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Blockchain Crypto

HYPE

Decentralized exchange Hyperliquid delisted JELLYJELLY perpetual futures after a $6 million 20x leveraged short position became problematic. The platform's validators voted to delist the token, causing market speculation and criticism about the exchange's decentralization. The incident resulted in temporary losses for the Hyperliquidity Provider (HLP) vault and a 14% drop in HYPE token price.

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March 26, 2025 | 7:00 pm

ETHUSD

Ethereum is currently trading above its 21-day SMA at $2,055 but facing resistance at $2,100. The cryptocurrency could potentially move range-bound between $1,750 and $2,100 if it fails to break the current barrier. Technical indicators suggest mixed signals with long candlestick tails indicating buying pressure.

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March 26, 2025 | 7:00 pm

PIUSD

Pi Network's cryptocurrency (PI) has experienced a dramatic price decline from its all-time high of $2.99 to around $0.785, driven by multiple challenges including community disputes, token unlock schedules, and questions about network decentralization. Despite having over 60 million users, the network faces scrutiny over its limited number of nodes and significant token concentration among core team members.

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March 26, 2025 | 7:00 pm

BTCUSD

Bitcoin is experiencing significant market volatility with technical analysis suggesting a potential price decline to $78,700. Despite a $233 million BTC outflow from exchanges indicating possible accumulation, traders are heavily positioned on the short side, reflecting bearish market sentiment.

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March 26, 2025 | 7:00 pm

RUM

Rumble Inc. (RUM) has received an investment from Tether, which is expected to strengthen its crypto positioning and support international expansion. The company reported strong Q4 sales of $30.20 million, representing 48% year-over-year growth, and expects at least 25% revenue growth in Q1. Wedbush analyst Scott Devitt maintained a Neutral rating but lowered the price target from $13 to $10.

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March 26, 2025 | 6:45 pm

HYPE

Bitget CEO Gracy Chen criticized Hyperliquid's handling of the JELLY token incident, suggesting the decentralized exchange operates unethically and lacks proper safeguards. After a $10.6 million loss due to market manipulation, Hyperliquid delisted the token and promised user compensation. Chen warned the incident could lead to systemic risks and potential catastrophic failure.

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March 26, 2025 | 6:45 pm

XRPUSD

Veteran trader Peter Brandt warns of a potential 55% correction in XRP price if a bearish head-and-shoulders pattern completes, suggesting a potential drop to $1.07. However, other analysts like Javon Marks see potential for a bullish breakout. XRP has been underperforming, with trading volumes dropping 35% and price down 4.7% over the past week.

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March 26, 2025 | 6:45 pm

BTCUSD

GME

GameStop has officially approved adding Bitcoin to its treasury reserves, coinciding with a strong Q4 performance where net income more than doubled to $131.3 million. The company will use cash reserves or future financing to invest in Bitcoin, following a trend set by companies like MicroStrategy. The announcement drove GameStop's stock up 8.27% in after-hours trading.

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March 26, 2025 | 6:30 pm

CRVUSD

Michael Egorov, Curve Finance founder, anticipates significant growth in specialized decentralized exchanges (DEXs) by 2025, particularly focusing on purpose-tailored platforms like stablecoin exchanges across different fiat currencies. He highlights the current gap in cross-currency stablecoin exchanges as a key opportunity for innovation.

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March 26, 2025 | 6:30 pm

IMX

Immutable (IMX) experienced a significant price surge of 8.05% after the SEC closed its investigation without filing any charges against the company, its ecosystem foundation, or CEO James Ferguson. The news eliminated a key regulatory risk and boosted market confidence, driving trading volume up 118.36% to $120.59 million.

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March 26, 2025 | 6:30 pm