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Hyperliquid’s native token, HYPE, is showing signs of weakness following recent market volatility. After several failed recovery attempts, the altcoin is struggling to maintain its footing above crucial support levels. While short-term traders anticipate a potential rebound, technical indicators suggest long traders should proceed cautiously.Sponsored SponsoredHyperliquid Traders Could Face LossesThe liquidation map reveals that HYPE long traders could face up to $24.40 million in potential liquidations if the token drops to its month-long critical support at $35.3. This would represent a substantial risk, as it could trigger widespread position closures among leveraged traders.What makes this development more concerning is that this…

Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital…

Users were left waiting for over a month after the synthetic dollar protocol’s Season 4 concluded in September.Synthetic dollar protocol Ethena released its Season 4 rewards today, with ENA tokens claimable by participants who have been waiting since September for their earnings.Season 4 concluded on Sept. 24, which also kicked off Season 5, expected to run until March 2026.Today’s rewards drop distributes 3.5% of the total ENA supply, with 1.5% instantly claimable, an additional 1% vested for the top 2000 wallets and instantly available for smaller users, and the remaining 1% to be distributed when Hyena Trade, Ethena’s HIP-3 instance,…

The price of Zcash is recording one of the most astonishing rallies in the crypto market despite the ongoing bearish conditions. Over the past few weeks, we have seen a resurgence in the privacy narrative. Zcash (ZEC), one of the oldest and best-known privacy coins, is up by about 700% since September.  The pump in recent days is notable, as it comes at a time when the entire crypto industry is being dragged down due to Bitcoin’s decline towards $100,000. It raises the question of how Zcash is managing this performance, and there are different theories on social media as…

As the Bitcoin market continues to experience a flurry of sales, which started in mid-October, recent on-chain data paints a somewhat optimistic picture of the cryptocurrency’s future. The question is — is the Bitcoin bottom in? Is A BTC Price Reversal Imminent?  In a recent Quicktake post on the CryptoQuant platform, pseudonymous crypto pundit Sunny Mom shared that a bottom formation for the Bitcoin price may be around the corner. Sunny Mom’s post was based on four different on-chain metrics, all looking into the behavior of Bitcoin’s market participants. The first of these is the Futures Taker CVD (Cumulative Volume…

Strategy is once again turning to investors to raise capital for expanding its Bitcoin holdings. The company has launched a new preferred stock offering that provides investors with steady returns while fueling its ongoing Bitcoin accumulation strategy.Sponsored SponsoredRaising Millions to Buy More BitcoinEarlier today, Strategy (formerly MicroStrategy) introduced a new class of preferred shares designed to attract institutional investors seeking fixed returns. The company raised roughly $715 million through the sale of its 10% Series A Perpetual Stream Preferred Stock (STRE), selling 7.75 million shares at about 92 each and offering investors a 10% annual dividend based on a €100 share value. The…

In brief Sam Altman stated on November 6 that OpenAI “does not have or want government guarantees” for its data centers. That claim came in response to CFO Sarah Friar’s earlier comment suggesting a federal “backstop” could help finance AI infrastructure—remarks she quickly retracted. A letter OpenAI sent to the White House on October 27 directly contradicts Altman’s denial, explicitly requesting loan guarantees and other federal financial support for AI infrastructure. OpenAI explicitly requested federal loan guarantees for AI infrastructure in an October 27 letter to the White House—which kindly refused the offer, with AI czar David Sacks saying that…

Judge says Keonne Rodriguez “used his talents to enable fraud,” highlighting tension between privacy and law. Authorities have handed a five-year prison sentence to the co-founder of the crypto mixing platform Samourai Wallet following their guilty plea. This development has sparked a debate over the line between privacy and crime in the digital asset space. Crypto Privacy Debate U.S. District Judge Denise Cote sentenced Keonne Rodriguez for conspiring to operate an unlicensed money-transmitting business. The 37-year-old had admitted guilt in July as part of a deal with prosecutors, with the five-year term marking the maximum penalty for the charge.…

In brief Zcash surged 33% on Friday to a recent high of nearly $735, triggering $51 million in short liquidations and ranking third in crypto liquidations behind Bitcoin and Ethereum. The token’s price has jumped tenfold in five weeks amid growing privacy concerns about Bitcoin’s centralization and corporate influence. Thursday’s harsh sentence for a Bitcoin privacy app developer may have further fueled Zcash’s rally. Privacy-focused Bitcoin alternative Zcash went on a tear Friday, surging some 33% in a matter of hours and triggering over $51 million in short position liquidations.The token surged to nearly $735 Friday afternoon, up from $536…

Charles Edwards, founder of Capriole Investments, has identified a concerning trend in the Bitcoin (BTC) and broader cryptocurrency market that adds to the ongoing sentiment of bearishness among investors.  Over 1 Million BTC Sold By OG Investors Since June In a recent post on the social media platform X (formerly Twitter), Edwards highlighted that “OG” Bitcoin whales are actively cashing out their holdings. Accompanying his remarks was a chart illustrating the extent of this phenomenon, showing on-chain spending from “OG” Bitcoin holders—those who have held their assets for over seven years.  The chart prominently features two color-coded categories: orange for…