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Wendy O: CFTC approves U.S. stock perps as Binance resumes more withdrawals

Wendy O: CFTC approves U.S. stock perps as Binance resumes more withdrawals
CFTC OKs U.S. stock perps, Binance opens withdrawals

The U.S. Commodity Futures Trading Commission (CFTC) has approved U.S. stock perpetuals, and Binance has resumed more withdrawals after a hack.

Other developments highlighted by Wendy O include a 15% drop in median top 20 cryptocurrencies, NEAR Intents reaching record monthly revenue, and ONDO Perps achieving $21 billion in volume over four months. Midterm elections are also taking place today.

In recent coverage, Wendy O reported that Richard Heart called PulseChain better than XRP, referencing the founder of HEX, PulseChain, and PulseX’s comparison with other digital assets, as detailed here. Fundstrat’s Tom Lee also argued the crypto bull market had begun, pointing to Ethereum’s 13% pullback being smaller than losses in U.S. semiconductor stocks, as reported here. These earlier observations provide context for the continued volatility across digital assets.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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