Laughing Hyena
  • Home
  • Hyena Games
  • Esports
  • NFT Gaming
  • Crypto Trends
  • Game Reviews
  • Game Updates
  • GameFi Guides
  • Shop
Category:

NFT Gaming

Bitcoin Price Reversing Gains as US Inflation Reshapes Sentiment
NFT Gaming

Bitcoin Price Reversing Gains as US Inflation Reshapes Sentiment

by admin September 11, 2025


Bitcoin (BTC) is steadily reversing the more than 3.8% gains of the last seven days as the effect of U.S. inflation hit the flagship cryptocurrency. As highlighted by Ted Pillows, a vocal market analyst, Bitcoin, which previously surged past $114,000 and looked like it was heading for the next level, has lost momentum.

Bitcoin trading weakens after leak

Notably, the pullback is the result of broader economic developments that are weighing in on the financial market.

The U.S. Consumer Price Index (CPI), which measures inflation, has shown upward movement, increasing from 2.7% to 2.9%. This signals that inflation remains high and is affecting investment patterns.

You Might Also Like

The rising inflation is causing investors concern as it suggests that the Federal Reserve might decide to keep interest rates high. If the Federal Reserve raises interest rates, risk assets like Bitcoin will not be attractive. The price reversal in Bitcoin is a reaction to these concerns on the broader financial market.

$BTC pumped above $114,000 but is now going down again.

CPI came in at 2.9% while last month’s CPI was 2.7%

This shows that inflation is still hot, and the markets are reacting to it.

Pre-market stock trading insights:

▫️Nasdaq futures is up 0.35% 🟠

▫️S&P futures is up… pic.twitter.com/onf7rSDOBc

— Ted (@TedPillows) September 11, 2025

Meanwhile, according to Pillows, despite the inflation worries, Nasdaq futures are up 0.35%, while S&P futures are at 0.27%.

This indicates that Wall Street has not hit the panic button yet and remains slightly more positive than crypto assets.

As of press time, Bitcoin is changing hands at $114,439.98, which represents a 0.5% increase in the last 24 hours. The coin had previously hit a peak of $114,686.09 in an upward rally before being hit by volatility. The trading volume remains low as well and is currently down by 12.35% at $47.94 billion.

You Might Also Like

Could U.S. Tariffs fund Bitcoin bull run?

Bitcoin has high chances of a rebound if Fred Krueger’s predictions happen. The former Wall Street quant opines that the U.S. could start buying BTC, using tariff money. The U.S has the potential to generate $50 billion monthly, and investing that in Bitcoin could see the purchase of up to 400,000 BTC.

This could trigger a bullish rally for the flagship coin as the demand will flip the supply, pushing the price upward.





Source link

September 11, 2025 0 comments
0 FacebookTwitterPinterestEmail
Ethereum
NFT Gaming

Ethereum Investors Double Down As Staking Activity Spikes Sharply – Here’s How Much

by admin September 11, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Ethereum has flipped slightly bullish again after facing bearish pressure for several days and is trading back above the $4,300 price level. Amid this price fluctuation, a recent report shows that ETH’s staking activity has grown exponentially, with a massive portion of the altcoin locked away in staking.

A Massive Growth In Ethereum Staking

While Ethereum’s price is regaining upward traction, staking activity is on the rise. Currently, investors are doubling down on ETH, with staking activity spiking sharply as confidence in the network’s long-term potential strengthens.

This notable surge in staking activity was shared by CryptoGucci, a crypto enthusiast, on the X (formerly Twitter) platform. The development shows a robust commitment from institutional and retail players, who view Ethereum’s proof-of-stake architecture as a pillar for safeguarding the blockchain’s future rather than merely a yield potential.

According to the expert, there is currently more than 36,148,793 ETH locked into staking, even as market volatility continues to shape the broader crypto landscape. This significant number of ETH locked away in staking represents over 29.9% of the total supply of ETH in circulation.

At current market prices, the total ETH locked in staking is worth a staggering $158 billion. CryptoGucci noted that the huge capital from institutional and retail investors championed to the ecosystem is committed to securing ETH through staking.

A massive supply of ETH staked | Source: Chart from CryptoGucci on X

During this substantial wave of ETH staking, a large portion of the altcoin has been persistently withdrawn from major crypto exchanges. Recent reports reveal that Ethereum’s exchange supply is on a steady downward trajectory, and the trend does not appear to be showing any signs of slowing down.

After examining the Ethereum Exchange Reserve metric, CryptoGucci highlighted that the ETH supply on exchanges continues to reach record lows. This development signals a strong shift towards staking and long-term holdings, which reflects rising investor confidence in the altcoin’s potential.

Presently, Exchange-Traded Funds (ETFs) are purchasing billions, treasuries are piling, and institutions are hoarding. Given the ongoing robust attention directed toward ETH, the expert is confident that a notable rally could be on the horizon.

ETH Locking A Larger Chunk Of Spot Market Share

Ethereum is continuously breaking crucial boundaries in the ongoing bull market cycle. In a post on the X platform, Milk Road, a crypto expert, reported that ETH has flipped Bitcoin, the largest crypto asset, in terms of spot market share.

For the first time ever, ETH has captured a larger share of the spot market compared to Bitcoin, surpassing the 50% mark. According to the crypto expert, this is a five-year breakout that indicates the direction of liquidity flow. ETH’s overtaking BTC in this area is a result of stablecoins, tokenization, ETFs, and regulation converging on the network.

ETH trading at $4,436 on the 1D chart | Source: ETHUSDT on Tradingview.com

Featured image from iStock, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



Source link

September 11, 2025 0 comments
0 FacebookTwitterPinterestEmail
HBAR price holds support at $0.21 as funding rates remains bullish
NFT Gaming

HBAR price holds support at $0.21 as funding rates remains bullish

by admin September 11, 2025



Hedera Hashgraph price has confirmed support at $0.21, sparking a bullish reaction backed by strong technical confluence and rising demand. With funding rates favoring long positions, the token shows signs of continuation.

Summary

  • $0.21 support confirmed with 0.618 Fibonacci, moving averages, and volume node confluence.
  • Higher lows and bullish structure remain intact.
  • Positive funding rates show strong demand for long positions.

HBAR’s (HBAR) price action has reaffirmed its bullish structure after defending a major high–time frame support zone. The convergence of multiple technical indicators at $0.21 has created a foundation that could sustain further upside momentum.

Market sentiment has been reinforced by rising open interest and favorable funding rates, highlighting continued appetite for long exposure. Adding to this optimism, SWIFT has begun testing XRP and HBAR as part of its efforts to enhance cross-border payment infrastructure, further validating HBAR’s long-term relevance.

HBAR price key technical points

  • $0.21 confirmed as major support: with confluence from 0.618 Fibonacci, moving averages, and high-volume node.
  • Higher lows continue to form: maintaining a bullish market structure.
  • Funding rates remain positive: indicating demand for long positions and sustained bullish sentiment.

HBARUSDT (1D) Chart, Source: TradingView

HBAR has established $0.21 as a decisive support zone, reacting strongly from this level with a clear bounce. The area is significant as it coincides with multiple technical signals, including the 0.618 Fibonacci retracement, moving averages, and the value area high of a major volume node. These convergences highlight the presence of strong institutional interest, making the region a key battleground for continuation. While price was recently rejected at $0.30, the $0.18 support order block remains intact, providing a bullish foundation for further upside potential.

This bounce has likely confirmed another higher low, reinforcing HBAR’s bullish trend of consecutive higher highs and higher lows. The persistence of this market structure signals that buyers remain in control, and the foundation for further upside has been established.

HBAR Postive Funding Rate, Source: Coinglass

Alongside the technical base, market sentiment indicators add weight to the bullish case. Open interest remains elevated, reflecting continued participation from traders who are positioning for further gains. At the same time, funding rates are positive, showing that long positions are outpacing shorts. This suggests traders are willing to pay a premium to maintain bullish exposure, a dynamic that often drives prices higher as demand strengthens.

From a structural perspective, this funding environment may also trigger a feedback loop. As longs dominate, shorts become more attractive, but if prices continue rising, short sellers are forced to close positions, which further fuels upward momentum. This type of squeeze dynamic could accelerate HBAR’s next leg higher.

What to expect in the coming price action

HBAR remains bullish above $0.21, with strong technical confluence and funding conditions favoring the upside. If buyers maintain control, the token could extend its trend of higher highs and higher lows, potentially targeting new resistance levels in the coming weeks.



Source link

September 11, 2025 0 comments
0 FacebookTwitterPinterestEmail
Decrypt logo
NFT Gaming

Bitcoin Holds Near $114K as US Inflation Rises to 2.9%

by admin September 11, 2025



In brief

  • Bitcoin holds steady near $114,000 despite August inflation rising to 2.9%, outpacing July’s 0.2% increase.
  • Odds of a 50 basis point Fed rate cut next week dropped from 12% to 9% following the hotter CPI data.
  • Crypto analysts expect any market volatility from the inflation print to be short-lived ahead of next week’s FOMC meeting.

Bitcoin was flat this morning as new consumer price index data shows inflation rose 0.4% in August, outpacing the 0.2% rise in July.

At the time of writing, Bitcoin has been flirting with $114,000 as BTC ETF flows hit an 8-week high. The price of BTC has gained 0.3% in the past day, and is virtually unchanged over the past hour since the new BLS data was released.

The Bureau of Labor Statistics noted in its report that inflation over the past 12 months has  increased to 2.9%—meaning it’s pulling away from the 2% target the Federal Reserve would like to see.

It doesn’t appear to be enough to have dashed hopes that the Federal Open Markets Committee will issue a rate cut during its meeting next week, but it’s looking more likely now that it’ll be a smaller cut.



Yesterday, after the producers price index came in cooler than expected, 12% of investors were holding out hope that the FOMC would enact a 50 basis point cut in September, according to the CME FedWatch Tool. Today, that segment shrunk to 9% of investors in the hour after the new CPI data was released.

Users on Myriad, a prediction market owned by Decrypt parent company Dastan, were slightly more optimistic. At the time of writing, 84% of users think the FOMC will cut by 25 basis points, 12% of users think it’ll be a 50 basis point cut. That leave 2.8% wagering that the Fed will leave rates unchanged and 1.4% who think the Fed will increase rates at its September meeting.

Analysts at QCP Capital, a Singapore-based crypto trading firm, told Decrypt any volatility from the consumer price index print will be short-lived.

“On the macro side, PPI generally leads CPI by 3–6 months. While yesterday’s PPI print could suggest inflation pressures may ease further down the line, the market reaction was muted—we did not see DXY break lower or expectations for 2025–2026 rate cuts increase,” they said.

The DXY, or U.S. Dollar Index, is a financial benchmark that measures the value of the U.S. Dollar against a basket of major foreign currencies, including the Euro, British Pound, and Japanese Yen.

After yesterday’s softer-than-expected PPI print showed the metric fell 0.1% in August, the DXY briefly touched 97.66 before recovering to 97.80. At the time of writing, it has slipped again to 97.69.

“The more decisive event remains September’s FOMC,” the QCP Capital analysts added, “where the discussion on the pace of future rate cuts will likely be the key driver for asset classes.”

While investors wait to see how the governors at the FOMC will vote next week, their counterparts in the EU have decided to hold steady. The European Central Bank announced this morning that it’s holding interest rates steady. But the ECB is looking at  different macro data than its U.S. counterparts.

“Inflation is currently at around the 2% medium-term target and the Governing Council’s assessment of the inflation outlook is broadly unchanged,” the council wrote.

Mark Wall, chief European Economist at Deutsche Bank, said he expects the bank to stay the course for a while.

“That could have dovish ramifications for monetary policy,” he said in a note shared with Decrypt. “The ECB describes the inflation outlook as “broadly unchanged” and the statement is quite succinct.”

In the U.S., analysts have been flagging that tariffs and food prices could be a source of continued pressure, analysts at crypto exchange Bitunix said in a note shared with Decrypt.

“Several institutions have recently warned that rising tariff costs and food prices could continue to push inflation higher, while service-sector inflation also shows signs of rebounding,” they said. “If CPI comes in above expectations, markets may reassess the scope for future rate cuts—and even begin to worry about stagflation risks.”

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.



Source link

September 11, 2025 0 comments
0 FacebookTwitterPinterestEmail
NFT Gaming

Strategy’s (MSTR) S&P 500 Snub Signals Chill for Corporate Bitcoin (BTC) Treasuries: JPMorgan

by admin September 11, 2025



Strategy’s (MSTR) bid to join the S&P 500 index was rejected, despite meeting technical eligibility criteria, in what JPMorgan (JPM) calls a sign of growing caution toward companies that function as de facto bitcoin BTC$113,533.71 funds.

The index committee’s discretionary decision is a setback not only for Strategy but for the growing number of corporate crypto treasuries emulating its strategy of using balance sheets to accumulate bitcoin, analysts led by Nikolaos Panigirtzoglou wrote.

Strategy’s inclusion in other major benchmarks, from the Nasdaq 100 to MSCI indices, has quietly given bitcoin a backdoor into retail and institutional portfolios, the analysts wrote in the Wednesday report.

The Wall Street bank warned that the S&P 500 decision could mark the limit of that trend, and may prompt other index providers to rethink existing inclusions of bitcoin-heavy companies.

Adding to the pressure, Nasdaq has reportedly begun requiring shareholder approval before companies can issue new stock to buy crypto, the report said.

Strategy itself recently abandoned its no-dilution pledge, signaling a willingness to issue shares at lower multiples to continue funding bitcoin purchases.

The news comes as corporate crypto treasuries face weakening share prices and slowing issuance. JPMorgan notes that both equity and debt fundraising volumes declined last quarter, suggesting investor appetite is waning.

This fatigue raises questions about the sustainability of the corporate bitcoin-treasury model. While some firms have turned to more complex financing. from bitcoin-backed loans to token-linked convertibles, the rising risk premium could push investors and index providers to favor crypto companies with operating businesses, like exchanges and miners, over pure bitcoin-holding vehicles, the report added.

Read more: Michael Saylor’s Strategy Snubbed by S&P 500 Amid Robinhood’s Surprise Inclusion

CORRECT (Sept. 11, 13:10 UTC): Corrects company name to Strategy in first bullet point; an earlier version of the story used the company’s former name, MicroStrategy.



Source link

September 11, 2025 0 comments
0 FacebookTwitterPinterestEmail
140,000,000 Cardano in 14 Days, Can ADA Price Sustain Its Breakout?
NFT Gaming

140,000,000 Cardano in 14 Days, Can ADA Price Sustain Its Breakout?

by admin September 11, 2025


Cardano (ADA) has seen significant asset movement in the last 14 days, as ecosystem whales engaged in profit-taking moves. As spotted by Ali Martinez, popular on-chain analyst, in the last two weeks, Cardano whales have sold 140 million ADA.

Cardano holds above $0.88 despite whale dump

Notably, Cardano’s large holders are going for profit after ADA hit the $0.80 zone. These whales are looking to cut their losses by dumping part of their portfolio onto the market. The massive sell-off comes as ADA whales believe the price might have peaked, enough for them to “book profit.”

You Might Also Like

This development of selling 140 million ADA could create strong selling pressure and cause a pullback from investors. In the space of 14 days, such volume on the market could cause a considerable impact on the price outlook.

As of press time, Cardano is still trading up by 1.06% to $0.8844. The asset previously reached a peak of $0.8941 before experiencing volatility. So far, it has been able to maintain stability above $0.8840, with bullish Relative Strength Index (RSI) signals.

However, the volume has dropped significantly within the same period, likely due to investors applying caution amid growing whale action. Trading volume is currently down by 6.76% to $1.23 billion. For Cardano to sustain its current breakout move, the whales need to halt their profit-taking and start accumulating.

Bullish community sentiment eyes $1 and beyond

You Might Also Like

Perhaps, retail traders might stick with Cardano and not embark on a selling spree. As reported by U.Today, there is an air of bullish sentiment in the ADA community. A massive 88.4% of voters in a recent poll remained bullish on ADA and look forward to it flipping $1.

This positivity might support Cardano’s displacing Tron from its ranking as the ninth-ranked crypto asset by market capitalization. With capital shifting from Bitcoin to altcoins, expectations are high for Cardano.



Source link

September 11, 2025 0 comments
0 FacebookTwitterPinterestEmail
Shiba Inu loss
NFT Gaming

Don’t Expect New Shiba Inu ATHs: Machine Learning Algorithm Spits Out Max Price

by admin September 11, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Shiba Inu is still trading well below its all-time high of $0.000088 that was recorded back in 2021, and despite the market having seen multiple rallies over the last year, the meme coin has not come close to this peak. According to CoinMarketCap data, the current SHIB price means that it’s still over 85% below its all-time high price, and will need a more than 700% increase if it is to beat it. While many in the community expect the Shiba Inu price to hit new highs soon, a prediction from a machine learning algorithm suggests this may be a pipe dream.

Shiba Inu Price Won’t Reach ATH In 2025

The machine learning algorithm at the CoinCodex website has predictions ranging from the short-term to the long-term for Shiba Inu. While the outlook is bullish, the roadmap to a new all-time high remains very blurry. Unlike many other large-cap altcoins on their way to new highs, the algorithm does not see the SHIB price following this path.

For the short term, the price is expected to see some increase, moving above the $0.000019 level. This one-month prediction carries into the start of the month of October, with the highest point expected to be a little over $0.000016 before retracing downward.

Then, for the 3-month prediction leading into most of the last quarter of the year 2025, expectations are that the price will more than double to clear $0.000033. However, this is not expected to last as the algorithm shows a correction back down toward $0.000016 by the month of December.

Source: CoinCodex

With the 3-month prediction spanning close to the end of the year, it suggests that there is no all-time high happening for Shiba Inu this year. Momentum also remains low as sentiment is still neutral, meaning investors remain indecisive on SHIB.

So, When Can SHIB Hit A New ATH?

Over the longer timeframe and spanning the next few years, the machine learning algorithm shows a bullish outlook, but there is no expectation of the Shiba Inu price hitting a new all-time high. For the year 2026, the highest peak was placed at $0.00003116, which is only a 138% increase from the current level.

The same is the case for the next few years leading up to 2030, and still no all-time high prediction for the meme coin. If the algorithm is correct, then Shiba Inu investors might be waiting a decade for a new all-time high to hit, especially if the market continues in its low momentum.

SHIB pushes for new local peaks | Source: SHIBUSDT on TradingView.com

Featured image from Dall.E, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



Source link

September 11, 2025 0 comments
0 FacebookTwitterPinterestEmail
TRON price rebounds toward $0.35 as network cuts fees by 60%
NFT Gaming

TRON price rebounds toward $0.35 as network cuts fees by 60%

by admin September 11, 2025



TRON price has recovered after a network-wide fee cut slashed transaction costs by 60%, boosting its role as the top chain for USDT transfers.

Summary

  • TRON is on the rise after governance slashed transaction costs by 60%, cutting average transfer fees in half.
  • $110M treasury boost and Ledger enterprise app launch strengthen network adoption.
  • TRX trades at $0.3447 with support at $0.32 and resistance near $0.36.

TRON (TRX) is trading at $0.3447 at press time, up 2.4% in the past 24 hours. The token has ranged between $0.3094 and $0.3448 in the last week, marking a modest 2% gain over seven days but a 0.6% decline in 30 days. TRX remains just 20% below its all-time high of $0.4313 set in Dec. 2024.

Market activity shows cooling momentum. Spot trading volume fell 10.6% to $702 million over the past day. Coinglass’s derivatives data shows an 18.7% drop in volume to $252 million and a 1.3% decline in open interest. This implies that even as the spot price rises, there is less speculative activity.

Tron network upgrades and ecosystem growth

The most notable development is Tron’s governance decision to slash transaction costs by 60%. According to a Sept. 10 analysis from CryptoQuant contributor Amr Taha, average fees for TRC20 transfers fell from 4.4 TRX to 2.1 TRX, while total weekly fees dropped from 272 million TRX in mid-August to 23.1 million TRX.

The change followed an Aug. 29 vote by Tron’s Super Representatives to lower the Energy Unit Price from 210 SUN to 100 SUN.

It’s expected that this fee reduction will strengthen TRON’s position as the top settlement layer for Tether (USDT), the largest stablecoin globally. Reduced prices make the network more appealing for frequent transfers and may encourage more people to use it. Estimates suggest up to 45% more users may now find TRON affordable for regular use.

Additional ecosystem updates include TRON Inc.’s $110 million treasury expansion on Sept. 2, backed by its largest shareholder, and the launch of a Ledger Enterprise mobile app on Sept. 11, designed to improve secure USDT transfers on the network.

Tron price technical analysis

After recently rising from lows around $0.31, TRX is currently trading just above the 20-day simple moving average at $0.3401, indicating short-term strength. The general upward trend is supported by the fact that most moving averages, including the 50-day and 200-day, are still in buy territory.

Tron daily chart. Credit: crypto.news

Momentum indicators are more mixed. The MACD indicates a mild sell signal, while the relative strength index is neutral at 54. TRX is consolidating in the middle range of the Bollinger Bands, with support at $0.32 and resistance close to $0.36. 

Failure to maintain the $0.32 level could result in a pullback toward $0.30, but a break above $0.36 could pave the way toward $0.38–$0.40.



Source link

September 11, 2025 0 comments
0 FacebookTwitterPinterestEmail
Decrypt logo
NFT Gaming

Arthur Hayes Buys Nearly $1M in Ethena Ahead of Hyperliquid Vote

by admin September 11, 2025



In brief

  • Hayes has accumulated about $995,000 worth of ENA in the past two days, according to Arkham Intelligence.
  • Ethena, backed by BlackRock, has pledged to route 95% of USDH revenue to Hyperliquid and cover migration costs.
  • Native Markets leads the race with 90% odds, while Paxos revised its proposal and secured a Kraken listing offer.

Arthur Hayes, co-founder of crypto investment fund Maelstrom, bought the Ethena token this week, tying his latest move to a project vying for control of the USDH stablecoin ticker as Hyperliquid validators head into a decisive vote on Sunday.

Hayes has accumulated multiple tranches of Ethena’s ENA token over the past two days, including 578,956 tokens worth about $473,000 on Wednesday and two earlier purchases totaling roughly 672,800 ENA, or $521,000, according to data tracked by Arkham Intelligence.

The total, including those from Monday, amounts to roughly $995,000 worth of Ethena tokens within a 48-hour window.

Hayes’ purchases come as Ethena remains a contender in the USDH stablecoin race, with Hyperliquid validators set to decide the ticker on Sunday.

Ethena’s proposal, backed by BlackRock, would use its USDtb stablecoin to collateralize USDH via BlackRock’s BUIDL fund, with 95% of revenue pledged to Hyperliquid and costs covered for shifting trading pairs from USDC.

Ethena’s proposal is a “strong bid from one of crypto’s fastest-growing and most impressive ecosystems,” David Lawant, head of research at FalconX, wrote in a blog post published Wednesday.

  

Lawant pointed to USDe’s market cap of more than $13 billion and Ethena having processed $23 billion in cumulative mints and redemptions without security incidents or downtime.

Still, Hayes’ buy “reads as personal positioning, rather than putting a backing behind Ethena specifically for the USDH votes,” Kirby Ong, founder of HypurrCollective, a grassroots collective for founders, builders, traders, and power users on the Hyperliquid ecosystem, told Decrypt.

“With the $USDH proposal, the deciding factors will likely come down to validator alignments with their current stakers, whether prediction market sentiment translates into actual on-chain votes,” Ong said.

Other contenders

Paxos, backed by PayPal, is also a top contender, according to Lawant. It revised its proposal on Wednesday, expanding from an emphasis on regulatory pedigree to pledging a larger share of reserve yield to Hyperliquid’s Assistance Fund and deferring any issuer take until the product scales past $1 billion.

On Wednesday evening, Paxos announced it had received an offer from Kraken to list USDH and HYPE from day one, with free USD on- and off-ramps, pending the exchange’s standard review.

Meanwhile, Native Markets remains front and center.

Despite being a newly formed company, Native Markets remains the top contender, with 90% odds in its favor, according to live data on Myriad Markets.




Disclosure: Myriad is a prediction market developed by Decrypt’s parent company DASTAN.

Native Markets pitched a GENIUS-compliant USDH managed through Bridge, Stripe’s stablecoin issuer, with reserves in cash and Treasuries overseen by BlackRock off-chain and Superstate on-chain. 

Its plan splits yield evenly between Hyperliquid’s Assistance Fund and ecosystem growth, and promises a HyperEVM launch with seamless interoperability.

Ong explained that while prediction markets “help set expectations,” validator support “determines the valid candidates,” and that “ultimately, anyone can help to decide and set the direction for USDH by staking their weight and making their votes known by delegating to the validator that best matches their vote.”

Ong added: “The final outcome on Sunday may depend on which team gains the most trust and perceived long-term value for the ecosystem.”

Decrypt has reached out to Hayes, Paxos, and Ethena for comment. A separate request was sent to Native Markets through an ecosystem operator (Max Feige).

Other contenders include Sky, the issuer of USDS (formerly MakerDAO’s DAI), Frax Finance with a bank-partnered bid, and Agora, which has warned against Native Markets’ reliance on Stripe-owned Bridge while pledging to channel all net revenue back into Hyperliquid.

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.



Source link

September 11, 2025 0 comments
0 FacebookTwitterPinterestEmail
NFT Gaming

DOGE Leads Gain, BTC Pops to $114K as M2 Setup Opens Catchup Trade

by admin September 11, 2025



Bitcoin BTC$108,783.53 traded around $114,200 in Asian morning hours Thursday, up 2.4% over 24 hours, as majors firmed into a heavy macro week.

Ether (ETH) was up 2.4% to $4,400, XRP XRP$2.7757 rose above $3, BNB Chain’s BNB (BNB)neared $900 and Solana’s SOL (SOL) gained nearly 3%. Dogecoin DOGE$0.2076 outperformed with a 5% daily gain that extended a weeklong move higher to 15.9%.

A valuation trend is catching attention among some traders. CF Benchmarks said in a report earlier this week that suggested bitcoin is trading below its fair value range when mapped against U.S. M2 growth.

The firm noted that the gap between M2 expansion and the BTC price is as wide as at any time since August 2024, which has turned into a strong entry point. Similar divergences in 2016, 2019, and 2021 preceded notable upside.

Over the past decade, BTC has shown a positive correlation with M2, with monetary growth typically leading price by roughly three months. If that historical relationship holds, liquidity tailwinds later in Q4 could favor a push higher.

Tactically, bulls still have levels to reclaim.

“Bitcoin continues to attract buyers on intraday dips, forming a smooth and rather fragile uptrend, with the main battle now around $112K,” said Alex Kuptsikevich, chief market analyst at FxPro, in an email to CoinDesk.

“The real test sits near $115K, just above the 50-day moving average. Staying above it would signal a return to optimism, but for now BTC is lagging stocks at record highs,”Kuptsikevich added.

Options desks report firmer demand for protection ahead of this week’s U.S. inflation data, consistent with neutral-to-bearish positioning in the short term.

Meanwhile, SOL’s bid has tracked a steady rise in TVL to a record $12.2 billion, up 57% since June, while memecoins captured fresh flows. Analysts floating $300 SOL targets tie the call to persistent activity and on-chain liquidity, though follow-through likely depends on broader risk appetite.

The macro calendar can still spoil the party, however, as U.S CPI figures are due later on Thursday. A cooler trajectory would strengthen the case for a near-term Fed cut and a softer dollar, typically supportive for bitcoin and the broader crypto market.

Read more: Bitcoin, Ether ETFs Post Positive Flows as Prices Rebound



Source link

September 11, 2025 0 comments
0 FacebookTwitterPinterestEmail
  • 1
  • …
  • 51
  • 52
  • 53
  • 54
  • 55
  • …
  • 108

Categories

  • Crypto Trends (1,098)
  • Esports (800)
  • Game Reviews (772)
  • Game Updates (906)
  • GameFi Guides (1,058)
  • Gaming Gear (960)
  • NFT Gaming (1,079)
  • Product Reviews (960)

Recent Posts

  • This 5-Star Dell Laptop Bundle (64GB RAM, 2TB SSD) Sees 72% Cut, From Above MacBook Pricing to Practically a Steal
  • Blue Protocol: Star Resonance is finally out in the west and off to a strong start on Steam, but was the MMORPG worth the wait?
  • How to Unblock OpenAI’s Sora 2 If You’re Outside the US and Canada
  • Final Fantasy 7 Remake and Rebirth finally available as physical double pack on PS5
  • The 10 Most Valuable Cards

Recent Posts

  • This 5-Star Dell Laptop Bundle (64GB RAM, 2TB SSD) Sees 72% Cut, From Above MacBook Pricing to Practically a Steal

    October 10, 2025
  • Blue Protocol: Star Resonance is finally out in the west and off to a strong start on Steam, but was the MMORPG worth the wait?

    October 10, 2025
  • How to Unblock OpenAI’s Sora 2 If You’re Outside the US and Canada

    October 10, 2025
  • Final Fantasy 7 Remake and Rebirth finally available as physical double pack on PS5

    October 10, 2025
  • The 10 Most Valuable Cards

    October 10, 2025

Newsletter

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

About me

Welcome to Laughinghyena.io, your ultimate destination for the latest in blockchain gaming and gaming products. We’re passionate about the future of gaming, where decentralized technology empowers players to own, trade, and thrive in virtual worlds.

Recent Posts

  • This 5-Star Dell Laptop Bundle (64GB RAM, 2TB SSD) Sees 72% Cut, From Above MacBook Pricing to Practically a Steal

    October 10, 2025
  • Blue Protocol: Star Resonance is finally out in the west and off to a strong start on Steam, but was the MMORPG worth the wait?

    October 10, 2025

Newsletter

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

@2025 laughinghyena- All Right Reserved. Designed and Developed by Pro


Back To Top
Laughing Hyena
  • Home
  • Hyena Games
  • Esports
  • NFT Gaming
  • Crypto Trends
  • Game Reviews
  • Game Updates
  • GameFi Guides
  • Shop

Shopping Cart

Close

No products in the cart.

Close