Bitcoin Surges Past Resistance as Uptober Momentum Grows Bitcoin surged over 4.5% to exceed $118,000, signaling a strong return to bullish sentiment after the volatility of September’s trading. The influence of seasonal factors, especially the traditionally robust performance seen in October, has been pivotal in rekindling investor enthusiasm within the cryptocurrency markets. Compass Point Research…
Sui Gains Momentum With Turbos Finance Boosting User Participation Turbos Finance is quickly changing decentralized finance with new features that are meant to bring in users and increase liquidity. The platform’s main goal is to reward people who are active, which will help Sui’s blockchain ecosystem grow. By adding to strategic pools, liquidity providers can…
Polkadot Community Shows Early Enthusiasm A big proposal for how to run Polkadot has gotten a lot of attention from the community. Bryan Chen, one of the founders of Acala, recently came up with a plan to launch pUSD, an algorithmic stablecoin backed by DOT that is meant to make Polkadot’s finances more independent. Voting…
Record-Breaking Valuation in Sight Tether Holdings SA is pursuing a fundraising round that could value the company at $500 billion. The stablecoin issuer is in talks with investors to secure $15–$20 billion through a private placement. The proposed valuation would elevate Tether into the same league as technology leaders like SpaceX and OpenAI. Market analysts…
Tether Expands Into U.S. Markets Tether, the issuer of the world’s largest stablecoin, has officially entered the U.S. market with two major announcements. The company is launching a new U.S.-regulated token called USAT and appointing former White House advisor Bo Hines as CEO of its U.S. operations. These moves highlight Tether’s renewed focus on regulatory…
Circle Expands Into Hyperliquid Ecosystem Circle has officially launched native USDC on Hyperliquid’s smart contract layer, HyperEVM, reinforcing its role as a key stablecoin provider. The deployment marks the first step in enabling direct deposits into Hyperliquid’s spot and perpetuals exchange. Alongside this move, Circle also confirmed its investment in HYPE tokens, the network’s native…
JPMorgan Flags Rising Stablecoin Rivalry JPMorgan analysts are warning that Circle’s dominance with its USDC stablecoin is under pressure from emerging competitors. Tether is preparing to roll out a new U.S.-compliant token, while Hyperliquid and fintech giants like Robinhood and Revolut are exploring launches of their own. Analysts argue that this wave of new entrants…
Hyperliquid Extends Recovery After Record Highs Hyperliquid (HYPE) is regaining strength this week, trading above $55 after pulling back from last week’s peak of $57.40. The token’s recovery comes amid surging network adoption, improved revenues, and bullish sentiment around stablecoin integration. Analysts highlight that HYPE’s ability to rebound quickly reflects strong investor demand. The midweek…
Circle Launches USDC and CCTP V2 on Hyperliquid Circle has officially expanded into the Hyperliquid ecosystem with the launch of native USDC and CCTP V2 on HyperEVM. This move brings the world’s most liquid and trusted stablecoin directly to Hyperliquid, enabling seamless cross-chain transfers and interoperability. In the coming weeks, support will extend to HyperCore,…
Native Markets Leads on Polymarket Odds According to Polymarket, Native Markets is the frontrunner to win control of Hyperliquid’s USDH stablecoin, with bettors giving it 92% odds. These are the highest odds so far, cementing the project’s position as the likely winner. The market confidence signals strong validator backing ahead of Sunday’s vote. Traders see…
