Latest from Cheyenne Ligon
JPMorgan says fading Clarity Act odds weigh on crypto outlook
The bank said deteriorating prospects for U.S. market structure legislation remove a key catalyst for digital assets, even as tokenization and institutional adoption advance.
Institutional crypto trading hits a record 72% as Wall Street calms crypto's wild swings
A new report from market maker Wintermute found that institutions now dominate crypto trading, driving lower volatility, selective altcoin flows and growth in tokenized assets.
Ethereum enters its second decade after a year of upheaval at the foundation
Few periods in Ethereum's 11-year history have brought as much change, from leadership shakeups at the Ethereum Foundation to institutional adoption, as the past year has.
Everything is becoming a perp
The perpetual — the 24/7, leveraged contract that crypto invented and then perfected — is no longer just a way to trade crypto, says Katana Network’s Matthew Fisher. It’s becoming the way to trade everything.
Bitcoin and ether markets are ruled by perps. SpaceX showed how far their influence can go
Perpetual futures drive much of the price discovery for bitcoin and ether. When traders pointed the same machinery at a private company, they priced the biggest IPO in history more accurately than Wall Street, and then watched the stock walk away from them.
As crypto perpetual futures boom, Ethereum’s role is shifting
Rather than competing directly with faster chains, some builders argue Ethereum's strength lies in supporting the layer-2 networks where trading is taking place.
The inside story of how a hike in Hong Kong changed crypto trading forever
"We were a scrappy startup," Delo said of BitMEX back in 2016, when it launched the first perpetual future. "We thought, ‘Just get it out there. If it was any good, the market would show us.’"
About $80 million ZEC crosses into Zcash's new Ironwood pool in the first day
Roughly 5% of the funds in the retired Orchard pool have gone through the turnstile. The rest sit in a pool that can no longer take deposits.
The systemic-risk debate over perpetual futures is aimed at the wrong target
As perpetuals enter regulated markets, critics warn they import systemic risk. But the risk comes from venue design — leverage limits, margin rules, index construction, and default handling — not the contract itself, argues Chris Tyrer, President of Bullish Exchange.
SpaceX is a battleground Solana must win
Perps are a trojan horse to bring all of traditional finance onchain, argues Brian Smith, president of the Jito Foundation.
