Bitcoin Drop To $106K Likely Due To Weak Spot, Perps Volumes

Key takeaways: Buying among retail and whale-sized traders helped slow down the BTC price sell-off, but bears still have a good chance of exploiting long liquidations to $106,000.  Spot and perpetual futures volumes lack aggression, preventing a lasting trend reversal, and sellers continue to sell into price rebounds.  Bitcoin (BTC) bulls are fighting to hold…

CFTC To Explore Stablecoins for Derivatives Collateral

The US Commodity Futures Trading Commission is looking to allow tokenized assets, including stablecoins, to be used in derivatives markets as collateral in a move supported by crypto executives. CFTC acting chair Caroline Pham said on Tuesday that her agency will “work closely with stakeholders” on the scheme and is encouraging feedback on using tokenized…

Crypto Institutional Adoption Pushes up Millionaire Count

The number of crypto millionaires has risen by 40% year-on-year to 241,700, fueled by Bitcoin’s price rally and the broader crypto market valuation pushing past $3.3 trillion by mid-2025, according to a new report. The number of crypto centimillionaires — people with crypto holdings above $100 million — rose 38% to 450, while the crypto…

USDCV Stablecoin Debuts in Europe With Bullish Listing

Bullish Europe has become the first platform to list Société Générale-Forge’s USDCV stablecoin, expanding access to regulated digital assets in the European Union. According to a Tuesday announcement, Bullish is the first to offer USD CoinVertible (USDCV) to its customers through its German Federal Financial Supervisory Authority (BaFin) and Markets in Crypto-Assets Regulation (MiCA) regulated…

BlackRock Bitcoin, ETH ETFs Hit $260M Annualized Revenue

BlackRock’s cryptocurrency-based exchange-traded funds (ETFs) have become a revenue-generating machine, bringing in $260 million in revenue for the world’s largest asset manager, signaling a “benchmark” model for traditional investment funds seeking lucrative business models. BlackRock’s Bitcoin (BTC) and Ether (ETH) ETFs are generating a total of $260 million in annualized revenue, including $218 million from…

Pro-Bitcoin Ian Calderon Joins Race for California Governor

Former California Assemblymember and Bitcoin advocate Ian Calderon has kicked off his campaign for California governor in 2026, entering a crowded and competitive race to replace Gavin Newsom. Calderon confirmed his bid for governor in a post to X on Tuesday, centering most of his promises around affordable homes, groceries and gas while positioning himself…

SOL Leverage Longs Jump Ship, Is $200 Next?

Key takeaways: SOL’s funding rates show cautious sentiment, yet historical patterns highlight potential short-term price gains. Declining network usage and competition weigh on SOL, though treasury strategies and fundamentals remain supportive. Solana’s native token, SOL (SOL), dropped to a two-week low of $213 on Tuesday, reflecting heightened risk aversion across the cryptocurrency market. The initial…

SOL Leverage Longs Jump Ship, Is $200 Next?

Key takeaways: SOL’s funding rates show cautious sentiment, yet historical patterns highlight potential short-term price gains. Declining network usage and competition weigh on SOL, though treasury strategies and fundamentals remain supportive. Solana’s native token, SOL (SOL), dropped to a two-week low of $213 on Tuesday, reflecting heightened risk aversion across the cryptocurrency market. The initial…

U.S. CFTC Moves Toward Getting Stablecoins Involved in Tokenized Collateral Push

The U.S. Commodity Futures Trading Commission is starting an initiative to allow stablecoins as tokenized collateral to satisfy margin needs in the vast derivatives market, inviting input from the industry on how to bring such a policy online. In the latest move toward crypto inclusion in the U.S. financial sector, the acting chief of the…

Bitcoin Drop To $106K Likely Due To Weak Spot, Perps Volumes

Key takeaways: Buying among retail and whale-sized traders helped slow down the BTC price sell-off, but bears still have a good chance of exploiting long liquidations to $106,000.  Spot and perpetual futures volumes lack aggression, preventing a lasting trend reversal, and sellers continue to sell into price rebounds.  Bitcoin (BTC) bulls are fighting to hold…