REX launches 2x leveraged ETF tied to Bitcoin treasury firm Strive

REX Shares and Tuttle Capital Management launched a leveraged ETF that seeks to deliver twice the daily performance of Strive, a publicly traded Bitcoin treasury company and asset manager.  The T-REX 2X Long ASST Daily Target ETF began trading Friday under the ticker ASSX on Cboe and seeks to deliver 200% of Strives daily share-price performance before fees and expenses.  The fund resets its leverage daily, meaning returns over periods longer than one trading day can differ significantly from twice the performance of Strive shares. Unlike spot Bitcoin ETFs, ASSX does not hold Bitcoin or seek to track its price, instead providing leveraged exposure to Strive shares.  According to REX and Tuttle, the firms also offer 2x ETFs linked to Strategy, BitMine, Cipher Mining, Circle and SharpLink.  Strive currently holds 25,000 Bitcoin, making it the fifth-largest publicly traded corporate Bitcoin holder, according to BitcoinTreasuries.NET data. The company financed its latest 469-BTC purchase through sales of SATA, its perpetual preferred stock.  Strive shares rose 6.4% on Friday to close at $30.09, slightly above the $29.40 average 12-month price target among analysts tracked by S&P Global.Source: Yahoo Finance

09-20انڈسٹری

Here why AVAX's rally must pass THIS 'structural test' on the charts

Avalanche [AVAX] has exhibited clear bullish tendencies lately. In fact, its most recent daily swing saw the altcoin post a double-digit percentage surge in price, with over 12% gains.  The rally still remains questionable in terms of sustainability though. Will the uptrend hold when viewed from the lens of the 1-month Liquidation Heatmap?  Well, the chart revealed that there seemed to be limited to no upside liquidity cluster. On the contrary, there were multiple clusters with strong depth below the press time price.  Source: CoinGlass  Clusters measure areas of unfilled orders on the price chart. These levels often act as magnets, pulling the price towards themselves.  Discover more  Finance  Brokerages & Day Trading  FINANCE  There are two scenarios likely to happen in the market. The limited to no upside liquidity cluster above the price means that AVAX could depend on momentum to surge further. On the flip side, however, the downward clusters could see the price pulled lower, causing AVAX to lose its recent gains.  Liquidity clusters leave AVAXs rally vulnerable  At the time of writing, clear accumulation was still ongoing for AVAX in the market. The Accumulation/Distribution Indicator (A/D) revealed that theres been massive buying as the volume-weighted purchase hit 122 million.  A hike in accumulation is indicative of where investor

09-20انڈسٹری

Upbit To Delist ICON (ICX) On October 19

South Korea‘s largest cryptocurrency exchange, Upbit, will end trading support for ICON’s ICX token by delisting the ICX/KRW pair on October 19, 2026. The exchange confirmed the move in a trading-support termination notice, completing a review that began in late August when ICX was first designated an investment caution asset over unresolved security risks. The decision removes the tokens main won-denominated market and gives holders a fixed window to exit before support ends.  Delisting Timeline and Mechanics  Trading for ICX against the Korean won will stop at 3:00 p.m. Korea Standard Time on October 19, and all outstanding orders will be cancelled once support ends. Upbit also said it will no longer process airdrops, wallet upgrades, migrations, or hard forks for the asset after the deadline, and holders must complete their withdrawals by November 18, 2026. The exchange urged users to settle any pending trades and move assets before those dates to avoid disruption. The sequence mirrors Upbits September decision to end trading support for Synthetix (SNX), another project it had flagged for review.  Why ICON Is Being Delisted  Upbit attributed the delisting to security incident risks surrounding ICON that were never resolved. The exchange placed ICX on an investment caution list in late

09-20انڈسٹری

Google Gemini Hacked 3 Companies as California Pushes AI “Kill Switch” Rules

The Gemini breaches occurred during a cybersecurity evaluation conducted by Irregular, an independent AI security testing company. Google said the model was operating in a test designed around fictional companies when unintended internet access allowed it to reach real-world systems.  The incidents came as California moved to accelerate AI safety oversight and examine an emergency “kill switch” for advanced models.  Gemini AI Breached Three Companies  According to Google, Gemini discovered information available online and used credentials to access three websites it believed were part of the authorized exercise.  In one case, the model reportedly guessed passwords until it gained entry to a protected system. In the other two cases, Gemini found credentials in a publicly accessible repository and used them to gain access to protected systems, according to reporting first published by The Wall Street Journal and subsequently confirmed by Google.  Googles Gemini AI breached three companies during a May 2026 security test by Irregular, marking its first known autonomous breakout through unintended internet access. Source: Reuters via X  The key factor was an unintended connection between the testing environment and the public internet. Gemini had been asked to retrieve information from a fictional company, but the fictional company shared a name with a real business.

09-20انڈسٹری

Kalshi joins Coinbase with filing for US stock perpetual futures

Kalshi has filed to offer perpetual futures tied to individual US stocks, joining Coinbase in a push to bring crypto-style derivatives to traditional equity markets.  The prediction market filed the proposed rule change with the Securities and Exchange Commission and submitted it to the Commodity Futures Trading Commission (CFTC) for approval on Friday. The CFTC has yet to approve the proposal.  The proposed contracts would have no preset expiration date and would use periodic funding payments between long and short positions to keep their prices aligned with the underlying stocks. Kalshi said the contracts would be treated as security futures products and cleared through its CFTC-registered clearinghouse, Kalshi Klear.  The filing comes the same day Coinbase submitted a separate proposal to offer perpetual futures tied to individual US stocks, as both companies look to bring a derivatives product popular in crypto markets to traditional equities.  Kalshi already offers perpetual futures tied to cryptocurrencies in the US, including Bitcoin (BTC), Ether (ETH), Solana (SOL) and XRP (XRP), after receiving CFTC approval for its Bitcoin perpetual contract in May.  Related: DoubleZero adds Kalshi election market data ahead of US midterms  US stock perpetual futures race expands  Kalshi and Coinbase were not alone in filing to bring single-stock perpetual futures

09-20انڈسٹری

Raydium's 26% rally cools down below $1.80 — Is downside liquidity calling for RAY?

Raydium rallied on the price charts as the broader cryptocurrency market saw green across the board.  In this case, the timing was particularly interesting. Especially since it followed Injective‘s Solana expansion which strengthened RAY’s fundamentals. To be specific, Injective‘s Solana launch introduced another potential source of trading activity for Raydium’s decentralized exchange.  Reportedly, Raydium joined the rollout as a day-one liquidity partner, granting Injective assets immediate access to Solana blockchain liquidity.  Here, it is also important to note that Raydium accounts for over 90% of memecoin DEX trading volume on Solana. In fact, its cumulative tokenized stock volume recently surpassed $5 billion on the blockchain.  The aforementioned integration will also enable participants to trade Injective ecosystem tokens through Raydium, eventually funneling additional swaps and liquidity.  For its part, RAYs price gained by 15.19% over 24 hours. Its trading volume simultaneously surged by 125.5% too, hinting at greater market participation.  Are retail traders on board with RAY?  While the altcoin‘s price action did surge, so did the retail Futures activity. This pushed trading frequency into the “Too Many Retail” area. In fact, this metric’s reading implied that smaller traders increasingly entered Futures trading as RAYs price pushed higher.  Furthermore, the 90-day Futures Taker CVD also maintained taker-sell dominance across

09-20انڈسٹری

Bitcoin ETF Inflows Hit $433M as BTC Price Tests Major $83K Wall

Key Insights:Bitcoin ETF inflows reached $433 million as institutional demand returned.Fidelitys FBTC led Sept. 18 inflows with $310.7 million.BTC price reclaimed $81,000 while $83,000 remained key resistance.  U.S. spot Bitcoin exchange-traded funds recorded $433.03 million in net inflows on Sept. 18. Fidelity‘s FBTC led the session with $310.72 million, while BlackRock’s IBIT drew $108.44 million.  The Bitcoin ETF rebound came as BTC price returned above $81,000 on Sept. 19. Bitcoin now trades near a $83,000-$86,000 resistance band identified by Glassnode through cost-basis and derivatives data.  Bitcoin ETF Flows Reverse Midweek Outflows  Farside Investors data showed spot Bitcoin funds added $433.0 million on Sept. 18. Fidelity‘s FBTC drew $310.7 million, the largest inflow among listed products. BlackRock’s IBIT followed with $108.4 million, while Bitwises BITB added $9.7 million.  Bitcoin ETFs post $433 million daily inflow | Source: SoSoValue  ARK Invest‘s ARKB received $1.9 million, while VanEck’s HODL added $2.3 million. No listed fund recorded an outflow during the session. The result extended the positive streak to two trading days.  However, the broader weekly picture remained mixed. The funds lost $450.4 million on Sept. 15 and $295.9 million the following day. Those sessions produced combined withdrawals of $746.3 million before demand returned. Across Sept. 17 and Sept. 18, the

09-20انڈسٹری

Circle wants you to love USDC a little like you love Chelsea

Chelsea has found a cool new shirt sponsor whose main product is…a stablecoin?  Related Asset USDC USDC · Stablecoin  USDC is designed to be worth one dollar. Today, tomorrow, next Tuesday: one dollar. If everything is working properly, absolutely nothing should happen to its price, so there is not much room for a victory parade.  And yet Circle, the company behind USDC, has decided that this extremely uneventful financial product belongs on the front of one of the most famous shirts in football. Circle announced the deal on Aug. 28. Circle and USDC branding will appear as Chelseas principal front-of-shirt sponsor across the mens, womens, and academy teams for the 2026/27 season.  Related Company Circle Global crypto finance company  The agreement puts a digital dollar in front of an audience that spends its weekends caring very deeply about things considerably more exciting than reserve assets.  Which raises a pretty good question: why does a stablecoin need football fans?  The answer gets to the heart of Circles business.  The worlds most boring crypto product still needs a brand  All stablecoins have a marketing problem. Its not Bitcoin, whose promise of absolute scarcity propelled it to the absolute top of crypto and tradfi markets. Its also not an exchange, which can

09-20انڈسٹری

Warren Buffett Steps Down After 60 Years

From “rat poison squared” to “stay away from it” – some of his remarks have been quite brutal. Yet, BTC‘s market cap is bigger than Berkshire’s.  Arguably the most well-known investor of our (and the previous) generation, Warren Buffett, has formally stepped down as chairman of Berkshire Hathaway after more than 60 years at the company. He has now become Chairman Emeritus and remains on the board. His son, Howard G. Buffett, will succeed him as chairman, while Greg Abel continues to run the company as CEO.  In the farewell letter to shareholders, the 96-year-old said the timing was right to “complete the transition,” praised Abel for fully taking control of the Berkshire empire‘s day-to-day decisions, and described his son as the guardian of the company’s culture and values.  For us crypto folks, his retirement also closes the active career of one of Bitcoins most famous and persistent skeptics. The “Oracle of Omaha” has repeatedly dismissed the asset as speculative, non-productive, lacking intrinsic value, and unsuitable as an investment through the years. Here are some of the most famous.  Rat Poison Squared  Perhaps none is more Buffett-like than the 2018 comment when he described Bitcoin as “probably rat poison squared.” The remark followed years of

09-20انڈسٹری

Blink Wallet Hit by Attacker, 'Few Dozen' Custodial Accounts Drained

Key TakeawaysBlink Wallet says a “few dozen” custodial accounts were hit, but the vast majority of funds stayed safe.Blink paused services Sept. 19, adding another headache to a rough stretch for Lightning Network apps.Blink says 100% of affected users will be made whole as a patch rolls out and answers are still pending.  Blink Wallet Says Every Affected Custodial Account Will Be Made Whole  Lightning Network applications and platforms cannot get a break these days, and this weekend, Blink Wallet told the public it was pausing operations due to a security breach. “We‘ve paused Blink services while we investigate a security incident,” Blink Wallet’s official X account said on Saturday morning. “An attacker accessed a limited number of custodial accounts and withdrew funds,” the team added.  Blink noted that a “large majority of funds are secure” and the firms non-custodial users are not affected. In another update, Blink later disclosed that a “few dozen custodial accounts were affected by the incident.” No monetary amount was mentioned, but Blink promises that “every affected account is identified and will be made whole.”  The news comes as a wave of bugs, exploits, and data breaches have been affecting digital currency businesses and Lightning Network-specific applications. For instance,

09-20انڈسٹری
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