Bitcoin short-term options implied volatility rises ahead of US midterm elections

Tyler Ward stated that Hyperliquid and Lighter are the main beneficiaries after the US CFTC approved equity perpetual contracts for trading on registered exchanges.

Block's third-quarter gross profit was $3.24 billion, a 22% year-over-year increase. Cash App's gross profit was $2.07 billion, a 27% year-over-year increase; Square's gross profit was $1.16 billion, a 14% year-over-year increase. Bitcoin-related revenue was $1.8 billion, with a gross profit of $52 million, a 50% year-over-year decrease. Adjusted operating profit was $923 million, a 92% year-over-year increase. Block raised its full-year 2026 gross profit guidance to $12.63 billion, a 22% year-over-year increase. Block's stock price rose approximately 8% in after-hours trading. (Source: The Motley Fool)

Block.com has reached an agreement in principle with the U.S. Department of Justice regarding an anti-money laundering compliance investigation, with the Department of Justice set aside charges against Block.com for violating the Bank Secrecy Act for three years. The agreement is estimated to be worth approximately $964 million in total, with net payments of approximately $764 million, and is still subject to court approval. (Source: Bloomberg)

Coinbase Assets posted on the X platform that it has added CARD, the token of the Solana ecosystem physical trading platform Collector Crypt, to its listing roadmap. The Solana network contract address for this asset is ************************************. Coinbase's decision to open CARD trading depends on the availability of market-making support and the availability of technical infrastructure; the listing time will be announced separately once these conditions are met.

A group backed by Citadel Securities and other firms sued the U.S. derivatives regulator for opening a path for perps that it argued belong in the SEC's hands.