SOL falls below the $120 mark
Binance SOL/USDT is currently trading at $120.19, a decrease of 5.46% in 24 hours. Please pay attention to market fluctuations.
Binance SOL/USDT is currently trading at $120.19, a decrease of 5.46% in 24 hours. Please pay attention to market fluctuations.
The current price of BTC is $80402.18, with a 2.52% increase in the past 24 hours. Among them, the total liquidation amount of contracts across the entire network in the past 1 hour was 11.9 million US dollars, with the main liquidation being short orders and BTC liquidation being 4.84 million US dollars (40.68%). The data is for reference only.
OKX - FARTCOIN is currently priced at $0.5641, with a 19.26% increase over 24 hours. 24-hour transaction volume of 2.2 billion US dollars, up 65.74%, for reference only
According to Bloomberg, Teucrium Investment Advisors has launched its first leveraged ETF linked to cryptocurrency XRP, the Teucrium 2x Long Daily XRP ETF, with the code XXRP and a fee ratio of 1.85%, which is listed in the United States today. The ETF aims to provide double daily returns on XRP, with its issuance timing following the US SEC's withdrawal of its lawsuit against Ripple. The market expects spot XRP funds to follow suit.
On April 8th, according to Bloomberg, alternative asset management company Tecrium Investment Advisors LLC officially launched a leveraged ETF linked to cryptocurrency XRP, the first product in the US market to offer such exposure. XRP is the fourth largest cryptocurrency in the world by market value, with a market value of approximately $111 billion, and is also a core asset in the recent investigation by US regulators into Ripple Labs Inc. According to the Teucrium official website, the product called "Teucrium 2x Long Daily XRP ETF" will achieve twice the leverage return on XRP daily returns through swap contracts, and will be officially listed on the trading platform on Tuesday with the trading code XXRP and an annualized fee rate of 1.85%. The launch of this product marks another bold attempt by traditional financial institutions in the layout of encrypted assets, and also reflects the increasing market attention to the potential of XRP. It is worth mentioning that there is currently no active trading of XRP futures contracts on mainstream commodity trading platforms in the United States. However, Teucrium stated in the fund prospectus that it may include XRP futures and other financial instruments that can provide exposure to this asset in the future. Teucrium was founded in 2010 and currently manages assets worth $311 million. It has 12 ETFs covering various alternative markets.
BlockBeats News: On April 8th, according to The Washington Post, over the past weekend, when Elon Musk repeatedly posted on social media criticizing the tough tariff plan pushed by one of President Trump's main White House advisers, he had actually bypassed the official and directly appealed to Trump himself. According to two informed sources (who requested anonymity due to private conversations), Musk's intervention has not yet been effective. However, Trump also expressed an open attitude towards negotiating certain policy contents. At the same time, Musk uploaded a video of the late conservative economist Milton Friedman on the X platform, in which Friedman emphasized the benefits of international trade cooperation, calling it the "depersonalized operation of prices," and analyzed the global sources of its various raw materials using an ordinary wooden pencil as an example.