Bitcoin Futures Launch for U.S. Institutions
The Singapore Exchange (SGX) announces that U.S. institutions can now trade its bitcoin and ether perpetual futures, enhancing access to Asian liquidity. #Update #Crypto $BTC $ETH
Crypto Trading
Pertains to trading in cryptocurrencies, including strategies, tools, platforms, and trading pairs.
Canton Network Launches First Order Book Derivatives
@Ekiden has launched its mainnet, introducing the first order book-based derivatives exchange on @CantonNetwork, recording 1,502 users and $8.9M in trading volume in its first week. #Update #Crypto
Curve’s Soft Liquidation Model Boosts Borrower Resilience
Data from @Curve shows 704 soft-liquidation instances lasting a median of 14.5 days, indicating resilience in DeFi loans during market downturns. #Update #DeFi $CRV
XRP Futures Volume Surges to $37B High
XRP’s futures trading volume hit a six-month high of $64.6B in August, led by @Binance with $37B, as institutional positions build ahead of the Senate’s CLARITY Act vote on September 15. #Update #Crypto $XRP
Kraken Launches CFTC-Regulated Futures Product
@Kraken parent Payward files for CFTC-regulated perpetual futures in the U.S. via Bitnomial, covering $BTC, $ETH, $SOL, $XRP, and $ADA. Launch pending regulatory review. #Update #Crypto
Zcash Plummets as Trader Wins 26 Bets
Trader 0x362a’s short on 15,785 $ZEC is down $5.27M with liquidation at $1,316.95; a 10% rally could wipe the account. #Update #Crypto
XRP Futures Yield Gap Hits 14%
@BitwiseInvestments reveals a 14.57% annualized yield in an institutional XRP carry trade, utilizing 10.78M XRP against short positions in Coinbase futures, highlighting demand for $XRP. #Update #Crypto $XRP
Polymarket Launches 20x Crypto Futures
Polymarket launched Polymarket Perps on September 3, offering up to 20x leverage on crypto and commodities, excluding U.S. traders due to CFTC regulations. #Update #Crypto
CFTC Dismisses CME Crypto Futures Lawsuit
The US Commodity Futures Trading Commission (CFTC) has filed to dismiss the Chicago Mercantile Exchange’s lawsuit over crypto perpetual futures, claiming CME lacks standing and financial injury. #Update #Legal $BTC
SEC Approves WisdomTree Bitcoin Options
The SEC approved a Cboe Options Exchange rule amendment for options on the WisdomTree Bitcoin Fund, enhancing institutional trading tools without new spot ETF approval. #Update #Crypto $BTC
Crypto Futures Dispute CFTC Seeks Dismissal
The Commodity Futures Trading Commission (CFTC) seeks dismissal of Chicago Mercantile Exchange’s lawsuit over crypto perpetual futures approval, citing lack of financial harm. #Update #Legal
Crypto Trading Launches on Dubai FX Platform
@StandardChartered is now offering institutional crypto spot trading in Dubai, integrating $BTC and $ETH into its eFX platform for institutional clients. #Update #Crypto $BTC $ETH
WTI Crude Futures Seek CFTC Approval
@Kalshi is seeking CFTC approval for a never-expiring WTI crude oil perpetual futures contract, potentially the first of its kind on a regulated US platform. #Update #Crypto $WTI
Oil Futures Launch with Kalshi’s New Contract
@Kalshi plans to apply to the CFTC for approval of a perpetual futures contract tied to WTI oil, potentially the first of its kind on a regulated U.S. platform, available 24/5. #Update #Crypto $USDT