Author: John Smith
Hyperliquid’s HYPE price is currently trading near $32 after a failed breakout, with leverage and weak spot volume skewing risk toward deeper downside. Summary HYPE is sitting around $32, down over 7% in 24 hours and 11% weekly, far below its $59 peak. Shrinking spot volume and heavy derivatives open interest point to a leverage‑driven, fragile market. Technicals show lower highs, fading momentum, and nearby supports in the low‑$30s and high‑$20s at risk. Hyperliquid’s HYPE (HYPE) price is trading in the mid‑$30s, with price currently shaped by supply from the recent unlock and ongoing purchases from the project’s assistance fund.…
CZ and Peter Schiff spar over Bitcoin and tokenized gold, exposing a deeper fight about utility, trust, and what really backs the money of the future. Summary Peter Schiff argues tokenized, fully allocated gold is superior money, calling Bitcoin a faith based asset backed by nothing. CZ defends Bitcoin as scarce, borderless infrastructure with real world utility, from African bill payments to silent card based spending. The debate never resolves but crystallizes a core choice between physical reserves and digital networks as the next monetary foundation. Binance’s latest headline debate is not really about metal versus code or Bitcoin. It…
The IMF says large dollar stablecoins can accelerate currency substitution, weaken monetary control in fragile economies, and require strict, globally coordinated regulation and reserves. Summary The IMF notes stablecoins top $300 billion, mostly dollar-pegged, and can leapfrog local banks and payment rails via smartphones and unhosted wallets. Widespread dollar stablecoin use could shift savings and payments offshore, blunting central banks’ control over liquidity, credit, and rates, especially in high-inflation states. The paper backs “same activity, same risk, same regulation,” calling for harmonized laws, strict reserve and redemption rules, and coordination to avoid shadow-banking-style risks. The International Monetary Fund published a…
After Trump’s pardon, Binance founder CZ calls the US an “emerging land for Binance” and vows to help make America the global hub for crypto innovation. Summary CZ says Trump’s pardon lets Binance engage more freely worldwide, including renewed focus on the US market. He calls America a vital tech and institutional market and wants major crypto firms and BNB exposure to return there. CZ praises US regulatory progress like the GENIUS and CLARITY Acts but stresses regulation, banks, and crypto must integrate. Changpeng Zhao, founder of cryptocurrency exchange Binance, announced plans to help establish the United States as a…
Base and Solana have taken a step toward cross-chain access with a new connection now live on mainnet. Summary A Base-Solana bridge secured by Chainlink CCIP and Coinbase validators has been launched. Users can move SOL and SPL tokens into Base apps and access multi-chain liquidity. Coinbase’s Solana strategy and future CCIP integrations point to wider network expansion. The new bridge is now live on mainnet and secured through Chainlink’s cross-chain interoperability protocol and Coinbase-operated infrastructure. In a Dec. 4 announcement, Base said the new connection allows anyone to move assets between Base and Solana using a mechanism jointly verified…
MetaMask is expanding its mobile wallet into a wider trading hub with a new integration built around Polymarket. Summary MetaMask has added native prediction markets to its mobile app through an exclusive Polymarket integration. Users can fund trades with any EVM token, settle outcomes in seconds, and earn MetaMask Rewards points. The move positions MetaMask as a gateway for mainstream access to decentralized forecasts and on-chain event trading. MetaMask has rolled out “MetaMask Prediction Markets,” a feature that lets users trade the outcomes of real-world events directly in the mobile app. The update, announced on Dec.4, introduces a dedicated predictions…
Decentralized perpetual exchange Aster has announced a roadmap for the first half of 2026 that includes the launch of Aster Chain, a custom Layer-1 blockchain designed to support high-volume trading and expand the platform’s infrastructure, according to a company statement. Summary Aster Chain is scheduled to launch in the first quarter of 2026, with internal testing planned for late 2025, the company said. The blockchain will include Aster Code, a developer toolkit that enables applications to be deployed on the network. TK Aster Chain is scheduled to launch in the first quarter of 2026, with internal testing planned for late…
Robinhood Markets Inc. stock traded higher in recent sessions, closing Thursday at $137.08 per share, up 2.57%, despite Connecticut regulators issuing a cease-and-desist order related to the company’s prediction market operations, according to market data. Summary Robinhood shares rose in early trading despite a cease-and-desist order from Connecticut regulators. The Connecticut Department of Consumer Protection cited Robinhood Derivatives, KalshiEX, and Crypto.com for offering contracts without proper licensing. Robinhood emphasized it is a financial technology company, not a bank, noting that customer deposits are held through a partner bank with FDIC coverage, while the state ordered the platform to halt contracts…
A new U.S. bank just flipped the script on traditional business payments: N3XT officially launched today, promising instant, programmable B2B payments in U.S. dollars any time of day—or night—leaving old-school banking hours in the dust. Summary N3XT is offering instant, programmable U.S. dollar payments for businesses worldwide, bypassing traditional banking delays. The platform allows clients to automate payments, manage market-driven transactions, and access funds immediately while staying compliant. Led by fintech veterans and backed by top investors including Paradigm and Winklevoss Capital. N3XT opens its doors as a full-reserve, fully regulated narrow bank under a Wyoming Special Purpose Depository Institution…
Cathie Wood, CEO of Ark Invest, remains bullish on cryptocurrency — especially Ethereum. Summary Global Collaboration: Cathie Wood facilitated a meeting between Tom Lee and Francis B. Zhou in Tokyo to discuss Ethereum’s potential. Ark Invest’s Support: Ark Invest holds $271 million in BitMine Immersion Technologies, the largest corporate holder of ETH. ETH Bullish Outlook: Wood remains bullish on Ethereum’s role in decentralized finance, supporting both BitMine and Quantum Solutions. On Tuesday, Wood facilitated a meeting between Wall Street strategist Tom Lee and Quantum Solutions CEO Francis B. Zhou in Tokyo. This move aims to foster discussions around Ethereum’s potential,…