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CFTC Chair Selig says America is the crypto capital of the world

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CFTC Chair Mike Selig declared the US the “crypto capital of the world” today, signaling the agency’s continued push to modernize regulations for digital assets.

“There is no better place in the world to build than the crypto capital of the world,” Selig said via the CFTC’s official X account.

Selig credited President Trump’s leadership for the regulatory shift, stating the CFTC is updating its rules “to ensure that the future of crypto and onchain finance is Made in America.”

The CFTC, the federal agency overseeing derivatives and commodities markets, has expanded its focus on digital assets under the Trump administration. He was nominated in October 2025 and confirmed in early 2026.

The agency launched a “Crypto Sprint” initiative in August 2025 and introduced spot crypto trading on designated contract markets in December 2025.

Selig has advocated for what he calls a “minimum effective dose of regulation” to promote innovation while maintaining oversight.

The CFTC chairman recently unveiled “Future-Proof,” a new initiative designed to modernize the agency’s regulatory framework for emerging markets, including digital assets, perpetual futures, and prediction markets.

Is Quantum Computing Stalling Bitcoin? Analyst Willy Woo Points to Surging Dev Activity

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An onchain analyst argues that Bitcoin developers are more actively addressing quantum computing risks than headlines suggest, with discussions accelerating in 2025 and highlighted by the first Quantum Bitcoin Summit in San Francisco. Data Shows a Shift in Focus Onchain analyst Willy Woo has entered the debate regarding bitcoin’s readiness for the looming quantum threat, […]

Bitcoin ETFs Lose $1.72B in Five-Day Outflow Streak

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US-based spot Bitcoin exchange-traded funds (ETFs) have extended their outflow streak to five days as crypto market sentiment continues to wane.

Spot Bitcoin (BTC) ETFs posted $103.5 million in net outflows on Friday, continuing an outflow streak that began the previous Friday.

Over the five days, including the four-day trading week in the US shortened by Martin Luther King Jr. Day on Monday, total outflows reached approximately $1.72 billion, according to Farside data.

The spot price of Bitcoin is $89,160 at the time of publication, having not been above the psychological $100,000 price level since Nov. 13, according to CoinMarketCap.

Bitcoin is up 2.40% over the past 30 days. Source: CoinMarketCap

Market participants often watch spot Bitcoin ETF flows to gauge retail investor sentiment and look for clues on where the trend might head for Bitcoin in the coming weeks.

The crypto market is in a “phase of uncertainty,” says Santiment

It comes as broader crypto market sentiment has been declining in recent times.

The Crypto Fear & Greed Index, which measures overall crypto market sentiment, posted an “Extreme Fear” score of 25 in its update on Sunday.

Cryptocurrencies
The Index has been in “Extreme Fear” territory since Wednesday. Source: alternative.me

Crypto sentiment platform Santiment said in a report on Saturday that the crypto market is in “a phase of uncertainty.”

“Retail traders are heading for the exits, while money and attention are flowing to more traditional assets,” Santiment said, arguing that a turnaround from the current downside may be a near-term possibility.

“At the same time, quieter signals like supply distribution and the lack of social chatter hint that a bottom may be taking shape,” Santiment said.

“The best move is probably patience.”

Meanwhile, global macro research company The Bitcoin Layer founder, Nik Bhatia, said in an X post on Saturday that the dwindling sentiment may be partly driven by recent surges in metal prices.