According to @AltcoinGordon, the CFTC chair plans to allow stablecoins as collateral in the U.S. derivatives market, a shift that could expand margin options and reduce funding frictions for crypto-linked futures and options, with potential tightening of futures basis and higher open interest in BTC and ETH contracts if implemented. Source: @AltcoinGordon. According to @AltcoinGordon, the post also cites Deutsche Bank as saying Bitcoin could appear on central bank reserve balance sheets within five years, implying a structural demand tailwind that could compress risk premia and support longer-duration positioning in BTC if realized. Source: @AltcoinGordon. According to @AltcoinGordon, traders should monitor CFTC rulemaking updates, DCO collateral eligibility lists, and stablecoin market spreads, and watch CME crypto futures basis, funding rates, and OI for early confirmation signals. Source: @AltcoinGordon.

According to The Kobeissi Letter, Kalshi now controls 7.5% of the US Derivatives Market, marking it as a 'covered' exchange. This significant milestone is attributed to the exchange surpassing $2 billion in trade volume, indicating rapid evolution in prediction markets.