Crypto

HYPE has surged around 200% over the last 12 months. Other asset managers including Grayscale, 21Shares, and VanEck are also eyeing HYPE-linked ETFs.

Ethereum is trading around $2,240 as markets navigate a tense macro environment. The Middle-East conflicts continue to dominate headlines, and inflation is pressuring retail liquidity. Adding a layer of internal noise to the picture, the Ethereum Foundation sold 5,000 ETH earlier this week, which drew attention from the community, even though it only reflects operational […]

Bitcoin might trade around the clock, but its liquidity doesn't anymore. The asset that was supposed to become more resilient after absorbing billions in institutional capital through ETFs has instead developed a split personality, one that looks deep and orderly during New York trading hours and considerably more fragile once Wall Street's desks go dark. […] The post How institutions made Bitcoin a weekday market so retail takes on all the weekend risk appeared first on CryptoSlate.

Japan Reclassifies Crypto as a Financial Instrument The post Japan Crypto Revolution Inbound? Tokyo Pass New Law Equalising Crypto and Stocks appeared first on Cryptonews.

A new multi-university study surveyed 69 economists, 52 AI experts, and 38 superforecasters. All three groups agree: faster AI means fewer jobs.

While some proponents believe AI will bring about an employment boom, so far its effect has been to dampen entry-level hiring while delivering mixed results on productivity. In March, the US jobs market recorded 178,000 new jobs, marking little change from the month before, according to the Bureau of Labor Statistics.  The anemic growth in job listings comes amid volatile policy swings from the White House, increased energy prices due to the US and Israel’s war with Iran and, according to recent research, AI disruptions to the labor market.  Proponents of AI and large language models have claimed that the tech will bring about an economic boom, thanks to the promise of efficiency breakthroughs.  Read more

Crypto’s transparent ledger makes sanctions evasion easier to trace, allowing authorities to track and potentially freeze illicit flows. Shipping firms that turn to cryptocurrency to pay potential transit fees to Iran could face significant sanctions exposure, according to Kaitlin Martin, senior intelligence analyst at Chainalysis. Martin told Cointelegraph that under the current sanctions framework, any payments made to the Iranian regime, including those tied to passage through key waterways, could be interpreted as “material support,” putting companies at risk of violating US and international restrictions. “Doing so could carry significant sanctions violation risk, as the Iranian Revolutionary Guard Corps is sanctioned by multiple jurisdictions and Iran is subject to comprehensive sanctions by the United States,” she said. Read more

Six weeks of war have revealed that bitcoin's floor depends entirely on a handful of mandated buyers absorbing what everyone else is trying to get rid of.

The Coinbase Premium is on the rise again, suggesting massive institutional accumulation.

PI has lost the $0.17 support after a 30% monthly plunge.

Monad (MON) Targets New ATH as Whale Accumulation Spikes The post Monad Crypto Whales Just Hit a 90-Day Accumulation Peak: Is MON About to Break Its All-Time High? appeared first on Cryptonews.

BTC is close to $73,000, but will it chart new gains as the talks progress?

Treasury Secretary Scott Bessent and Fed Chair Jerome Powell convened an urgent meeting with Wall Street leaders this week, bypassing the routine briefing cadence and pulling bank CEOs into a direct conversation about AI-driven cyber risk. Reports noted that the meeting aimed to ensure banks understood the risks posed by Mythos and similar models and […] The post Why Fed and Treasury leaders Powell, Bessent just rushed into a critical cyber-risk meeting appeared first on CryptoSlate.

WLFI fell to a record low after it was revealed that the project used billions of its own tokens as collateral to borrow $75 million in stablecoins. WLFI, the native token of the Donald Trump–backed World Liberty Financial platform, sank to an all-time low on Saturday as crypto users expressed concerns after revelations that the project used a large amount of its own tokens to take out loans. The token hit a new low of around $0.07714 on Saturday, down 83% from its peak of $0.46 reached last September, according to data from CoinMarketCap. WLFI is currently at $0.07879, down by 4.66% over the past day. The downturn came after it was revealed that wallets linked to World Liberty Financial deployed substantial WLFI holdings as collateral on Dolomite, a decentralized lending platform co-founded by the project’s chief technology officer, Corey Caplan. Read more

DASH has rocketed by double-digits.

Bitcoin price is still rallying, even as one sovereign seller is getting louder, despite this one bullish technical prediction. The post Bitcoin Price Prediction: Bhutan Selling, But Technical Indicators Says $80K Next appeared first on Cryptonews.

Bitcoin traders are rebuilding bets on a move toward $80,000 as easing geopolitical tensions, firmer institutional demand, and a rebound above $70,000 revive appetite for upside exposure after weeks of defensive positioning. On Coinbase-owned Deribit, the largest venue for crypto options, the $80,000 call has become the single biggest strike by open interest this week, […] The post Bitcoin bulls are eyeing $100,000, yet the futures market hints at another dip first appeared first on CryptoSlate.

A federal judge in Arizona has temporarily barred state officials from enforcing gambling laws against Kalshi, siding with the CFTC. A federal judge in Arizona has temporarily barred state officials from enforcing gambling laws against Kalshi, siding with US regulators in a growing dispute over how event-based trading products should be classified. In an order issued on Friday, Judge Michael Liburdi of the US District Court for the District of Arizona granted a request from the Commodity Futures Trading Commission (CFTC) and the federal government to halt any state-level action targeting contracts listed on CFTC-regulated markets . The ruling centers on whether Kalshi’s “event contracts” fall under federal derivatives law or state gambling statutes. Last month, Arizona authorities sought to pursue enforcement against Kalshi under local gambling rules, but the CFTC asked a court order on Wednesday to stop the action. Read more

Can XRP indeed explode by over 2,300%? Here's what ChatGPT thinks about its chances.

Bitwise added the ticker $BHYP and a 0.67% management fee in its latest filing, signaling a potential launch soon, according to Bloomberg's senior ETF analyst. Bitwise Asset Management has reportedly taken a key step toward launching its proposed spot Hyperliquid exchange-traded fund, filing a second amendment with the US Securities and Exchange Commission. In an X post on Friday, Bloomberg senior ETF analyst Eric Balchunas highlighted that Bitwise had updated its Hyperliquid ETF to include the ticker $BHYP and had also set a management fee of 0.67% (67 basis points). According to Balchunas, the filing of these details generally indicates that the product will "launch soon." Read more