Hyperliquid’s HYPE token defies market downturn with major gains
Hyperliquid’s HYPE token has surged 176% since its launch, outpacing Bitcoin and Ether, driven by buybacks and strong fundamentals — but analysts say altseason is still ahead.
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Binance Announces Ruble Trading at Russian Gov’t-Sponsored Event
Binance, one of the largest global crypto exchanges, will soon add support of fiat trading, starting with the Russian ruble.Adding ruble support in “about two weeks”The news was publicly announced by Binance CEO Changpeng Zhao (CZ) at a Russian government-led event, the Open Innovations Forum in Moscow on Oct. 21. By adding Russia’s national cryptocurrency…

Fed Chair: ‘We Have the Ability to Create Money Digitally’
Fed Chair Jerome Powell said the bank has flooded the economy with money and would continue lending programs for as long as they’re needed. 556 Total views 6 Total shares Chair of the United States Federal Reserve Jerome Powell recently spoke about measures taken during the financial crisis, with many on Twitter viewing his remarks…

Vermont follows SEC’s lead, drops staking legal action against Coinbase
Vermont was one of 10 US states that launched legal action against Coinbase in 2023, alleging the exchange was offering unregistered securities to users. US state Vermont has dropped its “show cause order” against crypto exchange Coinbase for allegedly offering unregistered securities to users through a staking service. Vermont’s Department of Financial Regulation said in

Japan: Crypto Classified as ‘Crypto-Assets’ to Prevent Confusion With Legal Tender
The Japanese Financial Services Agency (FSA) has placed cryptocurrencies into a new legal category called “crypto-assets,” English-language local media The Japan News reports Dec. 15.By classifying cryptocurrencies like Bitcoin (BTC) this way, the government reportedly “hopes that traders will no longer purchase them believing that they are legal tender recognized by the government.”On Friday, an…

Prediction markets rise 565% in Q3, fueled by US elections
Decentralized prediction markets could offer more accurate predictions for the US elections than traditional polling systems, according to Elon Musk.

Kalshi accepts Bitcoin deposits in bid to woo crypto-native users
The predictions marketplace is expanding its crypto on-ramps with Bitcoin deposits to onboard more Web3 users. Prediction marketplace Kalshi has started taking Bitcoin (BTC) deposits in a bid to onboard more crypto-native users. The company that lets users bet on events ranging from election outcomes to Rotten Tomatoes film ratings has seen a strong uptake

Gene Simmons says he’s added $300K of Cardano to his bags
Kiss bassist Gene Simmons has again taken to Twitter to shill his crypto holdings, claiming to have now invested in Cardano. 1460 Total views 17 Total shares The iconic bass player of rock band Kiss and recent recruit to Elon Musk’s “Dogecoin army,” Gene Simmons, has announced a six-figure investment into Cardano (ADA).On Feb. 19,…

Why is the crypto market down today?
The cryptocurrency market’s growing correlation with the Nasdaq 100 hinders bullish prospects as the month draws to a close.