Russia’s largest bank, Sber, has introduced a Bitcoin-linked bond product, marking a significant step in integrating cryptocurrency with traditional financial markets. This innovative bond tracks Bitcoin’s price movements alongside the
According to Farside Investors, the US Bitcoin spot ETF experienced a significant net outflow of $267.5 million on June 2nd. Notably, the IBIT ETF accounted for nearly half of this
Russia’s largest commercial bank, Sber, launched a Bitcoin-linked bond product that’s now trading on OTC markets and may soon be listed on the country's top stock exchange.
Ethereum has led digital asset inflows over the past week, marking its strongest run since early 2024. With $321 million in inflows in the past seven days, Ethereum extended its winning streak to six consecutive weeks. This brings the total for this timeframe to $1.19 billion, the most since December 2024, which reflected “a decisive improvement in sentiment” according to CoinShares. Digital Asset AUM Drops Despite Ethereum’s Inflow Streak According to the latest edition of the ‘Digital Asset Fund Flows Weekly Report ,’ digital asset investment products recorded $286 million in inflows last week, which extended their seven-week streak to $10.9 billion. However, total assets under management dropped from $187 billion to $177 billion due to market volatility spurred by U.S. tariff concerns. Bitcoin started the week with solid inflows, but momentum shifted mid-week after a New York Court ruled US tariffs illegal, leading to $8 million in outflows by week’s end – the first dip after six straight weeks of $9.6 billion inflows. Meanwhile, there were $3.6 million in outflows from short Bitcoin funds last week, suggesting traders are less confident that BTC will fall. Ethereum dominated inflows this week, but Sui, Solana, and Chainlink also saw modest gains of $2.2 million, $1.5 million, and $0.8 million, respectively, while Cardano posted a minor $0.1 million in weekly inflows. On the other hand, XRP led the outflows this week, shedding over $28 million. Multi-asset investment products also saw $2.4 million in outflows during the same period. Investor Focus Diversifies Investor attention slightly shifted away from the United States, though it still brought in $199 million in inflows last week. Germany followed with $42.9 million, and Australia attracted $21.5 million. Hong Kong stood out, recording its highest weekly inflow – $54.8 million – since the launch of its exchange-traded products over a year ago. Canada settled for $4.5 million in inflows. The same cannot be said for Switzerland, which bucked the trend, as it faced $32.8 million in outflows, which made it one of the few countries with net outflows so far this year. The post Ethereum Extends Winning Streak to 6 Weeks, Inflows Hit $1.19 Billion appeared first on CryptoPotato .
XRP is on the verge of a significant breakout, with a close above $2.30 potentially triggering a powerful parabolic surge in price. Technical analysis indicates the formation of a Double
According to recent data from Bitwise, institutional investors have significantly influenced the Bitcoin market since 2025, acquiring a substantial 417,000 BTC. This trend highlights a growing preference among large-scale buyers
The Trump administration has officially rescinded the Biden-era guidance cautioning against cryptocurrency investments within 401(k) retirement plans, signaling a regulatory shift. This policy reversal aims to empower fiduciaries with greater
Reitar Logtech Holdings Ltd has announced a landmark $1.5 billion investment in Bitcoin, marking a significant strategic shift in corporate treasury management within the logistics and real estate sectors. This
The post Crypto News: Binance to List Hyperliquid ($HYPE), Will the 63% Average Token Surge Repeat? appeared first on Coinpedia Fintech News Binance U.S. is all set to launch spot trading for Hyperliquid (HYPE) soon. HYPE is the native token of the Hyperliquid decentralized exchange. This news sparked a rally, pushing HYPE over 6% in the past 24 hours. Although the listing update did not share many details, and it’s unclear when HYPE will go live, still, the news is considered bullish for the token. The $HYPE is real. Spot trading for @HyperliquidX is coming soon to https://t.co/AZwoBOh0gq . Follow us to get notified when our new listing goes live. pic.twitter.com/CrpenFv2uh — Binance.US (@BinanceUS) June 2, 2025 Research from 0xMether shows that when tokens get listed on Binance spot markets, they typically jump an average of 63.6% in price (with a median increase of 26%) and keep a strong 29.2% gain even after 7 days. Therefore, a Binance spot listing typically results in a major price increase for tokens like Hyperliquid (HYPE). Hyperliquid’s Breakout Month: Record Volumes and Whale Trades Hyperliquid has been gaining market strength lately. It recently beat dYdX’s trading volume and passed Sui’s market cap days later. Later, after a trading surge spared by whale James Wynn, the market reached $8.6 billion in daily volume last week. Perpetual DEX volume has exploded in two years from $40.7B in May 2023 to $382.3B in May 2025. Hyperliquid alone handled $264B in May 2025, beating last year’s entire perpetual DEX market by $30B. May was a record month for Hyperliquid, with buybacks up 63% to $67.6M thanks to big trades, a Bitcoin rally that stirred market action, and the platform hit record-high fees. Just recently, Binance Futures launched the HYPEUSDT perpetual contract on May 30. Criticism Over Binance Listing However, there were some criticisms of this move. Some community members were skeptical of the recent tension between the two companies, where Binance was accused of making the JELLYJELLY short squeeze on Hyperliquid worse, which caused bigger losses for the platform. One user shared that they don’t get why Binance US is listing Hyperliquid now. After openly criticizing Hyperliquid, this move might attract more attention from regulators. Some users are even accusing Binance and Hyperliquid of working against each other, but there has been no proof. Who Will List First? The community awaits further details on the listing. HYPE’s price rise is boosting the platform’s momentum. It remains to be seen who lists HYPE spot first in the U.S.: Kraken, Binance US, or Coinbase. One social media user also pointed out that Binance followed Coinbase in listing HYPE perpetual contracts just one day later. So whichever top exchange lists HYPE spot first could spark others to follow quickly.
The Commodity Futures Trading Commission (CFTC) is undergoing significant leadership changes amid congressional efforts to expand its regulatory authority over digital assets. This transition period presents both challenges and opportunities