Prominent perpetual futures exchange, Hyperliquid, is making headlines for generating enormous profits for its top users. Recent data from the platform revealed an exclusive club of traders with at least $10 million in lifetime profits, often backed by significant capital or extreme leverage. An analysis of Hyperliquids live leaderboard shows 181 such users, with the
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Strategy co-founder Michael Saylor met with Pakistani officials, including State Minister on Blockchain Bilal Bin Saqib and Finance Minister Muhammad Aurangzeb, according to a June 15 Dawn News report. Saylor praised Pakistans progressive approach to cryptocurrency adoption and urged the country to consider Bitcoin as a sovereign reserve asset for monetary resilience. Bitcoin is the
Binance revealed that it has played a central role in dismantling Incognito Market, a notorious darknet drug marketplace that facilitated more than $100 million in illegal narcotics sales, according to US and Taiwanese law enforcement agencies. The takedown was part of a broader international investigation, codenamed Operation RapTor, which targeted the darknet platform’s operators and
Five men have pleaded guilty to their roles in laundering more than $36.9 million from victims of an international crypto investment scam conspiracy. The money was stolen from defrauded investors in the U.S. through a web of shell companies, offshore accounts, and digital asset wallets. The U.S Department of Justice (DOJ) secured guilty pleas from
Market experts have consistently emphasized that cryptocurrencies require increasing liquidity to sustain a prolonged rally. As it stands, the crypto market could be on the brink of an explosion due to the kind of growth being recorded in the stablecoin sector. The latest weekly report from the market research platform CryptoQuant has revealed that the
It has been over a decade and a half since Bitcoin and blockchain technologies emerged. However, the cryptocurrency sector has witnessed more widespread adoption than ever before over the past year. According to the State of Crypto 2025 report from the digital asset exchange Coinbases research team, small business operations and real-world use cases, like
A deep-pocketed Ethereum whale is defying the current crypto bloodbath, scooping up tens of thousands of ETH while panic grips the broader market. On June 13, blockchain tracking account Lookonchain revealed on X that the mysterious trader bought 48,825 ETH, worth approximately $127 million, from Coinbase and Wintermute, over an eight-hour period at an average
Around 28,000 Bitcoin options contracts will expire on Friday, June 13, and they have a notional value of roughly $3 billion. This event is very similar to last weeks options expiry, so the impact on spot markets is likely to be minimal. They have already tanked by more than 7% over the past 24 hours.
More than $190 billion has exited crypto markets over the past 12 hours, sending total capitalization tumbling over 7% to $3.36 trillion. The crypto crash followed news reports that Israel had launched a missile attack on Iranian nuclear sites in a pre-emptive strike. Israel has declared a state of emergency, saying the country expected counter-attacks
Democratic Senators Elizabeth Warren and Richard Blumenthal issued a letter to Meta CEO Mark Zuckerberg, raising concerns over reports that the tech giant is once again exploring the launch of its own stablecoin. In the letter, the senators warn that Meta’s renewed interest in digital currency, reminiscent of its failed Libra and Diem initiatives, could
Christine Kim, former Vice President of Research at Galaxy Digital, has shared her concerns about the new leadership structure at the Ethereum Foundation (EF). She pointed out that key people are now handling too many roles and said the new organizational chart is confusing. In a July 11 X post, Kim noted that Tim Beiko,
Mercurity Fintech Holding announced plans to raise $800 million to establish a Bitcoin treasury reserve. The New York-based digital fintech firm aims to use the funds to acquire and hold BTC as part of a broader strategy to reshape its treasury operations through tokenized finance. According to the official press release, MFH plans to store
Democratic Senators Elizabeth Warren and Richard Blumenthal issued a letter to Meta CEO Mark Zuckerberg, raising concerns over reports that the tech giant is once again exploring the launch of its own stablecoin. In the letter, the senators warn that Meta’s renewed interest in digital currency, reminiscent of its failed Libra and Diem initiatives, could
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. The Bitcoin price continues to decelerate as the crypto market shows signs of weakness due to macroeconomic factors. The top crypto by market capitalization has been testing critical
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. On-chain data shows Ethereum has just witnessed its largest daily withdrawal in over a month, a sign that may turn out to be bullish for the asset’s price.
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. According to Walker, host of The Bitcoin Podcast, Bitcoins share of the worlds wealth is still tiny. It sits at about $2 trillion in market value. Thats just
The US Securities and Exchange Commission (SEC) and Ripple Labs have jointly asked a federal court in Manhattan to dissolve a previous injunction and release $125 million currently being held in escrow. The request, filed on Thursday in the Southern District of New York, marks the latest step toward a potential settlement in the nearly
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. According to recent technical analysis, Ethereum (ETH) may be gearing up for a major breakout that could propel the cryptocurrency close to the $4,200 mark. Meanwhile, ETH continues
With Bitcoin pushing toward new highs, market participants are speculating on what comes next. Bitwise CEO Hunter Horsley recently weighed in, offering a bold take on potential shifts in holder behavior. The exec believes Bitcoin could enter a new phase of market behavior once it surpasses the $130,000 to $150,000 range. In a tweet posted
Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum pushed above the $2,820 mark yesterday, strengthening the bullish case for a breakout after weeks of consolidation. The move has created renewed optimism among traders who expect
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