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Hyperliquid beats Ethereum in trading volume in days as big money rotates, FalconX says

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Hyperliquid (HYPE) has emerged as one of the most liquid trading venues in the crypto market and is attracting increasing interest from hedge funds and institutional investors as capital rotates away from bitcoin and ether, according to Joshua Lim, global head of markets at FalconX. The decentralized derivatives exchange, which launched its HYPE token last […]

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US Sanctions Nobitex, Other Iranian Crypto Exchanges Amid Ongoing War

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The US Treasury Department blacklisted several Iranian crypto exchanges, including its largest platform Nobitex, on Tuesday as part of its ongoing campaign against the Iranian government. The Treasury’s Office of Foreign Asset Control announced that Nobitex, Wallex, Bitpin and Ramzinex, as well as some of these exchanges’ managers, were added to its global Specially Designated

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BTC May Face Deeper Losses As Capital Chases AI Stocks, K33 Says

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Bitcoin BTC$67,364.17 falling to $67,000 could signal a challenging summer ahead as investor capital continues to flow into artificial intelligence (AI) stocks and away from crypto. In a Tuesday report, K33 Research head Vetle Lunde said bitcoin’s weakness reflects fading institutional demand, strong ETF outflows and growing vulnerabilities in derivatives markets. “Much of the market

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Coinbase (COIN) backs Athena (ENA) ahead of launch of savings products for 100 million users

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Coinbase Ventures, the investment arm of crypto exchange Coinbase (COIN), said it had backed Athena (ENA), buying the protocol’s token on the open market as the two firms prepare to launch a new onchain savings product for the exchange’s more than 100 million users. Athena announced on Tuesday that it was partnering with Coinbase to

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Galaxy enters institutional prediction markets with $10 million Arca trade

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Galaxy Digital (GLXY) said on Tuesday it had launched over-the-counter (OTC) prediction market trading for institutional investors, becoming one of the first major digital asset firms to offer large-scale access to event-driven markets through a bilateral trading framework. The Nasdaq-listed company said the new service, offered through its global market trading desk, will allow hedge

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Tom Lee predicts ETH to hit $250,000 as corporate validators take control of network

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The cryptocurrency market is looking at the wrong signals, and a massive shift in how the world’s financial networks work is quietly happening behind the scenes. In a keynote speech at the Proof of Talk conference in Paris, Tom Lee, head of research at Fundstrat and chairman of Bitmine Immersion Technologies (BMNR), told his audience

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Gary Vaynerchuk says AI is creating the biggest opportunity ever for entrepreneurs

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Latest developments: Vaynerchuk said companies should approach AI with curiosity rather than fear as the technology reshapes industries. He compared the current AI moment to the early Internet era and argued that many companies risk underestimating the shift. Vaynerchuk said organizations that resist tools like AI-generated content and automation risk disrupting more than those that

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Titan Network hits 4 million devices on its crowdsourced AI computing network

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The cost of running artificial intelligence hardware has opened up an unexpected way for AI companies to cut costs while allowing individuals to monetize their home technology, according to Titan Network. The internet infrastructure company said its software pools unused computing resources and rents it out as a “decentralized cloud” to AI companies, which pay

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