Tuesday, June 23

Crypto

Robinhood Enters Canada Crypto Market With 0M WonderFi Deal

Stock and crypto trading platform Robinhood has entered the Canadian market after closing a $180 million stock acquisition of local crypto technology company WonderFi, gaining the company’s licenses and regulatory approvals in the country.Robinhood said on Monday that the acquisition…

Grayscale’s Hyperliquid ETF Likely to Launch This week

Crypto asset manager Grayscale could launch its exchange-traded fund tied to the Hyperliquid token in the US as soon as this week after it amended a regulatory filing for the fund, an analyst says. Bloomberg ETF analyst James Seyffart posted to…

Toncoin to Rebrand to Original Name Gram

The Open Network says it is planning to rebrand its Toncoin (TON) token to Gram (GRAM), the original name of the network’s cryptocurrency in its first white paper.“Gram was the original name of TON’s currency in the first white paper,”…

Bitmine Buys M ETH, Tom Lee Says Fundamentals Strong

Bitmine Immersion Technologies has purchased another $52 million worth of Ether (ETH), with its chair, Tom Lee, saying that the token’s price isn’t yet reflecting the Ethereum blockchain’s strengths.“Over the past week, we acquired 26,497 ETH,” Lee said in a…

Binance Launches Tokenized US Equities with 24/5 Trading

Binance has launched US equities trading for eligible users and plans to add tokenized stocks as part of a broader push to expand beyond crypto.Users will be able to trade more than 7,000 stocks and exchange-traded funds (ETFs) with zero…

Radiant to Wind Down After Failing to Recover From 2024 Hack

Crypto lending protocol Radiant Capital says it will start closing down as it failed to establish a “viable path forward” after North Korea exploited it for $50 million in October 2024.Radiant’s decentralized autonomous organization said in a blog post on…

Founder Vows to Make Users Whole

Gnosis is working to contain an exploit Monday affecting its Gnosis Pay product after co-founder Martin Köppelmann acknowledged an active hack involving the system’s delay module and said the project would cover user losses.Köppelmann initially urged users to withdraw funds,…

Debate on CLARITY Act Continues this Week as US Senate Returns

US Senate consideration of the Digital Asset Clarity (CLARITY) Act is likely to resume as members reconvene this week after an extended Memorial Day holiday.Many US lawmakers and crypto industry leaders are pushing for consideration of the CLARITY Act, a…

Bitcoin Derivatives Show Bulls Making Moves Despite K Sell-off

Key takeaways:Whale’s bullish positioning in the Bitcoin derivatives market is failing to counter the heavy spot selling pressure. The slight discount on USDT indicates capital is exiting to fiat, exposing the Bitcoin futures leverage risks.Bitcoin (BTC) dropped below $71,000 on Monday…

Paxos Adds Dogecoin to Brokerage and Custody Platform

The Dogecoin Foundation’s corporate arm has partnered with Paxos to integrate DOGE across its brokerage and custody infrastructure, potentially expanding access to the memecoin through regulated financial channels.According to a Monday announcement, Dogecoin (DOGE) will become available through Paxos’ brokerage…

Bitcoin Volatility Drops 56% As Analysts Watch For 20% Price Move

Bitcoin’s realized volatility has fallen to 17.2%, one of its lowest levels in recent months. Multiple Bitcoin analysts have said that long periods of price compression, alongside declining volatility, have historically preceded double-digit rallies. Bitcoin realized volatility is down 56% in…

Hyperliquid’s HYPE Breakout Puts 0 Price Target in Play

Hyperliquid’s native token, HYPE, has rallied more than 30% in five days to a record high near $74, with a bullish chart breakout now pointing to a potential move above $100.HYPE/USD daily chart. Source: TradingViewKey takeaways:HYPE has broken out of…

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