Bloomberg Intelligence’s James Seyffart, who’s seen more charts than a librarian sees books, waxed poetic about ETHB’s debut. “Vast majority of the trading is done,” he declared, “and we’re at $15.5 million in volume! Very, very solid for a day 1 ETF launch!” One might think he’d just discovered fire.
So, Pi Network’s PI token is the belle of the ball on Friday, up 30% during Asia’s morning hours. Why? Kraken decided to join the party. Finally. Took them long enough.
According to the cold but merciless ledger of Etherscan, the wallet first consumed a staggering 50.43 million aEthUSDT-a fancy, interest‑bearing variant of USDT that one finds within the Aave lending halls-to be exchanged for the plain brass of ordinary USDT.
The risk centers on elliptic curve cryptography (ECC), the system that secures Bitcoin ownership through digital signatures. A rather clever system, or so we thought, until quantum computers decided to play the role of the villain in a particularly dramatic bedtime story.
According to some Thursday ramblings on that bird-brained platform X (formerly Twitter), Hyperliquid Daily has decided to spill the beans on why HYPE is the financial equivalent of a diamond in the rough. First off, its trading volume has shot through the roof like a rocket with a grudge. We’re talking $6.48 billion in 24-hour perpetual volume and $6.41 billion in open interest. That’s more action than a riverboat poker game!
U.S. Sen. Adam Schiff, D-Calif., has introduced a new bill restricting prediction markets from allowing traders to bet on war, terrorism and death. The legislation, formally titled the Discouraging Exploitative Assassination, Tragedy, and Harm Betting in Event Trading Systems (DEATH BETS) Act, would explicitly prohibit listing or clearing contracts that reference violent conflict or the loss of human life. One wonders if the Department of Redundancy Department had a hand in naming it.
The price of the PIXEL token fell around 25% today, following a significant increase that started on March 10th. In just two days, PIXEL’s value jumped approximately 265%, rising from a low of $0.0051 to around $0.018 before experiencing a slight dip. Currently, PIXEL is trading at about $0.010, down from a high of $0.014 reached earlier today.
The Tokyo-listed firm, with a flair for drama, revealed the formation of these entities in a move that separates its strategic holding activities from operational revenue generation. It’s like a samurai dividing his sword from his sheath-one for show, the other for the real fight. ‘Bitcoin Japan’ will hold court in the domestic market, while ‘Metaplanet Income’ sets up shop in the United States, presumably to chase the American dream of corporate treasury management and exchange services.
Travis Hill, the FDIC’s high priest of regulatory decree, declared that payment stablecoins shall not partake in the sacred rite of pass-through insurance. Speaking at the American Bankers Association Washington Summit, he wielded the GENIUS Act like a sword, slicing through the fragile hopes of stablecoin holders. “Aha!” he might have cried, “these tokens are but fleeting shadows, not the solid stone of traditional deposits!”
The fight to end this tax nightmare is heating up in Washington, where Congress is currently debating whether Bitcoin should be taxed like a latte or a luxury yacht. Spoiler: they’re leaning toward the yacht.
