acum 1 zile
Onchain Trader 'Evaded' Closes HYPE, ZEC, ETH Longs for $4.6M, Opens $74.84M BTC Short
Pseudonymous onchain trader 'Evaded' reportedly closed long positions in HYPE, ZEC, and ETH, realizing a combined $4.6 million profit. The trader then opened a 990 BTC short on Hyperliquid valued at about $74.84 million, which later showed $783,000 in unrealized gains at the time it was flagged. The positioning comes as bitcoin faced pressure amid $209 million in long liquidations and continued U.S. spot BTC ETF outflows.
HYPE
HYPE+4.83%
acum 1 zile
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SEC Approves Nasdaq’s Cash-Settled QBTC Bitcoin Index Options; CFTC Relief Still Needed
The U.S. SEC has cleared Nasdaq to list European-style, cash-settled bitcoin index options on the Philadelphia Stock Exchange under ticker QBTC, offering regulated BTC price exposure without holding bitcoin. The contracts reference the Nasdaq Bitcoin Index and feature a 24,000-contract position limit per side with $0.01 minimum ticks. Trading cannot start until the CFTC grants exemptive relief, and no timeline has been disclosed.
BTC
BTC+0.50%
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acum 2 zile
ARMA Bill Seeks to Put US Strategic Bitcoin Reserve Into Law With 20-Year Hold and 1M BTC Target
More than a dozen bipartisan U.S. House members introduced the American Reserve Modernization Act of 2026 (ARMA) on May 21 to codify a federal Strategic Bitcoin Reserve. The proposal would require any BTC acquired for the reserve to be held for at least 20 years and would authorize the Treasury to buy up to 200,000 BTC per year for five years, aiming for 1 million BTC. It also includes audit-and-reporting requirements and a clause protecting lawful self-custody and transfers.
BTC
BTC+0.50%
acum 2 zile
acum 2 zile
Polymarket Names Japan Representative, Aims for Regulatory Approval by 2030
Polymarket is preparing a push into Japan by appointing Mike Eidlin as its local representative and starting a lobbying campaign, with the goal of receiving authorization to run prediction markets by 2030. The platform reported its first $10 billion monthly trading volume in March 2026 and said it reached 678,342 unique users in April as it rolls out updates such as Polymarket USD.
TUSD
TUSD+0.01%
acum 2 zile