Monday, June 29

Business

HYPE Rises 20% After Hyperliquid Backs Prediction Markets

HYPE gained double digits on Monday after the team behind HyperCore, the core infrastructure powering Hyperliquid’s layer-1 network, said it will support the HIP-4 proposal to expand into prediction markets.The integration would allow fully collateralized contracts on Hyperliquid, the largest…

Tether Launches MiningOS, An Open-Source Bitcoin Mining Platform

Stablecoin issuer Tether has released its open-source Bitcoin mining software, describing it as a means to simplify and scale Bitcoin mining while promoting further decentralization in the sector.In a post on X on Monday, Tether announced the rollout of MiningOS…

Trump Denies Involvement in 0M Abu Dhabi WLFI Stake

US President Donald Trump has denied knowledge of a reported multimillion-dollar deal between his family and an Abu Dhabi royal for a significant stake in the World Liberty Financial crypto platform. “I don’t know about it,” Trump told reporters on…

Crypto Figures in Epstein Files Explain Connections

Alongside many of the world’s rich and powerful, some prominent leaders in the crypto industry are explaining their connections, however tenuous, with the late sex trafficker Jeffrey Epstein.The US Department of Justice (DOJ) released millions of new files on Saturday,…

ISM Manufacturing PMI Rise is Bullish For Bitcoin

A metric tracking the health of the US economy has just posted its highest monthly score since August 2022, and crypto analysts say it could signal a turnaround for Bitcoin, which is trading at $78,000.The Institute for Supply Management (ISM)…

NY Prosecutors Raise Alarm over GENIUS Act on Fraud: Report

Several New York district attorneys have reportedly warned about the US federal stablecoin law, the GENIUS Act, claiming it fails to adequately address fraud.According to a Monday CNN report, New York Attorney General Letitia James and four district attorneys signed…

BTC Hits Record Undervaluation Amid ETF Outflows: Bitwise

Bitcoin (BTC) price fell to a year-to-date low of $74,555 on Monday, marking a 40% drawdown from its all-time high. The move coincided with $1.3 billion in net outflows from the global Bitcoin exchange-traded products (ETPs) last week. This drawdown…

Nigeria hands over Africa Energy Bank HQ, backs June take-off

Nigeria on Monday formally handed over the fully furnished headquarters of the Africa Energy Bank to the Association of African Petroleum Producing Countries, marking a major milestone in efforts to unlock sustainable financing for oil and gas investments across the…

Here’s 4 Supporting Data Points

Key takeaways:Bitcoin fell to $74,680 after futures market liquidations, yet derivatives data show no signs of panic or extreme bearishness.Spot Bitcoin ETF outflows reached $3.2 billion, but represent less than 3% of assets under management.Bitcoin (BTC) price plunged to $74,680…

Access Bank gets new chairperson

Access Bank Plc, the commercial banking division of financial services group Access Holdings, has appointed Ifeyinwa Osime as the chair of its board of directors. Mrs Osime’s appointment followed the retirement of Paul Usoro, who exited the company on 29…

Food prices eased in November 2025 – NBS

The National Bureau of Statistics says prices of major food items, including rice, beans, garri, tomatoes and onions, fell slightly in November 2025. The NBS disclosed this in its Selected Food Prices Watch report for November 2025, released in Abuja…

ParaFi Capital Backs Jupiter with M Strategic Investment

Jupiter said it has secured a $35 million strategic investment from ParaFi Capital, marking the first time the Solana-based onchain trading and liquidity aggregation protocol has taken outside capital after years of bootstrapped, profitable growth.The transaction involved token purchases at…

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