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A well-followed pseudonymous analyst on X (known as Pentoshi) said Friday he started a small position in HYPE, Hyperliquid’s native token, and will add only if prices drift lower.In his Oct. 17 post, he wrote that he “nibbled” on spot HYPE below $34, filling about 20% of the position he ultimately wants. Spot means he bought the token itself without leverage, which removes the risk of forced liquidations. He said he’d “load up” nearer $28 and “go hard” sub-$30, a scale in approach that spaces buys across levels instead of committing all capital at once.The setup, he stressed, sits inside…

US spot Bitcoin ETFs faced $1.2B in weekly outflows as Bitcoin fell to a four-month low. BlackRock, Fidelity, and Grayscale saw major redemptions amid Bitcoin’s 10% weekly drop. Schwab says crypto interest is rising, with clients holding 20% of US crypto ETPs. The United States’ spot Bitcoin exchange-traded funds (ETFs) faced a challenging week, with over $1.2 billion in total outflows as Bitcoin prices tumbled. Despite the decline in institutional inflows, Charles Schwab says investor engagement with crypto-related products is rising, reflecting a growing interest among retail and institutional clients in digital assets. Heavy outflows hit Bitcoin ETFs Data from…

In brief Stripe’s blockchain project Tempo has reportedly raised $500 million at a $5 billion valuation, in a Series A round co-led by Greenoaks and Thrive Capital. Tempo also hired Dankrad Feist, a leading Ethereum Foundation researcher, sparking debate across the crypto community. While Vitalik Buterin supported Feist’s move, others criticized it as a blow to open-source ideals in favor of corporate blockchains. In a major show of force for Stripe’s upstart blockchain project Tempo, the company has reportedly raised $500 million—and nabbed one of the Ethereum network’s most prominent core developers, as well.Tempo has raised the funds in a…

A potential XRP supply squeeze may be brewing, and new insights from leading market watchers suggest that the impact on price could be significant. Crypto analyst Zach Rector has warned that the long-dismissed ”XRP supply shock” narrative is no longer just talk. As more XRP is locked, tokenized, and deployed in Decentralized Finance (DeFi) ecosystems, the available supply continues to tighten. XRP Supply Shock To Evolve From Meme To Market Reality  Crypto analyst Zach Rector ignited discussions about XRP’s circulating supply this week after posting on X social media that the “XRP supply shock is not just a meme anymore.”…

AI-focused Web3 entertainment and infrastructure firm Astra Nova has raised $48.3 million to grow its suite of tokenized content tools and creator platforms.The funding includes $41.6 million from a recent strategic round and builds on earlier investments led by Outlier Ventures as well as family offices and institutional investors in Saudi Arabia, the United Arab Emirates, and Bahrain, according to an announcement shared with CoinDesk.The company develops tools that allow creators to launch blockchain-based entertainment experiences without needing technical skills.TokenPlay AI, its flagship product, acts as a no-code launchpad for mini-apps. Powered by Alibaba Cloud, it enables token-based communities to spin…

WEEX is a popular crypto exchange that offers a comprehensive suite of trading services, including spot trading, futures trading with high leverage up to 400x, over-the-counter (OTC) trading, and copy trading. This WEEX Exchange review covers everything you need to know about the exchange, including its best features, security, fees, top WEEX alternatives, and a step-by-step guide on how to use the exchange.WEEX Exchange Review: Quick SummaryCrypto ExchangeWEEXLaunch Year2018FounderStephen Chen (Co-founder)Key Features and Trading OptionsWE-Launch, spot, futures, and margin trading, copy and demo trading. Supported Cryptocurrencies1,000+Global Presence130+ countriesSecurity MeasuresCold wallet, two-factor authentication (2FA), anti-phishing codes, and regular audits.Accepted Payment MethodsCrypto, bank…

Ondo Finance urged the US Securities and Exchange Commission (SEC) to delay or reject Nasdaq’s proposal to trade tokenized securities, saying it lacks transparency and could give established market players an unfair edge.In a Wednesday letter to the regulator, Ondo — a blockchain company that issues tokenized versions of traditional assets — said regulators and investors can’t fairly evaluate Nasdaq’s proposal without public details on how the Depository Trust Company (DTC) will handle blockchain settlements. DTC serves as the main depository for US securities and facilitates their post-trade settlement.While acknowledging support of Nasdaq’s move toward tokenization, Ondo warned that “Nasdaq’s…

Bitcoin has declined by more than 13% over the past week and is now trading under pressure near $105,000. The recent move lower comes amid increased focus on gold markets and a broader correction across risk assets. Still, some traders see this range as an opportunity to re-enter the market. Market Pullback Brings Price Near Buy Zone Bitcoin is priced around $105,000 at press time, based on CoinGecko data. Analyst Michaël van de Poppe says attention is shifting away from Bitcoin, but the current range could offer value. “In these ranges, it’s getting into buy the dip area,” he posted.…

U.S. stocks are suffering a setback on Thursday as credit issues are beginning to show their face alongside a slowing economy.”When you see one cockroach, there are probably more,” said JPMorgan CEO Jaime Dimon on his bank’s quarterly earnings call yesterday.Dimon was referring to the bankruptcies earlier this fall of auto parts supplier First Brands and subprime auto lender Tricolor Holdings. Dimon’s comments drew a response from the co-CEO of private equity player Blue Owl Capital Mark Lipschultz, who said banks should be combing their own books for “cockroaches.”Nevertheless, the First Brands bankruptcy has stung its banker, Jefferies (JEF), which…

HBAR endured a volatile 24-hour stretch as institutional traders managed a narrow but intense range between $0.176 and $0.185. The token initially fell on corporate profit-taking before rebounding strongly during morning hours on Oct. 16, when enterprise trading volumes surged above 129 million.Despite this recovery, the momentum proved short-lived. A sharp reversal struck in the final hour of trading, when corporate sell pressure overwhelmed earlier support zones. Between 14:02 and 14:04, volumes spiked above 3 million as HBAR slid from $0.183 to $0.1805, reflecting aggressive liquidation activity.Analysts say the move highlights shifting institutional sentiment toward enterprise blockchain assets. While HBAR’s…