After the recent ETH liquidation event, which caused $4 million loss to Hyperliquid’s Hyperliquidity Provider vault, the platform said it will increase the maximum leverage allowed for Bitcoin and Ethereum trading to prevent similar incidents in the future. In the said liquidation event, a whale had built a 50X leveraged long position on Ethereum (ETH)

Despite the recent volatility in crypto markets, the long-term potential of digital assets remains strong. Brett Reeves, Head of Go Network and European Sales at BitGo, who manages institutional digital asset infrastructure at the company, expressed this sentiment in a note to crypto.news. He reflected on the current market downturn while highlighting ongoing advancements in

The U.S. Securities and Exchange Commission is on the verge of ending its long-running case against Ripple, according to sources close to the development. On Mar. 12, former FOX Business journalist Eleanor Terrett said the SEC vs. Ripple case was “in the process of wrapping up.” The regulator sued Ripple Labs, the company behind the

Polkadot price is hovering near its all-time low as the crypto sell-off accelerates and the fear and greed index remains in the extreme fear zone. Polkadot (DOT) coin has crashed to a low of $3.60, where it has failed to drop below since December 2022. It has dropped by over 93% from its all-time high. 

California State Senator Ben Allen is eyeing further pro-crypto representation with an endorsement of Dom Bei for election to the board of California’s public pension fund. Bei is the founder of Proof of Workforce, a Bitcoin (BTC) non-profit focused on promoting BTC adoption via educational initiatives targeting workers, unions and pension funds. He is in

On Mar. 10, 2025, European Stability Mechanism managing director Pierre Gramegna expressed his concerns regarding the potential harm of the U.S. government’s pro-crypto course and USD-denominated stablecoins to the EU’sEU’s financial stability and sovereignty.  Gramegna’s recent commentaries concerning the U.S. crypto policy’s potential impact on the eurozone economy are associated with Facebook’s Libra/Diem story. Facebook

Ethereum price is in its third consecutive week in the red as investors remain on the sidelines. Ethereum (ETH) traded at $1,758 this week, its lowest level since October 2023. It has plunged by over 55% from its highest level… Source link

Pepe, the third-biggest meme coin, has been in freefall since December, but two chart patterns point to a strong rebound soon.  Pepe (PEPE) jumped to a record high of $0.00002833 in December before crashing by over 80% this month. This retreat has mirrored the performance of other meme coins, whose prices have dropped by double

Video platform Rumble has acquired approximately 188 Bitcoin for $17.1 million, averaging $91,000 per coin. This purchase comes as part of its Bitcoin (BTC) treasury strategy. The company announced a plan to allocate up to $20 million to Bitcoin, emphasizing its desire to branch out into the cryptocurrency sector. CEO Chris Pavlovski spoke on Bitcoin’s

Bolivia’s state-owned energy firm YPFB will begin using crypto to pay for fuel imports as the country grapples with a severe shortage of U.S. dollars and dwindling natural gas production. The decision follows government approval to use digital assets for purchasing energy supplies, as Bolivia struggles to maintain fuel subsidies amid declining foreign currency reserves,