CME's Duffy Warns US Perpetual Futures Hide IRS Tax Bomb
The legal fight is framed as futures vs. swaps, but Duffley's real alarm is the IRS bill traders could face if courts reclassify a year of 1256 filings as ordinary income.
Every crypto post from the last 24 hours.
The legal fight is framed as futures vs. swaps, but Duffley's real alarm is the IRS bill traders could face if courts reclassify a year of 1256 filings as ordinary income.
Sonic, Scroll, zkSync, Metis, Soneium and Aptos together hold under 1% of Aave's $14B TVL and earn less than a dinner per chain each quarter, while protocol revenue is already sliding.
The reverse split keeps the listing alive, but a suspended stock leaves BTC treasury management under a cloud while the company still sits on roughly 8,000 BTC.
Prediction markets now price just a 37% chance of passage before year-end, and the bank warns delays risk pushing tokenization onto TradFi rails rather than public crypto networks.
Nine senior departures, 20% layoffs and a CROPS mandate rewrote the Foundation's role while spot ETH ETFs pulled $11.23B and BlackRock pushed deeper onchain.
Wall Street desks have quietly reshaped crypto's plumbing: realized volatility has dropped from 70% to 45% across cycles, altcoin flows concentrate in fewer names, and tokenized RWA just climbed to…
With September hike odds jumping to 43% from 23% on the same day, the real story isn't the hold, it's the market's read that the Fed is now behind the curve on the long end.
The A$54.6M penalty ask lands one day after France arrested Pavel Durov on terrorism-related charges, putting Telegram under simultaneous legal pressure across multiple jurisdictions.
A listed company trimming its BTC treasury to pay for a concrete expansion is a different signal from selling into a drawdown: it is a capital allocation move, not a loss cut.
The miss is large enough to reopen the recession-bid conversation on its own, and it lands the same week as the Fed's rate decision.
The $27M July outflow is the first negative month for Hyperliquid ETFs after $280M of cumulative inflows, yet Grayscale argues HYPE trades at 15-18x projected earnings versus 35-40x for Coinbase and…
The holder count more than doubled month-over-month, with Robinhood's new chain capturing the largest share in under four weeks, signalling that tokenized equities are moving from niche product to…
The chain beat Solana's $10.6B and Ethereum's $5.8B in weekly DEX flow, but the price still needs to clear the $620 to $646 resistance before any breakout call sticks.
The 377MW direct lease plus 152MW AMD-backstopped neocloud line is the structural beat, while 30M warrants vesting only at full 2.5GW scale cap the upside.
The $38M case lands while Telegram's founder is already facing terrorism charges in Russia and a French investigation, stacking legal pressure on the platform crypto projects depend on for community…
The rotation trims the speculative edge of the complex (BitMine, Block, Robinhood) and concentrates into the regulated on-ramp and the largest US stablecoin issuer, a posture that usually reflects a…
ETF flows get the headlines, but the real fragility sits in Bitcoin-backed credit: a 50% LTV loan liquidates near $39,900, and the credit stack that built up around that collateral is mostly…
A 41% cut in one session signals how far the sell-side bar has moved on COIN, with Q2 earnings due and the diversification thesis now under formal pressure.
After $2.43B and $4.52B fled in May and June, July's $205M tally shows the institutional bid is not just light but contracting: per-product appetite is approaching the floor of an entire year of…
A 22% rate kicking in Jan. 1, 2027 on gains above ~$1,740 will decide whether Korean retail stays onshore or migrates to offshore venues; the political fight moves to a subcommittee this week.