2.93M $HYPE Staked by Whale — Major Shift in Hyperliquid Liquidity

Earlier today, Lookonchain shared that a whale staked 2.93 million $HYPE into Hyperliquid, an action valued at approximately $172 million. This move, involving 19 wallets likely belonging to the same entity, adds significant liquidity to the platform, which could impact future trading dynamics. The Story So Far In the past 24 hours, the staking of […]

Lookonchain Reports Bored Ape Sale — Liquidation Forces Ethereum Investor to Sell

In the past few hours, Ethereum investor Machi (@machibigbrother) faced liquidation, prompting a critical sale of his Bored Ape NFT. To raise funds for his $ETH long position, he sold Bored Ape #6801 for 8.61 ETH, incurring a significant loss of 14.89 ETH, or approximately $28,000. This development underscores the pressures some investors face in […]

Blockchain Association Advocates for Regulatory Clarity with SEC

The Blockchain Association has made a significant case to the SEC, arguing that securities laws should regulate intermediaries rather than neutral infrastructure. They assert that code is a form of speech and that developers do not act as financial middlemen. This position was communicated directly through their official Twitter account, emphasizing the need for regulatory […]

Jim Cramer Shares His Framework for Telling a Buyable Crash From a Real One

Jim Cramer laid out a framework for judging stock market crashes on Mad Money on Thursday. He said most selloffs are mechanical malfunctions worth buying, while only a handful pose real economic threats. Cramer, the CNBC host who has traded through four decades of market cycles, compared three events to make his case. He cited […]

Wall Street Analyst Says AI Spending Arms Race Is at 15% After Tesla and Google Selloff

Wedbush Securities managing director Dan Ives says the artificial intelligence spending buildout is still in its early stages. He pushed back against Thursday’s selloff in Tesla and Alphabet shares. Ives made the case on CNBC’s “Power Lunch.” Both companies had just posted revenue beats, yet investors punished them for heavier AI capital spending. “Only 15% […]

BitMEX delists 65 trading pairs, derivatives in July amid exchange shutdown

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AMPL Price Climbs 11.2%: Institutional Interest Fuels Surge

Trading volumes for AMPL skyrocketed as the price surged 11.2% in just five minutes, moving from $1.25 to $1.39. This rapid increase reflects heightened investor interest, particularly in the context of ongoing market dynamics. As of now, AMPL is showing signs of recovery after a recent downturn, suggesting traders are keenly watching its movements. What […]

Ripple Invests in Notabene to Expand RLUSD Stablecoin Payments for Financial Institutions

Ripple has made a strategic investment in crypto compliance firm Notabene, pairing its RLUSD stablecoin with a network that Notabene says processes more than $2 trillion in annualized transaction volume. The partnership aims to accelerate regulated enterprise stablecoin payments as new global rules take effect. Notabene Announces Ripple Investment Notabene, a New York-based provider of […]