derivatives
Senate Rejects Clarity Act as Crypto Markets Face $570M Liquidation
Crypto markets are reeling this morning after a pivotal legislative defeat in the U.S. Senate triggered a massive wave of liquidations. While policy uncertainty dominates the headlines, the broader ecosystem continues to push forward with technical upgrades and privacy-focused innovations despite the cooling sentiment. Clarity Act Stalls as Regulatory Hopes Fade The U.S. Senate dealt...
CFTC Proposes Conflict-of-Interest Rules for Vertically Integrated Markets
The CFTC unveiled sweeping new rules on July 30, 2026, designed to prevent conflicts of interest among vertically integrated market participants—a structural shift that could reshape how crypto derivatives trading operates in the United States. The proposal, which targets regulatory gaps in parts 37, 38, and 39 of CFTC regulations alongside amendments to Commission Regulations...
Binance.US Eyes CFTC License for U.S. Prediction Markets
Binance.US announced plans to apply for a Commodity Futures Trading Commission license in August to launch a regulated prediction market platform, marking a significant step in the exchange’s comeback strategy following years of regulatory turmoil. The announcement, made by CEO Stephen Gregory at the RareEvo conference in Las Vegas on July 29, signals that the...
BitMEX Sued for $40.7M Bitcoin on Shutdown Day
BitMEX faces a 622.66 Bitcoin class action lawsuit valued at $40.7 million, filed Thursday in New York federal court just hours after the storied derivatives exchange announced its shutdown on September 23, 2026. The timing underscores mounting legal exposure for the legacy platform as it exits the market after an 11-year run that fundamentally shaped...
BitMEX Shuts Down Sept. 23 After 11-Year Run, BMEX Crashes 93%
BitMEX, the pioneering crypto derivatives exchange that transformed global market structure through the invention of perpetual swaps, announced today that it will permanently shut down operations on September 23, 2026, at 04:00 UTC, bringing an 11-year run to an end. The decision by HDR Global Trading Limited, the Seychelles-registered parent company, follows a strategic review...
XRP Breaks Month-Long Triangle as Bulls Eye $1.35 Target
XRP has broken out of a month-long symmetrical triangle formation and is now testing key resistance levels, with early momentum suggesting a potential recovery toward $1.35 as traders watch for confirmation of a broader bullish reversal. The altcoin gained 4% over the past 24 hours to reach $1.13, marking its strongest daily performance in weeks...
Citadel Invests $400M in Crypto.com at $20B Valuation
Citadel Securities has invested $400 million in Crypto.com at a $20 billion valuation, marking the Singapore-based exchange’s first institutional fundraising round since its 2016 founding. The investment represents a significant milestone for the crypto industry and signals accelerating institutional conviction in digital asset infrastructure, particularly as traditional finance and crypto markets converge around tokenization and...
Hyperliquid Token Slides 7 Percent Despite Record $11B Open Interest
Hyperliquid’s HYPE token is under pressure despite record platform metrics, with the decentralized exchange recording $11.07 billion in total open interest and generating $1.73 million in daily fees. The token has declined 6.90 percent over the past 24 hours to $62.36, extending a seven-day loss to 7.20 percent, even as fundamental data from the underlying...
Hyperliquid Smashes RWA Record at $3.6B, Overtakes Bitcoin Volume
Hyperliquid’s real-world asset derivatives market has surged to a historic $3.6 billion in open interest, marking the first time RWA perpetuals have eclipsed Bitcoin as the platform’s largest trading venue. The milestone signals a dramatic shift in trader capital allocation toward tokenized equities, commodities, and pre-IPO assets on the decentralized derivatives exchange. Background on Hyperliquid’s...
Bitcoin Bounces to $59K as $1B in Futures Liquidated
Bitcoin rebounded to $59,770 over the weekend after touching its lowest level since September 2024, yet another $1 billion in futures positions were liquidated as derivatives traders face mounting losses across the market. The bounce marks a critical inflection point amid extreme fear conditions, with the Fear & Greed Index at 13, while institutional ETF...
CFTC Approves Onshore Bitcoin Perpetual Futures, Signals Regulatory Progress
The U.S. Commodity Futures Trading Commission has approved onshore Bitcoin perpetual futures contracts, marking a significant regulatory milestone for institutional cryptocurrency trading in America. The approval, announced June 12, 2026, removes a critical infrastructure barrier for U.S.-based traders seeking high-leverage derivatives exposure to Bitcoin, signaling continued momentum toward mainstream financial integration of digital assets. Background...