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Tokenized hyperliquid futures hit $1.2 billion as traders bet on oil, stocks

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Decentralized Exchange Hyperliquid’s permissionless platform, which allows anyone to create perpetual futures contracts tied to any asset, is more popular than ever. Since its debut on October 13, the so-called HIP-3 market has continued to gain momentum, with open interest – the total value of all active contracts – hitting a record $1.2 billion on […]

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Bitmine transfers around 9,600 ETH worth $19.5 million to Coinbase Prime

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Bitmine Immersion Technologies transferred approximately 9,600 ether (ETH) to Coinbase Prime hot wallets in two separate transfers on Tuesday, according to Arkham data. The first transfer sent 5,300 ETH worth $10.75 million about nine hours ago, followed by a second batch of 4,308 ETH worth $8.74 million about three hours ago. Both transfers went through

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Here’s How Traders and Big Buyers Played Bitcoin During the Oil Shock

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The war in Iran and soaring oil prices have roiled global stock markets this month. However, bitcoin BTC$69,922.92 barely moved – because large traders, institutional flows and large portfolio holders stepped in during the dips, keeping demand firm even as traditional markets faltered. Major oil benchmarks Brent and WTI have surged 30% this month, trading

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Pudgy Penguins launches its Club Penguin moment, and the game doesn’t look like crypto at all

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Pudgy Penguins delivered its flagship game to the masses on Monday, and the best part is that you wouldn’t know it had anything to do with crypto unless someone told you. Pudgy World, the browser game first announced at Art Basel in late 2023, has gone live with 12 unique towns across a world called

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AI Tokens Rally After Nvidia’s Open Source Agent Plan, Beats CoinDesk 20

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Artificial intelligence-related cryptocurrencies, such as Bittensor’s TAO, NEAR Protocol, Internet Computer and others, rallied after Wired reported that Nvidia was preparing a new open source platform for autonomous AI agents, a concept similar to the OpenClaw framework, ahead of its annual developers conference. The broader category of artificial intelligence tokens rose about 4.8% to a

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Trump’s threat to block Congress on voter ID law leaves crypto bill on shakier ground

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If the crypto industry succeeds in getting its market structure legislation through the U.S. Senate and onto President Donald Trump’s desk, he may not sign it if he sticks to threats he has made to withhold his signature on any other legislation ahead of the election bill. Trump, in the midst of managing a U.S.

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US Inflation, Polkadot Upgrade, Solstice-Kamino Announcement: Crypto Week Ahead

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US inflation data is the main catalyst to watch this week, as it could shift market sentiment and Federal Reserve interest rate expectations. War in the Middle East and other geopolitical risks have kept commodity markets volatile, Bitcoin BTC$68,577.73 last week, failing to stay above the $70,000 mark. The conflict between the United States, Israel

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Nasdaq partners with Kraken to distribute tokenized stocks worldwide

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Nasdaq said it would work with crypto exchange Kraken to develop a system for issuing and trading tokenized versions of stocks and other exchange-traded products, according to a press release. Under the plan, tokenized shares would give investors the same corporate governance rights as common shareholders, including voting proxies and receiving dividends. Nasdaq said the

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