US appeals court greenlights election prediction markets
The ruling paves the way for election prediction markets to operate in the United States. Go to Source
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CME’s Bitcoin Friday Futures launch with 31K contracts on day one
CME’s new derivatives product allows market participants to hedge or speculate on Bitcoin price movements in the short term. Go to Source
Bitcoin Stumbles as ‘Uptober’ Kicks Off With a Slump
Bitcoin stumbled on Tuesday, casting a shadow over the much-anticipated ‘Uptober.’ Around 11 a.m. EDT, prices dipped to an intraday low of $61,801 on Bitstamp. Bitcoin Sinks, $289 Million in Longs Liquidated Across Crypto Markets Over the past 24 hours, bitcoin (BTC) slid 1.8%, and by 12:15 p.m. EDT, it hovered at $62,600 per unit, … Read more
Bybit Expands in CIS Region With Kazakhstan License for Crypto Services
Crypto exchange Bybit has secured a major license in Kazakhstan, marking its expansion in the Commonwealth of Independent States (CIS) region. With its new regulatory approval, Bybit plans to offer a broad range of services including digital asset trading and crypto loans, while emphasizing Kazakhstan’s growing influence in the global crypto ecosystem. Bybit Secures Key … Read more
Bitcoin Taps $63K After Fed Rate Cut Sparks Market Rally
Bitcoin reached an intraday peak of $63,227 on Thursday, following the U.S. Federal Reserve’s decision to lower the benchmark interest rate by 50 basis points the previous day. The entire cryptocurrency market has gained over 5%, and in the past 24 hours, global trading volume jumped by 26.92%. Crypto Market Surges 5%, Stocks Rise, Gold … Read more
New Synthetix app chain aims for cross-chain liquidity for SNX staking, perps
Competition is mounting among DeFi derivatives protocols after Synthetix launched on Arbitrum in July. Go to Source
Bitcoin trades under $57K, but data suggests pro traders are not bearish
Bitcoin price fell closer to $56,000, leading traders to question whether the bull market is coming to an end. US job market data could hold the answer. Go to Source
CFTC charges Uniswap with illegal derivatives trading
One CFTC commissioner dissented, calling the action “regulation by enforcement.” Go to Source
Crypto liquidations may be way worse than data has let on, suggest researchers
“Liquidation data from exchanges are bogus and a vast underrepresentation of actual liquidation volumes in the market,” according to K33 Research. Go to Source
Broadening wedge or bull flag? Either way, Bitcoin appears to be losing momentum
Traders, whales, and ETFs are buying each major dip, but Bitcoin continues to lose momentum, calling the duration of the current bull market into question. Go to Source