Hyperliquid Faces Perpetual Futures Test From OKX And NYSE’s Parent Company

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Hyperliquid (HYPE) has been setting the pace in the perpetual futures market but that lead is facing a new test after OKX—along with Intercontinental Exchange (ICE) announced plans for OKX to introduce perpetual futures tied to major energy benchmarks from ICE, including…

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Or Is More Pain Coming?

New data suggests that Ethereum is increasingly being viewed as “dead money” amid weak price action, ETF outflows, and rising social frustration. Ethereum (ETH) has shed nearly 30% of its market value so far this year. Despite numerous recovery attempts, its market performance throughout May remained weak. Growing fear and frustration around the asset have…

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Trump Media’s $205M Bitcoin Transfer Fuels Fresh Sale Speculation

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Trump Media-linked wallets deposited 2,650 Bitcoin, worth roughly $205 million, into Crypto.com, according to on-chain trackers, triggering speculation that the Truth Social parent has sold another tranche of its Bitcoin treasury. The transfer matters because Trump Media’s Bitcoin position was built near…

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Galaxy Digital and BitGo Clash in Court Over Failed $1.2 Billion Crypto Merger

Galaxy reportedly explored restructuring the merger through Canada after concerns grew over possible SEC opposition. BitGo and Galaxy Digital are continuing their courtroom battle over the collapse of a $1.2 billion acquisition agreement that was once expected to become the largest merger in the crypto industry. During proceedings this week in Delaware Chancery Court, BitGo…

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