Schlagwort: crypto market news

• Cboe to launch continuous BTC and ETH futures on Nov. 10, pending regulatory approval.
• Continuous futures last up to 10 years, removing frequent contract rollovers for traders.
• Cboe expects new products to attract both institutions and retail crypto derivatives traders.

Cboe Global Markets announced plans to launch new “Continuous futures” for bitcoin (BTC) and ether (ETH), with trading expected to begin on November 10, pending regulatory approval.

The products are designed to resemble perpetual futures contracts that are widely traded on offshore exchanges, but with adjustments to align with US regulatory requirements.

What sets continuous futures apart

Unlike traditional futures, which require frequent rolling as contracts near expiration, Cboe’s Continuous futures are structured as single contracts that can last up to 10 years.

This design is intended to simplify position management for traders by removing the need to roll over contracts at regular intervals.

According to Cboe, the contracts will be cash-settled and linked to real-time spot market prices.

They will incorporate daily cash adjustments, supported by a transparent and replicable funding rate methodology.

This approach is aimed at creating a stable and reliable trading instrument for both institutional and retail participants.

Bringing perpetual-style futures to US markets

Catherine Clay, Global Head of Derivatives at Cboe, highlighted the growing popularity of perpetual-style futures in offshore markets.

She noted that Cboe’s introduction of a similar product within a regulated US framework would provide traders with greater confidence.

“Perpetual-style futures have gained strong adoption in offshore markets. Now, Cboe is bringing that same utility to our US-regulated futures exchange and enabling US traders to access these products with confidence in a trusted, transparent, and intermediated environment,” Clay said in a statement.

The contracts will be cleared through Cboe Clear US, a derivatives clearing organization regulated by the Commodity Futures Trading Commission (CFTC).

This ensures that the products fall under the oversight of US financial authorities, addressing one of the main concerns around offshore perpetual futures.

Cboe’s broader push into digital assets

Cboe, originally known as the Chicago Board Options Exchange, was the first US exchange to offer bitcoin futures in 2017.

However, the company suspended new contracts about two years later as the crypto market downturn reduced demand.

With the recent resurgence in digital assets and renewed bullish momentum in the market, Cboe has re-energized its efforts to expand crypto-related offerings.

The exchange has been particularly active in pursuing listings of exchange-traded funds (ETFs) tied to digital assets.

The addition of Continuous futures for bitcoin and ether reflects its strategy of broadening crypto derivatives available to US traders.

Clay added that Cboe expects the new products to attract a wide range of participants.

“We expect Continuous futures to appeal to not only institutional market participants and existing CFE customers, but also to a growing segment of retail traders seeking access to crypto derivatives,” she said.

By providing long-dated, perpetual-style contracts within a US-regulated environment, Cboe is positioning itself to capture both institutional and retail demand in the rapidly evolving crypto derivatives market.

The post Cboe to launch continuous Bitcoin and Ether futures in November appeared first on CoinJournal.

• Ripple and BBVA extend earlier collaborations in Switzerland and Turkey.
• BBVA launches retail crypto custody for BTC and ETH using Ripple.
• MiCA regulation gives banks confidence to expand digital asset services.

Ripple has announced that Spain’s second-largest bank, BBVA, would integrate its institutional-grade custody technology into the bank’s retail crypto platform in Spain.

This signals a new phase of mainstream adoption for digital assets in Europe, coming at a time when the region’s banks are embracing the regulatory clarity provided by the EU’s Markets in Crypto-Assets (MiCA) law.

Ripple’s crypto custody enters Spain

The agreement between Ripple and BBVA enables BBVA customers to trade and securely hold bitcoin and ether directly within the bank’s mobile application.

By using Ripple Custody, BBVA can manage cryptocurrencies and tokenised assets without depending on third-party intermediaries, giving customers a more seamless and trusted experience.

The Spanish lender disclosed the new offering to Spain’s National Securities Market Commission (CNMV), underscoring its commitment to transparency and compliance.

With this rollout, BBVA becomes one of the first major European banks to make crypto trading and custody services available to retail clients under a fully regulated framework.

Building on past collaborations

The new agreement is not the first between the two companies. Ripple and BBVA have previously worked together in Switzerland and Turkey, where the custody technology was deployed to support similar initiatives.

BBVA’s Swiss unit had already collaborated with Metaco, the digital asset firm Ripple acquired in 2023, to build out its custody operations.

The pair also tested real-time cross-border payments in earlier pilot projects, signalling a broader ambition beyond custody alone.

Last month, BBVA was reported to have taken on a role as one of the few independent custodians serving clients of Binance, the world’s largest crypto exchange.

European banks can offer crypto services under MiCA

BBVA’s move in Spain reflects a broader shift within Europe’s financial industry.

MiCA’s implementation has given traditional banks a clear path to enter the crypto sector while ensuring customers remain protected.

Ripple executives have pointed to MiCA as a turning point for the European banking sector.

Cassie Craddock, Ripple’s managing director for Europe, noted that the regulation gives banks the confidence to deliver digital asset services their customers have long demanded.

By adopting Ripple’s custody solution, BBVA can scale its offering to meet rising demand without compromising on compliance or security.

For Ripple, the deal in Spain adds another milestone in its strategy to support regulated financial institutions across Europe.

BBVA echoed the same sentiment, stressing that customers can now explore digital assets while maintaining the security expected from a global bank.

Francisco Maroto, who heads the lender’s digital asset unit, said Ripple’s custody system delivers the reliability and security needed to earn customer trust.

Moroto added that the partnership allows BBVA to provide an end-to-end custody service, strengthening the bank’s position as a leader in Europe’s evolving crypto landscape.

The post Spanish bank BBVA taps Ripple to power retail crypto custody under MiCA appeared first on CoinJournal.

• Launch Coin on Believe price rose suddenly, jumping 60% to highs of $0.118.
• Gains saw a surge in liquidations, with crypto trading firm.

Launch Coin on Believe (LAUNCHCOIN) price surged nearly 60% in early trading on Tuesday, with the altcoin’s sudden pump leading to significant losses for shorts.

The token’s rapid price increase also triggered a cascade of liquidations, with on-chain data showing a liquidity provider suffered losses of over $4 million.

Launch Coin on Believe price sees sudden 60% pump

Cryptocurrencies like Worldcoin and MYX Finance are riding bullish news to top gainers charts over the past 24 hours. Meanwhile, small cap token LAUNCHCOIN is also attracting social chatter.

As noted, the Launch Coin on Believe price experienced a sharp price surge amid a nearly 60%  spike. Trading around $0.076 in early deals during the Asian session, LAUNCHCOIN suddenly pumped to $0.132.

This sudden jump accounted for a 60% rise that hit many traders betting on a continued consolidation or downturn.

With intense buying pressure, driven by speculative trading and potential market manipulation, LAUNCHCOIN saw its daily trading volume skyrocket.

According to CoinGecko, the rapid ascent pushed volume on centralized crypto exchanges such as LBank and Bitget 540% up, and stood around $255 million in 24 hours.

The more than fourfold increase in volume from the day before attests to the sharp uptick in market activity.

$4 million loss amid cascade of liquidations

While buyers celebrated the meteoric price surge, LAUNCHCOIN’s gains saw a notable market player suffer significant losses.

According to analytics account Lookonchain, a wallet linked to the market maker GSR suffered one of the biggest losses as the token’s price rose.

The wallet, shown to have been hedging a short position on LAUNCHCOIN, was fully liquidated. It meant a loss equivalent to $4 million as GRS Market’s other positions saw a cascade of liquidations on decentralized exchange Hyperliquid.

As liquidation on LAUNCHCOIN’s gains hit the leveraged positions betting against a price increase, other positions too were wiped out. Lookonchain notes GRS Market’s other short positions caught in the carnage included Mantle, Popcat, Chainlink and Lido DAO.

“The liquidation of #GSRMarkets’ short position triggered a domino effect, wiping out their other shorts on $MNT, $POPCAT, $LINK, and $LDO, and zeroing out the account,” Lookonchain posted.

LAUNCHCOIN’s price currently hovers around $0.091, slightly off its intraday high. The $0.08 level, above which bulls took charge for the spike, is likely to be critical if price falls further.

As LAUNCHCOIN looks for a decisive move, analysts say the event highlights how the cryptocurrency trading market can offer opportunity but also be a brutal arena with fortunes shifting in an instant.

The post LAUNCHCOIN price pump leads to $4m loss for crypto trading firm appeared first on CoinJournal.

• Crypto is failing to rally with stocks despite growing Fed rate-cut hopes.
• Traders are cautious and defensive ahead of a key US inflation (CPI) report.
• A “split-screen reality” exists between short-term fear and long-term adoption.

A feast is raging on Wall Street. A dismal US jobs report has sent stocks and bonds soaring, as investors celebrate the near-certainty of a Federal Reserve interest rate cut.

But in a strange and unsettling paradox, the cryptocurrency market has refused its invitation to the party.

Instead of joining the rally, digital assets are trapped in a nervous, range-bound state, haunted by the specter of a looming inflation report and a deep internal conflict between short-term fear and long-term faith.

While the broader markets are buzzing with optimism, crypto traders remain staunchly defensive.

Bitcoin is holding steady above 111,600 dollars, but is showing no signs of a breakout.

Options markets confirm this cautious stance, with QCP Capital noting that risk reversals are heavily skewed toward puts, a clear sign that traders are paying a premium to protect against a downturn ahead of Thursday’s crucial US Consumer Price Index (CPI) report.

The split-screen reality

This is the great “split-screen reality” of the 2025 crypto market, a term coined by the market maker Enflux.

On one screen, you have the chaotic, headline-driven world of speculative trading, currently paralyzed by fear.

On the other, a much quieter but more profound story is unfolding: the slow, steady, and relentless construction of the rails for mainstream institutional adoption.

Enflux argues that while traders are fixated on the CPI print, they are missing the more significant developments.

The SEC is creating forward-looking rules, and crypto-native firms like Coinbase are being integrated into major indices.

This, they contend, is the real story. “Structural legitimacy, not speculation, remains the real story of 2025,” Enflux wrote in a note to CoinDesk.

A tale of two paths to legitimacy

This split-screen narrative played out in real-time on Friday in a powerful and revealing way.

Michael Saylor’s Strategy, a pure-play Bitcoin treasury, was passed over for inclusion in the S&P 500 despite meeting all the technical criteria.

In its place, the index unexpectedly welcomed Robinhood, a crypto-adjacent firm with a more diversified, traditional business model.

The market’s verdict was swift: Robinhood’s stock surged 7 percent, underscoring a clear preference for companies that offer a regulated and familiar bridge to the world of digital assets.

The wild west still haunts the east

At the same time, the other side of the screen was flashing with the kind of drama that keeps institutional capital on the sidelines.

The DeFi protocol WLFI sent shockwaves through the market by freezing over 270 wallets—including that of the high-profile whale Justin Sun—to supposedly “protect users” after a crash.

The move, a stunning display of centralized power in a supposedly decentralized world, rattled even seasoned players.

The question quickly spread through insider channels: “If they can do it to Sun, who’s next?”.

“On one side, speculative narratives like WLFI risk cannibalizing themselves through governance drama,” Enflux wrote.

On the other hand, institutional-grade infrastructure and regulation are solidifying at a pace that suggests the rails for mainstream adoption are being laid faster than most expect.

This is the central conflict defining the market. For traders, the short-term noise of the CPI report is deafening. But for long-term investors, the signal of structural legitimacy is growing stronger every day.

The question now is which of these two powerful forces will ultimately win the war for crypto’s soul.

The post Market at war with itself: why crypto is ignoring a massive Wall Street rally appeared first on CoinJournal.