The Chicago Mercantile Exchange (CME) Group has filed a lawsuit against the US Commodity Futures Trading Commission (CFTC) and its chair, Michael Selig, over the agency's approvals of cryptocurrency perpetual futures. CME alleges the CFTC is misinterpreting Congressional directives and acting unilaterally.
CME Group, the world's largest futures exchange operator, plans to sue the CFTC over its approval of crypto perpetual futures. Outgoing CEO Terry Duffy argues these are swaps, not futures, under the Dodd-Frank Act, and the suit will be filed Thursday.
Bitwise's HYPE ETF (BHYP) now has options trading on the NYSE, creating a regulated link between US equity markets and the 24/7 Hyperliquid crypto exchange. This connects ETF shares, US options, HYPE spot/perpetual futures, and Hyperliquid's on-chain economy, allowing for new risk management and trading strategies.
CME Group CEO Terrence Duffy announced plans to sue the Commodity Futures Trading Commission (CFTC) over its approval of perpetual futures contracts, arguing they should be regulated as swaps under the Dodd-Frank Act. The CFTC recently approved Kalshi to offer bitcoin perpetual futures in the U.S.
La plateforme de prédiction Kalshi a généré plus de 5,5 milliards de dollars de volume de trading sur ses contrats à terme perpétuels en deux semaines. L'entreprise, qui propose actuellement 11 contrats liés aux cryptomonnaies, prévoit de diversifier son offre avec des contrats sur les actions, les matières premières, les événements sportifs et politiques, tout en naviguant les régulations de la CFTC.
Hyperliquid's perpetual futures open interest exceeds $10 billion, driven by crypto assets and expansion into equities, commodities, and synthetic pre-IPO trading via HIP-3, drawing attention from traditional financial firms.
The CFTC has approved KalshiEX to list a Bitcoin perpetual futures contract (BTCPERP), marking a significant step for crypto derivatives in regulated US markets. This move could change how retail and institutional traders access leveraged Bitcoin exposure, bringing a popular crypto financial tool into the US regulatory framework.
CFTC Chair Michael Selig defended the agency's approval of perpetual futures, citing the need for robust regulation of internationally developed products. He dismissed concerns about leverage and complexity, emphasizing proper disclosure and broker suitability assessments. Selig also denied political pressure influenced the decision, despite Donald Trump Jr.'s advisory role at Kalshi.
Kraken has launched perpetual futures trading for eligible US users through its acquisition, Bitnomial. The offering includes contracts for major cryptocurrencies like Bitcoin and Ether, expanding Kraken's domestic derivatives market presence.
Kraken has launched perpetual futures trading for eligible US users through its acquisition of Bitnomial. The offering includes contracts for major cryptocurrencies like Bitcoin and Ether, expanding Kraken's domestic derivatives market presence.
Over $1 billion traded in SpaceX-linked perpetual futures in 3 days as investors front-run the highly anticipated IPO, despite warnings from market history on potential first-year losses and regulatory scrutiny over governance and valuation risks.
Coinbase has launched pre-IPO markets, starting with SpaceX, offering perpetual futures contracts tied to private companies' estimated pre-listing prices to users outside the US. This move intensifies competition among crypto exchanges in tokenizing real-world assets.
New perpetual futures on SpaceX are emerging on crypto platforms, resembling betting markets. Meanwhile, a deal between Talgo and Renfe over a €116 million fine for delayed trains is reportedly close. In Cuba, US pressure is causing foreign hotel chains to exit, impacting Meliá.
Shares of major exchanges like CME Group, Cboe Global Markets, Intercontinental Exchange, and Nasdaq fell sharply after the CFTC approved bitcoin perpetual futures on Kalshi, sparking fears of increased competition from new trading products.
Following the CFTC's approval of Bitcoin perpetual futures, Kalshi has applied to self-certify derivatives for 12 major altcoins, aiming to expand regulated crypto derivatives trading in the U.S. beyond Bitcoin.
Kraken announced plans to launch CFTC-regulated perpetual futures contracts in the US within 30 days, following CFTC approval. The contracts will be listed on Bitnomial Exchange, recently acquired by Kraken's parent company, Payward.
Hyperliquid's HYPE token reached a new all-time high of $68.64, driven by ETF inflows, CFTC approval of Bitcoin perpetual futures, and Wall Street recognition. This reframes HYPE as a public market proxy for derivatives infrastructure.
OKX is launching regulated perpetual futures linked to ICE's Brent and WTI oil benchmarks for traders outside the U.S., intensifying competition with decentralized platforms like Hyperliquid. The move aims to bridge traditional and digital markets amidst ongoing investigations into suspicious oil bets.
Intercontinental Exchange (ICE) and crypto exchange OKX are partnering to launch trading of oil-linked perpetual futures based on ICE's Brent and WTI crude benchmarks. The products will be available in licensed jurisdictions and target retail traders.
Binance introduces pre-IPO perpetual futures contracts, starting with a SpaceX-linked product, allowing speculation on private company valuations before and after public listings. This move taps into the growing trend of crypto companies offering investment products tied to potential IPOs.
The new portal lets LMAX clients deposit digital assets into custody and use them as collateral to trade FX, metals, CFDs, perpetual futures and crypto.
Crypto exchange OKX will offer synthetic exposure to private AI and tech company valuations through derivatives contracts.
Binance will shift to an orderbook-weighted pricing model for commodity perpetual futures during off-hours, potentially changing margin and liquidation behavior.
CryptoQuant's latest Apr. 30 read shows that perpetual futures are driving Bitcoin's recovery, while spot demand is still shrinking. That is the same market structure seen during the 2022 bear market rallies, when leverage-driven rebounds gave way to fresh downside. Spot buying through exchanges, ETFs, or direct on-chain accumulation represents committed capital. At the same […] The post Bitcoin is repeating a 2022 pattern – and this time we’re missing the buyers for what came next appeared first on CryptoSlate.
