Hyperliquid faces a $4.2M liquidity loss after a whale’s risky Ethereum trade, leading to a rethink of leverage strategies on the platform.
Peter Macharia
U.S. job openings rose to 7.74 million in January, signaling strong labor demand despite federal layoffs under DOGE. Unemployment rate increases to 4.1%.
Bitwise launches the OWNB ETF, tracking companies holding Bitcoin on their balance sheets, providing exposure without direct Bitcoin investment.
Coinbase gains approval from India’s FIU to resume operations, with plans to launch crypto trading and investment products for Indian users.
Crypto investors turn to off-exchange trades and market makers to liquidate locked tokens and hedge against price fluctuations in 2024.
Sogni AI secures $2M to develop Supernet, a decentralized GPU network that accelerates AI-driven content creation for professionals.
El Salvador and Paraguay sign an agreement to enhance crypto regulation, targeting unlicensed operations and improving financial transparency in digital assets.
Acting SEC Chair Mark Uyeda reconsiders a rule to regulate DeFi exchanges, following industry concerns over compliance burdens and innovation impact.
Solana validators’ financial sustainability depends on commission rates, operational costs, and delegation trends, impacting decentralization.
Samson Mow predicts Bitcoin could reach $1 million by 2031, driven by U.S. support and global competition despite market volatility.