A CFTC ommittee meeting exposed a sharp divide between the worlds of traditional finance and prediction market platforms.
The Block•Sarah Wynn20 Aug
CME Group Chairman Terry Duffy and Kalshi co-founder Luana Lopes Lara traded barbs during a CFTC meeting over prediction markets, manipulation, and regulatory standards.
CME CEO Terry Duffy says the CFTC waves through manipulable prediction markets. Chairman Selig called the claim fake news.
BeInCrypto•Lockridge Okoth20 Aug
Divergent confidence levels in Fed rate predictions highlight differing market dynamics and information processing speeds, impacting investor strategies.
CryptoBriefing•Editorial Team20 Aug
The president said CFTC Chair Michael Selig is working to bring the geoblocked perpetual futures venue into the US "in a fully compliant and legal fashion," sending HYPE and Hyperliquid Strategies shares up and CME and Cboe down.
The Defiant•The Defiant Team20 Aug
Silicon Data raised $30.5M to build GPU pricing benchmarks as CME Group prepares to launch cash-settled GPU futures contracts on NYMEX in October
CryptoBriefing•Editorial Team19 Aug
The CFTC plans to seek public input on AI compute futures as CME targets an Oct. 5 launch for two contracts based on GPU rental prices.
The regulatory review could shape an emerging market that lets companies and investors trade and hedge the cost of increasingly scarce AI computing power.
Cointelegraph•Cointelegraph by Sam Bourgi17 Aug
Binance has overtaken CME Group in Bitcoin futures open interest for the first time since late 2023, holding roughly 148,500 BTC against CME’s 102,840. The reversal unwinds two years of institutional dominance narrative and raises questions about whether traditional finance…
Small positive offshore funding exposes longs on a drop, while CME leveraged funds’ net short creates an upside squeeze channel.
CryptoSlate•Liam 'Akiba' Wright16 Aug
Mark Cuban says chips as an asset class will be the new crypto as CME Group lists GPU futures October 5.
BeInCrypto•Phil Haunhorst16 Aug
CME's compute futures could stabilize GPU rental costs, offering AI stakeholders a new financial tool amid volatile market conditions.
CryptoBriefing•Editorial Team11 Aug
Bitcoin carry trade returns hit 7.89% on CME, topping the 4.19% two-year Treasury yield as ETFs drew $865 million.
BeInCrypto•Lockridge Okoth11 Aug
Cardano fell below $0.19 as Grayscale withdrew its ADA ETF filing, just before CME futures crossed a key six month SEC listing threshold.
Hedge funds are the big professional investors who trade to beat the market. For the first time in years, they have turned bullish on Bitcoin. They placed that bet using futures on the Chicago Mercantile Exchange (CME), a regulated US venue. The shift was flagged by CryptoQuant, a data firm. Two other charts, though, hint
BeInCrypto•Ananda Banerjee10 Aug
CoinDesk•James Van Straten10 Aug
Prediction markets and the CME Fedwatch tool are lining up behind the U.S. Federal Reserve holding rates steady in September, but anyone watching the board knows this is hardly a done deal. Traders have moved toward a pause, yet the pricing still leaves plenty of room for another hike. Across some of the market’s closely […]
Bitcoin.com News•Jamie Redman9 Aug
Flutter Entertainment will route every sports and novelty contract on Fanduel Predicts to Crypto.com’s exchange, leaving CME Group with only the financial markets on a venture CME majority-owns. The move comes three weeks after CME’s chief executive told analysts that many sports prediction markets amount to gambling. Flutter booked $6 million in market-making revenue in […]
Bitcoin.com News•Luci Kelemen6 Aug
CME's successful launch of single stock futures could reshape market dynamics, offering retail investors new leverage opportunities and risks.
CryptoBriefing•Editorial Team5 Aug
Commission review puts QBTC’s conditional approval at risk while an Aug. 24 statement deadline opens the next round.
CryptoSlate•Liam 'Akiba' Wright4 Aug