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Author: James Wilson
A Nasdaq-listed biotech company is betting big on crypto with a $50 million move into Hyperliquid’s HYPE token. According to a June 17 press release from Eyenovia, Inc., a U.S.-based ophthalmic technology firm, the company has secured $50 million in private equity financing to accumulate over 1 million Hyperliquid (HYPE) tokens. With this move, Eyenovia becomes the first publicly traded U.S. company to hold HYPE in its treasury and operate as a Hyperliquid blockchain validator. The funding deal includes convertible preferred shares and warrants, which could raise up to $150 million if fully exercised. Alongside the announcement, Eyenovia named Hyunsu…
Ripple is making progress in its long-drawn legal battle with the U.S. Securities and Exchange Commission, with plans for a $50 million settlement. A joint filing made the headlines following several updates on firms planning to raise funds to purchase XRP and hold it as a treasury asset. Experts examine whether it is a “pump and dump” tactic to exploit sidelined traders or whether XRP could rally toward a new high in 2025. XRP price forecast The XRP weekly price chart shows that the long-term outlook on the native token of the XRPLedger is mixed. While technical indicators suggest a…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The ongoing debate around TikTok’s legal status in the United States isn’t just about national security—it’s about control. With millions of creators relying on TikTok for visibility and income, the ongoing uncertainty surrounding the platform’s future highlights the significant impact centralized platforms can have on creators’ livelihoods. In these environments, key aspects of a creator’s presence—from monetization to content accessibility—are shaped by decisions that may not always align with their interests. TikTok’s situation highlights a broader issue.…
U.S. stocks gained on Thursday as investors weighed soft inflation data and growing expectations of a Federal Reserve rate cut, with strong tech earnings helping offset trade uncertainty and sector-specific losses. The S&P 500 rose 0.38% to close at 6,045.26, led by a rally in large-cap tech stocks. The benchmark index now sits less than 2% below its all-time high. The Nasdaq Composite added 0.24%, while the Dow Jones Industrial Average climbed 101.85 points, or 0.24%, to 42,967.62. Oracle was the day’s standout performer, surging 13% after reporting better-than-expected quarterly results and projecting over 70% growth in cloud infrastructure revenue…
U.S. stocks gained on Thursday as investors weighed soft inflation data and growing expectations of a Federal Reserve rate cut, with strong tech earnings helping offset trade uncertainty and sector-specific losses. The S&P 500 rose 0.38% to close at 6,045.26, led by a rally in large-cap tech stocks. The benchmark index now sits less than 2% below its all-time high. The Nasdaq Composite added 0.24%, while the Dow Jones Industrial Average climbed 101.85 points, or 0.24%, to 42,967.62. Oracle was the day’s standout performer, surging 13% after reporting better-than-expected quarterly results and projecting over 70% growth in cloud infrastructure revenue…
XRP has been trading within a well-defined high-timeframe channel, and price is once again approaching key support. With several technical factors aligning at this level, the possibility of a bullish expansion toward $4.70 is emerging, but confirmation is critical before this scenario can play out. As Ripple (XRP) continues to move within a high-timeframe ascending channel, the asset is now testing a critical support zone that could define its next major direction. Technical confluence between Fibonacci levels, historical market structure, and key volume nodes is forming a compelling case for a potential rally, if buyers can confirm support in the…
U.S. stocks held steady Tuesday as a second day of trade talks between the U.S. and China got underway in London. The Dow Jones Industrial Average gained 0.25%, or 105.11 points whille the S&P 500 gained 0.55%. The Nasdaq index outperformed with a 0.63% gain and is now approximately 285 points away from reclaiming the 20,000 leve. Commerce Secretary Howard Lutnick described U.S. – China trade negotiations as going “really, really well,” suggesting a resolution may be close. Export controls remain central to discussions. U.S. officials are seeking Beijing’s release of rare earth materials, while China is pressing for eased…
UMA surged 26.54% from a high-confluence support area, catching traders’ attention with a sharp bullish move. However, after rejecting from local resistance at $1.80, the focus now shifts to whether bulls can defend support for continuation—or risk a full retrace within a broader range. After a strong and impulsive rally, UMA (UMA) has caught the attention of traders with a 26.54% move from support. This rally originated from a technically significant zone and marked a bullish shift in short-term momentum. However, price has now encountered resistance at $1.80, and a rejection has already formed, leaving a wick that may signal…
BNB maintains exchange dominance; Lightchain AI gains influence among serious crypto buyers
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As BNB continues to lead through exchange-driven dominance, Lightchain AI is capturing early momentum by building where it matters, on-chain, with infrastructure and investor conviction. BNB continues to maintain its dominance across major exchanges, but Lightchain AI is quietly gaining influence where it counts, among serious crypto buyers looking for early momentum and real infrastructure. With all 15 presale stages completed and a Bonus Round now active at a fixed price of $0.007, Lightchain AI has already attracted nearly…
Ethereum price may be on the verge of a bullish breakout to $4,000 after forming a bullish flag and a golden cross pattern, and as the iShares Ethereum ETF nears a crucial milestone. Ethereum (ETH) was trading at around $2,500 at last check on Saturday — higher than this week’s low of $2,380. A potential catalyst for ETH is the ongoing exchange-traded fund inflows, which have surged in the past few weeks. SoSoValue data shows that these funds have added substantial inflows in the past three weeks. They added $25 million on Friday, the 15th consecutive day of gains, bringing…