Author: NBTC

The BitMEX exchange, which is one of the leading trading platforms for trading crypto derivatives, has rolled out a new set of quarterly futures contracts that cover major cryptocurrencies, including XRP. The aforementioned contracts officially went live earlier this Tuesday. Quarterly futures, explained Futures make it possible to trade the price of XRP without owning it. Unlike perpetual swaps that never expire, quarterly XRP futures have a fixed expiry date. Traders typically use such products for arbitrage or hedging. For instance, the XRPZ25 contract, which went live on Sept. 9, will expire and settle based on the XRP spot price…

Barter, the second-largest routing engine on Ethereum and the top solver on CoW Swap, has acquired the solver codebase of competitor Copium Capital in a move that could reshape the dynamics of decentralized trade execution. The deal brings together two of CoW Swap’s most effective strategies. Copium had carved out a niche with efficient usage of RFQ (request-for-quote) and market maker liquidity, while Barter specialized in maximizing flow through AMMs. According to CEO Nikita Ovchinnik, the combination provides the missing piece for Barter to push beyond 50% market share on CoW Swap. “Copium built its edge around efficient usage of…

Tuesday’s Ethereum trading session on the derivatives market was a bright display of how quickly leverage can tip the balance on orderbooks. According to CoinGlass, over the course of an hour, $2.87 million worth of ETH positions were liquidated, and almost 99% of that figure was longs. Fresh data indicates $2.82 million in long liquidations, compared to just $48,160 in short once — that is a 5,855% imbalance, making this move stand out among other major cryptocurrencies. This skew coincided with a visible spike on the one-minute price chart. ETH fell to around $4,328 before recovering almost immediately. Still, the…

According to CME’s FedWatch Tool data, the probability of the Fed cutting interest rates in September has reached 86.4%. In contrast, the probability of interest rates remaining at current levels was calculated as 13.6%. The federal funds rate target range currently stands at 4.25% to 4.50%. Data suggests that a 25 basis point cut would likely bring the rate back to 4.00% to 4.25%. A 50 basis point cut is not currently considered a possibility. Comparisons from previous periods also indicate a steadily increasing expectation of a rate cut. A week ago, the probability of a rate cut was 84.7%,…

The legal battles continue for Terraform Labs founder Do Kwon. In a recent and significant development, Kwon has lost a crucial bid to recover a substantial 19.6 billion won (approximately $14.2 million) deposit for a luxurious Do Kwon penthouse in Singapore. This setback comes after the nation’s High Court dismissed his claim, as reported by the local media outlet Singapore Law Watch. What’s the Story Behind the Do Kwon Penthouse Deposit? Before the dramatic collapse of the Terra-Luna ecosystem in May 2022, Do Kwon had committed to purchasing a high-end penthouse. He had already paid roughly half the purchase price,…

Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, is preparing to go public with Nasdaq as both its listing venue and an investor, Reuters reported Tuesday, citing sources familiar with the matter. According to the news outlet, Nasdaq has agreed to buy $50 million worth of Gemini shares in a private placement tied to the initial public offering. The arrangement apparently goes beyond funding. Nasdaq’s clients will gain access to Gemini’s custody and staking services, while Gemini’s institutional users will be able to use elements of Nasdaq’s Calypso system, a multi-asset trading and risk management platform. In particular,…

Blockchain analysis platform Arkham has revealed the largest asset holders in the cryptocurrency market. According to the statement, the 100 richest institutions and individuals hold more than $1.6 trillion in digital assets. The list includes exchanges, investment funds, asset managers, DeFi protocols, and high-net-worth individuals. Who’s in the Top 10? According to the report, exchanges and traditional finance giants stand out among the largest crypto holders: Binance (Exchange) – $209.19 billion Coinbase (Exchange) – $155.80 billion Satoshi Nakamoto (Bitcoin founder) – $125.06 billion BlackRock (Investment management company) – $100.77 billion Lido (DeFi protocol) – $69.85 billion MicroStrategy (BTC Treasury company)…

Crypto Gains Traction in Retirement Planning Cryptocurrency is no longer viewed as just a speculative trade. Across the globe, more people are now considering digital assets as part of their retirement strategy. Surveys show that a significant portion of adults are open to allocating part of their pension savings to cryptocurrencies, while others are even willing to withdraw existing retirement funds to invest directly in Bitcoin and altcoins. This shift highlights a growing belief that digital assets could play a role in long-term wealth accumulation, especially as inflation, debt crises, and shifting monetary policies reshape global financial markets. Motivations: Higher…

Here’s what we’re looking for now that Congress is back from summer recess and we enter the final four months of 2025. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. The narrative Welcome to the last four months of 2025. Here’s what we’re looking for in the final third of this year. Why it matters Crypto already got one major bill this year — the GENIUS Act addressing stablecoins — but the bigger market structure bill remains a work-in-progress. Congress is back from summer…

Get ready for a significant shift in the cryptocurrency landscape! The Chicago Board Options Exchange (CBOE) is poised to launch CBOE crypto futures for both Bitcoin (BTC) and Ethereum (ETH) on November 10. This pivotal development, as reported by Reuters, marks a major step forward for institutional engagement in the digital asset space. It’s an exciting time, signaling increased legitimacy and accessibility for these leading cryptocurrencies within traditional financial markets. Why Are CBOE Crypto Futures a Game Changer? The introduction of CBOE crypto futures is more than just another product offering; it represents a powerful endorsement from a major regulated…