Hyperliquid led all blockchain networks in fee generation over the past 30 days. Latest figures suggest that it recorded $97.7 million and accounting for 35% of total fees across chains. Hyperliquid Dominates Fee Charts Hyperliquid regularly allocates part of this revenue for HYPE token buybacks, contributing to upward price pressure. Tron ranked second with $58.8 million…
TL;DR Solana price rebounds from $160, forming higher lows with a $210 target on bullish charts. Whales moved over $40 million in SOL to exchanges, some locking in significant profits. Hong Kong approves Solana for retail trading, joining BTC, ETH, AVAX, and LINK on licensed platforms. Price Recovery and Technical Setup Solana (SOL) has climbed…
Buy-side pressure among Shiba Inu holders has weakened since its price hit an intraday high of $0.00001406 on Saturday. Trading at $0.00001304 at press time and hovering just above a critical support level of $0.00001295, SHIB appears poised for further declines in the near term. SHIB Investors Shift to Short-Term Profits SHIB investors have reduced…
Safety Shot, the company behind Yerbaé’s plant-based beverage designed to reduce blood alcohol content, has made its debut in the crypto market through a strategic partnership with BONK founding contributors. The collaboration includes an initial allocation of $25 million in BONK tokens as part of a comprehensive BONK treasury initiative. $BONK contributor @TheOnlyNom announces first…
Kazakhstan authorities have dismantled an illicit electricity supply scheme worth an estimated $16.5 million that powered cryptocurrency miners in violation of national regulations. Key Takeaways: Kazakh authorities shut down a $16.5M illegal power scheme. Mining firms received over 50 megawatt-hours of electricity in violation of rules. Kazakhstan is tightening mining regulations while advancing plans for…
World Liberty Financial’s deal with ALT5 Sigma Corporation has set the first market value for WLFI, the Trump-backed DeFi project’s token, at $0.20, marking its debut valuation since the token’s sale last year. Key Takeaways: ALT5’s share swap with World Liberty Financial set WLFI’s first valuation at $0.20. Several institutional investors and venture capital firms…
Circle Internet Group, Inc. (NYSE: CRCL) has unveiled Arc, an open Layer-1 blockchain designed specifically for stablecoin finance, marking what the company calls a “defining moment” in its step toward developing a full-stack internet financial platform. gm @arc The open blockchain designed for stablecoin financehttps://t.co/dSOzO3FkGY — Jeremy Allaire – jda.eth / jdallaire.sol (@jerallaire) August 12,…
Bitcoin is once again at the center of market attention, trading at critical price levels after a 9% surge since the start of August pushed it to just below its $123,000 all-time high. The rally has reignited the bull-vs-bear debate, with analysts split on where BTC heads next. Some believe the momentum will be enough…
Bitcoin rose 0.5% to $119,000 and Ethereum gained more than 5% to $4,400 after July U.S. CPI showed a 0.2% month-over-month increase and a 2.7% annual rate, with core CPI up 0.3% on the month and 3.1% on the year. The release at 1:30 P.M. Eastern reflected a mixed profile. Headline CPI decelerated on the…
Decentralized reinsurance infrastructure platform Re has expanded its operations on the Avalanche blockchain by launching two new institutional-grade on-chain yield products, reUSD (Basis-Plus) and reUSDe (Insurance Alpha), alongside the introduction of the Re Points Program. This development aligns with Re’s goal to bridge global capital markets with blockchain technology, emphasizing speed, transparency, and composability. Utilizing…