Bitwise is looking to launch an exchange-traded product tracking Hyperliquid’s token, amid volumes on crypto futures exchanges hitting all-time peak volumes.
An ether (ETH) trade on Hyperliquid turned out to be the biggest liquidation hit in the past 24 hours as crypto traders took on more than $1.19 billion in leveraged positions amid a market downturn.
XRP’s push above $2.90 collapsed under heavy selling on Sept. 25, with a $277 million volume spike hammering price back to $2.75. The move erased more than $18 billion in market value over the past
Kadan Stadelmann, chief technology officer at Komodo Platform, told Cointelegraph treasury companies are competing to see who can create the most enticing structure.
Ethereum exchange balances dropped to a nine-year low of 14.8 million ETH as digital asset treasury firms and exchange-traded funds accelerate buying.
Stablecoin issuer Circle has partnered with crypto infrastructure and self-custody platform Crossmint to offer USDC across more chains for both humans and AI agents.
Crypto exchange Gate has launched Gate Layer, a proprietary Layer 2 blockchain designed to boost transaction throughput and reduce costs, while simultaneously rolling out a major upgrade to the GT (GateToken) ecosystem Built on the
Australia has released draft legislation to create new crypto products, bringing the crypto companies under the same rules as financial services businesses.
The number of crypto millionaires has jumped 40% year-on-year to over 240,000, driven mainly by institutional adoption, according to Henley & Partners.
Galaxy Digital’s Mike Novogratz says US crypto legislation will unleash new market participation, which could break the traditional four-year cycle.
Good Morning, Asia. Here’s what’s making news in the markets: In the lead-up to Seoul’s Korea Blockchain Week, discussions about a Korean Won stablecoin were among the leading narratives. The idea carries political weight, positioning
US Commodity Futures Trading Commission acting chair Caroline Pham said her agency is looking to allow derivatives traders to post stablecoins and tokenized assets as collateral.
Ian Calderon, a former California lawmaker and Bitcoiner, started his campaign for California governor as a long shot among several established candidates.
Over $1.8 billion was flushed in one of the year’s most significant long liquidation events. An analyst says a dip back to the support zone is possible.
Investors didn’t take too kindly to new crypto acquisitions from treasury companies on Monday, while announcements from crypto-pivoting businesses had the opposite effect.
ETHZilla CEO McAndrew Rudisill said the company’s strategy is to deploy Ether on the Ethereum network through layer-2 protocols and tokenizing real-world assets.
Nine US lawmakers asked the SEC to move forward on last month’s executive order to speed up the inclusion of alternative assets like crypto in US retirement funds.
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed
The lion’s share of donations has come from trading fees for a newly launched memecoin called $GIGGLE, launched by an X user known as RUNE.
BitMEX co-founder Arthur Hayes sold his entire HYPE stash, netting over $800,000 in profit. The move comes just weeks after his wildly bullish 126x prediction.
The Ronin Treasury will begin a $4.6 million RON buyback starting on Sept. 29, which is expected to reduce the circulating supply of RON by 1.3%.
Crypto.com CEO Kris Marszalek says the exchange had disclosed a 2023 security breach to regulators, and accusations suggesting otherwise were misinformation.
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed
Vitalik Buterin said low-risk DeFi protocols can bring in stable revenue for the network, like how Google Search does for Google, but while also ensuring Ethereum’s core values remain intact.
YZi Labs has invested further into Ethena to push USDe adoption across more chains and platforms, while also assisting with the development of a new stablecoin.
Kalshi is pulling ahead in the prediction market race, capturing a dominant share of trading volume even as competitors like Polymarket push into regulated U.S. territory. From Sept. 11 to 17, Kalshi accounted for 62%
Liquidity is set to flow into private financial markets once the United States Treasury fills its General Account with $850 billion.
Economist Timothy Peterson said that the US Federal Reserve’s upcoming actions are likely to “jolt Bitcoin and alts up substantially.”
Nearly a decade after losing access to his Coinbase account, NBA star Kevin Durant is once again in control of his Bitcoin holdings, according to the exchange CEO.
The distribution marks the third payout to creditors of the former exchange as it continues dispensing up to $16.5 billion in funds.
The bill to establish rules for payment stablecoins was signed into law by US President Donald Trump in July and awaits final regulations before implementation.
Trump is reportedly exploring other CFTC leadership options after the Winklevoss twins derailed Brian Quintenz’s nomination over enforcement disputes with the Gemini exchange.
Into The Cryptoverse founder Benjamin Cowen said such a steep drawdown isn’t guaranteed, but “history would at least caution us.”
Novel ETFs tracking XRP and Dogecoin have surpassed analyst trading volume expectations, together seeing $54 million in trades on their debut.
PayPal is adding support for a permissionless version of its PYUSD stablecoin on Tron, Avalanche and several other blockchains via LayerZero and its Stargate Hydra bridge.
Nubank Vice-Chairman Roberto Campos Neto said the bank will test stablecoin credit card payments, as adoption of stablecoins accelerates across Latin America.
Livestreamers on Pump.fun placed a golden statue of Donald Trump holding a Bitcoin outside the US Capitol as part of a memecoin stunt.
Ethereum co-founder Vitalik Buterin defended his blockchain’s 45-day exit queue after Galaxy Digital’s head of digital called it “troubling,” sparking backlash.
A total of 167 workdays have passed since Trump’s inauguration — though David Sacks’ team reportedly insists he has been cautious not to exceed his limit.
Colombians will soon be able to receive and store USDC through MoneyGram’s new crypto app, which is launching soon in app stores.
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed
Bitwise’s Matt Hougan says a more straightforward SEC listing process could lead to more crypto ETFs, but that doesn’t mean they’ll all attract money.
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed
The UK has discussed adopting a more crypto-friendly approach with the US in a bid to boost industry innovation and attract more investment to Britain.
Bitwise’s Stablecoin & Tokenization ETF would track companies tied to stablecoins and tokenization sectors, as demand for onchain assets accelerates under new US rules.
Shares in the Bitcoin-buying firm KindlyMD dropped 55% after CEO David Bailey encouraged low-conviction traders to exit.
American Express cardholders can now receive NFT passport stamps showing the countries they’ve visited as a way to commemorate their past travels.
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed
Strategy’s Michael Saylor and BitMine’s Tom Lee are among 18 industry leaders who will look at ways to pass the BITCOIN Act and enable budget-neutral ways to buy Bitcoin.
Monero rose on Sunday despite an 18-block reorg just hours prior that reversed around 117 transactions in the latest attack by Qubic.
