Yesterday’s Biggest Headlines

Crypto Market Watch

1. CFTC Chairman Michael Selig said perpetual futures contracts on individual equity securities can begin trading for the first time on designated contract markets that are also notice-registered with the SEC as national securities exchanges for security futures. CFTC said the equity perps give U.S. participants a regulated alternative to offshore venues and build on CFTC-SEC harmonization after years of jurisdictional uncertainty.

2. Capital Markets Alliance, a group that said it is backed by firms including Citadel Securities and Cboe, filed a lawsuit seeking to stop the CFTC’s same-day green light for single-stock perpetual futures. CoinDesk said the suit argues the products are securities-based swaps that belong at the SEC and that the CFTC violated the Administrative Procedure Act, echoing earlier industry pushback after crypto-perp guidance.

3. Investors pulled more than $1 billion from U.S.-listed bitcoin ETFs over two trading sessions as the Binance hack and midterm uncertainty weighed on sentiment. Bloomberg reported the outflow streak as bitcoin held the mid-$70,000s into Election Day, keeping listed crypto exposure under pressure even as policy headlines elsewhere turned constructive.

4. Binance said hackers spent weeks posing as recruiters and fake executives, using staged job interviews to trick an engineer into downloading malware that later helped enable the record theft. Yahoo Finance said the company described a multi-month campaign, said about 98% of affected assets had been replenished, and reiterated that customers were covered after withdrawals reopened.

Equity Market Moves

5. The Nasdaq rose 0.83% to 25,372 and the S&P 500 gained 0.36% to 7,569 on Election Day as semiconductor stocks rebounded, while the Dow slipped 0.38% to 51,787. The Motley Fool said chip strength led the mixed session even as midterm results were still coming in after the close.

6. AMD reported a record third quarter with revenue of $13.4 billion, up 45% year over year, as Data Center segment sales nearly doubled. AMD said Data Center revenue hit $8.5 billion, up 97%, GAAP EPS was $1.46 and non-GAAP EPS was $2.09, and the company guided fourth-quarter revenue to about $17 billion, plus or minus 3%.

Commodities Watch

7. Spot gold slipped 0.5% to about $3,927.18 an ounce on Tuesday as a firmer dollar and higher Treasury yields pressured bullion into the midterm count. Kitco relayed a Reuters wrap showing December U.S. gold futures settled 0.7% lower at $3,940.40 after an earlier bounce on softer oil faded.

8. Crude oil fell for a second consecutive session Tuesday, with Brent down about 3% to $101.54 a barrel and WTI off about 2.3% to $94.23, as diplomacy hopes outweighed escalation worries. CNBC said the tape still digested reports of limited U.S. strikes on Iran’s Qeshm Island even as Trump administration officials kept pitching a negotiated settlement.

Today’s Watchlist

• Digestion of CFTC equity-perp clearance versus the Citadel/Cboe-backed lawsuit

• Whether bitcoin ETF outflows cool after the two-day $1 billion bleed and Binance interview disclosures

• Midterms overnight risk appetite with Nasdaq’s Election Day rebound and AMD’s record print in focus

• Gold’s hold near $3,900–$3,930 if the dollar and yields keep firming

• Brent’s stay soft near $101–$102 if Iran diplomacy headlines continue to dominate strike risk

edgeX Market Lens

Tuesday’s handoff into the post-vote session mixed a structural crypto-market win with fresh legal and flow stress: the CFTC said equity perpetual futures can start on dual-registered U.S. venues, only for a Citadel- and Cboe-linked group to sue the same day, while bitcoin ETFs lost more than $1 billion across two sessions and Binance detailed the fake-interview path into its record hack. Equities split the ballot-day tape, with the Nasdaq up 0.83% and the S&P up 0.36% on a chip rebound even as the Dow slipped 0.38% and AMD delivered a record AI-heavy print after the close. Gold gave back Monday’s rebound under a firmer dollar, and crude’s war premium kept fading toward the low-$100s Brent / sub-$95 WTI zone.

The near-term question is whether election-night flows treat regulated equity perps as the next onshore credibility bid, or whether the lawsuit, ETF bleed, and Binance forensics keep risk capped until the vote map clarifies. Soft oil helps the inflation path, but December hike odds remain elevated, so any post-election bounce still faces a policy ceiling. If the CFTC path holds through the court challenge, bitcoin stabilizes above the mid-$70,000s, and AMD’s guide steadies the AI complex, risk can attempt a repair. If the equity-perp fight widens, ETF outflows re-accelerate, or Iran headlines flip back to escalation, midterms relief will trade second to structure, flows, and energy.

For active traders, access matters when U.S. equity perps open a regulated door, listed bitcoin funds just posted a $1 billion two-day drain, AMD resets the AI earnings bar, and gold and oil again gap in opposite directions from last week’s extremes. edgeX gives traders self-custodial access to crypto, Bitcoin, tokenized stock, and RWA perpetual markets around the clock.