Kalshi’s live U.S.-regulated crypto perpetual futures move the story out of the approval phase and into the order book.The company’s public perpetual futures page and individual product pages now present U.S.-regulated crypto perps as a broader trading category that extends past the first Bitcoin experiment.Kalshi’s own materials point to markets across Bitcoin, Ethereum, Solana, XRP, and other crypto assets, while a dedicated HYPE perpetual page shows the company has extended the product into one of the assets most closely associated with demand for crypto-native derivatives.The launch changes the test from permission to behavior. Traders will compare spreads, depth, funding, reference…
Author: cryphedge
Hyperliquid has been added to Singapore’s Investor Alert List, putting DeFi’s permissionless pitch to a consumer-protection test: the network can keep settling trades, while the interface and public messaging around it draw regulatory scrutiny.Hyperliquid said in a June 26 statement that its appearance on the Monetary Authority of Singapore’s list was a warning-list event rather than a ban, enforcement action, or finding of wrongdoing.The project also said it had not claimed to be licensed by MAS, described itself as permissionless infrastructure, and said users retain self-custody while transactions settle transparently on-chain.The resulting pressure is applied to the user-facing layer. A…
Every cycle has a moment where the tape stops drifting and snaps into a new regime. Right now, Bitcoin feels like it is crouching. Not relaxed. Coiled. Quant desks I talk to keep circling the same fork in the road: either a clean break that runs into the low 80s, or an ugly slip that hunts liquidity in the high 40s. The path depends on four signals that tend to drive everything else when the market gets binary. This is not a forecast. It is a map. Read the signals, know the levels, and do not mistake noise for a…
Binance is set to miss Europe’s July 1 MiCA authorization deadline, moving the bloc’s exchange-access fight from a policy countdown into a live test of where users, assets, and trading liquidity move next.The exchange has told European customers it will be unable to meet the authorization deadline, according to Binance Square social media posts and a Financial Times report. The warning comes two days after Binance withdrew its MiCA license application in Greece and said it would pursue authorization in another EU Member State. Related ReadingMillions of EU crypto users face exchange cutoff as MiCA deadline hits in daysAround three…
The equity futures market on crypto exchange MEXC didn’t just tick higher—it ripped. MU-margined perpetual contracts saw trading volume explode by 142% right after Micron Technology delivered a record-breaking earnings report, according to the original report. The move reflects more than opportunistic trading. It confirms that crypto-native venues are becoming a real battlefield for traditional stock speculation. A Synthetic Stock Rush MEXC’s zero-fee model likely accelerated the flow. The exchange offers MU perpetual futures that track Micron’s share price without requiring a brokerage account or equity settlement. Traders deposit crypto, use USDT as margin, and get synthetic exposure to a…
Some of the largest US crypto companies and advocacy groups are escalating a coordinated lobbying campaign to secure a Senate vote on landmark digital-asset legislation before lawmakers leave Washington for their August recess.The industry’s push for the Digital Asset Market CLARITY Act comes as the Senate confronts a narrowing legislative calendar, and negotiations remain unfinished.In view of this, Senate Majority Leader John Thune, who controls the chamber’s floor schedule, reportedly acknowledged that negotiators still have a route forward but warned that the opportunity is closing.The warning has added urgency to an industry campaign years in the making. The bill supporters…
Mid-June gave us a weird tell. Bitcoin went nowhere, and yet a handful of utility tokens ripped. Uniswap’s UNI jumped roughly 22 percent in a single session while BTC hovered around 65 to 66k. That set the tone for this kind of rally – not dominance-led, but rotation-led. CoinDesk flagged it in real time. Fast forward and the bounce broadened. Aave perked up first, helped by deal chatter. Then Bitcoin Cash started to trend, quietly at first, and then not so quietly. As of writing, BCH trades near $193.64 and is up about 43.6 percent over the past 30 days,…
Ripple and SBI announced the official launch of RLUSD in Japan on June 24, following JFSA approval, with the stablecoin available to institutional and retail users through SBI VC Trade.Ripple categorized RLUSD under Japan’s Payment Services Act as a new type of electronic payment instrument for foreign-issued stablecoins, the first time the company has had a regulated dollar stablecoin in one of its most established markets.The day after the launch, Circle and Nomura plan to launch a USDC-based digital asset settlement and corporate payment service in Japan as early as 2027.The service would let Japanese businesses exchange yen for USDC…
Could XRP go to zero? That is the question a lot of people keep typing into Google, and right now the short answer still leans toward no. An XRP price prediction that leans on Ripple’s current network and a fixed token supply argues against a clean drop to nothing, even though an XRP crash scenario linked to regulation or a ledger failure stays possible on paper. Could XRP go to zero in a sudden crash? Probably not, since the token has never actually traded at zero before, not even during the long SEC lawsuit years.Also Read: Should I Sell XRP…
BitGo Holdings, one of the crypto industry’s most prominent custody and infrastructure firms, has reduced its workforce by nearly 15% as the company restructures around stablecoins, settlement, trading, security, and AI-powered infrastructure. The announcement, made by CEO and co-founder Mike Belshe on June 25, was simultaneously filed with the U.S. Securities and Exchange Commission via an 8-K disclosure, underscoring the significance of the move for the now-public company.“Today I’m sharing a hard decision: we are reducing our workforce by nearly 15%,” Belshe wrote in a post on X. “The ecosystem has evolved, and the way we build financial services has…
