Key Highlights Cash Cat posted a 12% price gain alongside a 14% increase in perpetual Open Interest, reaching $48.37 million. Bearish headwinds emerged as funding rates dropped, short positions expanded, and perpetual netflow saw approximately $544,000 exit the market. Forced liquidations totaled $7,760, with long traders absorbing the vast majority of liquidations at roughly $7,600 ...
Key Highlights: Market analysts emphasize that Bitcoin’s short-term price movements remain heavily governed by derivatives and “paper bitcoin” rather than underlying onchain spot demand. Despite extreme volatility driven by leveraged bets, improved transparency into order books and positioning is offering participants better market visibility. Industry experts recommend closely tracking key metrics, such as open interest ...
Key Highlights: Robinhood Chain transaction counts plunged 42%, accompanied by a 31% drop in daily active addresses to an average of roughly 322,000. Spot trading volume fell 21% to $7.45 billion, with Uniswap accounting for roughly 77% of that decentralized activity. Despite the lull in spot swaps, total deposits reached $1.04 billion, stablecoin supplies rose ...
Key Highlights: Edgex ($EDGE) recorded an 11% decline over 24 hours amid neutral overall sentiment and derivative outflows. Perpetual Netflows plunged to -$746,000 and Open Interest fell 10.36%, even as spot traders accumulated $1.65 million worth of the asset. Liquidation heatmap data reveals thin liquidity below current levels alongside heavy clusters above, signaling limited downside ...
Key Highlights: Kalshi has proposed a 10-year West Texas Intermediate (WTI) crude oil contract designed to eliminate monthly rollover costs and physical delivery risks at Cushing, Oklahoma. Unlike typical derivatives, the contract cannot be self-certified and requires direct Commodity Futures Trading Commission (CFTC) review due to its quasi-perpetual nature. The initiative emerges amid heated rivalry ...
Key Highlights: London-based asset manager Abraxas Capital Management has been linked to two prominent wallets maintaining substantial short positions on the Hyperliquid decentralized exchange. Beyond major perpetual futures bets against Bitcoin (BTC) and Ethereum (ETH), the addresses hold short exposure to Solana (SOL), Hyperliquid (HYPE), Ethena (ENA), Ripple (XRP), Sui (SUI), and Big Pump (PUMP). ...
Key Highlights: Prediction market Kalshi is expanding into financial derivatives by offering perpetual futures contracts tied to stock market exposure. Unlike traditional futures contracts, perpetual futures have no expiration date and rely on periodic funding rates between traders to track the underlying asset index. The move, following an August filing with the Commodity Futures Trading ...
Key Highlights: Prediction market Kalshi submitted a regulatory filing with the US Commodity Futures Trading Commission (CFTC) to introduce perpetual futures contracts linked to the Pepe meme coin. Just two days after the initial submission, the platform abruptly withdrew the proposal. The sudden withdrawal comes despite Kalshi previously listing other major meme tokens, including Dogecoin ...
Key Highlights: Hyperliquid’s trading volume remains thin amid broader market conditions. The decentralized exchange’s integration with Wormhole expands its access to multiple blockchain ecosystems. Traders are watching the impact on $HYPE liquidity, user adoption, and cross-chain trading activity. Hyperliquid’s Wormhole Integration Puts Multichain Trading in Focus Hyperliquid’s trading volume remains thin, reflecting broader conditions across ...
Key Highlights Hyperliquid is attracting attention as the largest on-chain derivatives venue. Copper’s integration with Hyperliquid could improve institutional access to on-chain derivatives trading. Traders will be watching the impact on liquidity, volumes, and institutional participation. Copper and Hyperliquid Integration Puts Institutional Crypto Trading in Focus The crypto market is showing mixed signals, with digital ...
Key Highlights: The SEC charged Meyer Global Management and CEO Owen Meyer over alleged fraud involving private funds holding SpaceX and other pre-IPO investments. The regulator alleges that investor money was used for personal expenses, account values were inflated and a SpaceX-related fund lost nearly $3 million after a missed capital call. The case comes ...
Key Highlights Standard Chartered projects that Ethena’s ENA token could reach $2 by the end of 2028. The target would represent an approximately eightfold increase from current levels. The bank identified Ethena’s exposure to perpetual futures, tokenization and stablecoins, along with ENA buybacks, as potential growth and price-support factors. Standard Chartered Sets $2 Target for ...