The daily performance returns of these tokens will be tracked and generated through swaps, call options, and direct investments, per the filing.
Wintermute has launched a CFD tied to the GMUSA index, providing an easier way for traders to bet on the U.S. strategic crypto reserve.
In January 2024, Cramer said that bitcoin was likely topping out and called for an exit. The asset has surged more than 100% since.
KuCoin was used to launder billions in proceeds from darknet markets, malware, ransomware and fraud schemes, U.S. Attorney Danielle R. Sassoon said in a statement.
Ripple's CEO calls for a U.S. strategic bitcoin reserve that's includes more than one token.
The new Treasury Department chief didn't bring up crypto policy at his nomination hearing, but he'll have enormous reach into topics vital to the industry.
While some view it as a positive move for long-term growth, others worry it could lead to monopolistic behavior and harm innovation in the Solana ecosystem.
The selloff could provide traders an attractive entry opportunity in higher-beta altcoins such as Solana's SOL, which endured a double-digit pullback, one analyst said.
Representatives of the Department of Government Efficiency have spoken with leaders of several public blockchains, people familiar with the matter told Bloomberg.
Overzealous hopes for Trump's crypto actions last week had primed the market for a pullback, but the decline could be already over, said Standard Chartered's Geoff Kendrick.