$1750 support zone. Despite high leverage and positive funding rates, weak price action and significant institutional outflows signal a fragile market structure. A break below key support could trigger a deeper decline.
Read MoreIn a sharp turnaround on May 29th, the Nasdaq 100 Index surrendered its early gains. After climbing 0.8%, the tech-heavy benchmark reversed course in afternoon trading, closing in negative territory. This swift shift highlights ongoing market volatility and fragile investor sentiment.
Read MoreBuoyed by hopes for Middle East de-escalation and surging AI investments, U.S. stocks rally. The S&P 500 has rebounded nearly 20% from lows and is on track for a rare ninth straight weekly gain—its longest streak since December 2023 and a rare event in decades.
Read MoreForeign ministers of Iran and Oman held a phone call, focusing on enhancing bilateral relations and addressing regional developments. Discussions covered maritime security in the Strait of Hormuz, adherence to international law, and shared concerns over ongoing conflicts, emphasizing cooperative solutions.
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