[Two Finch AI agent proposals enter Ethereum ERC review process]
Two AI agent-related standards proposed by the Finch team have been listed in Ethereum’s official ERC repository, Odaily reported. The proposals are ERC-8436, a framework for collective decision-making among agents, and ERC-8444, which covers on-chain Agentic Resource Discovery, or "ARD."
All seven standards proposals led by Finch founder and CEO Gary Yang — ERC-8338, ERC-8414, ERC-8419, ERC-8434, ERC-8436, ERC-8444 and ERC-8447 — have now been assigned ERC numbers. The proposals cover a range of areas including AI agents’ technology and functions, tasks, reliability, identity, collective decision-making, resource discovery and cluster organization.
ERC-8436 and ERC-8444 are now set to undergo review on Ethereum Magicians, an Ethereum community forum. The ERC number assignments and repository listings mean the proposals have entered Ethereum’s formal review system, but do not indicate final standard adoption or implementation across the broader ecosystem.
https://coinness.com/en/news/1172735
Two AI agent-related standards proposed by the Finch team have been listed in Ethereum’s official ERC repository, Odaily reported. The proposals are ERC-8436, a framework for collective decision-making among agents, and ERC-8444, which covers on-chain Agentic Resource Discovery, or "ARD."
All seven standards proposals led by Finch founder and CEO Gary Yang — ERC-8338, ERC-8414, ERC-8419, ERC-8434, ERC-8436, ERC-8444 and ERC-8447 — have now been assigned ERC numbers. The proposals cover a range of areas including AI agents’ technology and functions, tasks, reliability, identity, collective decision-making, resource discovery and cluster organization.
ERC-8436 and ERC-8444 are now set to undergo review on Ethereum Magicians, an Ethereum community forum. The ERC number assignments and repository listings mean the proposals have entered Ethereum’s formal review system, but do not indicate final standard adoption or implementation across the broader ecosystem.
https://coinness.com/en/news/1172735
CoinNess
Two Finch AI agent proposals enter Ethereum ERC review process - CoinNess
Two AI agent-related standards proposed by the Finch team have been listed in Ethereum’s official ERC repository, Odaily reported. The proposals are ERC-8436,...
[Circle shareholder sues Trump and WLFI over crypto deal]
A Circle shareholder has filed a lawsuit against U.S. President Donald Trump and World Liberty Financial, alleging Trump improperly benefited from a crypto transaction worth more than $2 billion tied to UAE investor Sheikh Tahnoon, The Block reported.
According to the complaint, the deal inflated the value of Trump’s crypto holdings and violated a provision of the U.S. Constitution that restricts officials from accepting financial benefits from foreign governments.
https://coinness.com/en/news/1172736
A Circle shareholder has filed a lawsuit against U.S. President Donald Trump and World Liberty Financial, alleging Trump improperly benefited from a crypto transaction worth more than $2 billion tied to UAE investor Sheikh Tahnoon, The Block reported.
According to the complaint, the deal inflated the value of Trump’s crypto holdings and violated a provision of the U.S. Constitution that restricts officials from accepting financial benefits from foreign governments.
https://coinness.com/en/news/1172736
CoinNess
Circle shareholder sues Trump and WLFI over crypto deal - CoinNess
A Circle shareholder has filed a lawsuit against U.S. President Donald Trump and World Liberty Financial, alleging Trump improperly benefited from a crypto tran...
[Malaysia, Thailand join Singapore-led digital money initiative BLOOM]
Bank Negara Malaysia and the Bank of Thailand have joined Singapore’s cross-border digital money initiative BLOOM as participating policy authorities, Cointelegraph reported.
BLOOM stands for “Borderless,” “Liquid,” “Open,” “Online,” and “Multi-currency.” The public-private initiative is designed to help financial institutions use stablecoins and tokenized deposits for cross-border payments, while reducing the burden of building separate settlement and operational systems for each counterparty or market. The goal is to cut costs and speed up the launch of new financial services. Key research areas also include corporate treasury management, trade finance, and payments executed by AI agents within pre-set limits.
The Monetary Authority of Singapore launched BLOOM in October 2025, based on Project Orchid, which explored use cases for a digital Singapore dollar. Participants include Airwallex, Mastercard, Ripple, Visa, and the World Bank Group.
https://coinness.com/en/news/1172737
Bank Negara Malaysia and the Bank of Thailand have joined Singapore’s cross-border digital money initiative BLOOM as participating policy authorities, Cointelegraph reported.
BLOOM stands for “Borderless,” “Liquid,” “Open,” “Online,” and “Multi-currency.” The public-private initiative is designed to help financial institutions use stablecoins and tokenized deposits for cross-border payments, while reducing the burden of building separate settlement and operational systems for each counterparty or market. The goal is to cut costs and speed up the launch of new financial services. Key research areas also include corporate treasury management, trade finance, and payments executed by AI agents within pre-set limits.
The Monetary Authority of Singapore launched BLOOM in October 2025, based on Project Orchid, which explored use cases for a digital Singapore dollar. Participants include Airwallex, Mastercard, Ripple, Visa, and the World Bank Group.
https://coinness.com/en/news/1172737
CoinNess
Malaysia, Thailand join Singapore-led digital money initiative BLOOM - CoinNess
Bank Negara Malaysia and the Bank of Thailand have joined Singapore’s cross-border digital money initiative BLOOM as participating policy authorities, Cointel...
[Anonymous whale moves $415M in BTC]
An anonymous whale moved more than $415 million worth of BTC to exchanges and another address, according to Onchain Lens. Of the total, 949.7 BTC, worth about $77.55 million, was deposited to Binance and Deribit, while the remaining 4,150 BTC, worth about $337.7 million, was transferred to an address owned by the whale. The new address has previously sent funds to exchanges, raising the possibility of additional selling.
https://coinness.com/en/news/1172738
An anonymous whale moved more than $415 million worth of BTC to exchanges and another address, according to Onchain Lens. Of the total, 949.7 BTC, worth about $77.55 million, was deposited to Binance and Deribit, while the remaining 4,150 BTC, worth about $337.7 million, was transferred to an address owned by the whale. The new address has previously sent funds to exchanges, raising the possibility of additional selling.
https://coinness.com/en/news/1172738
CoinNess
Anonymous whale moves $415M in BTC - CoinNess
An anonymous whale moved more than $415 million worth of BTC to exchanges and another address, according to Onchain Lens. Of the total, 949.7 BTC, worth about $...
[Suspected CYS hacker sends $744K in ETH, BNB to Tornado Cash]
A wallet believed to be linked to the CYS hacker transferred 300 ETH worth about $721,140 and 30.4 BNB worth about $22,590 to Tornado Cash, PeckShield reported. Tornado Cash is an Ethereum-based mixing protocol designed to obscure cryptocurrency deposit and withdrawal records, making it difficult to trace transaction histories between senders and recipients.
https://coinness.com/en/news/1172739
A wallet believed to be linked to the CYS hacker transferred 300 ETH worth about $721,140 and 30.4 BNB worth about $22,590 to Tornado Cash, PeckShield reported. Tornado Cash is an Ethereum-based mixing protocol designed to obscure cryptocurrency deposit and withdrawal records, making it difficult to trace transaction histories between senders and recipients.
https://coinness.com/en/news/1172739
CoinNess
Suspected CYS hacker sends $744K in ETH, BNB to Tornado Cash - CoinNess
A wallet believed to be linked to the CYS hacker transferred 300 ETH worth about $721,140 and 30.4 BNB worth about $22,590 to Tornado Cash, PeckShield reported....
[TRON deploys stability-focused GreatVoyage-v4.8.2.4 upgrade]
TRON has deployed the required network upgrade GreatVoyage-v4.8.2.4, focused on improving stability in rare exception scenarios and optimizing smart contract data storage and metadata management. TRON expects the upgrade to reduce the risk of block synchronization disruptions and help maintain stable network performance.
https://coinness.com/en/news/1172740
TRON has deployed the required network upgrade GreatVoyage-v4.8.2.4, focused on improving stability in rare exception scenarios and optimizing smart contract data storage and metadata management. TRON expects the upgrade to reduce the risk of block synchronization disruptions and help maintain stable network performance.
https://coinness.com/en/news/1172740
CoinNess
TRON deploys stability-focused GreatVoyage-v4.8.2.4 upgrade - CoinNess
TRON has deployed the required network upgrade GreatVoyage-v4.8.2.4, focused on improving stability in rare exception scenarios and optimizing smart contract da...
[Smarter Web Company buys 20 more BTC]
UK-listed digital services firm Smarter Web Company has bought an additional 20 BTC worth about $1.63 million, bringing its holdings to 2,850 BTC valued at $323.65 million, according to Bitcoin Treasuries.
https://coinness.com/en/news/1172741
UK-listed digital services firm Smarter Web Company has bought an additional 20 BTC worth about $1.63 million, bringing its holdings to 2,850 BTC valued at $323.65 million, according to Bitcoin Treasuries.
https://coinness.com/en/news/1172741
CoinNess
Smarter Web Company buys 20 more BTC - CoinNess
UK-listed digital services firm Smarter Web Company has bought an additional 20 BTC worth about $1.63 million, bringing its holdings to 2,850 BTC valued at $323...
[New York AG seeks $1.3B from NovaTechFX founders in crypto pyramid fraud case]
New York Attorney General Letitia James said she has asked a court to order NovaTechFx founders Cynthia Petion and Eddy Petion to pay $1.3 billion in damages and disgorgement in connection with a cryptocurrency pyramid fraud case. The couple recruited investors by promising high returns to Haitian immigrants and religious communities.
Investors entrusted more than $1 billion in cryptocurrency to NovaTech between August 2019 and April 2023, but less than $26 million was actually traded on NovaTech’s platform, James said.
Separately, prosecutors said they reached an agreement with four top promoters to recover about $6 million for victim relief and bar them from future securities, commodities, and cryptocurrency activities.
https://coinness.com/en/news/1172742
New York Attorney General Letitia James said she has asked a court to order NovaTechFx founders Cynthia Petion and Eddy Petion to pay $1.3 billion in damages and disgorgement in connection with a cryptocurrency pyramid fraud case. The couple recruited investors by promising high returns to Haitian immigrants and religious communities.
Investors entrusted more than $1 billion in cryptocurrency to NovaTech between August 2019 and April 2023, but less than $26 million was actually traded on NovaTech’s platform, James said.
Separately, prosecutors said they reached an agreement with four top promoters to recover about $6 million for victim relief and bar them from future securities, commodities, and cryptocurrency activities.
https://coinness.com/en/news/1172742
CoinNess
New York AG seeks $1.3B from NovaTechFX founders in crypto pyramid fraud case - CoinNess
New York Attorney General Letitia James said she has asked a court to order NovaTechFx founders Cynthia Petion and Eddy Petion to pay $1.3 billion in damages an...
[NEAR breakout above $5.4 may determine next price direction]
NEAR Protocol could enter a more sustained rebound if it breaks above $5.4, according to a U.Today analysis. The outlet said NEAR’s key resistance stands between $5.4 and $5.6, and a daily close above that range could open the way for a retest of $6.
On the downside, U.Today said support is near $4.8, where short-term moving averages are clustered, and a break below that level could send the token down to $4.3, its 50-day moving average. The outlet added NEAR’s relative strength index had been in overbought territory above 85, but has since fallen to around 50, leaving room for further gains. With trading volume declining, whether NEAR breaks below support or above resistance is likely to determine its next direction.
https://coinness.com/en/news/1172743
NEAR Protocol could enter a more sustained rebound if it breaks above $5.4, according to a U.Today analysis. The outlet said NEAR’s key resistance stands between $5.4 and $5.6, and a daily close above that range could open the way for a retest of $6.
On the downside, U.Today said support is near $4.8, where short-term moving averages are clustered, and a break below that level could send the token down to $4.3, its 50-day moving average. The outlet added NEAR’s relative strength index had been in overbought territory above 85, but has since fallen to around 50, leaving room for further gains. With trading volume declining, whether NEAR breaks below support or above resistance is likely to determine its next direction.
https://coinness.com/en/news/1172743
CoinNess
NEAR breakout above $5.4 may determine next price direction - CoinNess
NEAR Protocol could enter a more sustained rebound if it breaks above $5.4, according to a U.Today analysis. The outlet said NEAR’s key resistance stands betw...
[Billiance to seek removal of crypto, NFT business purposes]
KOSDAQ-listed Billiance plans to remove cryptocurrency issuance, trading and brokerage, along with NFT production and sales, from its business objectives, according to Digital Asset.
Billiance said in a filing yesterday it plans to discuss the matter at an extraordinary shareholders' meeting on Nov. 6. The company is a KOSDAQ-listed entertainment firm engaged in businesses including artist management. It previously pursued an NFT business under the name Blueberry NFT, later became Blade Entertainment, and changed its name to Billiance in 2024.
https://coinness.com/en/news/1172744
See more: https://www.digitalasset.works/news/articleView.html?idxno=43808
KOSDAQ-listed Billiance plans to remove cryptocurrency issuance, trading and brokerage, along with NFT production and sales, from its business objectives, according to Digital Asset.
Billiance said in a filing yesterday it plans to discuss the matter at an extraordinary shareholders' meeting on Nov. 6. The company is a KOSDAQ-listed entertainment firm engaged in businesses including artist management. It previously pursued an NFT business under the name Blueberry NFT, later became Blade Entertainment, and changed its name to Billiance in 2024.
https://coinness.com/en/news/1172744
See more: https://www.digitalasset.works/news/articleView.html?idxno=43808
CoinNess
Billiance to seek removal of crypto, NFT business purposes - CoinNess
KOSDAQ-listed Billiance plans to remove cryptocurrency issuance, trading and brokerage, along with NFT production and sales, from its business objectives, accor...
[Aave V4 launches first institution-operated lending market]
Aave said on its official website that the first lending market operated by an external institution has launched on Aave V4. Institutional DeFi platform Sentora has opened three lending markets on the Ethereum network and will oversee collateral selection and risk management. Users can borrow the stablecoins RLUSD, PYUSD, and OUSD in those markets using cryptocurrencies as collateral.
https://coinness.com/en/news/1172745
Aave said on its official website that the first lending market operated by an external institution has launched on Aave V4. Institutional DeFi platform Sentora has opened three lending markets on the Ethereum network and will oversee collateral selection and risk management. Users can borrow the stablecoins RLUSD, PYUSD, and OUSD in those markets using cryptocurrencies as collateral.
https://coinness.com/en/news/1172745
CoinNess
Aave V4 launches first institution-operated lending market - CoinNess
Aave said on its official website that the first lending market operated by an external institution has launched on Aave V4. Institutional DeFi platform Sentora...
[$228.78M in BTC deposited to Binance]
A total of 2,797.74 BTC worth $228.78 million was deposited to Binance, according to CryptoQuant. The deposit was valued at around 305.8 billion won.
https://coinness.com/en/news/1172746
A total of 2,797.74 BTC worth $228.78 million was deposited to Binance, according to CryptoQuant. The deposit was valued at around 305.8 billion won.
https://coinness.com/en/news/1172746
CoinNess
$228.78M in BTC deposited to Binance - CoinNess
A total of 2,797.74 BTC worth $228.78 million was deposited to Binance, according to CryptoQuant. The deposit was valued at around 305.8 billion won.
[South Korea science minister stresses token economy, blockchain for AI era]
Bae Kyung-hoon, South Korea’s deputy prime minister for science and ICT minister, stressed the importance of a token economy in the AI era and the need to introduce blockchain, Edaily reported.
Speaking during a comprehensive parliamentary audit by the Ministry of Science and ICT on Oct. 23, Bae said an AI-based society should ensure no citizen faces discrimination or excessive concentration of wealth, while promoting economic and social balance through AI. In that context, Bae said the token economy would be important. Bae added that the token economy concept needs to incorporate blockchain and said the government is designing AI for everyone with all such possibilities left open.
https://coinness.com/en/news/1172747
See more: https://n.news.naver.com/mnews/article/018/0006395098?sid=101
Bae Kyung-hoon, South Korea’s deputy prime minister for science and ICT minister, stressed the importance of a token economy in the AI era and the need to introduce blockchain, Edaily reported.
Speaking during a comprehensive parliamentary audit by the Ministry of Science and ICT on Oct. 23, Bae said an AI-based society should ensure no citizen faces discrimination or excessive concentration of wealth, while promoting economic and social balance through AI. In that context, Bae said the token economy would be important. Bae added that the token economy concept needs to incorporate blockchain and said the government is designing AI for everyone with all such possibilities left open.
https://coinness.com/en/news/1172747
See more: https://n.news.naver.com/mnews/article/018/0006395098?sid=101
CoinNess
South Korea science minister stresses token economy, blockchain for AI era - CoinNess
Bae Kyung-hoon, South Korea’s deputy prime minister for science and ICT minister, stressed the importance of a token economy in the AI era and the need to int...
[Bitcoin sees month-long exchange outflows as futures positioning stays balanced]
On-chain analyst Axel Adler Jr. said Bitcoin has logged net exchange outflows for a month, while buying and selling pressure in the futures market remains balanced.
In a blog post, Adler said the 30-day average daily net outflow from exchanges recently stood at 1,500 BTC, down by half from a week earlier. Adler explained the sharp drop in the 30-day average was a calculation effect after a large outflow recorded on Sept. 22 dropped out of the measurement window, rather than a result of rising exchange inflows. In the futures market, Adler said the 30-day average of a positioning index measuring the balance between buying and selling pressure was 0.3, indicating no clear directional bias. Adler added that if exchange net outflows continue and the index remains above zero, buying pressure could strengthen, while the opposite scenario could increase selling pressure.
https://coinness.com/en/news/1172748
On-chain analyst Axel Adler Jr. said Bitcoin has logged net exchange outflows for a month, while buying and selling pressure in the futures market remains balanced.
In a blog post, Adler said the 30-day average daily net outflow from exchanges recently stood at 1,500 BTC, down by half from a week earlier. Adler explained the sharp drop in the 30-day average was a calculation effect after a large outflow recorded on Sept. 22 dropped out of the measurement window, rather than a result of rising exchange inflows. In the futures market, Adler said the 30-day average of a positioning index measuring the balance between buying and selling pressure was 0.3, indicating no clear directional bias. Adler added that if exchange net outflows continue and the index remains above zero, buying pressure could strengthen, while the opposite scenario could increase selling pressure.
https://coinness.com/en/news/1172748
CoinNess
Bitcoin sees month-long exchange outflows as futures positioning stays balanced - CoinNess
On-chain analyst Axel Adler Jr. said Bitcoin has logged net exchange outflows for a month, while buying and selling pressure in the futures market remains balan...
[Marinade says 7.94 million SOL staked as of Q3]
Marinade, a Solana-based liquid staking protocol, announced it had 7.94 million SOL staked as of the third quarter, worth $825 million. That was up 21.2% from the previous quarter. The protocol also said third-quarter revenue came to about $1 million as validator settlement income increased.
https://coinness.com/en/news/1172749
Marinade, a Solana-based liquid staking protocol, announced it had 7.94 million SOL staked as of the third quarter, worth $825 million. That was up 21.2% from the previous quarter. The protocol also said third-quarter revenue came to about $1 million as validator settlement income increased.
https://coinness.com/en/news/1172749
CoinNess
Marinade says 7.94 million SOL staked as of Q3 - CoinNess
Marinade, a Solana-based liquid staking protocol, announced it had 7.94 million SOL staked as of the third quarter, worth $825 million. That was up 21.2% from t...
[Raffles Family Office rolls out wealth services for Asia’s crypto-rich]
Raffles Family Office, a family office firm with operations in Singapore and Hong Kong, is building wealth management services aimed at Asia’s newly wealthy cryptocurrency elite, Fortune reported. The firm said traditional financial systems have limits in accommodating large-scale stablecoin holdings and is offering tailored wealth management services.
Fortune added many of Asia’s emerging billionaires amassed wealth in the technology and cryptocurrency industries, making them younger and more risk-tolerant than traditional wealthy clients in the West. As a result, wealth managers are accelerating revamps of services and products to reflect demand from clients with crypto holdings.
https://coinness.com/en/news/1172750
Raffles Family Office, a family office firm with operations in Singapore and Hong Kong, is building wealth management services aimed at Asia’s newly wealthy cryptocurrency elite, Fortune reported. The firm said traditional financial systems have limits in accommodating large-scale stablecoin holdings and is offering tailored wealth management services.
Fortune added many of Asia’s emerging billionaires amassed wealth in the technology and cryptocurrency industries, making them younger and more risk-tolerant than traditional wealthy clients in the West. As a result, wealth managers are accelerating revamps of services and products to reflect demand from clients with crypto holdings.
https://coinness.com/en/news/1172750
[Ethena USDe to be supported on OKX Wallet, X Layer]
Ethena’s synthetic dollar stablecoin USDe will be supported on OKX Wallet and X Layer, OKX’s Ethereum layer-two network. According to Ethena, USDe can be used on X Layer through the decentralized lending protocol AAVE v3. A looping feature allowing users to repeatedly deposit and borrow USDe on OKX Wallet is also set to be added later.
https://coinness.com/en/news/1172751
Ethena’s synthetic dollar stablecoin USDe will be supported on OKX Wallet and X Layer, OKX’s Ethereum layer-two network. According to Ethena, USDe can be used on X Layer through the decentralized lending protocol AAVE v3. A looping feature allowing users to repeatedly deposit and borrow USDe on OKX Wallet is also set to be added later.
https://coinness.com/en/news/1172751
CoinNess
Ethena USDe to be supported on OKX Wallet, X Layer - CoinNess
Ethena’s synthetic dollar stablecoin USDe will be supported on OKX Wallet and X Layer, OKX’s Ethereum layer-two network. According to Ethena, USDe can be us...
[Crypto, U.S. stocks weaken together as AI credit risks spread: QCP Capital]
AI infrastructure credit risks are spreading, weighing on both U.S. stocks and the crypto market, QCP Capital said in a recent report.
QCP Capital said market concerns over debt-reliant companies are spreading across the broader cloud infrastructure industry. The firm added that fiscal risks in European countries including Germany and France have come into focus, while renewed conflict in the Middle East has sent oil prices to a five-month high, adding to inflation uncertainty.
It also said expectations for a Federal Reserve rate cut in December have weakened, driving flows into safe-haven assets such as U.S. Treasuries. Bitcoin, it added, has yet to break away from its role as a risk asset and is weakening alongside U.S. stocks. QCP Capital said funding risks for AI infrastructure companies and demand for safe-haven assets will be key drivers of price volatility going forward.
https://coinness.com/en/news/1172752
AI infrastructure credit risks are spreading, weighing on both U.S. stocks and the crypto market, QCP Capital said in a recent report.
QCP Capital said market concerns over debt-reliant companies are spreading across the broader cloud infrastructure industry. The firm added that fiscal risks in European countries including Germany and France have come into focus, while renewed conflict in the Middle East has sent oil prices to a five-month high, adding to inflation uncertainty.
It also said expectations for a Federal Reserve rate cut in December have weakened, driving flows into safe-haven assets such as U.S. Treasuries. Bitcoin, it added, has yet to break away from its role as a risk asset and is weakening alongside U.S. stocks. QCP Capital said funding risks for AI infrastructure companies and demand for safe-haven assets will be key drivers of price volatility going forward.
https://coinness.com/en/news/1172752
[Anonymous whale deposits $327M in BTC to Binance, Deribit over 5 hours]
An anonymous whale deposited 4,000 BTC worth $327 million to Binance and Deribit through two addresses over the past five hours, according to Lookonchain. Such exchange deposits are typically interpreted as intended for selling.
https://coinness.com/en/news/1172753
An anonymous whale deposited 4,000 BTC worth $327 million to Binance and Deribit through two addresses over the past five hours, according to Lookonchain. Such exchange deposits are typically interpreted as intended for selling.
https://coinness.com/en/news/1172753
CoinNess
Anonymous whale deposits $327M in BTC to Binance, Deribit over 5 hours - CoinNess
An anonymous whale deposited 4,000 BTC worth $327 million to Binance and Deribit through two addresses over the past five hours, according to Lookonchain. Such ...
[Bloomberg analyst sees pullback risk spreading across commodities after BTC, gold surge]
Bloomberg senior commodity analyst Mike McGlone said sharp run-ups followed by pullbacks in assets including Bitcoin, gold and silver this year could spread to other commodity markets by year-end.
In a post on X, McGlone said prices had surged and then retreated this year in U.S. natural gas, BTC, gold, silver, platinum, palladium, lead, nickel and iron ore. He added corn and copper were the next commodities facing elevated downside risk, and said the trend could affect agricultural and metals markets as well as the broader global economy. McGlone also said U.S. stocks may need to remain resilient to prevent a broader chain of declines across commodity markets.
https://coinness.com/en/news/1172754
Bloomberg senior commodity analyst Mike McGlone said sharp run-ups followed by pullbacks in assets including Bitcoin, gold and silver this year could spread to other commodity markets by year-end.
In a post on X, McGlone said prices had surged and then retreated this year in U.S. natural gas, BTC, gold, silver, platinum, palladium, lead, nickel and iron ore. He added corn and copper were the next commodities facing elevated downside risk, and said the trend could affect agricultural and metals markets as well as the broader global economy. McGlone also said U.S. stocks may need to remain resilient to prevent a broader chain of declines across commodity markets.
https://coinness.com/en/news/1172754
CoinNess
Bloomberg analyst sees pullback risk spreading across commodities after BTC, gold surge - CoinNess
Bloomberg senior commodity analyst Mike McGlone said sharp run-ups followed by pullbacks in assets including Bitcoin, gold and silver this year could spread to ...
[Traditional finance institutions deepen move into crypto derivatives]
Traditional finance institutions are moving decisively into the crypto derivatives market, according to a joint report by Glassnode and quant hedge fund Fasanara Digital. The report included the verbatim English phrase "major exchanges" and said perpetual futures tied to underlying assets such as equities, gold, and crude oil are rising rapidly, while crypto-native perpetual futures are expanding into traditional asset trading. That shift is creating direct competition between major exchanges and conventional futures exchanges and brokerages, the report said, adding the derivatives trend has entered a stage of structural entrenchment rather than simple speculation, although round-the-clock trading conditions and leverage risk management remain essential.
https://coinness.com/en/news/1172755
Traditional finance institutions are moving decisively into the crypto derivatives market, according to a joint report by Glassnode and quant hedge fund Fasanara Digital. The report included the verbatim English phrase "major exchanges" and said perpetual futures tied to underlying assets such as equities, gold, and crude oil are rising rapidly, while crypto-native perpetual futures are expanding into traditional asset trading. That shift is creating direct competition between major exchanges and conventional futures exchanges and brokerages, the report said, adding the derivatives trend has entered a stage of structural entrenchment rather than simple speculation, although round-the-clock trading conditions and leverage risk management remain essential.
https://coinness.com/en/news/1172755
CoinNess
Traditional finance institutions deepen move into crypto derivatives - CoinNess
Traditional finance institutions are moving decisively into the crypto derivatives market, according to a joint report by Glassnode and quant hedge fund Fasanar...