Polymarket's revenue growth highlights the potential for sustainable income in prediction markets, challenging zero-fee models like Hyperliquid's.
The post Polymarket surpasses Hyperliquid in fees over past 24 hours appeared first on Crypto Briefing.
Inflation risks could undermine the S&P 500 rally, affecting investor sentiment, corporate margins, and interest rate expectations.
The post S&P 500 rally faces pressure as Wall Street warns of inflation risks appeared first on Crypto Briefing.
Bitcoin’s bearish momentum hit hardest on the technical charts, with the cryptocurrency breaking below all major exponential moving averages by early Monday. Trading around $76,750, it sat well beneath the 20-hour EMA at $77,580, the 50-hour at $78,120, the 100-hour at $78,767, and the 200-hour at $79,350. MACD indicators reinforced the downside pressure, with the line at negative 359, the signal at negative 243, and the histogram at negative 116. Related Reading: XRP Will Go ‘Higher, Much Higher,’ Analyst Says, Betting On Explosive Breakout Geopolitical Shock Hits An Already Weakened Market The slide began Sunday night after US President Donald Trump posted a pointed warning to Iran on Truth Social: “For Iran, the Clock is Ticking, and they better get moving, FAST, or there won’t be anything left of them. TIME IS OF THE ESSENCE!” Trump wrote, following stalled diplomatic talks and a call with Israeli Prime Minister Benjamin Netanyahu. The post immediately rattled financial markets. Oil prices climbed. The US dollar strengthened. Investors pulled back from riskier assets — and Bitcoin was among the first to feel it. By early Monday, Bitcoin was trading at roughly $76,780, down about 1.55% over the prior 24 hours, according to Coingecko data. The day’s range ran from a low near $76,680 to a high of $78,530. Trading volume surpassed $24 billion. The drop erased approximately $33 billion from Bitcoin’s market capitalization in a matter of hours. ETF Outflows Had Already Set The Stage The Iran headlines landed on a market that was already under pressure. US spot Bitcoin ETFs recorded a record single-day net withdrawal of $635 million on May 13 — the largest outflow since late January. That figure contributed to a total of $1 billion leaving ETF funds over the course of the week, snapping a six-week inflow streak. Additional redemptions followed in subsequent sessions, pointing to fading institutional appetite after a period of strong buying. Broader conditions made things worse. Sticky inflation figures — both PPI and CPI — weighed on sentiment. Rising Treasury yields added to the pressure. Thin weekend trading liquidity amplified every move. Bitcoin had pushed toward the $80,000 to $82,000 range earlier in May, buoyed by optimism around the Clarity Act. But repeated failures to break through resistance left the market exposed. Profit-taking set in. Related Reading: Warren Zeroes In On Crypto Deal Structure As $75M Loan Draws Attention Support And Resistance In Focus Traders are now watching two key zones closely. Resistance sits between $79,000 and $82,000. Downside support is clustered around $74,000 to $76,000. A relief bounce remains possible if geopolitical tensions ease — oversold conditions could attract buyers. But if the US-Iran standoff deepens or oil prices keep climbing, analysts say the selling pressure is unlikely to let up quickly. Featured image from Atta Kenare/AFP via Getty Images|Charly Triballeau/AFP via Getty Images, chart from TradingView
Potential US-Iran oil sanctions relief could impact global oil markets, influence inflation, and affect crypto market dynamics and regulations.
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The European fintech giant is launching a physical debit card that lets users spend the popular meme coin anywhere Visa and Mastercard are accepted with zero extra exchange fees.
Mike Novogratz' Galaxy Digital said the approval expands its regulatory footprint to more than 50 licenses worldwide.
OpenAI and Dell partnership enables Codex's on-premises AI deployment, enhancing security and broadening enterprise workflows.
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Bitwise will hold HYPE from Hyperliquid ETF fees as HYPE funds pass $5.6M in inflows after 21Shares and BHYP launches.
The post Bitwise to hold HYPE from ETF fees as Hyperliquid funds top $5.6 million in inflows appeared first on Crypto Briefing.
Bitcoin dropped to the crucial $76,000 support level while large-cap altcoins sold off sharply. Do technical charts suggest that traders will buy the dip?
India's tightened silver import rules could stabilize the rupee but may disrupt domestic industries reliant on silver, affecting economic growth.
The post India tightens silver import rules to defend rupee amid energy shock appeared first on Crypto Briefing.
AEON's funding to develop AI-driven payment infrastructure could revolutionize commerce by enabling autonomous transactions without human input.
The post AEON raises $8M led by YZi Labs to build AI settlement layer appeared first on Crypto Briefing.
The ruling underscores the importance of timely legal action and may influence future corporate governance and investment strategies.
The post Elon Musk loses case against OpenAI, Sam Altman after jury finds claims filed too late appeared first on Crypto Briefing.
The legal battle between Elon Musk and OpenAI has ended in a win for the company he co-founded, following a jury decision.
Minnesota-based banking institutions and credit unions will be authorized to provide digital asset custody services in a nonfiduciary capacity as of Aug. 1.
Stripe-backed Tempo adds Morphos lending marketplace as the stablecoin payments chain expands into DeFi yield and borrowing.
The post Stripe-linked Tempo brings Morpho lending markets to its payments chain appeared first on Crypto Briefing.
Wall Street and payment giants are quietly taking over Solana, moving billions onto the network for tokenized funds and global payments even as the broader crypto market cools down, according to a new report by Messari.
The turnover comes as the foundation undergoes an internal transition tied to a new organizational mandate aimed at redefining its role within Ethereum.
The proposed waiver could influence global energy markets, impact inflation, and affect geopolitical dynamics, especially with Russia.
The post US proposes temporary waiver on Iran oil sanctions as nuclear talks continue appeared first on Crypto Briefing.
The merger could reshape the energy sector, aligning utility giants with AI-driven demand, but faces regulatory scrutiny and market shifts.
The post NextEra Energy agrees to acquire Dominion Energy for $67B in largest utility merger ever appeared first on Crypto Briefing.
The card will be usable anywhere Visa and Mastercard are accepted, and will first roll out firm in the UK and EEA.
Heightened U.S.-Iran tensions could disrupt global oil supply chains, impacting market stability and increasing geopolitical risks.
The post CENTCOM redirects 85 vessels amid US-Iran tensions in Strait of Hormuz appeared first on Crypto Briefing.
Wall Street giant Goldman Sachs has made a notable shift in its crypto-related exchange-traded (ETF) fund positions, according to a recent filing submitted to the US Securities and Exchange Commission (SEC). The update shows the firm exiting XRP- and Solana (SOL)-linked ETF exposure, while also trimming its Ethereum (ETH) ETF holdings. At the same time, the filing shows it opened a new position tied to one of the largest decentralized exchanges (DEXs). Goldman Sachs Exits XRP And Solana ETFs The story starts with Goldman’s XRP ETF exposure going into the end of Q4 2025. At that point, the bank held nearly $154 million worth of XRP-related ETFs from issuers including Bitwise, Franklin Templeton, Grayscale, and 21Shares. Those holdings made Goldman Sachs one of the largest institutional holders of XRP ETF products at the time. The latest SEC disclosure, however, shows that its XRP ETF positions were removed entirely, reflecting a full exit during the first quarter. Related Reading: Hyperliquid (HYPE) To $100? Expert Forecasts Major Rise Before Summer 2027 A similar change appears with Solana-linked products. Goldman Sachs had previously disclosed that it held exposure across multiple Solana investment products, including the Grayscale Solana Trust ETF, the Bitwise Solana Staking ETF, and the Fidelity Solana Fund. However, just like XRP, those Solana-related ETF positions also disappeared in Goldman’s Q1 filing. In other words, Goldman fully exited both XRP- and Solana-linked ETF holdings by the first quarter of 2026, with no remaining trace of those positions in the updated portfolio disclosure. Even with these exits, Goldman Sachs did not leave the crypto ETF space entirely. The firm still held roughly $700 million in Bitcoin ETFs. Still, its posture toward Ethereum was more cautious: Goldman cut its Ethereum ETF exposure by about 70%, bringing the total down to approximately $114 million. New Bet On Hyperliquid What makes the change more interesting is that Goldman Sachs appears to be redeploying at least some of that capital into other parts of the crypto market. Alongside the ETF reductions and exits, the bank opened a new position tied to Hyperliquid (HYPE). According to the filing, Goldman acquired roughly 654,630 shares of Hyperliquid Strategies (PURR), valued at about $3.3 million. Related Reading: Zcash (ZEC) Rockets 1,200%—Expert Says ZEC Could Soon Outgrow Cardano (ADA) Beyond Hyperliquid, Goldman Sachs’ trading activity also shows a new wave of exposure across several crypto-linked equities. The bank increased positions in Circle (CRCL), Galaxy (GLXY), and Coinbase (COIN) shares. At the time of writing, Hyperliquid’s native token, HYPE, was trading at around $45. It has been one of the best-performing tokens over the past month, with gains of 10% in the last two weeks alone. Featured image created with OpenArt, chart from TradingView.com
Heightened US-Iran tensions could hinder diplomatic efforts, destabilize regional peace prospects, and impact global markets and alliances.
The post Trump hints at further US military action against Iran amid ongoing conflict appeared first on Crypto Briefing.
Ethereum co-founder Vitalik Buterin has published a detailed argument that AI-assisted formal verification could fundamentally change how secure software is built, pushing back against growing pessimism in the cybersecurity community about whether trustless systems can survive increasingly powerful AI-driven attacks. “Many people have claimed that with AI-assisted bug finding, secure code will be impossible,” Buterin …
The ongoing blockade exacerbates U.S.-Iran tensions, hindering diplomatic progress and impacting global shipping and economic stability.
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DefiLlama’s RWA category data puts the RWA tokenization market near $30 billion on-chain, with only $2.47 billion appearing as DeFi active TVL, the value actually deposited or pooled inside third-party DeFi protocols the platform tracks. The rest of the tokenized real-world assets market sits outside the lending markets and collateral vaults that make crypto assets […]
The post The $30 billion RWA tokenization boom is barely reaching DeFi appeared first on CryptoSlate.
The G-7 meeting highlights the urgent need for coordinated economic strategies to address global imbalances and reduce reliance on China.
The post G-7 finance chiefs meet in Paris as debt-market selloff intensifies appeared first on Crypto Briefing.
Pendle's strategy could attract more traders, potentially increasing liquidity and market depth, but also poses risks of reward dilution and token volatility.
The post Pendle boosts limit order incentives to 200% APR for YT holders appeared first on Crypto Briefing.
The partnership enhances liquidity and efficiency in tokenized assets, potentially transforming DeFi markets by reducing settlement delays.
The post Centrifuge partners with Grove Basin for 24/7 liquidity for JTRSY appeared first on Crypto Briefing.
At Hederacon, an official side event to Consensus 2026 in Miami, Ted from LIFTT Capital was asked one question about XRP and his answer was three words. ‘World Bridge Currency,’ he said. Ted’s explanation starts with a simple observation about where the financial world currently sits. PayPal, Cash App, and every major payment platform operate …