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Hyperliquid, the decentralized perpetuals exchange, announced Wednesday that it has listed MON-USD hyperps, allowing traders to go long or short the token in a pre-market phase.MON is the native token of Monad, a Layer 1 blockchain designed to be fully compatible with the Ethereum Virtual Machine (EVM) — a feature that makes it easier for developers to migrate their applications from Ethereum.Both Hyperliquid’s announcement and Monad’s recent posts suggest that an airdrop may be imminent, with the project’s official teasing their “airdrop claim loading” feature reaching 98% on Oct. 8, according to Monad’s latest update on X.Based on trading in…
Ethereum and Solana dominated investor interest, while altcoins like Sui and Chainlink also saw minor inflows. Bitcoin attracted record-breaking inflows of $3.55 billion last week, even as its price neared historic highs and investors avoided short products. Across the broader digital asset market, investment inflows totaled $5.95 billion, which is the largest weekly inflows ever recorded. CoinShares believes this surge indicates a delayed reaction to the FOMC’s interest rate reduction, coupled with disappointing employment figures from the ADP Payroll report and uncertainty surrounding US government stability due to the shutdown. The resulting price rally lifted total assets under management…
Dogecoin started a fresh decline below the $0.260 zone against the US Dollar. DOGE is now consolidating and might dip further if it stays below $0.2550. DOGE price started a fresh decline below the $0.2550 level. The price is trading below the $0.2550 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $0.2570 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could extend losses if there is a move below $0.2420. Dogecoin Price Trims Gains Dogecoin price started a fresh decline after it closed below $0.2620,…
Gemini, the crypto exchange founded by Cameron and Tyler Winklevoss, announced on Thursday the expansion of its operations in Australia, having secured formal registration with the country’s anti-money laundering regulator, AUSTRAC.The exchange’s Australian arm, Gemini Intergalactic Australia Pty Ltd, is now officially registered with AUSTRAC, Australia’s financial intelligence and anti-money laundering regulator, as the digital currency provider. Registering with Austrac is necessary before offering crypto exchange services in the country.Gemini is one of the top 20 cryptocurrency exchanges by volume. The exchange has registered a total trading volume of over $126 million in the past 24 hours, according to data…
The digital landscape is in constant flux, a testament to humanity’s unyielding drive for progress. From the early days of dial-up to the hyper-connected world we inhabit, the internet has reshaped nearly every facet of our lives. Yet, as we stand at the precipice of web3, a new paradigm emerges, promising a more equitable, transparent, and user-centric digital experience. This shift hinges on two pivotal concepts, decentralization and mainstream adoption. The journey towards a truly decentralized and widely adopted web3 is fraught with challenges, but the insights from industry leaders paint a compelling picture of the path forward. First, we…
Binance has updated its risk labels, adding Wanchain (WAN) to the Monitoring Tag list and removing several tokens from both Monitoring and Seed Tags. The update, effective October 9, signals a potential for future Binance delistings and has triggered a double-digit price drop for WAN.These changes reflect the exchange’s ongoing efforts to protect users and maintain transparency. While some tokens now face closer scrutiny, others have demonstrated stability and cleared recent risk reviews.Sponsored SponsoredWAN Token Hits New Record Low Following Binance Monitoring Tag UpdateIn the latest update, Binance notified users that it has extended Monitoring Tag to WAN token. The…
Data shows YEPE accumulation across select addresses signals coordinated buying. Blockchain analytics firm Bubblemap highlighted fresh concerns around James Wynn’s activities in the meme coin market. Wynn’s history of turning small meme coin bets into massive profits may repeat with the latest YEPE meme coin. But insider dominance is evident. Bubblemap Reveals Pattern According to the analysis by Bubblemap, insiders currently hold roughly 60% of YEPE, and a significant portion of these holdings are coming from addresses funded through the same centralized exchanges, LBank, KuCoin, and MEXC. These addresses reportedly exhibit similar funding behaviors and buying patterns, which point…
BNB “mindshare” has surged over 250% in just a week, according to Messari, with one analyst pointing to a market shift toward high-throughput, low-cost chains. The native token of BNB Chain crossed over $1,330 for the first time on Wednesday, after registering a gain of over 27% in the last week, according to data aggregator CoinGecko, nearly a week after clocking its previous high of $1,111.Crypto market intelligence firm Messari said in an X post on Wednesday, BNB’s’ mindshare, which measures public attention, discussion, and awareness, has seen a 251% spike to 5.09% in the last seven days, while its price…
In brief Zcash has surged over 140% in two weeks, hitting its highest level since 2021. Nearly $2 million in short positions were liquidated as the token climbed to $170. Analysts cite Grayscale access and endorsements from Naval Ravikant as key drivers. The token belonging to privacy blockchain Zcash has more than tripled in value in under two weeks, reaching its highest price in over three years amid a broader crypto rally that has favored some assets more than others.Zcash is posting double-digit gains, edging out 26% over the past 24 hours to $170, according to CoinGecko data, after rallying…
Square, a unit of Jack Dorsey’s Block Inc., announced Wednesday the launch of Square Bitcoin, a payments and wallet platform that allows more than four million US merchants to accept and manage Bitcoin directly inside their existing Square systems.The move puts Block at the center of a growing convergence between traditional payments and digital assets. The company is extending its Bitcoin strategy beyond retail investing toward everyday business use.Sponsored SponsoredBitcoin Commerce Goes MainstreamSquare Bitcoin integrates payments, conversions, and custody into a single interface. Merchants can accept Bitcoin at checkout, automatically convert up to 50 percent of daily sales into Bitcoin,…

