NEOS files to launch a “High Income” Ethereum ETF, using indirect ETP exposure to generate higher yields at an increased risk. The firm will create this opportunity through a system of puts and calls. ETF analysts have theorized that Ethereum’s recent performance has encouraged this market to specialize. If institutional inflows continue at high rates,…
The US CPI data scheduled to be released this week will be a key moment for the crypto market, as it could impact the tokens for good or for worse. Some crypto tokens that have been noting bullshness this past week might manage to stay afloat or even continue rallying. In line with this, BeInCrypto…
The crypto market has been showing signs of strength lately, and Dogecoin hasn’t been left out. The meme coin has jumped more than 16% in the past week, but over the last day, it’s been moving sideways. Some on-chain and chart signals suggest sellers could be gearing up to take profits, leading to a short-term…
Call it an overturn, or even an upending. But most people refer to the concept of Ethereum’s market capitalization overtaking Bitcoin as “the flippening”. The question is, with ETH surging over $4,300 and fast approaching its all-time high of $4,878, could the flippening actually happen? Will Ethereum Eventually Take the Crown from Bitcoin? Ethereum’s current…
The July US Consumer Price Index (CPI) report will be released on August 12, and the crypto market is already showing signs of positioning ahead of this key economic event. On-chain data show that crypto whales have been strategically buying some altcoins in the lead-up to the release. Chainlink (LINK), Cardano (ADA), and the meme-based…
Do Kwon, founder of Terraform Labs, will plead guilty on several felony charges, including fraud, conspiracy, money laundering, and more. These charges, in total, could result in a maximum sentence of 100 years. It’s unclear whether he intends to make a plea deal or rely on the courts’ mercy. A Potential Plea Deal For Do…
As the second week of August begins, the total crypto market capitalization has surpassed $4 trillion, officially setting a new all-time high. With trading sentiment improving, bullish expectations deepen the imbalance between long and short positions. As a result, some altcoins could face significant liquidations this week if prices move against the expectations of short-term…
According to the latest report, the development address of TST — a meme token on BNB Chain — sold over $30,400 tokens, completely exiting its TST position. This is especially notable because Binance founder CZ previously claimed that TST was only a test token used in BNB Chain’s tutorial video, and that the team had…
With August underway, a bunch of crypto tokens are set to witness major network development in the coming days. The bullish weekend further fueled the fire, and now many altcoins are looking at gains. BeInCrypto has analysed three such top altcoins that are important for investors to watch this week. Stellar (XLM) Stellar is set…
As Bitcoin price surges above $120,000 again, MicroStrategy and Trump Media are laying the groundwork for huge investments. The President’s media firm amended its Bitcoin ETF application in a latest SEC filing. MicroStrategy, for its part, made a relatively small purchase last week. This follows a massive investment the week prior, however, and the firm…