How US-China Conflict Rocked Ethereum: Price Drops and Derivatives Market Cools

Last Friday, trade tensions between the US and China suddenly escalated, triggering the largest cryptocurrency liquidation event in history. As a result, Ethereum, the second-largest digital asset, saw its value drop significantly, breaking important technical support levels and causing a big dip in the derivatives market. A Technical Narrative...
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Amplify’s New Ethereum ETFs Turn Crypto Chaos Into Cash Flow

When most crypto investors consider Ether‘s (CRYPTO: ETH) volatility, they often experience heartburn. But Amplify ETFs sees opportunity in the yield. On Oct 9, the Chicago issuer launched two Ether-centered funds, the Amplify Ethereum 3% Monthly Option Income ETF (BATS:ETTY) and the Amplify Ethereum Max Income Covered Call ETF (BATS:EHY), that seek...
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Rootstock plans unlock $260b in idle institutional Bitcoin

RootstockLabs launched Rootstock Institutional, aiming to deploy $260 billion in institutional Bitcoin into DeFi. Over 2.6 million Bitcoin (BTC) held by institutions remains idle, but this could soon change. On Tuesday, October 14, RootstockLabs, a key contributor to Rootstock, the…...
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Celsius Wind-down Secures $300M From Tether, Say GXD Labs, VanEck

The wind-down of defunct crypto lender Celsius coughed up almost $300 million from Tether , according to a Tuesday statement from an entity set up by GXD Labs and VanEck, the Blockchain Recovery Investment Consortium. GXD Labs , a subsidiary of Atlas Grove Partners, and asset manager VanEck established...
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