Whales Pour $6M Into HYPE Ahead of July 15 Unlock
TL;DR $40M in HYPE will be unstaked before July 15, likely for staking via Kinetiq’s new platform. Liquidation data shows a major short cluster near $42, suggesting potential for a sharp short squeeze. Large Inflows and Whale Activity Fuel Interest in HYPE Four wallets collectively deposited $6.14 million in...
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Polygon’s POL eyes rally ahead of Heimdall v2 mainnet launch on July 10
Polygon’s POL token is seeing renewed momentum just a day before the Heimdall v2 mainnet upgrade, set for July 10. At press time, Polygon (POL) is trading at $0.2001, up 7% in the past 24 hours and 11% over the…...
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New Zealand announces crypto ATM ban in push to combat financial crime
New Zealand will ban cryptocurrency ATMs and limit international cash transfers to $5,000 as part of new anti-money laundering reforms. According to Associate Justice Minister Nicole McKee, the reforms, unveiled on July 9, will “target criminals” by restricting their ability…...
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Cardano price approaches key resistance level, can bulls push ADA to $1?
Despite selling pressure from whales, ADA continues to struggle in its attempt to reclaim the $1 level. According to data from crypto.news, Cardano (ADA) was trading at $0.58, marking a 6.6% gain over the past week that pushed its market…...
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U.S authorities charge two crypto founders in $650 million scam
U.S. authorities have charged two men for running a crypto investment scam that defrauded thousands of investors. According to an indictment unsealed on Monday, co-founders Michael Shannon Sims and Juan Carlos Reynoso launched the fake investment platform in 2019, ran…...
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CRO price posts 20% single-day rally on inclusion in Trump Media-backed ETF, eyes $0.105
CRO price staged a powerful rally Tuesday, climbing over 20% after news broke of its inclusion in a proposed Trump Media-backed Blue Chip ETF, sparking renewed bullish momentum for the embattled token. Cronos (CRO) surged over 20% on Tuesday after…...
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This Overlooked Binance Metric Might Predict Bitcoin’s Next Major Move
Bitcoin has mostly traded between $105,000 and $110,000 this month, hovering near its all-time high. Yet on Binance, perpetual futures prices continue to lag behind spot prices. The continued negative Spot-Perpetual Price Delta on Binance since December 2024 reveals a structural imbalance. Spot Leads, Futures Lags In its latest...
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Crypto Traders Mint Millions From Grok Glitching on ‘MechaHitler’
What started as an apparent ‘hallucinated’ response from X’s artificial intelligence platform, Grok, quickly morphed into a microcap memecoin frenzy. The X-based AI tool last week spat our the terms “MechaHitler,” “GigaPutin” and “CyberStalin” in the same breath in an apparent unprompted response to a user query, an erratic,...
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Cathie Wood Agrees Circle IPO Is ‘Crypto’s ChatGPT Moment’ — Warns Institutions That Ignoring The AI-Crypto Combo ‘Just Isn’t An Option’
ARK Invest CEO Cathie Wood agrees with Fundstrat Global Advisors Head of Research Tom Lee and has likened the Circle (NYSE:CRL) IPO to a pivotal moment in the crypto industry, suggesting that institutional investors can no longer ignore the convergence of artificial intelligence and blockchain. What Happened: In a Tuesday interview with BanklessHQ,...
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Are Bitcoin treasury companies a new bubble akin to the ICO boom? Critics and industry leaders see similarities
As Bitcoin treasury companies are becoming the new initial coin offerings, people are starting to remember how it all ended in 2018. While ICOs and Bitcoin treasury companies are definitely not the same, critics outline some similarities. More than that,…...
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