Hyperliquid Bear Flips Bullish After Losing Over $46M Betting on HYPE Price to Drop
A crypto whale who stubbornly held his HYPE short through May’s rally has finally been punished as Hyperliquid’s token kept climbing.Key takeaways:Trader has opened fresh long positions in Arthur Hayes' trinity coins: HYPE, ZEC, and…
Bitcoin falls to local low of $61.4K as key data signals major bearish turn
Bitcoin fell by another 3.9% in the last 24 hours, extending its price plunge to a local low of $61.4K. Strategy announced a 32 BTC sale, the first since 2022. Heavy spot ETF outflows helped drive the price even lower.
As expected, this…
StakeDAO vsdCRV Attacker Limited to $91K By Thin Liquidity
An attacker minted more than 5.4 trillion vsdCRV on Arbitrum after a suspected compromise of a StakeDAO-linked deployer key, though thin liquidity limited the realized proceeds to about $91,000.Blockchain security firm PeckShield said…
EdgeX Blames Outsider for EDGE Token Crash as ZachXBT Alleges Insider Manipulation
Decentralized exchange edgeX has attributed a more than 40% collapse in its EDGE token to ‘deliberate’ market manipulation by an unnamed external party, a claim that onchain investigator ZachXBT has dismissed.Data from CoinMarketCap shows…
Coinbase Ventures Invests in ENA as Ethena Scales USDe Beyond $1B
Key TakeawaysCoinbase Ventures bought ENA as Coinbase and Ethena expand onchain finance products.Ethena products could reach Coinbase’s 100M+ users, boosting USDe and ENA adoption.Coinbase and Ethena plan a new growth initiative next week…
Bitmine Buys $52M ETH, Tom Lee Says Fundamentals Strong
Bitmine Immersion Technologies has purchased another $52 million worth of Ether (ETH), with its chair, Tom Lee, saying that the token’s price isn’t yet reflecting the Ethereum blockchain’s strengths.“Over the past week, we acquired 26,497…
Dogecoin (DOGE) Dips Below $0.10, Yet Key Indicator Flashes a Buy Signal
"This old meme coin is about to do something insane," one X user predicted.
The largest meme coin by market capitalization has followed the broader crypto market’s…
How High Can NEAR Price Go in June?
NEAR, the native token of the AI- and privacy-focused Near Protocol, has been an outlier in the broader crypto market, outperforming top coins such as Bitcoin (BTC) and Ether (ETH) in recent weeks.As of Tuesday, NEAR traded as high as…
Why ‘overextended’ Worldcoin can still rally despite 13% losses in 24 hours
On 18 May, Worldcoin tested the bottom of a local range formation at $0.233. It has not looked back since. In fact, the bulls have been on a mission, driving a 70% rally in two weeks.
The spot trading volume trends have been healthy…
US Treasury Sanctions Iran’s Nobitex Crypto Exchange
The US Treasury has sanctioned four Iranian crypto exchanges, including the country’s largest, Nobitex, marking the latest effort in its campaign called “Economic Fury” that aims to cut Iran off from the financial system.The Treasury said…