Author: Kryptonews

Hyperliquid’s native token, HYPE (HYPE), is up 23% over the last 24 hours to trade at $33, significantly outperforming other top-cap cryptocurrencies. The altcoin has gained 58% over the last three days to an eight-week high of $34.5 as commodities trading on Hyperliquid surged to new highs.Key takeaways:HYPE has surged over 57% in 72 hours, driven by high commodities trading on Hyperliquid HIP-3 DEXs.HYPE price breaks out of a multimonth downtrend, eyeing $50 next. HYPE’s open interest jumps nearly 50%HYPE’s rally over the last few days has been accompanied by significant liquidations across its derivatives market. According to data from Coinglass,…

In a January 26, 2026 interview on Fox Business, Wood explained that a $28 billion deleveraging event triggered by a Binance software glitch on October 10 drove heavy selling pressure. Wood emphasized that most of the forced selling is now behind the market and expects Bitcoin to stabilize in the $80,000 to $90,000 range before the four-year cycle’s downside concludes and the uptrend resumes. Understanding the October Deleveraging Event Deleveraging occurs when investors or trading platforms reduce their borrowed positions, often under stressful conditions. In October, the Binance glitch caused automated liquidation of leveraged Bitcoin positions, forcing a large volume…

Banks warn stablecoins — especially those paying yield — could pull deposits out of the banking system, but policy and finance experts say there’s little evidence of that so far.Major US bank Standard Chartered recently estimated in a research note that stablecoin growth could drain bank deposits. The report estimates “that US bank deposits will decrease by one-third of stablecoin market cap,” which currently stands at $308.15 billion according to DeFiLlama data.The debate has intensified as US lawmakers weigh whether to prohibit interest on stablecoin holdings under a proposed version of the crypto market structure bill, or CLARITY Act, which has…

New York’s Guggenheim Museum has revealed the 39 works that it acquired last year, among them paintings by some of today’s most celebrated artists. There were some historical works added to the collection last year, including pieces by Freddy Rodríguez and Fanny Sanín, who were born in the Dominican Republic and Colombia, respectively. Both were included in the 2024 Venice Biennale, and both relocated to the US. But many of the works acquired are by emerging and mid-career artists whose international prominence is still growing. These artists include figures ranging from Rachel Rossin to Elle Pérez, from Claudia Alarcón to…

Bitcoin mining stocks saw a significant bump on Wednesday after the US winter storm forced some companies to wind down operations, leading to lower block competition and more profitable mining operations.Shares of several major mining companies posted double-digit gains over the past 24 hours. TeraWulf rose about 11%, Iren Limited gained roughly 14%, and Cipher Mining climbed around 13%, according to data from Barchart.The rally occurred days after the Bitcoin network’s hashrate sank to a seven-month low of 663 exahashes per second (EH/s) on Sunday, a 40% drop in two days due to a severe winter storm battering the US.…

The U.K.’s Advertising Standards Authority (ASA) on Wednesday banned a number of crypto exchange Coinbase’s (COIN) ads, saying they suggested investing in crypto could help viewers escape financial problems and misrepresented the risks of crypto investing.The ads, which were displayed in August, highlighted the financial pressures affecting some U.K. households and carried the phrase “If everything’s fine, don’t change anything” with Coinbase’s logo.“By presenting the country as failing in areas such as the cost of living and home ownership, the ads implied to consumers that they should make a financial change,” the ASA said in its ruling. “Because the ads…

Speculative capital is increasingly flowing out of cryptocurrency markets and into other emerging technologies including artificial intelligence and robotics, according to research company Delphi Digital.Last year’s underperformance of most altcoin sectors shows that crypto is no longer the “default destination” for speculative capital seeking higher-risk opportunities, wrote Delphi Digital in a Wednesday X post. “Crypto isn’t just competing with other crypto anymore. It’s competing with every exponential technology narrative vying for speculative dollars.”The trend illustrates that emerging tech opportunities may continue limiting investment into the wider cryptocurrency space, specifically from risk-hungry investors looking for the sectors with the highest risk-to-return…

The worldwide commodities industry, including gold and silver, is making notable progress, with investors positively responding to the exclusive vulnerability in the U.S. dollar. Specifically, the U.S. dollar has plunged by 11% over the past twelve months, irrespective of President Trump’s recent assurances. As per the data from Kobeissi Letter, gold has climbed by 3%while silver has seen a 9% growth in one session. This wider equity market spike signals wider optimism among asset holders. The asset owner party just keeps getting better:This is what happens when the President of the US says the US Dollar is "doing great" after…

American asset management company WisdomTree said on Wednesday that it is expanding its tokenized funds onto the Solana network as part of its “multi-chain deployment strategy.”The exchange-traded product issuer said the strategic expansion enables both institutional and retail users to “mint, trade, and hold WisdomTree’s full suite of tokenized funds on Solana, supporting the growth of on-chain offerings.”All of the company’s tokenized funds — including money market, equities, fixed income, alternatives, and asset allocation — can now be traded on Solana.WisdomTree already has a range of tokenized funds across the Ethereum, Arbitrum, Avalanche, Base and Optimism networks. “Bringing our full suite…

Opinion by: Annabelle Huang, co-founder and CEO of Altius LabsFor centuries, the world’s traders and speculators have pursued one thing above all else: alpha. Not just returns, but an edge — a structural advantage that lets them capture value before everyone else. In modern times, they’ve achieved this through speed and precision, often beating the competition by mere nanoseconds.As markets migrate to blockchain rails, however, the nature of alpha itself is shifting. Future alpha won’t come from co-locating servers next to an exchange or shaving nanoseconds off fiber routes. Rather, it will emerge from using onchain infrastructure in unique ways.High-frequency…