Hong Kong to Introduce Crypto Derivatives Trading for Professional Investors

Hong Kong’s Securities and Futures Commission (SFC) is set to introduce virtual asset derivatives trading for professional investors, aiming to enhance product offerings while ensuring robust risk management. This initiative is part of the city’s strategy to strengthen its position in the global digital asset market, according to Christopher Hui Ching-yu, secretary for financial services … Read more

From $100M Wipeout to $98M Gamble—Wynn’s Back and Betting Big on BTC

Following last week’s liquidation event exceeding $100 million, the infamous Hyperliquid trader James Wynn has once again plunged into the deep end—this time reopening a 40x long position on bitcoin, now valued at more than $98 million. Infamous Hyperliquid Trader James Wynn Dives Back Into the Deep End With 40x Bitcoin Bet On Monday, June … Read more

Inside the Crypto Whale Games: How Liquidation Hunting Targets Leveraged Traders

One of crypto’s infamous high-stakes traders forfeited more than $100 million on the decentralized exchange (DEX) Hyperliquid. The pressing question now is: Was this catastrophic unraveling of leverage quietly orchestrated by the tactic known as liquidation hunting or simply bad luck? Crypto Perp Traders Beware: The Mechanics of Liquidation Hunting When Hyperliquid trader James Wynn … Read more

Bitcoin Futures and Options Hit Record Highs as $300K Calls Signal Bullish Frenzy

Bitcoin futures and options markets have shattered records this week, with open interest surging to unprecedented levels as traders amplify bullish bets—including speculative calls for prices to hit $300,000. Traders Flood Bitcoin Derivatives as Futures, Options Volumes Shatter Records The total open interest in bitcoin futures reached an all-time high of $80.73 billion, representing 723,990 … Read more

Hyperliquid Daredevil: $508M Bitcoin Long Bet, No Fiat Left, and ‘Paper Hands Will Burn’

After bitcoin vaulted beyond the $107,000 mark, the leading digital asset retraced and dipped below the $103,000 threshold. Amid this sharp recalibration, the notorious Hyperliquid whale intensified its 40x leveraged bitcoin long position, which now carries a valuation of $508 million. Hyperliquid Whale Claims Bitcoin ‘Volcano’ Is Primed to Explode Based on the most recent … Read more

Hyperliquid Whale’s 40x Bitcoin Long Bet Erupts Online—$95K Liquidation Line Drawn

Over the weekend, countless social media accounts buzzed with discussion about a prominent Hyperliquid whale, who’s currently holding an exceptionally high-leverage bitcoin position—valued at approximately $392 million and executed with an aggressive 40x long. Crypto Crowd Stunned as Trader Piles Into 40x Bitcoin Long on Hyperliquid This weekend, social platforms have been buzzing with chatter … Read more

GFO-X Launches UK Regulated Trading Venue for Centrally Cleared Crypto Derivatives

GFO-X announced the successful launch of its UK regulated trading venue for centrally cleared digital asset derivatives. This venue aims to meet the growing institutional demand for compliant crypto futures and options. The first institutional trade was executed between Virtu Financial and IMC, marking a significant milestone in the evolution of institutional-grade digital asset markets. … Read more

Bullish Exchange and Gibraltar to Develop Regulatory Framework for Crypto Derivative Clearing

Cryptocurrency exchange Bullish has announced a partnership with the Gibraltar Government and the Gibraltar Financial Services Commission (GFSC) to develop the world’s first regulatory framework for the clearing and settlement of derivative contracts settled in virtual assets. This initiative aims to enable crypto derivative contracts to be cleared and settled in virtual assets by a … Read more

Crypto Consolidation: Coinbase to Acquire Deribit for $2.9B

Coinbase Global has agreed to acquire Deribit, the world’s largest bitcoin and ether options platform, for approximately $2.9 billion in cash and stock. $2.9 Billion Deal: Coinbase Buys Top Bitcoin Options Platform The deal, if finalized, will mark one of the largest acquisitions in cryptocurrency history, significantly expanding Coinbase’s derivatives offerings. Deribit dominates bitcoin options … Read more

CFTC Frees Crypto Derivatives From Extra Scrutiny

Crypto advocates scored big as the CFTC scrapped a directive singling out digital asset derivatives, easing scrutiny and marking a sharp split among U.S. regulators. Barriers Drop—CFTC’s Crypto Retreat Sets Stage for Relentless Upside Another win for crypto supporters arrived March 28 when the Commodity Futures Trading Commission (CFTC) announced that its Division of Clearing … Read more