The Hyperliquid Improvement Proposal 3 (HIP-3) upgrade enables permissionless perpetual market creation. Jeff Yan’s transparency push boosts trust in on-chain trading. Hyperliquid (HYPE) price has held above $40, eyeing resistance near $43.82. Hyperliquid (HYPE) has rallied sharply today, with HYPE jumping about 13% to $41.67 as markets reacted to a major protocol upgrade and a renewed debate over exchange transparency. The HYPE token price surge pared a weekly decline and sent market-cap metrics higher as traders digested both the technical […]
Key takeaways Binance’s BNB is up 11% in the last 24 hours and has set a new all-time high of $1,370. The crypto exchange paid $283M in compensation to users affected by the depegging of three assets on its platform. BNB hits a new ATH as Binance comes under fire BNB, the native coin of the Binance ecosystem, has continued its excellent performance by hitting a new all-time high earlier today. The coin touched $1,370 early on Monday, setting a […]
A reported $600 million BNB fund signals a shift in Asia’s crypto strategy. Asian institutions are favoring ‘infrastructure tokens’ over store-of-value. The West tokenizes TradFi, while the East builds crypto-native liquidity. On the surface, it looks like a straightforward bet on a crypto behemoth. The reported plan by China Renaissance to raise 600 million dollars for a BNB-focused investment vehicle, with Binance founder Changpeng Zhao’s own YZi Labs investing alongside, seems like a simple vote of confidence in the world’s […]
The crypto market suffered its “largest single-day wipeout in crypto history.” Nearly $20 billion in liquidations were triggered on Friday alone. The crash was sparked by President Trump’s new tariff threats against China. It was a brutal and historic bloodbath, a sudden and violent purge that resulted in what one analyst has called “the largest single-day wipeout in crypto history.” A promising “Uptober” rally was brought to a catastrophic halt on Friday as a geopolitical bombshell from the White House […]
Bitcoin plunged 12% after Trump’s new China tariffs. Crypto market saw $19B in liquidations amid panic selling. Analysts predict possible strong rebound this week. Bitcoin took a sharp plunge on Friday, falling more than 12% after President Trump announced a 100% tariff on Chinese imports, sparking fears of a new trade war. The news sent shockwaves through the crypto market, wiping out over $19 billion in liquidations and causing panic selling among millions of traders. Bitcoin briefly dropped below $105,000 […]
The collaboration aims to merge NFTs with institutional funds. Sharp’s Solana-based treasury network will enhance cross-chain interactions and capital efficiency. PENGU has gained more than 2% after the announcement. NFT brand Pudgy Penguins has entered a strategic alliance with publicly listed Sharps Technology to explore how to integrate non-fungible tokens into on-chain treasury strategies. The development is crucial as it marks a significant move in Pudgy Penguin’s growth beyond Web3. 🚨NEW: @pudgypenguins has partnered with Nasdaq-listed Sharps Technology to integrate […]
Deutsche Bank says gold now makes up 24% of central bank reserves, the highest share since the 1990s. Analyst Marion Laboure sees parallels between gold and Bitcoin as safe-haven, low-correlation assets. Deutsche Bank predicts both Bitcoin and gold could join central bank reserves by 2030. Global central banks are expanding their gold holdings at a pace not seen in decades, a trend that could have major implications for Bitcoin, according to a new report from Deutsche Bank. The bank’s strategists […]
Solana price maintains near the $220 level amid market volatility, buoyed by ETF hopes. Daily network transactions drop 50% from July’s 125 million peak. The total value locked hovers above $32 billion despite reduced on-chain activity. Solana’s price hovers around $220 even as on-chain data reveals a significant contraction in network activity. While a 50% dip in transactions is a factor to pay attention to, anticipation surrounding potential spot exchange-traded funds approvals and growing corporate interest provide bullish fuel for […]
Canary files updated XRP and Solana ETF registrations, cutting fees to 0.50%. SEC’s crypto-friendly shift speeds up ETF approvals under new listing standards. Pending crypto ETFs may see faster approvals once the US government reopens. Canary Capital is moving closer to securing approval from the US Securities and Exchange Commission (SEC) for its proposed exchange-traded funds (ETFs) tracking XRP and Solana (SOL). The firm recently updated two of its registration statements, signaling that it may be nearing the final stages […]
Dash price exploded 44% to near the $50 mark, its highest level since December 2024. Tornado Cash also spiked as tokens like Verge, Decred mirrored the Zcash price. Privacy coins are signalling a bullish comeback as the crypto market embraces older coins. Privacy-focused cryptocurrencies staged a strong comeback this week, with Dash (DASH) soaring more than 44% and notable gains also seen in Verge (XVG) and Tornado Cash (TORN). The rally follows a sharp rise in Zcash (ZEC) over recent […]