BitWise Chief Investment Officer Matt Haugan said Q3 could be “one of the best quarters in crypto history,” citing the sharp rally in crypto prices and the start of a booming “crypto spring” in the onchain market. In its quarterly market review published On Thursday, BitWise reported a 46.4% quarterly gain in its large-cap crypto … Read more
Kalshi’s 15-minute gold markets generated roughly double the estimated trading fees of the equivalent ether market in September, just weeks after their August launch. The gold contract, which allows traders to take positions on whether the price of gold will rise or fall in 15-minute intervals, generated an estimated $5 million a month in fees, … Read more
The classification may support the CFTC’s claim that it has exclusive federal jurisdiction over event contracts offered in regulated forecast markets. The US Commodity Futures Trading Commission is seeking to clarify the definition of a “swap” amid a jurisdictional battle with state gambling regulators over prediction markets. Office of Information and Regulatory Affairs Docket shows … Read more
South Korea’s Financial Services Commission said it is considering measures to create a market for the digital asset, after a stablecoin tied to the value of the Japanese yen traded four times its peg on a major South Korean crypto exchange earlier this month. Crypto exchange Upbit started trading JPYC, a yen-backed stablecoin, on September … Read more
Stablecoin infrastructure company HIFI has raised $37 million in a Series A funding round led by Left Lane Capital as the use of stablecoins for payments and cross-border transfers continues to grow despite weakness in the broader crypto market. Cross-border stablecoin flows rose 77.5% to $220.3 billion in the 12 months ending June 2026, even … Read more
Bitcoin closed above its 50-week moving average for the first time in more than 10 months, which some analysts said could signal the end of Bitcoin’s bear market. Bitcoin closed the week at $81,159 on Coinbase on Sunday, above its 50-week moving average of $78,788, according to TradingView. The last weekly close above the moving … Read more
Coinbase wants to bring 24/5 perpetual futures trading on individual US stocks, with its proposed contracts now awaiting regulatory approval. Coinbase has applied to the Commodity Futures Trading Commission to list single-stock perpetual futures in the US, bringing a derivative product widely used in the crypto market to individual US equities. Read more