CFTC Approves Bitcoin Perpetual Contracts, Signals Support for 24/7 Trading

The post Mounting Uncertainty as Cardano Teeters on a Knife-Edge appeared on BitcoinEthereumNews.com. Cardano (ADA) is grappling with volatile market conditions that have resulted in considerable price fluctuations. After weeks of trading beneath a key support level, a fresh surge of anxiety emerges as the monthly close draws near, positioning the cryptocurrency at a critical juncture. Continue Reading:Mounting Uncertainty as Cardano Teeters on a Knife-Edge Source: https://en.bitcoinhaber.net/mounting-uncertainty-as-cardano-teeters-on-a-knife-edge

The post CFTC Moves to Reverse Gemini $5M Settlement in Unprecedented Step appeared on BitcoinEthereumNews.com. Peter Zhang May 29, 2026 22:55 The CFTC’s bid to vacate its $5M settlement with Gemini marks a rare regulatory reversal, citing issues with whistleblower credibility and evidence. The U.S. Commodity Futures Trading Commission (CFTC) has taken the rare step of attempting to reverse a $5 million settlement it reached with cryptocurrency platform Gemini in January 2025. The agency filed a motion in the U.S. District Court for the Southern District of New York earlier this week, claiming whistleblower credibility issues and concealed evidence from prior leadership as the basis for its reversal. This move has drawn attention for its rarity. Tim Massad, former CFTC chair, described the action as “extraordinarily unusual,” emphasizing that such reversals are unprecedented. “The explanation seems to be that the staff got it wrong, not that the law was unclear,” Mass

The post Billionaire says crypto seizure risk weakens Bitcoin’s gold case appeared on BitcoinEthereumNews.com. Canadian billionaire Frank Giustra has challenged Bitcoin’s “digital gold” label again, arguing that crypto can still be traced and seized by governments. Summary Frank Giustra said crypto can be traced and seized, weakening Bitcoin’s digital gold claim. His comments followed US claims of nearly $1 billion in Iran-linked crypto seizures. The debate comes as governments hold seized Bitcoin and increase blockchain enforcement actions. Giustra made the comments after U.S. Treasury Secretary Scott Bessent discussed the seizure of nearly $1 billion in cryptocurrency linked to Iran. The remarks renewed debate over whether Bitcoin can serve as a safe-haven asset like gold. The mining financier and gold advocate argued that crypto’s public ledger leaves holders exposed to state action. In his view, blockchain records make digital assets easier to trace than physical gold. His comment

Frank Giustra says crypto is not digital gold after US officials claimed nearly $1B in seizures, reigniting the Bitcoin vs gold debate.

The post 15 Years Ago, Hal Finney Explained Why Bitcoin Could Not Simply Be Replaced appeared on BitcoinEthereumNews.com. A “new Bitcoin?” Hal Finney speculated on the premise more than 15 years ago. Fifteen years ago, one of Bitcoin’s earliest pioneers offered a warning that continues echoing through crypto markets. Hal Finney argued that a monetary network cannot be rebooted without damaging the credibility of everything that follows. The Debate Over a New Bitcoin On May 30, 2011, Hal Finney and Jon Tobey entered a debate called “Early speculators’ reward.” Basically, it was a discussion on Bitcointalk, where the OP raised a question that has followed Bitcoin since its very first days – was it fair that early adopters mined or acquired coins before most people knew the network existed? Some participants argued that this early distribution amounted to a significant advantage – so large that the protocol itself should be relaunched. Finney rejected the premise with a response that wa

The post Spot Bitcoin ETFs See Record 10-Day Outflow Streak, Analyst Calls It ‘Contrarian Indicator’ appeared on BitcoinEthereumNews.com. Spot Bitcoin exchange-traded funds (ETFs) have logged outflows for ten consecutive trading days, with total net redemptions exceeding $2.97 billion since May 15, a streak that one analyst says may signal a market bottom is near. According to data from SoSoValue, daily outflows ranged from $70 million to $733 million across the period, with the steepest single-day exodus recorded on Wednesday at $733.43 million. Total net assets held across spot Bitcoin (BTC) ETFs have dropped from $104.29 billion on May 15 to $94.17 billion as of Friday, a decline of roughly $10 billion in two weeks. The current streak broke the previous record of eight consecutive outflow sessions, which was recorded in early last year and saw $3.2 billion in withdrawals, on Thursday, before extending to 10 days on Friday. Spot Bitcoin ETFs have become a major gauge of institutional

The post Canadian Billionaire: Crypto Can Be Seized, It’s Not Digital Gold appeared on BitcoinEthereumNews.com. “There is no escape” A loud Bitcoin skeptic  Canadian billionaire philanthropist and prominent gold advocate Frank Giustra has re-ignited the fierce debate surrounding cryptocurrency’s safe-haven status. The magnate has warned that the crypto sector is actually vulnerable to state intervention. “There is no escape” Giustra’s latest criticism has been prompted by remarks from prominent media personalities and U.S. Treasury Secretary Scott Bessent regarding the federal seizure of approximately $1 billion worth of cryptocurrency wallets. “Some of them are typing in their wallets right now and have no idea it’s already gone,” Bessent said. XLM Shoots Up 60%, XRP Left in Dust Bitcoin (BTC), Zcash (ZEC), Ethereum (ETH) and XRP Price Analysis for May 30: Bearish Pressure Emerges Giustra seized on the news to slam Bitcoin’s alleged vulnerability.   You Might Also Like One crypto prop