Meet James Wynn, the pseudonymous trader on Hyperliquid who became famous for his $1 billion bitcoin short bet, could now be gaining a new kind of fame: as crypto’s own “Inverse Cramer.” For those unfamiliar with the Cramer lore: he’s the high-octane, loud-money mascot of CNBC’s Mad Money, a former hedge fund manager turned stock […]
XRP, used by Ripple to facilitate cross-border transactions, ended May with signs of indecision. Still, activity on the dominant crypto options exchange, Deribit, suggests that bulls aren’t ready to back down yet. The payments-focused cryptocurrency formed a “doji” with a long upper shadow in May, a classic sign of indecision in the market, according to […]
Ethereum (ETH) faced renewed downside pressure in late trading, tumbling below the $2,500 level as selling volume surged and broader risk sentiment weakened. Global trade tensions and renewed U.S. tariff risks have triggered risk-off flows, with digital assets increasingly mirroring traditional markets in their reaction to geopolitical uncertainty. On-chain data revealed sizable inflows to centralized […]
Solana (SOL) remains under pressure as macroeconomic headwinds—particularly renewed tariff concerns — rattle investor confidence. The token is now hovering around $154.50 after establishing a tight trading range between $152.33 and $158.06, reflecting a 3.76% swing in the past 24 hours, according to CoinDesk Research’s technical analysis data model. Although higher lows had previously suggested […]
Global economic tensions and trade policy uncertainties continue to influence cryptocurrency markets as Bitcoin recovers from a recent correction. Despite the pullback, institutional interest remains strong with firms like Strategy (formerly MicroStrategy) and GameStop adding BTC to their corporate treasuries. Technical Analysis Highlights The 24-hour period shows a clear bottoming pattern with strong volume support […]
The cryptocurrency market is navigating choppy waters amid escalating geopolitical tensions, with Bitcoin Cash (BCH) showing resilience despite broader market pressure. BCH recently demonstrated strong technical performance, forming a V-shaped recovery after testing critical support at $391.656, with substantial buying volume establishing a high-volume support level. This comes as the global cryptocurrency market faces headwinds […]
James Wynn, the trader whose risky moves on Hyperliquid captivated crypto watchers this month, has been fully liquidated. He ended a volatile month with just $23 left in his account, according to HyperDash data. Wynn built his reputation and following by placing massive, leveraged on-chain trades across bitcoin BTC, PEPE PEPE, and other tokens. His […]
The cryptocurrency market faces mounting pressure as global economic tensions escalate, with Uniswap (UNI) experiencing dramatic price swings reflecting broader market uncertainty. UNI’s recent 10.9% price range demonstrates how geopolitical factors are directly influencing digital asset valuations, as traders navigate between risk-off sentiment and opportunistic positioning. Despite challenging conditions, Uniswap has shown resilience by breaking […]
Brazilian fintech Méliuz (CASH3), which serves over 30 million users in the country, is launching a public share offering to raise up to R$450 million ($78 million), with plans to allocate all proceeds to purchasing bitcoin BTC. The offering, announced Friday in a securities filing, consists of an initial issuance of 17 million common shares, […]
A senior Democrat in the House of Representatives, Jamie Raskin, joined his name to lawmakers seeking answers about President Donald Trump’s recent dinner for top investors in his memecoin, sending questions directly to Trump. Raskin, the ranking Democrat on the House Judiciary Committee, has been a vocal critic of the president and becomes the latest […]
The FTX Recovery Trust will begin distributing over $5 billion in cash and stablecoins to creditors starting on Friday, with funds expected to land in accounts within the next three business days via BitGo and Kraken. And there’s a chance this wave of repayments will help lift the crypto market, analysts at Coinbase wrote in […]
The federal judge overseeing Roman Storm’s prosecution declined to order the Department of Justice to review its records for any materials it might have missed that would help the Tornado Cash developer at the end of a 30-minute hearing Friday morning, though she told the government it should not have any disclosure issues. Judge Katherine […]