Thrive Capital’s ties to Trump adviser raise federal contract concerns

The investigation could redefine conflict-of-interest standards, impacting future government contracts and venture capital investments. The post Thrive Capital’s ties to Trump adviser raise federal contract concerns appeared first on Crypto Briefing.
Bitwise Leader Thinks Hyperliquid is Bigger Than the Crypto Market
Hyperliquid (HYPE) should be valued against the $600 trillion global asset market, not crypto’s $3 trillion universe. That is the case Bitwise Chief Investment Officer Matt Hougan made for the fast-growing perpetual futures platform. Hougan said BHYP, Bitwise’s spot Hyperliquid ETF, has pulled in close to $60 million since its mid-May NYSE debut. He called […]
A16z-Linked Wallet Builds $192 Million HYPE Stake as Early Whale Cashes out $95 Million

A wallet reportedly tied to venture giant Andreessen Horowitz (A16z) has accumulated 3.9 million HYPE worth about $192.6 million, even as one of Hyperliquid’s earliest backers sold a 1.5 million-token stake to lock in a roughly $95 million profit. Smart Money on Both Sides A wallet that onchain analysts have linked to venture capital firm […]
Hedgebook launches app for hedging risks in large-cap equities using Kalshi

Hedgebook’s app could redefine risk management for large-cap equity investors by leveraging prediction markets to navigate macroeconomic uncertainties. The post Hedgebook launches app for hedging risks in large-cap equities using Kalshi appeared first on Crypto Briefing.
Bitcoin Records $40B+ In Capital Outflows As ‘Humpback’ Whales Intensify Selling – Details

Over the last week, the Bitcoin price has continued to see sustained selling pressure, with the flagship cryptocurrency trading around $73,400. According to recent on-chain data, changes in key market structures suggest Bitcoin might remain in this bearish state in the near to mid-term. Realized Cap Metric Reflects Growing Capital Outflows In a recent post […]
Stellar XLM Surges 40% on DTCC Tokenization News as Capital Rotates to Bitcoin L2 Bitcoin Hyper
Stellar’s XLM has cleared the $0.20 mark following a major DTCC integration announcement, while investors rotate profits into the $32.7M Bitcoin Hyper (HYPER) presale. The post Stellar XLM Surges 40% on DTCC Tokenization News as Capital Rotates to Bitcoin L2 Bitcoin Hyper appeared first on Cryptonews.
Naval mine discovery heightens US-Iran tensions in Strait of Hormuz

Heightened US-Iran tensions in the Strait of Hormuz could lead to prolonged maritime disruptions, impacting global oil supply stability. The post Naval mine discovery heightens US-Iran tensions in Strait of Hormuz appeared first on Crypto Briefing.
World’s Highest IQ Holder Predicts XRP Surge to $10 This Market Cycle, and Here’s Why

XRP traded firmly on Saturday, extending a recovery that began on Thursday after the cryptocurrency bounced from a key multi-month support zone near $1.34. The rebound has reignited optimism among investors who have endured months of frustrating sideways price action. Notably, since February, XRP has largely remained trapped within a broad trading range despite several […]
US warns Iran of military action if peace plan conditions rejected

The US warning to Iran heightens regional tensions, potentially derailing diplomatic efforts and increasing the risk of military conflict. The post US warns Iran of military action if peace plan conditions rejected appeared first on Crypto Briefing.
SEC Sues Texas Man For $12.3 Million Crypto Asset Fraud – Details
The US Securities and Exchange Commission (SEC) is pressing charges against Nathan Fuller, a Texas resident, for running a multi-million dollar crypto investment fraud scheme. The case, filed at the US Southern District of Texas, seeks several penalties against the defendant for allegedly defrauding 150 victims. In a press release on May 28, the SEC […]