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Crypto

Ethereum issuance-cut plan withdrawn from Hegota candidates, to be handled separately

Ethereum proposal EIP-8363, aimed at reducing issuance, has been dropped from consideration for the next network upgrade, Hegota. The move reflects the view that changes to issuance policy should be discussed through a separate governance process rather than bundled with a standard fork. Ethereum France representative Jerome de Tychey said he withdrew the proposal from Hegota review. The proposal has drawn extensive debate and mixed reactions from market participants.

Crypto

Ethereum\'s \'September curse\' may end, best September performance since 2016 in sight

Ethereum is on track to post its strongest September gain since 2016 after rising about 9 percent this month. It traded at $2,712.51 on Sept. 29, with a monthly gain of up to 9.76 percent, according to Cryptopolitan. The token has typically fallen in September. Recent moves include increased open interest on Hyperliquid, mixed positioning by large traders, growing spot accumulation and rising staking that is reducing supply available to the market.

Crypto

REX Shares and Tuttle launch ASSX, a 2x leveraged ETF tied to Strive shares

ETF manager REX Shares and asset manager Tuttle Capital Management have launched a leveraged ETF designed to track twice the daily performance of bitcoin treasury company Strive’s stock. The product, called the T-REX 2X Long ASST Daily Target ETF, trades under the ticker ASSX and began trading on Cboe on Sept. 18. It does not hold bitcoin and is not a bitcoin price-tracking product. Leverage is reset daily, so returns can diverge over holding periods longer than a day.