Crypto

Hyperliquid’s HYPE token surges past $50 amid stablecoin proposal competition

Hyperliquid’s governance token HYPE climbed above $50 during Asian trading hours, boosted by new bids to manage the decentralized exchange’s proposed stablecoin, USDH. According to CryptoSlate’s data, the token gained more than 7% in the last 24 hours to reach $50.08, edging close to its August peak of $51. This upward momentum reflects confidence in […]
The post Hyperliquid’s HYPE token surges past $50 amid stablecoin proposal competition appeared first on CryptoSlate.
Cryptocurrency

Critics argue Stripe’s blockchain ambitions clashes with crypto decentralization

Christian Catalini, co-creator of Meta’s now-defunct Libra project, took to X to explain how Stripe’s Tempo blockchain fails one of the basic tenets of the crypto movement: decentralization. In fact, Catalini believes that if Stripe’s Tempo succeeds commercially, it would mean that early crypto idealists will have to embrace a future where the original ethos […]
The post Critics argue Stripe’s blockchain ambitions clashes with crypto decentralization appeared first on CryptoSlate.
Cryptocurrency

Tether CEO refutes claims that the firm sold Bitcoin and bought gold

Paolo Ardoino, CEO of Tether, the issuer of the largest stablecoin USDT, took to X on Sunday to refute claims about the firm selling its Bitcoin (BTC) to invest in gold. In his post, Ardoino wrote that “Tether didn’t sell any Bitcoin,” adding that: “While the world continues to get darker, Tether will continue to […]
The post Tether CEO refutes claims that the firm sold Bitcoin and bought gold appeared first on CryptoSlate.
Cryptocurrency

Open letter to Bitcoin Core: ‘Bitcoin is and must remain censorship resistant’

“Dear Bitcoin Core, Bitcoin is and must remain censorship resistant.” That’s the promise, the battle, and the line in the sand drawn this week as Leonidas, the host of The Ordinal Show, weighs in on the raging Spam Wars, warning Bitcoin Core: “Any serious attempt by Bitcoin Core to tighten policy rules or censor Ordinals […]
The post Open letter to Bitcoin Core: ‘Bitcoin is and must remain censorship resistant’ appeared first on CryptoSlate.
Cryptocurrency

Tokenized assets are already nearing $300 billion led by stablecoins

According to recent data by Token Terminal, tokenized real-world assets (RWAs) are already nearing $300 billion, a milestone that was projected to be reached in 2030. An additional report by RedStone Finance found that RWAs on-chain could hit as much as $30 trillion by 2034. While most of the momentum is made up of stablecoins […]
The post Tokenized assets are already nearing $300 billion led by stablecoins appeared first on CryptoSlate.
Cryptocurrency

If selling $2 billion crashes the BTC price, why doesn’t buying $83B send it to space?

In the spirit of no stupid questions, Bitcoin influencer Crypto Tea released a post on X that many people are wondering but haven’t said out loud. If previously dormant whales can crash the BTC price by selling $2 billion in BTC, why doesn’t a year of relentless buying pressure to the tune of over $80 […]
The post If selling $2 billion crashes the BTC price, why doesn’t buying $83B send it to space? appeared first on CryptoSlate.
Cryptocurrency

At over $3,600 an ounce, everyone’s buying gold

Everyone’s buying gold. The boomer rock blasted past $3,600 this week to mark a fresh all-time high and draw investors far and wide into its glittery orbit. So why is the gold price surging? It’s the result of a perfect storm: a cooling labor market in the U.S., expectations of rate cuts, relentless geopolitical jitters, […]
The post At over $3,600 an ounce, everyone’s buying gold appeared first on CryptoSlate.
Cryptocurrency

Are crypto treasury companies a marvel of financial engineering or a ticking time bomb?

The following is a guest post and opinion of Robert Schmitt, Founder of Cork Protocol. Many people view crypto treasury strategy companies as a form of leveraged crypto exposure to digital assets. In many ways, this thinking is correct, as these companies seek to deliver amplified returns by strategically accumulating and managing digital assets on […]
The post Are crypto treasury companies a marvel of financial engineering or a ticking time bomb? appeared first on CryptoSlate.
Cryptocurrency

Polygon developer calls World Liberty Financial the ‘scam of all scams”

Polygon developer Bruno Skvorc lashed out at World Liberty Financial (WLF) on Saturday, accusing the company of stealing his funds. In a post on X, Skvorc wrote: “…they stole my money, and because it’s the @POTUS family, I can’t do anything about it.” Skvorc was one of the hundreds of users, including Tron founder and […]
The post Polygon developer calls World Liberty Financial the ‘scam of all scams” appeared first on CryptoSlate.
Cryptocurrency