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HYPE hits new ATH in 12% climb as whales bet big

by admin June 11, 2025

Hyperliquid has surged to a new all-time high closing at over $42, riding a wave of renewed market optimism, increased whale activity, and bullish investor sentiment.

On June 11, 2025, HYPE (HYPE) jumped by over 8%, pushing its price to a new record of $42.07. The rally extended its gains from the day before, marking a sharp reversal from last week’s dip that brought the token close to the $30 level.

The token’s new ATH record caps weeks of growing investor confidence, fueled by positive momentum, fresh exchange listings, and speculation of further upside potential. Trading volume also surged to over $500 million in the last 24 hours, with HYPE’s market cap now stands at $14 billion.

HYPE sets new all-time high, June 10, 2025. | Source | crypto.news

The uptick in HYPE’s price comes amid a broader crypto market rebound, which has seen various assets record fresh gains, However, even fueling the growth further is increased whale activity and an aggressive accumulation by large position holders.

Whales go all in on Hyperliquid (HYPE)

According to on-chain analytics platform Spot On Chain, one wallet recently scooped up 259,367 HYPE tokens, worth nearly $10 million at the time of purchase. The purchase makes the latest addition to the whale’s position, which has realized over 10 million in all-time profit trading the token.

Several other large-scale buys have been recorded as well. Three notable ones were purchases of 70,617.6 $HYPE at an average price of $35.40 by one wallet, worth approximately $2.5 million. Another transaction of similar weight was 28,500 $HYPE at $35.09 each, worth $1 million, and 57,372 $HYPE at an average cost of $24.95, valued at $1.45 million.

Beyond the large-scale purchases and volume, HYPE’s broader ecosystem developments are also contributing to the rally. Recent integrations and partnerships have strengthened the Hyperliquid network, attracting more users and reinforcing investor confidence in the project’s value.

Although the token has slightly cooled from its intraday peak, currently trading around $41.24 at press time, it remains well above its previous resistance levels, signaling strong momentum.

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June 11, 2025 0 comments

GameFi Guides

Shiba Inu’s Shibarium Skyrockets 7,154% as Adoption Hits New Highs

by admin June 11, 2025

Shiba Inu’s layer 2 platform, Shibarium, has seen a 7,154% surge, gaining market attention. Shibarium daily transactions increased by 7,154% in just five days, from 63,820 on June 4 to 4.63 million on June 9.

Shibarium transactions flatlined in late May to early June, as profit-taking and macroeconomic uncertainty triggered declines on the market, causing investor optimism to wane.

The recent surge in daily transactions suggests a comeback, which is reflected in other Shibarium measures.

Shiba Inu adoption hits new highs

The Shiba Inu ecosystem is gaining traction, with SHIB holders hitting a new all-time high.

Ethereum braces for volatility as Kraken open interest hits 30k ETH

by admin June 10, 2025

Open interest in Ethereum has reached an all-time high on Kraken, suggesting coming volatility in either direction.

Ethereum (ETH) could soon experience heightened price swings, according to new data from Kraken. Alexia Theodorou, Head of Derivatives at Kraken, said in a June 10 obtained by crypto.news that open interest on Ethereum contracts hit an all-time high, a sign that speculative activity is ramping up.

“Open interest in ETH perpetuals on Kraken reached an all-time high of 30,000 ETH earlier this week, signaling a notable uptick in speculative activity around the second-largest cryptocurrency by market cap,” Alexia Theodorou, Kraken.

The likely catalyst for the rise in derivatives activity is growing institutional inflows into spot Ethereum exchange-traded funds, Theodorou explained. However, it remains unclear which direction these flows may drive Ethereum in the near term. Rather than indicating conviction, the current positioning appears to reflect anticipation of volatility.

“While funding rates remain mildly bullish, the market has yet to form a clear directional consensus, with the long/short ratio still well below its January peak,” Alexia Theodorou, Kraken.

Still, pro-innovation developments in the U.S. regulatory landscape could act as a potential tailwind for Ethereum in the months ahead, she added.

Ethereum reaches major staking milestone

On June 10, staked Ethereum reached an all-time high of 34.65 million ETH, representing 28.7% of all circulating supply. According to analysts from B2BINPAY, spot ETF inflows were likely behind this milestone as well.

Ethereum ETFs saw consecutive 15 days of positive inflows, which totaled $837 million. These could be indicative of a broader institutional interest in Ethereum, as well as other established altcoins, B2BINPAY suggests.

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June 10, 2025 0 comments

AI is crypto's redemption, and the next generation's big bet

GameFi Guides

OpenAI hits $10b in annual revenue but posts $5b loss

by admin June 10, 2025

OpenAI has officially surpassed $10 billion in annual recurring revenue, driven by strong demand for its ChatGPT chatbot and related business products.

According to CNBC’s reporting, OpenAI hit this milestone in less than three years since the initial launch of ChatGPT in November 2022. According to an OpenAI spokesperson cited by CNBC, the ARR figure includes revenue from ChatGPT’s consumer and enterprise offerings, along with API services.

The actual revenue figure is likely even larger as reported revenue does not include licensing fees from Microsoft and one-off deals.

Profitability challenges remain

This revenue growth follows OpenAI’s reported $5.5 billion ARR from 2024, effectively nearly doubling in just a year.

However, CNBC notes that the hypergrowth comes at a cost. OpenAI reportedly posted a loss of about $5 billion in the same period, reflecting the capital-intensive nature of AI model development and infrastructure.

Regardless, the revenue milestone adds weight to OpenAI’s lofty valuation. The company raised $40 billion in a record-breaking funding round earlier this year and is now valued at roughly 30 times its current revenue.

Long-term ambitions

OpenAI is also setting its sights even higher, reportedly targeting $125 billion in revenue by 2029, according to CNBC, which cited a person familiar with internal targets.

As of March 2025, the company reported 500 million weekly active users and 3 million paying business customers, up from 2 million just a few months prior.

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June 10, 2025 0 comments

Gaming Gear

This Anker Portable Power Station Hits Its Lowest Price as Amazon Clears Out Stock Early in June

by admin June 9, 2025

There’s nothing quite like heading into the great outdoors or prepping for a camping trip, until your devices run out of juice. You need to keep your phone charged for navigation or power a lantern at night. or just having peace of mind during a power outage, portable energy solutions have become a must-have. That’s where the Anker Portable Outdoor Generator comes in. No matter where you go, even when you’re off-grid, you can have access to power to keep you juiced up and ready for whatever’s on the agenda and then some.

See at Amazon

You can check out Amazon right now to get the Anker Portable Outdoor Generator for just $90, down from its usual price of $150. That’s $60 off and a discount of 40%.

Portable and affordable power for every situation

This isn’t your average power bank. It’s designed for people who want something more rugged, more capable, and more flexible than a typical battery pack. It offers just enough power to make a real difference when you’re off-grid but doesn’t come with the bulk or cost of a full-size power station.

The PowerCore Reserve features a 192Wh capacity (roughly 60,000mAh), which means you can charge your phone multiple times, power small appliances, or keep lights running for extended periods. If you’ve ever been out on a hike and returned to a dead phone or lost power during a storm, you know how much a little backup can matter.

It’s all kitted out with everything you need so you can get everything charged, too, like USB-C ports (60W and 27W) along with two USB-A ports. There’s also a retractable LED light built in that has multiple brightness levels and an emergency SOS function.

You can even use this power station with a solar panel if you have one with the right voltage. Y ou can plug it in and use solar power to recharge the generator. That’s a huge bonus if you don’t have an alternative energy source or just want to run clean energy to power everything you have up.

If you’ve been on the fence about getting a power solution for your outdoor adventures or household preparedness kit, this Anker option strikes the perfect balance between affordability and functionality, and right now, the price makes it even easier to justify. Saving 40% makes it an even more palatable buy, and you likely won’t see these kinds of savings for the foreseeable future, so might as well lock in.

See at Amazon

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June 9, 2025 0 comments

Crypto Trends

Avalanche Hits 1M Daily Transactions Twice Thanks to MapleStory

by admin June 9, 2025

Avalanche is back in the spotlight, and the credit goes to MapleStory’s Web3 comeback. Since MapleStory N launched on May 15, activity on the Avalanche blockchain has shot up.

The game is part of the new MapleStory Universe, a Web3 gaming world built on Avalanche that’s bringing in a wave of new users.

Since the game’s release, Avalanche has seen a huge jump in activity, crossing 1 million daily transactions twice, on June 1 and June 7.

MapleStory Universe transactions have skyrocketed from near-zero to over 850K in under a month—a clear signal of Web3 gaming’s explosive potential.

Ownership, open economies, and on-chain progression are no longer just ideals— @MaplestoryU is onboarding users at scale. pic.twitter.com/8QfHp7Kzsu

— Avalanche🔺 (@avax) June 7, 2025

That’s the most action the network has seen in a single day since February 2024. In total, Avalanche handled 5.8 million transactions in the week starting June 2, making it the busiest week in over a year.

Before MapleStory N entered the picture, Avalanche was averaging under 500,000 transactions a day in 2025.

Why the sudden surge?

MapleStory has always been more than a game. It became a cultural phenomenon in the 2000s, especially across South Korea and Southeast Asia. MapleStory used to be much more than a video game. It was where people built deep friendships, discovered romance, and created entire lives alongside others in a shared world.

This new Web3 edition brings those memories back while adding fresh possibilities. Players are able to trade digital collectibles, earn rewards through the game’s economy, and create or share their own content thanks to blockchain technology.

The excitement around MapleStory Universe is strengthened by Nexon, the company behind the game. Nexon is a major player in the gaming world, listed in Tokyo and based in South Korea. Nexon has also been active in the crypto space for some time.

The company holds 1,717 Bitcoin, which it bought back in April 2021 and it’s been holding onto it ever since. That puts the company among the world’s top public corporate holders of Bitcoin, based on data from BitcoinTreasuries.net.

A win for Avalanche

Avalanche needed a boost, and this could be it. The MapleStory integration is giving the blockchain a fresh wave of interest, and potentially a new user base that blends gamers with Web3 adopters.

Also Read: Analyst Predicts Price Breakout as TRON Transactions Hit 8M

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June 9, 2025 0 comments

Product Reviews

The Sims-like Paralives hits Early Access in December

by admin June 8, 2025

If you aren’t thrilled with what EA has done with The Sims, another alternative is coming soon. The indie passion project Paralives launches in Steam Early Access on December 8.

Paralives has all the hallmarks of the life simulation genre. You can build your character, including physical and personality traits. It lets you make friends, move up in your career, fall in love and start a family (or not!). Design is central, too. You can craft your dream home, move walls and resize that stubby love seat into a full-on couch.

The game uses “innovative build tools that are easy to use but powerful for advanced builders.” When designing your living space, you aren’t limited to a grid. You can build on curves and customize any object’s colors and textures. There’s even an in-game measuring tape for those who want to get ultra-precise.

Paralives Studio

The game is the lovechild of Canadian developer Alex Massé, who began the project in 2019. Paralives Studio has now grown to a team of 13 with the sole focus of building “an innovative and fresh life simulation game.” It’s raised funds exclusively through Patreon. The team’s development process is out in the open. You can browse its history and roadmap online, showing the full array of planned features.

Crucially, the young studio says Paralives will never have paid DLC — only free expansions. That’s one way to take a shot at The Sims without even mentioning its name. And unlike the glitzy AI-fest inZoi, Paralives emphasizes depth and flexibility over presentation. Its simple and charming art style is a foundation for feeling and connection.

You can see for yourself in the release date trailer below. Grab Paralives on Steam Early Access (PC and Mac) on December 8.

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June 8, 2025 0 comments

NFT sales drop to $129.8m, Avalanche sales surge 200%

Crypto Trends

NFT market makes modest comeback as Bitcoin hits $105k level

by admin June 8, 2025

The NFT market has posted a modest recovery, with sales volume rising by 1.95% to $106.2 million. This marks a stabilization after last week’s drop.

At press time, Bitcoin (BTC) price has surged to the $105,000 level. At the same time, Ethereum (ETH) has shown no significant movements in the last seven days. The global crypto market cap is now $3.28 trillion, up from last week’s $3.25 trillion.

According to data from CryptoSlam, market participation continues to grow, with NFT buyers increasing by 55.08% to 826,992. At the same time, NFT sellers rose by 18.12% to 257,017. However, NFT transactions have dropped by 24.94% to 1,651,758.

Ethereum NFT sales drop 15%

Ethereum maintains its leading position with $30.3 million in sales. However, it has fallen 15.57% from the previous week. Ethereum’s wash trading has also increased by 11.33% to $1.8 million.

Immutable (IMX) has surged to second place with $16.4 million in sales and posted a growth of 123.21%.

Bitcoin is in third place with $15.1 million, growing 17.81%. Mythos Chain is in fourth place with $14 million, up 3.26%. Polygon (POL) has dropped to fifth place with $13.9 million, down 7.72%.

Source: Blockchains by NFT Sales Volume (CryptoSlam)

Solana (SOL) rounds out the top six with $6.1 million and has fallen 13.31%. The buyer count has increased across all major blockchains and Polygon leads at 54.25% growth. Solana followed this at 34.99% and Bitcoin at 33%.

In collection rankings, Courtyard on Polygon maintains its top position with $12.5 million in sales. However, the collection has seen a massive seller decline, dropping 77.08%.

Guild of Guardians Heroes has climbed to second place with $10.6 million, more than doubling with 108.92% growth. DMarket holds third place with $8.9 million, up 6.11%. Guild of Guardians Avatars has entered fourth position with $5 million and has surged 129.32%.

Bitcoin’s BRC-20 NFTs complete the top five with $4.8 million. The collection has seen increases across transactions (10.07%), buyers (4.74%), and sellers (2.96%).

CryptoPunks has fallen to sixth place with $3.5 million in sales, dropping 22.23%. The collection experienced decreases in transactions (13.79%) and sellers (36.36%), while buyer numbers remained flat.

Notable high-value sales from this week include:

CryptoPunks #1831 sold for 150 ETH ($389,846)
CryptoPunks #9778 sold for 150 ETH ($377,958)
CryptoPunks #4868 sold for 76.5 ETH ($201,933)
CryptoPunks #5586 sold for 70.07 ETH ($185,292)
CryptoPunks #7516 sold for 60 ETH ($158,378)

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June 8, 2025 0 comments

Game Updates

Black Myth: Wukong Hits Xbox Series X/S This August, Exactly One Year After PS5 Release

by admin June 6, 2025

Developer and publisher Game Science has announced that its action-RPG based on Journey to the West, Black Myth: Wukong, will finally come to Xbox later this year. More specifically, it will launch on Xbox Series X/S on August 20, curiously exactly one year after the PlayStation 5 release of the game. This is curious because last year, Game Science denied a year-long exclusivity deal when fans questioned why Wukong was skipping Xbox on its initial release.

Nonetheless, Wukong will finally hit Xbox this summer. According to Game Science, preorders for it open on June 18, 2025, the same day the game is getting its first-ever discount. The discount will be 20%, bringing the Standard Edition to $47.99 and the Deluxe Edition to $55.99 here in the U.S.

Wukong hit PS5 and PC on August 20 of last year, and in December, it received its first free DLC, which added a new combat challenge to the game. Wukong surpassed 10 million copies sold in just three days, and set a record for the highest concurrent player peak for a single-player game on Steam at the time.

For more about the game, head to Game Informer’s Black Myth: Wukong hub.

Are you picking up Black Myth: Wukong on Xbox this August? Let us know in the comments below!

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June 6, 2025 0 comments

GameFi Guides

Circle IPO Skyrockets Over 200% on NYSE Debut, Hits $100

by admin June 5, 2025

Circle Internet Group Inc. (CRCL), the issuer of the USDC stablecoin, made a blockbuster debut on the New York Stock Exchange today, with shares surging more than 206% by hitting $100 in early trading.

The $CRCL opened at $66 but quickly soared to $102.92, marking one of the most dramatic IPO day rallies for a fintech firm in recent years. The trading volume crossed 9.86 million shares by 12:50 PM EDT, reflecting intense investor interest.

The bullish sentiment by market participants has provided the 200% premium over its initial public offering price of $31.

At press time price has dropped down to $79.56, showing great volatility in the market.

According to data from the market dashboard:

Day’s Range: $66.60 – $103.75
Market Cap: $17B
52-Week Range: $66.60 – $103.75
Previous Close: $31.00

Circle’s listing comes at a pivotal moment for the crypto industry, as regulators and institutions increasingly embrace blockchain-based financial infrastructure. The IPO, long anticipated since Circle first filed to go public, was seen as a bellwether for the broader stablecoin market.

The rally positions Circle among the top-performing IPOs of 2025 and strengthens its foothold in traditional financial markets. Analysts say the surge signals strong market confidence in regulated digital finance and the growing role of USDC as a stable, compliant digital dollar alternative.

Also Read: Stablecoin Issuer Circle Goes Public on NYSE with CRCL Ticker

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June 5, 2025 0 comments