The HYPE token surged after Trade.xyz introduced synthetic exposure to SpaceX at a $1.78 trillion valuation. Hyperliquid's HYPE token climbed 7% in 24 hours, outpacing broader cryptocurrency declines. The rally followed Trade.xyz's launch of the first pre-IPO perpetual mar
Spot Bitcoin ETFs record $1.039 billion net outflow Spot Bitcoin ETFs experienced a net outflow of $1.039 billion from May 11 to May 15, ending six consecutive weeks of net inflows. This shift in investor sentiment comes after a period of consistent growth in Bitco
State-backed platform aims to bypass SWIFT, targeting $10 billion in revenue from Gulf shipping insurance settlements in cryptocurrencies. Iran has launched Hormuz Safe, a digital maritime insurance platform for vessels in the Persian Gulf and Strait of Hormuz, allowing se
Arthur Hayes lowers his Bitcoin forecast, citing reduced fiat liquidity and AI-driven deflationary pressures on tech stocks. BitMEX co-founder Arthur Hayes has revised his Bitcoin price target downward to $125,000 from $500,000, with a timeline of May 15, 2026. Hayes attri
Available sell-side supply may be decreasing Binance Research has identified four on-chain indicators suggesting a potential tightening of available sell-side Bitcoin supply. Nearly 60% of Bitcoin supply has remained inactive for over a year. Exchange balances
Binance founder invests 70-80% of capital in blockchain Binance founder Changpeng Zhao invests 70-80% of his capital in blockchain, citing its core expertise. He believes AI agents will drive demand for payments, with blockchain being a natural tool. Exchanges sh
CEO Michael Saylor hints at another $BTC buy as the firm seeks shareholder approval for a dividend frequency change on its STRC stock. MicroStrategy signaled a potential bitcoin purchase, with CEO Michael Saylor posting a chart tracking the company’s $BTC accumulation over
Intesa Sanpaolo’s crypto portfolio is no longer a small side note on a bank balance sheet. Italy’s largest bank more than doubled its crypto-related exposure in the first quarter, lifting reported holdings to about $235 million as of March 31 from roughly $100 million at t
Michael Saylor hints at a Bitcoin acquisition while urging retail STRC holders to approve semi-monthly dividend payouts ahead of June 8 vote. MicroStrategy signaled plans to add to its Bitcoin holdings, currently valued at $67.2 billion based on a $77,996.91 BTC price. The
DeFi protocol Aave restores pre-incident WETH LTV levels across six networks, enabling borrowing against the asset again. Aave has reinstated WETH loan-to-value ratios to their pre-incident levels, allowing users to borrow against the asset across multiple networks. The up