News
29 May 2026, 10:34
Paxos Secures SEC Registration as Clearing Agency

The approval makes Paxos the “only blockchain-native firm” approved by the SEC to operate as a registered clearing agency in the U.S.
29 May 2026, 10:29
CFTC and Gemini vacate $5M settlement, end allegations of BTC futures misrepresentation

The U.S. CFTC and Gemini Trust Company LLC have agreed to vacate a $5 million settlement, ending allegations of Gemini’s misrepresentation of BTC futures contracts. The CFTC reviewed the investigation’s history, evidence, and charging decision and considered changes in federal digital asset policy, resolving the matter. For context, the parties entered into a consent order in January 2025 regarding a case originally filed in the U.S. District Court for the Southern District of New York in June 2022. They then jointly moved the Court (through their undersigned counsel) earlier this month to vacate the Consent Order for Permanent Injunction, Civil Monetary Penalty, and Other Equitable Relief entered on January 6, 2025. The CFTC concluded that the complaint should never have been filed and would not have been under the current enforcement standards. In particular, the CFTC review found that the complaint was based on a whistleblower’s account that is known to be lacking in credibility. The investigation pursued Gemini (the fraud victim) for purported false statements to the CFTC during the registration application process, rather than focusing on the alleged fraudsters. Those red flags raised serious questions about the strength of the evidence against Gemini. Continuing consent order enforcement does not serve public interest The CFTC determined that continuing enforcement of the consent order serves neither the CFTC’s mission nor the public interest. The parties now agree that the consent order’s non-prospective provisions, such as its imposition of a civil monetary penalty, have already been satisfied. They also agree that applying the remaining provisions, including injunctive relief, would not be equitable. “This result sends a strong message that the Commission will act to safeguard the integrity of the market oversight process, regardless of whether the market involves complex digital asset derivative products or more traditional commodity futures.” – Ian McGinley , director of enforcement at the CFTC The complaint initially put the CFTC’s internal deliberations at issue because the requested evidentiary support was withheld from a Commissioner while the regulator voted on the complaint against Gemini. However, litigation counsel invoked the deliberative process privilege and interposed objections to prevent Gemini from obtaining evidence necessary to defend itself. Additionally, personnel improperly exerted influence over the CFTC’s regulatory authority to create settlement leverage. These findings call into question the CFTC’s enforcement process in this case. They also demonstrate the necessity of the federal government’s revised enforcement approach and standards, including in the digital asset space. Joint motion for relief captures major shift in U.S. approach to crypto The joint motion for relief from judgment captures a major shift in how the U.S. is currently approaching crypto. The CFTC joining an exchange (the defendant) to undo its own consent order is a rare move that highlights a fast-moving regulatory reset. Filing a Rule 60(b) motion with a crypto firm they previously prosecuted also highlights the CFTC’s admission that the 2022 case relied on weak evidence and should never have been brought to court. It is direct evidence of how fast new leadership can shift enforcement policy. Moreover, although the $5 million fine has been paid and is no longer outstanding, this motion targets the permanent injunction. Erasing this rule allows Gemini Trust Company LLC to operate without “regulatory shadows.” There is also a strong indication of a coordinated multi-agency shift , as this case can be directly tied to the U.S. SEC’s recent dropping of its Gemini Earn lawsuit. In a rare regulatory U-turn, the joint filing marks the clearest sign yet of the federal digital assets reset that has transformed past “regulation by enforcement” into an active unwinding of legacy cases. The CFTC is not just dropping a case; it is actively teaming up with Gemini to erase a past victory from the books. At the same time, Gemini has been expanding into CFTC-regulated derivatives and prediction markets. The crypto firm is advancing its expansion through its licensed subsidiaries, Gemini Titan and Gemini Olympus. The smartest crypto minds already read our newsletter. Want in? Join them .
29 May 2026, 10:02
Pundit: Watch This Before Judging XRP Price Trend Again

Crypto proponent X Finance Bull recently stated that many investors are focusing on the wrong metric when evaluating XRP. In an X post accompanied by a detailed video presentation, he said frustration over XRP’s price movement has caused many people to overlook what he considers the most important factor behind the digital asset: the leadership and infrastructure strategy being built around it. According to X Finance Bull, XRP should not be viewed in the same category as speculative meme-based crypto projects. He stated that the people leading Ripple come from enterprise technology, banking, fintech innovation, and corporate legal sectors rather than traditional crypto backgrounds. He stated that this distinction explains why Ripple has continued to position itself as a company focused on financial infrastructure instead of short-term market hype. Everyone’s frustrated that $XRP price isn’t moving. Yeah, I get it. But in this video, I showed something the chart never will. The team behind Ripple didn’t come from crypto. They came from enterprise tech, global banking, fintech disruption, and institutional legal… https://t.co/wzS6HAO2tS pic.twitter.com/z7SY7wUa0I — X Finance Bull (@Xfinancebull) May 27, 2026 Ripple Executives Highlighted as Key Strength Throughout the video, X Finance Bull focused heavily on Ripple’s executive team and their professional backgrounds. He pointed to Ripple CEO Brad Garlinghouse as an example of leadership with extensive enterprise experience. According to him, Garlinghouse’s previous roles at Yahoo and AOL demonstrate familiarity with large-scale technology operations and institutional business relationships. He also discussed Ripple co-founder Chris Larsen , describing him as a longtime fintech entrepreneur who previously worked on online lending and peer-to-peer finance platforms. X Finance Bull argued that Larsen’s history shows a consistent effort to modernize financial systems through technology. Ripple CTO David Schwartz received similar attention in the presentation. X Finance Bull emphasized Schwartz’s work in encrypted cloud systems and enterprise messaging technology, claiming that such expertise supports Ripple’s ambition to create a reliable payment infrastructure capable of operating at a global scale. The commentator also highlighted Ripple President Monica Long, saying her long-term involvement with the company provides continuity during periods of market pressure and regulatory scrutiny. He said her experience across Ripple’s growth phases demonstrates stability within the company’s leadership structure. Legal and Institutional Strategy Remain Central Another major focus of the video involved Ripple’s legal and regulatory approach. X Finance Bull referenced Chief Legal Officer Stuart Alderoty and his experience with major financial institutions such as HSBC and American Express. He argued that Ripple’s legal team played a critical role during the company’s battle with the U.S. Securities and Exchange Commission. According to him, Ripple’s survival during years of legal pressure strengthened confidence among XRP supporters. He claimed that companies aiming to participate in global finance must understand compliance and regulation rather than rely entirely on technology alone. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 X Finance Bull also mentioned Ripple’s broader institutional strategy, including partnerships, global expansion, stablecoin initiatives, and tokenization efforts. He argued that these developments support the idea that Ripple is attempting to build infrastructure for cross-border value transfers and digital finance systems. Toward the end of the video, he stated that XRP is designed to function as a bridge asset connecting banks, blockchains, stablecoins, tokenized assets , and traditional financial networks. He added that the transition toward digital finance, instant settlement, and tokenized economies could increase demand for systems capable of moving liquidity efficiently across multiple networks. X Finance Bull concluded that investors who focus only on XRP’s short-term price movements may be overlooking Ripple’s broader strategy. According to him, the company’s leadership structure, institutional relationships, and long-term infrastructure goals explain why many XRP holders remain confident despite ongoing market volatility. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Pundit: Watch This Before Judging XRP Price Trend Again appeared first on Times Tabloid .
29 May 2026, 10:00
Trump Rejects Iran Deal — Bitcoin Reacts With Sharp Drop Below $74K

Bitcoin’s market cap stood at roughly $1.5 trillion as the sell-off unfolded, with daily trading volume climbing past $32 billion — a sign that traders were moving fast in response to a rapidly shifting news cycle. A Fabricated Deal Sets Off The Selloff The chaos started when Iranian state television reported that Tehran and Washington had agreed on a memorandum of understanding to ease months of conflict. The draft reportedly called for restoring commercial shipping through the Strait of Hormuz within a month, a US troop pullback from Iran’s immediate surroundings, and the lifting of a naval blockade. Iran’s broadcaster acknowledged the measure was still unofficial. Reports note that Tehran said it would not proceed without what it called “tangible verification,” and that a final agreement could be taken to the UN Security Council within 60 days if talks moved forward. Markets Move On Mixed Signals Bitcoin had been trading above $75,000 before the story broke. According to Coingecko data, prices slid to a daily low of $73,200 before clawing back slightly to around $75,115 — still down about 1% on the day. The White House wasted no time dismissing the report . Officials said the MoU that Iranian state media released was “a complete fabrication,” and warned that nobody should take Iranian state media claims at face value. US President Donald Trump went further, saying the US was not satisfied with any deal Iran had put forward. That statement landed hard on markets already rattled by conflicting signals from both sides. Washington Shuts The Door The broader backdrop feeding the market reaction involves months of conflict that have already disrupted shipping in the Gulf region, raising fears about energy supplies and financial stability globally. Reports indicate the current tensions trace back to fighting between Iran and Israel earlier this year, which pulled US forces deeper into the region. Any genuine ceasefire or trade corridor agreement would have carried real economic weight — which is why even an unverified report moved prices as sharply as it did. The episode underscores just how sensitive crypto markets have become to geopolitical developments, particularly ones that touch global shipping and energy supply chains. Featured image from Getty Images, chart from TradingView
29 May 2026, 09:59
Kalshi follows CFTC in suing Minnesota over law criminalizing prediction markets

The Governor of Minnesota signed into law a measure that, starting Aug. 1, makes it a crime to advertise and operate prediction market platforms across the state.
29 May 2026, 09:37
Will Bitcoin Bulls Take Their Last Chance or Is a Crash Inevitable? (May 2026)

The Bitcoin price has reached the bottom trendline of its bear flag. With $BTC in a rather oversold condition, this is probably a good time for the bulls’ to come in and force a decent bounce. Failure to do so could mean a setup for a crash to much lower levels. Bear flag trendline bounce forthcoming? Source: TradingView The above 4-hour chart reveals that the $BTC price has arrived at the bottom trendline of the bear flag . Now, if you are a bull you would hope/expect the price to bounce off of this trendline and at least stage a reasonable rally to take the price clear of the flag bottom. With shorter term momentum indicators signalling to the upside, the bulls need to take advantage of this potential window of opportunity. However, it can be seen that so far a proper bounce has not materialised. Unless it does so, and soon, this could mean that the price starts setting up to fall below the bear flag trendline with a likely collapse to follow. If the bounce does finally take off, the target would be the top of the small descending channel, and even better, a higher high that could help to turn this short term downtrend back around. That said, what may be becoming the more likely scenario is some sideways movement which could reinforce the possible formation of a small bear flag. The playing out of this could be what sends the $BTC price down and out the bottom of a nigh-on 4-month bear flag. Huge bear flag still dominates Source: TradingView To be fair, when one looks at the $BTC price in the daily time frame there are bullish factors to be found. The 100-day simple moving average (SMA) was very instrumental in stopping a breakout when the price reached the top of the first bear flag for the last time. Now this SMA is providing support - will it be as strong? Within the large bear flag the $BTC price has traversed down inside a small descending channel . These would normally break to the upside, so wouldn’t this happen again? Finally, for the bulls, the Stochastic RSI indicators are just about to touch bottom, perhaps resulting in a cross back to the upside and some much needed upside price momentum. If we then look at the bear case, the huge bear flag is what dominates the picture. Just for the bulls to drag the price back to the top of the flag would mean a price increase of at least $11,500 from here. This would also bring the price up to the bottom resistance of the previous bear flag. Finally, if we study sentiment, we realise that it is pretty awful. According to Alternative.me , the Fear and Greed Index is back in the “Extreme Fear” segment at a score of 23. If one also scrolls down to the “Crypto Fear & Greed Index Over time’ part of the site, it can be seen that the plotted values are making similar lower highs and lower lows to the 2021/2022 bear market. Hugely pivotal point in weekly time frame Source: TradingView Into the weekly time frame we see the $BTC price at a hugely pivotal point. Would it be likely that the current bear flag extends out even further? The opposite bull flag during 2024 went on for 8 months - twice as long. However, that was much bigger. If the bulls are to have their say for the next week or two, perhaps this would only take the price up to the $78,500 horizontal resistance before it came down and collapsed into the final bear market sell-off. Towards the bottom of the chart we can see that the Stochastic RSI indicator lines are coming down, and at the foot of the chart, the RSI illustrates that the indicator line is passing through the hugely important support level of 44.80. The bulls will need to do their thing over the weekend in order for the indicator line to close above that level. All remains finally balanced. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.





































