Tuesday, June 23

Crypto

Kraken Says ‘Plans’ to Offer BTC Perps to US Institutionals

Kraken said late Friday that it expects to launch CFTC-regulated perpetual futures contracts in the US in the next 30 days, hours after the US Commodity Futures Trading Commission approved the instruments.The exchange said when it gains approval, the contracts…

Bitcoin is on the Verge of Locking in 3% May Losses

Bitcoin (BTC) circled $73,500 on Sunday as bulls stared down 3% BTC price losses for May.Key points:Bitcoin looks set to end May “in the red” as the monthly candle close nears.US labor-market data will form the key volatility catalyst for…

Cosmos-Based Gravity Bridge Halts After Reported .4M Exploit

Gravity Bridge, a decentralized blockchain facilitating cross-chain transfers between Ethereum and Cosmos, was reportedly drained of roughly $5.4 million, prompting validators to halt the bridge.Onchain analyst Specter first flagged the unusual outflows in a Saturday post on X, revealing that…

Bitcoin Spot, Futures Buyers Show Up But Is It Enough?

Bitcoin ETF selling overwhelmed markets again after last week’s $1.42 billion outflow followed the previous week’s $1.26 billion outflow. BTC’s subsequent fall to $72,500 raised concerns that the price would slip back into the $60,000 to $70,000 range that BTC was…

Bitcoin Retail Sentiment Still Matters, Says Swan Bitcoin CEO

Despite the growing institutional presence in crypto, retail sentiment is just as important as it was when Wall Street was largely on the sidelines, according to Swan Bitcoin CEO Cory Klippsten.“It still does. You have to remember it’s not like…

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