The post CFTC Says Gemini Lawsuit Should Never Have Been Filed appeared on BitcoinEthereumNews.com.
In a joint court filing, both parties asked a federal court to vacate the January 2025 settlement tied to Gemini’s proposed Bitcoin futures contract. The regulator said the original case relied heavily on a whistleblower whose credibility is now being questioned and argued that continuing the settlement’s remaining provisions would not serve the public interest. CFTC Moves to Undo Gemini Crypto Case The US Commodity Futures Trading Commission (CFTC) now wants to reverse its own enforcement action against crypto exchange Gemini after concluding that the case likely would not have been filed under the regulator’s current standards. In a joint motion that was submitted Wednesday in a Manhattan federal court, both the CFTC and Gemini requested that the court vacate the January 2025 consent order that settled allegations related to Gemini’s proposed Bitcoin futures contract. Earlier this yea
XRP is testing critical demand levels as selling pressure keeps the price under stress, and participants on both sides of the trade search for the structural signal that determines whether the current level holds or gives way to further decline. The price action is tense — and a CryptoQuant analyst has identified a shift in the exchange flow data on Binance that adds a specific structural dimension to the current test that the price chart alone cannot reveal. Related Reading: Bitcoin Sends An Unusual Signal After Miner Inflows Top 20,000 BTC – Analyst Explains The Setup The metric the analyst examines tracks the spread between whale activity and retail activity in XRP outflows on Binance. A measure of how dominant large holders are relative to smaller participants in the exchange’s flow structure. The latest reading places that spread at 88.3%, a level that sits near its lowest range since May 2024. Whales continue to dominate XRP outflows on Binance, but the gap between their activity
Timechainindex.com founder Sani first posted the news on X, drawing attention to a quietly filed New York Supreme Court case in which three anonymous plaintiffs are seeking legal title to roughly 3.8 million BTC worth approximately $293 billion, a pool of dormant coins that includes addresses widely attributed to Bitcoin creator Satoshi Nakamoto. Galaxy Research’s […]
Chipmaker Sequans has ended its Bitcoin treasury strategy, selling most of its holdings to clear debt. French chipmaker Sequans has ended its Bitcoin treasury strategy after less than a year. The company sold part of its holdings to redeem convertible…
Ethereum's potential price surge could reshape crypto markets, emphasizing DeFi's role and challenging Bitcoin's dominance amid regulatory risks.
The post Standard Chartered reaffirms $40K Ethereum price target amid DeFi dominance appeared first on Crypto Briefing.
Bitcoin exchange reserve hits 2,666,753 BTC, a level not seen since August 2019. The supply picture looks familiar. The market cycle does not. The last time this many Bitcoin sat off exchanges, a cup of coffee still cost less than a satoshi’s worth of BTC at today’s price. August 2019. The reserve number was 2,666,753 […]
The post Exchange Reserve Hits 6-Year Low. What’s Different This Time Could Shock You appeared first on Live Bitcoin News.
ETH bear flag confirmed with a 47% downside target of $1,075. BTC breaks below $74,243. Altcoins flashing stacked bearish warnings. Bitcoin slipped almost 2% on Wednesday, putting in a lower local low at $74,243.99. That number beat the Saturday wick at $74,289. Crypto analyst MooninPapa on X called it the moment the support fan got […]
The post ETH Bear Flag Confirmed: 47% Downside Target at $1,075 as Altcoins Flash Warnings appeared first on Live Bitcoin News.
