CFTC Appoints Crypto Leaders to Digital Asset Markets Subcommittee

The Commodity Futures Trading Commission (CFTC) has appointed new members to its Global Markets Advisory Committee (GMAC) and subcommittees, adding several crypto industry leaders to the Digital Asset Markets Subcommittee (DAMS) — a move that underscores the regulator’s continued engagement with the sector.  CFTC Acting Chair Caroline D. Pham named four new DAMS members: Katherine…

Cardano Price Charts Signal a 40% Rally to $1.25

Key takeaways: ADA technical chart setups converge on a price target around $1.25. Cardano’s open interest has rallied to a record high of $1.95 billion, signaling high speculative interest.  Cardano (ADA) is flashing multiple technical and onchain signals, suggesting that a rally to $1.25 is possible over the next few days or weeks. Here are…

Bankrupt Crypto Exchange to Repay $1.6B on Sep. 30 in Latest Redistribution

FTX’s bankruptcy estate is set to release $1.6 billion of funds to creditors at the end of the month, marking the third major payout following the crypto exchange’s implosion nearly three years ago. The FTX Recovery Trust, which oversees the bankruptcy process, announced on Friday that payments will begin on September 30 for creditors who…

FTX Recovery Trust Unlocks $1.6B for Creditors This Month

The FTX Recovery Trust, the entity overseeing the distribution of funds from the bankrupt crypto exchange, announced a third tranche of distributions to creditors, worth about $1.6 billion. According to a Friday announcement, the distribution is scheduled for Sept. 30, and creditors should receive the funds in their accounts within three business days of the…

Crypto Will Surge On Fed Moves And Market Isn’t Ready: Economist

Crypto market participants may be underestimating how aggressive the US Federal Reserve will be in shifting its policy direction, according to an economist. “Markets are underpricing the likelihood of rapid rate cuts in the coming months on the part of the Federal Reserve,” economist Timothy Peterson told Cointelegraph on Friday. “There has never been a…

FTX Recovery Trust Unlocks $1.6B for Creditors This Month

The FTX Recovery Trust, the entity overseeing the distribution of funds from the bankrupt crypto exchange, announced a third tranche of distributions to creditors, worth about $1.6 billion. According to a Friday announcement, the distribution is scheduled for Sept. 30, and creditors should receive the funds in their accounts within three business days of the…

ETH Rally To $5K Likely As TradFi, ETF Flows Continue

Key takeaways: Strong onchain Ethereum activity and treasury accumulation sustain Ether’s resilience despite validator queue exit pressure. Spot Ether ETFs’ growth and declining exchange balances reinforce the bullish outlook, positioning ETH for a potential breakout. Ether (ETH) has failed to sustain bullish momentum after briefly rallying above $4,700 on Saturday. Traders have become increasingly risk-averse…

US Treasury Opens For Public Comments For Implementation Of GENIUS Act

The US Department of the Treasury on Thursday opened a second period of public comment on the implementation of the GENIUS Act, legislation aimed at regulating stablecoin payments in the US that was signed into law by US President Donald Trump. In a Thursday notice, the Treasury said that, though the advance notice of proposed…

ETH Rally To $5K Likely As TradFi, ETF Flows Continue

Key takeaways: Strong onchain Ethereum activity and treasury accumulation sustain Ether’s resilience despite validator queue exit pressure. Spot Ether ETFs’ growth and declining exchange balances reinforce the bullish outlook, positioning ETH for a potential breakout. Ether (ETH) has failed to sustain bullish momentum after briefly rallying above $4,700 on Saturday. Traders have become increasingly risk-averse…

FTX Recovery Trust Unlocks $1.6B for Creditors This Month

The FTX Recovery Trust, the entity overseeing the distribution of funds from the bankrupt crypto exchange, announced a third tranche of distributions to creditors, worth about $1.6 billion. According to a Friday announcement, the distribution is scheduled for Sept. 30, and creditors should receive the funds in their accounts within three business days of the…