Enflux says the $600 million plan reflects a new wave of Asian capital favoring infrastructure tokens that power transaction flow over store-of-value assets.
Bitfarms, Cipher Mining and Bitdeer posted double-digit gains on Monday as miners keep benefitting from artificial intelligence's surging demand for computing power.
HBAR surged past key resistance at $0.19 amid a dramatic volume spike, signaling renewed institutional interest and reinforcing bullish momentum after a 9% recovery stretch.
Bitcoin derivatives show renewed optimism after a leverage flush, with open interest and basis rebounding, while options traders tilt bullish as funding rates diverge across exchanges.
The proposed investment vehicle would be a publicly traded US company designed to buy and hold BNB, marking one of the largest single bets on BNB by a publicly listed entity.
The upgrade marks a major step toward decentralizing Hyperliquid’s derivatives infrastructure, giving builders the ability to launch perpetual futures markets directly onchain.
The DeFi veteran’s 120% surge comes ahead of a new perpetuals DEX launch and a high-profile trading competition that could reignite interest in legacy protocols.