The Cboe BZX Exchange has filed to list the first-ever 3x leveraged Bitcoin ETF in the US, sponsored by Volatility Shares LLC. This fund aims to deliver three times the daily return of Bitcoin by using CME Bitcoin futures contracts. Unlike traditional ETFs, it will be structured as a commodity pool under CFTC regulation, not the SEC. The product targets short-term traders due to daily leverage reset effects and awaits SEC approval before trading can begin.
Gold prices dropped nearly 2% to $4,385.80 an ounce after US August job growth exceeded expectations, with 162,000 new jobs added versus the forecast of 55,000. The unemployment rate remained steady at 4.1%. Strong employment data suggests the Federa...
Michael Burry purchased call options on Nvidia ahead of its August 26 earnings, resulting in an 8.96% gain by September 3 as the stock rallied strongly. Despite this short-term bullish bet, Burry remains bearish on Nvidia due to concerns about the co...
Vertiv and Schneider Electric both reported strong growth driven by AI infrastructure demand, but with different focuses. Vertiv, a pure-play in data center power and cooling, posted a 24.1% revenue increase in Q2 2026 and raised its full-year guidan...
Solana maintains a strong position in the decentralized exchange (DEX) market, holding about 20% of global spot DEX trading activity. This leadership is supported by active platforms like Meteora and PumpSwap, along with stablecoin liquidity, low tra...
The US economy added 162,000 jobs in August, significantly surpassing the expected 53,000 and marking the strongest monthly gain since March. The unemployment rate remained steady at 4.1%, reflecting a stable labor market. Job growth was broad-based,...
