Crypto Futures

XRP fell after news of a major Binance security incident triggered a broad risk-off move across crypto markets. Technical traders are watching whether XRP can reclaim the $1.26 area or face renewed pressure toward $1.20 and potentially $1.12.

Bullish crypto futures traders suffered a sharp setback after the Clarity Act failed to clear a key Senate procedural hurdle. Bitcoin and ether longs carried the heaviest losses as a policy-driven rally quickly reversed.

Coinbase Canada’s new CEO Eric Richmond says the exchange wants to bring more advanced crypto products to Canadian users, including derivatives, decentralized finance services and tokenized assets. He argues that Canada needs a permanent, harmonized digital asset framework rather than relying on temporary exemptions and fragmented guidance.

Bitcoin’s slide below $60,000 helped trigger nearly $1 billion in crypto futures liquidations over 24 hours, sparking a violent two-way move. Solana also remained under pressure after a steep selloff, even as volatility eased and prices attempted a modest rebound.