Connect with us
DAPA Banner
DAPA Coin
DAPA
COIN PAYMENT ASSET
PRIVACY · BLOCKDAG · HOMOMORPHIC ENCRYPTION · RUST
ElGamal Encrypted MINE DAPA
🚫 GENESIS SOLD OUT
DAPAPAY COMING

Crypto World

EUR/JPY: Yen Recovers April Losses as the Market Searches for a New Equilibrium

Published

on

EUR/JPY: Yen Recovers April Losses as the Market Searches for a New Equilibrium

Fundamental backdrop

In late April 2026, Japan’s Ministry of Finance moved from verbal warnings to direct action, carrying out a currency intervention worth roughly ¥5.5 trillion ($35 billion) — the first since July 2024. The move was triggered by the yen weakening beyond the psychologically significant level of 160 against the dollar.

Additional context comes from the divergence in monetary policy between the ECB and the Bank of Japan: the European regulator continues to leave the door open to tighter policy amid rising inflation expectations, while Tokyo maintains a cautious normalisation path without providing clear guidance on the timing of its next move.

Technical picture

After reaching a local peak near 188 in mid-April, the EUR/JPY pair experienced two impulsive declines. The first occurred on 30 April, when the candlestick recorded an abnormal spike in vertical volume — a direct consequence of the Japanese Ministry of Finance intervention, which saw the yen strengthen by roughly 3% during the session. A second bout of sharp selling pressure followed in early May.

As a result, a horizontal profile formed with boundaries at 183.800–185.000, while the point of control is concentrated within the 184.50–184.70 range.

The price is now testing the upper boundary of the profile — an area where sellers have already shown activity on two separate occasions. The 182 region has held since February and could once again come into focus if pressure resumes: both May sell-offs reversed precisely from this zone, failing to break lower. Meanwhile, the 185.500 area could act as resistance should the current advance continue.

Advertisement

RSI + MA readings stand at 57 / 55 / 53 respectively — all three lines remain in neutral territory, with no clear signs of momentum.

Key takeaways

The current situation is shaped by the clash between interest-rate differentials and the willingness of the Japanese authorities to intervene again if necessary. For now, with RSI offering no directional impulse, the point of control and the profile boundaries remain the key reference levels for assessing the current trading range.

Trade over 50 forex markets 24 hours a day with FXOpen. Take advantage of low commissions, deep liquidity, and spreads from 0.0 pips (additional fees may apply). Open your FXOpen account now or learn more about trading forex with FXOpen.

This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

Advertisement

Source link

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Crypto World

Bitcoin rises after Bank of Japan hikes interest rates to a 31-year high

Published

on

BOJ explores tokenized central bank money as 2026 digital yen decision looms

Rate hikes are typically bearish for risk assets like cryptocurrencies, especially from the BOJ, whose long era of ultra-low rates had supported global equity and bond bull markets.

The positive crypto reaction likely stemmed from a key dovish element in the announcement: the BOJ’s decision to pause its bond taper.

As InvestingLive noted, “The bond taper pause from April 2027, fixing monthly JGB purchases at around 2 trillion yen, is the complicating factor: it removes a source of upward yield pressure at the long end and could be read as a concession to government concerns about borrowing costs, raising questions about the BOJ’s operational independence even as it tightens policy rates.”

By pausing the reduction in bond purchases (or steadying the unwind), the BOJ is effectively looking to cap upward pressure in government bond yields. This may help keep long-term borrowing costs in check, supporting financial markets and providing a counterbalance to the tighter short-term policy stance.

Advertisement

Overall, while the headline rate hike was expected, the dovish tilt on bond purchases likely helped soothe markets and fueled the bounce in bitcoin.

Source link

Continue Reading

Crypto World

Ventuals Exit Costs Hyperliquid Two High-Profile AI Markets

Published

on

Hyperliquid (HYPE) Price Performance

Ventuals, the team behind OpenAI and Anthropic perpetual markets on Hyperliquid, is winding down. The shutdown freezes both pre-IPO markets and settles all open positions automatically using 24-hour average prices.

The team announced Monday that it will join another project building within the Hyperliquid ecosystem. Over the next few days, all of its remaining markets will settle and halt for trading.

What the Ventuals Shutdown Means for Hyperliquid

Ventuals built around a simple idea. It offered round-the-clock private markets so anyone could gain exposure to top technology firms before an IPO.

The project ran on Hyperliquid’s HIP-3 market framework, which lets outside teams create and manage their own perpetual futures markets. That model pushed the exchange well beyond cryptocurrencies.

Advertisement

Ventuals traded more than $650 million in volume and attracted over 500,000 HYPE, Hyperliquid’s native token, in community support. It charged no deposit, withdrawal, or management fees.

OpenAI and Anthropic Markets Settle at Frozen Prices

The OPENAI and ANTHROPIC contracts gave traders exposure to two top AI IPO candidates. Neither firm trades publicly, so users speculated on implied valuations rather than owning shares.

Ventuals priced those contracts in company valuation, where a mark of $1,300 signaled a $1.3 trillion firm. It froze both prices at their 24-hour averages and set funding rates to zero.

The OPENAI market settled at $1,341.80 and ANTHROPIC at $1,618.90, implying valuations near $1.34 trillion and $1.62 trillion. Trading halted Monday morning, with all positions settled automatically.

Advertisement

After settlement, vHYPE holders can withdraw their deposited HYPE one-to-one, plus any accrued staking yield.

TradeXYZ Tightens Its Grip on Pre-IPO Markets

The closure highlights fast consolidation among HIP-3 operators. TradeXYZ dominates pre-IPO trading on Hyperliquid.

It holds about 95% of the category’s $1.46 billion lifetime volume, a June 9 Talos report found. Open interest across those markets sits near $106 million.

TradeXYZ built that lead on an accurate pricing record. Its Cerebras (CBRS) contract traded within 1.3% of the chip maker’s $350 Nasdaq open in May. That sat well above the $185 IPO price.

Advertisement

The builder’s SpaceX pre-IPO market sent a similar signal. SPCX launched May 18 and held above the $135 offering price for weeks. SpaceX stock opened at $150 on its Nasdaq debut June 12 and closed up about 19%.

Hyperliquid’s HYPE token traded near $68, up almost 12% on the day. The rally held even as one of its marquee builders exited.

Hyperliquid (HYPE) Price Performance
Hyperliquid (HYPE) Price Performance. Source: BeInCrypto

The wind-down leaves TradeXYZ with little competition in a young market.

Rivals emerging or one operator keeps control will shape Hyperliquid’s pre-IPO trading in the coming months.

The post Ventuals Exit Costs Hyperliquid Two High-Profile AI Markets appeared first on BeInCrypto.

Advertisement

Source link

Continue Reading

Crypto World

Polymarket Trader Turns $427,000 Into $4.7 Million on Spain World Cup Shock

Published

on

Polymarket Trader Turns $427,000 Into $4.7 Million on Spain World Cup Shock

A Polymarket trader known as “fishalive” turned roughly $427,000 into more than $4.7 million after Spain failed to beat Cape Verde at the 2026 World Cup, becoming one of the largest single trades on the platform.

The contrarian wager has stunned the football world and the prediction market space alike.

A Million-Dollar Wager on Prediction Market

Polymarket is a leading crypto-based prediction market where users buy “yes” or “no” shares on the outcomes of real-world events. In this case, “fishalive” took the “No” position against a Spain victory at odds reflecting just 9% probability before kickoff.

Advertisement

The user bought roughly $427,952 worth of “No Spain win” shares. After the market settled, the payout reached exactly $4,702,769.23, making it one of the most profitable single Polymarket trades of the entire 2026 World Cup.

The match was played on June 15, 2026, marking Spain’s debut at the FIFA World Cup hosted by the United States, Mexico, and Canada. The new 48-team format placed “La Roja” into Group H, where it faced debutant Cape Verde as the overwhelming favorite.

Follow us on X to get the latest news as it happens

Spain entered as a clear favorite across all major bookmakers and prediction platforms, with Polymarket odds above 90%.

However, La Roja failed to deliver the expected result. Cape Verde, organized and disciplined, secured at least one point in a result already considered historic.

Images of Spanish players showing frustration spread quickly across social media. As a result, the prediction market community immediately turned its attention to the “fishalive” trade, which had captured the unlikely outcome with remarkable precision.

What the Trade Says About Polymarket and the World Cup

The case shows the potential and the risk of prediction markets like Polymarket, which have already recorded massive volumes during the 2026 World Cup. Most participants bet heavily on Spain, with some users losing close to $1 million on the result.

Advertisement

“fishalive” took the contrary position with conviction. The profile has now become a trending account, even though the trader’s real identity remains unknown.

Experts note that trades like this require more than capital. They demand a deeper understanding of factors that algorithms and the broader public often underestimate, including opponent motivation, possible squad rotations, weather conditions, and the emotional drive of emerging African selections.

Cape Verde proved that no match is truly easy at a World Cup. For Polymarket, the moment reinforces its leading position in the sports prediction space, with billions already traded on tournament outcomes, including the overall champion market.

Advertisement

Spain and France remain the top favorites to win the entire tournament according to Polymarket data. Cases like “fishalive” generate viral attention and continue to attract new traders to the platform amid heightened World Cup activity worldwide.

Spain must now recover quickly. Group H also includes Uruguay and Saudi Arabia, and the path forward remains open despite the early stumble. With abundant talent, La Roja still has time to turn things around before facing the next round.

Subscribe to our YouTube channel to watch leaders and journalists provide expert insights

The post Polymarket Trader Turns $427,000 Into $4.7 Million on Spain World Cup Shock appeared first on BeInCrypto.

Advertisement

Source link

Continue Reading

Crypto World

Bitcoin whales are buying, but Peter Brandt’s chart says wait

Published

on

BTC breaks $80k for the first time since January as Fox DeFi explains the capital driving the rally

Veteran trader Peter Brandt said Bitcoin remains one of the clearest markets for classical chart analysis. 

Summary

  • Peter Brandt said Bitcoin still follows classical chart patterns better than many other markets.
  • CryptoQuant data suggests whale selling slowed sharply as large holders resumed accumulation near $65,000 again.
  • Bitcoin must reclaim $68,000 with stronger volume before the rebound looks safer for traders.

In a June 15 X post, he wrote, “There are few other markets that so neatly comply to understanding using classical charting principles as Bitcoin.”

Brandt’s weekly BTC chart showed several channels, wedges and consolidation areas across 2023 to 2026. The latest structure looked weaker, with Bitcoin trading near $65,261 and below the 18-week moving average around $71,253.

Advertisement

The chart also showed BTC breaking below a rising channel formed earlier in 2026. The ADX indicator stood near 28.27, pointing to a moderately strong trend. ADX does not show direction, but the break below the channel and moving average suggested stronger downside pressure.

CryptoQuant sees whale selling ease

CryptoQuant shared a different market signal. Its data showed that Bitcoin Inflow Coin Days Destroyed fell from 2.16 million to about 33,000, suggesting that older coins were no longer moving to exchanges at the same pace.

Advertisement

The earlier sell-off was most active in early June, when Bitcoin fell from about $71,300 to $63,800. That phase showed long-held coins moving into exchanges as large holders reduced exposure.

The latest data now points to renewed whale accumulation. More than 11,400 BTC, worth about $700 million, moved from exchanges to private wallets in recent days, according to the report shared by CryptoQuant.

Bitcoin rebound still faces resistance

As crypto.news reported, Bitcoin climbed above $65,500 on Monday after a U.S.-Iran peace deal eased oil and inflation fears. BTC traded above $66,000 at press time, up about 3% in 24 hours, with a daily high close to $65,893.

The rebound placed Bitcoin back near the upper end of the $60,000 to $65,000 support area. crypto.news noted that the next key area sits near $68,000, where sellers may try to slow the recovery.

Advertisement

Technical signals remain mixed. The same crypto.news report said Bitcoin still needs stronger volume above $68,000 to confirm demand. ETF outflows and broader market caution also remain factors for traders.

Two market readings shape the outlook

Brandt’s chart suggests Bitcoin may stay under pressure while it trades below the 18-week moving average and inside a weaker weekly structure. His view does not rule out a longer-cycle recovery, but it points to more patience before a confirmed upside break.

CryptoQuant’s whale data offers a more supportive signal. If large holders continue withdrawing BTC from exchanges, selling pressure may ease further. For now, Bitcoin’s next move depends on whether buyers can turn whale accumulation into a clean break above resistance.

A failed move could return focus to last week’s lows near the $60,000 zone again.

Advertisement

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Advertisement

Source link

Continue Reading

Crypto World

SpaceX Shares Rally for a Second Session as ETF Issuers Pile In

Published

on

SpaceX (SPCX) Stock Performance

SpaceX (SPCX) extended its post-IPO climb into a second session on Monday, trading near $178 and lifting its two-day gain to roughly 32% above the $135 price set last week.

The advance kept investor focus on a fast-growing roster of leveraged exchange-traded funds built around the new ticker.

SpaceX (SPCX) Stock Performance
SpaceX (SPCX) Stock Performance. Source: TradingView

SpaceX Shares See A Second Day of gains

SPCX began trading on June 12 at $135 per share, raising about $75 billion in the largest initial public offering on record.

The deal, led by Goldman Sachs, drew roughly $250 billion in orders and closed about three and a half times oversubscribed before pricing.

It overshot the prior record, Saudi Aramco’s $29.4 billion listing in 2019, by about two and a half times.

Advertisement

The stock jumped roughly 19% on Friday to close at $160.95, then climbed to around $192 on Monday.

That left SpaceX valued near $2.3 trillion in its record Nasdaq debut, ranking it among the world’s most valuable listed companies and keeping Elon Musk’s standing as the first trillionaire on paper intact.

The size of that order book sits at the center of the open question beneath the rally, whether the second-session buying reflects durable demand or the froth that often trails a heavily oversubscribed deal.

Advertisement

ETF Issuers Pile In

GraniteShares listed its 2x Long SpaceX Daily ETF (SPAL) and a 2x Short version (SNK) on Monday, while Defiance brought its 2x long product (SPCU) to market the same day.

SPAL carries a net expense ratio of 1.50% and resets its exposure daily, which the issuer states makes it a short-term trading vehicle rather than a long hold.

They join earlier entries from ProShares, Direxion and Leverage Shares, part of a wave of about 25 SpaceX-linked filings submitted ahead of the listing.

Advertisement

Defiance’s earlier SPCL fund drew roughly $10 million in first-day volume and rose about 46% before SPCX itself began trading.

The launches extend a playbook that single-stock leveraged funds have followed since US regulators cleared them in 2022.

Direxion’s 2x Tesla fund (TSLL) and GraniteShares’ 2x Nvidia fund (NVDL) grew to about $6.5 billion and $4.4 billion in assets, a sign of how fast retail traders crowd into amplified bets on one name.

That same appetite now meets the SpaceX valuation debate, with the price far ahead of 2025 results.

Advertisement

Daily compounding means these funds can lose money even when SPCX rises over longer stretches, a risk that grows as more shares reach the market in the weeks ahead.

Not every fund chasing SpaceX is built for day traders. ARK Invest said it now holds SPCX across four active ETFs, ARKX, ARKQ, ARKK and ARKW, after first backing the company through its private ARK Venture Fund in 2023.

The firm picked up about 3.3 million shares worth roughly $444 million around the debut, and SpaceX stood at 11.38% of the Venture Fund’s net assets at the end of May, its largest holding.

The coming sessions will test whether the demand that powered the debut keeps buyers engaged, or whether the leverage now stacked on SPCX amplifies the first real pullback.

The post SpaceX Shares Rally for a Second Session as ETF Issuers Pile In appeared first on BeInCrypto.

Source link

Advertisement
Continue Reading

Crypto World

Comparing Market Value of SpaceX Stock and Pepeto Shows Why a Presale Entry Beats the Biggest IPO in History

Published

on

Comparing Market Value of SpaceX Stock and Pepeto Shows Why a Presale Entry Beats the Biggest IPO in History

Comparing market value of SpaceX stock and Pepeto reveals something most investors have not stopped to calculate. SpaceX debuted on Nasdaq at $135 on June 12, closed at $170.54, and briefly touched $176.52, giving IPO holders a 19% gain on day one after raising $75 billion in the largest public offering ever, according to CNBC.

By every measure in traditional finance, that debut was historic. But comparing market value of SpaceX stock and Pepeto puts that 19% into a frame that makes it look small.

Pepeto sits at $0.0000001876 with $10.27 million raised, a working exchange already live, and a Binance listing ahead that analysts project could deliver 100x or greater. The IPO gave one day of returns. The presale gives a window to enter before the listing makes the biggest debut in market history feel small.

SpaceX raised $75 billion selling 555.6 million shares at $135, topping Saudi Aramco’s $29 billion record from 2019, according to CNBC. It holds 18,712 Bitcoin worth $1.29 billion, the eighth largest corporate BTC holder, and Saylor declared on June 13 that 25% of the Mag8 now holds Bitcoin, according to CoinDesk.

Advertisement

SpaceX and Pepeto both live in the world of capital formation, but the return profiles could not be further apart.

Pepeto: Why a Sub-Penny Presale Delivers What a $2.1 Trillion Stock Cannot

An IPO at $2.1 trillion is a milestone. It is also a ceiling, because doubling SpaceX needs another $2.1 trillion in fresh market cap. The investors who got in at the $135 IPO price saw 19% on day one, and the average analyst target sits at $164, roughly 2% above where it trades now. The story is real, but size makes the growth math slow.A presale works the opposite direction, with the entry before the listing, not after.

Pepeto sits at $0.0000001876 with a live exchange that handles every swap fee-free across Ethereum, BNB Chain, and Solana. The bridge transfers tokens between blockchains without deducting from the balance, the scanner reviews every token before capital gets exposed, and SolidProof audited the code before the presale opened.

Over $10.27 million flowed in while fear dominated the market. Staking at 170% APY compresses supply daily while the Binance listing approaches. The creator of the original Pepe token reached $11 billion with zero products, then built every smart contract powering this platform.

Advertisement

Comparing market value of SpaceX stock and Pepeto makes the gap clear, because a $2.1 trillion company offers single-digit upside while a presale at six decimal zeros offers a return that only exists before a listing prices it away.

SpaceX (SPCX) Stock at $170.54 as the Opening Day Energy Fades and Analyst Targets Sit Flat

The excitement is already cooling. SpaceX (SPCX) trades at $170.54 on June 14, down from its $176.52 intraday peak as normal price discovery replaces IPO adrenaline, according to Tradingview.

The average analyst target is $164, barely 2% above the current level, and SpaceX reported a $4.28 billion net loss last quarter. Starlink revenue drives the long-term case, but the valuation already bakes in years of growth. A $2.1 trillion company grinding 5% higher is a fine investment, not the kind of entry that changes anything.

Conclusion

Comparing market value of SpaceX stock and Pepeto puts the biggest IPO in history next to a presale targeting the kind of return no stock at any valuation can hand you, because SpaceX rewarded IPO holders with 19% on day one and analysts now see barely 2% more, a fine outcome unless what you are after is a number that multiplies. Pepeto offers that.

Advertisement

Three hundred dollars at $0.0000001876 is the kind of stake that turns into a down payment, a tuition check, or the start of something that was not on the table the week before. SpaceX holders will watch a chart drift a few percent either way, while the people who entered this presale will be telling the story over dinner. Visit Pepeto before the listing prices it away.

Click To Visit Pepeto Website To Enter The Presale

FAQs

How does comparing market value of SpaceX stock and Pepeto show the return gap?

SpaceX at $2.1 trillion gave IPO holders 19% with the analyst target at $164, roughly 2% above current levels. Pepeto at $0.0000001876 targets 100x from a single Binance listing.

Can Pepeto presale returns beat SpaceX stock gains based on the market value comparison?

Pepeto raised $10.27 million during Extreme Fear with live exchange tools, 170% APY staking, and the Pepe creator leading the build. The presale-to-listing math delivers multiples a $2.1 trillion valuation cannot generate.

Advertisement

Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

Source link

Continue Reading

Crypto World

How the World Cup is driving XRP into global payments, and how XRPPower helps users earn $4,770 daily

Published

on

How the World Cup is driving XRP into global payments, and how XRPPower helps users earn $4,770 daily

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

With the 2026 FIFA World Cup approaching, digital payments rise as XRP gains attention for cross-border utility.

Advertisement

Summary

  • As the 2026 World Cup drives global attention to digital payments, XRP gains focus for real-world cross-border use.
  • XRPPower uses on-chain verification, AI risk control, and enterprise audits to improve transparency, security, trust.
  • XRPPower’s AI-driven XRP/BTC Smart Participation Model targets long-term value and passive income opportunities.

With the 2026 FIFA World Cup drawing global attention, digital payments and cross-border finance have once again become market focal points. Leveraging its advantages in global payments, XRP is gaining increasing recognition from institutions and users, and market focus is gradually shifting from short-term price fluctuations to its practical application value.

Simultaneously, more and more users are seeking participation methods that don’t entirely rely on market fluctuations, hoping to achieve long-term value through a smarter, more efficient digital ecosystem.

In response to this trend, XRPPower has launched the XRP/BTC Smart Participation Model, combining artificial intelligence technology with the digital asset ecosystem to provide users with a more convenient digital experience and help more XRP holders explore new opportunities for passive income in the digital finance era.

Advertisement

Why users are paying attention to XRPPower’s AI-powered smart ecosystem

1. A More Transparent Data System

XRPPower adopts an on-chain data recording and verification mechanism, supporting querying, tracing, and verification of key data, further enhancing platform transparency and user trust.

2. International Audit and Management Standards

To continuously enhance operational transparency and ecosystem credibility, XRPPower actively references the management frameworks and audit standards of international professional institutions and has brought in professional teams, including PwC, for evaluation and optimization, continuously improving risk management, operational processes, and user protection systems.

Advertisement

3. Enterprise-Grade Security Protection

The platform integrates SSL/TLS encrypted transmission, DDoS attack protection, real-time risk monitoring, and intelligent early warning mechanisms to build a multi-layered security architecture, providing comprehensive protection for user accounts, data, and assets.

4. AI-Driven Intelligent Risk Control

Leveraging artificial intelligence analysis technology and automated monitoring systems, XRPPower can identify abnormal behavior and potential risks in real time, continuously improving platform operational efficiency and security stability, providing global users with a more reliable digital service experience.

Advertisement

How to join XRPPower and start the smart earnings program?

1. Register an exclusive account

Quickly register using an email address and easily begin the XRPPower digital experience journey.

2. Choose a suitable smart contract

Based on personal needs and financial plans, choose an XRP/BTC smart contract plan and a suitable participation period.

Advertisement

3. Activate and connect to the system

After activating a plan, connect to the XRPPower AI smart system and begin participating in the platform’s digital ecosystem.

4. View account dynamics in real time

During system operation, you can view your account data, earnings records, and asset status at any time through a personal backend, enjoying a more convenient and efficient digital management experience.

Advertisement

Some popular contracts

Investment Amount: $5,000, Contract Period: 15 days, Daily Earnings: $70.50, Total Earnings: $1,057.5, Principal $5,000 Refunded at Maturity.

Investment Amount: $10,000, Contract Period: 20 days, Daily Earnings: $153, Total Earnings: $3,060, Principal $10,000 Refunded at Maturity.

Click to View More Different Contracts

Advertisement

About XRPPower

XRPPower is a platform focused on artificial intelligence, digital asset ecosystem, and intelligent technology services. With its secure, transparent, and compliant operating philosophy, along with its continuously upgraded technical architecture and global service network, the platform has covered 189 countries and regions worldwide, accumulating over 3 million users.

By integrating AI intelligent systems, digital financial infrastructure, and global operational capabilities,

XRPPower is actively driving digital ecosystem innovation, providing global users with a safer, smarter, and more efficient digital service experience.

For more information, visit the official website.

Advertisement

Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.

Advertisement

Source link

Continue Reading

Crypto World

Kraken launches crypto perpetual futures for eligible U.S. traders

Published

on

Kraken launches crypto perpetual futures for eligible U.S. traders

Kraken has launched perpetual futures for eligible U.S. clients through a CFTC-regulated venue, bringing a product that generated more than $60 trillion in global crypto trading volume in 2025 onto its U.S. platform.

Summary

  • Kraken has launched perpetual futures for eligible U.S. clients through its CFTC regulated derivatives business, Bitnomial.
  • U.S. traders can now access spot, margin, futures and perpetual contracts from a single Kraken Pro account.
  • The launch follows recent regulatory approvals that have brought crypto perpetual futures products back into the U.S. market.

According to a June 15 announcement from Kraken, eligible U.S. users can now trade perpetual futures on Kraken Pro alongside spot, margin and traditional futures products, allowing them to manage multiple trading strategies within a single account.

Perpetual futures have become the dominant product in crypto derivatives markets because they trade continuously and do not expire. Industry data cited by crypto.news previously showed perpetual contracts accounted for $61.7 trillion in trading volume during 2025, making up most activity across the sector.

Advertisement

Unlike traditional futures contracts that settle on a specific date, perpetuals allow traders to maintain positions indefinitely while funding payments help keep prices aligned with the underlying asset.

Kraken brings perpetual futures onshore through Bitnomial acquisition

Central to the launch is Kraken’s acquisition of Bitnomial, a CFTC-licensed derivatives platform purchased earlier this year by parent company Payward.

Kraken said Bitnomial holds exchange, clearinghouse and brokerage licenses, enabling the company to offer perpetual futures to eligible U.S. clients within the CFTC’s regulatory framework. Through the integration, traders can use the same collateral pool across perpetual futures and other derivatives positions rather than moving assets between separate venues.

Advertisement

Arjun Sethi, co-CEO of Payward and Kraken, said the exchange’s objective was to place spot, margin, futures and perpetual contracts within a single account structure so traders do not need to spread capital across multiple platforms.

John Palmer, Kraken’s global head of derivatives, said traders previously faced operational challenges because perpetual futures and other positions often had to be managed on different venues. He said Kraken’s new setup allows clients to access both from one account and through a single counterparty.

The launch comes days after rival exchange Coinbase announced approval to provide access to global crypto perpetual futures liquidity for U.S. users.

As reported by crypto.news on June 11, Coinbase CEO Brian Armstrong said the approval would allow American traders to access a market that had largely developed outside the United States due to regulatory restrictions. Coinbase also stated that its structure would connect domestic users to global liquidity through Deribit, the derivatives exchange it acquired earlier this year for $2.9 billion.

Advertisement

Both developments arrive as U.S. regulators have begun allowing regulated access to products that were historically concentrated on offshore platforms, giving domestic traders new ways to participate in crypto derivatives markets while remaining within U.S. compliance requirements.

Source link

Advertisement
Continue Reading

Crypto World

August recess emerges as new target for Clarity Act passage

Published

on

Polymarket chart showing a 53% probability that the CLARITY Act will be signed into law in 2026, down 12% from recent highs.

The odds of securing a July 4 signing for the CLARITY Act have narrowed, with lawmakers, industry groups, and market observers increasingly turning their attention to the August recess.

Summary

  • Many lawmakers and industry participants now see the August recess as a more realistic target for the CLARITY Act than July 4.
  • Unresolved ethics negotiations and Senate procedural hurdles continue to slow the bill’s progress.
  • Coinbase, Ripple, and other industry groups remain supportive as momentum for the legislation continues.

According to reporting from Crypto In America, many policymakers and industry participants now view August as the more realistic benchmark for advancing the Digital Asset Market Clarity Act, despite continued support from the White House for an Independence Day deadline.

At Consensus Miami in May, White House Crypto Council Executive Director Patrick Witt said the administration was working toward passage by July 4, describing the legislation as a potential birthday gift for the United States as it prepares to celebrate its 250th anniversary.

Advertisement

Witt reiterated that optimism in comments to crypto journalist Eleanor Terrett on Friday, citing ongoing efforts to resolve Agriculture Committee language, negotiate ethics provisions with Democrats, and address law enforcement concerns tied to illicit finance measures.

Yet the legislative path remains demanding. As outlined by Terrett on Monday, the Senate must still merge separate versions approved by the Banking and Agriculture Committees, secure 60 votes to advance debate, clear additional cloture votes on amendments, and pass the final measure before sending it to the House for approval of any Senate changes.

Advertisement

Limited Senate calendar complicates July target

Legislative timing has become one of the biggest obstacles facing the bill.

“But even if all of those outstanding issues were resolved this week, there simply isn’t enough time left on the legislative calendar to make a July 4 signing logistically possible,” Terrett wrote on Monday.

According to prediction market platform Polymarket, the odds of the CLARITY Act becoming law in 2026 have fallen to 53%, down from about 75% in May.

Polymarket chart showing a 53% probability that the CLARITY Act will be signed into law in 2026, down 12% from recent highs.
Source: Polymarket

The timeline has become more challenging because several negotiations remain unfinished. According to Crypto In America, talks over ethics provisions sought by Democrats have been difficult, while other policy questions continue to be debated between lawmakers.

Senator Cynthia Lummis of Wyoming, one of the bill’s leading architects, previously told Terrett’s newsletter that combining the committee proposals, ethics language, and related changes tied to the GENIUS Act into a single package and obtaining the required 60 votes could take longer than the July 4 target allows.

The legislation has nevertheless made measurable progress. The Senate Banking Committee advanced the bill with bipartisan backing, while two Democratic members supported the measure on the condition that stronger ethics safeguards linked to President Donald Trump were incorporated into the final text.

Advertisement

Industry support remains strong despite delays

The CLARITY Act remains one of the most significant crypto market structure proposals considered by Congress. The legislation would establish clearer jurisdictional boundaries for digital assets, placing decentralized cryptocurrencies such as Bitcoin and Ethereum under the oversight of the Commodity Futures Trading Commission while leaving qualifying securities under securities regulators.

Beyond market classification, the bill contains provisions covering stablecoins, anti-money laundering compliance, decentralized finance activities, and blockchain validators. As reported by crypto.news earlier, more than 200 crypto organizations, including Coinbase and Ripple, recently urged lawmakers to advance the legislation.

Additional pressure comes from competing congressional priorities. According to Crypto In America, lawmakers must also address a bipartisan housing package, the nomination of former SEC Chair Jay Clayton as Director of National Intelligence, and the reauthorization of FISA Section 702.

Despite the delays, some observers believe the bill retains enough political support to continue moving forward. Adam Minehardt of the Hyperliquid Policy Center told Crypto In America that the amount of political capital already invested in the legislation makes it unlikely to disappear from the congressional agenda, even if the July 4 target is missed.

Advertisement

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Advertisement

Source link

Continue Reading

Crypto World

Blockchain Association Takes BRCA Preservation Fight to the Senate Floor

Published

on

Blockchain Association Takes BRCA Preservation Fight to the Senate Floor


The Blockchain Association brought member executives to Capitol Hill this week and reported meeting with more than half the Senate, pressing lawmakers to preserve a key developer-protection provision of the Digital Asset Market CLARITY Act before an August recess deadline tightens the floor-vote… Read the full story at The Defiant

Source link

Continue Reading

Trending

Copyright © 2025