Spot Hyperliquid ($HYPE) exchange-traded products recorded their first weekly outflow since launching in May, according to CoinShares’ weekly Digital Asset Fund Flows report. The products shed $7.26 million in the week ending July 17, ending a run of nine consecutive weeks of inflows. The withdrawal trimmed cumulative net inflows to $301.34 million from $308.6 million.
Chainlink verifies tokenized gold through a system called Proof of Reserve, which pulls data from a token issuer’s off-chain gold vaults and publishes it on the blockchain so anyone can check that the number of tokens in circulation matches the physical gold in storage. A tokenized gold product, such as PAX Gold ($PAXG) or CACHE
Solana co-founder Anatoly Yakovenko outlined the network’s long-term development path. Comparing the blockchain’s technological stages to the 12-year period between the beginning of the American Revolution and the signing of the U.S. Constitution, he made it clear that reaching the Nakamoto milestone will take years. From AI infrastructure to security Solana is currently at the
Wall Street is pulling the plug on technology stocks, and the implication could stretch well beyond just traditional markets. Hedge Funds have aggressively reduced exposure to the US information technology sector, recording net sell-offs in six of the last eight weeks. According to Loading profile preview prime brokerage data, this marks the largest eight-week aggregate
Powerloom, a blockchain network built for decentralized data infrastructure, is scheduled to halt permanently at 6:00 AM UTC on July 21. Users with POWER or other transferable assets still held on the network have under 24 hours to move them to Ethereum as of press time. Currently, Powerloom’s official wind-down page lists the bridge as
South Korea’s stock exchange (KRX) has activated its 38th trading pause this year after more downward volatility crashed the price of the Korea Composite Stock Price Index (KOSPI) by 4.46%. According to local news reports, the Korea Stock Exchange paused trading today across the KOSPI and Korea Securities Dealers Automated Quotation (KOSDAQ) indices via sell-sidecar
Traders balked on Bitcoin ($BTC) at $65,000 on Monday as crypto and risk-assets remained under pressure. Key points: Bitcoin staged several unsuccessful attempts to break and hold $65,000. US stocks face pressure from both the Iran war and an ongoing institutional tech sell-off. Bitcoin traders stay positive on the odds of $BTC/USD heading closer to
Blockchain technology is often criticized for helping criminals move money. However, the same permanent transaction records are increasingly helping authorities trace suspicious funds and identify those responsible. This shift is particularly visible in South Korea, where prosecutors are using digital trails to strengthen investigations and preserve evidence. According to local media reports, the Ministry of
Analysts at Bernstein have raised their price target on Robinhood Markets, based on their investment thesis that the online brokerage’s next phase of growth will be driven by tokenized equities and prediction markets rather than traditional crypto trading. In a Monday research note, Bernstein raised its price target on Robinhood (HOOD) stock to $160 from