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Former Celsius CEO Alex Mashinsky has filed a motion to vacate his 12-year prison sentence for fraud and market manipulation. According to Cointelegraph, Mashinsky submitted the request to the Southern District of New York to overturn the 144-month sentence handed down in May 2025. He argued that while he pleaded guilty to commodities and securities fraud, the verdict should be canceled due to ineffective counsel and the 'fruit of the poisonous tree' doctrine, which excludes evidence derived from illegally obtained information. Mashinsky also claimed that FTX founder Sam Bankman-Fried (SBF) attempted to destroy Celsius and is largely responsible for manipulating the price of the exchange's CEL token. Mashinsky previously announced he would represent himself in the case.

U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins, speaking at the Reagan National Economic Forum, criticized the agency's past hostile regulatory stance toward cryptocurrency, which he said forced many crypto innovations to move overseas. Atkins emphasized that he is now pursuing a new era of SEC regulatory reform focused on modernizing crypto rules, promoting the development of on-chain capital markets, and supporting the United States' growth as a global crypto hub. "We are collaborating with the CFTC to build on-chain market infrastructure and refine our approach to crypto regulation," he added. Atkins stressed that U.S. capital markets should be built on freedom and innovation, and that the role of regulators is to provide clear rules and legal certainty, not to suppress technological development.

A political agreement has been reached between Iran and the United States, but it has not yet been finalized, according to a high-ranking Iranian source.

MicroStrategy (MSTR) founder Michael Saylor stated on his X account that the U.S. Commodity Futures Trading Commission's (CFTC) guidelines are driving the development of the Bitcoin capital market. He noted that this includes 24/7 trading, BTC collateral, perpetual futures and options, and regulated access. Saylor added that he believes these measures will benefit BTC holders, support MSTR's Bitcoin strategy, and facilitate the company's evolution into a Bitcoin-based digital credit product.

Bitcoin mining difficulty increased by 1.72% to 138.96 T. The next difficulty adjustment is scheduled to occur in 13 days and 10 hours.

Aaron Klein, a researcher at the Brookings Institution, has warned that the U.S. Commodity Futures Trading Commission (CFTC) could face a regulatory dilemma over the Clarity Act. In an interview with CoinDesk, Klein noted that the CFTC was originally established to regulate commodity futures markets and was not designed to handle the scale of responsibility envisioned in current crypto-related legislation. He argued that granting the CFTC new authority without additional staff, funding, and expertise could create the appearance of regulation without substantive oversight. Klein emphasized that the debate over the Clarity Act is transforming the broader discussion about whether the CFTC can effectively regulate the crypto market.

Polymarket has announced a partnership with the soccer platform OneFootball. The collaboration will provide OneFootball users with access to Polymarket's soccer prediction market services and data.

According to CoinNess market monitoring, BTC has risen above $74,000. BTC is trading at $74,066.96 on the Binance USDT market.

Whale Alert reported that 250 million USDC has been minted at the USDC Treasury.

U.S. President Donald Trump announced he will convene a meeting to make a final decision on the issue of Iran. He stressed that Iran must agree to never possess nuclear weapons and that the Strait of Hormuz must be opened immediately without any tolls.

An anonymous whale address sold 10,000 ETH ($19.82 million) in the last 30 minutes, Onchain Lens reported. The same whale has sold a total of 45,000 ETH over the past week at an average price of $2,048, amounting to approximately $92.15 million.

The U.S. Commodity Futures Trading Commission (CFTC) has approved a Bitcoin perpetual futures product, "BTCPERP," from Kalshi, a prediction market platform and Designated Contract Market (DCM). The move opens the door for regulated platforms in the United States to legally offer Bitcoin perpetual futures. The CFTC confirmed that Kalshi's contract complies with the core principles of the Commodity Exchange Act (CEA) and has mandated strict regulatory adherence for its operation.

Coinbase has announced it will offer U.S. investors access to the global cryptocurrency derivatives market. In an official blog post, the company stated that its subsidiary, Coinbase Financial Markets, will support overseas crypto options and perpetual futures markets as a Futures Commission Merchant (FCM) regulated by the U.S. Commodity Futures Trading Commission (CFTC). Coinbase noted that while crypto derivatives account for approximately 80% of global crypto trading volume, U.S. investors have previously lacked a regulated way to trade them. This initiative will now allow U.S. customers to access global liquidity for crypto options and perpetual futures. Notably, the service will provide access to Deribit, one of the world's largest crypto options exchanges. Deribit's open interest in Bitcoin (BTC) options exceeds $31 billion, representing a majority of the global crypto options market.

Crypto market maker Wintermute is expanding its business into the prediction market sector, The Block reported. Jake Ostrovskis, head of OTC at Wintermute, said that while prediction markets are seeing demand similar to that of large asset classes, their liquidity is still in its early stages. He added that for these platforms to develop into reliable, real-time probability markets, they require continuous two-way liquidity.

Paul Brigner, chief policy and regulatory officer at the Zcash Open Development Lab (ZODL), has refuted claims on X that Zcash (ZEC) is banned in the European Union. He clarified that EU regulations only restrict regulated crypto service providers from handling accounts and transactions where user identity or transaction history cannot be verified. Brigner emphasized that this does not constitute a ban on the Zcash protocol, holding ZEC, self-custody, P2P transactions, or public transactions. He added that Zcash supports both public and private addresses, and transactions based on public addresses are similar to Bitcoin, with the sender, receiver, and transaction amount all publicly visible.

The U.S. Commodity Futures Trading Commission (CFTC) has for the first time approved Bitcoin perpetual futures trading on regulated exchanges, CoinDesk reported on May 29. Perpetual futures, a popular derivative product that allows investors to speculate on an asset's price without an expiration date, had previously been unavailable in the U.S. due to regulatory hurdles, pushing the market to overseas decentralized exchanges (DEXs) like Hyperliquid. In a written contribution, CFTC Chairman Mike Selig said the decision lays the groundwork to bring innovation and liquidity back to the U.S. that was driven overseas by the previous administration. He added that the approval provides a key tool for risk management and price discovery. Despite ongoing risks, such as the recent flash crash on Hyperliquid, the CFTC plans to foster the market by managing systemic risks, including by limiting excessive leverage. The move comes as the SEC and CFTC are issuing a series of temporary regulatory guidelines to support the industry ahead of formal legislation from Congress, such as the CLARITY Act. These efforts include establishing a token classification system and reviewing exemptions for securities tokenization.

Morgan Creek founder Anthony Pompliano believes the U.S. government's indiscriminate money printing will push Bitcoin to $1 million, Forbes reported. Appearing on CNBC, he pointed out that a decline in the dollar's value is inevitable, with U.S. debt at $40 trillion and the M2 money supply at an all-time high of $22.7 trillion. Pompliano argued that despite the current administration's efforts to curb fiscal spending, the Fed's balance sheet has swelled to $6.3 trillion, which will cause scarce assets like Bitcoin to outperform stocks. However, he remained cautious about the exact timing, stating that while price predictions are easy, getting the timing right is very difficult.

The three major U.S. stock indices opened higher today, with the Dow Jones up 0.18%, the S&P 500 up 0.09%, and the Nasdaq up 0.16%. In contrast, major cryptocurrency-related stocks are broadly weaker. Strategy (MSTR) is down 2.18%, Coinbase (COIN) has fallen 1.52%, SharpLink (SBET) is down 1.07%, Bitmine (BMNR) has dropped 2.39%, and American Bitcoin (ABTC) is down 0.48%.

The three major U.S. stock indices opened higher today. - S&P 500: +0.14% - Nasdaq: +0.17% - Dow Jones: +0.26%

Six major European Union nations—Germany, France, Italy, Poland, Spain, and the Netherlands—have agreed to establish a joint capital market supervision system, Reuters reported. The agreement includes measures to ease barriers for cross-border fund management and expand the European Securities and Markets Authority's (ESMA) supervisory powers over key financial market infrastructure. The countries also agreed to strengthen the authority of EU regulators to supervise crypto-asset trading.

New details have emerged about a draft memorandum of understanding between the U.S. and Iran, according to a report from The New York Times cited by Israel's i24NEWS. The draft reportedly centers on a temporary de-escalation of hostilities and outlines a broad, complex framework intended to pave the way for a long-term agreement through parallel political and economic commitments. Some versions are said to include language declaring an 'end of war' on multiple fronts, including a halt to fighting in Lebanon. A key proposal in the draft is the establishment of an international 'investment fund' for Iran, which some participants described as a post-war reconstruction mechanism. The fund's size is being discussed at around $300 billion, though not all mediating parties have confirmed this figure. Iran reportedly defines the initiative as a reconstruction plan to be activated after a final agreement is reached, and its previous demands for compensation for past airstrike damages were said to be much larger.

Sui announced on X that its mainnet is currently experiencing ongoing network disruptions, which may lead to temporary halts in network activity. The project's core team is actively investigating the cause and will share updates and a post-mortem analysis as soon as they are available. Sui had previously reported a mainnet halt yesterday evening.

Prediction market platform Polymarket announced on X that it is currently experiencing a partial outage in its trading functions. The company said it has identified the cause and is deploying a fix.

Cryptocurrency analyst Pelin Ay argued on X that Ethereum (ETH) shows a structure more vulnerable to short-term downward pressure. Ay's comprehensive analysis of Binance funding rates, the estimated leverage ratio, and the Relative Strength Index (RSI) indicates that the price of ETH has been in a bearish trend for the past several weeks. According to the analyst, while the estimated leverage ratio remains high, the price is trending downward, which suggests the market is being supported by derivatives positions rather than spot demand. Ay also noted that funding rates remain positive, indicating a high proportion of long positions, but the price is not reacting. These factors combined point to a phase where downward pressure is dominant, Ay explained.

South Korean crypto exchange Upbit has announced the temporary suspension of deposits and withdrawals for assets on the Sui (SUI) network, citing a halt in the network's block production. The affected cryptocurrencies include DeepBook (DEEP), Haedal Protocol (HAEDAL), LumiWave (LWA), Momentum (MMT), Sui (SUI), and Walrus (WAL).