Bitcoin holds above $80k as Coinbase premium flips negative and IFP dips below its 90-day avg, signaling retreat from derivatives to spot and waning speculative appetite. $BTC
JUST IN: Matrixport-affiliated address deposited 403,000 HYPE into HyperLiquid, selling 10,000 HYPE (~$4.24m) and still holding ~303,000 HYPE (~$13m). Possible near-term liquidations could press price around current levels. $HYPE
BREAKING: Raoul Pal says crypto could be the “universal basic equity” of the AI era, predicting Agents will drive three-fifths of DeFi users within five years. If institutional flow follows, crypto ownership could amplify alongside AI-driven productivity. $BTC $ETH
JUST IN: BNY Mellon expands digital asset custody to UAE through Finstreet and ADI Foundation, targeting ADGM for regulated crypto infrastructure (BTC/ETH custody first, with plans for stablecoins and tokenized assets). $BTC $ETH
JUST IN: TradeXYZ via HIP-3 on Hyperliquid shows oil positions diverging as WTI/Brent holdings drop 59% WoW, while US stocks buoy open interest near record levels. If oil selling continues, a risk-off tilt could follow $WTI $XOP
JUST IN: A new wallet bought 375,046 SATO for ~$81.4k and now sits about $443k in profit. If sustained, fresh on-chain activity like this can signal renewed retail/early-stage interest in SATO. $SATO
Bitwise bets on stablecoins scaling as tech giants lean in, with projections of up to $4T by 2030 if adoption accelerates. $USDT $USDC (ticker relevance based on stablecoins)
Ultra-high-net-worth whale opens a 394.6 BTC long on 40x with $31.94M notional on Hyperliquid; currently ~5% underwater. If this whale controls risk, it signals bold conviction amid tight risk controls. $BTC