The notorious ‘Hyperliquid 50x whale’ is back in action with a newly formed long position of 47,253 ETH leveraged at 20x. The trader has gained a profit of nearly $2 million. After a month of inactivity, the trader took advantage of the sharp decline in Ethereum (ETH) prices by opening a long position with 20x…
Ethereum, Solana, and other major altcoins took a beating on Monday as the entire crypto market dropped more than 13%, following a big selloff in Asian markets, leading to more than $1 billion in liquidations. Ethereum (ETH), the largest altcoin, fell over 19% in just 24 hours, dropping to around $1,450. That puts it down…
Dubai’s real estate and crypto regulators have signed a cooperation deal to explore tokenisation in property registration and management. Dubai’s land and virtual assets regulators have signed a new agreement to support real estate tokenization and improve rules around the use of cryptocurrencies in property transactions, following the launch of a pilot aimed at linking…
Ethereum has dropped about 20% over the past 24 hours, falling below $1,500 for the first time since March 2023. Ethereum (ETH) is trading at $1,476 at the time of press, having recorded a 24-hour high of $1799. The broader selloff appears tied to macroeconomic tensions as Donald Trump’s sweeping new tariffs put pressure on…
As Bitcoin’s hashrate hits an all-time high, U.S. miners grapple with shrinking profits on top of rising equipment costs due to Trump’s tariffs. Bitcoin (BTC) mining hashrate—the measure of computational power used to mine and process transactions on the network—has surpassed 1 Zetahash per second (ZH/s), marking a 1000X increase since January 2016. This milestone…
United States federal agencies are preparing to disclose their crypto holdings to the Treasury in accordance with a presidential executive order signed earlier this month. Unnamed sources within the White House say the reports are due by Monday, according to Fox journalist Eleanor Terrett. She noted that while agencies must share their holdings with Treasury…
Spot Bitcoin exchange-traded funds in the U.S. recorded a negative week once again amid escalating trade tensions following President Donald Trump’s announcement of new tariffs, dubbed ‘Liberation Day’ duties. According to data from SoSoValue, the 12 spot Bitcoin ETFs reported $172.89 million in net outflows over the past week, snapping a two-week inflow streak that…
Bitcoin has fallen as much as 12% in the past day, falling below the $75,000 threshold amid Asian and European markets plunge in the aftermath of Trump’s tariff announcement. According to data from crypto.news, BTC (BTC) has fallen as low as $74,604 in the past 24 hours. The largest cryptocurrency by market cap has seen…
Hong Kong financial authorities have officially allowed crypto firms to provide staking services for customers. However, they must abide by guidelines meant to protect users from associated risks. According to a notice published by the Securities and Futures Commission on April 7, crypto firms operating in the region that hold a virtual asset trading platforms…
Tether’s chief executive Paolo Ardoino says the stablecoin issuer is in talks with US officials and may even launch a dollar-pegged token tailored for the domestic market only. Tether (USDT) CEO Paolo Ardoino says the company may consider launching a stablecoin specifically for the U.S. if new rules make the market more competitive. Speaking to…
