The US Commodity Futures Trading Commission (CFTC) has approved the first cryptocurrency perpetual futures contracts, with Kalshi and Coinbase receiving authorization to list them. This marks a significant milestone for US crypto derivatives markets, providing institutional investors with additional hedging tools.
China’s Supreme People’s Court will develop judicial guidance for crypto-related cases amid rising legal disputes.
[Flash] Bitcoin Holds Above $77,000 as Oil Slide Lifts Asian Equities and Risk Appetite Bitcoin traded above $77,000 on Monday, CoinDesk reported. Asian equities rose broadly following a roughly 5% drop in oil prices, which boosted risk appetite across global markets. In a separate development, Nasdaq announced plans to launch Bitcoin options trading, marking another milestone in the mainstream financial system’s adoption of crypto assets. The move is expected to give institutional investors more regulated instruments for crypto portfolio allocation. ...
Blockchain.com Files for U.S. IPO Crypto financial services firm Blockchain.com has confidentially filed an S-1 registration statement with the U.S. Securities and Exchange Commission, formally exploring a public listing. The company becomes the latest major crypto firm to seek a public market debut, following Circle, Gemini, and BitGo. Founded in 2011, Blockchain.com is one of the earliest cryptocurrency wallet service providers in the world. The company’s product portfolio spans a crypto wallet, exchange, institutional lending platform, and NFT marketplace, with users across more than 100 countries and regions. ...
Summary: The global stablecoin supply has surpassed $300 billion, but growth is stalling as Tether gains market share at the expense of bank-issued and GENIUS Act-compliant competitors.
Summary: The SEC proposes its largest overhaul of public listing rules in over 20 years, allowing newly public companies to raise capital instantly and cutting compliance costs, with implications for crypto firms seeking easier market access.
Summary: Crypto infrastructure provider Zerohash is pursuing new funding at a valuation above $1.5 billion, after Mastercard dropped its investment plans, as Wall Street deepens its push into digital assets.
[FLASH] Two of Japan’s largest online brokerages, SBI Securities and Rakuten Securities, have announced plans to offer cryptocurrency investment trusts to retail investors. The move signals growing institutional acceptance of digital assets in Japan’s financial market.
The U.S. Senate Banking Committee voted to advance the Clarity Act, a landmark crypto market structure bill, sending it to a full Senate vote and marking a historic step for U.S. crypto regulation.
Bitcoin briefly crossed the $82,000 threshold in the past 24 hours, reaching a recent high. Market analysts attribute the rally primarily to improving macroeconomic conditions. The Block reports that simultaneously, Sui surged 25% over the same period. Analysts pointed to Sui Group Holdings’ decision to stake 108.7 million SUI tokens as the catalyst. This large-scale staking reduced circulating supply, driving the price upward. The broader crypto market is showing signs of recovery. After weeks of volatility, improving macroeconomic data is gradually restoring investor confidence. Analysts suggest that if the current trend persists, Bitcoin may test higher resistance levels. ...