SEC blocks 9 high-leverage ETFs, citing Rule 18f-4 violations and investor safety considerations. Proposed ETFs amplified returns three to 5 occasions, concentrating on Bitcoin, Ether, Tesla, and Nvidia. Extremely-leveraged merchandise threat systemic losses; October’s crypto crash triggered US$20b (AU$30.8b) liquidations. The US Securities and Alternate Fee (SEC) has blocked aContinue Reading

Bitcoin noticed a 6% uptick, climbing again above $92K. This sparked a broad market rebound after a pointy selloff worn out almost $1 billion in leveraged positions. Whereas merchants welcomed supportive business headlines, general sentiment stays fragile amid ongoing market stress. Regardless of the value rise, detrimental funding charges pointContinue Reading

Bitcoin briefly dipped beneath US$84k early Tuesday morning Australian time earlier than recovering above US$86,547, whereas Ethereum fell beneath US$3k. QCP Capital attributed the downturn to weak weekly and month-to-month closes, post-Thanksgiving US dealer promoting stress, and Asia-driven headwinds together with Japan’s potential price hike. BRN’s Timothy Misir characterised theContinue Reading

Bitcoin gained 4.6% over 24 hours and reclaimed the US$90k degree, although it stays almost 20% down on the month-to-month chart. Ethereum and Solana ETFs have seen robust inflows, with Ethereum recording 4 consecutive days of internet inflows totalling US$241.5 million. Solana ETFs skilled their first internet outflows on Wednesday,Continue Reading

US spot Solana (SOL) ETFs have maintained an unbroken 20-day streak of web inflows, totaling US$568.24 million since their late-October debut. Monday’s SOL ETF web additions reached US$58 million, the third strongest day, with Bitwise’s BSOL accounting for almost all at US$39.5 million. US spot XRP ETFs additionally noticed sturdyContinue Reading

Bitwise Spot Chainlink ETF (CLNK) has been listed on the DTCC registry in “energetic” and “pre-launch” classes, a key step towards potential buying and selling. The DTCC itemizing alerts operational readiness however doesn’t assure last approval from the US Securities and Change Fee (SEC). The event follows an identical developmentContinue Reading