A leading asset management firm, ProShares, has announced its intention to introduce a new crypto ETF that will track the CoinDesk 20 Index. To achieve this, the company seeks approval from the Securities and Exchange Commission (SEC) after submitting a filing to the commission. Meanwhile, reliable sources have noted that this index is crucial in
Bitcoin prices have rallied over the last few days, climbing past $114,000 on Tuesday, October 21 as markets got their risk appetite back. The world’s most prominent digital currency rose to as much as $114,082.29, according to Coinbase data from TradingView. At this point, it was up roughly 10.2% from the multimonth low of approximately
A new report claims that US retail investors are showing increasing favorability to crypto, with adoption growing by 50% this year. Although it’s the largest market, India had even higher rates of grassroots usage. Stablecoins are also growing to unprecedented levels, allowing users convenient on- and off-ramps between TradFi and Web3. Retail hype for digital
BlackRock has officially listed its iShares Bitcoin Exchange-Traded Product (ETP) on the London Stock Exchange (LSE). This comes after the Financial Conduct Authority’s (FCA) decision to ease restrictions on crypto-linked investment products. The ETP, ticker IB1T, allows retail investors to gain exposure to Bitcoin without directly trading or storing the cryptocurrency, offering a simplified entry
The $11 billion Bitcoin whale is back with another massive short position, signaling that some large investors are hedging for more crypto market downside amid the tariff concerns and ongoing government shutdown. The Bitcoin whale, which is crypto slang for a large investor, returned with a $235 million 10-times leveraged short position on Bitcoin (BTC),
US President Donald Trump made important announcements regarding new tariffs on China. He said that the tariffs on Chinese imports will be “approximately 155%” as of November 1st. Trump said the move was aimed at protecting the US economy, arguing that high tariffs were “unsustainable” for the Chinese economy. The price of Bitcoin, which climbed
Feynman Point Asset Management, a newly independent investment firm focused on digital assets and frontier technologies, has officially announced it is spinning out from Republic, a New York-based investment firm known for its crypto initiatives. With this move, the firm establishes itself as a dedicated $300 million crypto hedge fund, led by Joe Naggar, a
On the morning of Oct. 20, 2025, Amazon Web Services (AWS) experienced a major outage that cascaded into widespread service disruptions across thousands of websites and applications. Several large exchanges and crypto-service providers rely heavily on cloud infrastructure like AWS to power their trading platforms, wallets, analytics tools and matching engines. The ripple effect hit
Fed Board Member Chris Waller has proposed a new type of account that would provide direct access to the Fed’s payment system. This model, called the “limited-access master account,” or “skinny master account” for short, will give all legally compliant institutions, including fintech companies, stablecoin issuers, and payment institutions, direct access to the Fed’s payment
Gold saw its worst day in years, falling more than 5%, which fueled Bitcoin’s rally and pushed the crypto market higher. Summary The crypto market is rallying as Bitcoin almost reaches $114,000 Gold plunged over 5% intraday, likely due to overextension Crypto market sentiment may be shifting to neutral territory Gold is crashing, and Bitcoin