Dubai sets formal rules for crypto exchange-traded derivatives
Dubai’s VARA has set formal rules for crypto exchange-traded derivatives, allowing retail access under suitability checks, margin controls and leverage limits. Source: Cointelegraph
New US Rule Seeks to Open $8T Retirement Market to Crypto
The safe harbor proposal would allow 401(k) managers to offer crypto-linked funds with stronger legal protections. Source: Decrypt
Bitmine scoops $147M of ETH in its biggest week of buying this year
Bitmine bought over 71,000 Ether over the past week, adding to the 238,244 Ether it acquired over the previous four weeks. Source: Cointelegraph
US Charges Hacker Behind $53 Million Uranium Finance Exploit
The Uranium Finance indictment carries potential prison time of up to 30 years for fraud and money laundering counts. Source: Decrypt
US Labor Department takes step toward including crypto in 401(k)s
The proposed rule change seeks to enable Americans to invest in products like crypto that better reflect the current investment landscape, Labor Secretary Lori Chavez-DeRemer said. Source: Cointelegraph
US senators question SEC over enforcement chief exit, Justin Sun case
A report from Reuters earlier this month claimed that the SEC’s former chief of enforcement clashed with agency leadership over cases involving those in Trump’s orbit before resigning. Source: Cointelegraph
Alleged $54M Uranium Finance hacker faces 30 years in prison
Prosecutors allege the stolen funds were used to purchase collectibles, including Pokémon cards, antique Roman coins and a piece of fabric from the Wright brothers’ plane. Source: Cointelegraph
Oil hits three-year high above $105: Will Bitcoin crash again?
Historical data shows Bitcoin bear markets deepening when oil prices rally to record highs. Will Monday’s $105 WTI price lead to a BTC crash? Source: Cointelegraph
US senators float ‘Mined in America Act’ to boost BTC mining manufacturing
While the US hosts 38% of Bitcoin’s hashrate, 97% of mining machines are made by two Chinese companies, according to a Bitcoin policy advocate. Source: Cointelegraph
Bitcoin data points to rare trading setup for relief rally to $71K
A notable bid-ask imbalance for Bitcoin exists near $66,000, possibly raising the chance for a relief rally to $71,000. Source: Cointelegraph