Senate Democrats’ bill would write the prohibition into federal law even as the CFTC shifts toward a more permissive stance on event contracts.
The company plans to obtain the license through the acquisition of BC Payments Australia, expanding its regulated footprint to over 75 licenses worldwide.
The largest cryptocurrency gained 7% from Monday’s lows as energy price fears eased, with Asian equities rising 1.8% and Brent crude dropping below $90 for the first time since the war began.
Traders are watching whether support near $1.34 holds after repeated rejection near $1.44.
Bitcoin traders bet on a rally above $80,000
Many traders expect bitcoin to recover toward the $80K level between June and September, Derive said.
The payments app offers 6% yield on balances and peer-to-peer transfers inside X, competing directly with the same demand stablecoin products are targeting. No mention of dogecoin or any crypto functionality was included.
Trading has been driven largely by tokenized futures on equities and commodities such as oil, gold and silver.
The largest public ether holder sent two transfers totaling $19.5 million to Coinbase Prime hot wallets on Tuesday, though the moves don’t necessarily signal selling.
Pudgy World went live with 12 towns, plot-based quests, and mini-games in what the team calls “one of the most technically advanced browser-based games ever created.” The PENGU token jumped 9% on the news.
Several market participants, including MSTR and OTC traders, kept demand steady, helping BTC stay resilient.
The AI-linked cryptocurrencies moved higher after a report from Wired said Nvidia is planning an open-source platform for autonomous AI agents.
Former CFTC Chair Christopher Giancarlo says banks, more than crypto firms, need the stalled Digital Asset Market Clarity Act.