hodler

1 May 2026, 19:08

Ripple CEO Shares Stunning XRP Selfie

Ripple CEO Brad Garlinghouse is doubling down on the company's commitment to its native token.

1 May 2026, 19:07

Price predictions 5/1: BTC, ETH, XRP, BNB, SOL, DOGE, HYPE, ADA, BCH, XMR

Technical charts suggest that Bitcoin’s rally continuation is fully dependent on bulls securing a weekly close above $75,000.

1 May 2026, 19:06

BITX: The 2x Bitcoin Leveraged ETF Explained

Summary BITX is a 2x leveraged play on the price of bitcoin. The ETF doesn't hold bitcoin but uses a bitcoin futures contract strategy to generate twice the price performance of BTC-USD. The leverage works both ways, leaving you with a risky asset with high potential during bitcoin rallies. By its most generic description, the 2x Bitcoin Strategy ETF ( BITX ) is a leveraged product that tries to give you twice the daily price action of Bitcoin ( BTC-USD ). Chasing the price of Bitcoin in a leveraged way for more than a day can lead to a complete loss of your investment, so that's the first thing you need to know about this and other leveraged ETFs. Inside BITX Incepted by Volatility Shares on June 27, 2023, BITX is not a Bitcoin holder, so there's no direct or indirect exposure as such. The exposure comes from futures contracts on Bitcoin. Using cash, treasuries, repo agreements, etc. for collateral, the fund buys monthly rolling contracts that are one and two months out, and these contracts are rolled over before expiration. To illustrate this, this is what their annual report showed as of February 28, 2026. BITX website Since it's now May at the time of writing, these contracts would have been rolled over to April and May, then May and June, and eventually to June and July futures later this month when July contracts are available. Let's see how that's going. CME Group What's happening here is that the Bitcoin futures contract values show us where the market thinks the Bitcoin USD ( BTC-USD ) price will go over whatever period the contracts cover. When the market is bullish, longer-expiration contracts are more expensive, like in the screenshot above. Because of that, rolling over to the next month's contracts is a net loss exercise for the ETF. The bet they're making is that BTC prices will rise by the time they sell the older-month contracts so the net loss can be rolled over into a net gain position. There's a problem associated with this approach. Since the ETF is on the buy side of these contracts, these oscillations between net gain and net loss are amplified 2x and can lead to volatility drag. Here's the example the fund gives in its prospectus. ...if Bitcoin futures were to rise 10% on day one, fall 5% on day two, and then rise 7% on day three, the expected leveraged performance of a fund like BITX over the three days would be = 1.2 * 0.9 * 1.14 = 1.23, or 23%, while the simple sum of the leveraged daily returns +20% - 10% +14% = 24%. This 1% lag is due to volatility drag. That's the cost long-term holders of BITX are paying on top of the 2.38% ER. Why would anyone do that? The answer is the potential upside during bitcoin bull cycles, because the ETF also does this. ...if Bitcoin futures were to rise 20% a day for three consecutive days, then BITX’s expected performance could be calculated as = 1.4 *1.4 * 1.4 = 2.74, or an impressive 174% increase over three days – a whopping 54% more than the simple sum of the three 40% returns (40% + 40% + 40% = 120%). If you're looking at this from a risk-reward angle, it looks like a no-brainer, but it's not. Be careful here. This is just the gain/loss on the derivatives amplifying the movement of Bitcoin, and looking at just a couple of examples doesn't give us the higher-level perspective. The bigger risk that overshadows the derivatives risk is Bitcoin's market value. As an extremely volatile and news-sensitive asset, even holding bitcoin alone can lead to sleepless nights. Imagine doubling that trouble, and what you get is BITX. On the bright side, when bitcoin rallies, holding BITX can give you those tasty leveraged returns. For a moment, forget about the one-day-only warning of the ETF and imagine you held BITX from the time of inception until now. SA If you ignore the fact that BTC's price movements since 2023 (June 27), when BITX was launched, make the S&P look like the kiddie ride in your neighborhood park, you'll probably also see that BITX hasn't given any hint of 2x leverage other than during the bull run divergences. Actually, the opposite is true—the divergence is caused by the leverage. This is where the real money is to be made if you're looking at an investment horizon of longer than a day. Then there's the other side of the coin. I'm sure you haven't missed the fact that your capital could be wiped out even more quickly. This isn't an ETF where you accrue your wins and losses. It's a daily reset. It's aggressive. It's potentially very rewarding, but it's as risky as it is attractive. Who Should Consider Using BITX? I used the word "Using" and not "Holding" here on purpose, and the SEC warns investors about leveraged ETFs because of the volatility decay. That's what you're seeing in that screenshot two paragraphs ago. That entire period is volatility decay in action, and it should be obvious that the gains made during multiple and separate bull runs were almost zeroed out, leaving the investor with returns that were even less than the S&P500's. BITX can be handy for certain investors: Price capture enthusiasts: Those who like participating in the price of Bitcoin during longer rallies periodically can be quite advantageous when coupled with leverage. Those who opt out of Bitcoin (non-adopters) but want to benefit from its price action: investors who don't want to hold Bitcoin but are keen on participating in rallies. Portfolio diversifiers: those who need diversification and are willing to pay the risk premium but don't really want to own any actual crypto assets. If this looks interesting, you need to do your due diligence about your entry and exit points. One last thing. Don't be taken in by the sky-high distributions. Over the past three years, the ETF has paid out strong monthly dividends, but as of 2026, it's run out of steam, and the monthly payout is now a paltry 1.5 cents a share. SA Unless you have a strong conviction that there's another bitcoin rally on the horizon, it doesn't look like you can depend on the high yield to resume anytime soon. That's still not too bad if you think BTC is prepping for another bull run. SA Using current context to illustrate potential use cases, the 10-day SMA has crossed over the 50-day SMA, but there's still not enough momentum to force a turnaround in the 200-day SMA. It could go either way, and the RSI bears that out. There's been an increase since the February low, but it's been very cautious, hence the lack of momentum. It could have more room to run, but the best entry points for BITX are the ones where it bounces off 30 or under. Once it approaches 70, that's a warning sign to sell. As a final thought, I'd recommend thoroughly researching the leverage concept and how technical indicators can show you the best entry and exit points. From an academic perspective, I hope the article has given you at least some of what you came for. Thanks for reading! This article answers three questions about BITX: How does BITX reflect the price of Bitcoin? What risks are involved in using BITX? Which investors is BITX appropriate for? Editor's note: This article is intended to provide a general overview of the ETF for educational purposes only and, unlike other articles on Seeking Alpha, does not offer an investment opinion about the ETF.

1 May 2026, 19:02

Ripple CEO Dropped Everything for XRP Army Las Vegas

Ripple CEO Brad Garlinghouse showed up at XRP Las Vegas 2026 with a lot to say. The conference began on April 30, and Garlinghouse used his time on stage to address the XRP community on legal clarity, Ripple’s banking ambitions, a potential IPO, and what crypto legislation in Washington actually stands. Crypto commentator X Finance Bull (@Xfinancebull) flagged the appearance as a must-watch. He shared a video of Garlinghouse, with X Finance Bull noting that the CEO dropped everything for the XRP community. BOOM! Brad at $XRP Las Vegas dropped everything!!! XRP has clarity. Already. Independent of the CLARITY Act Ripple applied for a Fed master account. "We will get there." If Ripple goes public? He hinted the $XRP community gets rewarded. WATCH pic.twitter.com/NtN4GUCqus https://t.co/iu2yTtpjBj — X Finance Bull (@Xfinancebull) May 1, 2026 XRP Already Has Clarity Garlinghouse was direct about XRP’s regulatory status, stating that it does not depend on the passage of the CLARITY Act . “XRP has clarity,” he told the audience. “XRP fought a very meaningful fight to get clarity.” He grounded that statement in the federal court ruling. “The judge said, in her opinion, XRP in and of itself is not a security.” X Finance Bull highlighted this as one of the defining moments of the appearance. Garlinghouse made clear that Ripple supports the CLARITY Act for the benefit of the wider industry, but XRP’s legal standing is already settled. Ripple’s Push for a Fed Master Account Garlinghouse confirmed on stage that Ripple has applied for a Federal Reserve master account . The CEO stated that access to a Fed master account would be huge for the company. X Finance Bull pointed to this as a significant move, as it would deepen Ripple’s position inside the U.S. financial system and expand its capabilities for institutional clients. An IPO and What It Could Mean for XRP Holders The question of a Ripple IPO surfaced, and Garlinghouse’s answer gave the XRP community reason to pay attention. He said Ripple has not prioritized going public, pointing to struggles with recent crypto IPOs. However, he left the door open. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 He was equally clear about where his loyalty sits. He reaffirmed his love for the XRP army and added, “I love to do things that are good for the XRP community.” His comments suggest that while Ripple is not actively seeking an IPO , the company will consider that move if it would benefit XRP and its community. Garlinghouse Stays Hopeful on the CLARITY Act Garlinghouse gave a candid read on where crypto legislation stands. He set a firm deadline: if the CLARITY Act does not clear the Senate Banking Committee by the end of the third week in May, “I think we’re in real trouble.” He described the bill as having been near the finish line several months ago before momentum slowed . He said he remains hopeful but acknowledged the difficulty. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Ripple CEO Dropped Everything for XRP Army Las Vegas appeared first on Times Tabloid .

1 May 2026, 19:01

Seoul Court Suspends Bithumb Penalty

Seoul Administrative Court suspends Bithumb's partial business suspension penalty from FIU. A $25 million fine had been imposed for AML violation. The decision provided relief to the exchange. BTC ...

1 May 2026, 19:00

The $300T tokenization bet – Why Grayscale foresees massive upside for the segment

Tokenized assets are only about 7% of the stablecoin market cap right now.