The U.S. Commodity Futures Trading Commission has commenced a civil action in federal court against Trevor Vernon and Argent Capital Management LLC. According to regulators, the defendants operated an illegal commodity pool engaged in the trading of cryptocurrencies, futures, and options. As mentioned in the complaint, nearly 60 individuals have
The post Russia Advances Crypto Bill After Removing Wallet Address Disclosure Requirement appeared on BitcoinEthereumNews.com.
Committee of the Russian State Duma adopted an amended crypto bill, stripping off the wallet address disclosure mandate. The amendment bill enables investments into Russian stocks using cryptocurrencies, while introducing new restrictions on transfer and retail. Russia’s State Duma Financial Markets Committee adopted a revised cryptocurrency regulation bill ahead of its second parliamentary reading. The move was communicated by the Committee Chairman Anatoly Aksakov via the official Telegram channel. Lawmakers discussed several amendments to the previous version of the bill. The new proposal scraps one of the most controversial points of the bill – the provision of mandatory wallet address disclosure. The revised bill requires users to report their wallet balances and transaction volumes instead of wallet addresses. Aksakov stated that legislators dropped this
The post CFTC Accuses North Carolina Firm of $14 Million Crypto and Futures Commodity Pool Fraud appeared on BitcoinEthereumNews.com.
The fraud charges were made against Trevor Vernon and Argent Capital Management for the $14 million commodity pool fraud. It is said that the company falsely represented the trading records, registration, and profitability to its investors, who incurred huge losses. The U.S. Commodity Futures Trading Commission has commenced a civil action in federal court against Trevor Vernon and Argent Capital Management LLC. According to regulators, the defendants operated an illegal commodity pool engaged in the trading of cryptocurrencies, futures, and options. As mentioned in the complaint, nearly 60 individuals have invested close to $14 million in the trading scheme. The agency claims that Vernon used the marketing scheme to promote himself as a seasoned trader through investor communications and performance updates. Instead, regulators claim that the accounts o
Russia’s State Duma Financial Markets Committee adopted a revised cryptocurrency regulation bill ahead of its second parliamentary reading. The move was communicated by the Committee Chairman Anatoly Aksakov via the official Telegram channel. Lawmakers discussed several amendments to the previous version of the bill. The new proposal scraps one of
The post WTI surges above $74 as Trump confirms MoU with Iran is over appeared on BitcoinEthereumNews.com.
West Texas Intermediate (WTI), futures on NYMEX, soars 3.2% to near $74.30 during the European trading session on Wednesday, the highest level seen in two weeks. The oil price surges as the confirmation from United States (US) President Donald Trump that the memorandum of understanding (MoU) with Iran, which aimed at ending the war in the Middle East, is over, has revived risks of global energy supply disruption. Speaking at the NATO summit in Ankara, Türkiye, US President Trump said, I think the MoU with Iran is over.” Trump added, “We attacked very powerfully last night, the very dangerous people from Iran. They’re sick; there’s something wrong with them,” Moneycontrol reported. Last night, the US Central Command confirmed attacking Iran’s military infrastructure in response to Tehran striking commercial ships transiting through the Strait of Hormuz, a vital passage to almost on
The post How I Would Allocate $1,000 Across Crypto Markets Right Now appeared on BitcoinEthereumNews.com.
Key Takeaways Bitcoin commands 40% allocation due to institutional adoption and proven market stability Ethereum captures 25% for its leadership in decentralized finance and smart contract platforms Solana secures 15% thanks to superior transaction speed and expanding ecosystem Chainlink holds 10% as critical oracle infrastructure supporting real-world data integration Near Protocol takes 5% for its emerging AI integration and Layer 1 innovation Distributing $1,000 strategically across five digital assets plus a stable reserve creates a framework that manages volatility while capturing growth potential. Building the Foundation With Market Leaders Bitcoin anchors this allocation strategy with a 40% position worth $400. As the pioneering cryptocurrency with the largest market capitalization, it benefits from unmatched liquidity and growing institutional acceptance through exchange-tr
The post Ethereum’s treasury boom now has one company nearing 5% of supply appeared on BitcoinEthereumNews.com.
Ethereum treasury company BitMine said it now holds 5,742,237 ETH, or 4.8% of Ethereum’s (ETH) 120.7 million token supply, putting one public treasury within 0.2 percentage points of its stated 5% ownership target. BitMine’s buying pace, staking choices, financing route, and eventual selling discipline now shape how ETH demand shows up across crypto markets and listed equities. The firm said its total crypto, cash, marketable securities, and strategic holdings stood at $11.1 billion as of June 28. It also said 4,879,157 ETH was staked as of July 5, worth about $8.8 billion at $1,800 per ETH, or roughly 85% of its ETH position. Infographic showing Bitmine’s 5.74 million ETH holdings, 4.8% supply share, staked ETH, staking revenue, and concentration-test signals. A near-5% stake changes three channels The first change is liquid supply, as BitMine’s 5.74 million ETH is a concent
The post HYPE drops below $70 as retail demand weakens despite ETF inflows appeared on BitcoinEthereumNews.com.
Key takeaways Hyperliquid (HYPE) has fallen below $70, extending its losing streak as broader crypto market sentiment turns risk-off. Retail participation is weakening, with futures open interest declining and long liquidations dominating the derivatives market. Hyperliquid (HYPE) continued to trade lower on Wednesday, slipping below the $70 level as cautious sentiment across the cryptocurrency market dampened retail participation. The token has recorded three consecutive days of losses, reflecting growing uncertainty among short-term traders. Despite the pullback, institutional investors continue to show confidence, highlighting a divergence between retail and professional market participants. Retail traders reduce exposure Recent derivatives data points to weakening retail demand for HYPE. According to CoinGlass, Hyperliquid futures open interest (OI) declined by more than
Key takeaways Hyperliquid (HYPE) has fallen below $70, extending its losing streak as broader crypto market sentiment turns risk-off. Retail participation is weakening, with futures open interest declining and long liquidations dominating the derivatives market. Hyperliquid (HYPE) continued to trade lower on Wednesday, slipping below the $70 level as cautious sentiment across the cryptocurrency market […]
The post HYPE drops below $70 as retail demand weakens despite ETF inflows appeared first on CoinJournal.
