SEC Crypto Task Force holds roundtable on financial surveillance and privacy

Paradex has launched Privacy Perps, a new feature that encrypts trades and account data across all layers, enhancing end-to-end user data privacy in the cryptocurrency space. This initiative aims to provide users with greater security and confidentiality in their transactions.

Ethereum's price dropped 9% in just eight hours, falling to $2,933, as over $670 million in long positions were liquidated during a significant downturn in the cryptocurrency market. This sharp decline highlights the volatility that characterizes the crypto landscape, particularly for leveraged trading strategies.

Trust Wallet has announced the introduction of zero swap gas fees on the Ethereum network, allowing users to perform token swaps without incurring transaction costs. This initiative aims to enhance user experience by eliminating the financial barrier associated with gas fees during swaps.

MetaMask has introduced Bitcoin support, allowing users to buy, swap, and transfer BTC directly within the wallet using various payment methods. This enhancement marks a significant expansion of MetaMask's functionality in the cryptocurrency space.

CME Group has expanded its cryptocurrency derivatives offerings by launching spot-quoted futures for XRP and SOL, providing new trading options and enhancing market access for investors. This move marks a significant step in the company's efforts to broaden its crypto product range.

Bitcoin's price has fallen below $87,000, resulting in the liquidation of approximately $200 million in long positions within just one hour, highlighting the extreme volatility in the cryptocurrency market. This rapid decline reflects ongoing bearish sentiment as traders react to market pressures.

Bitwise has updated its filing for the Hyperliquid ETF to include the BHYP ticker and associated fees, signaling its readiness to launch this new investment vehicle. This development comes amid increasing investor interest in diversified cryptocurrency options, reflecting a shift in market dynamics.

BitMine, co-founded by Tom Lee, has significantly increased its Ethereum holdings by adding over 100,000 ETH, bringing its total to nearly 4 million ETH. This acquisition reflects a strategic move to bolster its treasury amidst fluctuating market conditions.