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Hyperliquid Beats Ethereum in Trading Volume on Some Days as Big Money Moves, Says FalconX

Hyperliquid (HYPE) has become one of the most liquid trading platforms in the crypto market, attracting growing interest from hedge funds and institutional investors as capital shifts away from bitcoin and ether, according to Joshua Lim, global head of markets at FalconX. The decentralized derivatives exchange, which launched its HYPE token last year, has become […]

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UK House of Lords committee calls on Bank of England to reconsider proposed restrictions on stablecoins

A committee of the UK House of Lords said the Bank of England (BOE) should reconsider its proposed limits on consumers’ stablecoin holdings in a new report. The cross-party Financial Services Regulation Committee of the Second House of the UK Parliament also advised a review of requirements for stablecoin issuers to hold at least 40%

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Bitcoin’s Computing Power Exceeds Top 100 Supercomputers by 600,000 Times, Says Bittensor Co-Founder

The infrastructure that underpins global computing is undergoing massive change. True computing power no longer belongs in isolated corporate data centers, but in open global networks. Speaking at Proof of conversation summit in Paris, Bittensor co-founder and Crucible Labs partner Ala Shaabana highlighted the stunning mathematics behind decentralized networks. To show the audience what distributed

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Gary Vaynerchuk Says AI Creates Biggest Opportunity Ever for Entrepreneurs

Latest developments: Vaynerchuk said businesses should approach AI with curiosity rather than fear, as the technology reshapes industries. He compared the current era of AI to the beginnings of the Internet era, saying many companies risk underestimating this change. Vaynerchuk said organizations that resist tools like AI-generated content and automation risk more disruption than those

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US sanctions Nobitex and other Iranian crypto exchanges amid ongoing war

The US Treasury Department on Tuesday blacklisted several Iranian crypto exchanges, including its largest platform Nobitex, as part of its ongoing campaign against the Iranian government. The Treasury’s Office of Foreign Assets Control announced that Nobitex, Wallex, Bitpin and Ramzinex, as well as some of the leaders of those exchanges, were added to its global

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BTC Could Suffer Deeper Losses As Capital Chases AI Stocks, Says K33

Bitcoin BTC$67,521.66 a drop to $67,000 could signal a tough summer ahead as investor capital continues to flow into artificial intelligence (AI) stocks and away from crypto. In a report released Tuesday, Vetle Lunde, director of K33 Research, said Bitcoin’s weakness reflects declining institutional demand, strong ETF outflows and growing vulnerabilities in derivatives markets. “Much

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Coinbase (COIN) Backs Ethena (ENA) Ahead of Launch of Savings Product for 100 Million Users

Coinbase Ventures, the investment arm of crypto exchange Coinbase (COIN), said it has backed Ethena (ENA), purchasing the protocol’s token on the open market as the two companies prepare to launch a new on-chain savings product for the exchange’s more than 100 million users. Ethena announced on Tuesday that it is partnering with Coinbase to

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Galaxy enters institutional prediction markets with $10 million Arca trade

Galaxy Digital (GLXY) announced on Tuesday that it has launched over-the-counter (OTC) prediction markets for institutional investors, becoming one of the first major digital asset companies to offer large-scale access to event-based markets via a bilateral trading framework. The Nasdaq-listed company said the new service, offered through its global markets trading desk, will allow hedge

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Tom Lee predicts ETH will hit $250,000 as corporate validators take over the network

The cryptocurrency market is picking up the wrong signals, and a massive shift in the way global financial networks operate is quietly happening behind the scenes. In a speech at the Proof of Talk conference in Paris, Tom Lee, head of research at Fundstrat and president of Bitmine Immersion Technologies (BMNR), told his audience that

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