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Hyperliquid (HYPE) is on an absolute tear. The decentralized perpetuals exchange token surged to a fresh all-time high of $39.39 on May 26, posting an eye-popping 300% gain since its April 7 lows. What began as a quiet reversal from a prolonged downtrend has now turned into one of the most explosive rallies in the…
After nearly doubling from its April lows, Ethereum (ETH) is catching its breath—hovering near the $2,500 mark and forming what may be a pivotal consolidation range. ETH broke free in late April from a long-term descending wedge, confirming a major trend reversal. This bullish breakout was accompanied by rising trading volume and reclaimed several key…
Solana (SOL), one of the top-performing altcoins of 2024, finds itself in a temporary holding pattern just shy of the $200 mark. The culprit? A scheduled token unlock valued at $80 million that began on May 25 and runs through June 1. Unlike sudden “cliff” unlocks, this linear release will gradually inject about $11.82 million…
Renowned crypto trader James Wynn is once again making waves in the digital asset space. Just days after walking away with $25 million in profits from a high-stakes Bitcoin trade, Wynn has doubled down with fresh leveraged positions—this time going 40x long on Bitcoin and 10x long on the meme-favorite PEPE Coin via the decentralized…
Amid growing turmoil in Japan’s bond markets and a historic debt crisis, investors are flocking to Bitcoin proxy Metaplanet Inc., sending its stock soaring by 18.38% on Monday. The Tokyo-listed company closed at 966 JPY, marking a fresh upper limit as fears over Japan’s economic stability intensify. Over the past 45 days, Japan’s 30-year government…
In a surprising yet refreshing display of inter-chain camaraderie, Cardano founder Charles Hoskinson has extended a hand of cooperation to Ripple by offering to integrate its upcoming RLUSD stablecoin — free of charge. The bold gesture highlights Cardano’s growing interest in strengthening decentralized finance (DeFi) through collaboration rather than competition. The news broke via a…
Coinbase is facing a class action lawsuit that could shake investor confidence further. The crypto exchange giant is accused of withholding information on a major data breach and a regulatory penalty, both of which triggered significant declines in its stock price. The suit, filed by investor Brady Nessler in the U.S. District Court for the…
Shiba Inu (SHIB), once an obscure meme coin launched on August 1, 2020, is now a defining example of cryptocurrency’s unpredictable magic. Back then, SHIB was trading at a jaw-droppingly low $0.00000000097 (nine zeroes), giving early adopters a chance to scoop up 1 billion tokens for just a single dollar. Fast forward to May 26,…
Dogecoin (DOGE) took a bearish turn in the past 24 hours, falling 4.97%, despite boasting a strong 20.57% gain over the past month. This decline has raised eyebrows, especially as it coincides with a significant surge in buying activity, suggesting that traders might be gearing up for a potential reversal. The memecoin recently hit a…
Ethereum [ETH] has taken a sharp downturn after a short-lived rally to $2,700 earlier this week. The world’s second-largest cryptocurrency slipped to $2,476 at press time, marking a 3.05% decline in the past 24 hours. The rejection at the $2.7K resistance level has triggered a wave of selling, evident across both spot and derivatives markets….