Gold Drops To One-Week Low As Hawkish Central Banks Weigh On Safe-Haven Demand
Switzerland’s Crypto Valley reached $593 billion in valuation with 17 unicorns in 2024, capturing 29% of European blockchain funding and showing significant growth. Crypto Valley surpassed the $593 billion valuation mark, showcasing the growth trajectory of the European blockchain industry in 2024. The Switzerland-based blockchain ecosystem, which includes 50 projects, recorded a more than 55%…
Hyperliquid HIP-3 market just crossed $2B in open interest, and the number itself is almost beside the point. The detail most headlines are missing is what’s actually driving it: seven of Hyperliquid’s top ten markets by volume are now tokenized equities or commodity futures, not crypto pairs. This isn’t a DeFi platform doing DeFi things….
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Chinese local governments quietly sold off seized crypto using private firms via offshore exchanges, converting proceeds into yuan despite a national trading ban. Over US$400M in assets were liquidated through vendors like Shenzhen-based Jiafenxiang for cities such as Xuzhou and Taizhou, amid unclear regulations. Lawyers urged the central bank to take control, warning the legal…
Last week, bulls needed to hold closes above $85,000 to stave off the bears, and they managed to do just that. Bitcoin price dropped to support once again last week, and the bulls defended it well, pushing the price back up to close the week out at $88,656. The price on the weekly chart has…
XRP price has surged past the $2.6 mark this week, fueled by strong market momentum and broader cryptocurrency gains. The token’s impressive weekend rally has solidified a bullish trend, capturing significant attention from investors and analysts alike. Many speculate that this price pattern could trigger a massive rally reminiscent of XRP’s historic 5,600% surge in…