Cryptocurrency experts have warned against the use of double-leveraged Bitcoin (CRYPTO: BTC) exchange-traded funds, emphasizing that these are designed for short-term trading strategies due to their daily rebalancing and inherent volatility. While the long-term investors risk significant losses. What Happened: The double-leveraged ETFs tracking Strategy Inc. (NASDAQ:MSTR), formerly MicroStrategy,...

Meme coins were the fastest-growing sector in 2024, with an over $100B or 1,500% cumulative market cap increase. In contrast, Bitcoin’s market cap didn’t even grow 200%. The second top gainer was the RWA (Real-World Asset) token sector with a roughly 900% increase. While trading activity slowed down in...

Consensys boss Joseph Lubin says decentralization could finally bring “real capitalism,” responding to Vitalik Buterin’s seemingly meta-ironic “make communism great again.” Joseph Lubin, the chief executive of Consensys, has weighed in on Ethereum co-founder Vitalik Buterin‘s recent tongue-in-cheek “make communism…...

By James Van Straten (All times ET unless indicated otherwise) After Wednesday’s unexpectedly high consumer price inflation (CPI) figures, all eyes now turn to the produce price report due at 8:30 a.m. Analysts expect year-over-year PPI to come in at 3.2%, below December’s 3.3%, with a month-on-month reading of...

U.S. spot-listed bitcoin (BTC) exchange-traded funds (ETFs) have seen three consecutive days of outflows totaling $494 million. Wednesday’s outflows were the largest of the three, with $251 million, which saw BlackRock’s iShares Trust (IBIT) register a $22.1 million outflow, with Fidelity Wise Origin Bitcoin Fund (FBTC) registering the largest...

US-based investment management firm ARK Invest’s CEO, Cathie Wood, predicts that Bitcoin (BTC) is on track to reach $1.5 million by 2030. In a recent YouTube video, Wood stated that despite the market’s temporary pullback, the odds of BTC hitting this ambitious price target have increased. Wood Doubles Down...

Uniswap’s DeFi success highlights the power of utility and community, while BeerBear’s gamified token and structured presale are capturing investor interest. #partnercontent...

Binance Coin (BNB) has overtaken Solana (SOL) in market capitalization, solidifying its position as the fifth-largest cryptocurrency in the market. This shift comes in the wake of a strong price rally for BNB, while Solana struggled with recent declines. BNB Up, Solana Down At the time of this writing,...

Former Binance CEO Changpeng ‘CZ’ Zhao is mulling over the crypto community’s offer to turn his dog into a meme coin. On Feb. 13, CZ replied to a series of posts on X by crypto traders asking for the name…...

Decentralized lending protocol Liquity has seen over $17 million in withdrawals after urging users to exit its v2 stability pools due to an ongoing investigation into a potential threat. According to DefiLlama, an upward of $17 million has left the…...