Hyperliquid said the outcome trading feature would function like a form of derivatives trading without leverage, liquidations or margin calls. HYPE gained double digits on Monday after the team behind HyperCore, the core infrastructure powering Hyperliquid’s layer-1 network, said it will support the HIP-4 proposal to expand into prediction markets. The integration would allow fully...Continue Reading

Ether has fallen despite strong fundamentals as leverage remained absent and precious metals diverted risk appetite, according to Fundstrat’s research head. Fundstrat head of research Tom Lee argues Ether’s recent slump should be seen as “attractive” as its fundamentals remain strong, and that it has only fallen due to a lack of leverage and a...Continue Reading

Tether first announced plans for an open-source mining OS in June last year as it wanted Bitcoin miners to “enter the game” without expensive third-party vendors. Stablecoin issuer Tether has released its open-source Bitcoin mining software, describing it as a means to simplify and scale Bitcoin mining while promoting further decentralization in the sector. In...Continue Reading

Multiple charts and historical data suggest that Bitcoin’s recovery from its weekend crash below $75,000 could take at least 6 months. Bitcoin (BTC) closed its weekly candle at $76,931 on Sunday, causing BTC to lose its 100-week moving average for the first time since October 2023. Analysts are now weighing whether the move marks the...Continue Reading

The plaintiffs filed the lawsuit in 2023, accusing the law firm of playing “a key and crucial role” in “how the FTX fraud was accomplished.” FTX users and Fenwick & West have reached a proposed settlement over a 2023 lawsuit alleging the law firm helped carry out the fraud that led to the crypto exchange’s...Continue Reading

The reported World Liberty Financial deal, said to have been made four days before the president’s inauguration, would make the UAE company the largest WLFI shareholder. US President Donald Trump has denied knowledge of a reported multimillion-dollar deal between his family and an Abu Dhabi royal for a significant stake in the World Liberty Financial...Continue Reading

The rise and fall of the manufacturing index from mid-2020 through 2023 closely mirrored Bitcoin and the broader crypto market’s price movements over the same timeframe. A metric tracking the health of the US economy has just posted its highest monthly score since August 2022, and crypto analysts say it could signal a turnaround for...Continue Reading