Hyperliquid’s HYPE token, one of crypto’s best-performing assets this year, tumbled following its record run as longtime bull Arthur Hayes revealed he had sold his entire position just days after predicting much higher prices. “I just dumped my entire HYPE and NEAR position,” Hayes, co-founder of BitMEX and chief investment officer at family office Maelstrom,…
In the 1990s, exchange-traded funds (ETFs) were a novel idea. Many saw them simply as a new wrapper for traditional assets – a convenient repackaging of mutual funds. In reality, ETFs triggered a market structure revolution. By introducing creation/redemption mechanisms and arbitrage-driven liquidity, ETFs fundamentally changed how markets functioned and how investors accessed assets. ETFs…
Ether at $250,000 would make Ethereum a $30 trillion network, larger than the U.S. Treasury market and comparable to all the gold ever mined. But that’s the target Bitmine chairman Tom Lee laid out at Proof of Talk in Paris this week, with the move pitched as a 50x from current levels on the back…
To say bitcoin BTC$63,729.63 bears are having a great time would be an understatement. The cryptocurrency has shed 14% in seven days, falling to levels not seen since the crash in February. Broader crypto markets have taken an equally brutal beating, and most analysts say the situation could deteriorate further if BTC breaks below the…
Investment bank Goldman Sachs has teamed up with fund servicing giant Apex Group and digital asset exchange Archax to tokenize real estate, the firms said on Thursday. Infrastructure provider Ownera and real estate investment manager LRC Group are also included in the debut of the blockchain-native real estate fund. The tokenization of real-world assets (RWAs)…
Cardano founder Charles Hoskinson said he is “taking a break” after warning that the blockchain’s ecosystem faces a coming “wave of failures,” as ADA fell below $0.20 for the first time in more than five years. I’m taking a break. TTYL — Charles Hoskinson (@IOHK_Charles) June 3, 2026 ADA is down nearly 10% on the…
Stablecoin depegs are a recurring feature of crypto bear markets. And the latest candidate is apxUSD, the preferred equity-backed stablecoin of the Apyx protocol. As market leader bitcoin BTC$64,040.41 fell sharply in the past 24 hours, reaching lows under $63,000 at one point, apxUSD briefly slipped to as low as 93 cents, deviating from its…
The bitcoin ETF bleed has spread across crypto. U.S. spot bitcoin funds shed another $396.60 million on Wednesday, extending a record outflow streak to 13 straight sessions and a $4.37 billion drain since mid-May, while ether, solana and XRP products joined the redemption wave. Hyperliquid’s spot HYPE ETF was the only major crypto fund still…
Bitcoin (BTC) staged a sharp recovery Wednesday, climbing back to the $64,000 level after an early Asian session sell-off that briefly pushed the cryptocurrency below its 200-week simple moving average at $61,845. The move fits the profile of a classic oversold bounce. On the daily chart, the Relative Strength Index (RSI) dropped below 30 on…
Bitcoin briefly plunged below $62,000 Thursday morning Hong Kong time, triggering more than $1.5 billion in leveraged crypto liquidations over the past 24 hours as a wave of forced selling accelerated the market’s steepest decline in months. More than 208,000 traders were liquidated across crypto markets, according to CoinGlass data, with bitcoin accounting for over…
