First leveraged MicroStrategy ETF Debuts in US
The ETF might provide more leveraged exposure to Bitcoin, particularly for institutional investors trying to diversify their holdings. The first Bitcoin-related leveraged exchange-traded fund (ETF) has launched in the United States, marking a significant milestone in institutional cryptocurrency adoption. The new leveraged MicroStrategy ETF, MSTX, aims to provide 175% long daily exposure to MicroStrategy. Sylvia […]
ETH Demand Is Lacking Post-Spot Ethereum ETF; Why?
The price of ETH could not surpass the $3,400 resistance level, primarily due to the increased outflows from spot Ethereum ETFs resulting from Grayscale. Despite the introduction of spot Ethereum ETFs in the United States, Ethereum is poised to conclude the month of July with a loss of approximately 1%. The market experienced an immediate […]
Biden Family Memecoins Fall 60% After Exit from Electoral Race
Biden Family Memecoins tanked more than 60%, while a memecoin tied to US Vice President Kamala Harris soared 133% before cooling off. Memecoins associated with United States President Joe Biden, his wife Jill, and son Hunter have experienced an over 60% decline since Biden’s official withdrawal from the 2024 presidential campaign. In less than two […]
Metaplanet To Buy $7M Bitcoin With Bond Sale
Metaplanet, a Japanese investment firm, buys around $7 Million in Bitcoin from a bond sale, indicating institutional interest in cryptocurrencies. Metaplanet, a significant Japanese investment company, has expanded its Bitcoin portfolio with a recent purchase. This action underscores the firm’s increasing confidence in Bitcoin as a critical asset and aligns with the broader trend of […]
Tron Price Rally Continues as USDT Transactions Rises
Tron’s price has increased for the past three days as on-chain data indicates that its ecosystem is operating well. On Friday, TRX surged to $0.1185, its highest monthly level. From its lowest point this month, it has increased by more than 7.65% as other altcoins like Ether, Solana, and Pepe have declined. The 24-hour trading […]