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Hong Kong’s top financial regulator is set to allow professional investors to trade crypto derivatives signaling a major step forward for the city’s virtual asset market. The Securities and Futures Commission plans to expand digital asset offerings according to a report by China Daily.
Crypto derivatives represent a much larger market than traditional spot trading. In the first quarter alone the market recorded $21 trillion in trading volume compared to just $4.6 trillion for spot trades based on data from TokenInsight. This move could unlock massive potential for the city to become a global crypto hub.
Industry leaders have welcomed the decision highlighting the long-standing demand for such regulation. Earlier this year Deribit’s chief commercial officer Jean-David Péquignot said Hong Kong was missing key rules on crypto derivatives. The city has also passed a bill to regulate stablecoins showing its commitment to building a secure and progressive crypto ecosystem.
LOS ANGELES, June 04, 2025 (GLOBE NEWSWIRE) — More offline retail inverter community can now participate in the mining economy without the hassle of hardware or technical knowledge using PAIRMiner, a UK-regulated cloud mining platform, as Bitcoin experiences a surge driven by growing institutional adoption and recent approval of spot Bitcoin ETFs.
Founded in 2009, PAIRMiner offers users remote access to hash power for mining Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and other cryptocurrencies. Interest in the platform sharply rose in early June 2025, coinciding with broader market enthusiasm following regulatory breakthroughs that have brought institutional investors more deeply…
Read more on Benzinga
The cryptocurrency market showed mixed signals Tuesday, with major crypto tokens holding key support levels despite a modest pullback in the overall market cap.
CryptocurrencyPrice Gains +/-Bitcoin BTC/USD $104,948.14-1.2%Ethereum ETH/USD $2,627.91-0.2%Solana SOL/USD $155.55-3.2%XRP XRP/USD $2.22-1.8%Dogecoin DOGE/USD $0.1903-3.1%Shiba Inu SHIB/USD $0.00001296-1.9%
Notable Statistics:
IntoTheBlock data shows large transaction volume increasing by 2.4% and daily active addresses growing by 10.9%. Transactions greater than $100,000 are up from 11,499 to 11,969 in a single day. Exchanges netflows are up by 228.7%.
Coinglass data reports 78,590 traders were liquidated in the past… Read more on Benzinga
Bitcoin, and for that matter all blockchains, do not scale. It is a fundamental limitation of blockchain based systems that they are incapable of facilitating transactional use at a truly global scale without completely sacrificing the decentralization and verifiability that make them valuable in the first place.
This has been an existential issue that Bitcoiners have grappled with from the very beginning of Bitcoin. This is a comment from James A. Donald, a Canadian cypherpunk who was the first person to reply to Satoshi’s original post on the cryptography mailing list:
Satoshi Nakamoto wrote:
“The bandwidth might not be as prohibitive as youthink. A typical…
Read more on BitcoinMagazine
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Stablecoin issuer Circle’s expected listing on the New York Stock Exchange tomorrow comes roughly four years after another crypto milestone: Coinbase’s public market debut.
I wrote yesterday about how the apparently solid institutional demand for Circle doesn’t necessarily spell out what will happen once CRCL shares list.
“It’s difficult to predict the precise impact of this listing,” said Fineqia senior associate Matteo Greco. “Back in 2021, there was widespread belief that Coinbase’s stock would soar following its Nasdaq debut. The outcome proved quite…
Read more on Blockworks
JPMorgan Chase & Co. plans to allow its trading and wealth-management clients to use cryptocurrency-linked assets, including spot Bitcoin exchange-traded funds (ETFs), as collateral for loans, according to Bloomberg.
The bank will begin with BlackRock’s iShares Bitcoin Trust (IBIT), and additional ETFs are expected to be added over time. The policy will apply globally, spanning all client segments—from individual retail accounts to investors.
In addition to the lending change, JPMorgan will begin factoring crypto holdings into overall net worth and liquid asset evaluations, placing them on par with stocks, vehicles, or fine art when determining loan eligibility,…
Read more on BitcoinMagazine
The genesis story of BTCPay Server is without a doubt one of the most iconic moments in Bitcoin history. A single developer, feeling betrayed by Bitpay, a bitcoin payments processing giant and its attempt at co-opting Bitcoin, declared economic war on the company in a tweet that will never be forgotten by the Bitcoin industry; “This is lies, my trust in you is broken, I will make you obsolete.”
Nicolas Dorier went on to create one of the most widely distributed open source projects in the Bitcoin industry and perhaps the invoicing and payments industry as a whole: BTCPay Server. Much has been written about the context and motivation behind Dorier’s founding of the project —…
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Hyperliquid has become the dominant venue for onchain perpetuals, leapfrogging dYdX by embracing a radical idea: full transparency. Every resting order is hash-linked to a wallet, whose P&L and liquidation level are visible to the network. This “L4” order book is more granular than TradFi’s L3 venues, which conceal trader identity, positions or leverage levels.
Hyperliquid’s radically transparent market structure has no informational asymmetry between participants — and given its stellar growth, it’s working. But is it optimal?
Jeff Yan, the founder of Hyperliquid Labs, argues…
Read more on Blockworks
JPMorgan is set to allow its trading and wealth clients to use crypto ETFs as collateral for loans marking a major step into the digital asset space. The move will start with BlackRock’s iShares Bitcoin Trust which now manages over 70 billion dollars in assets.
This marks a strategic shift by the banking giant as it begins recognizing crypto-related assets in the same category as traditional ones like stocks or art. Clients will be able to borrow against these ETFs similar to how they leverage other holdings. The bank will also begin factoring crypto into wealth evaluations for loan approvals.
Despite CEO Jamie Dimon’s long-standing skepticism about Bitcoin the bank is moving quickly to capture opportunities in the fast-growing crypto space. The offering will be available to all global wealth clients from retail investors to ultra-wealthy individuals showing JPMorgan is no longer ignoring the rising demand for digital asset integration in traditional finance.