News
Stay up to date on the latest crypto trends with our expert, in-depth coverage.
INJ token jumped over 5% to $13.60 following the creation of a Delaware trust by Canary Capital, hinting at early steps toward a potential staking-based ETF.
Hyperliquid (HYPE) has outpaced the broader crypto market with 12% gains, as influencers take massive BTC, ETH leveraged bets on the DEX.
Quick Take IREN announced its plans to raise $450 million via convertible senior notes, with a possibility to offer an additional $50 million. A part of the proceeds would be used to enter capped call transactions and prepaid forward transactions, the company said.
Quick Take Brian Quintenz , President Donald Trump’s nominee to chair the U.S. Commodity Futures Trading Commission, said if the agency is asked to regulate crypto more thoroughly, the regulator will need added resources. Lawmakers questioning Quintenz appeared to agree with the nominee.
- 16:27The limited edition "Based Lime" sparkling water, a collaboration between Rekt Drinks and Base, sold out in one minuteAccording to ChainCatcher, market sources report that the limited edition "Based Lime" flavored sparkling water, launched through a collaboration between Rekt Drinks and Base, sold out within one minute of pre-orders opening at midnight tonight. A total of 833 cases were released globally, each containing 24 cans, with payment accepted in cryptocurrency. Each case was priced at $69.69, plus separate shipping fees. Rekt Drinks is an innovative brand project that combines Web3 technology with physical consumer goods, originating from the Rektguy NFT project on the Ethereum blockchain. In 2023, the Rekt team launched Rekt Drinks—a non-alcoholic, caffeine-free flavored sparkling water. Its flagship product, "Liquidated Lime" sparkling water, has sold over 600,000 cans worldwide, reaching 32 countries. In June 2025, Rekt Drinks will enter select 7-11 convenience stores in Southern California, marking its first move from online to offline retail.
- 16:09Data: "Whale Rolls Over $125,000 Long Position on ETH" Opens Another Long Position with 3,694 ETH Worth Approximately $15.75 MillionAccording to ChainCatcher, on-chain analyst Yujin has observed that the whale known for “rolling over $125,000 to go long on ETH” has continued to open new positions after closing out the previous one. About 40 minutes ago, this whale withdrew approximately 130,000 USDC in principal from Hyperliquid and used the remaining $640,000 in profits to go long on ETH. Currently, the whale is holding a 25x leveraged long position on 3,694 ETH, valued at $15.75 million, with an entry price of $4,272 and a liquidation price of $4,183.
- 16:08SharpLink holds over 740,000 ETH, with a total value of $3.18 billionAccording to a report by Jinse Finance, SharpLink's official Twitter shows that the platform currently holds over 740,000 Ethereum, with a total value of approximately $3.18 billion.