Digital asset investment products staged a comeback last week, reversing prior outflows with $2.48 billion in inflows. August inflows now total $4.37 billion, which lifted year-to-date numbers to $35.5 billion. Activity was strong until Friday, when flows turned negative following the Core PCE release. The data dampened hopes for a September Fed rate cut and
A fresh wave of token releases is set to hit the crypto market this week, with more than $453 million worth of major assets scheduled to enter circulation. Data from the Tokenomist website shows significant cliff unlocks for Ethereum Name Service (ENS), Immutable X (IMX), and Elixir (ELX), alongside daily linear distributions impacting heavyweights like
In less than a year, Hyperliquid captured nearly 10% of BTC and ETH perp volume. It has even surpassed DeFi rivals and is now challenging CEXs. Despite unmatched growth and revenues, HYPE trades at deep discounts to Solana and Ethereum, which has sparked debate over whether it’s severely undervalued. HYPE: The Underdog? Hyperliquid brought in
Kevin Ricoy, founder of crypto media startup Allmight, has ignited a fiery debate in the Solana ecosystem after he wrote a scathing open letter urging the Solana Foundation to set a date for its shutdown. His remarks drew responses from figures like Jupiter’s Kash Dhanda and Solana Foundation’s Akshay BD, who stepped in to defend
A closely watched crypto analyst has identified an important technical pattern forming on Solana’s chart, suggesting the digital asset is on the cusp of a major upward move. After more than a month of consolidation, SOL appears ready to shatter a key resistance level, potentially kicking off a new leg up in its price trajectory.
Crypto markets are preparing for a wave of selling pressure as more than $998 million worth of token unlocks hit circulation between August 25 and August 31, according to data from Tokenomist. The largest scheduled releases include Sui (SUI), Optimism (OP), Jupiter (JUP), and Huma Finance (HUMA). Heavy Unlock Schedule The token activations consist of
Real Vision co-founder Raoul Pal has stirred debate after sharing his thesis on the current market cycle. According to him, Ethereum (ETH) is set to outperform Bitcoin (BTC), while Solana (SOL) could eclipse Ethereum, and Sui (SUI) may even surpass Solana on the back of its adoption curve. Bitcoin’s Struggles Give Altcoins an Opening In
Digital asset investment products faced their largest weekly outflows since March as $1.43 billion exited the market. Despite this, trading volumes in exchange-traded products (ETPs) surged to $38 billion, around 50% above the yearly average, which reflected “increasingly polarised” investor sentiment over US monetary policy. Early in the week, fears of a hawkish Federal Reserve
Kanye West’s YZY token has created one of the most talked-about moments in the crypto market this year. Its ripple effects have been most visible in Solana’s decentralized exchange (DEX) ecosystem. Meteora in Spotlight According to DeFiLlama data, the launch of YZY injected so much liquidity and speculative frenzy into Solana that Meteora, a rising
BitMEX co-founder Arthur Hayes has made a striking prediction for Ethereum (ETH), suggesting the asset could go anywhere between $10,000 and $20,000 before the end of the current market cycle. In a recent interview, the influential investor also disclosed a strategic preference for ETH over its rival, Solana (SOL). Hayes Shifts From Caution to Confidence