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Hyperliquid Perps Volume Hits Record 8B in May Amid James Wynn Frenzy

Hyperliquid Perps Volume Hits Record $248B in May Amid James Wynn Frenzy

Leave a Comment / Adoption, Altcoin News, Hyperliquid, perpetual futures /

Key Takeaways: Hyperliquid hit a record $248 billion in May perps volume, up 51.5% month-on-month. Hyperliquid’s market share climbed to 10.54% of Binance’s perps volume. Trader James Wynn lost $100 million after a high-leverage Hyperliquid bet collapsed during a sudden Bitcoin downturn. Onchain perpetual futures platform Hyperliquid notched a record-breaking $248 billion in monthly trading […]

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Spot Ethereum ETFs post 14-day inflow run, lifting year-to-date haul above B

Spot Ethereum ETFs post 14-day inflow run, lifting year-to-date haul above $3B

Leave a Comment / Adoption, crypto, ETF, Featured, TradFi /

Spot Ethereum (ETH) exchange-traded funds (ETFs) notched a 14-session streak of net inflows as of June 5, fueled by investment advisors and hedge fund managers. According to Bloomberg data shared by ETF Store CEO Nate Geraci, Ethereum ETFs since May 20 added roughly $812 million. This movement resulted in total net inflows of over $3

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Gemini files confidential IPO draft as Circle’s shares register a new all-time high near 4

Gemini files confidential IPO draft as Circle’s shares register a new all-time high near $124

Leave a Comment / Adoption, crypto, Exchanges, Featured, TradFi, Trading /

Gemini confidentially filed a draft registration statement with the US Securities and Exchange Commission (SEC) for an initial public offering (IPO) of Class A common stock, according to a June 6 statement.  The exchange controlled by Cameron and Tyler Winklevoss stated that the share count and price range will be determined once regulators complete their

Gemini files confidential IPO draft as Circle’s shares register a new all-time high near $124 Read More »

X and Polymarket partner up to bring decentralized prediction markets to social media

X and Polymarket partner up to bring decentralized prediction markets to social media

Leave a Comment / Adoption, crypto, Culture, Featured /

Polymarket, the decentralized prediction platform known for its election forecasting accuracy, has been named the official prediction market partner of X, the social media company owned by Elon Musk. The partnership, announced on June 6, signals a growing role for markets in shaping public understanding of news, politics, and real-world outcomes. Polymarket celebrated the partnership

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Uber eyes stablecoins for faster settlements, lower FX costs for global operations

Uber eyes stablecoins for faster settlements, lower FX costs for global operations

Leave a Comment / Adoption, crypto, Featured, Stablecoins /

Uber is exploring dollar-pegged stablecoins as a tool for transferring funds across its global network, CEO Dara Khosrowshahi said on June 5 at the Bloomberg Tech conference in San Francisco.  Khosrowshahi explained that blockchain-based tokens could settle payments faster than traditional correspondent bank channels and eliminate layers of foreign exchange fees.  He said that stablecoins

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Circle stock price skyrockets 234% in less than 30 minutes causing multiple trading halts

Circle stock price skyrockets 234% in less than 30 minutes causing multiple trading halts

Leave a Comment / Adoption, crypto, Featured, Stablecoins, TradFi, Trading /

Circle’s (CRCL) shares more than tripled minutes into their New York Stock Exchange debut on June 5, touching $103.75 less than 30 minutes following its launch and resulting in several volatility halts. The price peak is 234% above the initial public offering (IPO) price of $31, which captured over $1 billion by selling 34 million

Circle stock price skyrockets 234% in less than 30 minutes causing multiple trading halts Read More »

Bluebird gold mining company embraces Bitcoin in bold shift from tradition, shares soar 60%

Bluebird gold mining company embraces Bitcoin in bold shift from tradition, shares soar 60%

Leave a Comment / Adoption, Bitcoin, Bluebird, crypto, gold, TradFi, Uk /

Bluebird Mining Ventures Ltd., a London-listed gold exploration company with operations across Asia, has unveiled plans to adopt Bitcoin as part of its treasury management strategy. The firm announced the move on June 5 in a post on X (formerly Twitter), signaling a significant departure from the traditional capital allocation models in the UK mining

Bluebird gold mining company embraces Bitcoin in bold shift from tradition, shares soar 60% Read More »

Bitfinex: BTC Price Could Touch 5K by July on Institutional Demand, ETF Flows

Bitfinex: BTC Price Could Touch $115K by July on Institutional Demand, ETF Flows

Leave a Comment / Adoption, Bitcoin, Bitcoin News, Market /

Bitcoin could climb to $115,000 or higher by early July, with institutional demand and ETF inflows driving the rally, according to analysts at Bitfinex. Key Takeaways: Bitfinex analysts see Bitcoin potentially reaching $115,000 or higher by early July. Institutional demand, ETF inflows, and macro catalysts like rate cut expectations could fuel the rally. The U.S.

Bitfinex: BTC Price Could Touch $115K by July on Institutional Demand, ETF Flows Read More »

Bitcoin Miner BitMine Raises M to Buy Bitcoin, Stock Lists on NYSE American

Bitcoin Miner BitMine Raises $18M to Buy Bitcoin, Stock Lists on NYSE American

Leave a Comment / Adoption, Bitcoin, Bitcoin miner, Bitcoin News /

Key Takeaways: BitMine is raising $18 million to purchase more Bitcoin. The company’s stock will list on NYSE American under the ticker BMNR. BitMine is expanding both its BTC holdings and advisory services. BitMine Immersion Technologies is raising $18 million through a public stock offering as it looks to expand its Bitcoin holdings and deepen

Bitcoin Miner BitMine Raises $18M to Buy Bitcoin, Stock Lists on NYSE American Read More »

Circle set to exceed IPO expectations after overwhelming investor demand

Circle set to exceed IPO expectations after overwhelming investor demand

Leave a Comment / Adoption, crypto, Featured, Stablecoins, TradFi, Trading /

Circle is poised to price its initial public offering above its marketed range after receiving investor orders for more than 25x the number of shares available, Bloomberg reported on June 4, citing people familiar with the matter. The stablecoin issuer and its backers are offering 32 million shares at a price range of $27 to

Circle set to exceed IPO expectations after overwhelming investor demand Read More »

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