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Hyperliquid’s native token, HYPE, is approaching its all-time high, fueled by the decentralized derivatives exchange capturing over 80% of the on-chain perpetual futures market.
The platform has seen its average daily trading volumes increase to a consistent range of $2-6 billion, a surge that coincides with a new partnership with Phantom wallet and recent network upgrades. Over the past 24 hours...
Circle, the issuer of the USDC stablecoin, is reportedly exploring a partnership with Ant Group to extend its presence into China, according to a July 10 report by Bloomberg.
Sources familiar with the matter reportedly said that Ant Group, parent company of Alipay and one of China’s largest financial technology firms, plans to integrate USDC into its blockchain infrastructure through its...
Binance founder and former CEO Changpeng Zhao has urged national governments to explore the use of artificial intelligence tools, particularly large language models (LLMs), to simplify their legal systems.
In a July 10 post on X, Zhao argued that AI could play a key role in making legal codes more understandable and accessible to everyday citizens.
According to him, many countries have...
A rally in the crypto market, pushing Bitcoin to a new all-time high above $121,000 on July 9, has ignited substantial gains across a range of altcoins, with memecoins and select DeFi tokens posting daily increases exceeding 30%.
The broad market uplift comes as Ethereum also shows strength, crossing the $2,780 mark with a 6% gain, buoyed by institutional interest and anticipation of future...
Bitcoin, which had spent much of the past month trading within a narrow range, suddenly broke out to a new all-time high of $112,000 on July 9.
The surge coincided with a sharp increase in the “Coinbase Premium,” a key indicator used to gauge Bitcoin demand among US investors.
According to data from CryptoQuant, BTC was trading over $48 higher on Coinbase than on offshore platforms like Binance...
Jack Dorsey, the founder of Twitter and CEO of Block, has thrown his support behind a new messaging application called White Noise.
His endorsement follows the recent release of his white paper for Bitchat, a Bluetooth-based messaging platform without internet connectivity.
Bitchat aims to be a privacy-first chat app that ditches the internet altogether to create localized chat rooms. Phones link...
In the past 24 hours, the crypto derivatives market saw $539 million in liquidations, with an overwhelming $469.87 million of that coming from short positions.
This wipeout came as Bitcoin reached a new ATH of $111,936 on Binance, before settling slightly lower at $111,230, a 2.33% increase from the day’s opening at $108,693.
Bitcoin’s upward move progressed steadily throughout the day, with only...
Ethereum (ETH) reclaimed the $2,700 threshold one day after spot exchange-traded funds (ETFs) listed in the US tracking the asset surpassed $4.5 billion in cumulative net inflows on July 8, according to Farside Investors’ data.
As of press time, Ethereum is priced at $2,723.98, up by 4.1% in the past 24 hours. ETH lost the $2,700 footing on June 12, spending almost a month below it.
Notably, the...
The first US-listed spot Solana exchange-traded fund (ETF) received $21 million of net inflows on July 8, lifting its running total to $41.2 million, based on Farside Investors’ data.
The one-day addition to the Rex-Osprey’s Solana + Staking ETF (SSK) 104% of the $20.2 million raised over the previous three trading sessions, effectively doubling net inflows.
[Editor’s Note: SSK isn’t a pure spot...
Greek authorities carried out the country’s first-ever crypto seizure after tracing funds linked to the record-breaking $1.4 billion hack of crypto exchange Bybit earlier this year.
The Hellenic Anti-Money Laundering Authority issued a freezing order on a suspect wallet following a months-long investigation aided by blockchain analytics firm Chainalysis.
The operation targeted funds allegedly...