Kategorie: Crypto News

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Calamos Investments to introduce a Bitcoin ETF with 100% downside protection

  • Calamos is launching a Bitcoin ETF with 100% downside protection named CBOJ in January.
  • The ETF combines Treasury bonds and Bitcoin options to mitigate investment risks.
  • CBOJ offers annual protection resets and caps potential gains for risk management.

Calamos Investments is set to launch a groundbreaking Bitcoin exchange-traded fund (ETF) offering 100% downside protection.

Scheduled to debut on the Chicago Board Options Exchange (CBOE) on January 22, the new ETF, named CBOJ, is designed to address Bitcoin’s volatility while providing growth opportunities, according to a company announcement.

Calamos’ Structured Protection ETF series

CBOJ builds upon the success of Calamos’ Structured Protection ETF series, introduced in 2024. This series provided similar downside protection mechanisms for stock indices like the S&P 500 and Nasdaq-100.

By extending these principles to Bitcoin, Calamos seeks to meet the demands of advisors, institutions, and investors looking for a way to capture Bitcoin’s growth potential while mitigating its historically high volatility.

Bitcoin has historically been a highly volatile asset, often deterring risk-averse investors. The CBOJ ETF aims to overcome this challenge by ensuring that investors do not lose money, even if Bitcoin’s value declines.

This innovative fund achieves downside protection by integrating US Treasury bonds with options tied to the CBOE Bitcoin US ETF Index. The combination provides a regulated and transparent avenue for gaining Bitcoin exposure while minimizing associated risks.

CBOJ ETF’s annual protection reset

One of the unique features of the CBOJ ETF is its annual reset of downside protection. Each year, investors benefit from a new cap on potential gains while maintaining full protection against losses for the next 12 months.

This structure ensures ongoing risk mitigation and aligns with the dynamic nature of the Bitcoin market.

“Many investors have been hesitant to invest in Bitcoin due to its epic volatility,” said Matt Kaufman, Head of ETFs at Calamos. “Calamos seeks to meet advisor, institutional, and investor demands for solutions that capture Bitcoin’s growth potential while mitigating the historically high volatility and drawdowns of the asset.”

ETFs are investment funds that trade like stocks on exchanges, allowing investors to pool their money into a fund holding various assets. With CBOJ, investors gain exposure to Bitcoin without the need to own the cryptocurrency directly. This protective structure makes the ETF especially appealing to cautious investors looking to navigate the crypto market’s notorious price swings.

As derivatives-based Bitcoin ETFs gain traction, industry reports suggest that more firms may follow Calamos’ lead in introducing similar solutions for risk-averse investors.

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Crypto trading firm GSR secures FCA approval

  • GSR has received a regulatory nod from the UK’s Financial Conduct Authority.
  • The cypto trading firm also holds a crypto license from the Singapore Monetary Authority.

GSR, a crypto trading firm and market maker, has received regulatory approval from Financial Conduct Authority (FCA), the financial markets regulator in the UK.

In a press release on Jan. 6, GSR said the regulatory approval means GSR Markets UK Limited is duly registered to conduct crypto related business in the country. It will support crypto trading in the UK, reaching both local/resident clients and across the globe.

GSR’s approval maps the firm as the first crypto liquidity provider to offer over-the-counter and crypto asset trading services.

According to the announcement, the firm seeks to expand its services delivery globally. This follows the firm’s milestone of having received regulatory nods from the two major crypto regulation jurisdictions.

GSR seeks global traction

Notably, Singapore’s Monetary Authority of Singapore granted regulatory approval to GSR as a crypto liquidity provider in April 2024. GSR is a Major Payment Institution licensed firm in Singapore.

The move for global regulatory approval aligns with GSR’s quest to offer its services alongside the standard principles of compliance and integrity – a top goal for company brand and image built over time.

GSR Group CEO Xin Song noted that the two global financial regulators’ approvals “marks a significant milestone in our mission to shape a more transparent, inclusive global crypto trading ecosystem.”

He confidently added that getting regulatory approvals from leading financial regulators makes the firm confident to expand on its services delivery to clients globally.

“By achieving approvals from two of the world’s leading financial regulators, the GSR Group can confidently expand our services to institutional and professional clients globally while continuing to uphold the integrity and high-quality service that we are known for,” the GSR Group chief executive added.

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MicroStrategy adds $101m Bitcoin to holdings, now at 447,470 BTC

  • MicroStrategy buys another $101 million of Bitcoin.
  • Company’s holdings now stand at 447, 470 BTC.
  • KULR also announced it purchased $21 million worth of Bitcoin to add to its holdings.

MicroStrategy has added to its Bitcoin (BTC) haul with another big purchase of 1,070 BTC valued at approximately $101 million.

The company disclosed the latest Bitcoin purchase on Monday Jan. 6, noting the acquisition was at the average price of $94,004 per bitcoin. Buying happened between Dec. 30, 2024 and Jan. 5, 2025, the business intelligence firm said.

MicroStrategy completed the sale after finalizing the sale of 319,586 shares. With this purchase, the company’s remains with $6.77 billion shares – part of the targeted $21 billion equity and $21 billion fixed income securities – to be used for more Bitcoin purchases.

MicroStrategy’s Bitcoin strategy

Bitcoin price has risen in the past week, rising amid bullish sentiment ahead of Donald Trump’s inauguration. So far, MicroStrategy has acquired a staggering 447,470 BTC hodled at the purchase value of about $27.97 billion. As per current prices,the company’s total BTC bag is worth over $44 billion. 

The world’s largest corporate holder of Bitcoin has inspired several other publicly-traded companies to adopt BTC treasury strategies. It includes companies listed in the US, Hong Kong and Canada among others.

Notably, MicroStrategy bought its bitcoin at the average price of $62,503 per BTC.

One of these, KULR Technology Group, an energy management platform, has also announced on Jan.6 that it purchased another $21 million worth of BTC to bring its total to $42 million.

KULR, which began its Bitcoin treasury strategy in early December, 2024, acquired the latest BTC haul at the average price of $98,393.58 per bitcoin.

Bitcoin traded at around $99,194 at the time of writing, 1.5% up in the past 24 hours and nearly 6% up in the past week.

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Binance to list Solv Protocol’s native token SOLV next week

  • SOLV token to be listed on Binance on January 17, 2025, with four trading pairs.
  • Solv Protocol focuses on Bitcoin staking to boost DeFi integration and liquidity.
  • Besides listing, Binance has also invested in Solv Protocol.

Binance, one of the world’s leading cryptocurrency exchanges, has announced its plan to list Solv Protocol’s native token, SOLV, next week.

This move is set to amplify SOLV’s visibility and utility within the burgeoning sector of Bitcoin-focused decentralized finance (DeFi).

SOLV to be listed on Binance on January 17

The listing of SOLV on Binance is scheduled for January 17, 2025, at 10:00 UTC, with trading pairs including SOLV/USDT, SOLV/BNB, SOLV/FDUSD, and SOLV/TRY.

Notably, SOLV will enter the market with the “Seed” label, which Binance uses to signify tokens that are in their early stages, potentially indicating higher risk but also higher growth opportunities.

The anticipation around the SOLV listing is palpable, with posts on social media platforms like X highlighting the community’s excitement and speculation about the token’s future market performance. Discussions point towards an initial market cap expectation ranging from $400 million to $600 million, reflecting both optimism and caution given the token’s nascent stage.

The rise of the Solv Protocol

Solv Protocol has carved a niche for itself by focusing on Bitcoin staking, aiming to integrate Bitcoin more deeply into the DeFi ecosystem. The protocol’s mission is to unlock the potential of over $1 trillion in Bitcoin assets by providing yield opportunities while preserving liquidity.

With this listing, Binance endorses Solv Protocol’s vision and opens up new avenues for its users to engage with high-potential DeFi projects centred around Bitcoin.

This listing comes on the heels of a significant strategic investment by Binance Labs in Solv Protocol, underscoring a strong belief in its potential to revolutionize Bitcoin’s role in DeFi. Solv Protocol has raised substantial funding, with a total of $22 million, to further its development and adoption.

In addition to listing on Binance, SOLV will also be integrated into Binance’s Megadrop platform, where users can earn SOLV tokens by locking BNB or participating in Web3 quests, adding another layer of engagement for the crypto community.

As we approach the listing date, all eyes will be on how SOLV performs and how effectively Solv Protocol can leverage this opportunity to expand its ecosystem and user base.

The post Binance to list Solv Protocol’s native token SOLV next week appeared first on CoinJournal.

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Analyst prediction: You might regret not buying more Ripple (XRP) and these 2 altcoins at current prices

The cryptocurrency market is preparing for significant upsides after weeks of bearish reversals, so smart investors should watch for growth coins. A number of leading analysts believe that Ripple (XRP), Rexas Finance (RXS), and Chainlink (LINK) could be must-haves. Here is why you should consider adding these coins to your portfolio going into 2025.

XRP: A Critical Juncture in 2025

Analysts and investors have noticed XRP’s continuous performance in the cryptocurrency market, and the token might just hit another level in 2025. The token rose 13% over the weekend, with experts like Ali Martinez drawing the crucial support level at $2.20. If XRP can sustain this level, it may break $2.70 soon.

Meanwhile, market watchers believe the growing excitement about Ripple’s legal battle with the SEC and the possible adoption of an ETF in 2025 is the real cause for a 10x surge, potentially pushing XRP above $20. Recent transactions on Ripple include 90 million XRP worth $200 million, showing greater network activity. Based on past market dominance, experts expect XRP to reach $8 after 250% growth in three months.

Investor confidence should rise after Ripple’s court victory, increasing XRP demand.  The growing popularity of the RLUSD stablecoin and the XRP Ledger further generates buzz, boosting XRP’s future potential. After resolving legal issues, expect Ripple’s price and adoption to rise.

Rexas Finance (RXS) to Ride the RWA Trend to New Highs

With the RWA tokenization market growing rapidly, Rexas Finance (RXS) is becoming one of the most exciting cryptocurrency projects. Since its September debut, the Rexas Finance presale has sold 386 million tokens and raised $34.2 million.

The RXS token price has climbed sixfold, from $0.03 to $0.175. This enormous growth shows increased interest in Rexas Finance, which efficiently and easily moves real-world assets (RWA) to the blockchain.

Rexas Finance tokenizes real-world assets, including art, commodities, and real estate, to create marketable digital equivalents. Among the platform’s advanced features is the Rexas Token Builder, a basic, no-code tool for creating tokens compliant with several standards, including ERC-20 and ERC-721. This is only one example of how Rexas Finance simplifies tokenization, allowing a broader audience to invest in asset-backed tokens.

Users can instantly create tokens using its QuickMint Bot on platforms such as Telegram and Discord, transforming how tokens are issued. Rexas Finance also uses Rexas GenAI, a cutting-edge AI technology that streamlines the construction of NFTs and asset valuations, making it easier than ever for creators and businesses to enter the crypto industry. These comprehensive tools are only the beginning for Rexas Finance as the platform grows.

Rexas Finance also prioritizes security, as evidenced by a recent Certik audit. This audit guarantees that the platform meets industry-leading standards for security and blockchain integrity, giving investors peace of mind.

To capitalize on the growing trend in the RWA Sector and form an active community, Rexas Finance is holding a $1 million ecosystem. The top 20 winners will receive $50,000 in RXS tokens. This event promotes RXS and rewards early backers who see its potential.  With the presale nearing its final stages, Rexas Finance’s price is expected to rise exponentially. Early predictions suggest a $5-$8 breakout. It is still available for $0.175. After the presale, RXS will be listed on at least three of the top ten global crypto exchanges, giving early investors a significant price boost.

Chainlink: A Strong 2025 Growth Foundation

Using smart contracts and Oracle technology, Chainlink was among the most sought-after crypto projects in 2024. Its growth was almost 50%, driven by its growing number of agreements, such as the integration of CCIP into Shibarium with the Shiba Inu ecosystem.

Analysts expect LINK to rise beyond $80 per token in 2025. The projected rise is due to strategic collaborations and technology use. LINK tokens could climb as more firms choose Chainlink’s decentralized oracles for data feeds, making LINK one of the most promising assets for the coming year. 

Conclusion

The cryptocurrency industry is promising, and XRP, Rexas Finance, and Chainlink are predicted to grow significantly by 2025. XRP’s SEC battle and ETF clearance could boost its price. Concentrating on real-world assets and blockchain integration, Rexas Finance is setting new norms for RWA tokenization and might provide investors with explosive returns. Chainlink has huge potential with its developing relationships and decentralized banking utility. In particular, Rexas Finance has changed blockchain. The forthcoming debut on major exchanges and focus on tokenizing real-world assets make Rexas Finance (RXS) a project you shouldn’t miss.

For more information about Rexas Finance (RXS) visit the links below:

Website: https://rexas.com

Win $1 Million Giveaway: https://bit.ly/Rexas1M

Whitepaper: https://rexas.com/rexas-whitepaper.pdf

Twitter/X: https://x.com/rexasfinance

Telegram: https://t.me/rexasfinance

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