Latest News

Kraken Parent Buys Bitnomial for $550M
Kraken parent Payward will buy Bitnomial for up to $550M, gaining CFTC-licensed U.S. crypto futures, options and clearing infrastructure.

RLUSD Debuts on Bitrue for Futures Margin
Bitrue added Ripple's RLUSD as futures margin on April 16, expanding the stablecoin's utility beyond transfers and embedding it deeper in trading.

Bitcoin Tops $69K as $196M Shorts Get Wiped
Bitcoin surged above $69K earlier today, wiping out $196M in crypto shorts as 80,963 traders were liquidated in a broad market rebound.

CFTC Self Custody No Action Letter Lifts XRP Derivatives
CFTC staff issued a first self-custody no-action letter this week, letting regulated crypto derivatives connect to self-held wallets, lifting XRP derivatives.

CFTC Innovation Task Force Targets Crypto Derivatives
Bitcoin near $71.9K, Ethereum $2.2K as CFTC this week launches an Innovation Task Force to shape US crypto-derivatives rules and curb offshore leverage.

SEC Chair Atkins: Guidance Not a Panacea for Crypto
At Blockworks Summit 2026, SEC Chair Paul Atkins said interpretive guidance won't "solve" crypto, urging closer SEC-CFTC coordination for market-structure rules.

Ethena’s Deployed Capital Plunges 85% to ~$791M as Leverage Demand Cools
Ethena's deployed capital sank 85% to ~$791M from $5B+ as perp leverage demand cooled, compressing funding and USDe basis-trade yields as carry returns fade.

Bitcoin Shorts Crushed: $530M Liquidated After White House Picks Kevin Warsh for Fed Chair
Bitcoin rallied above $73K after the White House tapped Kevin Warsh for Fed chair, crushing bears and triggering $530M in shorts in 24h, pushing BTC near $75K.

Hyperliquid ‘Leviathans’ Pile Into $257.5M Bitcoin Longs as Rally Accelerates—While Top PnL Traders Stay Cautious
CoinGlass shows Hyperliquid "leviathans" stacked $257.5M BTC longs vs $126.5M shorts as rally climbs, while top PnL traders stay wary; net +$130M bullish.

CFTC Chair Michael Selig Says U.S. Crypto Perpetual Futures Could Launch in Weeks
CFTC Chair Michael Selig says U.S.-listed crypto perpetual futures could be approved within weeks, signaling Project Crypto and a boost for regulated venues.

Arkham’s ‘0x007’ James Bond Wallet Scores $2M Silver Short as Jane Street’s $1.6B Position Ignites Manipulation Debate
Arkham flags "0x007" wallet netting $2.04M from a silver short near the top as Jane Street's $1.6B SLV stake fuels manipulation claims amid wild price swings.

XRP Derivatives Ignite: Futures Flow Surges 130% as Price Targets a $1.50 Breakout
XRP derivatives heat up as futures flow jumps 130%. Price tests $1.35-$1.40 with bulls eyeing $1.50 breakout; squeeze/liquidation risk as volatility returns.

BTC and ETH Face $8.72B Options Expiry: Volatility Spikes as Traders Watch for a Max-Pain ‘Pain Trade’
BTC and ETH options worth $8.72B expire today; prices sit below max-pain strikes, sparking volatility fears as call-heavy traders eye a pain trade ahead.

Bitcoin’s $10.5B Options Expiry: How Max Pain and Dealer Hedging Could Trigger a Bullish Reversal
Bitcoin's $10.5B options expiry Friday puts max pain and dealer hedging in focus; with a $62.5K double bottom, a 9% rally could flip bullish toward mid-$70Ks.

$61M Bitcoin Whale Liquidated on HTX as Crypto Fear & Greed Index Drops to ‘Extreme Fear’
Bitcoin whale liquidated for $61M on HTX as prices fell and Crypto Fear & Greed Index returned to Extreme Fear, fueling leverage-flush worries for traders.

CME Group to Launch 24/7 Crypto Futures and Options Trading on May 29, 2026 After $3T 2025 Volume Surge
CME Group plans 24/7 crypto futures and options trading on Globex from May 29, 2026, pending approval, after $3T notional volume in 2025 to mirror spot trade.

On-Chain Crypto Options Volume Hits Record High as DeFi Lending Yields Dry Up
On-chain crypto options volume hit record highs as DeFi lending yields dried up, signaling risk moving from passive lending to structured volatility trades.

DerivaDEX Launches Bermuda-Licensed Crypto Derivatives Exchange Governed by Its DAO
DerivaDEX launches a Bermuda-licensed crypto perp swaps exchange governed by its DAO, claiming first DAO-run DeFi venue with regulatory approval via test permit