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Crypto

U.S. CFTC staffing hits 15-year low as crypto and prediction market oversight burden grows

The U.S. Commodity Futures Trading Commission\'s workforce has fallen to its lowest level in 15 years after dropping 24% since President Donald Trump\'s return, even as oversight demands increase for cryptocurrencies, oil futures and rapidly growing prediction markets. Staff numbers fell to 535 as of February after layoffs and departures. Lawmakers and former officials raised concerns about weakened enforcement capacity, while the agency said it is using artificial intelligence and software to fill gaps.

Crypto

Bitcoin uptrend analysis flags $84,000 and ETF average buying price as caution levels

Bitcoin has rebounded to around $78,000, prompting analysis that it has entered an uptrend. The outlook also cautions that gains could be constrained by a large supply zone near $84,000. On-chain indicators such as SOPR and NUPL have turned higher, with an analyst saying the downtrend has ended and a rally has begun. Resistance is seen at $78,000, then $83,100, the average buying price for U.S. spot bitcoin ETFs.

Crypto

Grayscale to switch custodian for HYPE spot ETF from Coinbase to Anchorage

Grayscale plans to change the custodian for its Hyperliquid spot exchange-traded fund from Coinbase to Anchorage Digital Bank, reflecting the move in an amended S-1 filing with the U.S. SEC. Bank of New York Mellon will remain the transfer agent, and the fund will keep its CoinDesk benchmark rate. Grayscale said staking would be included subject to regulatory approval. The move comes as Coinbase dominates custody for most U.S. spot bitcoin ETFs.