Hyperliquid’s SK Hynix perpetual contract, xyz:SKHYNIX, fell 17.9% on Tuesday after a nasty value print in Seoul. Around $57.4 million in lengthy positions was liquidated throughout 960 accounts. Hyperliquid neither deployed nor operated that market. Trade.xyz did, beneath a framework known as HIP-3. That distinction decides who managed the worth feed, and who might be…
Ethereum withdrawals from BitMart have jumped to their highest degree in a 12 months. Users are dashing to tug ETH earlier than the alternate finishes winding down its buying and selling platform. The alternate had frozen withdrawals briefly, then reopened them inside the final day. That reopening triggered an instantaneous rush for the exits. BitMart’s…
Robinhood now leads each tokenized inventory platform by holder depend, 4 weeks after launching its personal blockchain. Nonetheless, meme cash, not equities, nonetheless dominate the Robinhood Chain. Pons (PONS) has overtaken Cash Cat (CASHCAT) because the community’s largest token by market cap. Robinhood Wins the Holders and Trails on Value Tokenized fairness holders crossed 752,000…
According to the most recent cryptocurrency market evaluation by Bitfinex, Bitcoin is consolidating inside a slim vary because the cryptocurrency market enters a part of low liquidity and heightened macro sensitivity, with institutional participation fading and key technical ranges defining the near-term trajectory. The largest digital asset by market capitalization posted its fourth consecutive weekly…
Elon Musk says he plans to offer away practically his whole fortune. The pledge solutions a public problem from Nobel Prize-winning economist Daron Acemoglu. The problem cited a declare Musk made in a video interview. He stated robots and synthetic intelligence (AI) will quickly make items so plentiful that cash loses its which means. Acemoglu,…
The Hong Kong Monetary Authority (HKMA) printed a white paper on quantum preparedness on July 27, ranking its banking sector 2.3 out of 10 and focusing on full readiness by 2030. Bitcoin (BTC) faces the identical quantum risk however has no regulator to set a deadline. Its transition relies upon completely on group consensus, which…
Charles Hoskinson says Cardano’s “greatest days are forward,” at the same time as its native token, ADA, trades 95% under its all-time high. The Cardano founder made the comment throughout a latest X AMA. He was responding to ADA’s extended hunch and the criticism that has adopted it. Why Cardano is Feeling the Pressure ADA…
Arthur Hayes purchased 3,298 extra Ether (ETH) value $6.39 million hours earlier than Ethereum’s spot value slid from $1,960 to $1,872. The buy extends a shopping for streak that started July 15. Hayes has now spent $13.87 million on 7,213 ETH at a median value of $1,923, leaving him roughly $368,000 underwater. A Buying Streak…
Nic Carter reportedly virtually joined World Liberty Financial (WLFI), the Trump household crypto enterprise. He allegedly walked away when cofounder Steve Witkoff stated “memecoin” as “me-me” cash. Carter described the 2024 Miami assembly to New York journal. World Liberty says his account is unsuitable, and that it by no means provided him the job. Witkoff…
Peter Schiff has a message for Bitcoin bulls. Buy BTC itself, he says, not Michael Saylor’s Strategy inventory. The firm offered $544.5 million of MSTR shares final week. It purchased no Bitcoin. Schiff factors to at least one quantity. MicroStrategy’s Bitcoin Yield has fallen to 4.5% this 12 months, he says. It stood at 13.3%…