Bitcoin has fallen 21% this year, Ethereum is down 33%, and Solana has dropped 37%, according to Bitwise Chief Investment Officer Matt Hougan’s latest CIO memo. Hyperliquid gained 72% in a single month over the same stretch, a divergence Hougan reads as a preview of what CLARITY Act passage would do to DeFi valuations relative…
KuCoin activated a rule after 08:00 UTC on Aug. 17 that moves USDT- and USDC-margined perpetual contracts to hourly funding settlement once their contract-specific funding cap or floor is reached. The change applies starting with the next funding period and will happen without a separate announcement, shortening the time between potential funding debits and credits…
Ripple has partnered with Jeonbuk Bank in South Korea as the latter prepares to deploy Ripple Payments for cross-border remittances. The deal makes Jeonbuk Bank the first regional bank in the country to deploy the payment service. The main objective is to support businesses that have traditionally faced several days of delays when moving money…
Jane Street – the popular quant trading firm with a heavy orientation toward crypto – disclosed more than $1 billion in U.S. spot Bitcoin ETF holdings as of the second quarter of this year. BlackRock’s iShares Bitcoin Trust (IBIT) is currently dominating its portfolio. According to the firm’s latest Form 13F, filed on August 14th…
Bulls are stacking longs, liquidity is thinning and one key level could trigger large liquidations.
The program came three months before investor unlocks begin, with MON trading below its public-sale price and most of the token supply still outside circulation.
Miners have cut their computing power by a fifth over three quarters to make room for AI, and Venice’s token jumped 10% after the company said it crossed $100 million in annualised revenue.
BitMart’s Chinese-language account has demanded answers from founders Sheldon Lee and Yi Li over frozen user funds and unpaid employee salaries, giving them until August 19 to respond publicly. The statement also calls for verifiable asset disclosures and a detailed repayment plan as questions grow over what happened to funds held on the exchange. BitMart…