Crypto News
CRO Headlines Altcoin Breakout as HYPE, JTO, SOL Join the Rally With Double-Digit Gains
While bitcoin fell 1.5% against the U.S. dollar this week, several digital assets outperformed the leading crypto asset. Altcoins broadly took the lead, with CRO grabbing attention after climbing nearly 90%. Bitcoin Holds $2.22T Market Cap While Altcoins Like CRO and HYPE Drive $3.89T Crypto Economy Higher By 1 p.m. Eastern time on Aug. 27,Source link
Hyperliquid’s HYPE Hits Record High Above $50 on Trading Boom, Token Buybacks
The native token of Hyperliquid (HYPE) surged to a fresh all-time high early Wednesday, continuing its meteoric climb this year as the decentralized exchange best known for on-chain perpetual trading has attracted record activity.The token broke through the $50 mark for the first time, gaining about 8% in the past 24 hours. HYPE is now up 430% since its April nadir and up roughly 15x since it began trading in late November at around $3.The rally has been fueled by record trading activity across the exchange and its automated buyback mechanism, which steadily absorbs tokens from the market and reduces circulating supply.Read more: Hyperliquid Now Dominates DeFi Derivatives, Processing $30B a DayTrading boomThe decentralized exchange recorded more than $357 billion...
Nakamoto Holdings Establishes $5 Billion ATM Equity Program to Fuel Bitcoin Treasury
KindlyMD, Inc., also known as Nakamoto Holdings, announced this week that it has established an at-the-market equity offering program to sell up to $5 billion of its common stock. NAKA Announces $5 Billion Shelf Registration for Stock Sales The program, KindlyMD (Nasdaq: NAKA) detailed in a filing with the U.S. Securities and Exchange Commission (SEC),Source link
Google Reveals Layer-1 ‘Universal Ledger’ Plans as Circle, Stripe Prep Rival Chains
Google is building a "performant, credibly neutral" layer-1 blockchain, but industry observers worry that the tech giant's existing interests could compromise that neutrality.Source link
ETH Liquidity Check: Is it Catching Up with Bitcoin?
In our previous research report titled Bitcoin’s Liquidity Trifecta: Unpacking Liquidity Across On-Chain Data, Market Microstructure and Macro Drivers, we explored how various liquidity indicators could reveal underlying capital flows and liquidity conditions for bitcoin. Applying that same framework to ether (ETH) gives us valuable insight into its current liquidity profile — both on-chain and in the broader market. In this update, we also highlight the growing role of digital asset treasuries (DATs) which have emerged as a key driver behind ETH’s recent rally.Unknown block type "divider", specify a component for it in the `components.types` optionWebinar alert: On September 9 at 11:00am ET join Michelle Noyes from AIMA and Andy Baehr from CoinDesk Indices as they discuss building a sustainable...