Crypto News
Newly Launched ETF Supercharges Microstrategy Bets: 1.75x Risk or Reward
Defiance ETFs has introduced MSTX, the first leveraged single-stock exchange-traded fund (ETF) focused on Microstrategy, offering 175% long daily exposure. This ETF targets sophisticated investors seeking amplified exposure to Microstrategy’s volatile performance. Defiance ETFs Launches Leveraged Microstrategy ETF in the U.S. The newly launched MSTX ETF provides 175% long daily targeted exposure to Microstrategy, aSource link
Stablecoin Supply Growth Isn’t Eating Into Crypto Market Share: JPMorgan
The share of stablecoins versus total cryptocurrency market capitalization is relatively unchanged this year, the report said.Source link
CoinDesk 20 Performance Update: LTC and ICP Take the Lead as Index Inches Higher
Litecoin gained 2.1% while Internet Computer rose 1.9% in overnight trading.Source link
Tough Times for Bitcoin Miners: First Half of August Yields Just a Fraction of July’s Profits
With the first half of August in the rearview mirror, it’s clear that bitcoin miners are facing a challenging month, having only accumulated 36.36% of the total revenue they made in July. A combination of bitcoin’s price fluctuations and reduced onchain fees has left miners in a much tighter spot. Bitcoin Miners Face a HardSource link
USDC Tap-to-Pay on Apple iPhone ‘Incoming Soon’: Circle CEO
Apple recently opened its NFC chip to third-party wallet developers, ending over a decade of Apple Pay exclusivity.Source link