CFTC Chair Interprets New Rules: Only Federally Regulated Crypto Trading Platforms May Offer Leverage Trading, But 100x Leverage Will Not Be Permitted

According to on-chain analyst Ai Yi (@ai_9684xtpa), address 0xab9…219e6 opened a 20x long position in GOOGL (Google) 40 minutes ago. It currently holds 50,000 GOOGL units valued at $14.3 million, with an average entry price of $283.01, and has an unrealized profit of $154,000. The address closed its long position in MU just 19 hours ago, earning $1.637 million, pushing its total account profit to over $2.03 million.

According to HTX market data, Bitcoin has broken through $81,000, with a 0.4% increase in the past 24 hours.

Uniswap Labs announced it is opening Token Jar, its former protocol fee management tool, as an open-source utility called TJAR to third-party applications, with Robinhood serving as the first integrated partner. Apps can deposit cross-chain collected fee tokens into Token Jar, where searchers compete to convert them, and the application automatically receives its selected token. Token Jar recorded over $15.3 million in conversion volume in September. For its own operations, Uniswap uses UNI for payments and sends tokens to a burn address; other applications can choose their own receiving token and address. Robinhood has already used TJAR for fees collected via the Uniswap API on its supported chains, converting the fees to USDC and USDG. TJAR is now live on seven blockchains, with developers able to access its code, deployment addresses, and audit reports. The Uniswap DAO can set an optional protocol fee for TJAR, which has not been charged to date. The two parties have a prior collaboration: Uniswap’s trading protocol is deployed on Robinhood Chain, and its web app, wallet, and API also support Robinhood’s stock tokens.

Strategy will release its third-quarter financial results after today’s U.S. stock market close, and hold an online earnings call at 5 p.m. ET (5 a.m. Beijing time). According to a filing it submitted on October 26, the company holds 848,517 Bitcoin, with an average cost of approximately $75,446. At Bitcoin’s current price of around $80,300, it has an unrealized gain of roughly $4 billion on its total investment of about $64 billion, representing an unrealized gain of approximately 6%. In the week ending October 25, Strategy did not add to its Bitcoin holdings, instead spending around $204.9 million to repurchase STRC preferred shares. Separately, in an October 5 filing, Strategy estimated its third-quarter Bitcoin-related revenue at approximately $20.91 billion, calculated based on Bitcoin’s price of roughly $83,500 as of September 30. In addition, Coinbase will also release its financial results after today’s U.S. market close.

Ondo Finance announced its Intelligent Portfolios have launched on Solana for eligible non-US investors. The seven portfolios are offered as single on-chain transferable tokens, covering yield, growth, and thematic exposures. Three of the portfolios are based on strategies developed by BlackRock for Ondo: high-yield BLKHIon, high-growth BLKGRWon, and diversified growth BLKDIGon. The remaining four were designed by Ondo itself: MAG7Xon, BRAINon, YLD5on, and YLD8on. Since their launch roughly four weeks ago, the combined total value locked (TVL) of these portfolios on Ethereum and BNB Chain has exceeded $40 million. Ondo noted that its tokenized assets on Solana have a TVL of over $500 million, with transparent portfolio holdings and programmatic rebalancing, eliminating the need for investors to manage a basket of underlying assets on their own.

Chainlink announced the launch of Chainlink 24/7, a service that delivers round-the-clock market data for traditional assets such as stocks and commodities to on-chain markets, covering weekends and holidays to fill the pricing gap for US equities between Friday evening and Sunday evening, as well as on non-trading days. The service is delivered via Chainlink Data Feeds and Data Streams: during trading hours, it leverages existing 24/5 session data, while after traditional markets close, it aggregates quotes from multiple perpetual contract platforms to form a single continuous price reference. Official launch partner Aave is utilizing the 24/7 Data Feeds for its institutional lending platform Horizon to provide round-the-clock pricing for tokenized real-world asset (RWA) collateral, with initial coverage of high-volume US stocks. Chainlink noted that its 24/5 offering already provides delayed pricing for nearly half of tokenized stocks, supporting the pricing of over $1.6 billion in tokenized stocks across six blockchains for projects including Ondo, xStocks, Robinhood, and Coinbase.