CME sues its own regulator to block US crypto perps
The unusual lawsuit pits the largest US derivatives venue against the CFTC over whether blockchain-based perpetual futures count as swaps, with $60T in offshore perps volume hanging over the fight.
Bitcoin (BTC) is the first decentralized cryptocurrency, introduced in 2009 by an individual or group operating under the pseudonym Satoshi Nakamoto. It runs on its own blockchain, the Bitcoin network, secured through a Proof of Work consensus mechanism in which miners use computing power to validate transactions and produce new blocks roughly every ten minutes. The protocol defines a hard cap of 21 million coins, and the block reward given to miners is automatically halved approximately every four years, embedding a predictable, disinflationary issuance schedule into the network. This scarcity, combined with permissionless access and resistance to censorship, has led many to characterize Bitcoin as a form of digital gold or a store of value distinct from traditional fiat currencies. Beyond peer-to-peer transfers, the Bitcoin ecosystem has expanded to include Ordinals, a method of inscribing data onto individual satoshis that enables NFT-like assets directly on the base layer, and BRC-20, an experimental fungible token standard built on those inscriptions. Emerging Bitcoin Finance (BTCFi) initiatives extend these capabilities further, allowing BTC to be used in staking, lending, and cross-chain security applications, positioning Bitcoin as a foundation for a broader decentralized financial ecosystem.
The unusual lawsuit pits the largest US derivatives venue against the CFTC over whether blockchain-based perpetual futures count as swaps, with $60T in offshore perps volume hanging over the fight.
The HKMA's first Quantum Preparedness Index lands the sector squarely in the awareness phase. Half the lenders surveyed have no formal post-quantum migration plan, even as harvest-now-decrypt-later…
Equity stress is deepening, with South Korea's Kospi down 10% and Nasdaq e-mini futures at their lowest since May, yet Bitcoin is showing relative resilience against the broader risk-off wave.
With the Senate shelving the CLARITY Act and the Fed rate decision two days out, BTC's slide past $63K is now riding a global risk-off tide anchored by a 25% Kospi drawdown.
The AI model pegs a $64,500 base, a $140K–$180K central case, and a $200K–$250K ceiling if institutional demand accelerates, with $60K as the hard line that would require real macro tightening to…
A rate hike into an already-softening labour market was not the base case two weeks ago; the repricing is forcing desks to hedge for a hawkish surprise rather than a dovish cut.
GOP plans to force the vote even without the seven Democratic votes needed for 60, betting a public 'no' is more useful than another delay while Bitcoin and Ethereum keep building regardless.
Weak futures positioning and selling pressure leave the breakout unconfirmed, despite crypto’s resilience during the AI-stock selloff.
Prop firms and market makers are likely to test the contracts first, while banks wait for deeper liquidity, settled rules and infrastructure for 24-hour risk.
The target still implies roughly 275% upside from a Buy rating, so the cut is a recalibration, not a downgrade; refinancing $105M of debt through 2027 at lower rates reshapes the bull case.
Roughly 85 roles are gone, but Uphold is not closing any office: the bet is that banks, fintechs and broker-dealers will keep hiring crypto infrastructure even as retail traders have stopped logging…
The complaint frames server freezes and internal trades as deliberate user-fund grabs timed to the orderly wind-down, putting BitMEX's exit liability under judicial review.
The brokerage partnership is a stepping stone, not the headline: Metaplanet is laying groundwork for 4–6% bitcoin-backed bonds that may eventually settle on-chain via stablecoin.
BitMEX engineer Ben Delo's 2015 fix for a Bitcoin futures annoyance became crypto's dominant trading venue, and US regulators are now eyeing the same structure for equities on the CME.
Glassnode's Week 31 pulse reads as four corroborating signals of consolidation: spot stuck between $64K and $66.7K, perps showing softer buy-side aggression, spot ETFs back in net outflows, and…
AMINA is a regulated bank with $245M already raised and Tier 1 capital near $91M, so the pitch is structural growth capital, not a quick SPAC listing.
The price target barely moves, but the buy thesis does: cash on the balance sheet makes the next leg of MSTR's bitcoin accumulation a financing question, not a will question.
The exchange made customers whole by October 2021, but the regulator's criminal referral over disclosure failures now lands as the precedent Thai-licensed venues will be measured against.
Hyperliquid's oil-perp volume hit a $1.2B record on a Sunday while CME sat dark, and Energy Aspects says the long-standing Friday volatility discount in WTI options is narrowing as traders finally…
Bitmine now holds 4.8% of circulating ether and just stepped up share buybacks, while Lee frames the climbing ETH/BTC ratio as the real signal that crypto risk appetite is rebuilding.
Bitcoin is the world's first decentralized cryptocurrency, created in 2009 by the pseudonymous Satoshi Nakamoto.
Bitcoin (BTC) launched on 2009-01-03.
Bitcoin (BTC) is categorised as: Smart Contract Platform, Layer 1 (L1), FTX Holdings.
The official Bitcoin site is http://www.bitcoin.org.
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