Deribit Sees Strong Demand From Institutions, Volume on Its Block RFQ Tool Reaches $23B in Four Months

The institutionalization of cryptocurrencies is accelerating rapidly. Crypto derivatives exchange Deribit’s on-demand liquidity tool, the Deribit Block Request-for-Quote (RFQ) interface, has registered a cumulative trading volume of over $23 billion in less than four months since its debut in early March. Deribit is a prominent derivatives exchange, offering the world’s largest options market for traders…

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Pump.fun and Other Memecoin Accounts Suspended From X in Apparent Crackdown

Social media giant X suspended Pump.fun’s official account and co-founder Alon Cohen’s personal handle on June 16, alongside other memecoin-related platforms including GMGN, Bloom Trading, BullX, ElizaOS, and more earlier on Tuesday. The platform issued no reason, triggering speculation about internal policy enforcement or wider regulatory intervention, but sparked grapevine talk in crypto circles of…

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