Tether, Georgia plan GEL₮ national stablecoin launch Tether said on Monday it will launch GEL₮, a stablecoin representing the Georgian lari, with support from the Government of Georgia, in one of the clearest moves yet to place a national currency on blockchain rails.[1][10]…
Hyperliquid Challenger Claim Gets Support From FalconX Hyperliquid is emerging as a challenger to traditional exchanges and prediction markets, according to a FalconX report cited by CoinDesk, after the venue expanded beyond perpetual futures into pre-IPO trading, outcome markets and tokenized real-world assets.[1][2]…
Bitcoin ETF Outflows Hit $16M as Spot Volume Lags Bitcoin ETF outflows reached $16 million on Friday as U.S. spot trading volume continued to lag, according to JPMorgan’s market note reported by Yahoo Finance. The move extended a short stretch of uneven flows…
HYPE funds draw $72M as BTC, ETH ETFs see outflows Spot funds tied to Hyperliquid’s HYPE token pulled in $72.38 million on Monday, even as bitcoin and ether ETFs recorded about $200 million in combined outflows, according to CoinDesk. The flows point to…
Dormant Bitcoin lawsuit tests property law as metrics stay steady A New York lawsuit over dormant Bitcoin wallets is testing how far property law can reach into crypto, but on-chain dormancy data has not shown the kind of acceleration that would suggest a…
BTC futures open interest rises 8% as geopolitical risks linger Bitcoin futures open interest climbed about 8% in 24 hours to $50.8 billion, signaling that traders were adding leverage even as the market digested talk of easing tensions around Iran and the broader…
Bitcoin shorts cover $80M as Trump trade delay stalls ETF inflows Bitcoin short sellers covered about $80 million after a Trump-linked trade delay rattled crypto markets, while U.S. spot Bitcoin ETF inflows remained subdued, leaving the market without a fresh institutional bid. The…
Binance launches Event Rush dApp for on-chain event trading Binance Wallet on Monday launched Event Rush, a new dApp that lets verified users trade tokens tied to real-world event outcomes inside the wallet interface, with settlement and trading handled on BNB Chain through…
Crypto’s Republican bet reshapes U.S. campaign spending Crypto’s political bet on Republicans has pushed the industry into the center of the 2024 election cycle, with industry-linked groups and donors contributing more than $245 million and helping reshape Washington’s campaign-finance map.[2][3][9] The spending has…
