CFTC And SEC Seek Input On Derivatives Definitions As Crypto Perpetuals Face Legal Test
The CFTC and SEC have opened a joint public comment process on derivatives product definitions, adding fresh regulatory weight to a debate that could shape how crypto perpetual futures are treated in the United States. TL;DR The agencies are seeking…
TD Cowen says CME has the upper hand in lawsuit against CFTC over crypto perpetual futures
“We expect CME will seek a preliminary injunction to block perps as the case proceeds,” said TD Cowen’s Jaret Seiberg.
Kraken Plans CFTC-Regulated Perpetual Futures For US Crypto Traders
Kraken says it plans to launch CFTC-regulated perpetual futures for eligible U.S. traders, covering major crypto assets including BTC, ETH, SOL, and XRP.
Hyperliquid Is Outperforming Solana on Price, But Can a Perps DEX Actually Flip a $38 Billion Network?
Hyperliquid (HYPE) is outpacing Solana (SOL) on price, and the gap is widening. SOL has dropped to its lowest level since 2023, caught in a broader DeFi rotation out of general-purpose L1S, while HYPE has absorbed that displaced capital and kept…
CME Bitcoin Futures Open Interest Reaches ATH, Fueled by Active and Direct Investors
The Chicago Mercantile Exchange (CME) has recently announced that the open interest in its Bitcoin futures market has reached an all-time high. As of October 15, 2024, the open interest hit a staggering 172,430 BTC according to Coindesk report,…
Bitcoin Futures Market Sees Significant Activity
The Bitcoin futures market is currently experiencing substantial activity, with Coinglass reporting a total of 548,700 BTC, valued at approximately $36.861 billion, in futures contracts across the entire network. This significant volume underscores the…