Author: Digicoinvision
Not long ago, a $100 bill could cover dinner, a movie and drinks. Today, it might not even be enough for the meal alone — and in another decade, it’s likely to stretch even less. That’s not a fluke of bad luck but a feature of modern monetary systems: inflation is built in. In a new Cointelegraph video, we examine why money consistently loses value over time, and why governments actually want it that way. The story begins in 1944 with the Bretton Woods agreement, when the US dollar was tied to gold at $35 an ounce. That link ended…
Nasdaq-listed trading platform Lion Group Holding has announced plans to shift its entire stash of Sui and Solana into HYPE, the native token of the Hyperliquid blockchain.The Singapore-based trading platform said in a statement on Monday that it plans to exchange its Solana (SOL) and SUI (SUI) gradually over time to lower the average acquisition cost by “taking advantage of market volatility and accumulating HYPE at optimal prices.” Lion Group CEO Wilson Wang said the company’s shift to hold all Hyperliquid (HYPE) “through a disciplined accumulation process,” would “enhance portfolio efficiency,” and position the platform for “sustained growth.”At the same time,…
Crypto protocol Sky has become the fifth crypto project to launch a bid to help the decentralized perps exchange Hyperliquid launch and issue a stablecoin.Sky co-founder Rune Christensen on Monday posted his project’s proposal to back Hyperliquid’s USDH stablecoin, offering up Sky’s resources and promising a customizable token with a yield rivaling US treasury bills.“By using Sky to power USDH, the Hyperliquid community will gain unbeatable advantages that no other stablecoin project can offer,” Christensen said in his pitch. Sky, formerly known as Maker, created and backs USDS (USDS) and Dai (DAI), respectively the fourth and fifth-largest stablecoins that are together…
U.S. spot Ethereum ETFs have posted about $1 billion in net outflows, days after taking in roughly $1.4 billion during the prior week. The swing centers on primary market creations and redemptions that have become the main conduit for institutional ETH exposure in the U.S.Per SoSoValue’s U.S. ETH ETF dashboard, cumulative net outflows across the eight-day window from Aug. 29 to Sept. 5 were about $952 million. The same feed shows that the week immediately before, Aug. 22 to Aug. 28, drew approximately $1.58 billion of net inflows, confirming the week-to-week whipsaw visible in daily totals.Daily prints underline how quickly…
Key Takeaways Tron defends its Mayer Multiple at 1.2x, reinforcing critical long-term support for stability. However, sharp drop in derivatives volume and negative Funding Rates reflect rising trader caution on TRX. Tron’s [TRX] Mayer Multiple at 1.2x is notable, as this level often signals sustainable support within the broader market band. Historically, maintaining above 1.0x reduces downside risks while positioning assets for medium-term expansion. TRX respecting this threshold while defending the $0.317–$0.320 range reinforces its relevance as a safety net. Therefore, traders view this confluence as a buffer against deeper corrections. However, the market now watches whether holding this foundation…
Bitcoin price is struggling to recover above $112,500. BTC is now consolidating and might decline if there is a move below the $110,800 level. Bitcoin started a recovery wave above the $110,800 zone. The price is trading above $111,000 and the 100 hourly Simple moving average. There is a bullish trend line forming with support at $110,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another decline if it stays below the $113,000 zone. Bitcoin Price Faces Key Hurdles Bitcoin price started a fresh recovery wave from the $110,000 zone. BTC managed…
Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price climbed a fraction of a percent in the last 24 hours to trade at $111,582 as of 3:40 a.m. EST on a 25% increase in daily trading volume to $29.05 billion. Bitcoin is back in the news after two big pieces of information hit the market. First, Strategy, Metaplanet and El Salvador all made fresh Bitcoin purchases, showing that institutional and state-level interest in BTC remains strong. 🟠 NEW: #Metaplanet bought 136 $BTC, raising its total to 20,136, while El Salvador also added more…
Hashkey aims to launch Asia’s largest digital asset treasury fund, unlocking a new era of institutional finance converging with crypto through a perpetual, multi-currency ecosystem. Hashkey Aims to Bridge Finance and Crypto With Digital Asset Treasury Fund Hashkey Group, a digital asset financial services firm based in Hong Kong, announced on Sept. 8 that it […]
Special thanks to Vitalik Buterin, Gavin Wood and Jeffrey Wilcke for countless revisions feedback, picks at their brains, and helping me read their tea leaves. Introduction In the world of cryptography-based computer science, the Ethereum technology vision has captivated the imagination of a large number of software developers and technologists who saw its obvious promise. But those same promises and their business interpretations (and implications) have not widely reached, nor been well understood by non-technical audiences. As Ethereum nears coming out of the “labs” and into the market, it is even more important that its message be widely understood by the…
NASDAQ-traded Forward Industries ($FORD) has announced plans to open a strategic Solana ($SOL) reserve worth 1.65 billion. This is a significant milestone in the crypto sector with one of the biggest Solana-centric treasury approaches to be announced by a publicly traded firm. The announcement reflects an increasing institutional confidence in blockchain assets and particularly Solana, that is getting traction from both the retail and institutional investors. $1.65B Investment in Solana – Powered by Leading Firms Based on the official press release, Forward Industries has managed to raise $1.65 billion of the commitments of the private placement in both cash and…