Live Feed

Major exchanges have seen $424 million worth of futures liquidated in the past hour. In the past 24 hours, $844 million worth of futures have been liquidated.

The UK has announced sanctions on crypto service providers Cryptomus, Heleket and TokenSpot as part of a crackdown on alleged Russian sanctions evasion, The Block reported. Among them, TokenSpot transferred more than $950 million to sanctioned exchanges Grinex and Garantex, as well as the Kremlin-backed A7 network, according to the report.

Major exchanges have seen $320 million worth of futures liquidated in the past hour. In the past 24 hours, $741 million worth of futures have been liquidated.

U.S. CFTC Chairman Michael Selig said the regulatory approach toward Bitcoin and cryptocurrencies would remain in place even if Democrats return to power, according to former Bitcoin Magazine editor Pete Rizzo. Rizzo said Selig added that sound rules would stand the test of time.

Major exchanges have seen $180 million worth of futures liquidated in the past hour. In the past 24 hours, $600 million worth of futures have been liquidated.

Securitize Chief Strategy Officer Chongwu Du said tokenized finance will run on several blockchains rather than a single chain. According to Crypto Briefing, Du added, "onchain asset's future is in multichain."

Pyth Network DAO has approved proposal OP-PIP-136 to use 100% of product revenue for token purchases, according to Crypto Briefing. Under the proposal, 100% of eligible revenue generated by Pyth products will be used for open-market token buybacks, and the purchased tokens will be added to the DAO’s PYTH reserves.

The boundary between traditional finance and on-chain finance could eventually disappear, Fidelity Digital Assets head of strategy Matthew Horne said during a panel discussion, according to Crypto Briefing. Horne said the gap between the two could vanish entirely, leaving only finance, and rejected the idea of a competitive dynamic between traditional finance and decentralized finance. Instead, on-chain finance is more likely to absorb traditional finance or be absorbed by it, Horne said, adding that the labels may ultimately stop mattering. He also said institutional assets are moving on-chain at a very fast pace, with the main driver being the opportunity to enter new markets that offer investors better access.

Whale Alert reported that 3,267 BTC has been transferred from an unknown wallet to Coinbase Institutional. The transaction is valued at about $270 million.

Japan’s Finance Ministry held the first meeting of a study group on blockchain-based government bonds and released materials classifying bond tokens into three types, according to local media. The first model involves circulating on a blockchain the beneficiary rights of a money market fund invested in government bonds. The second would keep the existing settlement system while recording the transfer ledger on a blockchain. The third would involve directly issuing a new form of blockchain-based government bond outside the existing system. The ministry said blockchain use in government bonds could improve the efficiency of collateral and liquidity management and broaden the investor base, with particular potential to expand access for overseas investors. It added there are also challenges, including market fragmentation across multiple blockchains and platforms, as well as system transition costs tied to changes in existing financial and payment infrastructure. The classification is provisional rather than a final decision, and the ministry plans to continue discussions and release a report before January next year.

U.S. government-linked addresses transferred 12,267 BTC, Jinse Finance reported. Over the previous two days, U.S. government addresses had transferred more than 6,200 BTC in total to Coinbase Prime.

Whale Alert reported that 3,000 BTC has been transferred from an unknown wallet to Coinbase Institutional. The transaction is valued at about $246 million.

Whale Alert reported that 3,000 BTC has been transferred from an unknown wallet to Coinbase Institutional. The transaction is valued at about $246 million.

Billions of dollars in assets could move on-chain if tokenized U.S. Treasuries and stocks gain wider adoption in the United States, Ka Yan Chan, UBS’ head of digital asset business development, said, according to Cointelegraph. Chan said Treasuries and stocks are core assets in investment portfolios, and for the tokenization market to grow from billions of dollars to the trillion-dollar range, major financial infrastructure institutions such as the Federal Reserve and the Depository Trust & Clearing Corporation, or DTCC, would need to move first on tokenization. Chan added industry firms could then build distribution infrastructure for tokenized assets on that foundation.

Taiwanese singer Jeffrey Huang cut a 4,700 ETH 25x long position, realizing a loss of about $570,000, according to ai_9684xtpa. Huang still holds a 24,500 ETH long position, with unrealized losses widening to about $3.06 million.

Crypto-related stocks were broadly lower in early U.S. trading. Strategy (MSTR) fell 2.95%, while Coinbase (COIN) declined 2.43% and Circle (CRCL) lost 1.31%. Bitmine (BMNR) and SharpLink Gaming (SBET) were also down 2.51% and 2.79%, respectively.

Major exchanges have seen $108 million worth of futures liquidated in the past hour. In the past 24 hours, $449 million worth of futures have been liquidated.

Investment bank TD Cowen has raised its Bitcoin price forecast to $109,000 by the end of 2026 and $280,000 by 2029, The Block reported. It kept its price target for Strategy at $260, however, citing a view that stock dilution would limit gains for MSTR shareholders from rising Bitcoin prices.

According to CoinNess market monitoring, BTC has fallen below $82,000. BTC is trading at $81,994.35 on the Binance USDT market.

The three major U.S. stock indices opened lower today. - S&P 500: -0.37% - Nasdaq: -0.51% - Dow Jones: -0.36%

Polkadot announced the launch of dotUSD, a decentralized stablecoin. dotUSD was introduced in response to concerns that the global stablecoin market is issued and controlled by a small number of companies. The stablecoin uses a structure without a specific issuing company or a single controlling entity. Governance of dotUSD is handled by Polkadot’s DOT DAO through OpenGov.

MN Services Vermogensbeheer BV, the fifth-largest asset manager in the Netherlands, reported holding 42,300 shares of Strategy (MSTR) worth about $6.33 million.

Robinhood announced the addition of XDC.

Oracle project RedStone has launched an oracle on the Ethereum mainnet that lets smart contracts check whether wallet addresses are subject to sanctions before executing transactions, Crypto Briefing reported. The service draws on 463 official sanctions data sources, with flagged addresses integrated into an on-chain registry. The data is collected through OpenSanctions and includes sanctions lists from the U.S. Office of Foreign Assets Control, the European Union, the UK and the UN.

Securitize plans to launch Securitize Stocks, a Solana-based tokenized stock trading service, CoinDesk reported. The initial lineup covers 12 major U.S. companies: Apple, Nvidia, Tesla, Microsoft, Amazon, Alphabet, Meta, Netflix, Circle, Strategy, and Palantir. Trading will take place on Securitize’s existing Solana-based platform, with Jump Trading providing liquidity and settlement in USDC. The company also plans to support trading on the New York Stock Exchange’s proposed 24-hour digital trading platform and OKXICE, a tokenized securities trading platform being developed by ICE, NYSE’s parent, and OKX. Those listings remain subject to the formal launch of the platforms and the fulfillment of regulatory requirements.