Hyperliquid now controls roughly 80% of the decentralized perpetual futures market, highlighting its rapid dominance over competitors. However, this concentration raises concerns about sustainability and potential risks if trading volumes decline. Summary Hyperliquid has quickly become the leading decentralized perpetual futures platform, handling up to $30 billion in daily trades. Its lean, self-funded team built…
Morpho price continued its strong rally this week, hitting its highest level since February amid robust demand for its lending solutions. Summary Morpho token has jumped by 245% from the year-to-date low. The total deposits in its platform jumped to $10 billion. Technical analysis points to more gains this year. Morpho (MORPHO) token jumped to…
Ethereum price is going up today, Aug. 23, and is hovering at its all-time high, continuing a strong comeback that started in April when it bottomed at $1,383. Summary Ethereum price jumped to a record high after Jerome Powell’s speech at the Jackson Hole Symposium. It also jumped after retesting a crucial support level, its…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The debate over graphics processing horsepower is old news. Those who succeed in the future will be those who master where data resides. As global data creation continues to explode, lagging firms…
Pepe price rebounded, helped by the dovish Jerome Powell speech, surging Ethereum, and increased whale accumulation. Summary Pepe price is on the verge of a surge as whales buy. Whales have bought 650 billion coins in the last 30 days. The coin will benefit from the ongoing Ethereum price surge. Pepe (PEPE), the second-biggest meme…
The NFT market has experienced a sharp correction with sales volume dropping by 25.78% to $134 million. This reversal follows the previous week’s recovery. Summary NFT sales fall 25% to $134M, but buyers and sellers both rise over 25% Polygon and BNB post strong gains while Ethereum sales drop 41% Courtyard leads collections with $14.7M…
XRP price was stuck in a narrow range on Saturday, even as top coins like Ethereum and Binance Coin jumped to their record highs. This consolidation could be brief as it has top catalysts that may push it up by 75% this month. Summary XRP price has formed a bullish flag and a cup-and-handle pattern….
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Believe it or not, DeFi has a transparency problem. Transparency is one of the cornerstones of decentralized finance, but radical transparency also comes with unintended costs. While it may be fine for…
A wave of optimism from Jackson Hole swept through digital asset markets, with Ethereum price leading the charge. The second-largest cryptocurrency by market cap surged over 14%, bringing its historical $4,891 all-time high firmly into view. Summary Ethereum surged over 14% to $4,820 after Fed Chair Jerome Powell hinted at potential rate cuts. Trading volume…
Is Jack Dorsey’s Bitchat really a chat app, or an experiment in how digital society might look without central authorities at all? Summary Jack Dorsey’s experimental messenger Bitchat is expanding from short-range Bluetooth mesh into location-based chat, grouping users by geohashes and giving them temporary pseudonyms. Bitchat positions payments as part of messaging itself, offering…
