Key Takeaways: Hyperliquid introduces HyperEVM, an Ethereum Virtual Machine, directly secured by the layer-1 blockchain. A bug bounty program with rewards up to $1 million aims to bolster the security and stability of HyperEVM. The integration of HyperEVM with Hyperliquid’s native components seeks to offer deep liquidity and low transaction fees. Hyperliquid is entering the […]
We’re already starting to see the seeds of second layer potential develop from the base layer primitives that have been added or optimized in the first decade. Lightning, while still subject to some pretty big limitations, is really starting to thrive. And that is just the limited first version that is currently specified and deployed. […]
The volatile memecoin LIBRA was created by the same team behind US First Lady Melania Trump’s MELANIA asset, according to the blockchain analytics and visualization platform Bubblemaps. Argentinian President Javier Milei backed the launch of LIBRA, a token supposedly designed for “encouraging the growth of the Argentine economy.” LIBRA’s market cap soared to $4 billion […]
One of the co-founders of the controversial memecoin LIBRA says the project itself “sniped” the token right after it rolled out. In crypto trading, sniping refers to the practice of using trading bots or scripts to buy a newly launched coin ahead of big transactions or the entry of retail traders. Snipers get their edge […]
Bitcoin has remained below US$100k since February 7 after hitting its all-time high of US$109,114 in January. The coin has seen 81 days of consolidation amid low volatility and macroeconomic uncertainty. Institutional adoption continues with Abu Dhabi’s sovereign wealth fund investing US$436 million in BlackRock’s Bitcoin ETF while several US states explore Bitcoin reserves. Analyst […]
An analyst for the market intelligence platform CryptoQuant has predicted that bitcoin (BTC) could experience the “sell in May effect” in the coming months, even as the bull cycle remains unfinished. According to the report by Oinonen, BTC is expected to have a sideways summer and experience elevated price levels by the last quarter of […]
Ethereum is trading at crucial demand levels, facing intense selling pressure and struggling to reclaim the $2,800 mark. The recent price action has raised concerns among investors, who are trying to stay calm amid rising volatility but fear that Ethereum could drop further. The broader crypto market sentiment remains divided, with Ethereum significantly underperforming Bitcoin […]
This week, the Libra memecoin sparked an international scandal involving the president of Argentina. To understand it, one must look back to June 2024.
ADA price likewise recorded 126% growth
A Google Web3 specialist for the Asia Pacific region recently disclosed that the tech titan has allied with pivotal Bitcoin network contributors to “lower entry barriers.” Among proposed innovations, the expert revealed plans to integrate existing Google authentication protocols with bitcoin wallets, potentially bridging mainstream digital identities with decentralized asset management. Google Specialist Says Tech […]
Robinhood is expanding its services to the Asian market, now setting its sights on Singapore as a base for its activities in the region. The trading platform plans to introduce crypto products in the country once it finalizes its $200 million acquisition of crypto exchange Bitstamp, a deal that was announced last year, Bloomberg reported. […]
Nigeria is amending regulations to allow cryptocurrency trading and digitized transactions to be taxed as it seeks to boost revenue.
Hundreds of new tokens flood the market now and then, making it difficult for investors to identify the altcoin with the best crypto presale. Adding to the mix are the rampant pump-and-dump schemes that have left many investors wrecked. Yet, none of this has stopped Degens and seasoned market participants from hunting for the next […]
XRP is currently trading at $2.58, registering a 3.56% increase over the past week. In technical analysis, the RSI rebounded from 30, indicating a possible recovery, while the MACD shows a positive divergence, signaling a potential bullish move. Additionally, the SEC acknowledged an ETF application for XRP, boosting market optimism. The SEC and Its Impact […]
Stablecoins could serve as a boon for US dollar adoption, according to the Atlantic Council, a nonpartisan think tank. Barbara C. Matthews and Hung Tran, senior fellows at the Council’s Geoeconomics Center, note in a new analysis that the $227 billion stablecoin market is “tiny” compared to the $6.22 trillion US capital markets and the […]
SUI is facing mounting pressure as bearish sentiment continues to dominate the market, driving its price toward a critical retest of the $2.8 support level. This key price point has become a focal point for traders and investors, as it could determine the token’s short-term trajectory. Recent market trends have seen SUI struggle to regain […]
FTX is set to repay $1.2 billion to creditors on Feb. 18, marking a key step in the exchange’s bankruptcy proceedings.
TL;DR Pi Network’s upcoming Open Network launch has sparked speculation, with major exchanges preparing to embrace the token and Binance considering a listing through a community vote. While some predict Pi could reach $314, its large supply makes such valuations unlikely, as it would require a market capitalization nearly ten times the entire crypto market’s […]
Australia’s financial crimes watchdog, AUSTRAC, has written to over 50 companies, including many involved in the crypto industry, over their failure to meet their reporting requirements under Australia’s anti-money laundering and counterterrorism financing laws. AUSTRAC said it’s already taken action against 13 crypto exchanges this year for failing to disclose the criminal histories of key […]
Argentine President Javier Milei denied any wrongdoing regarding his involvement in Libra, a cryptocurrency he shared on social media, the price of which tanked hours later. Milei stated that he didn’t endorse Libra and compared this investment to going to the casino. Milei Refers to Investing in Libra as Going to the Casino Argentine President […]
Bitcoin’s most important sentiment indicator finally reset
FTX has started repaying creditors today (Tuesday), beginning with those in the “Convenience Class.” This group includes creditors with claims of $50,000 or less. These individuals will receive full repayment along with 9% annual interest accrued since November 2022. FTX has partnered with BitGo and Kraken to process the payments. Funds are expected to reach […]
The cryptocurrency market has entered a new phase, defined by record-breaking milestones and regulatory shifts that are reshaping opportunities for …
The chief executive of crypto asset management firm Bitwise believes that 2025 will be a pivotal year for Bitcoin (BTC). On the social media platform X, Hunter Horsley lists seven reasons why he expects Bitcoin to witness a massive breakthrough this year. According to Horsley, he expects Bitcoin to see more capital inflows this year […]
The universe of cryptocurrencies is a sea of speculation, and occasionally, the truth takes a bit of unearthing to surface. The recent investigation has turned up a bunch of murky connections between the short-lived but notorious tokens MELANIA and LIBRA and the same sketchy team of creators. What appeared to be separate, unrelated, and isolated […]
In a post shared on X with his 700,000 followers, market veteran CRYPTO₿IRB (@crypto_birb) outlined what he believes could be one of Bitcoin’s final major pullbacks before an eventual surge to a six-figure price target. In his own words: “BTC LAST DIPS BEFORE $273K? Here’s why:” He backed up this claim with a series of […]
Elon Musk plans to send a Tesla Bot with Grok AI to Mars by late 2026.
TL;DR Kim Wong defended Pi Network’s legitimacy, highlighting its global adoption and compliance with identity regulations. Doubts persist regarding its referral-based mining model and an alleged data breach in 2021. Its token has gained presence on exchanges like OKX and Bitget, while rumors about a possible Binance listing continue to grow. Pi Network remains at […]
TL;DR Standard Chartered, Animoca Brands, and HKT have teamed up to launch a Hong Kong dollar-backed stablecoin. The new stablecoin aims to streamline both domestic and international payments, leveraging the banking infrastructure and mobile payment expertise of the partners. Hong Kong is advancing its stablecoin legislation, providing a regulatory framework that fosters innovation while ensuring […]
The president of Argentina is facing a potential impeachment trial over his alleged role in a memecoin pump-and-dump scheme. Late last week, in a now-deleted post, Argentinian President Javier Milei announced the launch of LIBRA, a token supposedly designed for “encouraging the growth of the Argentine economy,” along with a Solana (SOL) contract address. LIBRA’s market […]
International digital asset management firm CoinShares says institutional crypto investors have finally ended their post-US election 19-week crypto buying spree. According to Coinshares, institutional whales pulled over $415 million out of crypto products last week after nearly 20 weeks of inflows. “Digital asset investment products saw their first significant outflows, totaling $415m, following an unprecedented 19-week […]
Solana (SOL) has been downtrending and retracing heavily over the past month. The asset has declined 40% since its Jan. 19 all-time high of $293, and the trend seems set to continue as meme coin mania fades. Moreover, SOL is down a further 8% on the day, falling below $170 for the first time since […]