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Tag: News

Global X Debuts Covered Call Bitcoin ETF, Aims To Keep Volatility In Check

June 4, 2025
Investors increasingly seek structured exposure to the crypto market without the rollercoaster of direct ownership, and Global X Management Company LLC is offering a solution. What Happened: The Global X Bitcoin Covered Call ETF (NASDAQ:BCCC), a new ETF, combines Bitcoin-linked exposure with an actively managed covered call strategy. It’s...
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Russia’s War On Illegal Mining Heats Up With Bitcoin Raids

June 4, 2025
A former electric‐grid executive in Russia has lost roughly ₽7 million (about $88,570) in Bitcoin after law enforcement agents seized his stash. According to a press release from the Investigative Committee for the Amur Oblast, the man—once in charge of technological connection services at the Far Eastern Distribution Company—used...
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Bitcoin, Ethereum, XRP, Dogecoin Trade Mixed As Traders Warn Of Overtrading

June 4, 2025
The cryptocurrency market showed mixed signals Tuesday, with major crypto tokens holding key support levels despite a modest pullback in the overall market cap. Cryptocurrency Price    Gains +/- Bitcoin (CRYPTO: BTC)  $104,948.14 -1.2% Ethereum (CRYPTO: ETH)  $2,627.91 -0.2% Solana (CRYPTO: SOL)  $155.55 -3.2% XRP (CRYPTO: XRP)  $2.22 -1.8% Dogecoin...
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Fed Beige Book flags modest decline in activity, stable labor market

June 4, 2025
In a live reaction to the Federal Reserve’s Beige Book release Wednesday afternoon, Bloomberg’s Federal Reserve and economics reporter Catarina Saraiva highlighted an increasingly cautious mood across U.S. businesses and consumers. Saraiva stated the Federal Reserve’s Beige Book is “pretty…...
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South Korea Elects Crypto-Friendly Lee Jae-myung as New President

June 4, 2025
Crypto-friendly Lee Jae-myung was elected as South Korea’s new president on Wednesday, defeating the incumbent Conservative Party’s leader Kim Moon-soo. During the election Lee made a number of promises to South Korea’s crypto industry, appealing to the nation’s 15 million crypto investors. These included legalizing spot cryptocurrency exchange-traded funds...
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