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Bitcoin dip buyers place $500M in bids as $70K retest looms

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy1pbWFnZXMuY3RtZWRpYS5pby9tZWRpYS9hcnRpY2xlLWNvdmVycy9oaS1ob3ctdG8tcmVhZC1jcnlwdG8tY2hhcnRzLWJpdGNvaW4uanBn.jpg" alt="Bitcoin dip buyers place $500M in bids as $70K retest looms" class="type:primaryImage"></p><p>Over $500 million in Bitcoin bids now sit near $70,000, while options traders and futures positions converge around the same level.</p>

‘Extraordinarily unusual’ for CFTC to reverse Gemini settlement deal: Ex-chair

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.”

A mystery man tried to buy Playboy’s high-end lingerie business. It turned out to all be a scam.

Prosecutors say Kevin Juin used money he raised to buy the company Honey Birdette to purchase luxury watches, jewelry, private-club memberships and OnlyFans subscriptions.

Oil slides, stocks climb as Trump puts off determination on Iran proposal

A White House meeting Friday ended without a decision by the U.S. president.

ServiceNow’s stock soars to a historic month as AI fears fade across software

ServiceNow shares gained over 40% this month, leading an industrywide relief rally among enterprise software companies.

CFTC backs crypto perpetual contracts, issues advisory on 24/7 trading

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

One of the hottest crypto products in the world is finally coming to the U.S.

Kalshi and Coinbase have received permission from the Commodity Futures Trading Commission to bring perpetual futures to U.S.-based investors.

The ‘Three A’s’ are keeping the economy afloat during Iran war. Is it enough to avoid recession?

The U.S. economy may be more fragile than a raging bull market suggests.

Sui network temporarily stalls again after Thursday's outage

<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy1pbWFnZXMuY3RtZWRpYS5pby9tZWRpYS9hcnRpY2xlLWNvdmVycy9ibG9ja2NoYWluLXRhbmdsZWQtY2F0cy1jcmFkbGUuanBn.jpg" alt="Sui network temporarily stalls again after Thursday's outage" class="type:primaryImage"></p><p>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.</p>

The company behind the White House’s UFC event says rivals ‘would kill’ for the opportunity. Critics say that’s a problem.

As work crews put up a temporary arena on the White House grounds for a UFC event next month tied to America’s 250th anniversary, supporters and critics of the event are in agreement that its prime placement in front of an American icon is an unprecedented opportunity for a company.

What’s next for investors after the AI rally supercharged stocks in May?

Also: A way to invest in SpaceX before its IPO and advice from the Moneyist.

Dell’s stunning 30% stock rally is giving a big boost to shares of other server makers

Dell’s blowout earnings report is highlighting how the AI buildout is also driving demand for old-school computing.

Oil prices tumble 20% in May — the biggest monthly drop since 2020. Here’s what’s next.

Global oil prices tumbled over 20% in May on hopes for the U.S.-Iran peace deal.

Coinbase brings global crypto derivatives markets to US institutional clients

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

Space stocks tumble after a Blue Origin rocket explodes and SpaceX’s valuation gets a reality check

The red-hot space sector was feeling some heat on Friday, cooling from some of the spectacular gains seen in May.

‘Fairness is important to us’: We sold our family business to our son at a discount. How can we make this up to our other child?

“We did not seek or consider other offers. We engaged several professionals throughout the process.”

I pay $4,000 in rent. If I stay put, how long will it take me to afford a $750,000 home?

“You have to pay for movers, security deposits, and let’s not forget buying furniture for each apartment.”

These S&P 500 stocks have soared the most during the AI-driven May rally

Even stocks in the beleaguered software industry have been on fire.

Bitcoin plums new six-week lows as analyst eyes BTC price dip 'end' at $72K

Bitcoin saw its lowest levels since the middle of April as BTC price action continued ot diverge from thriving US stock markets.

Ex-Celsius CEO files motion to vacate sentence after lawyers withdraw

Former CEO Alex Mashinsky filed documents seeking to vacate his 12-year sentence, which included claims involving FTX and a “hostile takeover” by a former Celsius executive, who was sentenced to time served.