From Wall Street To Red Square: Moscow Exchange Lists BlackRock Bitcoin Futures
Russia’s main exchange. the Moscow Exchange, has started offering Bitcoin futures contracts. This is one of the biggest moves yet in the country’s slow
Russia’s main exchange. the Moscow Exchange, has started offering Bitcoin futures contracts. This is one of the biggest moves yet in the country’s slow but steady opening to cryptocurrencies.
According to market insiders, these new contracts track the price of the BlackRock Bitcoin ETF, which has gathered over $72 billion in assets.
Trades will be priced in US dollars per lot, while settlements will happen in Russian rubles. This setup lets local traders tap into Bitcoin’s price swings without touching foreign crypto platforms.
Quarterly Contracts Linked To IBIT
These Bitcoin futures will come out every three months, with the first batch due to expire in September 2025. Based on reports, only qualified investors will be allowed to trade on the MOEX. That means big banks, funds, and other approved financial groups can take part.
Ordinary investors won’t get in on these deals. The Bank of Russia gave the green light in May 2025 for such products, but it still warns most firms to steer clear of direct crypto deals. The idea seems to be to let big players handle the risk in a controlled way.
BTC is now trading at $105,809. Chart: TradingView
Local Settlements Keep Risk In Rubles
Moscow Exchange decided to price the contracts in US dollars. However, when it’s time to settle, everything happens in rubles. This approach protects Russia from sudden swings in foreign markets.
A trader can lock in a deal based on Bitcoin’s value in dollars, yet get paid in their home currency. It’s a setup that keeps money inside Russia even as it ties to a global crypto product.
Some analysts see this as a smart middle ground. It lets Russia join the international cryptocurrency scene but without depending on overseas platforms.
AI solidifying role in Web3, challenging DeFi and gaming: DappRadar
AI-powered decentralized applications are becoming a larger part of Web3 and is challenging DeFi and gaming, according to DappRadar.
Artificial intelligence is firming up its role in Web3 as the number of AI-powered decentralized applications (DApps) and their active users have grown so far this year, according to DappRadar.
AI-backed DApps saw 4.8 million daily unique active wallets over May, representing a 23% growth and showing that they are “steadily establishing themselves within the decentralized ecosystem,” DappRadar analyst Sara wrote in a June 5 DApp report for May.
“AI decentralized apps are challenging gaming and DeFi for dominance in the DApp ecosystem,” Gherghelas added.
Decentralized finance (DeFi) and blockchain-based games have for years been some of the largest apps by total value locked and users on most blockchains, and Gherghelas said that AI-powered DApps aren’t just hype, but a trend “reflecting a broader societal shift toward open, user-owned technologies.”
The report noted that the top-performing AI DApps last month remain largely consistent, highlighting the strong staying power of early market leaders.
The top AI DApp for May was LOL, which has 2 million daily active wallets. The platform uses an AI bot to analyse laughter and rewards users with tokens after it determines how happy they are.
DappRadar also reported that the most notable newcomer to the rankings is SubHub, an AI-enhanced Web3 notification and marketing platform developed by Dmail that had 82,000 daily unique active wallets in May.
Need for decentralized AI
DappRadar also reported that 77% of Americans believe decentralized AI would be more beneficial than centralized models, according to a Harris Poll conducted in May.
Additionally, 56% of respondents would prefer AI development to occur via decentralized systems, it noted.
“This data underscores a cultural shift, one that aligns with Web3’s ethos of transparency, user ownership, and anti-monopoly values,” Gherghelas said.
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From Wall Street To Red Square: Moscow Exchange Lists BlackRock Bitcoin Futures
Russia’s main exchange. the Moscow Exchange, has started offering Bitcoin futures contracts. This is one of the biggest moves yet in the country’s slow
Russia’s main exchange. the Moscow Exchange, has started offering Bitcoin futures contracts. This is one of the biggest moves yet in the country’s slow but steady opening to cryptocurrencies.
According to market insiders, these new contracts track the price of the BlackRock Bitcoin ETF, which has gathered over $72 billion in assets.
Trades will be priced in US dollars per lot, while settlements will happen in Russian rubles. This setup lets local traders tap into Bitcoin’s price swings without touching foreign crypto platforms.
Quarterly Contracts Linked To IBIT
These Bitcoin futures will come out every three months, with the first batch due to expire in September 2025. Based on reports, only qualified investors will be allowed to trade on the MOEX. That means big banks, funds, and other approved financial groups can take part.
Ordinary investors won’t get in on these deals. The Bank of Russia gave the green light in May 2025 for such products, but it still warns most firms to steer clear of direct crypto deals. The idea seems to be to let big players handle the risk in a controlled way.
BTC is now trading at $105,809. Chart: TradingView
Local Settlements Keep Risk In Rubles
Moscow Exchange decided to price the contracts in US dollars. However, when it’s time to settle, everything happens in rubles. This approach protects Russia from sudden swings in foreign markets.
A trader can lock in a deal based on Bitcoin’s value in dollars, yet get paid in their home currency. It’s a setup that keeps money inside Russia even as it ties to a global crypto product.
Some analysts see this as a smart middle ground. It lets Russia join the international cryptocurrency scene but without depending on overseas platforms.
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!summarize #stephenasmith #tariff #democrats #politics #economy
AI solidifying role in Web3, challenging DeFi and gaming: DappRadar
AI-powered decentralized applications are becoming a larger part of Web3 and is challenging DeFi and gaming, according to DappRadar.
Artificial intelligence is firming up its role in Web3 as the number of AI-powered decentralized applications (DApps) and their active users have grown so far this year, according to DappRadar.
AI-backed DApps saw 4.8 million daily unique active wallets over May, representing a 23% growth and showing that they are “steadily establishing themselves within the decentralized ecosystem,” DappRadar analyst Sara wrote in a June 5 DApp report for May.
“AI decentralized apps are challenging gaming and DeFi for dominance in the DApp ecosystem,” Gherghelas added.
Decentralized finance (DeFi) and blockchain-based games have for years been some of the largest apps by total value locked and users on most blockchains, and Gherghelas said that AI-powered DApps aren’t just hype, but a trend “reflecting a broader societal shift toward open, user-owned technologies.”
The report noted that the top-performing AI DApps last month remain largely consistent, highlighting the strong staying power of early market leaders.
The top AI DApp for May was LOL, which has 2 million daily active wallets. The platform uses an AI bot to analyse laughter and rewards users with tokens after it determines how happy they are.
DappRadar also reported that the most notable newcomer to the rankings is SubHub, an AI-enhanced Web3 notification and marketing platform developed by Dmail that had 82,000 daily unique active wallets in May.
Need for decentralized AI
DappRadar also reported that 77% of Americans believe decentralized AI would be more beneficial than centralized models, according to a Harris Poll conducted in May.
Additionally, 56% of respondents would prefer AI development to occur via decentralized systems, it noted.
“This data underscores a cultural shift, one that aligns with Web3’s ethos of transparency, user ownership, and anti-monopoly values,” Gherghelas said.
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