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CFTC Faces DeFi Turning Point: Selig Advocates for Regulation that Encourages Innovation
CFTC Faces DeFi Turning Point: Selig Advocates for Regulation that Encourages Innovation

- Michael Selig, Trump's CFTC nominee, defended innovation-friendly DeFi regulation during a Senate hearing, warning rigid rules could drive activity offshore. - CFTC faces leadership vacuum with only acting Chair Caroline Pham, raising bipartisan concerns over regulatory clarity and legal risks from unconfirmed vacancies. - Selig advocated tailored on-chain application regulation, aligning with Senate Republicans who argue CFTC alone should oversee digital commodities trading. - Congressional repeal of IR

Bitget-RWA·2025/11/19 23:32
XRP News Today: XRP ETFs Fail to Halt Sell-Off; $1.55 Pullback on the Horizon
XRP News Today: XRP ETFs Fail to Halt Sell-Off; $1.55 Pullback on the Horizon

- XRP faces 25% correction risk to $1.55 despite first U.S. spot ETFs (XRPC/EZRP) failing to stabilize prices at $2.22. - Weak institutional demand, profit-taking by long-term holders, and fragile on-chain metrics drive bearish momentum. - Whale activity ($645M in transfers) and underwater token supply (41.5% at loss) amplify downward pressure post-ETF launch. - Technical indicators show XRP trading below key averages, with critical support at $2.07–$2.10 at risk of breakdown. - Ripple's ecosystem growth c

Bitget-RWA·2025/11/19 23:32
Crypto Has Gone Mainstream — and Investors Are Walking Away from Advisors Who Haven’t
Crypto Has Gone Mainstream — and Investors Are Walking Away from Advisors Who Haven’t

In 2025, crypto has emerged as a mainstream portfolio component. However, many advisors are still lagging behind, and it is already hurting their business.  According to a recent survey, 35% US investors say they have moved away from advisers who do not provide exposure to cryptocurrencies. The Growing Divide Between Crypto Investors and Advisors Zero

BeInCrypto·2025/11/19 23:26
Adversaries Reportedly Received Voting Rights in Crypto Company Supported by Trump
Adversaries Reportedly Received Voting Rights in Crypto Company Supported by Trump

- U.S. Senators Warren and Reed demand federal investigation into Trump-linked crypto firm WLF over alleged sales to sanctioned entities including North Korea, Russia, and Iran. - WLF denies claims, asserting "rigorous AML/KYC checks," but faces scrutiny for granting adversaries voting rights over its governance and Trump family's $3B stake in tokens. - Critics highlight conflicts of interest as Trump family members lead WLF while prioritizing token sales over compliance, alongside expansion plans involvin

Bitget-RWA·2025/11/19 23:16
XRP News Today: XRP Price Showdown: Downward Pressure Faces Off Against Institutional Confidence
XRP News Today: XRP Price Showdown: Downward Pressure Faces Off Against Institutional Confidence

- XRP faces a 25% price drop to $1.55 as technical breakdowns and weak sentiment indicators signal bearish momentum. - Analysts highlight conflicting forecasts: short-term bearish patterns vs. long-term institutional optimism driven by Ripple's regulatory progress and ODL adoption. - Derivatives market weakness (futures open interest down 62%) contrasts with strategic gains like SEC lawsuit resolution and cross-border payment utility expansion. - Key battlegrounds at $2.00 and $1.50 will determine whether

Bitget-RWA·2025/11/19 23:16
Pi Coin Price Rises 10% As Capital Inflows Jump to 6-Week High
Pi Coin Price Rises 10% As Capital Inflows Jump to 6-Week High

Pi Coin rallies 10% as inflows spike sharply, RSI rises, and investors push the asset toward a potential breakout above key support.

BeInCrypto·2025/11/19 23:00
DOJ Intensifies Actions Against Crypto Tools Emphasizing Privacy
DOJ Intensifies Actions Against Crypto Tools Emphasizing Privacy

- William Hill and Keonne Rodriguez received 4-5 year prison sentences for operating Samourai Wallet, a Bitcoin mixer that processed $237M in criminal proceeds. - The case reflects intensified U.S. efforts to prosecute privacy-focused crypto tools, with prosecutors labeling mixing technology as "money laundering for Bitcoin." - Developers actively marketed the service to criminal users on darknet forums, acknowledging its core purpose was obscuring illegal transaction trails. - The conviction sparks debate

Bitget-RWA·2025/11/19 22:58
Bitcoin News Update: New Hampshire Introduces Bitcoin-Backed Bond in a Bid to Pioneer Digital Finance
Bitcoin News Update: New Hampshire Introduces Bitcoin-Backed Bond in a Bid to Pioneer Digital Finance

- New Hampshire becomes first U.S. state to approve $100M Bitcoin-backed municipal bond, enabling private borrowing against over-collateralized crypto. - Bond structure includes 160% Bitcoin collateral and liquidation triggers if crypto drops below 130% of bond value, ensuring investor protection amid price volatility. - Proceeds fund state's Bitcoin Economic Development Fund, with Governor Kelly Ayotte calling it a "historic" step to position New Hampshire as digital finance leader. - Initiative bridges t

Bitget-RWA·2025/11/19 22:58
Has Bitcoin Stepped Into a Bear Market? Analysts Split
Has Bitcoin Stepped Into a Bear Market? Analysts Split

Bitcoin has been below its 365-day moving average at $102,000 since last Friday, igniting debate among analysts about a possible bear market. The Fear & Greed Index has tumbled to 10, matching panic levels last seen in early and mid-2022. By Thursday, over $700 billion had vanished from the market in the past month. Despite

BeInCrypto·2025/11/19 22:57
Flash
13:37
Base status update outage lasts over 30 hours, withdrawals delayed
According to Odaily, L2BEAT Research Lead donnoh.eth posted on X stating that the Base network status update system has been down for more than 30 hours due to a bug related to a recent upgrade. However, because the on-chain withdrawal period is set to about 7 days, users did not notice this issue for a significant period. This malfunction involves an abnormality in the status update layer but did not immediately affect the user withdrawal experience, which led to the problem not being widely noticed initially. The issue has now sparked discussion in the community, with attention focused on its impact on on-chain data synchronization and operational monitoring mechanisms.
13:29
Berkshire Hathaway stock has underperformed the S&P 500 Index by 16.3% year-to-date.
In stark contrast, Berkshire Hathaway's stock price remained largely flat during the month. As a result, Berkshire’s widely held Class B shares have lagged the S&P 500 Index by 16.3 percentage points year-to-date, the largest gap so far this year. At the end of March, Berkshire Hathaway stock was only barely ahead of the S&P 500 by 1.8 percentage points. Since then, the S&P 500 Index has surged by more than 35% in April and May, while Berkshire Hathaway's stock price has fallen by nearly 11%. Chart analysis from 22V Research shows that Berkshire Hathaway’s relative performance against the S&P 500 Index has dropped to its lowest level since 2007.
13:23
Grayscale Bullish on Hyperliquid: The Future Financial Giant, Blueprint for On-chain Global 24/7 Financial Market
BlockBeats News, May 30th - In its latest report, Grayscale expressed strong optimism for Hyperliquid, believing that it is transitioning from a cryptocurrency perpetual trading platform to a broader blockchain financial infrastructure, with the potential to become a "financial services giant." By 2025, Hyperliquid is projected to achieve approximately $800 million in revenue, process a $29 trillion perpetual futures trading volume, currently holding an open interest of around $7 billion, and rapidly gaining market share in decentralized platforms. Hyperliquid not only competes with centralized exchanges like an exchange in the cryptocurrency perpetual futures field but also expands through the HIP-3 and HIP-4 systems to tokenized stocks, commodities, and prediction markets, offering 24/7 continuous trading, challenging the constraints of traditional Wall Street trading hours. In the report, Grayscale emphasized that Hyperliquid's open architecture allows developers to directly launch new markets, demonstrating strong network effects and innovative potential, surpassing its positioning as a mere cryptocurrency trading platform. Regulation is cited as a key risk and catalyst for Hyperliquid's future growth, with the platform currently shielding U.S. users due to regulatory gray areas. However, with increasing institutional interest from platforms like an exchange and Robinhood and the evolution of regulatory guidance, perpetual products may enter the U.S. market. Hyperliquid is seen as an early blueprint for building a global 24/7 financial market on-chain.
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