Browsing: CFTC
XRP reached an intraday peak of $1.60 alongside $7.4 billion in volume as regulated futures markets showed significant positioning discrepancies. CFTC data revealed leveraged funds slashed net short positions on CME by 46.3 million XRP, while Coinbase products saw much smaller shifts.
SEC Commissioner Hester Peirce stated that true decentralized finance does not require legal exemptions for peer-to-peer trading. Recent orders and staff guidance from the SEC and CFTC examine intermediary control in crypto markets.
Bitcoin held above $80,000 while mixed institutional indicators, including CFTC futures data and US spot Bitcoin ETF flows, showed varying positions among leveraged funds and asset managers without clear broad institutional backing.