TL;DR HYPE rebounds from $34 to $47, with $50 as the next key resistance level to watch. Open interest climbs 5% to $2.02B as traders position for a potential breakout. Network leads in fees, funding consistent buybacks that add steady demand to the market. Price Nears Previous Peak Hyperliquid (HYPE) is changing hands at $47,…
A policy whiplash at Google set the crypto industry ablaze on Wednesday before ending in a rare and explicit climbdown: non-custodial wallets are not covered by the Play Store’s new licensing regime. The clarification, posted by Google’s official communications account on X late August 13, came after lawyers, developers, and high-profile Bitcoiners blasted an earlier…
Bitcoin just hit a new all-time high, days after breaking a previous record, proving yet again why it’s the greatest investment asset – certainly from an accessibility point of view – of the 21st century. $BTC climbed to $124,501 in the early hours today, edging past its previous all-time high of $123,217 by the slimmest…
TL;DR Ripple whales are back with sizeable accumulations, which could be the ultimate prerequisite for an XRP surge. Data shared by popular crypto analyst Ali Martinez indicates that these large market participants have bought 320 million XRP in just three days, a fortune that is valued at roughly $1 billion at today’s prices. 320 million…
Chainlink (LINK) has been the quiet achiever in the altcoin world, surging almost as much as Ether over the past 30 days. “LINK might be the most obvious large-cap play for this cycle, yet most people will miss it,” opined crypto analyst Miles Deutscher on Thursday. Chainlink is the number one winner from the institutionalization…
Venture Capital (VC) firm Andreessen Horowitz (a16z) and nonprofit research and advocacy organization DeFi Education Fund (DEF) have jointly submitted a key proposal to the Securities and Exchange Commission (SEC) to protect developers and innovation. A16z, DeFi Group Partner For Crypto Policies On Wednesday, a16z and the DeFi Education Fund sent a letter to SEC…
The Google Play Store announced on Wednesday a new policy mandating that developers of cryptocurrency wallet applications secure a license before their software can be published. This policy is particularly focused on 15 jurisdictions, including the European Union (EU) and the United States, and delineates specific regulatory frameworks that developers must adhere to in order…
The cryptocurrency exchange Bullish experienced a notable debut on the New York Stock Exchange (NYSE) on Wednesday, opening at $90 per share—a 143% increase from its initial public offering (IPO) price of $37. According to CNBC data, the stock, trading under the ticker name BLSH, quickly attracted attention, reaching a halt at around $102.44 per…
The stablecoin market is witnessing a remarkable surge. Billions of fresh capital are potentially setting the stage for increased trading activity and asset appreciation. USDT and USDC’s combined growth means investors are positioning for further upside across the crypto market. Billions in Fiat Pour Tether’s USDT saw its market cap climb from $120 billion before…
Crypto firms may get fresh guidance from the Securities and Exchange Commission even if Congress takes its time, Republican Commissioner Hester Peirce told Bloomberg. Peirce, also known as “Crypto Mom”, said agency staff have been working on guidance since January and that the SEC plans to use its existing authority to clarify how securities laws…