Author: boss

HYPE Accumulation Intensifies As Whale-Linked Position Surpasses $100M

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HYPE is showing remarkable strength as it approaches all-time highs — a performance that stands in sharp contrast to the broader market, facing selling pressure and uncertainty. While most assets have been retreating, Hyperliquid’s native token has been moving in the opposite direction, drawing attention from the most closely watched category of participants in the digital asset space. Related Reading Data from Arkham Intelligence has revealed that a whale wallet linked to Andreessen Horowitz — the legendary Silicon Valley venture capital firm known as a16z, which manages one of the…

Hyperliquid ETF Volumes Rise 50% Due to Well-Timed Launches

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US-based exchange-traded funds tied to HYPE recorded a 50% trading volume jump on Wednesday, in a rare move for newly debuted ETFs, according to analysts.  Two Hyperliquid (HYPE) ETFs from issuers Bitwise and 21Shares have recorded nearly $41 million in total value traded since their launches earlier this month, with trading volumes increasing since their debuts, according to SoSoValue. Bloomberg ETF analyst Eric Balchunas said in an X post Wednesday that such trading increases for ETFs are “very rare,” and many normally record a “big splash [on] day one then…

Map Protocol Loses 96% After Quadrillion Token Exploit

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MAPO, the native token of the Map Protocol, fell 96% on Wednesday after an exploit of the Butter Network cross-chain bridge, which allowed an attacker to mint a quadrillion MAPO tokens. The malicious mint was tens of thousands of times larger than the legitimate supply of tokens, sending the value of MAPO from around $0.003 to $0.0001 in a matter of hours, according to CoinGecko.  The attacker used a new externally-owned account (EOA) to dump around a billion MAPO tokens, draining about 52 ETH, worth about $180,000, from Uniswap liquidity…

Dogecoin ETFs Wake Up With Strongest Inflows Since January

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Dogecoin spot ETFs are showing a clear pickup in May inflows, with SoSoValue data pointing to $2.15 million in net additions so far this month and no recorded outflow day in the period shown. The numbers remain small in absolute ETF-market terms, but they mark the strongest monthly inflow total for DOGE products since January and suggest that demand has reappeared after several quieter months. The May data gives DOGE ETF bulls a cleaner talking point than in prior months: inflows have returned, the monthly total has already reached $2.15…

Capital Inflows Data Explains The Shift

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XRP is struggling below resistance as selling pressure weighs on a price that has retreated from the $1.45 level that briefly offered hope of a sustained recovery. The market is cautious, and an Arab Chain report tracking institutional accumulation behavior has identified a shift in large investor activity that provides a specific on-chain explanation for why the current weakness has been difficult to arrest. Related Reading The institutional accumulation indicator for XRP on Binance has dropped to approximately -0.0059, returning to negative territory after a period of meaningful improvement through…

SpaceX Unveils Larger-Than-Expected Bitcoin Stash

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Elon Musk’s aerospace company SpaceX reported holding 18,712 Bitcoin worth $1.45 billion in a recent filing, over 10,000 coins more than blockchain tracking firms had estimated.  In the company’s S-1 registration statement, filed as part of its bid to become a public company on June 12, SpaceX revealed it purchased Bitcoin (BTC) at an average of $35,320 per coin. Its reported holdings would make it the seventh-largest among public companies. SpaceX’s Bitcoin holdings as of Dec. 31, 2025. Source: SEC SpaceX is poised to become the biggest IPO in capital…

Italy Traces €1 Million in Undeclared Bitcoin Ordinals Gains

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Key Takeaways Investigators linked Ordinals trading to more than €1 million in undeclared crypto-related gains. Exchange identity records helped connect pseudonymous wallet activity to verified individuals. The case highlighted how authorities can trace emerging bitcoin-based assets tied to undeclared taxable income. Italian Crypto Tax Investigation Focused on Ordinals Trading Italian financial investigators traced more than €1 million ($1.16 million) in undeclared crypto-related gains through a Bitcoin Ordinals trading operation, Chainalysis said on May 20. The case centered on a suspect accused of concealing digital asset income while also unlawfully receiving…

Jain Lays Out The Bull Case

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Multicoin Capital co-founder Tushar Jain said the firm’s recent investment in Zcash was driven by a convergence of stronger market traction, improving infrastructure and a broader return to crypto’s privacy roots. Speaking on the latest Bankless podcast released May 19, Jain argued that Zcash has moved from a “left for dead” asset into a credible private store-of-value contender. Jain said Multicoin had watched Zcash for years without being convinced. The asset, in his view, had long suffered from weak attention, poor usability and limited evidence that privacy demand could translate…

Crypto Access To Banks In Focus After Trump’s New Executive Order

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Wyoming’s special purpose depository institutions — companies built around crypto — could soon have a path to something they’ve long been denied: a Federal Reserve master account. A new executive order signed by US President Donald Trump puts that possibility on the table, along with a broader push to open up the US banking system to crypto and financial technology companies. Related Reading The Fed’s Role Under Scrutiny The order calls on the Federal Reserve’s Board of Governors to weigh whether uninsured depository institutions and non-bank financial companies that deal…

Bitcoin Coinbase Premium Drop Hints At Critical Pivot For BTC

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Bitcoin (BTC) demand on Coinbase points to early signs of market stabilization as BTC reclaimed the upper bounds of its range highs. The 14-day trend of the Coinbase Premium Index has remained in an uptrend, suggesting steady buyer interest despite traders taking $1.14 billion in profits, which pushed the daily Coinbase premium to a six-week low.  Coinbase demand stabilizes amid negative readings The Coinbase Premium Index dropped to -0.087 on May 19, its weakest reading since March 31. A negative premium means Bitcoin traded at a lower price on Coinbase…