Bitcoin plunged below $109K after a whale offloaded a massive tranche, sparking a brutal market flush and sweeping liquidations. Volatility spiked as traders eyed key support levels and liquidity risks across crypto markets.
As Bitcoin’s market capitalization surpasses $2.2 trillion, bullish market sentiment and robust derivatives activity signal potential further upside. Analysts anticipate continued growth as institutional interest elevates the cryptocurrency landscape.
Gemini has successfully obtained a MiFID II license from Malta, enabling it to offer derivatives within the European Economic Area (EEA). This strategic move highlights Gemini’s commitment to expanding its services and enhancing regulatory compliance in Europe.
In a landmark decision, US regulators FDIC and CFTC have eased restrictions on banks and derivatives related to cryptocurrency. This move aims to foster innovation and stability within the sector, potentially signaling a new era of regulatory clarity for digital assets.
As $3 billion in crypto options near expiration today, market analysts are closely watching for potential volatility in Bitcoin and altcoins. This move could influence trading strategies and market sentiment, setting the stage for the next price trends.
Kraken, the cryptocurrency exchange, is looking to expand its services in the UK by establishing a derivatives unit. According to Bloomberg, this move is part of their ambition to become one of the top players in the cryptocurrency derivatives market.
The U.S. Commodity Futures Trading Commission (CFTC) is cracking down on decentralized finance (DeFi). Three popular protocols are now under scrutiny for offering “illegal derivatives trading,” raising questions about why the activities were allowed in the first place.
Facing unprecedented uncertainty, financial markets are increasingly showing signs of growing global disconnect as investors grapple for clarity in an ever-shifting landscape.