Bitnomial is set to launch the first CFTC-regulated spot cryptocurrency exchange.
As of December 1, Crypto In America reports that Bitnomial is poised to become the first U.S. derivatives exchange to offer spot cryptocurrency trading.
The exchange submitted self-certification documents last month under U.S. Commodity Futures Trading Commission (CFTC) Regulation 40.6(a) — a rule that allows Designated Contract Markets (DCMs) to roll out new rules once they demonstrate compliance with the Commodity Exchange Act (CEA) requirements. Bitnomial’s self-certified rules cover the listing of spot products, including retail leveraged spot trading under CEA Section 2(c)(2)(D), enabling customers to trade and finance digital assets directly on the platform. Per documents filed on November 13, the relevant rules officially took effect last Friday, meaning spot trading could launch in the coming days.
1 minutes ago
The Federal Reserve's interest rate cut probability in December is close to 90%, and the market will pay close attention to the "dot plot" to speculate on the interest rate trajectory through 2026.
On Monday, December 1, Federal Reserve Chair Jerome Powell will participate in an event at Stanford University honoring the late George Shultz and deliver a speech. However, he will not address economic issues due to the Fed’s communication blackout ahead of its upcoming policy decision. No official Fed comments are expected until the central bank announces its interest rate decision next Wednesday. Traders currently put the probability of another 25-basis-point rate cut from the Fed at nearly 90%. If the cut materializes, markets will turn to the Fed’s updated "dot plot" for clues about interest rate trajectory in 2026.
1 minutes ago
In November, the total trading volume of Kalshi and Polymarket approached nearly $10 billion.
Update: Kalshi, the prediction market, hit a monthly trading volume record of $5.8 billion in November, per The Block data released December 1. That’s a 32% jump from the prior month.
Additionally, fellow prediction market Polymarket notched its own November record—$3.74 billion in volume, marking a 23.8% rise from October. Combined, the two platforms’ trading volume neared $10 billion last month.
1 minutes ago
BitMine has increased its ETH holdings by 1,075,000 coins in the past 2 months, while the coin's price has dropped by over 30% during the same period.
On December 1, BitMine released data showing it held 2,650,900 ETH as of September 29. Today’s figures put the holding at 3,726,499 ETH—meaning the firm increased its ETH positions by 1,075,599 over the past two months.
Over that same period, ETH’s price has fallen from its October opening price of $4,142 to $2,811 (at time of writing), a 32% drop.
1 minutes ago
BitMine increased its ETH holdings by 96,798 coins last week, while Tom Lee expressed optimism about Ethereum's price performance in December.
On December 1, BitMine announced its total holdings of cryptocurrency, cash and "potential assets" have reached $12.1 billion as of 6:30 PM Eastern Time on November 30.
The asset breakdown includes:
- 3,726,499 Ethereum (ETH)
- 192 Bitcoin (BTC)
- $36 million in equity of Eightco Holdings (NASDAQ: ORBS) (a "potential asset")
- $8.82 billion in unencumbered cash
Thomas "Tom" Lee, Chairman of Fundstrat and BitMine, stated:
"Over the past week, BitMine acquired an additional 96,798 ETH. Looking ahead to December, the Fusaka Upgrade (also called Fulu-Osaka) is set to go live on December 3, bringing upgrades to scalability, security and usability. The Federal Reserve is poised to take key December actions: ending quantitative tightening (QT) and expected to cut interest rates again on December 10. More than seven weeks have passed since the October 10 liquidation event, signaling the crypto market has regained its footing. Taking all this into account, we believe these facto
1 minutes ago
PENDLE has been included in the Bloomberg Galaxy DeFi Index, and its Boros protocol has received recognition from Arthur Hayes.
On December 1st, official sources confirm that PENDLE has been added to the Bloomberg Galaxy DeFi Index.
Additionally, Arthur Hayes noted in his essay *Adapt or Die* that TradFi is fighting to keep its dominant spot in stock trading. Eventually, all stocks—even the entire stock market—will be tokenized, but the success of stock perpetual futures doesn’t depend on waiting for equity tokenization to happen. Daily trading volume for stock perpetual futures has already topped $100 million, and as traders and liquidity providers grow more familiar with contract specs, billions in daily volume are on the horizon.
Stock perpetual futures will emerge as a key tool for institutions and retail investors to hedge weekend risk, which will push major U.S. exchanges to speed up their shift to 24/7 trading. A strong entrepreneurial opportunity lies in building a derivative that lets retail investors speculate on interest rates in an entirely new way—and the Pendle team is focused on this, with
1 minutes ago