CME Sues CFTC Over Approval of Perpetual Futures for Kalshi and Coinbase
📊 COIN — Piyasa Yorumu
▼ down · 70%The news involves a lawsuit against Coinbase regarding its perpetual futures license, which could increase regulatory uncertainty and pressure the stock. Technically, the price is trading below the 20-day moving average (168.51), and the RSI is in weak territory at 41. The MACD is below the signal line and approaching negative territory, indicating weakening short-term momentum. The last close at 163.29 is near the 50-day moving average (163.71); a sustained break below this level could trigger further declines. However, given the uncertain long-term impact of the lawsuit, excessive bearish expectations should be avoided.
📊 CME — Piyasa Yorumu
▼ down · 65%The news creates uncertainty and potential operational risk as CME files a lawsuit against a regulatory body. Technical indicators already point to a weak position: the price is below both the 20-day and 50-day moving averages, the RSI is near oversold territory at 30.66, and the MACD is negative below the signal line. The 7.8% decline in the last 24 hours indicates intense selling pressure. In the short term, this negative momentum is likely to continue, but the pace of the decline may be limited due to oversold conditions.