Since the U.S. Producer Price Index (PPI) report dropped, the odds of the Federal Reserve trimming the federal funds rate have taken a slight turn. September Fed Cut No Longer a Lock After PPI Shock The hotter-than-expected inflation data in the July PPI has thrown a hint of uncertainty into the equation. While traders still […] Source CryptoX Portal
Key Notes Hyperliquid recorded $29 billion daily trading volume and $7.7M daily fees. HYPE token is trading just 5% below its all-time high of $49.86. The platform holds 35% of all blockchain fee revenue. Decentralized derivatives trading platform, Hyperliquid HYPE $46.16 24h volatility: 2.8% Market cap: $15.48 B Vol. 24h: $507.36 M , has just recorded a historic 24-hour trading volume of $29 billion, generating $7.7 million in daily fees. This aligns with the surge in platform’s total value locked (TVL), nearly doubling in four months to $610 million. The…
The Bitcoin and Ethereum prices have crashed significantly in the last 24 hours. This follows developments on the macro end, which have sparked a bearish sentiment among investors, leading to a wave of sell-offs. Why Bitcoin and Ethereum Prices Are Crashing CoinMarketCap data shows that the Bitcoin and Ethereum prices are crashing, down over 3% and 2%, respectively, in the last 24 hours. This crash is partly thanks to U.S. Treasury Secretary Scott Bessent’s statement about the proposed Strategic Bitcoin Reserve. In a Fox Business Interview, he said that the…
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Key Notes WiseLink led a $10M raise for Top Win with a $2M convertible debt investment. Top Win will buy Bitcoin and rebrand to AsiaStrategy after merging with Sora Ventures. WiseLink chose debt for protection and the option to convert to shares later. A Taiwan-listed firm has taken an unusual step into the world of Bitcoin reserves. WiseLink has become the main backer in a $10 million funding effort for Top Win International, a Hong Kong luxury watch seller now moving into digital assets. This marks the first known case…
Key takeaways Airlines and travel agencies, including Emirates, Air Arabia, Travala and Alternative Airlines, now support cryptocurrency payments for bookings, targeting tech-savvy travelers and digital nomads. Travelers can pay with Bitcoin, Ether, stablecoins and other digital assets via checkout or gift cards, depending on the platform. The UAE’s initiatives, such as Dubai’s Virtual Assets Regulatory Authority (VARA), could help expand crypto-powered services like flight tickets and loyalty programs. Travelers should monitor exchange rates, choose regulated platforms and maintain transaction records for a smooth booking experience. The United Arab Emirates has…
Key Notes American Bitcoin is reportedly considering some strategic acquisitions in Japan and Hong Kong. Those familiar with the matter say it is exploring “accretive opportunities” in other markets to bring BTC to these areas. Hong Kong and Japan have introduced policies that encourage such acquisitions. American Bitcoin, a Bitcoin BTC $117 275 24h volatility: 0.7% Market cap: $2.34 T Vol. 24h: $50.26 B mining company backed by Eric Trump and Donald Trump Jr., is reportedly exploring strategic acquisitions in Asia, focusing on Japan and Hong Kong. According to some…
While most cryptocurrencies saw steep declines amid a $1.05 billion liquidation wave, Cardano (ADA) stood out as the only top-50 asset in the green. Related Reading Despite an 11% dip after topping $1.00 for the first time since March, ADA quickly recovered, hovering between $0.89 and $0.91 and signaling strong buyer support on dips. The resilience came even as Bitcoin retreated from its $124,128 all-time high to the $118K–$119K zone and broader macroeconomic pressures weighed on risk assets. Analysts believe ADA’s ability to maintain momentum despite market turbulence strengthens its…
Just 13 days remain before the TOKEN6900 ($T6900) presale closes, and for anyone who has witnessed SPX6900’s meteoric 59,000,000% run from its launch to its current price of $1.56, the clock is ticking. Branded as $SPX’s unhinged sequel, complete with one extra token in supply for “objective superiority,” $T6900 sticks to pure meme chaos without pretending to offer utility. With the presale priced at $0.006975 and $2M+ already raised, demand is building fast, with the next stage of price hike fast approaching. The question now is simple: can TOKEN6900 ($T6900)…
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