Crypto News
Singapore Exchange to Launch Bitcoin Perpetual Futures in 2025, Strengthening Institutional Crypto
The Singapore Exchange (SGX) is set to make a significant entry into the cryptocurrency derivatives market by introducing bitcoin perpetual futures in the second half of 2025, as reported by Bloomberg. This strategic move aims to cater to the rising institutional interest in digital assets, providing a regulated platform for trading. However, the launch isSource link
Bitcoin’s $100K Call Takes the Crown From $120K Bet as Most Popular Options Play on Deribit
The recent crypto market downturn has caused the once-popular $120,000 bitcoin (BTC) options bet to lose its crown to the $100,000 bet in a sign that traders are reassessing their bullish expectations.At press time, the $100,000 call was the most popular BTC options contract on the exchange, boasting a notional open interest of $1.55 billion. The notional open interest represents the dollar value of the number of active option contracts at a given time.Meanwhile, the $120,000 call, the former leader up until last month, stood at the number two position, with a notional open interest of $1.33 billion.A call gives the purchaser the right but not the obligation to purchase the underlying asset at a predetermined price at a later...
VanEck Registers Avalanche ETF in Delaware as Altcoin Fund Registry Heats Up
VanEck has registered an Avalanche exchange-traded fund (ETF) in the U.S. state of Delaware as investment manager continue to apply for various altcoin-based product despite the clawback in the crypto market.The New York-headquartered company registered the "VanEck Avalanche ETF" on March 10, according to a filing on Delaware's Department of State website.The registration comes amid an ongoing sell-off in the crypto market, which has seen Avalanche's native token (AVAX) fall to a one-year low of $16.27.Avalanche becomes the fourth crypto asset VanEck has registered an ETF for, following its filing for a spot Solana fund last June. VanEck was among the first issuers of bitcoin (BTC) and ether(ETH) ETFs after they were approved in January and July respectively.Issuers are seemingly...
Kraken Secures EMI Authorization, Paving the Way for Enhanced Crypto Services in the UK
Kraken has announced that it has officially secured an Electronic Money Institution (EMI) authorization from the U.K.’s Financial Conduct Authority (FCA). This milestone is set to accelerate Kraken’s growth plans in the U.K. and enable the launch of new products and services tailored to the needs of local clients. The EMI license empowers Kraken toSource link
Virtuals Protocol Revenue Crashes as AI Agent Demand Sinks
The platform's daily income has dropped at least 96% from its January peak, coinciding with the general decline in demand for AI agents.Source link