Business

CME Ends Bitcoin Weekend Gaps with Launch of 24/7 Futures Trading Starting Friday

CME Group has officially entered the permanent crypto market. Starting Friday, CME Bitcoin futures and options now trade 24 hours a day, seven days a week on Globex, CME’s electronic trading platform, with only a weekly 60-minute maintenance break between 10 p.m. and 11 p.m. UTC each Sunday. Although weekend trades will still clear the […]

CME Ends Bitcoin Weekend Gaps with Launch of 24/7 Futures Trading Starting Friday Read More »

VanEck’s tokenized fund lands on Euler as DeFi courts Wall Street institutions

Decentralized finance (DeFi) protocols designed for crypto assets are increasingly retooling for Wall Street, and VanEck’s tokenized Treasury fund arriving on lending platform Euler is the latest example of this shift. Securitize (CEPT), the issuer and tokenization specialist behind VanEck’s VBILL Treasury fund, said on Thursday that the product is now available on Euler’s lending

VanEck’s tokenized fund lands on Euler as DeFi courts Wall Street institutions Read More »

Bitcoin (BTC) Price Falls to 6-Week Low as US-Iranian Strikes Rock Global Markets: Crypto Daily

Bitcoin BTC$73,250.57 fell below $73,000 on Thursday to its lowest level since April 13, as renewed fighting between the United States and Iran rattled global markets, pushing oil higher and dampening hopes for a permanent ceasefire. This sale follows American strikes in southern Iran. Iran’s Revolutionary Guard said it retaliated by targeting the US base

Bitcoin (BTC) Price Falls to 6-Week Low as US-Iranian Strikes Rock Global Markets: Crypto Daily Read More »

Samsung buys $408 million stake in South Korea’s largest crypto exchange

Three Samsung subsidiaries have agreed to buy a 4% stake in Dunamu, the operator of South Korea’s largest cryptocurrency exchange Upbit, for a total of 612.8 billion won ($408 million), the Korea Herald reported. Investment bank Samsung Securities is set to take a 2 percent stake in Dunamu in a 306 billion won cash deal

Samsung buys $408 million stake in South Korea’s largest crypto exchange Read More »

White House Revises CFTC Predictive Market Rule as Trump Supports Federal Oversight

The White House Office of Regulatory Review is reviewing a proposed Commodity Futures Trading Commission (CFTC) rule on prediction markets, according to a federal filing that could shape how platforms such as Kalshi and Polymarket operate in the United States. A RegInfo.gov entry shows the proposal was received by the Office of Information and Regulatory

White House Revises CFTC Predictive Market Rule as Trump Supports Federal Oversight Read More »

BlackRock Bitcoin ETF Loses $528 Million, Second Largest Daily Outflow on Record

BlackRock’s iShares Bitcoin Trust lost $527.84 million on Wednesday, the second-largest single-day net outflow since the fund launched in January 2024, according to SoSoValue data. This figure narrowly missed the record. IBIT’s largest outflow on record remains the $528.3 million withdrawn on January 30, of which Wednesday’s drawdown came close to around $500,000. The fund

BlackRock Bitcoin ETF Loses $528 Million, Second Largest Daily Outflow on Record Read More »

BTC Could Fall Much Lower As $150 Billion Treasury Operation Approaches

Fund manager issues stark warning: Bitcoin BTC$72,903.98 The ongoing sell-off could deepen as upcoming US Treasury operations are expected to drain around $150 billion of liquidity from the financial system. “In my experience, Bitcoin tends to be a better indicator of liquidity than most other instruments. If Treasury regulations weigh on liquidity, then Bitcoin could

BTC Could Fall Much Lower As $150 Billion Treasury Operation Approaches Read More »

Scroll to Top