CFTC seeks to reverse settlement deal with Gemini
The CFTC seeks to vacate its $5 million Gemini settlement, claiming the Biden-era complaint relied on a discredited whistleblower's allegations about inflated trading volumes. The agency now says the case shouldn't have been filed under current enforcement standards. This reversal reflects Trump administration's crypto-friendly stance and the Winklevoss twins' political donations. For Indian investors, regulatory unpredictability remains a key risk factor.
Coins in this story
Explore how Regulation is shaping crypto markets — aggregated stories, leading coins, and weekly momentum.
Explore narrativeRelated stories
Crypto markets shed $80B after fresh US strikes on Iran
The crypto market capitalization has fallen to its lowest level since mid-April after the US carried out strikes on Iran for the second time in three days amid peace talks....
Bitcoin falls below $73,000 as BlackRock’s BTC ETF sees second-largest outflows since debut
Bitcoin dropped below $73,000 as BlackRock's IBIT spot ETF experienced its second-largest daily outflow since launch. The broader spot BTC ETF market saw significant withdrawals Wednesday, marking the largest exodus since late January. This selloff signals potential investor caution amid macroeconomic headwinds, impacting institutional crypto adoption sentiment globally and affecting Indian portfolio allocations toward Bitcoin positions.
Bitcoin could be heading much lower, fund manager warns as $150 billion Treasury operation nears
Fund manager Michael Kramer warns a $150 billion liquidity drain from U.S. Treasury operations could push Bitcoin significantly lower. Bitcoin has already dropped 11% from recent highs above $82,500, breaking key support near $75,000. Kramer argues Bitcoin acts as a leading liquidity indicator, with macro Treasury flows quietly influencing crypto prices beyond specific crypto headlines.