Crypto’s favorite $90 trillion trading product is coming to Wall Street, but big banks are taking it slow
Regulated perpetual futures are officially landing in the U.S., but while agile trading firms and crypto exchanges race to capture massive retail demand,…
Digital asset trading platform Uphold cuts 17% of global headcount as crypto winter bites
The crypto trading platform said the layoffs reflect a strategic shift toward its fastgrowing enterprise business. Source:CoinDesk
What are perps, anyway? Everything you need to know about crypto’s hottest trading instrument
Perps, which launched on BitMEX in 2016, have become one of the most traded financial products in the world. Source:CoinDesk
Fanatics buys regulated exchange in bid to grow prediction markets business
The deal gives Fanatics control of its own prediction market infrastructure as eventbased trading gains traction across sports, finance and crypto.…
Cantor is advising crypto bank AMINA on path to potential public listing
The Swiss bank is exploring multiple paths to the public markets, though discussions are ongoing and no final decision has been made. Source:CoinDesk
Hong Kong crypto giant HashKey merges regional exchange into one
Hong Kong’s HashKey will unify its crypto exchange branches, with users from its Hong Kong, Global, Singapore and Middle East regions using the same platform.…
Crypto is rewriting how Wall Street traders spend their weekends
Aroundtheclock crypto markets are forcing Wall Street to reevaluate one of its oldest assumptions: that weekends are for waiting. Source:CoinDesk
Bitmine buys more ether as Tom Lee says rising ETH/BTC ratio points to stronger crypto prices
The Ethereum treasury company added nearly 10,000 ETH while expanding its stock buyback, citing ether outperforming bitcoin is sending a bullish signal.…
Coinbase CEO Brian Armstrong criticizes crypto startups that rebrand to AI
Armstrong said blockchain technology acts as a generalpurpose infrastructure that will underpin future automation rather than competing with it. Source:CoinDesk
BNY Mellon unit joins MiCA register as ESMA adds 15 providers
BNY Mellon’s European subsidiary joined the MiCA register as ESMA added 15 CASPs, including banks and crypto platforms, in the third postdeadline update.…
Crypto steadies as Iran-U.S. pause sends oil tumbling, lifts risk assets
Brent crude plunged 7% after the U.S. and Iran paused Strait of Hormuz strikes, lifting equities and DeFi tokens while bitcoin held near $65,000 ahead of a…
Interest rates in U.S., U.K., Japan and Coinbase, Strategy earnings: Crypto Week Ahead
Your look at what's coming in the week starting July 27. Source:CoinDesk