Cboe BZX Exchange has filed with the SEC to list the first triple-leveraged Bitcoin and Ether ETFs in the US, aiming to deliver three times the daily returns using CME futures contracts. The proposal, submitted on August 10 and published on August 14, marks a potential milestone for leveraged crypto products on a major US exchange. Meanwhile, spot Bitcoin ETFs saw $57.63 million in net outflows over three days, while spot Ether ETFs showed no net flows. Approval by the SEC is still pending, with the funds expected to operate under CFTC regulation as commodity pools rather than traditional fund rules.
Bitcoin climbed above $81,400, buoyed by a strong rally in Asian chip stocks, notably South Korea's Kospi index rising 6.6% and SK Hynix profits surging sevenfold. The memecoin Pepe surged 9.4%, driven by large holdings linked to Tron founder Justin ...
Pepe (PEPE) token rose sharply by 17.09% to $0.00000501, significantly outpacing Bitcoin's 2.34% and Ether's 2.76% gains over the same 24-hour period. This notable increase highlights Pepe's strong momentum in the digital asset market compared to maj...
A trader known as Killa is maintaining a long Bitcoin position opened at $76,400 and will only exit if Bitcoin hits his target price or the stop loss is triggered. He emphasizes patience and sticking to his trading plan without panic, despite sideway...
On October 27, Bitway (BTW) surged 34.97% to $1.54, topping the 24-hour performance among the 90 largest cryptocurrencies excluding stablecoins. Despite this gain, the broader market saw more declines than advances, with 55 cryptocurrencies falling a...
China's AI-focused STAR50 index dropped 4.81%, continuing a 40% decline since July, wiping out about $480 billion in value. While this selloff hasn't directly affected Bitcoin due to China's crypto bans, concerns about US tech earnings and AI spendin...
