The long-dated bitcoin and ether futures by Cboe Global Markets are designed to provide perpetual-style exposure in a U.S.-regulated market. The contracts are scheduled to debut on Nov. 10, pending regulatory review. Cboe Unveils 10-Year Bitcoin and Ether Futures, Pending Regulatory Approval Cboe Global Markets has announced plans to introduce Continuous Futures contracts for bitcoin […] Original
South Korean fintech unicorn Toss plans to launch a finance superapp in Australia this year, its first overseas expansion, while also preparing to issue a Korean won-based stablecoin once regulations allow. According to a Tuesday Reuters report, Toss CEO Lee Seung-gun said that the firm plans to launch its superapp in Australia this year and expand to other markets too. “We proved in Korea that a startup can compete head-on with entrenched players,” he told the outlet. “A similar model can work globally, especially in countries where users juggle multiple…
Key Notes Upbit’s parent company Dunamu has filed trademark applications for GIWA, positioning to compete with Binance and Coinbase networks. China increased gold holdings for the 10th consecutive month while foreign central banks’ reserves exceed US Treasuries since 1996. Bitcoin Korean Premium Index climbed 130% from July to September, indicating strong regional demand amid escalating trade tensions. Online reports from Asian crypto communities on Monday suggest that Korea’s largest crypto exchange, Upbit, is set to launch GIWA, a Layer-2 chain built on Ethereum. Upbit(@Official_Upbit) Will Launch Their Own L2 Chain!…
Abu Dhabi Global Market (ADGM) has granted GFO‑X Group in‑principle approval to establish a digital asset exchange and clearing house, the two parties announced. The approval positions GFO‑X to offer regulated venues for trading, clearing and settlement of tokenized securities and digital assets under ADGM’s financial services framework. GFO‑X said the platform will support institutional […] Source
The first Dogecoin exchange-traded fund could launch in the United States as early as next week, according to Bloomberg analyst Eric Balchunas. “Looks like Rex is going to launch a Doge ETF via the 40 Act a la $SSK next week based on below tweet combined w how they just filed an effective prospectus,” Balchunas said in an X post on Thursday, pointing to exchange-traded fund (ETF) issuer REX Shares filing a prospectus with the US Securities and Exchange Commission. In the prospectus filing, REX warned that “DOGE is a…
Crypto exchange Coinbase is set to roll out a futures product tracking the top US tech stocks, crypto exchange-traded funds, and its own shares to offer exposure to equities and crypto in a single contract. Coinbase Derivatives said on Tuesday it’s launching the “Mag7 + Crypto Equity Index Futures” on Sept. 22, which will track the “Magnificent 7” tech stocks Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla, BlackRock’s Bitcoin (BTC) and Ether (ETH) ETFs and Coinbase’s stock. “Historically, there has been no US-listed derivative that provides access to both…
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…
Solv Protocol and Chainlink have launched a new Secure Exchange Rate feed for the SolvBTC wrapped bitcoin asset hosted on Ethereum. Chainlink Proof of Reserve Tech Used for Solv Protocol’s Exchange Rate Solv Protocol has launched a Secure Exchange Rate feed for its SolvBTC wrapped bitcoin asset issued on the Ethereum blockchain. The feed is […] Source
Optimism is running high among supporters of XRP as Canary Capital CEO Steve McClurg claimed that the long-awaited XRP spot ETFs could see inflows of $5 billion in their first month. His comments, shared during a Friday interview, highlighted his belief that the funds would even outperform Ethereum ETFs, which have so far struggled to attract money from institutional investors. Ethereum ETFs Struggle While XRP Builds Optimism Bitcoin’s debut in the ETF market brought in $1.5 billion in net inflows in January 2024, according to Sosovaliue data. By February 12,…
Key Notes Seazen creates Digital Assets Institute under Vice Chairman Wang Yifen to issue tokenized bonds and debt instruments. Company plans NFT tokenization of Wuyue Plaza shopping centers as part of broader real world asset digitization strategy. Initiative capitalizes on Hong Kong’s progressive crypto stance while China reportedly considers yuan-backed stablecoin development. Seazen Group, one of China’s largest real estate and investment firms, has announced its intent to raise funds through the creation of tokenized real world assets (RWAs) amid the shifting Chinese crypto landscape. According to an Aug. 29…