Hot Topics

  • Canada's Parliament approves budget designating Bank of Canada as stablecoin regulator, requiring 1:1 reserves, instant redemptions, and no interest yields.

  • Bitcoin options positioning flips bearish, shifting from $140K calls to leading $80K/$90K puts amid 25% price drop to $91K and year-end caution.

  • Brazil considers extending IOF tax to international crypto transfers to close loopholes and align with OECD's CARF reporting, while keeping 17.5% flat tax on capital gains.

Market Updates

  • Coinbase develops Kalshi-backed prediction markets platform, per tech researcher leak, eyeing economics, sports, and politics expansion.

  • Robinhood unveils 3-phase tokenization plan to disrupt TradFi: Phase 1 launches tokenized stocks in Europe; Phase 2 enables 24/7 trading via Bitstamp; Phase 3 creates permissionless stock tokens for DeFi apps.

  • Hyperliquid unveils HIP-3 “Growth Mode”, slashing fees by 90% to attract new markets and boost trading volume, with zero maker fees and reduced taker fees.