Category: Altcoin
Ethena USDe Recovers After Brief Price Drop on Binance
Ethena Labs confirmed that its USDe synthetic stablecoin remained fully backed and operational despite a sudden price drop to $0.65 on Binance. The localized decline Read more…
Litecoin Holds $51 Support as Open Interest Surges
Litecoin (LTC) has successfully defended a crucial support level at $51 despite experiencing market volatility. Over the same period, open interest in derivative contracts for Read more…
Sui Holds $0.71 Support as Technical Indicators Signal Rebound
Layer-1 blockchain token Sui (SUI) is holding above its key $0.71 support level after a period of price consolidation. Technical analysts point to a Tom Read more…
Bitwise to Close and Liquidate Dogecoin ETF Next Month
Cryptocurrency asset manager Bitwise announced plans to close and liquidate the Bitwise Dogecoin ETF (BWOW). The firm notified NYSE Arca that shares will cease trading Read more…
Hyperliquid Open Interest Hits $14.3B as HYPE Surges
Decentralized perpetual trading platform Hyperliquid recorded a major milestone as total open interest rebounded to $14.3 billion, nearing its previous all-time peak. The surge in Read more…
Hyperliquid Treasury Expands Stock Sale Ceiling to $2.5B
Hyperliquid Strategies Inc. has amended its equity financing agreement with Chardan, increasing its potential fundraising capacity from $1.0 billion to $2.5 billion. The Nasdaq-listed company, Read more…
Thai Businessmen Sue Tether Over $42.4M USDT Asset Freeze
Two Thai businessmen have filed a federal lawsuit against cryptocurrency firm Tether in New York. The legal challenge claims Tether illegally froze roughly $42.4 million Read more…
Robinhood Chain DEX Trading Volume Surges Past $900 Million
Decentralized exchanges on the Robinhood Chain have reached a significant milestone, recording a 24-hour trading volume above $900 million. Data shared by crypto analyst Adam Read more…
Bitmine Buys 32,447 ETH, Raising Total Treasury to $14.9B
Bitmine Immersion Technologies has purchased an additional 32,447 Ether (ETH), bringing its total crypto, cash, and investment portfolio to nearly $14.9 billion. The company now Read more…
Ethena Whale Transfer of $1.5M Tests ENA Rally to $0.25
Ethena (ENA) experienced significant market movement as a large-scale token holder transferred approximately $1.5 million worth of ENA to a major cryptocurrency exchange. The sudden Read more…
