Defiance ETFs filed applications for Bitcoin and Ethereum related market-neutral exchange-traded funds (ETFs) called NBIT and DETH that execute a hedge fund arbitrage strategy.Bloomberg senior ETF analyst Eric Balchunas shared the filings on Sept. 16, noting that the funds operate a strategy of buying spot crypto assets while shorting futures contracts to capture premiums.The funds will purchase spot Bitcoin and Ethereum ETFs like BlackRock’s IBIT and ETHA, while simultaneously shorting futures contracts to profit from price differentials.Bloomberg ETF analyst James Seyffart documented Ethereum basis trades delivering gross annualized returns averaging around 10% during stable market conditions.At the same time, Bitcoin…
Author: cryphedge
Shares of SharpLink Gaming fell slightly even as the Ethereum treasury firm pressed forward with its ambitious stock repurchase program, buying another 1 million shares.The company, which trades under the ticker SBET, said the latest purchases were executed at an average price of $16.67 each. Despite the move, SharpLink’s stock slipped 2.8% to $16.32 by late afternoon in New York.The buybacks are part of a $1.5 billion authorization approved in August. To date, the firm has retired nearly 1.93 million shares for about $32 million, funding the purchases with cash reserves, staking income, and other financing rather than debt.Ethereum reserves…
A coalition of corporate Bitcoin (BTC) holders announced the first members of the Treasury Council on Sept. 16, positioning themselves as advocates for federal Bitcoin adoption.The Treasury Council includes nine chief executives from companies holding Bitcoin in their corporate treasuries, led by Strategy CEO Phong Le, MARA Chairman Fred Thiel, and Riot CEO Jason Les.The group sent a formal letter to congressional leadership endorsing the BITCOIN Act while over a dozen crypto advocates met with lawmakers on Capitol Hill.Executive Director Merris Badcock described the coalition as “an exclusive leadership body” combining corporate executives and policymakers to advance crypto’s role in…
Dubai, UAE, September 16th, 2025, Chainwire Ozak AI ($OZ) continues to redefine the environment of AI-powered crypto innovation by integrating artificial intelligence with DePIN (Decentralized Physical Infrastructure Network). This integration offers a scalable and intelligent base for blockchain adoption. Now, with its potential partnership with Pyth Network, Ozak AI is developing its ecosystem through access to fast, tamper-proof, real-time market data spanning, strengthening its ability to telecast insights. https://x.com/OzakAGI/status/1962519070609437159 Presale Spike Boosts Investor Confidence The announcement marks an important moment in Ozak AI’s presale journey. Currently, $OZ has signaled a strong growth strategy, with its price rising from $0.001 in…
Bitcoin price is currently consolidating near a critical resistance zone, hovering just below the $118,000 level after a strong upward move earlier this week. The price has shown resilience, with buyers stepping in on minor dips, but selling pressure remains evident around this range. A decisive breakout above $118,000 could open the door for another leg higher, while failure to hold momentum may trigger a retracement back toward $115,000 support. The next few sessions may decide BTC’s short-term trend direction.Bitcoin Enters the Liquidity ZoneThe BTC order book heatmap from Coinglass currently shows a notable concentration of liquidity between $116,200 and…
Within this chaotic storm, one name stands out: BullZilla ($BZIL). Unlike traditional meme coins that rely purely on hype, BullZilla is engineered with progressive mechanics, constant stage mutations, and a vault system that feeds its community long after launch. With its roaring presale, unique referral rewards, and a roadmap designed for unstoppable momentum, BullZilla positions itself as the next 1000x meme coin: a serious contender to be the Shiba Inu successor and the Pepe alternative that the market craves. Joining this narrative are other powerful contenders: Chainlink (LINK), Hyperliquid (HYPE), Sui (SUI), and Stellar (XLM). However, among them all, BullZilla…
Bitwise filed a prospectus on Sept. 16 for a stablecoin and tokenization exchange-traded fund (ETF) structured as a 40 Act fund, positioning for potential launch around Thanksgiving.The proposed fund tracks the Bitwise Stablecoin and Tokenization Index through two equally weighted sleeves targeting companies and assets poised to benefit from stablecoin adoption and asset tokenization growth.The equity sleeve allocates up to 50% in companies across five categories: stablecoin issuers, infrastructure providers, payment processors, tokenization exchanges, and stablecoin-oriented retailers.Tiered restrictionsCompanies face tiered weight restrictions based on business exposure levels. Tier 1 firms with substantial stablecoin business receive 15% caps, Tier 2 companies…
Two major stories dominating headlines are the latest Pi Network news and updated Dogecoin price predictions. Meanwhile, investors are also hunting for the next 100x crypto opportunity, and are turning to projects like Remittix (RTX).Pi Network News: A Step Closer To MainnetCurrently, Pi is trading around $0.347, holding just above its key support zone at $0.345. The most recent Pi Network news centers around two major updates. First, the Pi Core Team has rolled out the final upgrade on its Testnet, which is expected to improve the network’s speed and stability.However, not everything is bullish. The network recently unlocked around…
Crypto Journalist Anas Hassan Crypto Journalist Anas Hassan About Author Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech. Share Last updated: September 16, 2025 NYSE American-listed CleanCore Solutions purchased an additional 100 million Dogecoin tokens, expanding its holdings past 600 million DOGE.The Nebraska-based company announced the acquisition on September 16 through its official press release, marking another milestone in what it calls the “Official Dogecoin Treasury.”This treasury strategy operates in partnership with the Dogecoin Foundation’s corporate arm, House of Doge, which provides institutional backing for…
Whale buys and rising turnover are fueling the Immutable (IMX) trading momentum. Ubisoft and Netmarble deals have boosted Immutable’s gaming profile. Breakout pattern points to a possible push toward $1.00 for IMX’s price. Immutable’s native token, IMX, is staging a sharp rebound after months of weakness that had left the cryptocurrency lagging behind much of the market. The token, which has traded sideways for much of the year, has broken out of a prolonged downtrend and is now attracting renewed attention from traders, whales, and major gaming partners. At press time, the altcoin was trading at around $0.71 with a…
