Key Takeaways REX Shares is launching 2X leveraged ETFs for Solana (SOLX) and XRP (XRPK) providing daily double exposure to their respective assets. The ETFs use swaps and options to achieve 200% leverage, are managed by Tuttle Capital Management, and do not invest directly in spot SOL or XRP. Share this article New leveraged long
Swiss and German law enforcement just dropped the hammer on Cryptomixer.io, one of the largest Bitcoin “tumblers” in the wild. Multiple agencies, including Zurich police and Germany’s BKA, dismantled the platform last week. https://twitter.com/Europol/status/1995422096126603419?t=15HImuXefUaxyuGy6VXrww&s=19 Cryptomixer had been mixing coins since 2016, allegedly shuffling billions of euros in potentially dirty Bitcoin. By blending funds across users
Fundstrat’s Tom Lee remains confident that there will be a new Bitcoin all-time high in the next couple of months. “I do think Bitcoin can make an all-time high by the end of January,” said Tom Lee on CNBC on Monday. “I’m pretty bullish into December even with the first day being rocky,” he
Kalshi has integrated the Solana blockchain to launch tokenized versions of its event contracts on-chain. Summary Kalshi has launched tokenized versions of its event contracts on the Solana blockchain. The move is expected to enhance liquidity across Kalshi’s markets. Kalshi will be directly competing against Polymarket as both platforms scale up U.S. market activity. As
Key Takeaways Bitcoin’s potential move to $96,900 has a $9.6 billion short-liq bomb waiting overhead. Short liquidations occur when leveraged bets against Bitcoin are force-closed as margin requirements can’t be met. Share this article Bitcoin’s potential rally to $96,900 would put roughly $9.6 billion in short positions at risk of liquidation, according to current liquidation
The Bitcoin price might need a miracle to close above $100,000 in December. Scanning the market, there are no solid Bitcoin news stories to prop up bulls, and the BTC USD price is under immense pressure. Earlier today, Bitcoin crypto crashed from as high as $90,000, quickly losing over $3,000 to spot rates. The crash
Strategy’s 649,870 BTC stash implies a value 78% above MSTR’s price, flagging a rare historical undervaluation zone. According to CryptoQuant analyst Carmelo Alemán, the market is mispricing Strategy (MSTR), arguing that the firm’s 649,870 BTC stash now implies a value that’s about 78% above where the stock currently trades. He bases that view on
Yearn Finance has taken its first major step toward repairing the damage from its recent yETH exploit after securing a partial recovery. Summary Yearn Finance recovered $2.4M from the $9M yETH exploit through a coordinated effort with Plume and Dinero. The recovery covers assets still held by the attacker, while the laundered ETH remains out
Key Takeaways US ETFs tracking Bitcoin, Ethereum, XRP, and Solana are now visible on Vanguard’s platform. This move represents a shift for Vanguard, which previously did not support crypto products on its platform. Share this article Vanguard has listed US Bitcoin, Ethereum, XRP, and Solana ETFs on its investment platform as it moves toward offering
Are we about to see a Japan rate hike and the beginning of a global recession? Bitcoin’s slide from 92,000 to 86,000 this week did not come out of nowhere. Arthur Hayes argues the move was triggered by a sharp shift in Japan’s monetary stance, as the Bank of Japan signaled a possible December rate