The Trump administration is reportedly considering a slate of new candidates to lead the Commodity Futures Trading Commission as Brian Quintenz’s confirmation has stalled. New candidates being discussed include Michael Selig, chief counsel to the Securities and Exchange Commission’s crypto task force and former asset management attorney and Tyler Williams, Treasury counselor on digital asset…
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Crypto investors sidelined from Bitcoin this year may still get another chance to accumulate, with a crypto analyst predicting Bitcoin could fall as much as 70% in the next bear market. However, crypto analysts are split on where Bitcoin is headed next. Some say a bear market is still far away, while others think it…
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DeFi Technologies’ subsidiary Valour has introduced a Bitcoin staking exchange-traded product (ETP) on the London Stock Exchange, providing investors with crypto yield opportunities as the UK moves toward easing restrictions on digital assets. According to a Thursday announcement, the Bitcoin staking ETP has a 1.4% annual yield and is backed by Bitcoin (BTC) held in…
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Canada’s central bank is calling for the country to establish a stablecoin regulatory framework to modernize the payment system and avoid falling behind other countries that are moving forward with such policies. “Even if you’re on the right track, you’ll get run over if you sit there,” Ron Morrow, the executive director of payments, supervision…
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Cryptocurrency enthusiasts are speculating that former Binance CEO Changpeng “CZ” Zhao is closer to receiving a pardon from US President Donald Trump after a change to his social media profile. The odds of Zhao receiving a pardon from Trump on the prediction platform Polymarket increased to an all-time high of 64% on Saturday, but they…
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Two members of Congress have called on the Securities and Exchange Commission (SEC) to answer questions that could impact how crypto companies go public on US exchanges. In a Wednesday letter to SEC Chair Paul Atkins and acting director of the commission’s division of corporation finance Cicely LaMothe, Senator Jeff Merkley and Representative Sean Casten…
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The United States and the United Kingdom signed a memorandum of understanding on Thursday to jointly develop artificial intelligence, nuclear energy, telecommunications and quantum computing for a wide range of uses including space travel, military defense, targeted biomedical drugs and medical procedures. The MOU, which is not legally binding and changes no existing agreements between…
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Key takeaways: Analysts see a 70% chance that Bitcoin hits fresh highs within two weeks. Spot ETF inflows and bullish futures premiums reinforce the upside outlook. Internal liquidity near $114,000-$113,000 could spark a brief pullback before a breakout. Bitcoin (BTC) is setting the stage for a potential rally, with analysts pointing to a 70% probability…
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Key points: Bitcoin breaks through its volume-weighted average price (VWAP), echoing the rebound from April’s sub-$75,000 lows. Stocks see fresh all-time highs as markets digest the Fed rate cut. Liquidity suggests that volatility is incoming as BTC price targets $118,000. Bitcoin (BTC) eyed $118,000 at Thursday’s Wall Street open as stocks hit new all-time highs.…
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Key takeaways: ChatGPT accelerates crypto analysis by interpreting data, summarizing sentiment and creating strategy templates. Traders use it for practical tasks like bot development, technical interpretation and backtesting simulations. It augments — not replaces — human decisions and works best when combined with tools like TradingView. Key limitations include inconsistent real-time data access and reliance…
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