Crypto News
Investors Pull $326 Million From Bitcoin ETFs Amid Tariff Angst
Tuesday’s drawdown was the most pronounced pullback in nearly a month.Source link
Yield Shock: 30-Year US Treasury Note Sees Largest Weekly Jump Since 1981
On Wednesday, as President Donald Trump’s tariffs officially went into effect, long-term bond yields began charting a steady climb toward historic peaks. Recent figures reveal that the yield on the U.S. 30-year Treasury note experienced its most significant weekly rise since 1981. Basis Trade Dysfunction Sends Shockwaves Through Markets Trump’s trade conflict has unsettled financialSource link
First XRP ETF in U.S. Racks up $5M on Debut in Teucrium’s ‘Most Successful Launch’
Teucrium Investment Advisors' 2x Long Daily XRP exchange-traded fund (XXRP), the first leveraged XRP product in the U.S., racked up $5 million in trading volume on its Tuesday debut, becoming one of the company's "most successful" introductions and posting a top 5% performance for a new ETF.The ETF is designed to deliver twice the daily returns of XRP through swap agreements. With no suitable US-listed spot XRP ETFs available, the swaps’ reference rates incorporate several European exchange-traded products.The change in U.S. government and its more pro-crypto stance helped bring the ETF to market. The filing for the ETF took place right after the prior Securities and Exchange Commission (SEC) administration exited, and as soon as the standard 75-day review period...
CoinDesk 20 Performance Update: SUI Drops 3.8% as Index Trades Lower from Tuesday
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 2164.45, down 0.9% (-20.67) since 4 p.m. ET on Tuesday.Six of the 20 assets are trading higher.Leaders: LTC (+1.7%) and LINK (+1.7%).Laggards: SUI (-3.8%) and XLM (-2.7%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link
Quarter of All Bitcoin Investors Underwater as BTC Price Lags: CrypoQuant
Vastly more BTC purchases are in the red than in January, but holdings are still faring better than during previous crypto crashes.Source link