James Wynn has opened another 40x leveraged short position in BTC, and it is once again close to liquidation.

South Korea’s People Power Party (PPP) is taking a clear stand on crypto taxes. The party has now officially adopted a plan to scrap the country’s proposed crypto

The post CME Group to launch options on XRP and SOL futures appeared on BitcoinEthereumNews.com. CME Group will offer options based on the derivative markets on Solana (SOL) and XRP. The new markets will open on October 13, after regulatory approval.  CME Group will expand its crypto products with options on the futures markets of Solana (SOL) and XRP. The futures market will start on October 13, after regulatory review and approval.  The options will allow the trading of MicroSol, XRP, and MicroXRP futures, with expiry dates available every business day, monthly, and quarterly. The new products will be added to the existing BTC and ETH options markets. ‘The launch of these options contracts builds on the significant growth and increasing liquidity we have seen across our suite of Solana and XRP futures,’ said Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products. The options contracts will have two main sizes, tracking the futures contracts. The new market will be suitable for sophisticated institutional traders, as well as active individual traders. The addition of options markets singles out XRP and SOL as liquid enough to offer the potential to bet on a market direction.  The options on futures arrive a few months after the launch of SOL futures. Both SOL and XRP had peak volumes in August, though XRP activity has slowed down in September. XRP and SOL options to tap both institutions and active traders Crypto options are one of the indicators of market attitudes, with XRP and SOL receiving a new way to gauge sentiment. The contracts will be supported by the Cumberland team.  ‘As one of the biggest liquidity providers in the ecosystem, the Cumberland team is excited to support CME Group’s continued expansion of crypto offerings,’ said Roman Makarov, Head of Cumberland Options Trading at DRW. ‘The launch of options on Solana and XRP futures is the latest example of the…

The post EuroVision Facing Possible Boycotts Over Gaza Disputes appeared on BitcoinEthereumNews.com. (Photo by Harold Cunningham/Getty Images) Getty Images As Paris hunkers down for another day of “manifestations” (national protest marches and strikes) over Israel’s continuing war on a battered Gaza, following similar massive protests in Spain, one of Europe’s biggest televised annual events faces boycotts, delays or worse as it tries to survive the controversy. Eurovision is a reality TV competition featuring single bands representing each participating country, with fans across Europe voting on their favorites. Last year, 37 countries participated in the 69th contest since the first one in 1956, with Austria’s JJ performing Wasted Love for a mammoth audience of 166 million viewers. But both the number of participants and audience members might be considerably smaller in the 2026 edition, despite those huge ratings, acknowledged the man charged with overseeing the competition. The problem: whether Israeli public broadcaster KAN will be able to keep participating despite calls for boycotts from some countries. “We’re a member-owned organization,” said Noel Curran, director general of the European Broadcasting Union, or EBU. He was talking over the weekend from the stage of IBC, the big annual broadcasting conference in Amsterdam, The Netherlands. “This is a member decision. This is not a decision taken in an office in Geneva. We understand how complicated this is.” Some countries have said they won’t participate in 2026 if KAN is involved, Curran said. Others have said they won’t participate if KAN is blocked. Though the statements on each side put Curran in an uncomfortable position, he said he welcomed the clarity. The EBU’s board will consider the statements and other issues when it meets in November, then make a recommendation that the entire membership will vote on. “It’s tricky,” Curran said. “The views are diametrically opposed.” The EBU represents 112 state-owned, public-service broadcasters from 56 countries, and…