ProShares seeks SEC approval for Bitcoin-denominated ETFs tracking S&P 500, Nasdaq-100, and gold

Key Takeaways ProShares has filed for ETFs that track the S&P 500, Nasdaq-100, and gold priced in Bitcoin. These ETFs will use Bitcoin futures to achieve Bitcoin-denominated returns rather than directly investing... Read more »

Bitget unveils $5B BGB token burn as price jumps 100% in a week

Key Takeaways Bitget announced a $5 billion BGB token burn, removing 800 million tokens from circulation. BGB has surged 100% in the past week, backed by a growing user base and increased... Read more »

Threat actor steals half a million via 15 compromised X accounts: ZachXBT

Key Takeaways A threat actor stole $500,000 via meme coin scams promoted through compromised X accounts. ZachXBT suggests not reusing emails and using security keys for important accounts. Share this article A... Read more »

Bank of Japan keeps interest rates unchanged for third straight meeting

Key Takeaways The Bank of Japan maintained interest rates at 0.25% for the third straight meeting. Unchanged rates reflect careful monitoring of domestic wage growth and US economic policies. Share this article... Read more »

Bitcoin sinks below $100,000, altcoins tumble following Fed’s hawkish signals

Key Takeaways Bitcoin price fell under $100,000 due to a hawkish Federal Reserve stance. Meme tokens experienced sharp declines amid market sell-off. Share this article Bitcoin fell close to 6%, trading under... Read more »

Hyperliquid’s HYPE token surges past $10 billion market cap

Key Takeaways HYPE surpasses $10 billion market cap, entering the top 25 coins by market capitalization. Hyperliquid’s HYPE token surges 20% in one day, reaching a new all-time high of $30. Share... Read more »

US Bitcoin ETFs see historic outflows as brutal sell-off shakes crypto markets

Key Takeaways US Bitcoin ETFs experienced historic outflows with investors withdrawing $672 million in a day. Fidelity’s Bitcoin Fund led the outflows, followed by Grayscale and ARK Invest ETFs. Share this article... Read more »

Crypto crash triggers $1 billion in leveraged liquidations over past 24 hours

Key Takeaways Turmoil gripped the crypto markets following the Fed’s surprisingly hawkish message after its rate cut decision. Despite the crash, Bitcoin has seen a 130% gain this year, while investors continue... Read more »

Bank of England leaves rates unchanged amid rising inflation

Key Takeaways The Bank of England kept its interest rate at 4.75% as UK inflation rose to an eight-month high. Higher transportation and housing costs are significant contributors to the recent rise... Read more »

Fed expected to make third rate cut today—here’s what to know

Key Takeaways The Fed is expected to lower interest rates by 25 basis points to a range of 4.25% to 4.5%. Increased market instability is possible as the event looms. Share this... Read more »