Hyperliquid, a decentralized exchange, faced a big problem when the price of meme coin JELLYJELLY suddenly jumped by 500%. It looked like someone was manipulating the market, putting the exchange at risk of losing $12 million. But before things got worse, Hyperliquid’s team stepped in, fixed the issue, and turned the loss into a $700K…
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OpenAI expects to more than triple its revenue this year to $12.7 billion, despite fast-growing competition from the likes of China’s DeepSeek and other competitors making rapid progress. The ChatGPT creators also expect its revenue target for 2025 to more than double to $29.4 billion by 2026, Bloomberg reported on March 26, citing a person…
The Husky Inu presale continued to attract investor attention as it climbed to $734,000. The presale has been a resounding success thanks to the unprecedented interest generated by the project and is closing in on its next milestone of $750,000. It is on track to meet its stated goal of $1.2 million. Meanwhile, Dogecoin (DOGE)…
Google Cloud has become an official validator for Injective, a decentralized finance (DeFi) blockchain. This announcement was made on Wednesday. By joining Injective, Google Cloud will work alongside other validators like Deutsche Telekom MMS. Their role is to secure the Injective network, validate transactions, and support decentralization. Google Cloud brings advanced infrastructure and expertise to…
Key Points: JELLYJELLY delisted from Hyperliquid, HYPE token drops 12% amid industry reactions. Market anticipates further implications on decentralization debates. Potential lasting impact on Hyperliquid’s operational strategy and user trust. Arthur Hayes, co-founder of BitMEX, criticized Hyperliquid’s delisting of the JELLYJELLY token on social media. The delisting occurred amid concerns regarding Hyperliquid’s decentralization claims, and…
IBIT ETF shows a $42.03 million daily inflow, holding a 2.90% Bitcoin market share. Bitcoin’s daily price drops 1.87%, reflecting broader ETF market struggles. BTC ETF faces limited inflows, with $1.12 billion on March 25, 2025. In a recent SoSoValue update as of March 25, 2025, the total daily net inflow stands at $26.83 million,…
In a decisive move, the U.S. Senate has rolled back a contentious tax regulation that threatened the cryptocurrency market. During a late-night vote on Wednesday, 70 senators supported the repeal, while 28 were opposed. This regulation, which was imposed by the IRS, required decentralized finance (DeFi) platforms to operate under traditional securities broker rules, significantly…
SUI has broken the wedge and is now trying to move towards $2.99. If a breakout occurs above $2.50, the price could rally another 25% throughout April. Technical indicators corroborate all the bullish steps as momentum increases. The SUI chart shows the recent formation of a falling wedge on its daily scale, with imminent breakout…
The U.S. Senate has successfully overturned a controversial tax regulation that was anticipated to negatively impact the cryptocurrency market before the Trump administration. In a late Wednesday vote, 70 senators endorsed the repeal, while 28 opposed it. The IRS rule that has now been rescinded imposed requirements on decentralized finance (DeFi) platforms to act like…
Victoria, Seychelles, 26th March 2025 – Bitget, the leading global cryptocurrency exchange, is set to accelerate its presence in the motorsport world as the official sponsor of Driver Flávio Sampaio for the Porsche Cup Brasil 2025. The partnership, which kicks off with the season’s opening race in April 2025, symbolizes the convergence of the on-going…
According to breaking news, GameStop (GME) has proposed a $1.3 billion private offering of convertible senior notes to fund general corporate purposes, including Bitcoin purchases. The five-year convertible notes will be issued with a 0% coupon rate, according to a press release. In addition, the offering includes an underwriter greenshoe option for up to $200…
In 2025, the meme coin market is showing massive signs of growth. While virality remains part of the appeal, investors are beginning to prioritize fundamentals. The focus is shifting from short-lived hype to tokens with lasting value, stronger mechanics, and community-driven ecosystems. Projects that balance cultural relevance with real utility are gaining traction. In this…
Hyperliquid has seen over $340 million in USDC outflows following a controversy surrounding JELLY, a token that surged 429% before being delisted. According to data from blockchain analytics firm Parsec, the latest outflows happened within hours of the JELLY liquidation event, echoing a similar $300 million outflows seen during a previous Bitcoin (BTC) whale liquidation…
Blockchain infrastructure provider Ripple Labs has integrated a new data platform to provide oracle services for its decentralized, public blockchain XRP Ledger (XRPL). According to a press release shared with CryptoPotato, this oracle services provider is named Lumina and is built on the open-source financial data platform DIA (Decentralized Information Asset). Unveiling DIA’s Oracle Services…
Industry expert Rob Cunningham examines potential impact of 20 XRP ETFs. Collective institutional holdings could reach 4 billion XRP, about 6.9% of circulating supply. ChatGPT analyzes how ETF approvals might trigger similar market dynamics to Bitcoin’s ETF rally. The cryptocurrency market is buzzing with speculation following the U.S. Securities and Exchange Commission’s acknowledgment of 19b-4…
The U.S. Congress is moving forward with efforts to regulate the cryptocurrency industry, with a particular focus on stablecoins. A new stablecoin bill has been introduced in the House of Representatives, building on previous legislative efforts. This bill aims to provide clearer guidelines on how companies can issue dollar-denominated digital tokens and set the stage…
GameStop (GME) plans to raise $1.3 billion to purchase Bitcoin through a private offering of convertible senior notes, the company announced Wednesday. The move follows in the footsteps of Michael Saylor’s Strategy and will allow the gaming retailer to begin funding its efforts to invest in the leading cryptocurrency. “GameStop expects to use the net…
The cryptocurrency market is entering what could be a “crypto golden era” comparable to the tech boom of the early 2000s, according to analyst Dan Gambardello. By examining historical market patterns and overlaying them with current conditions, Gambardello identifies parallels between Amazon’s trajectory following the dot-com crash and today’s cryptocurrency market, particularly for altcoins. Amazon’s…
According to a latest Bloomberg report, President Trump announced a 25% tariff on all non-U.S. manufactured cars, effective April 3. This tariff, added to the existing 2.5%, aims to boost U.S. manufacturing. Cars built in the U.S. will be exempt, and automotive parts complying with the U.S.-Mexico-Canada Agreement (USMCA) will also be exempt. “What we’re…