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Commodity Futures Trading Commission Chairman Mike Selig told CoinDesk that the agency will continue to defend its “exclusive regulatory authority” to oversee prediction markets in court. “It doesn’t matter if it’s on sports, politics or anything else, if it’s a validly offered product within a CFTC-regulated exchange, then we regulate that,” Selig said.You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions.NASHVILLE, Tenn. — The Commodity Futures Trading Commission is just defending its territory in suing states over prediction markets, the regulator’s head told CoinDesk.CFTC Chairman…

Aave (AAVE) is trading at $89.82 after a 2.48% decline in the past 24 hours, positioning the DeFi protocol token near critical technical levels. With the RSI showing oversold conditions and key support zones being tested, our AAVE price prediction suggests a potential recovery phase ahead. AAVE Price Prediction Summary • Short-term target (1 week): $92-94 • Medium-term forecast (1 month): $94-99 range• Bullish breakout level: $99.17 • Critical support: $84.75 What Crypto Analysts Are Saying About Aave Recent analyst predictions from early January 2026 remain relevant for current market conditions. Rebeca Moen projected “AAVE price prediction shows bullish reversal…

United States President Donald Trump is facing renewed scrutiny, as crypto tokens and projects promoted by the US president crash to all-time lows or sit near record low levels.The Official Trump token (TRUMP), a memecoin promoted by Trump, hit an all-time low of about $2.73 in March 2026 and is currently trading at about $2.86, according to data from CoinGecko. The TRUMP memecoin has plummeted in price since launching in January 2025. Source: CoinGeckoWorld Liberty Financial (WLFI), a decentralized finance (DeFi) platform co-founded by Trump’s sons, also issued a governance token, which crashed to an all-time low on Saturday, falling…

SpaceX is sitting on 8,285 BTC worth $603 million in Coinbase Prime custody while reporting a loss of nearly $5 billion for 2025, according to Arkham Intelligence data and a report from The Information published late Friday.The loss marks a sharp reversal from a year earlier when SpaceX generated roughly $8 billion in profit on revenues estimated between $15 billion and $16 billion.Revenue grew to $18.5 billion in 2025, but the integration of xAI, Elon Musk’s artificial intelligence venture acquired in February, drove costs past the top line.There are no changes to the company’s bitcoin position despite these losses. Transfer…

AAVE Price Prediction Summary • Short-term target (1 week): $108.38 • Medium-term forecast (1 month): $113-$115 range• Bullish breakout level: $97.94 • Critical support: $86.60 What Crypto Analysts Are Saying About Aave While specific analyst predictions from key opinion leaders are limited in recent days, CoinCodex has provided comprehensive Aave forecasts indicating significant upside potential. According to their April 6th analysis, Aave is expected to trade within a price range of $87.59 to $108.38 this week, with the upper target representing an 18% gain from current levels. The platform’s longer-term AAVE price prediction shows even more optimism, forecasting the token…

The Bitcoin (BTC) community is discussing the feasibility and implications of the Iranian government accepting BTC for tolls paid by oil tankers crossing the Strait of Hormuz, a critical shipping lane through which about 20% of the global oil supply passes. The reactions were sparked by a Financial Times report, published on Wednesday, which said that the Iranian government was considering BTC payments for oil tolls to avoid sanctions imposed by the United States.Several conflicting reports have been published since the Financial Times article, which suggest that the tolls are payable in stablecoins or Chinese yuan, according to Alex Thorn, the…

A long-running dispute between OKX founder Star Xu and Binance founder Changpeng “CZ” Zhao resurfaced Thursday, with Xu calling CZ a “habitual liar” in a series of posts on X that revisit allegations dating back more than a decade.The clash traces back to Zhao’s brief tenure at OKCoin, founded by Xu, when he was accused in 2015 of “harmful acts of conduct” and misleading statements tied to a contract dispute involving Roger Ver, claims Zhao has previously disputed.This latest flare-up also follows an earlier public disagreement in January, when Xu blamed Binance-linked market dynamics for amplifying the Oct. 10 crypto…

The Hong Kong Monetary Authority has granted its first stablecoin issuer licenses, with banking giant HSBC among the inaugural recipients. The April 10 announcement marks the culmination of a four-year regulatory effort and positions Hong Kong as Asia’s first major jurisdiction with a comprehensive stablecoin licensing framework.HSBC’s Hongkong and Shanghai Banking Corporation and fintech firm Anchorpoint Financial Limited received licenses under the Stablecoins Ordinance, effective immediately. Both licensees plan to launch operations within the coming months after completing preparatory work.What the License RequiresLicensed issuers must maintain reserves equal to at least 100% of outstanding stablecoin value, held in high-quality liquid…

Data shows Bitcoin (BTC) investors who had held their positions for over seven years took profit last week by selling $271 million in BTC.A similar wave of “OG whale” selling in January coincided with a more fragile market that lacked buyer demand, triggering a sharp dip in the BTC price. Current onchain data reflects a much stronger market where BTC supply absorption and reduced selling may allow Bitcoin to hold its place in the $70,000-$72,000 range.OG Whale BTC supply meets strong absorptionData from Capriole Investments shows that the Bitcoin “OG whale spent value” moved roughly $271 million on Sunday. That…

Kuala Lumpur, Malaysia, April 9th, 2026, Chainwire Enhanced Labs Inc, a company focused on building DeFi solutions that package sophisticated options and derivatives strategies into very easily-accessible products for users, has successfully closed a $1,000,000 strategic pre-seed funding round.  The round was led by Maximum Frequency Ventures with participation from GSR, Selini, Flowdesk, and other angel investors. The team has highlighted that this is a strategic pre-seed round, with the composition of its investor base being intentional, prioritising strategic alignment. These investors have targeted expertise in trading infrastructure, market-making, institutional distribution, and more. According to the announcement article , Enhanced’s…