Author: John Smith
Canada’s ETF market may soon feature leveraged crypto funds as Evolve Funds moves to launch new Bitcoin and Ethereum products. For quite some time, Canada‘s crypto exchange-traded fund scene has been losing investors to the U.S. as lower fees, higher trading volumes, and the launch of spot Bitcoin ETFs in the U.S. have drawn capital away from Canadian funds. Now, Evolve Funds is making a play to bring them back — with leverage. The Toronto-based firm has filed a preliminary prospectus to launch Canada’s first leveraged crypto ETFs, The Globe and Mail has learned. If approved, the Evolve Levered Bitcoin…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XRP and Yeti Ouro are set for major gains in 2025, with XRP targeting 5x growth and YETIO aiming for a major surge through gaming rewards. As 2025 begins, investors expect XRP to reach new price heights. Ripple’s XRP plans to multiply its value by five because of better regulations and more uses in finance. Yeti Ouro (YETIO), a token that offers rewards through games, promises to increase tenfold before December. A mix of legal support for XRP, and…
Elon Musk’s post on law enforcement taking actions against Reddit users targeting DOGE employees sparked a 5% rise in his favorite coin. On Feb. 4, Head of Department of Government Efficiency Elon Musk responded to a post from a popular Reddit account, Reddit Lies, exposing multiple anonymous Reddit users for threatening employees of the Musk-led department with violence. A lot of the posts call for the execution of said employees and hints at targeting them by finding out where they live. Musk shared the post with his followers with the caption “They [Reddit users] have broken the law” by threatening…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The Federal Reserve has a tall order: protecting the US dollar, which is quickly losing its value as BRICS nations explore a post-dollar world. From the Federal Reserve’s perspective, the outlook is unclear because Trump’s policy plans remain unclear. As far as anyone knows, a severe market crash à la 2008 could be on the horizon. The business cycle theory suggests these crashes are a natural part of economic activity. A crash is seemingly always lurking beneath…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. iDEGEN is shaking up the AI meme coin market, drawing massive investor interest with its viral presence and rapid expansion into Canada. iDEGEN has been making a serious impression on the $5 billion AI meme coin sector. An AI agent trained from scratch by crypto degens, iDEGEN has rapidly evolved into a controversial, attention-grabbing model on the market. Having already raised a whopping $19m in the presale of its native IDGN token, iDEGEN is now set for a new…
Crypto analyst Miles Deutscher pointed out that the reason altcoin season hasn’t started yet is that speculative capital has shifted from major altcoins to on-chain low-cap meme coins. The much-anticipated altcoin season has yet to materialize, and Miles Deutscher believes he knows why. In his recent post on X, Deutscher pointed to the rise of Pump Fun, a platform facilitating easy on-chain meme coin creation, as the key factor diverting capital away from major altcoins. The launch of Pump Fun is directly correlated to the destruction of the altcoin market vs $BTC. 👇The reason we’ve seen no major “alt season”…
United States-based cryptocurrency ATM operator Bitcoin Depot has expanded its Bitcoin holdings, reinforcing its commitment to the leading digital asset. According to a Feb. 3 announcement, the publicly traded firm acquired an additional $5 million worth of Bitcoin, bringing its total treasury holdings to 71.5 BTC, valued at over $7 million based on prices at the time of writing. Commenting on the latest acquisition, Bitcoin Depot CEO Brandon Mintz said it reflects the company’s “long-standing belief in Bitcoin as a significant financial asset and a store of value.” He added that the move also allows shareholders to benefit from any…
Wrapped Bitcoin by BitGo can now move from Ethereum to Sui via Sui Bridge, expanding BTCfi for the Sui ecosystem. The price of Sui (SUI) surged to $3.37 on Tuesday, Feb. 4, gaining 8.5%, following the news that Sui Bridge now supports Wrapped Bitcoin (wBTC). With the integration, users can now move Bitcoin (BTC) from Ethereum (ETH) to the Sui network. In a blog announcement on Feb. 3, the Sui team said that the network is turning wBTC into a “fully composable asset.” Users can now lent, borrow, trade, or put their wBTC to work in various decentralized finance apps,…
The Ethereum network has recently raised its gas limit to more than 30 million with over 50% of validators indicating the change. According to data from gaslimit.pics, the average gas limit in the Ethereum (ETH) network has nearly reached 32 million gas units within the past 24 hours, surpassing the previous 30 million gas limit. Traders on X expect it to go up even further to a max capacity of 36 million gas units. This marks the first time the ETH network has enacted such a change since the implementation of its proof-of-stake consensus mechanism. At the time of writing,…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Rexas Finance aims to compete with meme coins like Pepe by combining real-world asset tokenization with blockchain solutions. Many crypto enthusiasts remember 2024 for Pepe Coin’s 1600% rally, turning small investments into life-changing riches. Community enthusiasm and speculative fervor made this meme coin a brilliant example of cryptocurrency’s volatility. As with other parabolic runs, many regretted not acting sooner. Fast-forward to 2025, and a new rival has arrived with the potential to compete with Pepe Coin. Rexas Finance (RXS),…