Hyperliquid, a blockchain network specializing in trading, has increased margin requirements for traders after its liquidity pool lost millions of dollars during a massive Ether liquidation, the network said. On March 12, a trader intentionally liquidated a roughly $200 million Ether long position,
NEW YORK, NY, March 13, 2025 – 21Shares US LLC ("21Shares"), an affiliate of 21Shares AG, one of the world’s largest issuers of crypto exchange traded funds (ETFs), today announced the scheduled liquidation of two bitcoin futures and ethereum futures ETFs (the “Funds”), based on routine review of th
The BlackRock USD Institutional Digital Liquidity Fund, better known as BUIDL, has surpassed $1 billion in assets under management, according to a company announcement on Thursday. This marks a major advancement for the tokenization sector as the first tokenized fund issued by a Wall Street institut
CoinDesk Bitcoin Price Index is down $2787.80 today or 3.36% to $80136.38Down seven of the past eight daysDown two consecutive days, down 3.57% over this periodDown 4.72% month-to-dateDown 14.21% year-to-dateDown 24.92% from its all-time high of $106734.51 on Dec. 17, 2024 (based on 4 p.m. levels)Up
On March 5, hardware wallet provider Trezor disclosed a potential vulnerability in one of its older crypto wallet models. The attack is largely "theoretical" and would likely only affect users who purchased their device third-hand. Trezor made the disclosure after its primary rival, Ledger, communic
Ethereum (ETH) is facing significant selling pressure, trading below the $1,900 mark as market uncertainty continues to weigh on price action. After losing the critical $2,000 level, ETH plunged as low as $1,750, marking its lowest point since October 2023. Bulls are now under pressure, as they must
Memecoins have been in the news lately, primarily driven by the launch of the President’s $Trump coin. Recently, the U.S. SEC clarified that, for the most part, memecoins are not securities as they don’t meet the Howey test. That doesn’t mean clients won’t be asking questions about these assets, tho
U.S. crypto lobbyists watched with excitement in recent days as a pair of votes cemented what they'd hoped: Congress is on their side.The industry that battled with pariah status just three years ago has staunch allies now in the White House and inside the U.S. financial agencies, and the recent vot
Solanaprice completed a “death cross” on the one-day chart on March 12, as the altcoin consolidated near its long-term support level at $125. This could potentially accelerate the SOL price sell-off in the near term for a drop below $100 for the first time since February 2024. A death cross occurs w
Former Binance CEO Changpeng “CZ” Zhao has denied many of the claims in a Wall Street Journal report suggesting that he has been actively seeking a federal pardon from US President Donald Trump.In a March 13 X post following the release of the report, Zhao said he had no discussions regarding a busi
New York, NY, March 13, 2025 (GLOBE NEWSWIRE) — Somnia, the high-performance blockchain designed for fully on-chain applications, is unveiling its initial ecosystem of 14 decentralized applications (dApps) spanning DeFi, gaming, AI, social, metaverse and NFTs.The first wave of these dApps will go
On Thursday, decentralized lending protocol Compound launched a new series of vaults on Polygon via a partnership with web3 advisory firm Gauntlet and rival lending protocol Morpho. Depending on one’s perspective, the move is being cast as either a way to breathe life into one of DeFi’s longest-runn
Cryptocurrency payments company MoonPay is expanding its presence in the enterprise stablecoin market with the acquisition of Iron, an API-focused stablecoin infrastructure developer, for an undisclosed amount. According to a March 13 announcement, the acquisition will give MoonPay’s enterprise cust
The Senate Banking Committee voted to advance a monumental stablecoin bill, advancing it to the full Senate and gaining support from Democrats along the way. Introduced in February by Sen. Bill Hagerty, R-Tenn., the "GENIUS Act" (Guiding and Establishing National Innovation for US Stablecoins) aims
Cryptocurrency app MoonPay, has acquired Iron, an API-focused stablecoin infrastructure platform, the company said in a press release Thursday.The acquisition will significantly increase Moonpay's enterprise offerings, the Miami-based company said, and will allow businesses to accept stablecoin paym
After the meekest of rallies yesterday following some soft inflation numbers, U.S. stocks Thursday are once again headed sharply lower and apparently pulling bitcoin (BTC) along for the ride.Just ahead of the noon hour on the east coast, the Nasdaq is lower by 1.7% and the S&P 500 by 1.2% After push
The launch of Basis Trade Vault introduces b-tokens for Bitcoin and Ethereum. These tokens offer automated and composable trades that enable users to stack yield without traditional trading risks. Such innovations generally bring attention and can drive demand for Derive's DRV token. By automating c
The Pascal hard fork brings significant changes to the BNB Chain with the introduction of EIP-7702 on the mainnet. This update aims to rethink transactions, which could potentially impact the price of Binance-Peg WETH. Hard forks often cause price volatility as they can improve or alter network feat
The Doody Fission item launch allows $APRS holders to convert their tokens into a new meme coin, creating a unique opportunity for price movement. Memecoins often have speculative value, leading to rapid price spikes or drops. If the community embraces this new coin, it could sharply increase demand
A popular meme coin has shown signs of recovery as it entered bullish territory with analysts showing optimism for the future of the crypto in the upcoming months. Analysts predict that Dogecoin’s current momentum will push it to a possible 318% rally, giving their insights on what is driving this m