CFTC Plans Leveraged Crypto Trading as Shorts See $250M Loss
TLDR
- Over $250M in crypto short positions were liquidated in 24 hours.
- Ethereum added $84.9B in stablecoin supply in the last 12 months.
- CFTC plans to launch leveraged spot crypto trading next month.
- Ethereum leads all blockchains in new stablecoin supply growth.
A wave of activity has hit the crypto markets as the U.S. Commodity Futures Trading Commission (CFTC) signaled the potential launch of leveraged spot crypto trading as early as next month. In the last 24 hours, over $250 million in short positions were liquidated. At the same time, Ethereum’s stablecoin supply has grown by $84.9 billion in the past year, showing strong capital inflow into the network.
CFTC Moves Toward Leveraged Spot Trading
The CFTC announced…
