Markets

21Shares Applies for Hyperliquid ETF as New Crypto Funds Hit Market

In brief 21Shares wants to list a Hyperliquid exchange-traded fund. HYPE, the native coin of decentralized exchange Hyperliquid, is the 16th biggest cryptocurrency by market cap. The SEC is weighing ETF applications tracking different altcoins, and combinations of tokens. Exchange-traded fund issuer 21Shares has applied for an exchange-traded fund tracking the token of the Hyperliquid…

Coins

Crypto Funds Pull in $921M on Fed Rate Cut Optimism

In brief Digital asset products attracted $921 million in inflows last week, according to CoinShares. U.S. and German markets led gains, while Switzerland saw outflows linked to asset transfers. Bitcoin captured nearly all inflows as Ethereum and altcoins cooled. Digital asset investment products saw inflows of $921 million last week, according to CoinShares, as optimism…

Law and Order

WazirX Barred from Redistributing XRP as Indian Court Affirms Crypto as Property

In brief India’s Madras High Court ruled Friday that crypto constitutes property protected under constitutional law, blocking WazirX from reallocating user assets under its Singapore restructuring plan. Justice N. Anand Venkatesh granted an injunction protecting 3,532 XRP tokens, rejecting the exchange’s “socialization of losses” scheme following the July 2024 hack that drained $234 million. The…

Uncategorized

CRYPTO PUMPING! COBIE & UP ONLY ARE BACK!

CRYPTO PUMPING! COBIE & UP ONLY ARE BACK!Crypto Dips Despite Continue Strength in Stocks. Another $320m of Liquidations in Drop. Fed to Host Crypto Innovation Conference Today. Strategy Bought $19m Btc, Bitmine Buys $251m Eth. Coinbase Buys Cobie’s Echo for $375m. Coinbase Buys Cobie’s Up Only Nft for $25m. Sol Co-founder Toly Designing Perps Dex.…