CFTC backs crypto perpetual contracts, issues advisory on 24/7 trading
The CFTC issued notices affecting platforms seeking to offer cryptocurrency perpetual futures contracts, including a no-action position for Coinbase and approval for Kalshi.
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Sui network temporarily stalls again after Thursday’s outage
The outage was caused by the same network update software bug that disrupted the protocol on Thursday, which resulted in nearly six hours of downtime.
Coinbase brings global crypto derivatives markets to US institutional clients
The exchange’s integration with Deribit gives eligible US institutional investors access to global crypto options and perpetual futures markets.
Bitcoin plums new six-week lows as analyst eyes BTC price dip ‘end’ at $72K
Bitcoin saw its lowest levels since the middle of April as BTC price action continued ot diverge from thriving US stock markets.
Ex-Celsius CEO files motion to vacate sentence after lawyers withdraw
Former CEO Alex Mashinsky filed documents seeking to vacate his 12-year sentence, which included claims involving FTX and a “hostile takeover” by a former Celsius executive, who was sentenced to time served.
Ethereum analysts say ‘downside pressure’ remains as $1.8K becomes key
Analysts warn Ether’s downside risks remain elevated as traders closely watch the $1,800 support zone for stability.
Govt slashes petrol, diesel prices by Rs22 per litre each
A representational image of a person filling petrol in a car. — Reuters/FileGovt terms reduction as “gift” to nation on Eid ul Adha.Relief was also extended to public last week: govt.Fuel prices see decline amid reduction in global oil prices.
The federal government has decided…
President summons NA, Senate budget sessions on June 5
National Assembly during a session in Islamabad. — APP/FileSessions delayed from June 1 due to lawmakers’ absence: report.Federal govt plans to adopt budget proposals till June 24: report.Budget must be passed before June 30 to take effect from July 1.
President Asif Ali…
Asia stocks surge, oil falls on hopes of US-Iran ceasefire deal
A file photo of of an oil pump jack. — AFP
Primary US benchmark West Texas Intermediate shaves below $88 a barrel.Tokyo, Seoul and Taipei stock exchanges surge by more than 2%.Hong Kong’s gains more muted, while Shanghai’s main benchmark loses 0.4%.
The GOP’s Attacks on James Talarico Are Straight Out of the Incel Handbook
Claims about low testosterone and false accusations of veganism might play well to the online far right, but will they win an election?