Invest ideasNews
10 Jun 2026, 03:15
Kalshi crypto perpetual futures hit $1B in volume one week after launch
BitcoinWorld Kalshi crypto perpetual futures hit $1B in volume one week after launch U.S. prediction market platform Kalshi has surpassed $1 billion in notional trading volume for its crypto perpetual futures product just one week after launch, according to a report from Crypto Briefing. The product recorded over $100 million in volume within its first 24 hours, making it the fastest-growing offering in the company’s history. Fastest product launch in Kalshi history The milestone comes after the U.S. Commodity Futures Trading Commission (CFTC) granted approval last month for Kalshi to offer Bitcoin perpetual futures. The platform officially launched the product on June 3. The rapid adoption signals strong demand among U.S. traders for regulated crypto derivatives, a market segment that has historically been dominated by offshore exchanges. Regulatory context and market implications Kalshi’s entry into crypto perpetual futures represents a significant shift in the U.S. regulatory landscape. The CFTC’s approval allows a regulated exchange to offer leveraged crypto products directly to retail investors, a move that could reshape competition in the derivatives market. Unlike traditional futures, perpetual contracts have no expiration date, making them popular among active traders. Why this matters to traders For U.S.-based traders, Kalshi’s product provides a compliant alternative to offshore platforms that often operate in regulatory gray areas. The transparency and oversight of a CFTC-regulated exchange may attract institutional participants who have been cautious about entering the crypto derivatives space. The volume milestone also suggests that retail demand for regulated crypto exposure remains strong despite broader market volatility. Conclusion Kalshi’s $1 billion volume milestone in its first week underscores the pent-up demand for regulated crypto perpetual futures in the U.S. market. As the platform continues to expand its offerings, its performance will be closely watched as a bellwether for the viability of regulated crypto derivatives onshore. FAQs Q1: What are crypto perpetual futures? A1: Crypto perpetual futures are derivative contracts that allow traders to speculate on the price of a cryptocurrency without an expiration date. They use a funding rate mechanism to keep the contract price close to the spot price. Q2: Why is CFTC approval significant for Kalshi? A2: CFTC approval allows Kalshi to offer these products to U.S. retail investors under federal oversight, providing a regulated alternative to offshore exchanges that may not comply with U.S. laws. Q3: How does Kalshi’s volume compare to other platforms? A3: While $1 billion in notional volume is notable for a new product, it remains small compared to major offshore exchanges like Binance or Bybit, which handle billions in daily perpetual futures volume. However, Kalshi’s growth rate is exceptional for a regulated U.S. platform. This post Kalshi crypto perpetual futures hit $1B in volume one week after launch first appeared on BitcoinWorld .
10 Jun 2026, 03:13
Bitcoin Price Back Under Pressure After Recovery Hopes Fade
Bitcoin price started a downside correction from the $64,600 zone. BTC is showing bearish signs and might continue lower below $61,200. Bitcoin failed to stay above $64,000 and extended losses. The price is trading below $62,800 and the 100 hourly simple moving average. There was a break below a bullish trend line with support at $62,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might extend losses if it stays below the $62,500 and $62,200 levels. Bitcoin Price Dips Again Bitcoin price failed to clear the $64,500 resistance zone. BTC started a downside correction and declined below the key support at $63,500 to enter a bearish zone. There was a move below the 50% Fib retracement level of the upward move from the $59,070 swing low to the $64,613 high. Besides, there was a break below a bullish trend line with support at $62,500 on the hourly chart of the BTC/USD pair. Bitcoin is now trading below $62,500 and the 100 hourly simple moving average . If the price remains stable above $61,500, it could attempt a fresh increase. Immediate resistance is near the $62,000 level. The first key resistance is near the $62,200 level. A close above the $62,200 resistance might send the price further higher. In the stated case, the price could rise and test the $64,000 resistance. The next resistance could be near the $64,500 level. Any more gains might send the price toward the $66,000 level. The main hurdle for the bulls could be $66,500. Downside Extension In BTC? If Bitcoin fails to rise above the $62,500 resistance zone, it could start another decline. Immediate support is near the $61,200 level or the 61.8% Fib retracement level of the upward move from the $59,070 swing low to the $64,613 high. The first major support is near the $60,950 level. The next support is now near the $60,200 zone. Any more losses might send the price toward the $59,000 support in the near term. The main support now sits at $58,500, below which BTC might struggle to recover in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $61,200, followed by $60,200. Major Resistance Levels – $62,500 and $64,000.
10 Jun 2026, 03:06
enish Dumps All 8 BTC for SOL Treasury Push as Solana Institute Defends CLARITY Act
Solana News Tokyo Stock Exchange-listed game developer enish has liquidated its entire Bitcoin position, selling 8.063 BTC for roughly 79.27 million yen and booking a loss of about 6.22 million yen...
10 Jun 2026, 03:01
Bitcoin Below $62K: enish Sells All BTC, ETF Outflows Hit $2.43B, Circle Debuts cirBTC
Bitcoin News A weekly market report from asset manager Bitwise framed Bitcoin as a macroeconomic "canary in the coal mine," arguing that the asset's rapid reaction to shifting liquidity makes it an...
10 Jun 2026, 02:45
Bitcoin Steadies Near $61K as ETF Outflows Top $2.97B, Strategy Sells BTC
Bitcoin News Bitcoin slid beneath the $60,000 threshold before steadying in a $62,000 to $63,000 band, trading near $61,100 on June 9 after a brutal week that erased roughly 10% of its value. Heigh...
10 Jun 2026, 02:45
Bitcoin Has Entered an Undervalued Range, Grayscale Research Suggests
BitcoinWorld Bitcoin Has Entered an Undervalued Range, Grayscale Research Suggests Bitcoin may have entered a zone that historically signals undervaluation, according to a new analysis from Grayscale Investments. Zach Pandl, the firm’s head of research, stated that on-chain valuation metrics now suggest BTC is trading at levels that have previously preceded periods of price recovery. However, he cautioned that the current discount is not as deep as the extremes seen at the bottom of prior market cycles. On-Chain Metrics Signal a Shift Pandl’s analysis focuses on key on-chain indicators such as the MVRV Z-Score and the realized price, which compare Bitcoin’s market value to its realized value. These metrics have historically identified periods when the asset was significantly overvalued or undervalued. According to Grayscale, the current readings place Bitcoin in a range that has historically offered favorable risk-reward profiles for long-term holders, though not at the ‘capitulation’ levels of 2018 or 2022. Why This Cycle May Be Different Pandl suggested that the current bear market could be milder than previous downturns. He attributed this to two primary factors: the relatively smaller gains of the last bull run, which may have prevented the formation of a massive speculative bubble, and an improved market structure. The expansion of spot Bitcoin ETFs in the United States and increased participation from institutional investors have provided a more resilient demand base, potentially softening the downside. Key Short-Term Variables to Watch Despite the optimistic long-term outlook, Pandl highlighted several near-term risks. The progress of the CLARITY Act, a piece of U.S. legislation aimed at providing clearer regulatory guidelines for digital assets, remains a critical variable. Additionally, the financial health of leveraged Bitcoin investors is under scrutiny. A wave of forced liquidations among over-leveraged positions could introduce temporary selling pressure, even within an otherwise undervalued market. Implications for Long-Term Investors For investors with a multi-year horizon, the current price level may represent a strategic opportunity. Pandl advised that staged accumulation, rather than a single large purchase, could be a prudent approach given the uncertainty around short-term catalysts. This strategy allows investors to average into a position while maintaining flexibility to react to market-moving events such as regulatory developments or macroeconomic shifts. Conclusion Grayscale’s analysis provides a data-driven perspective on Bitcoin’s current valuation, suggesting that while the asset is not at a generational bottom, it has entered a historically attractive range. The combination of on-chain signals, a maturing market structure, and evolving regulation makes this a pivotal moment for the asset class. However, investors should remain aware of the short-term risks posed by leverage and legislative uncertainty. FAQs Q1: What on-chain metrics did Grayscale use to determine Bitcoin is undervalued? Grayscale primarily used the MVRV Z-Score and realized price, which compare Bitcoin’s current market capitalization to its realized capitalization (the value of all coins at the price they last moved). These metrics have historically identified market tops and bottoms. Q2: Is this a good time to buy Bitcoin? Grayscale’s analysis suggests the current range may be favorable for long-term investors, but it is not as deeply undervalued as prior cycle bottoms. A staged accumulation strategy is recommended to manage short-term volatility and uncertainty. Q3: What is the CLARITY Act and why does it matter for Bitcoin? The CLARITY Act is proposed U.S. legislation designed to provide clearer regulatory guidelines for digital assets. Its passage could reduce legal uncertainty for institutions, potentially increasing investment demand. Delays or failure to pass could create headwinds for the market. This post Bitcoin Has Entered an Undervalued Range, Grayscale Research Suggests first appeared on BitcoinWorld .
