Author: Kryptonews
In brief Hyperliquid’s HYPE token is down double digits over the weekend and another 7.4% today. Whales selling ahead of HYPE’s token unlock and profit-taking are key reasons for the recent drop, experts suggest. As competition heats up among decentralized exchanges, DEX tokens such as Aster, STBL, and Avantis have surged over the weekend. Hyperliquid’s HYPE token is on its fourth consecutive day of a downtrend, while recently launched decentralized exchange tokens have more than doubled over the weekend.“There’s definitely been an attention shift over the past few days,” Illia Otychenko, lead analyst at CEX.IO told Decrypt, as decentralized exchange…
Ethereum price retraced sharply as surging liquidations, whale selling, and a shift in market sentiment pushed the crypto market into fear territory. Summary Ethereum dropped below $4,200, down 6.8% in 24 hours, with volume surging 124% to $32.5B. Derivatives activity spiked, but open interest fell as $495M in positions were liquidated. Technicals show ETH testing support near $4,160, with resistance at $4,400–$4,500. As of this writing, Ethereum is down 6.8% over the past day, trading at $4,173. With a 7-day range of $4,206 to $4,659, the asset has lost 10% over the last week and 12% over the last 30…
Key NotesThe broader crypto market correction triggers a major Bitcoin and altcoins crash with ETH, XRP, BNB, SOL, and DOGE dropping 6–10%.Analysts warn of a deeper correction ahead, with $2 billion in BTC long liquidations likely between $106K–$108K and potential downside risk toward $100K.Ethereum led in liquidations at $483 million, while DOGE plunged nearly 11% below $0.24. A massive sell-off has swept across the broader crypto market, with Bitcoin BTC $112 574 24h volatility: 2.6% Market cap: $2.24 T Vol. 24h: $47.02 B and altcoins crashing, leading to more than $1.7 billion in liquidations. BTC price has crashed under $113,000,…
Argentina has once again reached a breaking point, and the central bank has intervened to prop up a plunging peso despite new libertarian reforms. The crisis marks a sharp turn for those who briefly saw hope in President Javier Milei’s pro-market promises.Milei: the libertarian wave faltersWhen Javier Milei assumed power, he made headlines for floating the peso and pledging to end Argentina’s monetary woes through radical economic liberty.Milei was even cheered by some Bitcoin advocates, who believed his ideals might mark a historic break from Argentina’s long pattern of inflation and monetary mismanagement. With his rhetorical attacks on central banks,…
Real-world assets (RWA) focused project Midas and Interop Labs unveiled mXRP, an attempt to channel dormant XRP supply into yield-bearing structures the could deliver returns as high as 8%.Announced at XRPL Seoul 2025 on Monday and pitched as the first liquid-staking product tied directly to the XRP ecosystem, the product is minted on XRPL’s EVM through audited contracts. XRP is bridged in and wrapped under Midas’ tokenized certificate framework. MXRP can be used as a structured vehicle that users can slot into existing decentralized finance (DeFi) infrastructure, with early strategies including market-making and liquidity provisioning.Targeted net returns are set in…
Crypto prices tumbled hard during Asian trading hours, wiping out nearly 4% of the market’s capitalization in a single session.Bitcoin drove the downturn, falling by more than $4,000 in the past day to hover near $112,000 at press time, according to CryptoSlate’s data.Meanwhile, the decline was not limited to BTC as Ethereum slid 7% to $4,163, while XRP lost over 6% to trade around $2.82.Other large-cap tokens, including Solana, Dogecoin, and BNB, also registered more than 6% declines during the same window.The broad downturn marked the first major correction after weeks of steady gains that had driven digital assets to…
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The Aster perpetuals exchange on BNB Chain is attracting strong attention in the decentralized trading sector. Here we break down what Aster is, how it works, and why it matters.What is Aster?Aster is a decentralized perpetual DEX built on the BNB Chain network. The protocol is designed to serve both new and experienced traders in its two modes for trading. Aster’s goal is to build DeFi infrastructure that is fast, flexible, and community-driven. By that, the protocol wants to bring together the speed of centralized platforms with the transparency and security of DeFi.What is Aster – Ember (BD, Aster)The platform…
The Ronin Treasury is looking to buy back over $4 million worth of RON tokens from the open market in a bid to reduce the circulating supply of the token, which could push up prices. The gaming-focused blockchain Ronin Network announced on Sunday that it will begin swapping all of its Ether (ETH) and USDC (USDC) holdings for RON over the course of a month, starting on Sept. 29.The buybacks will increase the amount of Ronin (RON) in the treasury and decrease the amount of Ronin tokens in circulation. There are currently 693 million out of a total 1 billion…
Arthur Hayes has sold more than 96,000 HYPE tokens on Sunday for $4.8 million, according to Hypurrscan. Lookonchain reported that he made $823,000 in profit on the trade. “Need to pay my deposit on the new Rari 849 Testarossa,” said Hayes on Sunday. Ferrari unveiled the new plug-in hybrid in Milan this month, and the 1,036-horsepower supercar is expected to go on sale starting at $540,000 for the coupe. Need to pay my deposit on the new Rari 849 Testarossa https://t.co/PX7Hx0FuK9 — Arthur Hayes (@CryptoHayes) September 21, 2025 HYPE Has Doubled This Year The token dumped around 12% from just over…
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