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The CFTC signals a major shift toward clearer, lighter-touch oversight of digital assets and blockchain markets, aiming to modernize U.S. financial regulation and boost innovation as crypto grows into a multitrillion-dollar force, according to chairman Mike Selig.
Bitcoin could slide toward $58,000–$62,000 as technical weakness persists, with veteran trader Peter Brandt flagging risky chart patterns and fading momentum that keep downside pressure in focus.
The crypto market overall is off 4.72%, sitting at $2.99 trillion and wobbling away from the $3 trillion mark for the first time this week.
Trump’s Greenland fixation has spilled straight into betting markets, with Kalshi and Polymarket now packed with wagers tied to the idea.
XRP slid deeper into a defensive posture as selling pressure persisted, technical indicators stayed bearish and global risk-off sentiment intensified, leaving the token pinned near range lows with traders wary of further downside amid heightened geopolitical and trade tensions.
