Search
Deribit’s Dubai Unit Receives ‘Conditional’ Virtual Asset Service Provider License
3.4.2024
Deribit FZE, an entity owned by crypto derivatives platform Deribit, has secured a conditional virtual asset service provider from the Dubai virtual assets regulator. The license, which covers spot and derivative trading, will remain non-operational until Deribit meets the regulator’s localization...
Arrow Markets Secures $4M in Series A to Forge New Paths in Crypto Options Trading
30.3.2024
On Friday, the Avalanche-based options protocol, Arrow Markets, unveiled its successful $4 million Series A fundraising initiative. The global project aiming to “revolutionize crypto options trading” garners support from prominent backers including Framework Ventures, Delphi Ventures, and...
Crypto Industry Players in Hong Kong Call for Swift Approval of Bitcoin ETFs
13.3.2024
Authorities in Hong Kong have been urged to approve spot bitcoin exchange-traded funds in order to cement the region’s position as the financial hub of Asia. Industry participants believe that launching this ahead of the U.S. will enhance Hong Kong’s status in the global cryptocurrency...
UK Watchdog Says It Will Not Object to Crypto ETN Listing Requests
12.3.2024
The United Kingdom’s Financial Conduct Authority has said it will not object to requests by recognised investment exchanges to launch crypto-backed exchange-traded notes. The exchange-traded notes will only be made available to professional investors such as regulated investment firms. ETNs...
Why 2023 Is Like 2020 and Bitcoin Is Set to Head Towards $50k
13.12.2023
Crypto derivatives show bullish positioning but are not over-extended by historical norms. That’s good news for the whole crypto market
BitMEX Announces Strategic Partnership with PowerTrade, a Crypto Options Platform
6.12.2023
Source: Adobe / Dennizn BitMEX, a prominent crypto derivatives exchange, has unveiled a strategic partnership with PowerTrade, a crypto options platform. On November 6, BitMEX announced that it will partner with PowerTrade, which is supported by industry heavyweights such as Ascend Ventures...
Binance Blasts CFTC for Trying to Be World’s Derivatives Police, Seeks to Dismiss Lawsuit
26.10.2023
Binance has submitted a new motion to dismiss the lawsuit filed by the U.S. Commodity Futures Trading Commission (CFTC) against it. The leading cryptocurrency exchange urges the court to reject the agency’s attempt to expand its territorial reach beyond the United States. Binance Accuses CFTC...
Brazil Committee Recommends Indicting Binance Officials, CZ
12.10.2023
A congressional committee in Brazil has concluded that four Binance officials, among them company CEO Changpeng Zhao (CZ), should be indicted. The suggestion follows a probe targeting crypto platforms suspected of operating pyramid schemes and can potentially affect the global crypto company’s...
Coinbase Sought to Buy FTX Europe for Its Derivatives Business, Report
24.9.2023
Leading U.S. crypto exchange Coinbase pursued the acquisition of failed coin trading competitor FTX’s European subsidiary, a media report revealed. The move has been seen as proof of the growing importance of derivatives for the American platform’s plan to expand business globally....
Genesis Report: Crypto Derivatives Emerge as the Next Key Growth Driver in 2023
11.8.2023
According to the Q2 2023 report from Genesis Trading, crypto derivatives is set to experience substantial expansion, fueled by a massive decrease in spot market liquidity and a notable trend towards utilizing derivative instruments.
"With spot market liquidity suffering and spot order book depth...
Arthur Hayes Insists ‘Bitcoin Will Be the Currency’ of Artificial Intelligence
8.7.2023
In a freshly unveiled blog piece, Arthur Hayes, the former CEO of crypto derivatives platform Bitmex, posits that bitcoin is the prime currency for artificial intelligence (AI). Hayes maintains that moving forward, BTC will be the favored currency for AIs since they “must use a system that...
Ex-Genesis CEO Michael Moro to Head Crypto Derivatives Exchange Startup
29.6.2023
Ankex, a non-custodial exchange with a centralized order book, is being spun out of crypto custody firm Qredo, which Moro joined in January
Bitget Unveils Martingale AI: The AI-Infused Trading Tool for Crypto Traders
8.6.2023
On June 7, 2023, Bitget, a Seychelles-based platform for crypto derivatives and copy trading, announced the launch of Martingale AI, an AI-infused trading tool. The new feature enables novice crypto traders to utilize strategies developed by AI. Bitget’s Martingale AI: A New AI-Centric Tool...
Cboe Receives CFTC Approval to Launch Leveraged Crypto Derivatives
7.6.2023
Crypto exchange and clearinghouse Cboe Digital will be able to offer margined bitcoin and ether futures contracts with the approval of the U.S. derivatives markets regulator. This will allow its clients to trade cryptocurrency futures with less collateralized capital upfront. Cboe Wins Regulatory...
London Stock Exchange’s LCH SA to Clear Bitcoin Futures and Options on GFO-X Through New Service
13.4.2023
On April 13, 2023, the London Stock Exchange’s LCH division, a clearing house group serving major international exchanges and a wide range of over-the-counter (OTC) markets, announced its plans to offer clearing of bitcoin index futures and options contracts traded on GFO-X. Frank Soussan...
Binance-CFTC FUD puts BNB price at risk of drop toward $200
28.3.2023
Recent BNB price trends show that the token declines in the short term after regulatory crackdowns. However, this time the correction may last longer
Rising Bitcoin Prices Cause Cascade of Short Liquidations, Highest Ratio of Short vs. Long Wipeouts Since July 2021
17.1.2023
The top two crypto assets have risen significantly in the past seven days, with bitcoin jumping 22.6% and ethereum increasing 18.6% against the U.S. dollar. According to market data, both crypto assets saw the largest increase on Saturday, Jan. 14, 2023. The sudden spike in value caused the highest...
Bitcoin Options Giant Deribit Loses $28 Million in Hot Wallet Hack
2.11.2022
The world’s largest bitcoin options exchange, Deribit, was hacked for close to $28 million, according to an update from the company’s official Twitter account on Nov. 2. Deribit says that the firm’s hot wallet was drained just before midnight the day prior. Crypto Derivatives...
Bankman-Fried '100%' supports knowledge tests for retail derivatives traders
17.10.2022
The FTX founder said a knowledge test for derivative retail customers “could make sense” but it doesn’t need to be specific to crypto
Bitmex Co-Founder Arthur Hayes Avoids Prison for Violating US Bank Secrecy Act
23.5.2022
Bitmex co-founder Arthur Hayes is not going to prison for violating the U.S. Bank Secrecy Act. Instead, the former crypto exchange CEO has been sentenced to “six months of home detention and two years of probation.” Hayes has agreed to pay a fine of $10 million. Bitmex’s Arthur...