Bitcoin (BTC) extended its decline on Friday, sliding to levels not seen since early February, leaving the broader market under renewed pressure and deepening bearish sentiment. Since reaching its all-time high of $126,000 last October, Bitcoin is now down roughly 52%, reinforcing the sense that the sell-off is more than a short-term dip. Bitcoin Treasury…
Arthur Hayes, co-founder of BitMEX and Chief Investment Officer of Maelstrom, announced on June 4 that he has exited his entire positions in both Hyperliquid’s HYPE token and NEAR Protocol — reversing two of his most publicly stated high-conviction long calls — citing five macro and geopolitical factors he believes will weigh on risk assets…
The Bitcoin price fell hard on Tuesday, hitting $67,289—its lowest level since April—reshaping sentiment toward a more bearish outlook as bulls lose key support zones. CoinGecko data shows the selloff isn’t isolated to one timeframe. Bitcoin has retraced across all-time horizons, reflecting widespread bearish sentiment and persistent selling pressure. The Bitcoin price is down about…
Hyperliquid (HYPE) has notched a fresh all-time high as activity across parts of the broader crypto market appears to be consolidating rather than accelerating. While many competitors have stayed relatively range-bound, HYPE has pushed higher and is now inching toward Dogecoin (DOGE), the tenth-largest cryptocurrency by market cap. At the moment, DOGE still holds a…
Bitcoin (BTC) dropping below the $80,000 mark is starting to undo some of the optimism that followed a major step forward for the industry. After the Senate Banking Committee markup for the CLARITY Act on Thursday, the market’s gains have since faded. Now, fresh inflation data is arriving with a potentially heavier hand, and analysts…
Coinbase CEO Brian Armstrong announced on Tuesday, May 5, that the company will reduce its workforce by approximately 14% — a move Armstrong described as “sudden and harsh” but necessary to position the exchange for what he called a new phase of AI-driven operations. In a post on X shared with employees, Armstrong outlined two…
The group extorting Kraken is claiming access to some client account information after two insider incidents involving customer support staff. Kraken’s Extortion Plot: An Insider-Play Yesterday, on a post on the social network X, Nick Percoco, Kraken’s Chief Security Officer (CSO), made public that a criminal group is extorting the crypto exchange with threats to…
Binance is offering temporary relocation to employees based in the United Arab Emirates (UAE), as the Iran conflict rattles the wider Middle East. Iran Tensions Spill Over To CEXs Bloomberg reported today that the largest crypto centralized exchange (CEX) said many staff members have opted to stay in the UAE, though it did not disclose…
Amidst yet another big hack attributed to North Korea-linked operatives, some crypto builders have confessed they are passing tests during interviews to developers to make sure they are not North Korean agents. The Fool-Proof “Kim Jong‑Un Test” For Crypto Developers Once again, the Democratic People’s Republic of Korea (DPRK) is responsible for some action movie-sounding…
Tokenized Brent oil futures on Hyperliquid generated about $46.6 million in liquidations in 24 hours, making oil the third‑most liquidated asset after ether at $104.5 million, and Bitcoin at $98.3 million. Hyperliquid’s Oil Perps Dethrone Bitcoin The single largest liquidation across all assets in the past 24 hours was not Bitcoin or Ethereum, but a…
