21Shares has officially filed with the US SEC for a 2x HYPE ETF. This is a leveraged fund that aims to deliver double the daily returns of the Hyperliquid Index. It builds on previous filings from asset managers for the product. 21Shares Expands its DeFi Product Line with HYPE ETF Filing In a new development, […]

Ripple Labs is leading an effort to raise at least $1 billion to establish an XRP treasury, as per a report today. The crypto firm plans to fundraise via a special purpose acquisition company, while also contributing some of its own XRP holdings. Ripple to Establish $1 Billion XRP Treasury Ripple is spearheading a fundraising […]

VanEck has submitted a preliminary application for a Lido Staked Ethereum ETF with the U.S. Securities and Exchange Commission (SEC). The issuer becomes the first to file an exchange-traded fund for Lido staked Ethereum as the Generic Listing Standards take effect earlier this month. VanEck Files Application for Lido Staked ETF with US SEC $133 […]

The TRUMP coin has continued to attract institutional interest as Newsmax Media revealed plans to purchase the token. They shared that Bitcoin would also be added to their treasury over the next 12 months. Newsmax Backs TRUMP Coin in Strategic Crypto Reserve In a recent release, Newsmax, a $1.4 billion company, announced that its board […]

Indian Crypto Market:– Web3 has hardly seen a week that has put South Asian country of India so much in the center of the conversation. The conversation took centre stage when Coinbase, for instance, invested $22 million in CoinDCX valuing the exchange at $2.45B. Coinbase’s official statement noted that the investment was “part of growing […]

Bitwise’s Solana ETP has surged by over $100 million in assets under management. This comes as Nasdaq-listed DeFi Dev Corp increased its SOL holdings by taking advantage of the most recent market decline. Bitwise Solana ETP Hits $100 Million AUM The Bitwise Solana Staking ETP (BSOL), tradable across major European exchanges, has crossed $100 million […]

Bitcoin breaks below $104K and Ethereum tumbles under $3,600 today, causing the total crypto market cap to crash more than 5% to $3.53 trillion. Traders are further bracing $5.72 billion in BTC and ETH options expiry. Is the “Uptober” narrative fading for a big crypto market crash? Selling pressure on BTC and ETH triggered a […]

The Bitcoin price has dropped by 5.13% in the past 24 hours to trade at $105,217.60, extending its recent correction. This decline comes as market sentiment cools following weeks of sustained bullishness across risk assets. Despite the retracement, long-term investors appear patient, waiting for signs of stabilization within key support zones. The current setup suggests […]