Ethereum Whales Moved 33,622 ETH ($213M) to Coinbase, Could Signal Sell Pressure Amid Market Rebound

Ethereum whales transferred 33,622 ETH (about $213M) to Coinbase on August 27, signaling potential sell pressure as large holders move funds to an exchange during a market rebound; this on-chain

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BitMine Buys 42,867 ETH from FalconX in 13 Hours — 179,474 ETH This Week, Reserves Hit 1.893M ETH (~$8.56B)

According to COINOTAG News on August 28 and on-chain analyst Yu Jin, BitMine (ticker BMNR) received 42,867 ETH—approximately $198 million—from FalconX within a 13‑hour window. The on‑chain report indicates BitMine

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Bitcoin Price Struggles to Rebound – Signs of a Bigger Crash Ahead?

Bitcoin price is showing bearish signs below $113,000. BTC is struggling to recover and might start another decline below the $110,500 zone. Bitcoin started a recovery wave from the $108,750 zone. The price is trading below $112,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $111,350 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $113,000 resistance zone. Bitcoin Price Attempts Fresh Increase Bitcoin price extended losses after close below the $112,000 level. BTC gained bearish momentum and traded below the $111,500 support zone. There was a move below the $110,500 support zone and the 100 hourly Simple moving average. The pair tested the $108,750 zone. A low was formed at $108,734 and the price recently started a recovery wave. There was a move above the $112,000 level. The price surpassed the 23.6% Fib retracement level of the key drop from the $117,354 swing high to the $110,734 low. Besides, there was a break above a key bearish trend line with resistance at $111,350 on the hourly chart of the BTC/USD pair. Bitcoin is now trading below $112,500 and the 100 hourly Simple moving average . Immediate resistance on the upside is near the $112,500 level. The first key resistance is near the $113,000 level or the 50% Fib retracement level of the key drop from the $117,354 swing high to the $110,734 low. The next resistance could be $114,000. A close above the $114,000 resistance might send the price further higher. In the stated case, the price could rise and test the $115,000 resistance level. Any more gains might send the price toward the $115,500 level. The main target could be $116,500. Another Decline In BTC? If Bitcoin fails to rise above the $113,000 resistance zone, it could start a fresh decline. Immediate support is near the $110,600 level. The first major support is near the $109,500 level. The next support is now near the $108,750 zone. Any more losses might send the price toward the $107,100 support in the near term. The main support sits at $105,500, below which BTC might accelerate lower. Technical indicators: Hourly MACD – The MACD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $110,600, followed by $109,500. Major Resistance Levels – $112,500 and $113,000.

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Circle taps Mastercard and Finastra to push USDC into global payments

Circle, the company behind USD Coin (USDC), is pushing to make stablecoins a mainstream tool in traditional banking. The firm is announcing new partnerships with Mastercard and Finastra to integrate USDC into payment flows for merchants and banks worldwide. These partnerships represent one of the most aggressive efforts yet to expand the use of stablecoins in everyday financial services . They arrive when regulators and banks are increasingly interested in how digital currencies can speed up settlement and reduce costs. Mastercard announced that acquirers and merchants in Europe, the Middle East, and Africa (EMEA) will now be able to settle transactions in USDC and Euro Coin (EURC). It is the first time that settlement with stablecoins will be available on Mastercard’s regional network. Arab Financial Services and Eazy Financial Services will initially launch the service. For merchants, this means payment can be cleared and settled faster and more efficiently than with conventional systems, many of which rely on intermediaries and protracted clearing cycles. The service will help companies reduce friction and smooth liquidity, Mastercard said. Stablecoins can drive down the time and cost —and frankly make it easier — for international settlements and merchants to receive money in an environment where they never go to their correspondent bank. Mastercard demonstrates confidence in digital assets as an adjunct to current payment rails by piloting stablecoin settlement in emerging markets. If it works, the model could spread to other areas. Finastra brings USDC to cross-border payments. Finastra, one of the largest financial software firms in the world, has added support for USDC to its Global PAYplus payment solution. This platform is of such wide use among banks that it handles over $5 trillion in cross-border transactions daily. The integration also means that banks in at least 50 countries can settle payments in USDC even if the payment instructions are written in a legacy fiat currency, such as the dollar, euro, or British pound. For the banks here, this is a big blow. They can use Circle’s blockchain-based settlement solution without changing their infrastructure. The plug-in solution enables them to provide quicker and more cost-effective international payments and keep up with the financial industry standards. Finastra said the partnership offers a way for banks to innovate in cross-border payments, at scale. It also makes stablecoin use cases more feasible by plugging directly into legacy bank rails. Circle drives global adoption of USDC Circle’s activities with Mastercard and Finastra are part of a broader wave of efforts to grow USDC adoption worldwide. The development comes after the July passage of the GENIUS Act, which sets a federal framework for stablecoins in the U.S., the first of its kind in the country, and Circle’s accelerating tie-ups with key financial players. Circle teamed up with crypto exchange OKX in July to allow zero-fee USDC conversions into U.S. dollars. This pumped up USDC liquidity in Asia, the Middle East, and Europe. South Korea’s top banks, KB Kookmin, Shinhan, Hana, and Woori, are reportedly preparing to meet with Circle to explore a potential partnership in the stablecoin market. The meeting, scheduled during Tarbert’s visit to Seoul this month, is part of South Korean banks’ push to enter the stablecoin sector as the country moves toward establishing a regulatory framework for digital assets. As reported by Cryptopolitan earlier last week, major commercial banks in South Korea are ramping up preparations for stablecoin issuance ahead of upcoming legislation to shape the sector. Sources indicate that discussions have focused on potential collaborations with domestic fintech and tech giants as well as with international issuers of dollar-backed stablecoins, such as Circle. Circle also teamed up with SBI Group, Ripple, and Startale in Japan to further USDC uptake and create a tokenized asset platform for real-world assets. Together, these moves suggest a clear strategy: Embed USDC into the world’s financial arteries, from merchant settlements to cross-border banking. The smartest crypto minds already read our newsletter. Want in? Join them .

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Could Pi Network Land On Coinbase? Hackathon Winner Thinks So

Pi’s open source progress has climbed to 90%. According to reports, the project is being pushed toward a public code release that many in the community expect by September 2025. Related Reading: Dogecoin Gears Up For Triple Surge Vs. Bitcoin – Details That figure has raised hopes that outside developers will soon be able to inspect and build on parts of the system. Coinbase Listing Claims Surface According to posts on X, a 2021 Pi Network Hackathon winner called Pi Barter Mall suggested a Coinbase listing could be in the offing. The comment touched off fresh debate among users who have been watching for the Pi coin to reach major global exchanges. Coinbase’s CLO, Paul Grewal, posted a Pi Day image back in March that showed purple pies with the Pi logo. It was not a formal announcement. But it did rekindle rumors and talk across social channels. Analysts say a listing on a large exchange could boost liquidity and public visibility for Pi Coin. $PI listing on @coinbase Coinbase is coming soon! Get ready! 🚀🚀🚀🚀#PiNetwork #PiCoin #PiCrypto #PiChainMall #PiBarterMall #Pi2Day #PiHackathon #PiKYC #PiMainnet #PiCoreTeam #PiCommunity #PiLockup #PiMining #PiWallet #PiApp #PiDevelopers #PiBlockchain #MinePi… pic.twitter.com/nUtbxo7i5J — Pi Barter Mall/Pi Network 来购酷买 (@pibartermall) August 26, 2025 Developer Access Increasing, Core Protocol Still Closed Based on reports, PiOS — the project’s open-source layer — is being opened up to developers while the blockchain’s core protocol remains closed for now. Access to PiOS has been used to run new hackathons. One such event aims to get apps working with Pi in everyday transactions. Community moderators have suggested the open-source move could arrive before the end of the year, though the Pi Core Team has not confirmed specific dates. Questions that have long lingered about code transparency are expected to be addressed once more of the code is public. Binance And Swapfone Developments Screenshots have circulated showing Binance Connect and Binance P2P support options appearing inside the Pi Wallet’s Help & Support menu. That detail prompted discussion about a potential Binance integration, but users also pointed to hurdles that have slowed any listing. A lack of clear utility and concerns over decentralization were cited as reasons for delays. Meanwhile, practical steps have been taken elsewhere: Pi Coin secured a listing on Swapfone, a US-regulated, mobile-focused exchange, which launched a PI/USDS trading pair in July. Small Steps Toward Broader Exposure The Swapfone listing was described by some community members as Pi’s first meaningful move into the US trading scene. It is small in scale when compared with top global exchanges, but it is a footprint on American rails. Related Reading: XRP’s Biggest Doubter Just Dropped Close To $5 Price Bomb — Here’s Why Market watchers say listed trading pairs like PI/USDS can help price discovery, even if volumes remain modest at first. The overall picture is a mix of incremental progress and open questions. Featured image from Unsplash, chart from TradingView

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MAGACOIN FINANCE Joins Top Crypto Presales for Q4 2025 — Analysts Confirm $13M Already Raised

The final quarter of 2025 is already shaping up to be one of the most exciting in recent memory for crypto investors. Presales are back in the spotlight, and analysts are pointing to a select few projects as the top crypto presales worth watching. Among them, MAGACOIN FINANCE has become a breakout star, with its presale raising more than $13 million . Often compared to the early stages of legendary projects like Dogecoin and Shiba Inu, MAGACOIN FINANCE is drawing strong attention as one of the best crypto presale opportunities of the year. Alongside it, Bitcoin Hyper (HYPER) has crossed $11.2 million in presale funding with its ambitious Bitcoin layer-two solution, while TOKEN6900 (T6900) is making waves as a viral meme coin raising over $2.3 million . Together, these three projects are dominating discussions around the top crypto presales to watch this quarter. MAGACOIN FINANCE Presale: A Standout Performer Smart investors are calling MAGACOIN FINANCE one of the top crypto presales in Q4 2025 , thanks to its rapid fundraising momentum and strong grassroots appeal. Early-stage investors have already committed over $13 million , demonstrating confidence in the project’s ability to replicate the early success of past meme coin giants. MAGACOIN FINANCE has quickly built a reputation as a safe and reliable project. It recently passed an independent smart contract audit by HashEx, giving investors added confidence that the code is secure and free from major risks. Beyond the audit, the team has been open about its plans, sharing a clear roadmap that outlines every stage of development. This level of transparency, combined with strong community backing, makes MAGACOIN FINANCE stand out as a trustworthy presale in today’s market. Analysts also note that whale wallets have started accumulating MAGACOIN FINANCE tokens quietly — a signal often seen before explosive breakouts. With retail hype growing and presale allocations filling fast, MAGACOIN FINANCE is now widely ranked as a best crypto presale to watch this quarter. Bitcoin Hyper (HYPER): A DeFi-Ready Layer 2 for Bitcoin Another project grabbing attention among the top crypto presales is Bitcoin Hyper (HYPER) , which has already raised over $11.2 million in its presale. Unlike traditional meme coins, Bitcoin Hyper is building a layer-two (L2) scaling solution for Bitcoin , designed to fix slow speeds and high fees. Key highlights for HYPER include: Integration with Solana Virtual Machine (SVM): Brings high throughput and scalability to Bitcoin. Zero-Knowledge Proofs: Bundles transactions and settles them securely on Bitcoin’s base layer. Utility Features: Staking, governance, and dApp deployment are all planned. High APY Potential: Token holders can earn up to 98% APY from staking rewards. With Bitcoin continuing its long-term upward trajectory, HYPER offers a unique value proposition as both a utility token and an investment play. Many analysts believe this makes Bitcoin Hyper one of the best crypto presale opportunities for long-term growth. TOKEN6900 (T6900): Meme Coin Madness with Marketing Power If you’re looking for pure meme-driven energy, TOKEN6900 (T6900) is quickly earning a reputation as one of the top crypto presales this year. Branding itself as the “New Global Benchmark for Brain Rot Finance,” T6900 has already raised $2.3 million in its presale. What sets TOKEN6900 apart is its unapologetic focus on marketing: 40% of Presale Funds for Marketing: Ensuring high visibility and viral campaigns. Inspired by SPX6900: A meme token that delivered nearly 100,000% returns. Total Supply Joke: Set at 930,993,091 — exactly one token more than SPX’s supply. Staking Rewards: Token holders can earn up to 33% APY , with 139 million tokens already staked. Analysts believe T6900 could easily be 10x due to its community-driven hype and aggressive marketing tactics. While speculative, its potential makes it a best crypto presale for high-risk, high-reward investors. Final Thoughts: Best Crypto Presales in Q4 2025 The fourth quarter of 2025 is definitely filled with opportunities that exceed expectations, but there are three projects that are distinctly rising above the rest to become the best crypto presales. MAGACOIN FINANCE — A viral meme coin presale already past $13M. Bitcoin Hyper (HYPER) — A DeFi-ready Bitcoin L2 solution with $11.2M raised. TOKEN6900 (T6900) — A chaotic, meme-fueled project with bold marketing power. For investors seeking the best crypto presale opportunities this quarter, these three projects offer very different strengths — from meme-fueled hype to groundbreaking utility. With MAGACOIN FINANCE leading the charge past $13M, the retail buzz is undeniable. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Telegram: https://t.me/magacoinfinance Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post MAGACOIN FINANCE Joins Top Crypto Presales for Q4 2025 — Analysts Confirm $13M Already Raised appeared first on Times Tabloid .

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Iran’s Crypto Sector Suffers 11% Decline Following $90-M Exchange Hack

According to reports, Iran’s on-chain crypto activity fell sharply in the first half of 2025. Inflows totaled $3.7 billion in the first seven months, a 10% drop from the same period in 2024. The slump accelerated after April: June flows contracted 50% year-on-year and July tumbled 75%. Major Exchange Breach Shakes Trust Based on a TRM Labs report , a major security breach hit Nobitex on June 18. Roughly $90 million was taken from hot wallets, source code was leaked, and some stolen coins were steered to vanity addresses that referenced the Islamic Revolutionary Guard Corps. Outflows from the exchange spiked — more than 150% in the week before the fighting — as traders moved funds to what they saw as safer places. Trust, already fragile, was seriously damaged. Inbound Transactions Collapse As Users Withdraw Nobitex’s inbound transfers dropped by about 70% year-on-year after the breach. Some dormant Bitcoin wallets tied to mining activity were activated and later routed funds into a newly created hot wallet. Regulators responded by imposing overnight trading curbs designed to slow panic, but many users had already pulled funds offshore. Reports show a surge in transfers to foreign platforms and payment processors that have lighter identity checks. Stablecoin Freezes Strain Liquidity In July, Tether froze 42 wallets linked to Iran, removing a large chunk of usable stablecoin liquidity on local rails. More than half of those wallets had ties, on-chain, to Nobitex or addresses flagged with IRGC links, though ownership remains unclear. Tether also froze $27 million in USDT tied to Garantex , a sanctioned Russian exchange, an action that highlights the broad reach of compliance moves. The US Treasury blacklisted Garantex in 2022, and that prior action has had echoing effects on market behavior. Power Cuts And Conflict Worsen Market Stress The decline in flows came during a period of heightened regional tension. A 12-day conflict with Israel erupted in mid-June while nuclear talks stalled. Israeli strikes and internal disruptions led to widespread electricity outages. Mining rigs were idled. Trading became harder. For many traders, the safest option was to move funds off domestic rails; for others it was to switch stablecoins or chains. New Taxes Tighten The Grip In August, Iran approved the Law on Taxation of Speculation and Profiteering. The law brings capital gains taxes to crypto, gold, real estate, and forex. Enforcement will roll out in stages, but officials say oversight will increase. That policy move, combined with freezes and hacks, gives firms more reason to pause or shift operations. Featured image from Getty Images, chart from TradingView

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CRO Surges 37.6% to $0.2869 Near 3-Year High After Trump Media & Yorkville $1B CRO Treasury Deal

COINOTAG reported on August 28 that market data showed CRO surged about 37.6% in 24 hours to a high of $0.2869, approaching a near‑three‑year peak. The token previously initiated a

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Groundbreaking CIMG Bitcoin Acquisition: Nasdaq Firm Swaps $55M Stock for 500 BTC

BitcoinWorld Groundbreaking CIMG Bitcoin Acquisition: Nasdaq Firm Swaps $55M Stock for 500 BTC The financial world is buzzing with a truly exciting development! Nasdaq-listed digital healthcare innovator, CIMG, has announced a groundbreaking CIMG Bitcoin acquisition , signaling a significant pivot for the company and sending ripples across both traditional and cryptocurrency markets. This strategic move sees CIMG exchanging a substantial $55 million worth of its common stock for 500 Bitcoin (BTC), a decision that highlights the growing confidence of established firms in digital assets. What Does This CIMG Bitcoin Acquisition Entail? CIMG, a prominent player in the digital healthcare sector listed on Nasdaq, has formally entered into a purchase agreement with a group of nine investors. Under this agreement, the company will issue $55 million worth of its common stock. In return, these investors will provide CIMG with 500 units of Bitcoin. This substantial exchange is not just a simple trade; it’s a strategic shift for CIMG, aiming to diversify its treasury assets and potentially hedge against inflation. The transaction is currently on track to finalize in early September, pending customary closing conditions. For many, this CIMG Bitcoin acquisition marks a clear statement: digital assets are no longer a niche interest but a legitimate component of corporate financial strategy, even for companies outside the direct tech or finance sectors. Why Are Companies Like CIMG Embracing Bitcoin Now? The decision by a Nasdaq-listed entity like CIMG to hold Bitcoin on its balance sheet reflects a broader trend of institutional adoption. Several factors drive this shift: Inflation Hedge: Many companies view Bitcoin as a potential store of value and a hedge against the depreciating purchasing power of fiat currencies, especially in the current economic climate. Diversification: Adding Bitcoin can diversify a company’s treasury holdings beyond traditional assets, potentially offering new avenues for growth and risk management. Innovation and Future-Proofing: Embracing digital assets can position a company as forward-thinking and innovative, appealing to a new generation of investors and customers who are increasingly familiar with cryptocurrency. This strategic CIMG Bitcoin acquisition demonstrates a belief in Bitcoin’s long-term value proposition and its role in the evolving global financial landscape. What Are the Potential Benefits and Challenges of This Move? For CIMG, the benefits could be substantial. A successful Bitcoin holding could appreciate in value, enhancing the company’s balance sheet. It also sends a strong signal to the market about CIMG’s willingness to innovate and adapt. However, this bold step is not without its challenges: Price Volatility: Bitcoin is known for its price fluctuations, which could introduce volatility to CIMG’s financial statements. Regulatory Uncertainty: The regulatory landscape for cryptocurrencies is still evolving, posing potential compliance challenges. Market Perception: While many will view this positively, some traditional investors might be wary of the perceived risks associated with digital assets. Despite these challenges, CIMG’s leadership appears confident in the long-term strategic value of this CIMG Bitcoin acquisition . How Does This CIMG Bitcoin Acquisition Impact the Broader Market? A move of this magnitude from a Nasdaq-listed digital healthcare company is a powerful endorsement for the entire cryptocurrency ecosystem. It reinforces the narrative that Bitcoin is maturing as an asset class and gaining mainstream acceptance. Other companies, observing CIMG’s bold stride, might feel encouraged to explore similar strategies. This institutional interest can contribute to increased liquidity and stability in the Bitcoin market over time. Moreover, it blurs the lines between traditional finance and the burgeoning digital economy, suggesting a future where such cross-asset exchanges become more common. This transaction could very well serve as a case study for other firms contemplating their own ventures into the crypto space. The CIMG Bitcoin acquisition represents more than just a financial transaction; it’s a statement about the future of corporate finance and the undeniable rise of digital assets. By swapping common stock for 500 BTC, CIMG is not only diversifying its treasury but also signaling a proactive embrace of innovation. This move solidifies Bitcoin’s position as a serious institutional asset and opens up fascinating discussions about how other companies might follow suit. It’s an exciting time to watch how this strategic decision unfolds and influences both the digital healthcare and crypto sectors. Frequently Asked Questions (FAQs) 1. What is the significance of this CIMG Bitcoin acquisition? This acquisition is significant because it marks a major move by a Nasdaq-listed digital healthcare company into the cryptocurrency space, highlighting growing institutional confidence in Bitcoin as a treasury asset and a hedge against inflation. 2. Why would a digital healthcare company like CIMG acquire Bitcoin? Companies like CIMG acquire Bitcoin for several reasons, including diversifying treasury assets, potentially hedging against inflation, and signaling innovation and adaptability in a rapidly evolving financial landscape. 3. What are the potential risks for CIMG with this Bitcoin investment? Potential risks include Bitcoin’s inherent price volatility, which could impact CIMG’s financial statements, and the evolving regulatory environment surrounding cryptocurrencies, which may present compliance challenges. 4. When is the CIMG Bitcoin acquisition expected to be finalized? The transaction is expected to close in early September, subject to the fulfillment of customary closing conditions. 5. How does CIMG’s move reflect broader market trends? CIMG’s strategic move reflects a broader trend of increasing institutional adoption of Bitcoin, indicating its maturation as an asset class and growing acceptance among mainstream corporate entities. Did you find this analysis insightful? Share this article with your network to spark discussions about the future of corporate finance and the growing influence of digital assets! To learn more about the latest Bitcoin trends, explore our article on key developments shaping Bitcoin institutional adoption. This post Groundbreaking CIMG Bitcoin Acquisition: Nasdaq Firm Swaps $55M Stock for 500 BTC first appeared on BitcoinWorld and is written by Editorial Team

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Nvidia fuels rush into AI-focused leveraged ETFs

Nvidia stokes stampede into AI-focused leveraged ETFs as investors scramble to ramp up bets on the artificial intelligence boom. The chipmaker’s meteoric rise has made it the most traded name in the leveraged ETF market, drawing billions of dollars from traders hoping to capitalize on outsized gains. As its earnings beat Wall Street expectations , Nvidia is at the center of Wall Street’s latest fixation — high-risk funds that track the daily swings of stocks linked to artificial intelligence. The surge signifies the hunger to be exposed to companies powering the AI revolution. The leveraged ETFs linked to individual stocks rely on swaps or options to deliver double or even triple the usual daily share movement. For Nvidia, for whose iconic stock this has already been a record-surge year, that has made for an appealing but perilous speculator’s playground. In the first five months of 2025, over 100 new single-stock leveraged and inverse ETFs have debuted in the U.S., most directly or indirectly tied to AI. These products now dominate a lion’s share of assets in the space, which says a lot about how much Nvidia and other AI leaders like Tesla and Palantir vie for investor attention. Investors are flooding into AI-themed ETFs The numbers tell the story. Through merely eight months of 2025, asset managers have introduced 112 new leveraged and inverse ETFs linked to individual stocks. That’s nearly triple the 38 that launched in all of 2024. All told, there are now 190 single-stock leveraged and inverse ETFs listed in the U.S. Over half are associated with companies trying to capitalize on the AI wave. Combined, these funds with AI exposure hold $17.7 billion of the $23.7 billion deployed in the leveraged ETF universe. One of the stars in that crowd is the GraniteShares 2× Long NVDA Daily ETF. It has $4.56 billion in assets gathered in the 14 months since it opened in December 2022. Some other big names driving the creation of ETFs are Tesla, Palantir, and NuScale Power, companies directly or indirectly linked to AI. An ETF analyst at Morningstar, Bryan Armor, said the ETFs allow traders to increase their daily bets, adding that the potential upside is enormous but the risks are equally high. Nvidia earnings set tone for big market shake-up These speculative products get tested every earnings season, but the one from Nvidia’s report may be the check to checkmate. Following the results, options traders are positioning for a $260 billion market-value swing. That is about a 6% move in either direction. Leveraged ETFs, those moves can magnify gains or magnify pain. The risks are not theoretical. Nvidia shares dropped 17% earlier this year on fears of new competition from a Chinese chip rival. That day, the GraniteShares 2× Nvidia ETF lost almost 34%. But the upside can also be explosive. Last week, surprise earner MongoDB also pointed to AI demand. Its stock rose more than 23% in after-hours trading. The brand-new Tradr 2× Long MDB Daily ETF climbed 46% overnight. ETF issuers are raking it in. Leveraged ETFs average fees of 0.96%, almost double the industry average of 0.54%. But investors are still plowing money into the platform, eager for exposure to AI names. Matt Markiewicz, head of product and capital markets at Tradr ETFs, said demand for such products continues to climb. He noted that his firm had recently launched a leveraged ETF tied to Constellation Energy, on the expectation that power producers would benefit as AI data centers consume more electricity. He added that there is currently a strong thirst among investors for companies that stand to profit from the AI boom. Get $50 free to trade crypto when you sign up to Bybit now

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