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U.S. regulators propose to block CME Group’s application to launch 24-hour oil contracts.

2 hours ago

The U.S. Commodity Futures Trading Commission (CFTC) plans to block Chicago Mercantile Exchange (CME)’s application to quickly launch 24/7 oil contracts, amid concerns that energy markets are not ready for an influx of large volumes of all-day derivatives contracts. CME said in June it planned to offer 24/7 trading for a futures contract tied to West Texas Intermediate (WTI) crude oil, denominated in 10-barrel lots, citing investor demand to manage positions “whenever news breaks.” On Wednesday, CME filed a self-certification application for the new product, which means the CFTC has only one day to intervene before the contract can be listed for trading. According to people familiar with the matter, the CFTC plans to block CME’s self-certification. CFTC Chair Michael Selesinger has met with executives from energy firms including Shell, Vitol, BP and ExxonMobil in recent weeks. Another application CME submitted for the same product, which requires a 45-day review period, is still under regulatory consideration.

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Analysis: Market FUD sentiment toward SOL hits its highest point in 2026, a typical bullish signal.

Crypto research firm Santiment notes that market FUD (Fear, Uncertainty, Doubt) surrounding SOL has hit its highest level in 2026, a development that typically signals a bullish indicator. Currently, Solana is facing a toxic mix of negative sentiment: trading volume has fallen to its lowest level of 2026, while negative comments have just spiked to their highest daily mark this year. Much of the frustration stems from the fact that despite Solana’s strong narrative around tokenized stocks and real-world asset (RWA) activity, its price has failed to deliver meaningful returns for traders. This is where it gets interesting: when sentiment is excessively negative and trading activity is thin, large holders (whales) often encounter less retail selling resistance if they choose to push prices higher. At a time when traders least anticipate a rebound, SOL may be in this low-attention, high-FUD zone, primed for rapid, sharp price fluctuations.

1 minutes ago

MARA Acquires Texas-Based 2000MW Computing Power Campus Project Company for Up to $600 Million

MARA Holdings subsidiary Volt Texas has signed an agreement with HIF USA to acquire a majority stake in MAT 1177 LLC, the entity holding the Texas data infrastructure park project, with the seller retaining only a partial minority stake. The project company holds a letter of intent signed with a power utility, which plans to supply up to 2000 MW of power for the park to build a large-scale digital infrastructure facility supporting high-performance computing and Bitcoin mining. Transaction consideration is paid in milestone-based installments; if all development milestones are completed, the total acquisition amount will reach up to $600 million. Installment obligations will be triggered upon completion of related land acquisition, power access, and subsequent data center lease execution.

1 minutes ago

Hyperliquid Requests CFTC to Formally Recognize That On-Chain Protocols Are Exempt From Registration, And Non-Custodial Wallets Do Not Act As Financial Intermediaries

The Hyperliquid Policy Center has submitted a response to the U.S. Commodity Futures Trading Commission (CFTC)’s request for input on future regulatory directions, calling for formal recognition that on-chain protocols do not need to be registered, non-custodial wallets do not act as financial intermediaries, and a clear path for carrying out regulatory functions on-chain.

1 minutes ago

Alibaba has cumulatively invested around 7.6 billion yuan in Changxin Technology, becoming the industry investor with the largest shareholding stake in the firm.

According to Securities Times, Alibaba has cumulatively invested around 7.6 billion yuan in Changxin Technology, making it the industry investor with the highest shareholding ratio. Per Changxin Technology’s prospectus and public information, the Alibaba group first took a stake in Changxin Technology in December 2021. After dilution from multiple rounds of financing, the stake from this initial investment stood at around 1%. Three and a half years later, in June 2025, the Alibaba group made a large additional investment, raising its pre-IPO stake to around 5%: Alibaba Cloud holds 3.85% and Alibaba Network holds 1.12%. As a result, the Alibaba group’s total cumulative investment in Changxin Technology amounts to approximately 7.6 billion yuan. It is understood that Alibaba Cloud was also one of the largest single investors in the final round of capital increase before Changxin Technology’s listing.

1 minutes ago

A crypto whale has been continuously adding long positions in the Nasdaq 100 index, bringing its position size to $61.5 million.

According to EmberCN’s monitoring, a whale address has been consistently going long on XYZ100 (Nasdaq 100 Index) over the past three hours. Its current position size has swelled to approximately $61.5 million, and it has not halted adding to its position. The address is still continuously purchasing via TWAP (Time-Weighted Average Price) orders, signaling that it is further expanding its Nasdaq 100 long position through batch execution.

1 minutes ago

CFTC Blocks CME’s Plan to Offer 24/7 Oil Futures Trading

According to market sources, the CFTC has blocked CME’s plan to offer 24/7 oil futures trading.

1 minutes ago

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