CME warns tax rules threaten perpetual futures
CME Group has warned that current US tax rules could create challenges for regulated perpetual futures contracts, according to comments from company executives.
CME Group has warned that current US tax rules could create challenges for regulated perpetual futures contracts, according to comments from company executives.
US spot Bitcoin (CRYPTO:BTC) exchange-traded funds recorded a net inflow of US$8.1 million, ending five straight trading days of net outflows that totalled more than US$500 million.
Quantum Solutions has sold 1,000 Ethereum (CRYPTO:ETH) as it redirects capital towards expanding its artificial intelligence business.
The Canary HBAR ETF held US$47.8 million in assets after its launch on Nasdaq, according to the fund's latest figures.
President Trump says his US-led Board of Peace has reached a deal to disarm Hamas and other armed groups in Gaza and establish a new Palestinian government. Hamas has agreed to the deal. Ian Parmeter, former Australian ambassador to Lebanon & Research Scholar at the Australian National University's Center for Arab and Islamic studies spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on whether President Trump will claim this as a win in his bid to end wars.
The Bank of Japan has kept its rate policy unchanged and nudged its economic growth forecast higher. Officials stop short of confirming an intervention that drove the yen sharply higher. Hiromi Ishihara, Head of equity investment at Amundi Japan told Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa what investors are watching out for.
Situational Awareness, Leopold Aschenbrenner's hedge fund, was forced to sell billions of dollars of technology investments that had rapidly lost value, as nervous banks began to demand more collateral for his trades. Ken Griffin's Citadel hedge fund reached out to Situational Awareness and snapped up the investments at a discount, according to a person familiar with the matter. Bloomberg's Anthony Stephens reports.
JPMorgan said the declining chances of the Clarity Act passing this year could weaken the outlook for the cryptocurrency market.
A big week of earnings results for some of the world's most influential companies has been underscored by the global AI infrastructure buildout, tightening supply chains and ongoing geopolitical uncertainty. The Opening Trade spoke to CEOs and corporate heavy weights to get clarity on their second-half outlook and whether they remain optimistic on returns from their AI investments.
Cardano (CRYPTO:ADA) founder Charles Hoskinson said the upcoming Ouroboros Leios upgrade could increase the blockchain's internal throughput by up to 60 times.
Eole Co., Ltd. has become the first listed Japanese company to add Hyperliquid (CRYPTO:HYPE) to its corporate treasury after making an initial purchase of the token.
The decentralised finance (DeFi) sector lost US$43.4 billion in total value locked during the first half of 2026 as lower cryptocurrency prices weighed on the market.