Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Bitcoin Flirts With $80K, but Tariff Turmoil Is Still on the Horizon

Bitcoin bounced back to flirt with the $80K level during Tuesday’s early hours, taking advantage of the favorable session experienced by the major Asian bourses despite the tariff menace. Other assets like ether, XRP, and solana also recovered, but tariff risks may continue to affect market performance in the coming days. Bitcoin Surfs Around $80K CoinOtag

---

Here’s When Teucrium’s Leveraged XRP ETF Will Go Live in the US

Vermont-based asset manager Teucrium is launching the first XRP-based exchange-traded fund (ETF) in the U.S. today, a leveraged product that comes before a spot version even got a green light. The Teucrium 2x Long Daily XRP ETF (XXRP) will list on NYSE Arca, offering twice the daily performance of XRP. Why a Leveraged ETF First? The fund comes amid growing momentum for XRP ETFs. Multiple issuers, including heavyweights like WisdomTree, Franklin Templeton, Canary Capital, and 21Shares, have already filed for such products, with all of them still under review by the Securities and Exchange Commission (SEC). In a post on X, Bloomberg’s Eric Balchunas called the launch “very odd,” noting that leveraged products typically follow spot approvals. “Spot XRP still isn’t approved, though our odds are pretty high,” he added. The agency recently softened its stance on crypto following a reshuffle in its ranks instigated by Donald Trump’s victory in last year’s U.S. presidential election as well as a string of court losses. Last month, it decided to drop a long-running case against Ripple Labs, the creator of XRP. That settlement , which included a reduced fine of $50 million for Ripple, cleared a major hurdle for the crypto company and likely improved the chances for the approval of a spot ETF product tracking its native token. Teucrium’s fund targets short-term traders with a 1.85% management fee. The filing struck a cautious tone, highlighting risks like XRP’s volatility and declining performance . Demand for the product remains unclear, with Ethereum ETFs largely struggling as institutions still heavily focus on Bitcoin. XRP Price Action: A Mixed Bag As XRP gets ready to hit the market, the asset continues to show a mixed price trend. At press time, the token was trading at $1.87, posting a 7% gain over the past 24 hours. However, the short-term uptick failed to hide poor performances across different timeframes, with XRP slipping 11.2% in the last seven days. Furthermore, over the past two weeks, the asset fell 23%, while also losing nearly 20% of its value in the last month. Compared to the broader crypto market, which is down 8.2% after being caught on the wrong end of the aftereffects of President Trump’s new trade policies, XRP’s losses are slightly steeper. Still, on a yearly scale, the token is up by an impressive 215%, buoyed in part by favorable legal outcomes and the growing ETF speculation. The post Here’s When Teucrium’s Leveraged XRP ETF Will Go Live in the US appeared first on CryptoPotato . CoinOtag