Hong Kong embraces crypto derivatives

The SFC will allow professional investors to trade crypto derivatives — a major policy shift.

In Q1 alone, derivatives volume hit $21T, dwarfing $4.6T in spot trading (TokenInsight).

$263M in long liquidations in just one hour

Total liquidations reached $268.9M in the past hour, with $263M from long positions.

Over the last 4 hours, total liquidations amounted to $399.6M.

The end

Here are notable crypto projects that launched without venture capital — no private rounds, no presales:

• Bitcoin ($BTC) — $2.09T. Created by Satoshi Nakamoto in 2009. No funding, no presale.
• Dogecoin ($DOGE) — $29B. Launched in 2013 as a meme. No ICO, no investors — just a joke that made history.
• Hyperliquid ($HYPE) — $12B. Perpetuals DEX. Fully VC-free launch.
• Bitcoin Cash ($BCH) — $8B. A Bitcoin fork driven by miners and the community, no external investors.
• Monero ($XMR) — $6.5B. Privacy coin that started as a fork. No premine, no funding.
• Litecoin ($LTC) — $6B. Created by Charlie Lee in 2011. A clean, investment-free launch.
• Kaspa ($KAS) — $2.35B. Combines PoW with DAG architecture. No VC, no premine.
• Ravencoin ($RVN) — $171M. Token issuance network. Fair-mined from day one, no ICO.
• Nano ($XNO) — $127M. Formerly RaiBlocks. Ultra-fast payments, no external funding.
• Hive ($HIVE) — $116M. A community fork of Steem after a hostile takeover. Fully grassroots.

Trump already has his own token.

Now the community is calling on Musk to join the PvP — and launch his own.

Pump.fun hints: the timing is perfect, and this could be the funniest launch in history.

Trader bets $2M on ETH to pump 30% by June end

A bold whale just bought 61,000 ETH call options at $3,200 and $3,400 strike prices on Deribit — worth around $2M in premiums.

Does this whale know something we don’t?

Metaplanet plans to raise $5.4B to buy more Bitcoin

The Japanese firm aims to hold over 210,000 BTC by 2027.
Currently, it holds 8,888 BTC on its balance sheet.

Trump Media registers up to $12B in new securities

The pro-Bitcoin company filed an S-3, signaling plans to potentially raise billions — likely for expansion, operations, or treasury strategies.

X partners with Polymarket

Polymarket becomes X’s official prediction market partner.
It doesn’t have its own token, but relies partly on $UMA for outcome verification.
$UMA spiked instantly on the news.

Trump and Musk are no longer on good terms, and the market reacted.

The Coinbase Prime Index turned negative, meaning big US investors and whales are now more bearish.

Japan just passed major crypto reforms

After a local $305M hack and rising risks from overseas exchange failures, a new law now requires exchanges to keep user assets domestic, tightens AML rules, allows in-app crypto use, and updates stablecoin regulations.

Deutsche Bank dives deeper into crypto

Germany’s biggest lender is now exploring stablecoins and tokenized deposits — another sign that major banks are warming up to digital assets.