Hyperliquid’s very own stablecoin USDHL, developed by Native Markets, debuted Wednesday, generating over $2 million in early volume. As of writing, the Hyperliquid-listed USDH/USDC pair traded at 1.001, with a total trading volume of 2,244,932.79 USDC. Last week, the Hyperliquid validator community selected Native Markets to receive the USDH ticker following a lengthy bidding war … Read more
Societe Generale-FORGE (SG-FORGE), the cryptocurrency-focused subsidiary of the French bank, has chosen the European arm of crypto exchange Bullish as the first venue to list the lender’s USD CoinVertible (USDCV) stablecoin. The dollar-denominated USDCV stablecoin, which SG Forge introduced on Ethereum and Solana back in June of this year, will list on Bullish Europe, the … Read more
Wall Street bank Citi (C) has raised its price target on Bullish (BLSH), the owner of CoinDesk, to $70 from $66 after the crypto exchange’s second quarter results came in slightly ahead of expectations. The long-anticipated NYDFS BitLicense approval removes a key regulatory overhang, strengthening investor confidence heading into FY 2026, Citi said. But the … Read more
The first exchange-traded funds (ETFs) offering exposure to XRP and dogecoin DOGE$0.2861 started trading in the U.S. on Thursday. Products offered by Rex Shares and Osprey Funds listed on the Cboe BZX exchange under the tickers DOJE and XRPR and follow Rex-Osprey Solana ETF, which debuted in July. DOJE was recently trading at $26.90 and … Read more
Gemini Space Station, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, surged in its Nasdaq debut Friday after raising $425 million in an initial public offering. The company priced its IPO late Thursday at $28 a share, valuing Gemini at about $3.3 billion before trading began. That price was above the revised $24 to … Read more
When BlackRock’s iShares Bitcoin Trust (IBIT) options went live on Nov. 19, trading activity exploded, reaching over $2 billion in volume on day one. Around the same time, Strategy’s (MSTR) multiple to net asset value (mNAV), calculated by dividing its enterprise value by its bitcoin BTC$110,827.57 NAV, hit a cycle peak of 3.141 on Nov … Read more
American Bitcoin (ABTC), a newly public bitcoin mining and treasury firm backed by Donald Trump Jr. and Eric Trump, opened for trade Wednesday morning after completing its merger with Gryphon Digital Mining (GRYP). Wasting little time, the company filed for an at-the-market equity raise of up to $2.1 billion with which to continue building its … Read more
American Bitcoin, the bitcoin BTC$112,897.81 miner 20% owned by two of President Donald Trump’s sons, plans to list on the Nasdaq in September, said Asher Genoot, the CEO of Hut 8, which owns the other 80%. The firm is finalizing a merger with Gryphon Digital Mining that will clear the way for its public debut, … Read more
Ark Invest said it bought more than 2.5 million shares of crypto platform Bullish (BLSH) on the day of the company’s explosive debut on the New York Stock Exchange, securing a stake valued at more than $170 million by the end of the day. Shares of the company, which owns CoinDesk, surged to as high … Read more
Samsung Galaxy M17 5G has reportedly been spotted on a certification site, and the listing reveals some of the features and specifications of the purported smartphone. We now have a better idea about the chipset, RAM and display details of the Galaxy M17 5G. The handset will likely launch as the Samsung Galaxy F17 5G … Read more