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Kraken Parent Payward Eyes Hyperliquid for U.S. Perpetual Futures

Payward plans to deploy U.S. perpetual futures markets on Hyperliquid’s HIP-3. Bitnomial would handle market administration, clearing and contract settlement. The proposed markets require regulatory approval before U.S. clients can trade. Payward, Kraken’s parent company, plans to offer onchain perpetual futures to eligible U.S. clients through Hyperliquid, subject to regulatory...

X Introduces Cashtag Trading With U.S. Brokerages

Cashtags now connect market updates with trading platforms as X expands access to crypto and stock transactions. X has launched a new Cashtag Partner Program in the U.S., allowing users to access brokerage services directly from financial posts on the platform. The update allows users to view market information and...

Bitcoin Miners Start Exiting as Profit Margins Collapse Under Record Costs

Record mining costs are changing the industry as firms exit Bitcoin production and pursue AI-driven business opportunities. Bitcoin miners are facing a difficult period as rising expenses and weaker revenues pressure operations across the industry. CoinShares’ latest quarterly mining review shows that listed miners fell below cash breakeven levels in...

Bitcoin’s Drop Looks Like 2022 All Over Again

Bitcoin’s monthly chart is repeating its 2022 setup as the CLARITY Act stalls again in the Senate, with key support and volatility levels now in focus. Under $78,000 is where Bitcoin ended up this week, and the timing wasn’t great, right as the Senate’s CLARITY Act vote hit trouble again....