CFTC: Greenlights BTC Perps as DTCC Taps Stellar

CFTC greenlights BTC perps while DTCC taps Stellar in a move that builds on the CFTC Bitcoin perpetual futures approval history and prior decisions, with crypto midterm spending strategy outlined by former NRSC Executive Director Jason Thielman and StellarOrg CEO Denelle Dixon.

Bitcoin price action on the 4h chart shows price at $74007.05 testing the upper Bollinger Band resistance at $76831.48 while the EMA50 at $75580.84 and EMA200 at $76866.3 define clear resistance layers in the ongoing bearish trend; with RSI at 41.54 remaining neutral and MACD printing a bullish golden cross, a measured retracement toward the 50-EMA support appears the highest-probability path before any sustained continuation.