Category: crypto

Whale positions on Hyperliquid reach $4.236 billion, with longs and shorts evenly split among major accounts. Traders are undecided on crypto direction, reflecting market uncertainty amid macroeconomic signals. Despite high-risk positioning and leveraged trades, whales are not heavily committed to either direction, waiting for clearer catalysts in the market.

Bitcoin is hovering around $80,000 due to concerns over inflation risks and a shift towards higher interest rates following strong U.S. Producer Price Index data for April. Traders are now pricing in over a 30% chance of a rate hike before December, reducing expectations for Fed rate cuts in 2026.

The U.S. Producer Price Index (PPI) for April increased by 1.4%, significantly higher than expected. This has led to markets reevaluating the possibility of interest rate hikes this year instead of rate cuts. The inflation surprise has shifted expectations towards a more restrictive monetary policy, causing volatility in financial markets.

U.S. President Donald Trump has arrived in Beijing for a state visit at the invitation of Chinese President Xi Jinping. The visit is closely watched by financial markets and prediction platforms for potential impacts on U.S.-China relations. Crypto traders are monitoring the visit for effects on risk appetite and global liquidity flows.

An ECB Governing Council member suggests that the June meeting will determine whether interest rates will be raised or kept unchanged. The decision reflects uncertainty over eurozone monetary policy, with policymakers split on whether to maintain current levels or implement another rate hike based on inflation and growth data. This decision will impact global risk…

Bloomberg ETF analyst Eric Balchunas reports that Bitcoin ETF IBIT has outperformed gold ETF GLD by 33 percentage points since March. IBIT saw $4.2 billion in inflows, while GLD experienced $9 billion in outflows, indicating a shift in institutional allocation from traditional safe-haven assets to digital alternatives.

Ledger has postponed its plans for an IPO in the US due to market conditions and lack of investor interest in crypto listings. The French hardware wallet maker had hired Goldman Sachs, Jefferies, and Barclays for the potential $4 billion listing. The pause follows Kraken’s delay and BitGo’s decline after going public in 2026. Ledger…

KDDI, Japan’s telecom company, is buying a 14.9% stake in Coincheck Group for $65 million. The deal includes customer referrals, revenue sharing, and joint initiatives to expand crypto access. KDDI will nominate a director to Coincheck’s board. Coincheck’s parent company recently acquired a Canadian digital asset manager. The partnership reflects the growing interest in crypto…

The Graph has integrated x402 payments in its Graph Gateway, allowing developers and AI agents to buy on-chain data with USDC on a pay-per-request basis. This eliminates the need for API keys and accounts, instead using HTTP 402 responses and on-chain payments for authentication. This integration aligns with the x402 machine-payments stack supported by major…

The CLARITY Act, a bill aimed at establishing clear regulations for digital assets, is heading to committee review, with a July 4 signing window. Bitcoin is currently near $82,000, with ETF flows, corporate treasuries, and post-halving supply aligning for a potential $100,000 test. Regulatory clarity could unlock institutional Bitcoin accumulation.