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A widely followed crypto strategist thinks several fundamental factors are conspiring to send the layer-1 protocol Hyperliquid (HYPE) to much higher valuations.
Pseudonymous analyst Flood tells his 255,500 followers on the social media platform X that he’s bullish on the decentralized exchange even after HYPE printed a new all-time high of $39.68 yesterday.
According to the analyst, HYPE is “...
Cantor Fitzgerald, a global financial services firm specializing in investment banking, is announcing the launch of a business aimed at providing leverage to institutional Bitcoin (BTC) investors.
According to a new press release, the firm’s new Bitcoin Financing Business has performed its first transactions successfully.
Cantor’s Bitcoin Financing Business anticipates making $2 billion in...
A cybersecurity incident has compromised the sensitive personal information of tens of thousands of Americans, leaving them exposed to fraud or identity theft.
In a new filing with the Office of the Maine Attorney General, the City of Sheboygan, Wisconsin, says it discovered a serious breach affecting 67,947 Americans.
The law firm representing the Sheboygan city government, Constangy, Brooks,...
The $65 billion Dutch pension fund PME is reportedly warning US money managers not to abandon their “basic principles of stewardship” during the Trump era.
According to a new Bloomberg report, PME says US money managers are allegedly risking significant business by “caving into pressures” from President Donald Trump’s administration by abandoning basic principles of responsible investing.
Says...
The CEO of Tether Holdings, Paolo Ardoino, is highlighting that the USDT stablecoin is largely backed by an asset widely regarded as safe and highly liquid.
In a new CNBC interview, Ardoino says if Tether were a country, the USDT issuer would rank among the top 20 largest foreign holders of US Treasuries.
“We have $152 billion now in issued tokens. And we have $172 billion in total reserves. We...
A new study conducted by the US-based crypto exchange Gemini confirms the idea that digital asset ownership skews to the younger demographics.
According to Gemini’s 2025 Global State of Crypto report, about half of those surveyed who were born between the years of 1981 and 2012 are either currently invested in crypto or have at some time in the past.
“The common narrative is that cryptocurrency...
Bitcoin has opened the week higher in what some prominent industry voices are flagging as a sign that BTC may be starting to act as a safe haven asset.
Chainlink (LINK) creator Sergey Nazarov says that the flagship cryptocurrency appears to be decoupling from the stock market and behaving more like gold, Fox Business reports.
“Bitcoin is starting to behave as a safe haven asset, and there’s...
An investor is suing Coinbase, accusing the US-based crypto exchange of violating securities laws and causing its stock to drop as a result.
Brady Nessler filed a class action lawsuit in the Eastern District of Pennsylvania on behalf of any individuals and entities who acquired publicly traded Coinbase securities between April 14th, 2021 and May 14th, 2025.
Nessler’s legal team alleges the...
May 27, 2025 – Dubai, United Arab Emirates
Falcon Finance, the next-generation synthetic dollar protocol backed by DWF Labs, has announced a strategic integration with HOT Wallet, a rapidly growing self-custody solution tailored for retail crypto users.
This partnership aims to embed USDf, Falcon’s overcollateralized synthetic dollar, into HOT Wallet’s ecosystem, providing users with seamless...
A new bank fraud scam has been targeting senior citizens on Long Island.
At a press conference last week, Suffolk County Executive Ed Romaine warned that a ring of con artists has been calling seniors and impersonating their banks.
The fraudsters tell the seniors, “Your bank account is under attack,” and their credit and debit cards don’t work anymore. The con artists then offer to pick the...