Hyperliquid’s HYPE Hits Record High Above $50 on Trading Boom, Token Buybacks
The native token of Hyperliquid (HYPE) surged to a fresh all-time high early Wednesday, continuing its meteoric climb this year as the decentralized exchange best known for on-chain perpetual trading has attracted record activity. The token broke through the $50 mark for the first time, gaining about 8% in...
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The Protocol: Bitcoin Mining Faces New Challenges as Power Costs Eat Profit
Welcome to The Protocol, CoinDesk’s weekly wrap of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, a reporter at CoinDesk. In this issue: Bitcoin Mining Faces ‘Incredibly Difficult’ Market as Power Becomes the Real Currency Bitcoin Liquid Staking Gains Momentum as Lombard Launches BARD Token and...
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Ethereum Whales Strike Again: $456.8M Bought Across 9 Addresses
Ethereum has entered a volatile phase after breaking its 2021 all-time highs last week, sparking both excitement and caution across the market. After the surge, ETH retraced and tested critical demand levels, where buyers stepped in to defend support. Bulls are showing resilience, with analysts pointing to the possibility...
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Bitcoin price could top $1m thanks to institutions, analysts say
Bitcoin (BTC) price by 2035 prediction by Bitwise analysts...
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VanEck’s crypto ETF crosses $500m amid blockchain boom in Europe
VanEck’s diversified Crypto and Blockchain Innovators UCITS ETF has crossed $500M in AUM....
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SoFi Switches On Bitcoin’s Lightning—What It Means For Crypto ETFs
SoFi Technologies Inc (NASDAQ:SOFI) is making waves in fintech. Despite a recent dip, Wall Street is divided on its outlook after a series of bold moves. JPMorgan and Citigroup raised price targets, with Citi reiterating a Buy following SoFi’s strong Q2: record revenue of $655.8 million (+26% YoY) and...
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Top 3 reasons the soaring Cronos price is due for a correction
Cronos price went parabolic this week after Trump Media and Crypto.com announced the launch of a company to accumulate CRO tokens. Cronos (CRO) jumped to a high of $0.2872, its highest point since May 2022, up by 270% from its…...
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CFTC to enhance crypto market oversight with Nasdaq system
CFTC to monitor crypto markets with Nasdaq technology...
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Dogecoin price warning: bearish setup emerges, derivatives decline
Dogecoin price remains in a technical bear market after falling by 55% from the highest level in November last year. Technicals and derivative market data point to more downside in the coming days. Dogecoin (DOGE) price was trading at $0.2200…...
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SOL Price Poised for Breakout After 36-Day Consolidation: Analyst
A closely watched crypto analyst has identified an important technical pattern forming on Solana’s chart, suggesting the digital asset is on the cusp of a major upward move. After more than a month of consolidation, SOL appears ready to shatter a key resistance level, potentially kicking off a new...
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