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Hyperliquid has recorded a new all-time high in monthly perpetual futures volume, facilitating over $248 billion in perp trading activity for May. This represents a 51.5% month-over-month increase compared to April’s $187.5 billion worth of volume.For context, Hyperliquid facilitated just $26.3 bill…
Ethereum is down $205.89 today or 7.90% to $2399.34Lowest 5 p.m. level since May 18, 2025 when it traded at $2398.35Largest percentage decrease since April 10, 2025 when it dropped 8.79%Down two consecutive days, down 8.29% over this periodWorst two day stretch since the two days ending April 7, 202…
The Ethereum network is staging a comeback in 2025 as bot-driven activity and stablecoin growth push the mainnet back into the center of decentralized finance (DeFi). On June 4, crypto trading platform CEX.io reported that automated bots facilitated 4.84 million stablecoin transfers on Ethereum’s la…
In Q1 2025, the Bitcoin mining industry faced numerous challenges due to the halving event and the increased network difficulty.This analysis will use data from publicly listed Bitcoin mining companies such as Cipher Mining, Riot Platforms, Core Scientific, Hut 8 Corp, TeraWulf, Bitfarms, and Cango …
The Singapore High Court has rejected the proposed restructuring plan of crypto exchange WazirX, which aims to recover from a $230 million exploit last year.In a statement released Wednesday, WazirX said that the court has declined its restructuring plan, and the team is considering an appeal agains…
By Elsa OhlenBitcoin and other cryptocurrencies fell early Thursday as positive news for the industry failed to lift crypto prices.JPMorgan is planning to start to accept clients using crypto-linked assets as collateral for loans, according to a Bloomberg report. Meanwhile, the stablecoin issuer Cir…
With bitcoin hovering around $105,000, analysts at Bitfinex suggest it could target the $120,000 to $125,000 range in June if a weak U.S. jobs report triggers a domino effect toward earlier-than-anticipated Fed rate cuts. However, stronger-than-expected Labor data could see bitcoin drop toward $95,0…
On-chain data shows the veteran investors of the Bitcoin market have shown exhaustion recently, but they still hold 11.9% of the supply.3-5 Year Old Bitcoin Holders Have Slowed Down Their SellingIn a new post on X, the on-chain analytics firm Glassnode has talked about the latest trend in the Realiz…
Coinbase has asked a US federal judge to hear a lawsuit from Oregon’s attorney general, claiming that it is a copy of a prior Securities and Exchange Commission lawsuit that belongs in federal court.In a June 2 motion filed in a Portland federal court, Coinbase claimed Oregon Attorney General Dan Ra…
CleanSpark’s Bitcoin mining production rose more than 9% in May, bringing its treasury to 12,502 BTC, double the amount it held at the same time last year. According to its monthly report, the company mined 9.4% more Bitcoin (BTC) in May, producing 694 coins compared to 633 in April. CleanSpark also…
Bitcoin rose 50% in 45 days from April into May, before reaching a new all-time-high just shy of $112K.Since then, it’s fallen 6%, sitting now right at $105K.Was the ATH a rare surge, and have Bitcoin’s fundamentals returned to something more pessimistic? Or is this a temporary pullback with strong …
The Ethereum Foundation (EF) has restructured its internal development group, rebranding its core research team and laying off some staff in the process.According to a June 2 announcement, the EF’s former Protocol Research & Development (PR&D) team is now simply “Protocol,” which will focus on three…