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Hyperliquid, the decentralized perpetuals exchange, announced Wednesday that it has listed MON-USD hyperps, allowing traders to go long or short the token in a pre-market phase.MON is the native token of Monad, a Layer 1 blockchain designed to be fully compatible with the Ethereum Virtual Machine (EVM) — a feature that makes it easier for developers to migrate their applications from Ethereum.Both Hyperliquid’s announcement and Monad’s recent posts suggest that an airdrop may be imminent, with the project’s official teasing their “airdrop claim loading” feature reaching 98% on Oct. 8, according to Monad’s latest update on X.Based on trading in…
Bitcoin has shown renewed strength on the weekly timeframe by resuming a steady uptrend that began earlier in the year. After several weeks of ranging between $110,000 and $120,000, Bitcoin is now on intense momentum supported by institutional demand, which has led to a new all-time high in the past 24 hours. Interestingly, technical analysis of Bitcoin’s weekly price chart shows the cryptocurrency is gearing up for an explosion to $200,000. This projection is based on Bitcoin’s ongoing price behavior being an exact replica of Gold’s rally during the 1970s. Bitcoin Aligning With the 1970s Gold Rally An interesting technical…
Key Takeaways The FCA will allow everyday investors to buy crypto exchange-traded notes starting Wednesday, Oct. 8. Leading asset managers are preparing to list or expand their crypto ETN offerings in London as the new rules take effect. Regulators now view the crypto market as more mature and better understood, with improved custody standards and investor safeguards. Digital asset managers 21Shares, WisdomTree, and VanEck are reportedly preparing to list new crypto exchange-traded notes (cETNs) in London after Britain’s Financial Conduct Authority (FCA) finally lifted a nearly four-year ban on retail access to the products. On Wednesday, Oct. 8, ordinary investors…
A new poll conducted by consultancy company McLaughlin and Associates suggested that issues related to digital assets could have a significant impact on the 2026 US midterm elections.According to the results of a survey released on Wednesday by the crypto advocacy organization Digital Chamber, the majority of a group of 800 respondents — 64% — said candidates’ positions on cryptocurrency were “very important” when considering whether they would vote for them. While 38% of the respondents said they identified as Democrats, 37% of the group said they would trust Republican candidates more to advance crypto policies. “As redistricting continues to reshape…
CryptoSlate turns eight today, and as Editor-in-Chief, I could not be prouder of what we have achieved and where we’re going next.Our first story in 2017 asked which countries were most open to crypto, and since then, millions of readers have come to us for clear reporting, valuable data, and context that supports decisions instead of dopamine.We are marking the anniversary with an editorial refocus, a faster and cleaner reading experience, and a long-form reviews initiative that ranks products with reproducible methods and transparent scoring. Crypto never sleeps, and neither does our commitment to clarity, accuracy, and independence.A timeline illustration…
Key points:Bitcoin experienced profit booking on Tuesday, but the shallow pullback suggests that the bulls are not rushing to the exit, as they anticipate the uptrend to continue.Many altcoins rebounded off their support levels, indicating buying at lower levels.Bitcoin (BTC) turned down sharply on Tuesday, but the bears could not pull the price below $120,000. That suggests solid demand at lower levels. The bulls have pushed the price above $123,000 and will next attempt to clear the overhead hurdle at $124,474.Analysts are bullish on BTC’s prospects in October, which has been the second-best-performing month on average since 2013, with an…
Welcome to The Protocol, CoinDesk’s weekly wrap of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, a reporter at CoinDesk.In this issue:BTCFi’s Big Problem: 77% of Bitcoin Holders Haven’t Even Tried It, Says SurveyEthereum’s Fusaka Upgrade Passes Holesky Test, Moves Closer To MainnetDoubleZero Mainnet Goes Live With 22% of Staked SOL on BoardBee Maps Raises $32M to Scale Solana-Powered Decentralized Mapping NetworkNetwork NewsBITCOIN HOLDERS HESITANT TO EXPLORE BTC DEFI : Bitcoin decentralized finance (DeFi), also known as BTCFi, has been touted as the next wave of innovation for the world’s largest cryptocurrency. However, research suggests bitcoin holders…
The decentralized finance (DeFi) sector has undergone a remarkable security transformation, achieving a 90% reduction in exploit losses since 2020 and positioning itself as mature financial infrastructure capable of institutional adoption. Our analysis reveals that DeFi protocols have not only survived the “experimental era” but have systematically evolved into some of the most secure financial systems in existence, with daily loss rates plummeting to just 0.0014% by 2024.This evolution represents more than statistical improvement; it demonstrates that decentralized financial systems can achieve and maintain institutional grade security when comprehensive risk frameworks are implemented. The journey from 30.07% annualized losses in…
Every day, billions of dollars move across blockchains through stablecoins. The market is dominated by USDT ($175B market cap) and USDC ($75B), but a growing ecosystem of new entrants is expanding the landscape. Stablecoins are no longer a crypto sideshow — they’re becoming one of the largest financial innovations since the rise of electronic payments.Their use cases are broad, but four stand out:Hedging in high-inflation economiesCross-border payments and remittancesDeFi and programmable financeTrading and liquidityOf these, the cross-border and remittance use case has the biggest growth potential. USD-denominated stablecoins are quietly replacing SWIFT for small and mid-sized flows — allowing money…
The U.S. state of North Dakota is joining the stablecoin trend, with state-owned Bank of North Dakota teaming up with payments infrastructure giant Fiserv (FI) to launch a U.S. dollar-backed token aimed at financial institutions across the state.The token, dubbed “Roughrider Coin,” is expected to roll out next year and will run on Fiserv’s digital asset platform and plug into its white-label FIUSD system, a stablecoin network designed for regulated banking environments.The token is aimed to “increase bank-to-bank transactions, encourage global money movement and drive merchant adoption,” the firms said in a press release.The news follows Fiserv’s June entrance with…