Hyperliquid’s HYPE token defies market downturn with major gains

The total crypto market capitalization fell off a cliff between June 10 and 13 as it broke below $1 trillion for the first time since January 2021. Bitcoin (BTC) fell by 28% within a week and Ether (ETH) faced an agonizing 34.5% correction.Total crypto market cap, USD billion. Source: TradingViewPresently, the total crypto capitalization is…

Ahead of Bitcoin’s third halving early next week, the markets have rallied to test the crucial $10,000 zone.While the halving has historically been seen as a catalyst for major shifts toward bullish momentum in the markets, Bitcoin enters this halving amid a global climate of extreme economic uncertainty, and on the back of a nearly…

RMB stablecoin team allegedly arrested On May 31, local news outlet PANewsLab reported that the developers for the offshore Chinese RMB and Hong Kong dollar stablecoin issuer CNHC had allegedly lost contact or had been taken away by law enforcement officials. A photo shows what appears to be an empty office building at CNHC’s Shanghai…

The world's second-largest stock exchange, Nasdaq, is allegedly testing trading of a bitcoin (BTC)-based product, according to a tweet by an analyst at quantitative trading analytics service StrongMarket on April 22.Twitter personality Cryptopolis, a quantitative analyst at StrongMarket, tweeted that he bought one bitcoin through an account on retail brokerage firm TD Ameritrade (NASDAQ: AMTD)…

The British Financial Conduct Authority (FCA) has warned investors of a fraudulent company posing as the Swiss Investment Corporation, an FCA-authorized firm offering crypto investments, and another company that is a clone of Goldman Sachs, the regulator announced on June 14.The financial regulator has blacklisted a firm operating under the domain swissinvest.biz. According to the…

“We need to relate and provide products to future generations to continue to tackle the global hunger crisis but at the same time make the products engaging and interactive,” says Shawn Kurz. 256 Total views 17 Total shares When he’s not designing merch for the NBA or supplying coffee for big retailers, Shawn Kurz is…

The commentary came as the Ethereum co-founder denies allegations that he’s cashing out crypto for profit.

Crypto exchange OKEx has issued an official statement today, August 3, in response to its forced liquidation of a colossal misfired Bitcoin (BTC) futures trade worth a notional $416 million that was initiated by an unidentified problem trader earlier this week. OKEx, currently the world’s second largest exchange by traded value, has said that its…