Trading Signals News & Guides

Wall Street kicks off on a high note as stocks continue to rise, with S&P 500 and Nasdaq breaking records. Market optimism is fueled by hopeful plans of the Federal Reserve to slash interest rates in September. Cryptocurrency also mirrors this bullish trend as prominent altcoins, led by Ethereum, rally. This upbeat market state is driven by certain regulatory news and the growing popularity of crypto treasury companies.

HLP0, a platform providing tokenized representation of Hyperliquids HLP vault, faces backlash as user funds are redirected from the multi-sig and bridged to Avalanche and Arbitrum DeFi protocols, instead of contributing to the HLP vault. The total-value locked (TVL) of HLP0 is around $40 million and a major portion of that has been relocated to Avalanche. The creators aim to integrate the HLP0 token with Hyperliquids’ CoreWriter to make it decentralized and secure.

Tornado Cash co-founder Roman Storm’s guilty verdict poses potential legal risks for crypto developers, particularly in privacy-centered projects. This raises questions about developer liability and could significantly affect DeFi innovation. The controversial case could set a dangerous precedent, potentially dimming the core idea of creating open, permissionless systems in DeFi. The ongoing legal battle emphasizes the need for comprehensive regulation, safeguarding responsible innovation without stifling it.

BitGo, a US-regulated crypto custodian, is safeguarding assets for the first spot Bitcoin exchange-traded fund (ETF) in Central Asia, launched on Kazakhstan’s Astana International Exchange. Managed by Fonte Capital, the ETF offers indirect Bitcoin investment access to a diverse range of investors. The spotlight on BitGo’s role illustrates the double-edged nature of having such platforms in global spot Bitcoin products.

Ethereum’s price has surged by 10% nearing its all-time high with over $2.3 billion invested in spot Ethereum ETFs in less than a week. Traders speculate ETH could reach $13,000 once price discovery begins. Increased demand, steady capital inflows, and growing daily transaction count suggest bullish signals for ETH, driving interest for further upside.

Ethena shows strong bullish momentum, with key support at $0.67 and potential for advance towards $0.96. This crypto analysis provides technical insights on Ethena’s market structure, volume profile, and upcoming price action based on Fibonacci retracement and yearly high resistance.

Coinbase’s Chief Legal Officer, Paul Grewal, proposes the use of cryptographic privacy tools such as zero-knowledge proofs to modernize the outdated U.S. Bank Secrecy Act. The proposal comes after a massive Coinbase data breach affecting nearly 70,000 customers. The use of zero-knowledge proofs could potentially reduce storing sensitive data risks and offer a more precise and privacy-preserving alternative. However, there are significant legal and practical hurdles to this implementation, including regulatory reform and implementation costs.

BNB price rises above $810, targeting a new resistance level at $815. The surge in crypto value follows corporate adoption by CEA Industries and others, marking a disciplined price action associated with institutional accumulation. The article discusses technical analysis, key resistance barriers, trading range, and expected bullish momentum for BNB.

Crypto markets rally with Bitcoin and Ethereum witnessing nearly 2% gains amidst renewed investor optimism fueled by pro-crypto signals from U.S. policymakers and President Trump. The article details the cryptocurrency market capitalization, trading volumes, liquidations, and flows in Bitcoin and Ethereum ETFs. It also discusses key regulatory signals from US authorities like the SEC and CFTC and their potential impact on the market sentiment.

The U.S. SEC has issued new guidelines classifying stablecoins as cash equivalents under accounting standards, according to a Bloomberg report. This could boost mainstream financial institutions’ interaction with stablecoins, especially for settlements and cross-border transactions. However, experts warn that the move could stifle innovation if the SEC’s definition of guaranteed redemption is too narrow. The news follows the recent announcement of Project Crypto, an initiative aimed at onboarding traditional finance infrastructure onto the blockchain. The total market cap of all stablecoins currently stands over $268 billion, a 63% increase since August 2024.

Gemini, the US cryptocurrency exchange, is reportedly preparing to expand into decentralized finance with the launch of Gemini Onchain. The platform appears to be a DeFi protocol aggregator, allowing users to perform token swaps, allocate assets into yield-bearing vaults, and access popular decentralized exchanges and other DeFi protocols. This move signals Gemini’s effort to integrate CeFi and DeFi services, which follows similar trends by other major exchanges such as Coinbase, Kraken, Binance and OKX.

Crypto exchange Bullish increases its initial public offering to $990 million, with aims to sell 30 million shares at $32 to $33 each. Bullish is a subsidiary of CoinDesk and one of many crypto firms capitalizing on the booming IPO market. Also, funds managed by BlackRock and Ark Investment have expressed interest in purchasing $200 million worth of shares.