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CME Crypto Futures Volume Hits Record 795,000 Contracts Amid Volatility

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CME Group broke its single-day record for trading cryptocurrency futures and options, recording 794,903 contracts on November 21, the company said. This spike, which exceeds the previous record set in August, highlights an increase in demand for regulated crypto derivatives at a time of increased market volatility. The Chicago-based exchange saw activity across its crypto […]

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Celestia’s “Matcha” Upgrade Readiness Network for a Cross-Chain Future

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The project behind the Celestia data availability blockchain on Monday rolled out what it calls its biggest software upgrade to date, dubbed Matcha. At its core, this update is designed to increase network capacity and improve token economics. Among the technical changes, it increases the maximum block size to 128 MB (from 8 MB) and

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HBAR gains 2.4% to $0.144 as Axelar integration drives cross-chain expansion

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HBAR climbed 2.38% to $0.144 as trading volume jumped 59% above its weekly average, thanks to Axelar’s new integration that connects Hedera to over 60 blockchains. Despite the catalyst, the token continued to lag the broader market, underperforming the CD5 index by 1.64% as capital shifted to other digital assets. Intraday volatility remained high, with

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Franklin Templeton joins the XRP ETF race, calling it “fundamental” for global finance

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Franklin Templeton launched its XRP exchange-traded fund (ETF), the Franklin XRP Trust (XRPZ), on NYSE Arca on Monday, providing investors with regulated access to the XRP token. The move places one of Wall Street’s oldest institutions in the growing field of XRP fund issuers, which already includes Bitwise, Grayscale and Canary Capital. The launch expands

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Tether raises its holdings in Rumble (RUM)

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Rumble (RUM), a video-sharing platform with growing ambitions in cloud computing and crypto, jumped 13% on Monday as major shareholder Tether increased its stake in the company and investor sentiment toward data center companies. A filing with the U.S. Securities and Exchange Commission (SEC) on Friday shows that Tether Investments purchased approximately 1.06 million shares

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Monad’s MON Token Makes Weak Trading Debut as Demand Is Weak and Tokenomics Raises Concerns

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The MON token for the new Monad blockchain made its commercial debut on Monday, but early market activity suggests a lukewarm reception for one of the most anticipated layer 1 blockchains of the year. MON changed hands around $0.02417 during the first hours of trading, according to Coinbase data. With 10.83 billion tokens in circulation,

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DOGE Trading Ideas as Grayscale’s GDOG ETF Debuts

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Dogecoin pulls back from early session strength as Grayscale’s DOGE ETF debut fails to offset selling pressure and lingering resistance levels. News context Grayscale launched its DOGE ETF (GDOG) on the New York Stock Exchange, expanding institutional access to the meme coin. The debut follows the continued expansion of ETFs in the crypto industry, including

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BitMine (BMNR) purchased almost 70,000 ETH

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BitMine Immersion Technology (BMNR), the largest Ethereum treasury company, continued to increase its ether ETH$2,805.43 The holdings now hold 3% of the second-largest cryptocurrency supply despite growing headwinds for digital asset treasury companies amid falling crypto prices. The company chaired by well-known investor Tom Lee announced on Monday that it had acquired 69,822 tokens over

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Bitcoin Sinks as ETF Outflows Rise, Wall Street Bank Citi Warns of Seasonal Cooling by Halving

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Wall Street bank Citigroup said the October wipeout of crypto futures shattered sentiment, generating nearly $4 billion in bitcoin. BTC$86,315.95 exchange-traded fund outflows and the erasure of year-to-date gains. With new flows drying up, bitcoin has moved back toward the average ETF holders’ cost basis and is trading more like Citi’s bear case than its

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Cipher (CIFR), CleanSpark (CLSK) upgraded by JPMorgan (JPM) as HPC shift accelerates

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Wall Street bank JPMorgan is sharpening its view on U.S.-listed Bitcoin miners as a wave of high-performance computing (HPC) deals reshapes business models and adds clarity to long-term revenues. The bank upgraded Cipher Mining (CIFR) from neutral to overweight and raised its price target on the stock from $12 to $18. Shares were up 4.2%

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