Valantis has taken a decisive step in the liquid staking market with its acquisition of stHYPE, the second-largest staking protocol on Hyperliquid’s HyperEVM. Summary Valantis acquired stHYPE, the second-largest liquid staking token on Hyperliquid. The deal integrates stHYPE with Valantis’ DEX, targeting deeper liquidity and modular yield features. Competition with kHYPE sets the stage for…
By putting a number on his expected Democratic support, Senator Scott appears to be applying pressure and cracking a public whip count that might force hesitant senators to declare their position, turning a policy debate into a political test of loyalty and vision. Summary Senator Tim Scott predicts 12 to 18 Democrats may back the…
HBAR price remained on edge on Tuesday, August 19, as the crypto market crash continued. Still, its bullish chart pattern and enthusiasm about its role in the real-world asset industry point to a rebound. Summary Hedera Hashgraph token has formed a bullish flag chart pattern on the daily chart. The network is betting on the…
By natively integrating Tron, MetaMask is building a bridge for its users to a parallel digital economy that settles over $22 billion in value every single day and hosts over $26 billion in total value locked, according to TRONSCAN. Summary MetaMask is natively integrating Tron, giving its 100M users direct access to $26B in liquidity…
1inch users can now swap assets between Solana and 12 EVM networks. Summary DEX aggregator 1inch added support for cross-chain swaps on Solana Users can now swap Solana assets with those on 12 EVM networks 1inch positions itself to compete with Solana-based Jupiter DEX aggregator Solana (SOL) got a significant boost to its liquidity and…
Sui price continued its strong downward trend today, August 19, even after it was listed by Robinhood, one of the biggest players in the U.S. crypto industry. Summary Sui price plunged by nearly 4% despite the Robinhood listing. The coin has formed a head-and-shoulders pattern on the eight-hour chart. The decline coincided with the ongoing…
Bitcoin and altcoin prices could be at risk of further downside as a top trader warns that the Federal Reserve may be about to err on monetary policy. Summary Bitcoin and altcoin prices may crash as a top trader warns on the Fed. He believes that the Fed should not cut interest rates in September. …
Polkadot has launched an institutional arm focused on bridging traditional finance and the growing web3 ecosystem. Summary Polkadot Capital Group launches to drive web3 adoption for institutions. The platform targets bridging traditional finance and decentralized finance on Polkadot. In an announcement, the Polkadot (DOT) platform said the new Polkadot Capital Group will focus on capital…
SharpLink bought 143,593 ETH over the last week for an average price of $4,648 per ETH. Summary SharpLink acquired 143,593 ETH for $667.4 million in one week According to the filing, SharpLink owned 740,760 ETH by August 17, worth $3.2B The firm bought the ETH at $4,648, near its all-time high price Ethereum is becoming…
The capital raised from its landmark merger with Nakamoto is now on the blockchain. KindlyMD has executed its inaugural Bitcoin purchase, converting $679 million of its PIPE proceeds into the original crypto and signaling its intent to rival other corporate treasuries that now measure reserves in BTC. Summary KindlyMD completed its first Bitcoin purchase, acquiring…
