Grayscale Investments Launches Ethereum Covered Call ETF
Grayscale Investments has launched the Grayscale Ethereum Covered Call ETF (ETCO) Thursday, an actively managed fund looking to generate current income while maintaining exposure to Ethereum, the second-largest cryptocurrency by market capitalization. Introducing the Grayscale Ethereum Covered Call ETF (ticker: $ETCO), strategically designed to maximize potential income generation on Ether exposure and distribute dividends biweekly. […]
Bittensor (TAO) Technical Outlook Suggests Rally Toward $460 Resistance
Bittensor (TAO) is facing consistent pressure in line with broader crypto market weakness. Over the past 24 hours, TAO has declined by nearly 1.37%. Looking at the weekly performance, the token has fallen 5.59%, highlighting ongoing downside pressure. At the time of writing, the token is trading at $317.97 with a market capitalization of $3.11
Trump-Linked American Bitcoin Stock Falls Below IPO Price After 15% Plunge
Shares of bitcoin miner American Bitcoin (ABTC) have dropped below its initial IPO price after falling 15% on Thursday, the day after its debut on the Nasdaq. ABTC was trading at $6.83 a share, down from its IPO price of $6.90. The company, which is 80% owned by Hut 8 and 20% by Donald Trump […]
DOT Slumps 4% as Support at $3.80 Level Fails
Polkadot’s DOT slipped 4% in the last 24 hours, dropping to $3.75 dragged down b a decline in the broader crypto market. The token’s trading range was $0.15, marking a 4% volatility spike, according to CoinDesk Research’s technical analysis model. Resistance held firm at $3.90, while DOT fell through the $3.80 support level. Technical structure […]
NFL Opener Draws $600K on Polymarket as Platform Targets $107B Sports Betting Industry
The National Football League (NFL) season begins Thursday night and bettors are rushing to crypto-based prediction market Polymarket to place their early-season slips. Already, more than $600,000 has been wagered on the opener between the Philadelphia Eagles and Dallas Cowboys, a sum that eclipses the roughly £150,000 ($201,000) taken in by Europe’s largest betting exchange, […]
Etherscan Expands to Sei Blockchain as Network’s Trading Volume Tops $1.3B
Popular Ethereum Virtual Machine (EVM) blockchain explorer Etherscan said it expanded to the Sei blockchain, bringing in a familiar way for users to track on-chain activity. The new tool, called Seiscan, adapts the widely used Ethereum block explorer to Sei’s EVM-compatible network, according to a blog post on Sei’s website. Etherscan functions as a search […]
Ukraine’s Crypto Tax Bill: A Strategy for Growth & Defense
Ukraine’s new crypto bill proposes an 18% income tax to regulate digital assets. The 5% military tax underscores Ukraine’s strategy to fund defense through digital assets. Ukraine’s crypto tax plan positions it as a top destination for global crypto investments. Ukraine’s parliament recently passed the first reading of a bill aimed at legalizing cryptocurrency taxation. […]
Bitcoin Traders Brace for NFP Shock With Hedging Plays
As the August U.S. nonfarm payrolls report (NFP) nears, bitcoin (BTC) traders on the CME are snapping up inexpensive bearish bets by purchasing far out-of-the-money puts, hedging against the possibility of an unexpectedly strong jobs print that could trigger a sell-off in risk assets. The NFP, due Friday, is expected to show that the economy […]
You Won’t Believe How Much Of The Shiba Inu Supply The Top 10 Addresses Control
New data from Santiment has revealed that the top 10 Shiba Inu (SHIB) addresses control over 62% of the entire token supply. The crypto analytics platform shared the update on Tuesday, posting percentages of supply held by the top blockchain wallets of popular Ethereum-based tokens on X. Santiment Data Reveals Top 10 Wallets Hold Over […]
CertiK Approved, Halborn Audited: Why BlockDAG Is Safer Than Most Networks Out Right Now!
In crypto, security often shows up late to the party, patched in after bugs or breaches leave damage. But BlockDAG isn’t waiting for trouble to knock. Instead, it’s making security a core part of the presale roadmap. While most projects delay protection until they’re already live, BlockDAG is doing the opposite, bringing it front and […]
Crypto for Advisors: The Mechanics of Generating Yield On-Chain
How does decentralized finance (DeFi) work? In today’s Crypto for Advisors newsletter, Elisabeth Phizackerley and Ilan Solot and from Marex Solutions co-authored this piece about the mechanics of a DeFi transaction using Ethena, Pendle and Aave and how they all work together to create investment yields. Then, DJ Windle breaks down the concepts and answers […]
U.S. SEC’s Atkins Posts Agency’s Near-Term Agenda Jammed With Crypto Efforts
As he’d signalled, Securities and Exchange Commission Chairman Paul Atkins is loading his agency’s policy agenda with crypto work, according to the program disclosed on Thursday, revealing what the chairman called a “new day” for the sector. “The agenda covers potential rule proposals related to the offer and sale of crypto assets to help clarify […]