The whale locked in $33 million worth of profit from Ether long opened last week, after selling $2.6 billion worth of Bitcoin held for over seven years.
Bitcoin slipped to its weakest level in more than a month after a major investor began unloading thousands of coins in favor of Ethereum. Data from CryptoSlate show the asset trading at roughly $111,600 on Monday, down nearly 3% in a single day and its lowest mark since early July. The sell-off erased gains from […]
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Canary files for an American-Made Crypto ETF, a spot fund holding only U.S.-invented coins, aiming to offer simple, regulated access through a stock exchange. The filing focuses on domestically created digital assets to align with U.S. innovation and investor interest. If approved, investors could buy a basket of U.S.-origin cryptocurrencies via regular brokerage accounts, without …
Grayscale Investments has filed an SEC S-1 to launch the Grayscale Avalanche Trust (AVAX), aiming to list its shares on Nasdaq. The Trust would hold AVAX and track its market price, offering regulated access through traditional brokerage accounts. If approved, it could expand investor exposure to Avalanche via an exchange-listed vehicle. The filing follows ongoing …
In August 2025, Pi will release approximately 160 million tokens. This large token supply without high demand negatively impacted, as it plummeted to $0.38. Now, Pi is ready to unlock approximately 116 million tokens in September. This is a part of Pi’s larger unlocking, which will continue to December 2025. Pi to Unlock 116 Million …
BitMEX co-founder and crypto-legend Arthur Hayes used the main stage at Tokyo’s WebX 2025 to unveil a blunt, numbers-first valuation case for Hyperliquid’s HYPE token. On a slide headed “Hyperliquid: 126x Upside,” Hayes’ family office Maelstrom modeled how an accelerating stablecoin economy could reprice the decentralized perps exchange dramatically higher. Why HYPE Could Be The Best Crypto Bet The slide’s premise was explicit: “Stablecoin Expansion To Boost Annualized Fees To $258B,” with a 0.03% net trading-fee assumption, a 5% discount rate, and a “Terminal Value of HYPE Rev” of $5.161 trillion versus a current fully diluted valuation near $41.05 billion—yielding an “Upside Potential 126X.” In his talk, Hayes told the audience he expects HYPE “to 126x over the next three years.” The timing of the forecast coincides with a burst of on-chain and trading-venue milestones for Hyperliquid. According to data highlighted during and around the event, Hyperliquid open positions hit a record 196,462 on Sunday, open interest climbed above $15 billion, total wallet equity peaked near $31 billion, and Sunday volume set a high around $19.46 billion for weekends, per DefiLlama. Related Reading: Lummis Fast-Tracks Crypto Market Structure Bill To Reach Trump’s Desk Before Thanksgiving A research note from Redstone last week argued the venue has, within two years, captured “over 75% of the entire decentralized perpetual exchange market,” challenging dYdX and, at times, approximating Binance volumes on select pairs. Hayes’ 126x case rests on a macro-to-micro bridge: a world where stablecoin float expands to roughly $10 trillion by 2028, Hyperliquid’s share of average daily volume reaches 26.4%, and that activity translates into $258 billion of annualized fees for the protocol. The geometry of the model is what matters: if volumes and fees scale with the stablecoin base and if HYPE continues to be the instrument that reflexively captures protocol economics, the implied terminal value dwarfs the token’s present FDV. Those inputs, assumptions, and outputs were all printed on the Maelstrom slide on stage in Tokyo. Related Reading: Crypto Analyst Reveals Key Altcoins To Watch Right Now Crucially, Hayes has been backing the thesis with capital. On August 15, on-chain sleuth Lookonchain flagged that Arthur Hayes bought more HYPE, LDO, and ENA, detailing cumulative five-day purchases that included 58,631 HYPE alongside 1,750 ETH, 3.1 million ENA, 1.29 million LDO, 184,610 PENDLE, and 420,000 ETHFI (about $15.9 million in total at reported valuations). The structural backdrop helps explain why a stablecoin-led model resonates for Hyperliquid. The exchange is a decentralized venue for perpetual futures, letting traders take leveraged exposure without expiry; it runs on its own L1 and has seen sustained growth in both open interest and fee generation in 2025. Hayes has talked up HYPE before—publicly floating a nearer-term $100 price marker back in May—yet Monday’s deck was his most explicit attempt to tie a 2028 outcome to quantifiable drivers. Whether the path requires a $10 trillion stablecoin base and a quarter-share of decentralized perps ADV is the crux of the debate. But the mechanism he emphasized—fee throughput scaling with stablecoin adoption, captured in token value—matches how many analysts already frame HYPE’s design, where protocol revenues and buybacks link the token to venue performance. At press time, HYPE traded at $45.84. Featured image created with DALL.E, chart from TradingView.com
XRP price failed to decisively break above the $3 psychological resistance in the past week, but most analysts are confident about a breakout soon.
Galaxy Digital, Multicoin Capital, and Jump Crypto are seeking about $1 billion to assemble a Solana treasury through a public company vehicle, according to Bloomberg, with Cantor Fitzgerald engaged as lead banker and a takeover of a listed entity contemplated for the structure. The effort, described as ongoing talks, would create what the report characterizes […]
The post Wall Street giants plot $1 billion Solana treasury set to close in weeks shaking market appeared first on CryptoSlate.
Ethereum is the crypto world’s favorite right now. And the predictions are getting more and more interesting by the day. Real Vision CEO Raoul Pal shared his outlook on X, saying: “My general thesis for the full cycle is ETH outperforms BTC. SOL outperforms ETH and SUI outperforms SOL due to where they all are …
Bitcoin dives to multi-week lows, and as talk of all-time highs vanishes, BTC price targets include a retest of $100,000 and under.
Fund managers are pivoting to leveraged meme coins and active strategies as an October approval timeline nears.
Bitcoin and Ethereum started the week under pressure, with BTC slipping below $113K and ETH holding near $4,700. While crypto has its own momentum, traders are closely watching three US economic signals that could sway prices in the coming days. Meanwhile, on-chain analysis by Santiment has flagged rising market euphoria around potential Fed rate cuts, …
This Bitcoin bull run has sparked a huge debate in the crypto world. Do the traditional four-year cycle patterns still apply or have the rules changed? Many experts argue that this time is different. Among them is David Bailey, a Bitcoin advocate and Trump adviser, who suggests the current cycle may be entering a whole …
Arthur Hayes, the former CEO and co-founder of BitMEX, has once again turned heads in the crypto world, this time with a bold forecast for HYPE, the native token of Hyperliquid. Speaking at the WebX event in Tokyo, Hayes predicted the token could rise nearly 126x from today’s price of $45 and touch $5,670 within …
The trader claimed to have outperformed MEXC’s external market makers and been sidelined for being “too profitable.”
Kato's remarks come amid concerns over Japan's high debt-to-GDP ratio and the potential for financial repression and yen depreciation.
Japan’s SBI Group has entered into a strategic partnership with Chainlink to accelerate blockchain adoption, digital asset growth, and tokenization across Japan and the broader Asia-Pacific region. The collaboration, announced on Aug. 24, combines SBI’s financial market expertise with Chainlink’s widely used infrastructure for data, interoperability, and institutional-grade DeFi applications. Driving tokenization The initiative is […]
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Digital asset treasuries have become all the rage recently, with many firms copying the strategy popularized by Michael Saylor's bitcoin (BTC) holding firm Strategy.
The firms plan to acquire a publicly traded company and convert it into a Solana treasury firm, with the deal expected to close in early September.
Crypto giants Galaxy, Multicoin and Jump are seeking to raise $1 billion for a Solana treasury, with Cantor Fitzgerald as their lead banker.
Binance Australia has been given 28 days to appoint an external auditor following allegations of serious gaps in AML controls.
The Federal Reserve has once again left markets scratching their heads. Just weeks after Fed Chair Jerome Powell sounded firmly hawkish, he now hints at something unthinkable, abandoning the long-standing 2% inflation target. This has shaken global markets so much that almost $1 trillion in value disappeared in a single day. Now, traders are struggling …
Galaxy Digital, Multicoin Capital, and Jump Crypto are reportedly courting investors to raise about $1 billion to buy Solana (SOL), aiming to build the largest dedicated SOL treasury. Cantor Fitzgerald is said to be the lead banker, signaling institutional appetite and a potential liquidity jolt for Solana. If finalized, the fund could accelerate strategic accumulation …
Cardano founder Charles Hoskinson has broken his silence on a potential collaboration with Ripple. In his latest Ask Me Anything (AMA) session on YouTube, Hoskinson revealed that he met with Ripple CEO Brad Garlinghouse and had a “great” conversation. Could this be the inception of a new partnership? Hoskinson’s Step Towards XRP & Ripple Cardano …
Solana is holding its dominance in decentralized finance with a striking performance in July. Reports indicate that DEX activity on its network hit $124 billion during the month, extending a winning streak against Ethereum to 10 straight months. Analysts say this gives Solana a 40% edge over its rival in this segment, signaling a clear shift in user behavior. Related Reading: Ether Soars In August—But Will September Spoil The Party? Shift To Solana Picks Up Speed Reports have disclosed a sharp rise in new projects choosing Solana. Alliance DAO data show that more than 40% of founders in the first half of 2025 picked Solana, up from 25% a year earlier. That change is being linked to Solana’s ability to run large numbers of transactions quickly and at low cost, which makes it attractive to teams building performance-focused DeFi apps. This week in data by @SolanaFloor: Solana outpaced Ethereum in DEX trading volume for the 10th consecutive month, reaching $124B in July, 42% higher than Ethereum. pic.twitter.com/TT0nb8wrtm — Solana (@solana) August 23, 2025 Developers say they want speed and predictable fees. Solana offers both. The move by creators is not trivial; it reshapes where new liquidity and smart-contract work gets built. Solana’s DEX volumes have not just grown; they have been sustained. For 10 straight months Solana has outpaced Ethereum on that metric. That streak is unusual. It shows trading activity and automated market makers on Solana are busy. Onlookers point out that higher DEX throughput can draw more users, and more users can bring more developers. A feedback loop can form. Technical Signals Based on reports, SOL is trading above the $205 zone after a recent breakout. The 20-day SMA sits near $191 and is being watched as short-term support. Market indicators are cited as positive. The MACD is showing green movement bars, which some traders interpret as upward momentum. $SOL is on a one-way ticket to the moon. ???? After a brutal drop, Solana has found its footing and is riding a perfect uptrend channel. The path to $300 is wide open pic.twitter.com/vR4HdL272O — ???????????????????????? ???????????????????????? (@Karman_1s) August 24, 2025 Analysts have set nearby resistance points at $215, $228, and $240. Kamran Asghar is among those forecasting a longer-term target of $300 if current trends persist. At the same time, Ethereum has been volatile: it fell below $4,800 and briefly swung from about $4,940 down to under $4,720 within hours, a move that underscored how choppy markets remain. This was echoed by crypto analyst Ali on X, suggesting his bearish opinion as the market changed in sentiment. IT’S SO OVER! $ETH pic.twitter.com/atcQbHhMJi — Ali (@ali_charts) August 24, 2025 Related Reading: Bitcoin’s Next Stop For 2025? $175,000, According To SOL Strategies Boss Solana’s gains are happening while Ethereum handles continued institutional demand and holds leadership in other measures. That contrast suggests the market is fragmenting in where different types of activity concentrate — DEX volume on one chain, institutional flows on another. The shift of new projects toward Solana is being framed as a practical response to throughput limits rather than as a wholesale rejection of Ethereum. Featured image from Equiti, chart from TradingView
Crypto liquidations reached $806.44 million in the past 24 hours, wiping out leveraged positions at a scale not seen in weeks. The liquidation cascade followed a steep drawdown in prices: Bitcoin fell from an opening level of $114,163 to a close near $111,931, with intraday extremes stretching from $114,373 down to $110,802. Ethereum mirrored this […]
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VeChain price is trading at $0.02597 after a 4.08% daily gain and 10.39% weekly rise. It is gaining traction as supply-side constraints and institutional moves boost confidence. Its market cap has risen to $2.23 billion with trading volume spiking 201.67% to $152.3 million in mere 24 hours. Wondering where the fuel came from? The rally …
Modeled after oil, maple syrup, and grain reserves, the proposed Strategic Bitcoin Reserve positions BTC as a sovereign asset alongside traditional stockpiles.
XRP is holding strong momentum after briefly touching $3.09 on August 23 before consolidating near $3.02. The move, backed by unusually high institutional trading volumes, has analysts watching the $3.30 resistance level as the key to unlock ambitious $5–$8 targets. XRP Flips BlackRock The standout moment came as XRP’s market cap hit $179 billion, overtaking …
Rumors about football superstar Cristiano Ronaldo launching his own memecoin called “CR7” have flooded social media and crypto forums in recent days. This story has caught the attention of Ronaldo fans, crypto traders, and celebrity token speculators worldwide. Where Did This Claim Come From? The claim that Ronaldo is directly launching a CR7 memecoin started …