Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore

News

Stay up to date on the latest crypto trends with our expert, in-depth coverage.

banner
All
Crypto
Stocks
Commodities & Forex
Macro
Flash
04:17
CFTC Chair: Bitcoin Prices Are Based on Supply and Demand; CFTC First to Approve Federal Regulatory Framework for Crypto Assets
On April 28, Mike Selig, Chairman of the U.S. Commodity Futures Trading Commission (CFTC), stated in an interview at the Bitcoin 2026 conference that he first read the Bitcoin white paper around 2011 and became deeply involved in the subject. In 2013 and 2014, he had the opportunity to work at the CFTC, where they observed that Bitcoin did not appear to be a security. It is a decentralized asset, something entirely new, resembling other commodities in our market—such as gold, silver, and oil. Unlike prices controlled by individuals, its price is determined by supply and demand. Years later, the CFTC became the first agency to approve a federal regulatory framework for crypto assets, allowing Bitcoin futures contracts to be traded on exchanges under our regulation. I truly believe that the CFTC is a pioneer in the cryptocurrency space. We are fortunate that there is pending legislation in Congress, and we hope it will pass, which will expand our authority and ensure that this asset class can withstand future changes in the U.S. through clear rules and a regulatory framework.
04:13
ADNOC plans to invest tens of billions of dollars to build the entire US natural gas industry chain
```htmlGolden Ten Data reported on April 28 that, according to the Financial Times, Abu Dhabi National Oil Company (ADNOC) is planning to invest tens of billions of dollars in the United States to build its natural gas business. Nameer Siddiqui, the new Chief Investment Officer of XRG, ADNOC's overseas investment division, stated that the company is evaluating 29 potential deals to create a vertically integrated global natural gas business, possibly covering every aspect from "gas extraction, owning pipelines and processing plants, shipping overseas, to having regasification facilities and pipelines to end-users in destination countries." Siddiqui noted the company is assessing various models, including controlling stake deals, drilling joint ventures and minority shareholdings, to serve the growing global demand for liquefied natural gas and meet the natural gas needs of U.S. data centers. When asked if XRG has sufficient funds amid financial challenges brought by the Iran war, Siddiqui mentioned the company "is committed to investing tens of billions of dollars in the U.S. energy value chain, and this commitment will not waver, provided expected returns are met."```
04:12
The streak of nine consecutive days of net inflows has ended as Bitcoin spot ETFs saw a total net outflow of $263 million yesterday.
Odaily reported that, according to SoSoValue data, the total net outflow of Bitcoin spot ETF yesterday (Eastern US time April 27) was $263 million. The Bitcoin spot ETF with the highest single-day net outflow yesterday was the Fidelity ETF FBTC, with a single-day net outflow of $150 million. FBTC's historical total net inflow currently stands at $10.883 billion. The second highest was the Grayscale ETF GBTC, with a single-day net outflow of $46.6259 million. GBTC's historical total net outflow has reached $26.262 billion. As of the time of publication, the total net asset value of Bitcoin spot ETF is $101.234 billion, with the ETF net asset ratio (market cap as a percentage of Bitcoin's total market cap) reaching 6.57%. The historical cumulative net inflow has reached $58.301 billion.
News