News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
Hyperliquid's platform faces scrutiny after a series of high-leverage trades raise suspicions of money laundering and illicit activities, possibly involving stolen funds or hackers.
Kaspa (KAS) has surged 15% after hitting a two-year low, supported by strong trading volume and a shift in market sentiment. If support at $0.065 holds, KAS could see further gains.
Strict U.S. regulations led to crypto airdrop restrictions, costing American users billions. With firms relocating overseas, tax losses continue to rise.
AI agents are surging in growth without the need for tokens, as free and open-source solutions dominate the market. Critics argue that tokenized AI projects often lack substance.
More than half of Ethereum holders are currently at a loss due to its price drop. Despite market struggles, trends suggest potential for recovery.
The market selloff is heavily tied to the increased correlation between equities and crypto, as crypto-friendly institutions are going more risk-off
XRP's price holds steady above $2.00 but faces ongoing challenges with declining investor participation and weak market momentum, making a recovery uncertain.
- 03:21Circle lists USDT's encounter with a run as one of the risks in its business in the S-1 documentOn April 2nd, Bloomberg analyst James Seyffart pointed out in a reposted X post that Circle indeed listed USDT's run on the bank as a risk to Circle's business in its S-1 filing. The screenshot shared in the post shows that Circle wrote in its S-1 file: "Negative developments related to USDT, or actual or perceived instability of USDT, could lead to loss of trust in other stablecoins (including those issued by Circle). Temporary price dislocations in secondary markets or a full-scale run on USDT could result in persistent redemption demands, runs on the bank, or similar price dislocations for Circle’s stablecoin in secondary markets. Although we have never encountered an inability to meet customer minting or redemption requests when such price dislocations occur with other stablecoins, inflows and outflows can be volatile and demand for minting or redeeming may be so strong that we might encounter operational difficulties meeting such demands."
- 03:10A certain whale lost 2.17 million US dollars when ACT fellAccording to Lookonchain monitoring, four months ago, a certain whale withdrew 4.58 million ACT from CEX (worth $2.49 million at the time); now, it's only worth $320,000, with a loss of $2.17 million.
- 03:09On the eve of tariff announcement, US stocks and cryptocurrency markets rebounded, as the market awaits clear policyOn April 2, as Trump's "reciprocal tariffs" approached, market sentiment underwent repeated tests before ultimately betting that a clear trade policy would help stabilize the market. The three major U.S. stock indices experienced significant intraday volatility and ended mixed: the Dow Jones edged down 0.03%, the S&P 500 rose 0.38%, and the Nasdaq gained 0.87%. Large-cap tech stocks broadly advanced, with Tesla surging over 3%. The cryptocurrency market also moved higher. Bitcoin initially dropped toward $82,000, weighed down by an early sell-off in tech stocks, but rebounded alongside equities, reaching a high of $85,579. It is now testing the $85,000 resistance level, up 2.36% in 24 hours. Other major tokens also saw gains, with Ethereum pushing toward the $2,000 mark. However, confidence in meme coins took a hit after a series of meme tokens on the BNB Chain crashed overnight. The late-session stabilization in U.S. stocks ahead of the tariff deadline suggests that markets believe Trump will not insist on policies that could severely hamper economic growth. Investors are hoping that a clear trade policy will bring stability. All eyes are now on tonight’s tariff announcement, as markets seek clarity on the policy direction, the extent of tariff increases, and whether these measures could further worsen the economic outlook.