Kalshi has filed with the CFTC to list new perpetual futures contracts tied to major cryptocurrencies including XRP, SOL, ETH, and DOGE, along with others like XLM, SUI, SHIB, and more. This move follows their recent approval for Bitcoin perpetual futures and marks an expansion of regulated crypto derivatives offerings in the US beyond Bitcoin. These contracts, if launched, will allow traders to access popular altcoins through a regulated US platform rather than offshore exchanges, increasing competition with crypto-native and other US regulated venues. This reflects a broader trend of bringing crypto perpetual futures trading onshore, with platforms like Coinbase also entering this space.
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...
Alibaba and Baidu shares rose after Apple received approval from China's Cyberspace Administration to include Apple Intelligence, integrating Alibaba's Qwen AI model and Baidu's AI features into Apple devices in China. This partnership allows users t...
Ondo Finance has introduced the first tokenized stock representations backed by DTCC tokenized entitlements, joining major financial firms in a significant tokenization initiative. This move highlights Ondo's unique position in building infrastructur...
Leading Japanese companies, startups, and research institutions are developing specialized AI models using NVIDIA Nemotron open models to address Japan's unique language, industrial, and workforce challenges. These AI applications range from enterpri...
