Kalshi has expanded its lineup of CFTC-regulated crypto perpetual contracts to 13 digital assets by adding Zcash, Near Protocol, and Shiba Inu, alongside existing contracts like Dogecoin and Bitcoin. These contracts, which do not expire and offer leverage up to 2.6x, reflect growing interest in perpetual trading products in both crypto and traditional finance markets. However, Kalshi faces ongoing legal scrutiny, including a lawsuit from CME Group challenging the CFTC's approval of such contracts and a federal case involving Kentucky over market oversight. The regulatory debate continues as agencies seek public input on how to classify these derivatives, while traditional firms like CBOE and Charles Schwab explore similar event-driven trading products.
Bitcoin and USD Coin experienced significant net outflows totaling around $760 million combined, while Tether (USDT) recorded notable inflows, indicating a rotation of liquidity rather than a full market exit. This shift reflects traders repositionin...
Zcash has dropped about 15% from its mid-June highs due to lingering concerns over a critical vulnerability in its Orchard shielded pool, which could have allowed undetectable supply inflation. Despite an emergency patch, uncertainty about exploitati...
Bitcoin remains above $62,500 and ether near $1,665, but weak price action and growing bearish derivatives positioning indicate bears control the crypto market. Despite some altcoins like monero and jupiter gaining 2-4%, the lack of a strong bounce a...
Zcash (ZEC) has become the most shorted asset among the top 10 cryptocurrencies following a network breach and price declines. Despite a nearly 20% drop this year and over 37% in the past month, technical analysis shows ZEC still holds long-term supp...
A sharp sell-off in the cryptocurrency market caused over $700 million in liquidations, with Bitcoin falling below $62,000 and wiping out recent gains. Long positions accounted for 80% of the losses, hitting Bitcoin and Ethereum hardest with combined...
