Cboe has filed with the SEC to list the first triple-leveraged Bitcoin and Ethereum ETFs in the US, aiming to offer investors 3x daily exposure to these cryptocurrencies. This move comes as demand for crypto ETFs has weakened, with recent outflows from Bitcoin and Ethereum ETFs. Despite the filing, Bitcoin and Ethereum prices remain stable around $63,000 and $1,879 respectively. Technical analysis suggests Bitcoin could trade between $60,000 and $70,000, while Ethereum shows potential for a 28% price surge if it breaks resistance at $1,947. The approval of these ETFs could introduce new leveraged investment options for crypto investors in the US market.
Crypto analyst Ali Martinez projects XRP could reach $60 if it closes monthly above $3.66, a significant rise from its current $1.35 price. Former Ripple exec David Schwartz also suggested XRP might eventually overtake Bitcoin by growing faster, not ...
Nasdaq Ventures is investing $100 million in Payward, the parent company of Kraken, to advance the development of tokenized stock trading infrastructure. This investment supports the Nasdaq Equity Token (NET) framework, expected to launch in Q2 2027,...
Centrifuge's governance proposal CP172 has passed with 98.53% approval, authorizing a future plan to convert CFG tokens into tokenized equity shares of Centrifuge, Inc. at a 1:1 ratio. This conversion is conditional on board approval, corporate restr...
KeyBanc initiated coverage on Air Products and Chemicals with a 'Sector Weight' rating, signaling expected performance in line with its sector. Despite the neutral outlook, the company showed strong profitability with a 110 basis point rise in adjust...
First BanCorp has delivered strong returns, outperforming the S&P 500 since December. The bank shows impressive asset quality with a 2.02% return on assets and 19.49% return on equity, alongside an improved net interest margin of 4.87%. Positioned we...
