In Bitcoin ETF news, Canary Capital’s Canary Staked TRX ETF began trading on Cboe on September 9 under the ticker TRXS, becoming the first US-listed exchange-traded fund to combine direct exposure to TRON’s native token with built-in staking rewards. The product provides a brokerage-based route to TRX without requiring investors to hold the token directly…
VVV has rocketed the most over the past 24 hours, jumping by more than 50%. LIT, ATOM, and DOT follow suit. In what is expected to be a highly volatile second part of the week, bitcoin’s price dipped to $77,600 yesterday after it was rejected at over $80,000 on Monday before it rebounded to…
BitMart appointed Alvarez & Marsal as its financial adviser on Sept. 9 as the crypto exchange reviews its financial position, withdrawal restrictions and possible paths following the suspension of trading. Summary BitMart appointed A&M to assess finances, stakeholder claims and withdrawal arrangements with its legal advisers. Five business days is BitMart’s deadline to publish a…
Bitcoin is spending less time near extreme capitulation levels, suggesting the market may be maturing compared with earlier cycles. Bitcoin’s latest downturn looks less severe than previous bear markets, with Wintermute noting that BTC is now about 50% below its peak 340 days after the top, compared with losses above 75% at the same…
Hunter Biden has defended his LAPTOP memecoin hours before its Sept. 9 launch on Base, saying 20% of the supply will be distributed through community airdrops while 30% will be tied to political, crypto and cultural predictions. Summary Hunter Biden defended LAPTOP ahead of its Base launch, describing the memecoin as a way to reclaim…
Balanced Price has historically identified deep-cycle bottoms, yet Bitcoin’s changing relationship with the metric raises a fundamental possibility. Bitcoin staged a strong rally in August, surging by almost 30%. While some believe that the bear market is over, others argue that the risk of a devastating plunge still lurks over the world’s largest crypto…
The Clarity Act has faced a new threat ahead of its Sept. 15 procedural vote, with Republican senators warning that the measure may lack the 60 votes needed to advance. Summary The Senate has scheduled a procedural vote on the Clarity Act for Sept. 15. Republicans need at least seven Democratic or independent votes if…
Polymarket’s core platform took the biggest hit, with monthly volume plunging from $7.89 billion to $4.59 billion. Polymarket’s monthly trading volume fell to $8.41 billion in August, down about 35% from July’s $12.89 billion, as the post-World Cup rush that drove prediction markets earlier this summer faded. Rival Kalshi barely flinched, closing the month…
Traditional digital asset returns often rely on price increases. Whether it’s XRP, BTC, or other crypto assets, prices are influenced by various factors such as market sentiment, liquidity, and policy environment. Therefore, solely relying on price increases for returns carries significant market volatility risk. Summary XRPPower offers short and long term digital asset service plans…
BitMine Immersion Technologies has purchased 28,086 ETH worth about $70.1 million, raising its Ethereum treasury to 5.93 million tokens as Chairman Tom Lee predicts further gains for the asset. Summary BitMine acquired 28,086 ETH last week, lifting its holdings to 5,929,198 tokens. The company now owns 4.9% of Ethereum’s estimated 122 million-token supply. More than…
