Binance to Launch STABLEUSDT Perpetual Futures Contract Pre-Trade
On November 6th, as per an official announcement, the Binance Futures platform is set to launch STABLEUSDT perpetual contract trading at 20:00 on November 6, 2025 (UTC+8) during pre-market trading, and the leverage can reach up to 5x.
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Bernstein: Predicts Market is Evolving to a More Broad Information Trading Venue
On November 6th, as per The Block, Bernstein analysts stated that with the regulatory environment becoming more defined, institutional investment making an entry, asset tokenization progressing, and deep integration with retail brokers and the crypto market continuously advancing, prediction platforms are quickening their transformation into information-driven extensive trading venues. This trend is set to drive global liquidity and mainstream adoption growth.
In a report on Thursday, an analyst team led by Gautam Chhugani pointed out that the prediction market is evolving into a "broader information market" and emphasized that market demand has gone far beyond the political and sports fields, expanding into areas such as economics, culture, corporate activities, and financial metrics.
The prediction market enables users to trade "yes/no" type contracts: if the event takes place, they receive $1; if it does not occur, they receive $0. The contract price reflects the market's implied
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OKX will list SAPIEN perpetual contract.
On November 6th, according to the official announcement, OKX will officially launch the SAPIENUSDT perpetual contract at 7:45 PM (UTC+8) on November 6, 2025, on the web, app, and API.
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A trader deposited 7,000,000 USDC into Hyperliquid to short BTC and XRP with 20x leverage.
On November 6th, as per the monitoring of LookOnChain, a trader deposited 7 million USDC into Hyperliquid through a newly established wallet. Subsequently, the trader opened short positions for BTC and XRP with a leverage of 20x.
The details of the positions are as follows:
· 1,129 BTC (approximately $116 million)
· 8,888,888 XRP (approximately $20.35 million)
This trader appears to be a high-risk player and is a user of both Roobet and Stake.
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Coinbase Settles with the Central Bank of Ireland, Will Pay a €21.5 Million Fine
On November 6th, as per official channels, Coinbase Europe Limited has come to a settlement with the Central Bank of Ireland (CBI) in relation to a coding error that had an impact on transaction monitoring in 2021 and 2022. This settlement arises from certain technical coding glitches that Coinbase encountered while monitoring cryptocurrency transactions during those years. The CBI based the fine calculation on Coinbase's annual revenue of 417 million euros for the years 2021 to 2024. Eventually, Coinbase is obligated to pay a fine of 21.5 million euros as part of this settlement.
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Spanish Research Institution Plans to Sell Bitcoin Purchased for $10,000 in 2012, Now Worth Over $10 Million
On November 6th, as per Cointelegraph, a public research institution in Spain is set to sell its holdings of Bitcoin, which are currently valued at over 10 million dollars. These Bitcoins were originally purchased in 2012 as part of a blockchain research project for just 10,000 dollars.
According to the Spanish newspaper El Día, the Renewable Energy and Technology Institute (ITER), affiliated with the Tenerife Island Council, bought 97 Bitcoins more than a decade ago for the purpose of researching blockchain technology. The council is currently in the process of finalizing the plan to sell this holding.
Juan José Martínez, the Commissioner of Innovation Affairs of Tenerife, stated that the council is collaborating with a Spanish financial institution authorized by the Bank of Spain and the National Securities Market Commission to facilitate the completion of this sale. Due to regulatory and volatility risks, the majority of European banks still refrain from processing Bitcoin
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