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Dubai Sets Crypto Derivatives Rules, Allows Retail With Leverage Cap

Dubai’s Virtual Assets Regulatory Authority (VARA) has introduced a new regulatory framework for crypto exchange-traded derivatives (ETDs), laying out how licensed crypto companies can offer the products in the emirate. In a Tuesday announcement shared with Cointelegraph, the framework, set out in Version 2.1 of VARA’s Exchange Services Rulebook, outlines requirements covering client suitability, leverage

Bitmine’s Ether Buying Streak Reaches Fifth Week

Bitmine Immersion Technologies has extended its Ether buying streak into its fifth week, scooping up 71,179 Ether in its largest weekly purchase of 2026 so far.  The roughly $147 million Ether (ETH) buy represents a jump from Bitmine’s previous weekly average of $93 million to $103 million, the company said in a statement on Monday.

Labor Department Moves Closer to Allowing Crypto in 401(k)s

The US Department of Labor has proposed a rule change seeking to expand investment options in 401(k) retirement plans, including crypto, moving the country one step closer to implementing US President Donald Trump’s executive order in August. A notice for the Labor Department’s proposal, titled “Fiduciary Duties In Selecting Designated Investment Alternatives,” appeared on the

Senators Question SEC on Enforcement Chief’s Exit

Two Democratic senators are pressing the Securities and Exchange Commission for answers over the March resignation of enforcement chief Margaret Ryan after Reuters reported she clashed with agency leadership over cases involving people tied to President Donald Trump. In a letter to SEC Chair Paul Atkins on Monday, Senator Richard Blumenthal questioned the agency over

US Charges Alleged Uranium Finance Hacker Over $54M DeFi Exploit

US authorities have unsealed an indictment against the man accused of hacking Uranium Finance, a now-defunct decentralized finance platform that lost over $54 million across two exploits in 2021. The US Attorney's Office for the Southern District of New York on Monday accused Maryland resident Jonathan Spalletta of carrying out two separate hacks against Uranium

Record-high Oil Prices May Precede Bitcoin Price Crashes

Key takeaways: $105 WTI crude often triggers Bitcoin price corrections, with history showing a 14% to 27% sell-off within weeks. The BTC to oil correlation remains uncertain as events like Mt. Gox and the Terra-Luna collapse likely deepened previous crypto bear markets. Oil prices surged to $105 on Monday, reaching their highest level in nearly

Senators File Bill to Manufacture More Bitcoin Miners in US

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. Two US Republican senators have introduced the “Mined in America Act” in an attempt to bring more Bitcoin mining manufacturing back to the US and codify US President Donald Trump’s executive

Bitcoin Eyes $71K As Bid-Side Pressure Builds Near Range Lows

Bitcoin (BTC) data flashed a rare bid-side imbalance when it traded below $65,000 on Sunday. The bid-ask ratio showed strong buying pressure across multiple depth levels, which may have confirmed a short-term bottom for BTC price.  With more than $1.6 billion in short leveraged positions at risk of liquidation near $71,000, the setup centers on

Bitcoin Unlikely to Hit New Highs in 2026, Traders Say

It could be more than a year before Bitcoin regains its all-time high of $126,100, recorded in October last year, according to veteran trader Peter Brandt. “I do not see a new price high in 2026,” Brandt told Cointelegraph. “Not until maybe the second quarter of 2027,” he said, though he also acknowledged that “this

Bitcoin, Altcoins Turn Down As Traders Cut Positions, Evade Risk

Key points: Bitcoin’s recovery is expected to face selling near $69,000, but if the bulls prevail, a rally to $74,508 is possible. Most major altcoins remain below their resistance levels, indicating that the bears continue to exert pressure. Bitcoin (BTC) rose above $68,000, but the bulls are struggling to sustain the higher levels. Sellers are
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