Tag: Bitwise

Wall Street arrived in NEAR just as a $4 billion-a-month app got hacked

The newly launched Bitwise NEAR exchange-traded fund faces an immediate test of resilience after a $3.8 million security breach at NEAR Intents caused the token to drop roughly 10% to $4.86.

Bitcoin survives a 5.2% Treasury shock as traders slash $1.7 billion in leverage

Bitcoin held resiliently around $84,000 despite a historic US Treasury shock that drove 10-year yields to 5.22%. Traders slashed $1.7 billion in leverage without triggering a major spot price crash.

XRP volume explodes to $7.4B, and a massive CME short squeeze is blamed

XRP volume surged to $7.4 billion alongside a September price peak, as Commodity Futures Trading Commission data revealed leveraged funds significantly reduced net short positions in CME futures.