Hyperliquid’s $7.5B airdrop marks shift from centralized token listings
16 Jan 2025
117 Views

The decentralized launch of the Hyperliquid (HYPE) token may usher in a “new era” for onchain fair launch cryptocurrencies following some disappointing token launch events on centralized exchanges. After staging the most valuable airdrop in crypto history, the Hyperliquid token came into the spotlight for its decentralized distribution, which excluded venture capital (VC) firms and early investors. During…

Solana, XRP ETFs may attract billions in new investment — JPMorgan
15 Jan 2025
107 Views

Emerging cryptocurrency-based exchange-traded products (ETPs) may attract significant new investment if approved, according to banking giant JPMorgan. More investors are betting on the approval of the first spot Solana and spot XRP exchange-traded funds (ETFs) with expectations of a more innovation-friendly regulatory regime in the US after President-elect Donald Trump’s inauguration on Jan. 20. In a Jan. 13…

Tether will relocate HQ to El Salvador after securing license
14 Jan 2025
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Stablecoin issuer Tether announced that it would move the company and its subsidiaries to El Salvador after it had secured an operating license in the Latin American nation. In a Jan. 13 notice, Tether said it had acquired a license to operate in El Salvador as a digital asset service provider and stablecoin issuer. The company said…

Bitcoin exchange reserves near 7-year low as hedge funds buy the dip
14 Jan 2025
78 Views

Crypto investors are eying a potential supply shock as Bitcoin reserves sink to a near seven-year low amid continued institutional buying. Bitcoin reserves across all cryptocurrency exchanges fell to 2.35 million BTC as of Jan. 13, which marked a near seven-year low not seen since June 2018, when Bitcoin was trading just above $7,000, CryptoQuant…

Web3 entrepreneurs are buying cars, homes and real-world investments without selling — Here’s how
10 Jan 2025
111 Views

Swiping your phone to pay for a latte with Bitcoin might make you feel like a futuristic barista whisperer, but try closing on a luxury condo with that same wallet, and you’ll immediately see the cracks. While crypto’s buying you plenty of cappuccinos, snagging a six-bedroom villa or a brand-new sports car isn’t exactly a…

MiCA can attract more crypto investment despite overregulation concerns
07 Jan 2025
159 Views

Europe’s Markets in Crypto-Assets Regulation (MiCA) is being hailed as a significant step forward for the cryptocurrency industry despite concerns about potential overregulation during its initial rollout. MiCA is the world’s first comprehensive regulatory crypto framework, which went into full effect for crypto-asset service providers on Dec. 30. While concerns regarding regulatory overreach persist, the…