
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.”

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

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.

The exchange’s integration with Deribit gives eligible US institutional investors access to global crypto options and perpetual futures markets.
