Tag: Crypto

TradFi Will Move to 24/7/365 Crypto Rails: Bitwise

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Bitwise chief investment officer Matt Hougan says he’s drastically cut his estimates of when “on-chain finance” will take off after seeing investors pile into crypto platforms such as Hyperliquid to trade tokenized assets amid the US-Israel attack on Iran. In a post on Tuesday titled “The weekend that changed finance,” Hougan said crypto perps futures platform Hyperliquid became the epicenter for trading real-world assets like crude oil and tokenized gold while the US, European and Asian stock exchanges were closed at the time of the first attack on Saturday at…

Trump pressures banks to make deal with crypto firms over market structure bill

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President Donald Trump has urged major banks to halt efforts he says are weakening the digital asset industry and instead to work with crypto firms to advance key market structure legislation, the CLARITY Act. In a statement on Truth Social on Tuesday, the US commander-in-chief asserted that the US must move quickly to secure its position in the global crypto race and that market structure reform is essential to provide clarity for companies and investors while keeping the industry anchored in America. This is viewed as the toughest intervention so…

Trump Hits Out at Banks Over Stalled Crypto Bill

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US President Donald Trump has taken a shot at banks for stalling the crypto market structure bill from advancing in the Senate over stablecoin yield payments. “The Genius Act is being threatened and undermined by the Banks, and that is unacceptable — We are not going to allow it,” Trump posted on his Truth Social platform on Tuesday, mentioning the GENIUS Act that Congress passed in July to regulate stablecoins. “The U.S. needs to get Market Structure done, ASAP,” he added. “The Banks are hitting record profits, and we are…

What’s at Stake for Crypto as Three US States Kick off Party Primaries?

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Voters in North Carolina, Texas and Arkansas will decide on some of the first candidates for the 2026 midterm elections in the United States as primary season kicks off, potentially influencing the future of Congress and crypto legislation. In Texas, Democratic Representative Jasmine Crockett is running for Republican John Cornyn’s US Senate seat for Texas. Crockett, a member of the House of Representatives since 2023, voted for the stablecoin payments bill GENIUS Act in July and FIT21, the previous version of the digital asset market structure bill before the CLARITY…

CFTC Chair Teases Crypto Perpetual Futures in ‘the Next Month or so‘

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SEC Chair Paul Atkins and CFTC Chair Michael Selig addressed market structure, prediction markets and perpetual futures at a Tuesday event. Michael Selig, chair of the US Commodity Futures Trading Commission (CFTC), said the agency will soon address how to handle perpetual futures contracts for cryptocurrencies. In a Tuesday panel hosted by the Milken Institute in Washington, DC, Selig said that the CFTC was working toward getting “true perpetual futures” in the United States “within the next month or so.” The CFTC chair is currently the only Senate-confirmed commissioner, with…

CFTC chair Michael Selig targets US launch of crypto perpetual futures within a month

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CFTC signals shift toward compliant onshore perpetual trading within weeks. CFTC Chairman Michael Selig announced plans to bring perpetual futures trading to US markets within roughly a month, signaling a significant step in domestic crypto derivatives regulation. Perpetual futures allow traders to hold positions indefinitely without expiration dates, relying instead on periodic funding rates to maintain price alignment with underlying assets. These instruments have long dominated offshore venues but remained in a regulatory gray area domestically. “We’re working towards getting true perpetual futures, not long dated contracts, here in the…

Why Bermuda Is Testing a Fully Onchain Economy Instead of Crypto Mandates

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Bermuda’s disciplined path to an onchain economy When Bermuda announces its ambition to become the world’s first fully onchain national economy with support from Circle and Coinbase, you could picture a dramatic, quick overhaul. However, that is not the case. To be a fully onchain economy, Bermuda has not taken a hard route, which might involve instantly building government services and pushing merchants to accept digital payments. Instead, the island is following a cautious path of well-thought-out, regulated innovation in finance. The island intends to begin with carefully designed pilots.…

Crypto.com introduces IRA accounts supporting both crypto and stocks

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Crypto.com, a prominent digital asset exchange and trading platform, has introduced Crypto.com IRAs, its first retirement accounts that combine crypto and stock investments on a single platform. Available to US users, the offering supports both Traditional and Roth individual retirement accounts and provides access to more than 400 digital assets alongside over 12,000 stocks and exchange-traded funds through the company’s mobile application. “We are giving consumers the ability to build their future with the best investment products and opportunities in crypto and stocks, all seamlessly in one place,” said Kris…

Stocks, crypto and metals retreat as U.S.–Iran conflict intensifies

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Stocks, crypto and metals slide as Iran tensions escalate while Brent and WTI jump on supply fears. Global markets tumbled Tuesday as intensifying hostilities between the United States and Iran sent shockwaves through equities, crypto assets, and commodities, with oil emerging as the sole beneficiary of the geopolitical turmoil. The S&P 500 shed 2.2%, while the Nasdaq Composite retreated 2.1% and the Dow Jones Industrial Average dropped more than 2.3%. Energy stocks bucked the trend, posting gains as crude prices surged. Digital assets reversed course after Monday’s rally. Bitcoin declined…

Jesse Walden: Daily active traders are the key to crypto platform growth, how blockchains redefine finance, and the role of permissionless markets in regulatory change

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Crypto’s growth is redefining finance by cutting out intermediaries and reshaping market standards. Key takeaways Daily active traders are a crucial metric for evaluating the growth and health of crypto platforms. Market dynamics are essential in establishing new standards for digital media assets. Blockchains are expanding the definition of finance by enabling diverse market opportunities. Permissionless markets can influence regulators and institutions, driving change in the financial landscape. The crypto asset class is expected to grow significantly, reducing transaction costs by eliminating intermediaries. Crypto protocols enable new behaviors, leading to…