CFTC Reexamines Gemini Case And Asks To Erase 2025 Settlement

President Donald Trump is doubling down on his goal of making the United States the “crypto capital of the world,” while also weighing in on a growing national fight over who should regulate prediction markets.  Trump Says CFTC Rules Will Help Crypto ‘Thrive’ In a new statement shared Tuesday on Truth Social, Trump said it […]

The CFTC's reassessment signals a potential shift towards more cautious regulatory actions, impacting future crypto industry oversight. The post CFTC seeks to vacate $5M penalty against Gemini Trust Company appeared first on Crypto Briefing.

The CFTC's reassessment signals a potential shift towards more cautious regulatory actions, impacting future crypto industry oversight. The post CFTC seeks to vacate $5 million penalty against Gemini Trust Company appeared first on Crypto Briefing.

The CFTC has moved a proposed rule on prediction-markets event contracts into White House review as federal and state officials fight over who should police the fast-growing sector. Bloomberg first reported that the proposal is now before the White House…

XRP’s trading conditions on Binance have deteriorated sharply, according to a new analysis by market expert Sam Daodu. Daodu points to a 30-day liquidity index that has fallen to roughly 0.043, the lowest level since January 2020.  For context, between 2022 and 2024 the same index typically sat above 3—and at times above 4—signaling a […]

The White House's review of CFTC's proposal could reshape prediction markets, impacting federal-state regulatory dynamics and DeFi precedents. The post White House reviews CFTC proposal to regulate prediction markets appeared first on Crypto Briefing.

Federal oversight gains the president’s backing as states push to bring prediction markets under their own gambling laws.

Short Bitcoin products attracted $10 million in fresh money last week — a sign that some traders were actively betting against the world’s largest cryptocurrency as broader selling took hold across global crypto funds. Related Reading: Bitcoin Bull Thesis Goes Big: 39 Trillion Reasons To Buy, Says Gemini Founder Selling Spreads Across Borders The United States led the retreat, with $1.43 billion pulled from crypto exchange-traded products, including $1.26 billion from US-listed spot Bitcoin ETFs. Switzerland and Canada followed with outflows of $16 million and $12.5 million, while Hong Kong and Germany shed $12 million and $4.4 million, respectively. The Netherlands stood out as the only market to post notable gains, drawing $6.6 million in fresh capital, with Australia adding a modest $700,000. Total withdrawals for the week reached $1.47 billion, according to CoinShares — extending the prior week’s $1.07 billion in outflows. Assets under management across all crypto ETPs closed the w