In a rapidly evolving financial landscape, the recent turmoil surrounding HyperLiquid’s handling of the JELLY incident serves as a cautionary tale. The complexities of decentralized finance (DeFi) often obscure fundamental risks; however, HyperLiquid’s downfall highlights the devastating effect of market manipulation. A single trader, wielding $4.85 million in JELLY, exploited vulnerabilities in HyperLiquid’s market-making vault,
On March 27, 2023, President Donald Trump made a bold move by issuing full pardons to the three co-founders of BitMEX—Arthur Hayes, Benjamin Delo, and Samuel Reed. This decision did not occur in a vacuum; it emerged amidst shifting tides in both the political and financial sectors, where the cryptocurrency market seems to be on
On March 28, the Federal Deposit Insurance Corporation (FDIC) made waves within the financial industry by issuing crucial guidance permitting its regulated banks to engage in cryptocurrency-related activities without pre-approval from the agency. This shift marks a stark departure from past restrictive measures and hints at a newly embraced ethos of innovation. Acting Chairman Travis
The cryptocurrency world thrives on numbers—where every tick and fluctuation is scrutinized, analyzed, and propagated as gospel. Ethereum, once a beacon of hope for many investors, has succumbed to the gravitational pull of emotional trading and market psychology. Falling below the $2,000 mark feels more than just a numerical defeat; it represents a pervasive loss
Recently, Cronos (CRO) experienced a remarkable surge of nearly 11% in a 24-hour period, climbing briefly over the $0.11 mark before stabilizing around $0.10. This rollercoaster ride wasn’t just a response to typical market fluctuations; it was a palpable reaction to a series of explosive events surrounding Crypto.com, the parent company of CRO. For those
In the swirling chaos of global finance, Bitcoin has emerged as a beacon for those seeking refuge from traditional fiat currencies. Central to this narrative is Arthur Hayes, co-founder of BitMEX, who boldly predicts that Bitcoin could soar to a staggering $1 million. Hayes attributes this potential rise to what he calls “stealth printing”—a term
The world of cryptocurrency, particularly Bitcoin, is a high-stakes game that has captured the interest of investors, tech enthusiasts, and skeptics alike. A striking prediction from Gert van Lagen, a crypto analyst with a growing following, claims Bitcoin’s price could soar to an astonishing $260,000 during this bull cycle. This perspective injects a refreshing optimism
Ethereum’s market has recently sparked a fervor of optimism, driven largely by expert opinions highlighting its potential to overcome significant hurdles. Crypto analyst Ben Gray has put forth a bullish outlook, emphasizing that the altcoin is currently on the brink of a breakout. Yet, it must first conquer the formidable resistance at the $2,100 mark.
Dunamu, the parent company of South Korea’s premier cryptocurrency exchange, UPbit, has shattered expectations with an eye-popping 85.1% surge in operating profits for 2024. This figure, translating to 1.19 trillion won or approximately $682 million, is not merely a report of financial success; it’s a testament to the resilience and innovation of a company thriving
In a decisive move that has sent ripples through the cryptocurrency community, South Korea’s Financial Intelligence Unit (FIU) has barred access to 17 overseas crypto exchange applications on Google Play. The targeted platforms, which include household names like KuCoin and Poloniex, are accused of operating without the necessary licensing, thus shocking users who had expected
