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DIGIT – Page 104 – DIGIT INFO

WSJ: Hyperliquid Has Become Wall Street’s Go-to Weekend and After-Hours Perps Venue

Hyperliquid is emerging as a key weekend and after-hours venue for Wall Street traders to trade perpetual futures, the Wall Street Journal reported, as round-the-clock onchain markets pull activity away from traditional exchanges. When the Markets Close, Hyperliquid Stays Open Hyperliquid, a decentralized exchange ( DEX) built for perpetual futures, has become a destination for … Read more

Ethena Expands Partnership With Anchorage Digital to Strengthen Institutional Lending

Ethena is not slowing down. The protocol just announced an expanded partnership with Anchorage Digital, a federally regulated crypto bank in the US, to push its institutional lending business further through Atlas Collateral Management, and the details of this deal are worth paying attention to. Under the new arrangement, Anchorage steps in as collateral manager … Read more

Mastercard Adds Stablecoin Settlement to Its Global Network, USDC, PYUSD, RLUSD and More Now Live

Mastercard just made one of its biggest moves into crypto yet. The global payments giant has announced it is expanding its settlement network to include regulated stablecoins, and the list of supported assets and blockchains is longer than most people expected. Starting now, issuers and acquirers on the () network can settle transactions using Circle’s … Read more

Bitcoin Drops 10% in 3 Days, Falls Below $66K as $500M Liquidation Wave Hits

Bitcoin fell sharply for a third straight day, sliding below $66,000 on Wednesday and wiping out all of its April gains. Bitcoin Erases April Gains Bitcoin’s downward slide continued on Wednesday as the cryptocurrency dipped below $66,000, erasing its April gains. The digital currency plunged from just over $67,700 to an intraday low of $65,362—a … Read more

UK FCA Flags Crypto Sponsorship Risks for Premier League Clubs

The UK Financial Conduct Authority has warned football clubs that sponsorship deals with unauthorised crypto and trading firms could expose them to legal and reputational risks. The regulator said clubs must do more to protect fans from potentially unsafe financial promotions. FCA Targets Unauthorised Crypto Firms Using Football Deals to Reach UK Fans Britain’s financial … Read more

Bitcoin ETFs Lose $519M as Grayscale’s GSOL Pulls in Fresh Solana Demand

Crypto exchange-traded fund (ETF) flows remained under heavy pressure on Tuesday, June 2, as bitcoin funds posted a 12th straight day of redemptions and ether ETFs extended their losing streak to 16 sessions. Solana and HYPE products drew fresh inflows, but the broader market remained defined by large exits from the two biggest asset classes. … Read more

Bitcoin Miners Hit $1.08B in May Revenue, Then Prices Pull the Floor Away

Bitcoin miners finally had something to celebrate, delivering their strongest revenue gain in four months as May lifted earnings beyond the $1 billion mark for the first time since January. Current revenue, however, has cooled considerably, with bitcoin slipping below the $66,000 mark on Tuesday before staging a modest recovery the following day. Miners Feel … Read more

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