Decentralized crypto trading platforms MetaMask and Infinex are now offering perpetual futures through integrations with Hyperliquid, competing with their centralized counterparts in the booming crypto perps market. MetaMask’s integration with Hyperliquid went live on Wednesday, allowing users to access Hyperliquid’s decentralized perpetual swaps exchange directly through MetaMask’s wallet. MetaMask stated that the “major milestone” brings it one step closer to becoming an all-in-one, self-custodial trading platform, as it seeks to capture market share from centralized exchanges that have dominated the crypto perpetuals market. “By embedding the Hyperliquid engine directly into…
Category: Bitcoin News
Fireblocks Expands Regulated Crypto Custody Network
Fireblocks Trust Company, a New York State-regulated custodian under the Fireblocks platform, has partnered with Galaxy, Bakkt, FalconX and Castle Island to expand institutional-grade crypto custody. Operating under New York Department of Financial Services (NYDFS) oversight, the company is rolling out a custody framework to meet soaring institutional demand for regulated digital asset infrastructure spanning ETFs, digital asset treasuries (DATs) and token launches, according to a Wednesday announcement. “Regulatory compliance and security are non-negotiable,” said Matt Walsh, founding partner at Castle Island. “Fireblocks Trust Company delivers on both fronts with…
Ethereum DATs Are The Next Berkshire Hathaway: Joe Lubin
Inspired by Michael Saylor’s Bitcoin playbook, Joseph Lubin believes Ethereum treasury companies could provide outsized returns on yield and investment opportunities to their Bitcoin counterparts. Speaking exclusively to Cointelegraph at Token2049 in Singapore, the Ethereum co-founder unpacked his thesis for why Ether (ETH) digital asset treasuries (DATs) present superior opportunities to the Bitcoin (BTC) treasury movement popularized by Saylor’s Strategy Bitcoin play. “I’d much rather have something that potentially has more impact. It certainly is as solid as Bitcoin, and I would argue more solid because of the functionality and…
Crypto Traders Make Millions, Zhao Calls BNB Meme Season
Cryptocurrency traders made millions of dollars on small-cap memecoins on the BNB Chain over the past week, signaling a renewed wave of speculative capital fueling the current market cycle. Among the most profitable investors is trader “0xd0a2,” who turned an initial investment of $3,500 into $7.9 million, generating a 2,260-fold return in three days, according to blockchain intelligence platform Lookonchain. Trader “hexiecs” turned a $360,000 investment into over $5.5 million by investing in the recently launched “4” memecoin, which went parabolic after an X post from Binance co-founder and former…
Forward Industries Launches Solana Validator With $1.6B Staked
Publicly-traded Solana treasury company Forward Industries launched its first institutional-grade validator node on the Solana blockchain as part of its broader strategy to deepen its role within the Solana ecosystem. The company announced the launch on Tuesday, saying that the validator runs on DoubleZero’s fiber network, which powers the validator and uses Jump Crypto’s Firedancer client, a new independent Solana validator client. Kyle Samani, chairman of the board of Forward Industries, said the move allows them to fortify Solana’s resiliency and help ensure that it remains “the standard for institutional…
YZi Labs Launches $1B BNB Fund As Token Rallies To New ATHs
YZi Labs, a venture capital firm founded by Binance co-founder Changpeng “CZ” Zhao, is launching a $1 billion fund for founders in the BNB ecosystem amid the token skyrocketing to all-time highs. YZi Labs announced Wednesday a $1 billion Builder Fund to double down on founders in the BNB (BNB) ecosystem, particularly on the BNB Chain. “BNB ecosystem represents the next phase of digital infrastructure, where decentralization, on-chain scalability converges with security and real distribution,” YZi Labs head Ella Zhang said. The fund’s launch came shortly after BNB, the native…
Trump Memecoin Issuer Seeks $200M Treasury as Token Falls 90%
The startup behind US President Donald Trump’s official memecoin is seeking to raise at least $200 million to build a digital-asset treasury aimed at buying back the token, which has collapsed about 90% from its peak. Fight Fight Fight LLC, led by Trump ally and longtime promoter Bill Zanker, is spearheading the effort, Bloomberg reported on Wednesday, citing people familiar with the matter. The funding target could reach as high as $1 billion, although the deal remains in its early stages and may not materialize. The move marked the latest…
Where Will Bitcoin Bottom Next? Analysis Warns Over $114,000 Dip
Key points: Bitcoin price action stays lower after falling over 4% in hours. Liquidity is already recovering, with short-term volatility increasingly likely as a result. BTC price predictions see a local bottom forming at as low as $114,000. Bitcoin (BTC) struggled to reclaim $122,000 Wednesday as exchange users bet on fresh BTC price volatility. BTC/USD one-hour chart. Source: Cointelegraph/TradingView Bitcoin tracks sideways after all-time high tumble Data from Cointelegraph Markets Pro and TradingView showed BTC/USD consolidating after a snap 4.2% correction the day prior. This had been broadly expected given…
CleanCore Solutions Bolsters Dogecoin Treasury Holdings
NYSE-listed company CleanCore Solutions has added over 710 million Dogecoin to its balance sheet, edging closer to its target of 1 billion Dogecoin. “CleanCore’s Treasury includes total Dogecoin Holdings of over 710 million, with over $20 million in unrealized gains, and sufficient cash to keep acquiring Dogecoin supported by the partnership of Bitstamp by Robinhood,” CleanCore Solutions said in a statement on Tuesday. Dogecoin (DOGE) is trading at 24.5 cents, valuing the company’s holdings at approximately $173.92 million, according to CoinMarketCap. CleanCore said it raised about $175 million before expenses…
Convertible Note Deals Hit IREN and Kindly MD Stocks
Shares in Bitcoin miner IREN and treasury company Kindly MD have closed with losses on Tuesday after each announced multimillion-dollar convertible note deals amid a slowdown in venture capital activity in the crypto sector. Shares in IREN (IREN) finished Tuesday’s trading session with a gain of 6.81% but dropped 4.9% after the bell to trade at $58.66 following the company’s announcement of an $875 million convertible senior note offering. Healthcare company Kindly MD, which merged with David Bailey’s Bitcoin firm Nakamoto, also said on Tuesday that it opted into a…