A Chinese court yesterday ruled Futures trading on exchanges is illegal gambling and against Chinese anti-gambling laws.  The Court reacted to a Chinese exchange BKEX 1000 leverage which it called inappropriate and used to promote bets on Price movements.  Employees and external promoters working with the exchange were prosecuted by the court. They were eventually…

Matt Hougan from Bitwise predicts Trump’s crypto order will drive Bitcoin above $200K by 2025 with more institutional support.

CME Group and Robinhood announced the launch of futures trading on Robinhood’s mobile app, enabling U.S. retail investors to trade derivatives tied to equities, cryptocurrencies, commodities, and foreign exchange. The rollout, which began January 29, includes Bitcoin Friday futures (BFF) and Ether contracts, alongside products linked to major indices like the S&P 500 and commodities such…

Trump Media & Technology Group Corp. (Nasdaq: DJT) (“TMTG”) has announced its expansion into financial services and fintech with the launch of Truth.Fi, a new investment platform focused on “America-First” principles. Notably, the company’s board of directors has approved a strategy to develop multiple investment vehicles, including separately managed accounts (SMAs), exchange-traded funds (ETFs), and potential…

Phantom wallet integrates Sui blockchain, powered by the Move language, expanding its multichain ecosystem.

Bitwise Investment made the first step in a proposed Dogecoin Exchange Traded Funds launch by filing an S-1 form to the Securities and Exchange Commission.  The Asset managers who already offer Bitcoin and Ethereum ETFs are looking to get into memecoins ETFs too.  The development was revealed by James Seyyfart, Bloomberg’s ETF Analyst and top…

Crypto.com, a leading crypto exchange, announced it is suspending Tether USDT and Paypal’s PYUSD from its platform following MiCA law on digital assets.  The suspension of the stablecoins takes effect on January 31st with other digital assets like Crypto.com Staked ETH and Crypto.com Staked SOL.  The crypto exchange platform deemed the digital assets unauthorized according…