Bitcoin spent about nine months stuck below $110 K before finally pushing past that ceiling this month. The move up to $123,000 shows real buying power. According to EliteOptionsTrader, a crypto expert, many investors see this as the start of something bigger. Related Reading Key Catalysts Driving The Surge Based on examination by EliteOptionsTrader, one of…
Grayscale Asset Management has questioned the US Securities and Exchange Commission (SEC) decision to issue a stay on the application to convert the Digital Large Cap Fund (DLCF) into an exchange-traded fund (ETF). In a July 8 letter, Grayscale’s legal team argued that the SEC exceeded its authority, as the application had already been approved…
Tuttle Capital has filed an amendment to shift the effective date for a series of crypto and meme-related leveraged exchange-traded funds (ETFs) to July 16. This move, first reported by Bloomberg’s ETF analyst Eric Balchunas on July 1, could signal the imminent launch of 10 new leveraged funds. These ETFs are poised to offer double…
A new filing shows Trump Media & Technology Group moving into both crypto and telecom markets. The company behind Truth Social and Truth+ has asked the US Securities and Exchange Commission to register a Bitcoin and Ethereum ETF, according to reports. At roughly the same time, it unveiled plans for a $499 Trump‑branded smartphone and…
Ripple Labs and the US Securities and Exchange Commission (SEC) have jointly asked the Second Circuit Court to extend the suspension of the agency’s appeal. According to a June 16 court filing, both parties are pushing to delay the appeal to avoid further litigation following their previous settlement. This request follows an earlier effort to…
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A crypto whale, James Wynn, has taken a bold stance on Bitcoin by opening a $830 million long position on Hyperliquid, the decentralized derivatives exchange. On May 21, on-chain analyst EmberCN revealed that Wynn initiated a 40x leveraged long position totaling 7,764 BTC (valued at approximately $830 million) at an entry price of $105,033. His…
