The digital asset sector is experiencing significant changes as leading exchanges introduce regulated futures contracts, while traders contend with sharp price swings and liquidity issues.
Cboe Global Markets revealed
the introduction of its
Bitcoin
and
Ether
"Continuous Futures" on December 15, providing ongoing, perpetual-like exposure through daily cash settlements. These decade-long contracts are designed to minimize the hassle of rolling over expiring trades, comply with Commodity Futures Trading Commission (CFTC) guidelines, and may allow cross-margining with current crypto futures
according to reports
. This initiative comes after regulatory changes during the Trump era, which paved the way for U.S. crypto-derivatives development following years of limitations
as research shows
.
At the same time, Singapore Exchange (SGX) plans to launch Bitcoin and
Ethereum
perpetual futures on November 24,
targeting institutional investors
and referencing the iEdge CoinDesk Crypto Indices. This move highlights the increasing integration of digital assets into mainstream finance,
with industry players citing
enhanced liquidity and better risk management as major advantages. The worldwide perpetual futures market, which already boasts $767 billion in open interest, is expected to attract more institutional players as regulated offerings multiply
according to market analysis
.
Despite these advancements, the crypto sector continues to see dramatic price movements. A prominent trader recently
lost $5.5 million
on leveraged short trades in HyperLiquid just before a price recovery, underscoring the dangers of high-risk trading tactics. This event is reminiscent of previous major losses,
such as the $100 million loss
suffered by the pseudonymous trader James Wynn earlier this year. Meanwhile,
Bitcoin and ether have fallen
to their lowest levels in months, with Bitcoin dropping under $93,500 and ether below $3,050. Experts
attribute the decline
to changing expectations about Federal Reserve rate cuts and shrinking liquidity, which have intensified downward price moves.
To address the volatility, new platforms like JEXAI are entering the scene.
The AI-blockchain integration platform
has introduced smart contracts aimed at maximizing energy efficiency and dynamically distributing computing resources among cryptocurrencies such as
BTC
and
ETH
.
JEXAI's AI-driven risk control systems
are designed to offer stability during turbulent markets, attracting investors interested in passive income opportunities.
Bitcoin miners, however, are facing their own set of obstacles.
HIVE Digital Tech reported
a 7.58% increase in its stock following Q2 2026 earnings, thanks to effective mining operations and a global fleet efficiency of 17.5 joules per terahash. The company highlighted its continued profitability even with a hash price floor of $36–$38,
noting that smaller-scale miners
might be forced out as prices decline. BitMine Immersion, the largest ETH treasury holder, also expressed long-term confidence,
citing Ethereum's fundamentals
and the promise of advancements in tokenization.
While some market watchers point to macroeconomic trends as the cause of Bitcoin's struggles, others warn not to ignore the impact of AI-fueled speculation.
Nvidia's upcoming earnings
, seen as a key indicator for the AI industry, could sway overall market sentiment. On the other hand,
the company's recent partnership
with Dell to provide AI computing solutions demonstrates the sector's ongoing strength.
As the digital asset environment continues to develop, the relationship between regulatory advances, technological progress, and market forces will be crucial. With new derivatives products broadening access and more institutions getting involved, achieving stability may depend on carefully balancing risk and opportunity in this fast-changing landscape.
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