The global population of crypto millionaires has reached 241,700, up 40% in the past year, according to the Crypto Wealth Report 2025 by Henley & Partners. The surge coincides with a broader rally that lifted total digital asset market capitalization to $3.3 trillion in June, a 45% increase year-on-year, the report, featuring data from global … Read more
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
By Omkar Godbole (All times ET unless indicated otherwise) BTC$113,057.98 rebounded from Asian session lows of $111,000 to $112,800, repeating a pattern seen on Tuesday. However, the token remains below its 50- and 100-day simple moving averages (SMAs), with liquidity analysis and retail crowd sentiment signaling a potential for a deeper pullback. The CoinDesk 20 … Read more
Volatility in shiba inu’s (SHIB) dollar-denominated price has plummeted, while the token continues to lose ground against its peer, dogecoin DOGE$0.2782. SHIB’s 90-day realized volatility has dropped to an annualized 64%, the lowest since December 2023, according to data source TradingView. Realized volatility measures how much an asset’s price has actually fluctuated over a specific … Read more
BNB, the token that powers the BNB Chain and can be used for fee discounts on leading exchange Binance, has crossed $1,000 for the first time ever amid a wider crypto market rise. The token jumped 4.5% over the last 24-hour period, climbing from $956.80 to a $1,004 all-time high and pushing its market cap … Read more
21Shares is launching two new crypto exchange-traded products (ETPs), bringing its total offerings in Europe to 50 ETPs. The new listings include the 21Shares Artificial Superintelligence Alliance ETP (AFET), which tracks a group of decentralized AI protocols, including Fetch.ai, SingularityNET, Ocean Protocol, and CUDOS, and the 21Shares Raydium ETP (ARAY). ARAY offers exposure to Solana-based … Read more
The CoinShares Bitcoin Mining ETF (WGMI) rose 12% to a record $33.13 on Tuesday as Nebius Group’s $17.4 billion agreement to supply GPUs to Microsoft boosted crypto mining and AI-related stocks across the board The exchange-traded fund is now 44% higher year-to-date and has surpassed its market debut level of around $30. The top two … Read more
Asset prices reflected a buoyant mood on Wednesday, with bitcoin BTC$112,342.29 reclaiming $112,000 and European stocks rising at the open, as analysts increasingly downplayed fears of stagflation and recession triggered by horrible U.S. jobs data. On Tuesday, the U.S. Bureau of Labor Statistics published a shocking update: The economy likely added 911,000 fewer jobs than originally … Read more
Bitcoin’s illiquid supply—the portion of coins held by entities with little history of spending—has climbed to a new record high, surpassing 14.3 million BTC in late August, according to Glassnode. With 19.9 million BTC currently in circulation, around 72% of the total supply is now illiquid, held by entities such as long-term holders and cold … Read more
Stablecoins like USDt have become the de facto currency for millions of people navigating a crumbling financial system in Venezuela as the country’s annual inflation rate surges to 229%. Once limited to crypto-savvy users, Tether’s USDt (USDT), often referred to locally as “Binance dollars,” is now widely used across Venezuela for everything from groceries and … Read more