Author: Kryptonews

Key Takeaways $526 million was liquidated from crypto markets in 24 hours, impacting more than 154,000 traders. The largest single liquidation order was $11 million on Hyperliquid’s HYPE-USD pair. Share this article Crypto markets saw around $526 million in liquidations in the past 24 hours, affecting over 154,000 traders.Long positions accounted for $372 million of the total, while short positions made up $154 million. The largest single liquidation order occurred on Hyperliquid’s HYPE-USD pair, valued at $11 million.The wave of liquidations reflected growing volatility across major crypto assets, especially Bitcoin. The digital asset experienced a short-lived rally to $90,000 today…

Trump family-backed World Liberty Financial has proposed using 5% of the project’s WLFI token treasury to grow the supply of its stablecoin USD1. The proposal was posted to the World Liberty Financial governance forum on Wednesday, with the team highlighting the importance of increasing USD1 supply to keep up with “an increasingly competitive stablecoin landscape.” The proposal outlines that the additional supply would help spread “USD1 use cases across select high-profile CeFi & DeFi partnerships,” with increased adoption helping to create more “value capture” opportunities in the WLFI ecosystem.  “As USD1 grows, more users, platforms, institutions, and chains integrate with World Liberty Financial…

Libya’s National Museum, known as As-Saraya Al-Hamra or the Red Castle Museum, has reopened in Tripoli for the first time since the 2011 revolution that ended the four-decade rule of Muammar el-Qaddafi.  The Red Castle is a symbol of Libya’s ancient, layered history, with a foundation dating to the Roman era, and significant expansions undertaken in the 1500s, 1930s, and 1980s—when the structure was first converted into a museum. The largest museum in the North African country, it closed at the onset of Libya’s military instability, which unfolded against the dramatic wave of popular protests across Southwest Asia and North Africa…

Key Takeaways:Tether led an $8 million strategic investment in Speed to scale Lightning-native, stablecoin-powered payments.Speed already processes over $1.5 billion annually and serves 1.2 million users and merchants worldwide.The deal strengthens USDT’s role in real-world Bitcoin payments, targeting merchants, creators, and enterprises.Tether is doubling down on Bitcoin-aligned infrastructure. The stablecoin giant has led an $8 million funding round into Speed, a payments company building global settlement rails using the Bitcoin Lightning Network and stablecoins. The move signals a clear push to move USDT beyond exchanges and deeper into everyday commerce.Read More: Tether to Issue $86B USDT on Bitcoin via RGB…

Caroline Pham, the acting chair of the US Commodity Futures Trading Commission, will leave the financial regulator to join MoonPay, following the Senate confirmation of her successor.In a Wednesday X post, MoonPay confirmed reports that Pham would join its team as a chief legal and administrative officer. She became acting chair in January amid the changeover in presidential administrations and has been the sole Republican commissioner at the CFTC for months, following the end of other leaders’ terms and resignations. Pham said in May that she planned to leave the CFTC following the Senate confirmation of Brian Quintenz, US President Donald…

With an any-minute-now confirmation of Mike Selig to take over the U.S. Commodity Futures Trading Commission, its stand-in chief, Caroline Pham, is closer to her longstanding plan to jump to crypto firm MoonPay.As CoinDesk reported last month, Pham was said to be planning to take on the role of chief legal officer and chief administrative officer at the company, a financial technology company focused on crypto, which just obtained a New York trust charter last month. It’s a path further confirmed by the company on Wednesday, including a statement from Pham acknowledging her transition once she’s replaced by President Donald…

There are some of the best crypto moves that occur when the majority take action. A token starts to gain traction in a steady, not a hyped manner, but due to the fact that progress and involvement are moving in the same direction. And that is what is shaping around a new DeFi Crypto being sold at a price under $0.04. Having registered a 250% growth since its initial phase, investor interest is gathering as more now evaluate the cryptocurrency to purchase against the market at large which is still picky. Presale Progress and What MUTM is Building Mutuum Finance…

The Jito Foundation, the nonprofit organization facilitating the development of the Jito platform, said it will return to the United States, citing “clearer rules” for digital assets in the country.Jito is a maximal extractable value (MEV) infrastructure builder for the Solana network. MEV refers to the profit that traders or validators can make by controlling the order, inclusion or exclusion of transactions in a blockchain block. By rearranging transactions before they are confirmed, MEV participants can capitalize on opportunities such as arbitrage or front-running to earn extra fees on transaction rewards.The Jito Foundation was forced to operate overseas due to…

Bitcoin’s (BTC) recent price weakness has revived investors’ concerns of a deeper downturn, but several market analysts argue that an extended correction may be more constructive over the longer term.Key takeaways:Analysts say Bitcoin’s downside risk is centered about $65,000 to $75,000.A potential three-day bullish divergence is forming, a setup that could align with a local bottom once momentum stabilizes.Supply rotation and oversold conditions define BTC’s current price actionCrypto trader Jackis said that the current move is a macroeconomic range for 2025, noting that even a decline to $70,000 would not resemble prior bear markets. Unlike 2022 or early 2024, the…

Prediction markets are emerging as one of the fastest-growing corners of crypto just as meme coins retreat from their recent peak, setting up a broader debate across the industry about where speculative capital is heading in 2026.The comparison gained momentum after Kalshi’s head of crypto, John Wang, described prediction markets as “the meme coins of 2023,” arguing that both capture attention during periods when traders are searching for asymmetric opportunities. JUST IN: Head of crypto at Kalshi John Wang says “prediction markets are the memecoins of 2023.” pic.twitter.com/ZtGGHBSaht— Whale Insider (@WhaleInsider) December 15, 2025 The remark landed as meme coin…