24/7 Blockchain industry dynamics and breaking crypto news
On-chain data reveals a whale transferred 37,390 HYPE tokens worth $2.03 million to KuCoin. Just one hour earlier, the same address moved $290,000 in USDC to another exchange. These consecutive transfers are drawing attention to major holder activity.
Read MoreGrayscale Investments has withdrawn its ETF registration applications for Cardano, Hedera, and Polkadot trusts, according to recent SEC filings. This move raises questions about regulatory hurdles and the firm's evolving crypto product strategy.
Read MoreThe Bank of Japan's latest meeting minutes reveal a significant hawkish pivot. Policymakers are increasingly worried about inflation overshooting its target, shifting focus from achieving to containing price growth. Internal discussions suggest a potentially faster and larger tightening cycle than markets expect, with consensus building to move policy rates toward the neutral range of 1.1%-2.5%.
Read MoreNYSE President Lynn Martin confirmed the exchange is building an on-chain settlement platform for tokenized securities and has joined a DTCC pilot program. This move signifies a major step by traditional finance to integrate blockchain into core infrastructure, aiming to enhance efficiency and transparency in securities settlement.
Read MoreOn-chain data suggests tokenized stock platform xStocks has secured multiple US stock product codes on Hyperliquid, with trading pairs registered. This move could see Hyperliquid expand into tokenized equity trading, integrating crypto spot, perps, prediction markets, and stocks into a unified DeFi hub.
Read MoreMassive AI capital spending is creating a rare divergence between stocks and bonds. While equity investors fret over cash burn, bonds financing AI infrastructure are emerging as attractive assets, offering solid yields from high-quality issuers. This signals a broader repricing within tech capital structures.
Read MoreCrypto asset manager Empery Digital has sold 1,635 BTC over the past month, cashing out approximately $102.2 million. Its total Bitcoin holdings have dropped sharply to 1,279 BTC, with the majority locked as loan collateral. The move raises questions about the firm's liquidity and strategic shifts.
Read MoreChinese crypto investor Harry Yeh was found dead after falling from the 30th floor of a Paraguay high-rise, his nude body covered by a black plastic bag. Police discovered his residences on floors 27 and 30 in disarray and are investigating potential accident, suicide, or third-party involvement.
Read MoreRNC Chairwoman predicts Republicans will retain control of both the House and Senate after the midterm elections, citing a favorable map where they need to win just 6 of 18 competitive seats to maintain their House majority.
Read MoreSouth Korea's financial watchdog reports 394 cryptocurrencies delisted from won-based exchanges from 2022 to May 2024, with project risk being the leading cause. This reflects intensified regulatory scrutiny to protect investors.
Read MoreThe Qianwen Open Platform launched on August 10, enabling ecosystem partners and developers to integrate services across mobile, PC, and AI glasses. Initial coverage spans logistics, real estate, lifestyle, finance, and automotive sectors, allowing users to access end-to-end services via conversational commands.
Read MoreLeading South Korean exchange Upbit announced the listing of six new altcoins—CYS, ICNT, XAN, EDEN, AIOZ, and ALLO—for trading against BTC and USDT. Trading begins at 14:00 local time on August 10th, expanding investment options on the platform.
Read MoreOn-chain data reveals a newly created wallet deposited $3.56M USDC and opened a $14.3M leveraged long position on Monero (XMR) with 4x leverage. The whale set clear take-profit orders targeting $475-$516, signaling strong bullish conviction.
Read MoreAn Academy Securities strategist argues the US inflation focus has shifted from rapid price increases to persistently high prices. Real-time data shows Truflation significantly lower than official CPI and core PCE, suggesting policy may be based on lagging indicators. This could lead to misjudging current price pressures and interest rate decisions.
Read MoreA South Korean ruling party lawmaker plans to propose a bill delaying the taxation of virtual asset income from 2027 to 2030. The move aims to allow a comprehensive system review, stabilize investor expectations, and is seen as a political effort amid market volatility. Current rules impose a 22% tax on annual profits over 2.5 million won.
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