REX Shares is seeking approval for a new investment product that offers double the daily returns of TRON (TRX), the native asset of the Tron network, through leveraged exposure, according to a new SEC filing. The prospective fund, called the T-Rex 2X Long TRON Daily Target ETF, will carry a 1.5% management fee. It will
US crypto ETFs are experiencing significant developments this week, according to new data released today by market analyst Phoenix Group. As per the data, Bitcoin and Ethereum ETFs have witnessed substantial increases in inflows, with total inflows of $409 million recorded last week. These additions make the cumulative AUM (assets under management) for these crypto
The price of Bitcoin just shot above the $116,000 for the first time ever, continuing a recent string of all-time high jumps over the last two days—and non-believers are getting pummeled with short liquidations. Bitcoin is currently sitting at a price of $116,734 according to data from Coinbase, marking a 4.8% climb over the last
According to breaking news, the Bitcoin price experienced a sudden surge in just two minutes, gaining 2.3% and rising above $116,000. With this development, the new all-time high price record for BTC was $116,868. Chart showing the rise in BTC price. Bitcoin, which broke its all-time high just a few hours ago today, hasn’t seen
Renowned economist Peter Schiff, known for his harsh stance against cryptocurrencies, issued a statement after Bitcoin reached a new all-time high of $113,833 today. Schiff warned investors who saw this rise as an opportunity, arguing that Bitcoin did not offer a basic business model. “The logic behind Bitcoin or Ethereum treasury companies is to exploit
Japan-based real estate investment firm GATES Inc. announced plans to tokenize $75 million worth of income-generating properties located in central Tokyo. The company will carry out this step through its blockchain network called Oasys, thus aiming to facilitate foreign investors’ access to the Japanese real estate market. Following this development, the total trading volume of
There’s only one way to truly represent securities on-chain, and that’s through “native” tokenization, Carlos Domingo, CEO of BlackRock-backed digital asset securities firm Securitize, told Decrypt on Thursday. That distinction could become more important, as firms’ experimentation with security-based tokens potentially leaves investors confused—a concern raised by the U.S. Securities and Exchange Commission earlier this
NRW BANK, the development bank owned by the German state of North Rhine-Westphalia, has issued €100 million worth of blockchain-based bonds, making it one of the biggest public sector moves into digital securities in Europe. The two-year bond was issued on the Polygon (POL) blockchain and registered through the infrastructure of Cashlink Technologies, a cryptocurrency
Bitcoin, the crypto market’s flagship asset, is painting a compelling breakout story, decisively conquering two major trading barriers that were standing in the way of a short-term bull run. And with BTC once again breaking price records and firmly above the $112,000 resistance level, what should traders expect next? First, some context: With the S&P
Bitcoin just blew past $113,800 on Thursday, setting a new all-time high. The oldest digital asset has been on a tear for the last several months — and has nearly doubled over the past year, climbing from $57,899 a year ago today. CoinDesk analysts and industry experts are watching closely to see if bitcoin BTC$110,770.05