CME will list options on Solana and XRP futures for the first time, extending regulated crypto derivatives beyond Bitcoin and Ether amid growing US market demand. The Chicago Mercantile Exchange Group (CME), the world’s largest derivatives exchange, will expand its crypto offerings by introducing options on Solana and XRP futures starting Oct. 13. The move builds on record trading activity in Solana (SOL) and XRP (XRP) futures contracts since their launches earlier this year, according to the exchange. It also marks the first time CME has extended its options offering beyond Bitcoin (BTC) and Ether (ETH). Futures are contracts to buy or sell an asset at a set price on a future date, while options give traders the right, but not the obligation, to buy or sell those futures at predetermined prices. Read more
After a day which saw cricket take the backseat and politics deliver the drama, Pakistan advanced in a tournament they had been looking to boycott hours earlier. The United Arab Emirates became the casualty as Salman Ali Agha’s men knocked the hosts out of the men’s Asia Cup in the final Group ‘A’ match on Wednesday to book a spot in the Super Four stage. And surprise, surprise; they have been drawn against archrivals India for Sunday’s Super Four opener, which is expected to be a heated affair after the handshake controversy and Indian captain Suryakumar Yadav’s post-match comments left a bad taste after their seven-wicket win in the first-round fixture between the two teams last Sunday. But — despite the off-field noise — can we expect it to be a competitive affair? The simple answer is a big, big NO. In the group match between the neighbours, it was established that Pakistan have tumbled a league below India in terms of quality and skill. But when they go up against weaker opposition, the boys in green ten...