Author: James Wilson

The Hyperliquid token dropped to a crucial support level as volume on its perpetual decentralized trading platform slumped. Hyperliquid (HYPE) dropped to a low of $12.10, a notable level since it was its lowest level on March 13. Its market cap has dropped from over $9.7 billion in December to $4.43 billion.  DeFi Llama data shows that the volume of cryptocurrencies traded on its network declined again in March. It handled over $159 billion in volume, down from $187 billion in February and $197 billion in January. Hyperliquid has now processed a cumulative volume of $1.16 trillion, making it the…

Cambrian, a startup building infrastructure for AI agents with financial intelligence, has raised $5.9 million in a seed round led by a16z’s Crypto Startup Accelerator. Cambrian is joining a16z’s fourth accelerator cohort, CSX 04, in San Francisco with plans to launch its testnet and mainnet later this year, crypto.news can exclusively report. Cambrian also received funding from Stanford’s Blockchain Builder’s Fund and other angel investors. Cambrian’s goal is to empower artificial intelligence agents, autonomous financial bots and tools with verifiable high-quality onchain and offchain data, to make smarter, risk-aware decisions in real time. Its network aggregates data such as blockchain…

What changed in just three months to push Bitcoin from $109K to $82K? Was it just inflation data, or is something bigger happening behind the scenes? Bitcoin’s coldest Q1 in 7 years Just three months ago, the atmosphere in the crypto market was electric. Bitcoin (BTC) had surged past $109,000, Ethereum (ETH) was holding strong, and a fresh wave of optimism swept through the space, buoyed by the return of pro-crypto Donald Trump to the White House. But as we close out Q1 2025, that optimism has quietly faded into uncertainty. As of Mar. 31, Bitcoin is trading around $82,000,…

The crypto market has come under pressure this month, continuing a downtrend that began in the fourth quarter of last year. Bitcoin (BTC) dropped from an all-time high of $109,300 in January to $82,000, while Ethereum (ETH) has slumped from $4,100 in November to $1,800.  Other altcoins have retreated, with blue-chip names like Solana (SOL), Cardano (ADA), and Polkadot (DOT) falling by double digits from their highest levels in 2024. Cryptocurrencies have largely moved in sync with the U.S. stock market, which has entered a correction. The tech-heavy Nasdaq 100 index fell by 350 points on Monday and has dropped…

Hashgraph, the developer behind the Hedera network, has announced the launch of HashSphere, a private, permissioned blockchain tailored for enterprises in regulated industries.  Set to go live in Q3 2025, HashSphere is designed to facilitate low-cost, compliant cross-border stablecoin transactions for banks and asset managers. Built on Hedera’s (HBAR) technology, HashSphere will offer EVM compatibility, allowing institutions to develop and deploy smart contracts while ensuring adherence to regulatory requirements such as KYC and AML rules.  The platform is currently in beta testing and is working with industry players, including Australian Payments Plus. Compliance and privacy concerns Many enterprises have been…

Dogecoin’s price continued its downward trend on Monday as the crypto and stock markets sank. Dogecoin (DOGE), the biggest meme coin in crypto, dropped to a low of $0.1628, its lowest point since March 12. It has fallen by over 66% from its highest level in December. DOGE crash happened as investors embraced a risk-off sentiment ahead of Donald Trump’s so-called Liberation Day, when he will impose reciprocal tariffs on most US trading partners, risking a recession. These fears have sparked anxiety in the crypto and stock markets. The crypto fear and greed index has fallen into the fear zone…

The U.S. risks losing its global financial dominance to Bitcoin if the country’s deficits keep growing, BlackRock CEO Larry Fink warned in his annual letter. BlackRock CEO Larry Fink warns the U.S. dollar’s dominance isn’t guaranteed as soaring debt could push investors toward “digital assets like Bitcoin (BTC),” Fink wrote in his annual letter on Monday, March 31. The head of the world’s largest asset manager, overseeing $11.5 trillion in assets as of 2024, noted that the national debt has grown three times faster than GDP since 1989. “This year, interest payments will surpass $952 billion — exceeding defense spending.…

Galaxy Digital’s recently announced 15-year AI hosting agreement with CoreWeave marks a potentially transformative move for the company, according to H.C. Wainwright & Co. analyst Mike Colonnese. The deal was announced during Galaxy Digital’s Q4 2024 earnings call. As part of the deal, Galaxy will repurpose 200 MW of its Helios mining facility in West Texas to host 133 MW of critical IT load for CoreWeave’s GPUs. The contract is expected to generate $4.5 billion in revenue over its term, or around $300 million annually, which represents 70% of Galaxy’s total 2024 revenues, according to the analyst. These terms are…

Crypto is entering the next stage of its evolution, but it’s not driven by hype or surging retail volumes, according to Ayesha Kiani, Chief Operating Officer at MNNC Group. Speaking during a Bloomberg TV interview over the weekend, Kiani said that while institutional interest is growing, participation remains cautious and calculated. MNNC Group is a quantitative digital asset investment firm. She said she is seeing demand for stablecoin buying along with Fortune 500 companies adding Bitcoin (BTC) or stablecoins on their balance sheets. Meanwhile, many firms are exploring blockchain infrastructure for decentralizing internal data operations, implying the sector has evolved…

The Trump family is entering the Bitcoin (BTC) mining business with a new company called American Bitcoin. According to the press release dated March 31, Eric Trump and Donald Trump Jr. have teamed up with publicly trading crypto infrastructure firm Hut 8 to launch a Bitcoin mining company American Bitcoin. Eric and Donald Trump Jr. will own 20% of the company, while Hut 8 will own the remaining 80%. Initially, the company will focus on mining operations. Moving forward, Trump mentioned plans to build a strategic Bitcoin reserve and potentially go public. “From the start, we’ve backed our conviction in…