Category: News

Former BitMEX CEO Arthur Hayes has stated that Circle’s recent IPO is the starting gun for a “stablecoin mania” bubble, cautioning investors of impending carnage. The warning, detailed in Hayes’ latest Substack essay, clashes with bullish data showing stablecoin market capitalization surging to a record $228 billion. The Distribution...

With a push for stablecoin licenses worldwide, JD.com Chairman Liu Qiangdong wants fiat-pegged tokens to do what banks can’t: settle in seconds. His vision calls for 10-second settlements across continents, anchored in licensed stablecoins and JD’s own e-commerce empire. Technology-driven…...

The launch of $INK could significantly enhance DeFi ecosystems by fostering user-driven governance and expanding on-chain capital markets. The post Kraken-backed layer 2 Ink to launch $INK token appeared first on Crypto Briefing....

A trader on decentralized derivatives exchange HyperLiquid has turned an unrealized $10 million profit into a $2.5 million loss, seemingly caught by the same trap that tripped up a person using the alias James Wynn, who blew up a $100 million account in May, after bitcoin BTC fell 4%...

Filecoin FIL underwent a notable 5.8% decline over the 24-hour period, dropping from a high of $2.569 to a low of $2.406, according to CoinDesk Research’s technical analysis model. The token found support at the $2.41-$2.42 range, forming a potential consolidation zone after the sharp decline, the model showed....

Cardano’s ADA ADA token traded at $0.6154 Monday afternoon, extending its decline to 5.35% over the past 24 hours. The token dropped steadily through multiple support levels after a late-session sell-off began around 22:00 UTC on June 16. Despite a brief recovery attempt earlier in the session, the bearish...

After reaching a high of $19.99, Avalanche’s token AVAX was sharply rejected at the $20 psychological barrier, triggering accelerated selling that drove prices down to $18.61, according to CoinDesk research’s technical analysis model. The rejection coincided with peak trading volume of 1.9 million, suggesting large-scale profit-taking and position liquidations....

Ether (ETH) ETH traded at $2,555.77 on Tuesday, down 3.7% over the past 24 hours after a sharp rejection near the $2,673 level triggered a wave of selling. The downturn follows several sessions of declining momentum and increasing volatility, culminating in a major sell-off late Monday that broke through...

The discovery of a North Korea-linked developer who contributed to Cosmos code between 2022-2024 has triggered enhanced security measures, while major exchanges expand staking options for ATOM holders despite market pressure. ATOM is currently trading at $4.086 after losing 5.52% of its value over the past 24 hours. Technical...

The general crypto market has now gained bullish traction, and XRP has recorded a notable gain in the past day, leading to a retest of the $2.3 price mark on Monday. During this renewed upward action, there has been a significant uptick in on-chain activity, with active wallet addresses...