CME Group introduces the Basis Trade at Index Close (BTIC) tool for Bitcoin futures, enabling institutional traders to lock in spreads against regulated reference rates as contracts near expiration. This tool, adapted from equity index futures trading, helps manage basis risk by linking futures execution to the CME CF Bitcoin Reference Rate and operates across London, New York, and APAC sessions. BTIC improves precision for portfolio managers tracking the Bitcoin benchmark and offers real-time insights into market sentiment and funding costs. Its launch signals growing institutional maturity and liquidity in crypto derivatives markets.
Nvidia's stock surged 7.56% following its earnings report that beat Wall Street expectations, with revenue of $96.22 billion surpassing the $92.17 billion forecast and EPS at $2.22 beating the $2.10 estimate. The company also projected a robust 70% g...
DeFi Development Corp introduced the State of Solana, a free dashboard that monitors Solana's price, staking yields, validator data, and network activity to provide a broader view beyond token price. The company holds over 2.29 million SOL tokens, wo...
Manpreet Kohli, CEO of Saitama, lost his UK court challenge against extradition to the US where he faces charges of wire fraud and cryptocurrency market manipulation involving a token once valued at $7.5 billion. US prosecutors allege Kohli secretly ...
Shares of Alien Metals Ltd rose 4% following diamond drilling results from the Elizabeth Hill Silver Project in Western Australia, reported by joint venture partner West Coast Silver. The drilling revealed a remarkable 38.3 meters grading 878 grams p...
Chainlink has introduced price feeds for four Coinbase tokenized stocks—Nvidia, Meta, Apple, and Alphabet—on the Base blockchain. These feeds allow decentralized finance (DeFi) protocols like Aave, Morpho, and Euler to use these tokens as collateral ...
