Bitcoin Calms at $73,000, Stellar Explodes by 25% Daily: Weekend Watch
Bitcoin’s price has steadied at slightly above $73K, while XLM extends weekly gains to 80%. The cryptocurrency market has steadied somewhat over the past 24 hours, following a painful correction that pushed Bitcoin and most large-cap altcoins lower during…
Treasury bonds rally as dollar index sinks to 98.8
U.S. treasuries climbed while the dollar bond index dropped to an intraday low of 98.8, signaling a notable swing in risk sentiment across global markets. Summary Gate data shows U.S. Treasury bond prices rising as the DXY falls intraday The…
Pi Network News and PI Price Update May 30
A closer look at some of the most important news for Pi Network this week and an update on its price action. The past seven days saw Pi Network’s native cryptocurrency move more or less in line with the…
JPMorgan CEO Jamie Dimon takes aim at the Clarity Act over crypto deposit risks
JPMorgan Chase CEO Jamie Dimon has said banks will oppose the Clarity Act unless lawmakers change provisions that he says give crypto firms bank-like powers without bank-level safeguards. Summary Jamie Dimon said banks will oppose the Clarity Act unless lawmakers…
SpaceX Pre-IPO Market Flash-Crashes 45% on Hyperliquid (UPDATED)
The risks of trading pre-IPO markets were highlighted in the most recent SpaceX flash crash. Through HIP-3, Hyperliquid enables independent builders to construct markets that tap into the exchange’s existing architecture and liquidity. This has made it possible for…
Prediction markets draw Wintermute as crypto firms chase liquidity
Wintermute has entered prediction markets as a liquidity provider, bringing professional market-making capacity to a sector that has grown into a major venue for trading real-world event risk. Summary Wintermute will provide two-sided liquidity across prediction market platforms, helping improve…
Sui Network Hit by Fresh Outage Months After Previous Six-Hour Downtime Incident
Sui experienced its second network stall in five months on May 28. Sui Network has restored operations after a disruption that kept its blockchain offline for nearly six hours on Thursday. The Layer 1 network said the issue was…
Pi Network price consolidates at $0.14 as CiDi Games’ beta app attracts more than 81,000 users
Pi Network’s PI token is consolidating near $0.14 after an April rally, with thin liquidity and IOU listings keeping volatility elevated as traders eye key support and resistance levels. Summary PI trades around $0.14 with a tight 24 hour range…
Ethereum’s Largest Wallets Now Control Over 22% of Supply Amid Fresh Accumulation Wave
Ethereum’s biggest holders appear increasingly active again. Ethereum (ETH) briefly plunged below the $2,000 threshold this week for the first time since March 29. While the price has since stabilized and is currently trading near $2,002, it still remains…
Iran crypto crackdown deepens as US targets IRGC wallets
The U.S. Treasury has said it has seized nearly $1 billion in cryptocurrency linked to Iran as Washington expands its financial campaign against Tehran. Summary The U.S. Treasury says seizures of Iran-linked cryptocurrency are nearing $1 billion as Washington targets…
