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Bitcoin saw its lowest levels since the middle of April as BTC price action continued ot diverge from thriving US stock markets.

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.

The CFTC issued notices affecting platforms seeking to offer cryptocurrency perpetual futures contracts, including a no-action position for Coinbase and approval for Kalshi.

Swan Bitcoin CEO Cory Klippsten said it is important to pay attention to retail sentiment around Bitcoin, as ownership is still far from concentrated and “it’s not like Blackrock owns the Bitcoin.”

Over $500 million in Bitcoin bids now sit near $70,000, while options traders and futures positions converge around the same level.

As the CFTC and Gemini work together to seek a court’s reversal of a 2025 settlement, one of the agency’s former chairs said the public “deserves a better explanation.”

Strategy’s capital structure may be under pressure as Arca’s Jeff Dorman highlights $15 billion in preferred stock obligations and CEO comments on possible Bitcoin sales.

Texas is hiring a crypto custodian to move its $10 million Strategic Bitcoin Reserve from BlackRock’s IBIT ETF into directly held coins and build full state‑level BTC plumbing.

DxSale was drained for about $7.3 million from BNB Chain liquidity providers, raising fresh concerns over old DeFi locker contracts.

OKX Ventures and KIS to invest $53 million each for a 19.6% stake in Coinone, deepening ties between traditional finance and crypto in South Korea’s tightly regulated market.