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Bitwise has introduced three new actively managed ETFs focused on generating income from crypto-related stock volatility. The crypto ETFs use synthetic covered call strategies to collect premiums while limiting exposure to sharp upward price movements. IMST targets Strategy’s volatile stock to generate monthly income through advanced algorithmic options trading.
BTC price action is back in bearish territory now. Is the leverage shakedown over? Bitcoin’s estimated leverage ratio extends decline. Whale activity on the rise signaling accumulation.
FIL witnessed a major price surge after its listing on Upbit exchange, along with a notable surge in development activity.
Cardano (ADA) is hovering around the $0.65 support level, with the analyst warning of a possible 10% drop, but also eyeing a potential rebound to $1.
- 22:32BUILDon officially rebrands as BUILDON GALAXY, with the first Launchpad of the USD1 ecosystem set to go live soonBUILDon has officially rebranded as BUILDON GALAXY and announced the upcoming launch of the first Launchpad in the USD1 ecosystem. The platform will focus on high-quality projects, offering rigorous screening, multi-chain deployment, flexible launches, and ongoing market support, injecting new momentum into the USD1 ecosystem.
- 21:42USDC Usage on Ethereum Hits Record High with 21.7 Million Transactions This QuarterAccording to a report by Jinse Finance, citing Cointelegraph, USDC usage on Ethereum has just reached a new record, with a total of 21.7 million transactions this quarter and a transfer volume of $1.77 trillion.
- 21:21Bitcoin Mining Heatmap Shows the US Temporarily in the Lead, but Russia Is Growing RapidlyAccording to a report by Jinse Finance, data from hashrateindex.com’s global Bitcoin mining heatmap shows that the United States currently has a hashrate of 323.4 EH/s. Although its share has slightly declined, it still maintains a leading position in overall hashrate. Russia’s share has increased by 6.12%, surging from 15.652% to 16.61%, and it now holds a raw hashrate of up to 150 EH/s, ranking second. China’s share has risen slightly from 13.727% to 13.84%, with a current hashrate of 125 EH/s, ranking third. Paraguay accounts for 3.87% of the global total, equivalent to 35 EH/s, while the United Arab Emirates (UAE) holds a 3.54% share, with a hashrate of about 32 EH/s.