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Cboe Global Markets plans to launch the first cash-settled index options that will reflect the price of spot Bitcoin. The Cboe Bitcoin U.S. ETF Index, with the ticker CBTX, will track the performance of spot Bitcoin (BTC) exchange-traded funds listed in the U.S. The product will be regulated by the…

As Securities and Exchange Commission (SEC) Chair Gary Gensler prepares to leave his post behind, a cryptocurrency targeted under his leadership is staging a notable climb. Used prominently by fintech firm Ripple Labs, the price of XRP popped Thursday as Gensler said he would resign from his leadership position at…

Ethereum Spot ETF inflows surged to $91.2 million, reversing six consecutive days of outflows. BlackRock’s Ethereum ETF (ETHA) significantly contributed to this trend. The exchange-traded fund saw a notable single-day inflow of $99.67 million, reinforcing Ethereum’s position in institutional portfolios. This inflow pushed its total historical net inflow to $1.80…

Will the massive bullish engulfing candle prolong the uptrend in the Jito (JTO) token to create a new all-time high? Over the past 24 hours, the JTO token has surged nearly 20%, bringing its market capitalization closer to the $500 million mark. With this momentum, trading volume has soared by…

Donald Trump, the President-elect of the United States, has nominated Scott Bessent as Treasury Secretary for his administration. This decision has generated enthusiasm in the emerging industry due to Bessent’s pro-crypto reputation. Bessent and Cantor Fitzgerald CEO Howard Lutnick had been considered strong favorites for the position. However, Lutnick was…

As I’ve explained previously, I don’t think Donald Trump actually gives a damn about Bitcoin; at best, he’s a shitcoiner who wants in on the scam. Having said that, it is fair to say that Trump adopted a pro-crypto stance during his campaign. And indeed, his promise at Bitcoin 2024…