🗞️ Need to catch up on the news? Here's our top 10 from today:🔸 The US Senate Banking Committee confirms that it will not hold a crypto market structure markup in 2025, now pushed to early 2026 following bipartisan discussions.🔹 President Trump says he will look into considering a pardon for the co-founder of Samourai Wallet, Keonne Rodriguez.🔸 Nasdaq plans to file with the SEC for 23-hour weekday trading of US stocks, per Reuters.🔹 PayPal applies to become a US bank.🔸 Circle to acquire the Interop Labs tea ...

Crypto things you might have missed:-Small-cap cryptos dumping-CME Group to launch spot-quoted $XRP & $SOL futures-User-friendly gateway to Web3 on Cardano @lace_io-Sub $100,000 #Bitcoin odds on @Polymarket-Trump $18T TarrifsJOIN THE 10:30 AM LIVESTREAM ON YOUTUBE + X ...

⚡️ TODAY: CME Group has launched spot-quoted $XRP and $SOL futures. https://t.co/0Yvo8hRKE9 ...

TODAY: CME Group launches spot-quoted $XRP and $SOL futures ...

CME Group has launched spot-quoted XRP and SOL futures, expanding its spot-quoted crypto lineup beyond Bitcoin and Ether. The new contracts are quoted in spot-market terms, feature longer-dated expiries to reduce roll costs, and are designed to improve accessibility and flexibility for retail traders. https://t.co/xotxUkzzjX ...

Core Insights - CME Group has launched Spot-Quoted XRP and SOL futures, expanding its cryptocurrency offerings alongside existing Spot-Quoted Bitcoin and Ether futures [1][2]. Group 1: Product Launch and Features - The new Spot-Quoted XRP and SOL futures are designed to complement the existing Spot-Quoted Bitcoin and Ether futures, providing investors with the ability to trade futures positions in spot-market terms with longer-dated expiry [2]. - These contracts are aimed at everyday traders, featuring the smallest contract sizes within the Crypto complex, enhancing market accessibility and precision for clients [3]. - Spot-Quoted futures allow traders to maintain positions according to their long-term views or trade in and out more easily without frequent rolling of positions [3]. Group 2: Market Demand and Performance - Since their launch in June, Spot-Quoted Bitcoin and Ether futures have seen strong demand, with over 1.3 million contracts traded [3]. - The average daily volume (ADV) for the launch-to-date stands at 11,300 contracts, with Q4 ADV at 18,400 contracts and December ADV reaching 35,300 contracts [6]. - A record trading day was noted on November 24, with 60,700 combined Spot-Quoted Bitcoin and Ether futures traded [6]. Group 3: Company Overview - CME Group is recognized as the world's leading derivatives marketplace, enabling clients to trade across various asset classes, including cryptocurrencies, and manage risk effectively [4]. - The company operates multiple trading platforms and is a prominent central counterparty clearing provider [4].

Core Insights - CME Group announced the winners of its 22nd annual University Trading Challenge, with Universidad de Monterrey from Mexico taking first place [1][6] - The competition saw record participation, with over 615 teams comprising 1,800 students from 25 countries [1][6] Participation and Competition Details - The challenge lasted four weeks and included teams from 174 universities worldwide [1] - Students engaged in hands-on trading techniques across various asset classes, including agriculture, energy, metals, equity indices, interest rates, and foreign exchange futures [2] Educational Opportunities - The University Trading Challenge provided students with practical experience in trading, utilizing CQG's real-time simulated trading platform and receiving live market updates [2][3] - Participants from the top five teams received cash prizes and were invited to an exclusive market education event [3] CME Group's Educational Initiatives - CME Group offers a range of risk management education through its CME Institute, which includes courses, webinars, and trading simulators [4] - The company collaborates with industry organizations to provide educational resources, such as Futures Fundamentals, to enhance understanding of futures markets [4] CME Group Overview - CME Group is the leading derivatives marketplace, facilitating trading in futures, options, cash, and OTC markets, and providing tools for risk management and opportunity capture [5] - The company operates multiple trading platforms and is a prominent central counterparty clearing provider [5]

cftc pilot goes live q1 2025. btc and eth become collateral for $10 trillion derivatives markets. cme already building the infrastructure. this isn't trading volume that comes and goes. it's collateral that gets posted and stays locked. haircuts start at 50% but improve as dcos get comfortable. every hedge fund holding btc just got handed 50-70% more capital to deploy without selling a single coin. sol didn't make the cut. only btc, eth, and usdc approved. ...

LATEST: 📊 Bitcoin whipsawed between $93,200 and $91,700 after the Fed signaled a higher bar for future easing despite cutting rates, with the CME FedWatch tool showing a 41.7% probability of another cut by March. https://t.co/MGLH3x1Bcf ...

The owner of the data center that serves CME started experiencing technical problems about 12 hours before an outage in its cooling system took down global markets https://t.co/FYifdh2tHb ...