Subscribe to Updates
Get the latest creative news from FooBar about art, design and business.
Author: admin
In brief Tether paid $299.5 million to settle Celsius Network bankruptcy claims, far less than the nearly $4.5 billion in Bitcoin originally sought. Celsius claimed that Tether improperly liquidated Bitcoin before its bankruptcy without proper notice; Tether said it acted lawfully. Former Celsius CEO Alex Mashinsky was sentenced to 12 years in prison for fraud involving customer funds and token manipulation. The Blockchain Recovery Investment Consortium (BRIC), a partnership between investment firms GXD Labs and VanEck, announced that stablecoin giant Tether has paid $299.5 million to settle claims from the Celsius Network bankruptcy estate.The payment resolves an adversary proceeding filed…
Hyperliquid (HYPE) continues to face strong selling pressure as its price trend remains firmly bearish. The altcoin has struggled to regain momentum following last week’s market correction. A growing bearish sentiment in the Futures market is amplifying the decline, with traders actively betting against a price recovery.Hyperliquid Traders Are BearishThe funding rate for Hyperliquid has dropped to a six-month low, signaling a sharp rise in bearish sentiment. The funding rate measures the balance between long and short positions in the Futures market. A negative funding rate indicates that short contracts dominate — a scenario now clearly visible with HYPE.Sponsored SponsoredThis trend…
Gate, a global leading cryptocurrency trading platform, officially announces the launch of the “Futures Points Airdrop Public Beta” event, offering a limited-time airdrop to all registered users. This public beta is centered around the idea of “Everyone can participate, and points equate to benefits”. Users only need to accumulate basic futures points to claim token airdrops and stand a chance to share a total reward pool of 3,500 GT. According to official platform information, the system will officially launch and start calculating futures points on Oct. 14, 2025, 08:00 (UTC), and the airdrop claiming period will run from Oct. 16,…
Singapore, Singapore, October 14th, 2025, Chainwire City Protocol is developing a decentralized protocol designed to establish capital market infrastructure for intellectual property (IP). By bringing IP on-chain, the project aims to make it a more accessible and liquid asset class, supported by tools for IP verification, financing, and scalable growth. In traditional capital markets, companies such as Apple and Tesla have demonstrated how access to early-stage capital and financial infrastructure can contribute to long-term growth into trillion-dollar enterprises. In contrast, IP—despite being one of the world’s most valuable assets—has historically been limited to royalties, licensing agreements, and fragmented ownership structures.…
New York City, United States, October 14th, 2025, Chainwire Tria (tria.so) has raised $12 million in pre-seed and strategic funding to build a global self-custodial neobank—designed for both humans and AI agents. The round includes participation from P2 Ventures, Aptos, Tria’s own community and executives from Polygon, Ethereum Foundation, Wintermute, Sentient, 0G, Concrete, Eigen, and others. Polychain and Polygon served as Pre-seed advisors. Neobanks like Revolut and Monzo simplified fiat finance by masking legacy complexity and are now managing over $4 trillion in global transactions. Web3 takes this further by removing intermediaries entirely. Tria is solving the biggest gap in…
Bitcoin heads into the new week with a clean catalyst: the White House’s tariff brinkmanship with China and a market structure that just absorbed the largest crypto liquidation on record. Markets have marched through the tariff cycle almost beat-for-beat, and as of Monday we are squarely at Step 8 of The Kobeissi Letter’s template: the post-open reassurance from Treasury. The sequence since late week ties cleanly to the blueprint Kobeissi published after “10 months analyzing EVERY single tariff development,” which it summarized as an “EXACT playbook for investors.” Bitcoin Weekly Preview In their words: “1) Trump puts out cryptic post……
The crypto market staged a recovery on Monday following the weekend’s $500 billion bloodbath that resulted in a $10 billion drop in open interest.Bitcoin BTC$115,237.06 rose by 1.4% while ether ETH$4,224.23 outperformed with a 2.5% gain. SNX$2.4270, meanwhile, stole the show with a 120% rally as traders anticipate “perpetual wars” between the decentralized trading venue and HyperLiquid.Plasma XPL$0.4395 and aster ASTER$1.4526 both failed to benefit from Monday’s recovery, losing 4.2% and 2.5% respectively. Derivatives PositioningThe BTC futures market has stabilized after a volatile period. Open interest, which had dropped from $33 billion to $23 billion over the weekend, has now…
HBAR (Hedera Hashgraph) experienced pronounced volatility in the final hour of trading on Oct. 13, soaring from $0.187 to a peak of $0.191—a 2.14% intraday gain—before consolidating around $0.190. The move was driven by a dramatic surge in trading activity, with a standout 15.65 million tokens exchanged at 13:31, signaling strong institutional participation. This decisive volume breakout propelled the asset beyond its prior resistance range of $0.190–$0.191, establishing a new technical footing amid bullish momentum.The surge capped a broader 23-hour rally from Oct. 12 to 13, during which HBAR advanced roughly 9% within a $0.17–$0.19 bandwidth. This sustained upward trajectory…
Strategy (MSTR), the world’s largest corporate owner of bitcoin BTC$114,431.52, appeared to miss out on capitalizing on last week’s market rout to purchase the dip in prices.According to Monday’s press release, the firm bought 220 BTC at an average price of $123,561. The company used the proceeds of selling its various preferred stocks (STRF, STRK, STRD), raising $27.3 million. That purchase price was well above the prices the largest crypto changed hands in the second half of the week. Bitcoin nosedived from above $123,000 on Thursday to as low as $103,000 on late Friday during one, if not the worst…
Market Recovery: XLM Leads with 6% Daily GainStellar’s XLM surged 6% over the past 24 hours, closing at $0.35 after weathering bouts of volatility. The asset traded within a $0.02 range between $0.33 and $0.35, briefly dipping to $0.34 before buyers regained control. The recovery underscores growing bullish sentiment across major crypto assets following October’s selloff.Institutional Buying SignalsThe final hour of trading showcased strong institutional accumulation. XLM opened at $0.35 before slipping to $0.34 by 13:29. In a sharp three-minute rally from 13:31 to 13:33, bulls propelled prices back to $0.35 on a surge of 15 million tokens traded —…

