HYPE Sinks 8.5% as Whale Liquidation Causes $4M Hyperliquid Vault Loss

Hyperliquid’s HLP vault faced a $4M loss after a whale’s massive ETH position was liquidated, prompting new leverage limits to curb risks. A massive liquidation event involving a whale’s $340 million ETH position has sent shockwaves through Hyperliquid, resulting in an 8.5% price drop for its native HYPE token. The...

Is Bitcoin Immune to Stock Market Volatility? Expert Weighs In

CrediBULL Crypto dismisses fears of Bitcoin’s stock market correlation, advising investors to focus on technical levels for long-term gains. Bitcoin, the number one cryptocurrency by market capitalization, is facing market turbulence, but prominent trader CrediBULL Crypto remains unfazed. He argues that BTC’s correlation with traditional stocks is overstated, and maintains...

$21 Billion to Buy Bitcoin: Strategy Announces Preferred Stock Offering to Fund Additional BTC Purchases

Strategy plans to raise $21 billion through a preferred stock offering, with funds focused on Bitcoin and business expenses. Michael Saylor-led business intelligence firm, Strategy announced today that it has entered into a sales agreement to offer up to $21 billion of 8% Series A Perpetual Strike Preferred Stock, according...

Binance Bans Market Maker for GPS and SHELL After Trading Irregularities

As rumors swirl, Animoca and GSR have distanced themselves from the scandal. Binance released an official report detailing actions taken against a market maker involved in irregular trading activities for GoPlus Security (GPS) and MyShell (SHELL). Following an internal investigation, the crypto exchange identified misconduct by the market maker, who...

Flipster Unveils 1.1 Million USDT Staking Initiative For Traders

[PRESS RELEASE – Panama City, Panama, March 10th, 2025] The initiative reaffirms Flipster’s commitment to optimizing capital allocation strategies for users Flipster, a global cryptocurrency exchange, is launching the Million-Dollar Fest, a USDT staking initiative, starting on March 17. The program features a total prize pool of 1.1 million USDT,...

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