Cryptocurrency
Bitcoin ETFs Snap Outflow Streak While Ether Funds Stay Under Pressure
The Bitcoin ETF market is showing signs of life again, but Ether funds are still struggling to find the same bid.TL;DRUS spot Bitcoin ETFs returned to inflows after a run of outflows.
Bitcoin funds led by larger issuers showed renewed...
Cryptocurrency
Bitcoin traders have a reason to watch Tuesday’s BOJ rate decision. Yen shorts are at a nine-year high
These carry trades have helped fuel bull markets on Wall Street and in government bond markets across the advanced world for years. Some analysts believe they have also supported crypto markets.As a result, a sharp unwinding could destabilize markets...
Cryptocurrency
CFTC Pulls New Mexico Into Prediction Markets Battle
New Mexico is the latest US state to be pulled into the Commodity Futures Trading Commission’s legal fight for its jurisdiction over prediction markets after the state sued Kalshi for allegedly offering illegal sports betting.The CFTC said on Friday...
Cryptocurrency
The End of SWIFT’s Monopoly? China Tees up Commercial Launch of Rival Digital Network
Key TakeawaysChina prepares a commercial Mbridge rollout to challenge SWIFT, after processing 470B yuan in volume.Sheikh Mansour sent 50M digital dirhams via Mbridge in 2024, showing the readiness of the system.Wang Jian stated Mbridge will next boost the renminbi’s...
Business Innovation
Kevin O’Leary says being liked has nothing to do with success—Steve Jobs taught him: ‘You can’t worry about whose feelings you bruise’ | Fortune
CEOs take on all sorts of personas, from the benevolent leader to the cutthroat business executive. Millionaire entrepreneur Kevin O’Leary is famous for his brutally honest, intimidating aura on-screen as a Shark Tank investor—and some of that leadership style...
Cryptocurrency
CFTC Staff No-Action Letter Opens Path For True Digital Commodity Perpetuals
TL;DRCFTC staff issued no-action guidance related to digital commodity perpetual futures.
The relief applies to CFTC-registered designated contract markets, not offshore unregulated exchanges.
The guidance could help domestic venues convert perpetual-style products into true perpetuals under conditions.CFTC Gives Domestic Venues A...
Cryptocurrency
Bitcoin Price Bull Setup ‘Finally Happening’ as Iran Deal Keeps BTC Above $64,000
Bitcoin (BTC) circled $64,000 into Sunday’s weekly close as a US-Iran peace deal appeared imminent.Key points:Bitcoin stays higher as US president Donald Trump pledges an Iran peace deal on Sunday.The Strait of Hormuz, a key global oil route, will...
Startups
InnSure Launches Decarbonization Risk Management Prize
Emerging decarbonization technologies often stall because traditional insurance markets lack the data and tools to price their risks. If a project can’t be insured, it can’t be financed. And if it...
Cryptocurrency
ZachXBT: Canada More Negligent On Crypto Fraud Than India or Nigeria
Key TakeawaysZachXBT said on June 13 that he is declining all requests from Canadian fraud victims, citing weak enforcement and seizures.He called Toronto a top 5 global cybercrime hub and Canada’s agencies possibly worse than India or Nigeria.Without faster...