Prediction Markets’ Wild West Days May Be Over: CFTC Drafts Its First Major Framework

The US Commodity Futures Trading Commission (CFTC) has unveiled its first regulatory framework for prediction markets, releasing what it described as a proposed approach to governing the industry under American law.  The plan, issued by the agency on Wednesday, would establish standards for certain types of wagering while leaving markets tied to elections and politics… Continue reading Prediction Markets’ Wild West Days May Be Over: CFTC Drafts Its First Major Framework

XRP Forms Channel Support That Puts Market In Difficult Spot, But Bulls Still Have A Chance

XRP has entered one of its most uncomfortable technical zones in months. The cryptocurrency has now broken below a support base that had held since February, but the selloff has not yet turned into a collapse below $1.  Instead, the daily chart shows the XRP price landing on a much older descending channel support that… Continue reading XRP Forms Channel Support That Puts Market In Difficult Spot, But Bulls Still Have A Chance

Raydium DEX’s AMM Program Exploited For $1.34 Million — Here’s What Went Wrong

Raydium (RAY), a decentralized exchange on the Solana (SOL) blockchain, said Wednesday that it had suffered a $1.34 million exploit tied to its retired automated market maker, or AMM, V3 program.  Raydium Pools Drained  The protocol said the attacker removed about 150,000 RAY, 5,600 SOL, and nearly 900,000 of Circle’s USDC stablecoin from Raydium pools… Continue reading Raydium DEX’s AMM Program Exploited For $1.34 Million — Here’s What Went Wrong

Bitcoin Now Testing Key Demand Area Following A Triangle Breakdown

Bitcoin is testing a key demand zone after breaking down from a symmetrical triangle, putting the market at a critical turning point. While buyers may attempt to defend this support and trigger a rebound, a failure to hold could open the door to further downside in the near term.  Bearish Triangle Breakdown Sends Bitcoin Toward… Continue reading Bitcoin Now Testing Key Demand Area Following A Triangle Breakdown

More Pain For Bitcoin? Analyst Explains Why BTC’s Bottom May Be Months Away

As Bitcoin (BTC) hovers near its lowest levels since late 2024, a market observer suggests the flagship crypto may not have finished bottoming yet, with more downside potentially ahead. BTC’s Historical Data Points To Longer Correction On Wednesday, analyst Rekt Capital compared Bitcoin’s current price action to its performance in previous cycles to determine how… Continue reading More Pain For Bitcoin? Analyst Explains Why BTC’s Bottom May Be Months Away

Bitcoin Obituaries Keep Coming—CZ Isn’t Buying It

Bitcoin fell to its lowest weekly close since the second half of 2024 last week, capping a stretch that has now stripped more than 8% of its value in seven days and pulled the broader crypto market to levels not seen since early in the year. A Pattern Worth Watching The weekly relative strength index… Continue reading Bitcoin Obituaries Keep Coming—CZ Isn’t Buying It

SpaceX Exposure Comes To Bybit Through New Tokenized Product – Details

Bybit users who subscribe to the exchange’s new IPO Express product and receive an allocation may be in for a surprise: if the final offering price comes in within 20% of the indicative price they agreed to, their order gets executed automatically, without any additional confirmation required. Launched June 7, IPO Express lets eligible Bybit… Continue reading SpaceX Exposure Comes To Bybit Through New Tokenized Product – Details

Ethereum Price Looks Vulnerable Again After A Failed Recovery Attempt

Ethereum price started a downside correction from $1,720. ETH must clear the $1,670 and $1,700 resistance levels to continue higher. Ethereum started a downside correction below the $1,620 zone. The price is trading below $1,665 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $1,700 on… Continue reading Ethereum Price Looks Vulnerable Again After A Failed Recovery Attempt

XRP Price On Shaky Ground As A New Selloff Threatens

XRP price started a downside correction below the $1.1840 zone. The price is now showing bearish signs and might decline further below $1.10. XRP price started a downside correction after it failed to stay above the $1.1750 zone. The price is now trading below $1.150 and the 100-hourly Simple Moving Average. There was a break… Continue reading XRP Price On Shaky Ground As A New Selloff Threatens

XRP Leverage Flush Hits Bybit While Binance Holds The Line – Analyst Explains Rare Setup

XRP is struggling around $1.15 as fear and uncertainty define the current market environment, and holders search for evidence that the current level represents support rather than a temporary pause before further decline. The price is under pressure — and a CryptoQuant analyst has identified a derivatives reset that occurred during the latest sell-off that… Continue reading XRP Leverage Flush Hits Bybit While Binance Holds The Line – Analyst Explains Rare Setup