Core Insights - Coinbase has expanded its derivatives offerings by introducing eleven altcoins to its perpetual-style futures, following the earlier launch of Bitcoin and Ether products [1][3][4] Group 1: Expansion of Derivatives - The introduction of perpetual-style futures for altcoins marks a significant step in the normalization of regulated crypto derivatives in the U.S. market [2][7] - The new contracts are designed to replicate perpetual exposure while complying with U.S. derivatives regulations, differentiating them from traditional perpetual contracts [3][7] Group 2: Supported Altcoins - The eleven new altcoins added to Coinbase's perpetual-style derivatives include Avalanche (AVAX), Bitcoin Cash (BCH), Cardano (ADA), Chainlink (LINK), Dogecoin (DOGE), Hedera (HBAR), Litecoin (LTC), Polkadot (DOT), Shiba Inu (SHIB), Sui (SUI), and Stellar (XLM) [4][5][6] - The selection focuses on large-cap, liquid tokens with established trading histories, alongside newer projects and popular memecoins [6] Group 3: Market Implications - Coinbase's perpetual-style futures are accessible to both retail and institutional traders in the U.S., highlighting a shift towards regulated trading environments [2][7] - These futures are listed on Coinbase Derivatives and require access through registered Futures Commission Merchants (FCMs) [7]

The crypto market is up today, with the cryptocurrency market capitalisation increasing by 2.6% to $3.25 trillion. 92 of the top 100 coins have gone up over the past 24 hours. At the same time, the total crypto trading volume is at $147 billion. TLDR: Crypto market cap increased by 2.6% on Wednesday morning (UTC); 92 of the top 100 coins and 9 of the top 10 coins have gone up today; BTC increased by 2.3% to $92,694, and ETH is up by 6.6% to $3,331; The $90,000 level looks like the bottom for now; A consol ...

Core Insights - mF International Limited has successfully closed a private placement, raising $500 million through the issuance of 50 million Class A ordinary shares and pre-funded warrants at a price of $10.00 each [1][3][8] Group 1: Financial Details - The net proceeds from the private placement will primarily be used to advance the Company's digital asset treasury strategy, including the acquisition of Bitcoin Cash (BCH) and other cryptocurrencies, with remaining funds allocated to general corporate purposes [2][4] - The capital raised enhances the Company's financial flexibility to execute a disciplined digital asset treasury strategy focused on optimizing returns and managing risk [3][4] Group 2: Company Overview - mF International Limited is a British Virgin Islands holding company with three operating subsidiaries in Hong Kong, primarily engaged in providing financial trading solutions via SaaS [4] - The Company plans to initiate a digital asset treasury strategy that includes investments in BCH and other digital assets [4]

Core Insights - Bitcoin Cash (BCH) has shown relative strength, rising over 1% in the past 24 hours, challenging a bearish trendline [1] - The cryptocurrency's price increased from $561 to $564, marking a $100 rise since the crash on October 17 [1] - Trading volume surged by 45.8% above the 30-day average, indicating increased market interest [2] Technical Analysis - Strong support is observed in the $551-555 range, while resistance is noted at $570-571 during the European session [5] - The price movement has established a range-bound structure with a total range of $19.75, representing 3.5% volatility [7] - BCH could potentially test the $565-570 resistance zone, with momentum expected to accelerate during the European session [5] Trading Activity - Volume peaked at 86,909 BCH at 14:00 UTC, which is 158% above the session average [7] - Prices reached session highs near $570.88 before facing rejection at the $570-571 resistance zone [7] - The combination of above-average volume and contained price movement suggests a technical setup for potential upward movement, although significant overhead resistance remains [7]

Core Insights - DeFi Technologies Inc. has launched eight new SEK-denominated exchange-traded products (ETPs) through its subsidiary Valour, expanding its offerings to over 75 ETPs and reinforcing its position in the digital asset market [1][2][9] Group 1: New ETP Listings - The newly listed ETPs include Valour Bitcoin Cash (BCH), Valour Unus Sed Leo (LEO), Valour OKB (OKB), Valour Polygon (POL), Valour Algorand (ALGO), Valour Filecoin (FIL), Valour Arbitrum (ARB), and Valour Stacks (STX) [9][10] - These ETPs provide regulated, exchange-traded access to leading blockchain protocols and infrastructure projects, catering to growing investor demand for diversified digital asset exposure [9][14] Group 2: Market Position and Goals - Valour aims to achieve 100 listed ETPs by the end of 2025, with the recent additions solidifying its leadership in the regulated digital asset investment space [14][15] - The company has surpassed 75 ETPs, delivering the broadest lineup of digital asset ETPs across major European exchanges, including Spotlight Stock Market, Börse Frankfurt, and Euronext [14][15] Group 3: Executive Commentary - Johanna Belitz, Head of Nordics at Valour, highlighted the strong demand in the Nordic market for transparent and regulated exposure to digital assets [13] - Elaine Buehler, Head of Product at Valour, emphasized the strategic curation of products that reflect the evolving architecture of Web3, aiming to provide compliant exposure to foundational infrastructure and high-utility ecosystem tokens [13]