Steven Walgenbach

US Commodity Futures Trading Commission (CFTC) Acting Chair Caroline Pham confirmed that the regulator is in talks with exchanges to launch spot crypto trading and leveraged offerings. Pham had held talks with multiple CFTC-regulated designated contracts markets (DCMs) exchanges, which included giants such as CME, Cboe Futures Exchange, and ICE Futures, according to a report […]

Ark Invest, the asset management firm led by Cathie Wood, is buying the dip with a $9 million stake in Ethereum treasury firm BitMine Immersion Technology. The purchase was made as BitMine plunged 9% yesterday, bringing its loss in the past month to more than 36%. BitMine share price (Source: Google Finance) Ark Invest Stays […]

Social sentiment around the altcoin king Ethereum (ETH) has turned strongly positive, but Santiment warns that the sudden reversal could backfire on traders. “Ethereum traders have quickly pivoted from being extremely bearish to extreme bullish, according to social media data,” Santiment said on X, adding that its latest analysis found 2.7 bullish comments for every […]

A US appeals court has rejected a $345 million claim by convicted identity thief Michael Prime, who accused the FBI of seizing and erasing a hard drive containing the key to 3,400 Bitcoin. A three-judge panel at the Eleventh Circuit Court of Appeals found that Prime can’t sue the government over the loss because he […]

US spot Bitcoin ETFs (exchange-traded funds) have posted their second-worst withdrawal streak after suffering $2 billion outflows over the past week.  That’s after the investment products extended their outflows streak to six days amid growing market uncertainty.  Investors Pull More Capital Out Of US Spot Bitcoin ETFs But in the latest trading session, several spot […]