Hyperliquid Trader Fumbles $26M ETH Short Profit, Faces $716K Loss After Doubling Down
An ether (ETH) trader known only by their wallet address became the subject of on-chain attention after a massive short position flipped from deep unrealized profit to a loss in a matter of days. According to data from Lookonchain, wallet address 0xCB92 opened a 50,000 ETH short position on Hyperliquid, which at one point showed […]
Kraken Expands Tokenized Stock Access to BNB Chain in Global Push
Kraken has extended its xStocks offering to Binance-backed BNB Chain, expanding tokenized U.S. equities access to a broader audience. The expansion allows non-U.S. Kraken users can deposit and withdraw tokenized stocks such as AAPLx, TSLAx, SPYx, and NVDAx using BNB Chain. Kraken Brings Tokenized Stocks To BNB Chain Kraken and Backed are expanding their tokenized […]
Bitcoin Hits $112K as Nvidia Surge Fuels Tech-Focused Rally
Bitcoin moved past $112K as more large firms directly added it to their holdings. Nvidia’s strong stock growth helped lift Bitcoin alongside broader tech markets. On-chain data showed fewer coins on exchanges and more long-term holding strength. Not once or twice, it’s the third time BTC is hitting an ATH in the year 2025. Bitcoin […]
SEC Official Says Tokenized Assets Are Still Securities Under U.S. Law
If you thought wrapping a traditional asset in a blockchain token would sidestep securities laws, think again. David Hirsch, who leads the SEC’s Crypto Assets and Cyber Unit, made it very clear during a recent talk at Yale: tokenization does not change what the asset is at its core. He was talking about the growing […]
Greece Makes First-Ever Crypto Asset Seizure After Bybit Hack
Greece has entered new territory in crypto enforcement. For the first time, authorities in the country have seized digital assets linked to a cybercrime case. The move follows a phishing attack that drained funds from a local user’s Bybit account and signals a growing ability to handle crypto-related crimes through the legal system. Background: What […]
Justin Sun Wants to Make TRUMP a Global Crypto Brand With $100M Buy
Justin Sun’s $100 million TRUMP token buy signals a strategic alignment with the U.S. administration’s pro-crypto stance and marks the first of many planned collaborations with the Trump team, the Tron founder told CoinDesk in an interview. This isn’t the first investment the Tron founder has made in projects within the Trump-crypto universe. Sun’s ties […]
Whale Drops $60M XRP on Coinbase—What’s Next for Ripple’s Price?
TL;DR Whale sends 25.49M XRP to Coinbase, sparking speculation of a potential market move. XRP forms a bullish inverse head-and-shoulders pattern; traders target a breakout toward $2.60. The holder count rises to 6.61M as wallet data indicates increasing long-term investor confidence. XRP Price Climbs as It Nears Resistance Ripple’s XRP was trading around $2.40 after […]
Bitcoin Rally Ahead? DXY Breakdown Suggests Capital Shift To Risk-On Assets
The US national debt recently hit a new all-time high (ATH), surging above $36.5 trillion and putting significant pressure on the US Dollar Index (DXY). As the DXY struggles under the weight of mounting debt, crypto analysts believe capital may soon shift to risk-on assets like Bitcoin (BTC). DXY Breakdown Suggests Bitcoin Rally According to […]
Bitcoin Forces Global Policy Trilemma on Central Banks
“Bitcoin has effectively cornered the world’s central banks, and there is no way out,” said author Adam Livingston on July 9. He added that the banks face an “unprecedented challenge,” in that they cannot print Bitcoin to defend their currency, which creates a “policy trilemma.” Policymakers essentially have three choices: they can raise interest rates […]
Emirates to Accept Crypto Payments by 2026 Through Partnership with Crypto.com
Emirates has signed a memorandum of understanding with Crypto.com to introduce cryptocurrency as a mode of payment. The airline will incorporate Crypto.com Pay to process payments for tickets and other services by next year. 🚨 BREAKING NEWS: Emirates Airline has partnered with https://t.co/OuWzw4zhEZ to start accepting Bitcoin and other cryptocurrencies for flight payments, with the […]
Bitcoin investors have now splashed over $50B on US spot ETFs
BlackRock and Fidelity’s spot Bitcoin ETFs have led the charge, with momentum only slightly dented due to outflows from Grayscale’s Bitcoin fund.
Bitcoiners underprepared for possible $133K price tag in September
10x Research’s Bitcoin trend model says there’s a 60% chance for Bitcoin to move higher over the next two months, with history pointing to a 20% gain.