Institutional investors are ditching range-bound bitcoin and ether for Hyperliquid as the decentralized platform wins over hedge funds with massive liquidity and early access to hot markets, according to Joshua Lim, head of markets at FalconX.
Georgia will reportedly install electricity meters across Mestia to curb illegal crypto mining after officials blamed miners for grid strain and outages.
Kaiko acquired Amberdata to expand its institutional crypto data platform with derivatives analytics, onchain tools and AI-powered research.
Crypto-powered cell service Helium Mobile has been acquired by Andrew Yang’s Noble, which will also utilize the underlying Helium network.
HIVE reduced its Bitcoin holdings to 150 BTC while annual revenue climbed to $297.8 million, driven by growth in mining and AI computing.
Here, Bailey unpacks the uncertainty surrounding the original cryptocurrency’s nature, which creates inconsistent market behavior.
NEAR has rebounded from a key historical support zone, reviving a bullish fractal that preceded 2,375% and 900% rallies in previous cycles.
XRP trades below key macro support, but analysts say reclaiming it could trigger one of the biggest bear traps.
The Wall Street giant is integrating its tech platform with MoonPay’s infrastructure, allowing eligible institutions to seamlessly swap stablecoins for yield-generating tokenized funds without ever leaving the blockchain.
MoneyGram launched MGUSD, a dollar stablecoin on Stellar, as the remittance company deepens its push into blockchain-based global payments.
The defunct exchange still has about 35,000 BTC left to distribute, though the latest transfer does not show a sale.
ETH could outperform BTC by 40% from current levels as bitcoin treasuries may sell assets to cover obligations, the bank’s digital asset research head said.
Aave (AAVE), down 3.9% from Monday, was also an underperformer.
The team behind Movement said it plans to leverage licensed payment partners alongside blockchain settlement rails to target the roughly $685 billion remittance market serving low and middle-income countries.
Onchain investigator ZachXBT claims decentralized exchange edgeX insiders controlled nearly the entire supply with a thin float.
While Bitcoin dipped below $70,000 to trigger a massive liquidation cascade, select altcoins surged on individual ecosystem catalysts.
Google overnight set an $80 billion capital raise, including $10 billion from Berkshire Hathaway, reflecting the continuing flood of money headed into AI (and not crypto).
Capital B is asking shareholders to approve up to $122 billion in capital-raising authority to accelerate its Bitcoin treasury strategy.
DTCC’s decision to connect its tokenized securities platform to Stellar marks a new phase of institutional adoption for public blockchains.
Benchmark’s Mark Palmer also initiated coverage of the stock with a Buy rating and $32 price target as ASST shares fell about 4% pre-market.
Recent Bitcoin ETF outflows look dramatic in headlines, but Bloomberg Intelligence’s Eric Balchunas says the broader adoption story remains intact.
Bitcoin fell below $70K on the back of the sales, and a major Polymarket dispute is brewing over whether Strategy indeed sold in May or not.
Open interest has risen to 773,000 BTC, one of the highest readings on record, while funding rates remain elevated despite weak spot demand and growing market fear.
BiLira, Bitexen and Bitlo will make Ripple’s RLUSD stablecoin available to Turkish institutions.
Bitcoin slips below $70,000 as rising losses, exchange inflows and extreme fear signal a renewed distribution phase.
Bitcoin treasury firms made up nearly all May inflows, but BTC-linked capital formation also dropped sharply from April.
The price of bitcoin fell to its lowest since April 7 as Strategy’s sale dented sentiment, while AI tokens H and NEAR surged and DeFi TVL hit a 20-month low.
Mt. Gox moved $739 million in Bitcoin for the first time since March, raising speculation about imminent creditor distributions.
MGUSD, issued by Stripe’s Bridge, will power services across MoneyGram’s global network as stablecoins gain traction in cross-border payments.
