Bitcoin buyers build bids at 5K as crypto market meltdown nears conclusion

Bitcoin buyers build bids at $105K as crypto market meltdown nears conclusion

Deep Bitcoin bids below $105,000 signal a market cleanup phase from last week’s historic liquidation event. After the dip-buying ends, will BTC reclaim $117,500? Key takeaways: Deep liquidity bids now cluster around $105,000-$100,000, signaling market stabilization. Over 90% of BTC supply remains profitable, confirming a leverage-driven, not panic, sell-off. Read more If you liked the…

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Hyperliquid backs 24/7 crypto trading in CFTC comments submission

Hyperliquid backs 24/7 crypto trading in CFTC comments submission

Decentralized exchange Hyperliquid has submitted formal comments to the US CFTC supporting 24/7 perpetual derivatives trading. Hyperliquid, a decentralized perpetuals exchange operating on its own layer-1 blockchain, has submitted formal comments on 24/7 derivatives trading to the United States Commodity Futures Trading Commission (CFTC). In a May 23 X post, Hyperliquid Labs announced that it…

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US exchanges bet big on crypto derivatives amid tariff turbulence

US exchanges bet big on crypto derivatives amid tariff turbulence

Competition is heating up among US exchanges for control of the derivatives market for digital assets. United States exchanges are betting big on cryptocurrency derivatives as market turbulence from US President Donald Trump’s looming trade war propels demand for the financial instruments.  Since late 2024, exchanges including Coinbase, Robinhood, Kraken, and the Chicago Mercantile Exchange…

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Coinbase Derivatives lists XRP futures

Coinbase Derivatives lists XRP futures

The futures contracts are regulated by the US CFTC and add to a growing list of crypto derivatives products available for retail and institutional investors. Coinbase has listed futures contracts for the XRP token on its US derivatives exchange, the cryptocurrency platform said on April 21. The contracts are overseen by the US Commodity Futures…

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#SEC postpones ruling on Fidelity Ether ETF options

#SEC postpones ruling on Fidelity Ether ETF options

The agency delayed similar proposed rule changes by other exchanges in February. The US Securities and Exchange Commission has postponed ruling on whether or not to permit Cboe BZX Exchange to list options tied to asset manager Fidelity’s Ether (ETH) exchange-traded fund (ETFs).  The agency has given itself until May 14 to approve or disapprove…

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