trading

According to Barron's, the prediction market platform Kalshi announced a partnership with compliance service provider StarCompliance to provide financial institutions with real-time monitoring of employee prediction market trading. Under the partnership arrangement, institutions using the StarCompliance system can require employees to link their Kalshi accounts to monitor trading behavior and identify suspicious activities.This move aims to address financial institutions' compliance concerns regarding employees potentially using material non-public information to participate in prediction market trading, while also enhancing Kalshi's credibility among institutional clients such as banks and hedge funds. Reports indicate that the two parties may also expand to stricter compliance measures such as pre-trade approval in the future.

The Kanoo family heir Abdulla Kanoo is pushing to migrate a cross-border trade market worth approximately $60 trillion to blockchain infrastructure. Currently, cross-border payments still heavily rely on traditional correspondent banking systems, resulting in long settlement cycles, limited liquidity, and uneven access to US dollars.Kanoo stated that ARP Digital, a digital asset infrastructure company he co-founded, is building a settlement network aimed at facilitating the flow of funds between emerging economies, with the goal of reducing cross-border payment costs and reliance on intermediaries, and accelerating trade financing in the "Global South." According to his estimates, trade between emerging markets will exceed $60 trillion by 2024, accounting for about a quarter of global trade, and is expected to grow to $32 trillion by 2030.

OKX will launch GRAM/USDⓈ spot trading on June 17 at 19:00 to support the development of the USDⓈ ecosystem and meet users' diverse trading needs.

According to the market data from the Gate platform, SPCX (SpaceX) reached a high of $225.44 in the last 24 hours, currently priced at $203.97, with a 24-hour decline of 4.09%; SNDK (SanDisk) reached a high of $2,163.99 in the last 24 hours, currently priced at $2,038.26, with a 24-hour decline of 2.85%. According to CoinGlass data, the 24-hour contract trading volume for Gate SPCX (SpaceX) reached $159 million; the 4-hour contract trading volume for Gate SNDK (SanDisk) was $20.5624 million, both ranking among the industry leaders.In addition, the second session of the Gate Live stock series public class will start broadcasting on June 17 at 16:00 (UTC+8), with the theme "3 Steps to Complete Your First Stock Trade." This session will focus on the practical process of stock trading, introducing fund transfers, selection of trading targets, in-market ordering processes, and fee rules, helping users quickly understand how to complete their first stock trade.Previously, Gate Direct to IPO completed the distribution of SPCX shares and officially opened trading on June 12, allowing users to participate in SPCX trading directly through the Gate stock area and seize investment opportunities in popular targets.

According to Cryptonomist, the perpetual contract products of the prediction market platform Kalshi have been online for only two weeks, with a cumulative trading volume exceeding $5.5 billion.Data shows that the platform's daily trading volume has exceeded $1 billion for three consecutive days. Major sporting events such as the FIFA World Cup and the NBA Finals have significantly driven the surge in trading volume.Currently, Kalshi has launched 11 crypto-related perpetual contracts, and Kalshi co-founder Tarek Mansour stated that there are plans to expand the perpetual contract products to other asset classes beyond crypto in the future.

According to official news, Coinbase's Layer 2 network Base has announced the launch of the enterprise-level privacy trading feature Base Privacy, providing a combination of on-chain instant settlement, confidentiality, and built-in compliance functions for enterprises.This feature supports B2B payments, payroll distribution, fund management, stablecoin issuance, cross-border remittances, and brokerage settlement, ensuring compliance while maintaining transaction privacy. Base Ledgers can be fully integrated with other parts of the Base ecosystem and can be configured according to enterprise needs.

RetoSwap disclosed on platform X that the team received a report at 2:02 AM (Beijing time) today that the Haveno trading protocol was under attack. They immediately set the minimum client version to 2.0 through the filter function and suspended trading, as well as banned the attacker's onion address. RetoSwap stated that the team was not attacked, and the vulnerability lies at the Haveno protocol level. The losses seem to be limited to large cryptocurrency asset orders, and fiat currency traders were not affected. The team is evaluating plans to assist affected traders in recovery. Trading will resume after the protocol is fixed.Previously, on May 21, it was reported that RetoSwap lost approximately $2.7 million due to vulnerabilities in the Haveno protocol.

According to The Block, the activities of Pump.fun, the meme coin launch platform that once dominated Solana, have continued to deteriorate, with token graduation rates, revenue, and network fees all significantly declining. The 7-day average token graduation rate for Pump.fun dropped to 0.26% last week, an 80% decrease over three months. Daily revenue is only about $800,000, far below the $4.8 million from six months ago. The PUMP token has fallen 40% in the past six months. The decline of Pump.fun has affected the Solana network, with daily fees on the Solana network dropping to 5,300 SOL, well below the 33,000 SOL in January. Analysts believe that a large amount of capital that previously participated in Solana meme coins has shifted to perpetual contract trading on Hyperliquid, consistent with the rapid growth of HIP-3.

Coinbase has released the latest System Update, announcing a series of product upgrades that cover AI investment advisory, global liquidity unification, options trading, and the expansion of multi-asset financial services, further transforming into a comprehensive financial platform. The core features of this update include the SEC-registered AI investment advisor Coinbase Advisor, which can provide personalized multi-asset trading and hedging strategies based on user holdings and market data, but does not execute trades directly. At the same time, the platform will introduce a globally unified liquidity pool, connecting the spot and derivatives trading systems of the U.S. and international markets.In terms of product expansion, Coinbase will support stock and crypto options trading and strengthen its derivatives capabilities through the acquisition of Deribit. Additionally, the company has launched pre-IPO perpetual contracts covering popular targets like SpaceX and plans to expand to future IPO projects such as Anthropic and OpenAI. Coinbase has also introduced the Coinbase One Card upgrade program, where users can stake $500 to $5000 USDC to qualify for a credit card and receive 5% Bitcoin cashback when booking through the Booking.com travel portal. The platform will also gradually support the migration of stock assets to Coinbase trading.On the trading infrastructure level, Coinbase has introduced the Transfer Protection mechanism, which prevents security risks such as wrench attacks through delayed withdrawals, and has expanded its prediction market products, launching crypto price binary options and combination prediction trading with a 15-minute cycle. Coinbase stated that its goal is to build an Everything Exchange covering trading, payments, lending, and investment, making it the primary financial account for users.

Coinbase has released the latest enterprise-level "System Update," introducing a series of new products and infrastructure upgrades, further expanding its positioning towards "Everything Exchange," covering crypto assets, stocks, options, perpetual contracts, prediction markets, token issuance, and smart financial services.This update includes a set of AI investment advisor systems registered with the SEC, integrated into the main Coinbase trading platform. Coinbase also announced the establishment of global unified liquidity between the U.S. and international platforms, covering spot crypto assets and derivatives trading to enhance trading depth and execution efficiency.On the consumer side, the Coinbase One Card has added new benefits, allowing users to stake 500 to 5000 USDC to obtain the card, and book travel through the Travel Portal launched in partnership with Booking.com, earning 5% Bitcoin cashback.In addition, Coinbase emphasized several trading products that have recently launched or are in progress, including thematic stock indices, pre-IPO perpetual contracts, new features related to options trading, and upgrades to the developer platform. Coinbase stated that its goal is to become a one-stop application for users to conduct multi-asset trading and smart financial management.

According to The Kobeissi Letter, the SpaceX IPO has significantly driven the explosive growth of on-chain tokenized stock trading volume. Data shows that the cumulative transfer trading volume of on-chain tokenized stocks has surpassed $20 billion for the first time.In the past 30 days, the transaction volume reached $4.3 billion, setting a new historical high with a year-on-year growth of over 140%. After the launch of SpaceX tokenized stock ($SPCX) on June 15, the daily spot trading volume on Solana exceeded $100 million for the first time, reaching a network share of 99% at one point, with Jupiter becoming the platform with the largest trading volume for this asset.

According to official data from Gate, the platform's copy trading ecosystem continued to show strong growth last week. The overall trading volume of CFD copy trading increased by 24.4% month-on-month, with copy trading volume increasing by 39%; the daily average number of new copy trading users grew by 25.8%, and the daily average number of new copy traders increased by 36%. Meanwhile, Gate's contract copy trading business maintained rapid development, with the daily average number of new contract copy trading users increasing by 50% month-on-month, and user participation and trading activity continued to rise.As the industry's first platform to launch contract copy trading and CFD contract copy trading services, Gate has built a copy trading ecosystem covering diverse markets such as crypto assets, metals, foreign exchange, indices, commodities, and popular U.S. stocks, and adopts a HWM (High Water Mark) profit-sharing mechanism, allowing copy traders to enjoy a profit-sharing ratio of up to 20%, creating a fairer and more transparent growth environment for copy trading users and professional traders.In addition, the Gate copy trading platform provides multi-dimensional leaderboards for star traders, steady traders, and potential newcomers, supports one-click quick copy trading and flexible parameter configuration, and helps new users grow rapidly through trader live broadcasts and community activities, continuously practicing the concept of "allowing every user to trade like a professional trader."

Binance will delist the following spot trading pairs on June 19 at 11:00: ADX/BTC, AEVO/USDC, DOT/BNB, KAVA/BTC, and WBTC/ETH. Users can still trade the underlying assets and quoted assets on other trading pairs. Please note that trading bot services will be stopped on the same day, and users are advised to disable related services in advance.

According to Gate market data, Tesla's stock price fell 1.5% in pre-market trading, after rising for three consecutive trading days.

CryptoQuant analyst Darkfost posted on the X platform that the recent pullback of Bitcoin from about $82,000 to below $60,000 has significantly increased speculative activity in the derivatives market. Since the beginning of June, Binance futures daily trading volume has peaked at $39.5 billion and $35.5 billion. In early February, when Bitcoin fell below $60,000, the daily volume exceeded $42 billion. In contrast, Binance spot daily trading volume increased from about $1.5 billion to $4-5 billion, but it is still far below the peak of over $10 billion in early February.Darkfost pointed out that the cumulative trading volume of Binance Bitcoin futures has approached $8 trillion, exceeding the global annual GDP and the valuation of the global real estate market. Although the recent surge in trading activity may have contributed to the formation of a local bottom, a market structure primarily driven by leverage is usually more fragile than one supported by strong spot demand.

According to official news, the Gate stock section will launch on June 16 at 14:00 (UTC+8) with the perpetual contract trading (settled in USDT) for TWLO (Twilio), ROK (Rockwell Automation), CGNX (Cognex), IVV (iShares Core S&P 500 ETF), SOXX (iShares Semiconductor ETF), SMH (VanEck Semiconductor 25 ETF), SPYM (State Street SPDR Portfolio S&P 500 ETF), and VOO (Vanguard S&P 500 ETF), supporting 1-20 times leverage.

UPBIT will launch trading for SPX6900 (SPX) on June 16 at 14:00, supporting KRW, BTC, and USDT markets. Users can start making deposits within 2 hours after the announcement is released. Please pay attention to subsequent announcements for specific trading support times.

According to on-chain analyst Yu Jin (@EmberCN), as SPCX surged to $214 in night trading, the total market capitalization reached $2.8 trillion, and the largest SPCX short address on Hyperliquid has now seen its unrealized loss expand to $4.46 million.This address previously shorted 111,000 shares of SPCX at $173 (approximately $23.75 million), and the current liquidation price is $249.

According to a report by The Block, the first batch of spot HYPE ETFs has been online for about a month, with a cumulative trading volume nearing $900 million and a cumulative net inflow of $153 million. Currently, three institutions have launched regulated HYPE ETFs: 21Shares' THYP, Bitwise's BHYP, and Grayscale's HYPG. Approximately 97% of the trading fees for HYPE are directly transferred to the repurchase fund, creating a direct link between trading volume and token demand. All three ETFs directly hold HYPE and pass on about 2.25% of the annualized staking yield to investors. Currently, about 45% of the qualified supply (approximately 43.4 million HYPE) has been staked. In terms of trading volume distribution, BHYP and THYP dominate, while the later-launched HYPG is still in the capital accumulation phase.