Author: Digicoinvision

Key point:Hyperliquid (HYPE) has witnessed a strong growth trajectory in the past year, with average trading volume soaring, reaching $3 to $5 billion from less than $100 million, according to CoinGlass’ semi-annual crypto derivatives outlook.“Hyperliquid accounts for more than 80% of the DeFi perpetual contracts market share,” the report added. Could Hyperliquid’s growing dominance boost HYPE’s performance? Let’s analyze the charts to find out.HYPE price predictionHYPE bounced off the 50-day simple moving average ($37.08) on Tuesday, indicating demand at lower levels.HYPE/USDT daily chart. Source: Cointelegraph/TradingViewThe gradually upsloping 20-day exponential moving average ($38.43) and the relative strength index (RSI) just above the…

XRP might be currently trading around $2, but its path to double and four digits may be faster than imagined. Notably, a bold new forecast has shaken up the XRP community, as crypto analyst BarriC declared that the token could explode from $2 to $1,000 much faster than anyone expects. His comments have caused a bit of optimism among investors, many of whom are already eyeing a new all-time high as momentum builds following the cryptocurrency’s recent quarterly close above $2.25. XRP’s Rise To $1,000 Based On History Taking to the social media platform X, prominent analyst BarriC predicted that…

Join Our Telegram channel to stay up to date on breaking news coverage Yuga Labs, the popular blockchain technology firm best known in the non-fungible token market for creating a variety of non-fungible token collections, including the Bored Ape Yacht Club and the Mutant Ape Yacht Club, has revealed the roadmap for its Otherside metaverse project. In this article, we shall explore in depth some of the metaverse gaming experiences non-fungible token holders should expect in the coming months. Otherside NFT Game Overview In a June 26 blog post, the Bored Ape NFT creator has revealed the roadmap for its…

Meta has invested approximately $3.5 billion for a minority stake in Essilor Luxottica, the world’s largest eyewear manufacturer, as part of its strategy to expand into the artificial intelligence (AI) glasses market. The acquisition, which amounts to just under 3% of the Ray-Ban maker, reflects Meta’s commitment to developing AI-powered eyewear, building on their existing […]

Matt Hougan, the chief investment officer (CIO) of crypto asset management firm Bitwise, is predicting an explosion in the tokenization of traditional assets. In a new blog post, Hougan says that the transition of stocks, bonds and other real-world assets (RWAs) onto blockchains instead of traditional systems may happen much quicker than he previously thought. “I still think it will take more than a decade before the majority of stock and bond trading happens on-chain. But with major financial firms like Robinhood and Tradeweb positioning themselves for the transition today, I’ve started to wonder: could tokenization achieve 1-5% penetration in…

KULR Technology Group, Inc., a Bitcoin-first company focused on sustainable energy solutions, announced today the successful deployment of 3,570 Bitmain S19 XP 140T mining machines in Asuncion, Paraguay. This new infrastructure brings KULR’s total Bitcoin mining capacity to 750 petahash per second (PH/s), with a goal of reaching 1.25 exahash per second (EH/s) by late summer. The expansion is a continuation of KULR’s dual-pronged “buy-or-mine” Bitcoin accumulation strategy, which aims to optimize treasury performance through both direct BTC purchases and self-mining. “Bitcoin has outpaced every major asset class in 11 of the last 14 years, often by a significant margin,”…

The GMX protocol halted trading on GMX V1 after a liquidity pool suffered an exploit on Wednesday, leading to $40 million in funds being stolen and sent to an unknown wallet.GMX V1 is the first version of the GMX perpetual exchange deployed on the Arbitrum network. The attacked pool provides the liquidity provider of the GMX protocol with a basket of underlying digital assets including Bitcoin (BTC), Ether (ETH) and stablecoins, according to the GMX team.The protocol has also announced a temporary suspension in minting and redemption of GLP tokens on both Arbitrum and the layer-1 Avalanche network to protect…

Dogecoin may be gearing up for its next breakout. After holding firm near $0.17 on the weekly chart, DOGE recently bounced off key Fibonacci and trendline support, hinting at renewed bullish potential.  With its 200‑week moving average offering steady support and price comfortably above the ascending channel, technicals suggest the setup is aligning. If the recent dip toward the 200 MA on the M15 chart proves to be a low-risk entry, this could set the stage for a retest of the $0.16490 resistance, and possibly more. Rejection At Resistance, But Technicals Still Favor Bulls In a recent analysis shared on…

The recent appointments of the two Co-Executive Directors and President are part of a broader effort to strengthen the Ethereum Foundation, and this structure is designed to ensure our vision, strategic and balanced execution, technical direction, and ecosystem development. This blog is intended to clarify the structure of the management team and the board. New Management (Strategic & Operational Execution) EF’s Co-EDs will lead and execute together with other management members. You can expect to hear from members of EF management regularly on their plans, decisions, and other new changes. Hsiao-Wei Wang, Co-Executive DirectorTomasz K. Stańczak, Co-Executive DirectorBastian Aue -…

Key Takeaways Venture firm a16z’s large COMP transfers, surging exchange inflows, and whale outflows signal mounting sell pressure. With weak user activity, COMP risks breaking below its $40 support zone. Venture capital firm ai16Z [AI16Z] has transferred 800,000 Compound [COMP] tokens worth $34.59 million to Coinbase in just ten days, including a $16.26 million deposit made.  This sequence of high-volume deposits coincides with rising exchange inflows and renewed speculation around possible large-scale liquidation.  Historically, such wallet movements from institutional players have preceded periods of increased selling pressure.  With whales showing consistent distribution behavior, the market may soon face amplified volatility.…