hodler

2 Jun 2026, 20:09

Coinbase backs Ethena ahead of savings product launch for exchange's 100 million users

Coinbase Ventures, the exchange's venture arm, bought Ethena tokens on the open market as the protocol is set to roll out a Coinbase integration next week.

2 Jun 2026, 19:16

Hyperliquid Overtakes Dogecoin to Enter Global Top Ten as HYPE Sets New All-Time High

Hyperliquid’s native token HYPE has broken into the top ten cryptocurrencies by market capitalisation, briefly surpassing Dogecoin (DOGE) to reach as high as ninth on global rankings. The token hit a new all-time high of $75.51 on June 2, capping a week that saw it post gains exceeding nine percent and attracting fresh attention from institutional participants and prominent industry voices alike. HYPE’s market capitalisation ranged between $15.4 billion and $18.5 billion across late May and early June, with the token trading in the $69 to $75 range depending on intraday moves. Daily trading volume on the Hyperliquid protocol has routinely exceeded $1 billion, while cumulative protocol revenue has now crossed $1.16 billion since the platform launched. Both metrics represent all-time highs for the project. Hyperliquid operates a high-performance Layer-1 blockchain built specifically for decentralised perpetual futures and spot trading. Its architecture delivers sub-second transaction finality, an on-chain central limit order book, and gasless trading, allowing it to compete with centralised exchange speeds while remaining fully decentralised. Nearly all trading fees are channelled into an Assistance Fund that conducts continuous HYPE buybacks and token burns, creating a direct link between platform usage and token value accrual. Four factors are driving the current price momentum. The first is a regulatory shift in the United States. The Commodity Futures Trading Commission recently approved the first regulated perpetual futures contract for the US market, historically a product that regulators had viewed with deep scepticism and effectively forced offshore. That decision materially widens the addressable market for Hyperliquid’s core product. The second catalyst is the launch of spot exchange-traded funds, including Bitwise’s BHYP product, which has brought new institutional inflows into the token. Third, the platform has now accumulated more than two million wallet addresses, a user growth rate that validates demand beyond speculative trading. Fourth, the deflationary buyback mechanism ensures that rising revenue translates directly into reduced circulating supply. BitMEX co-founder Arthur Hayes stated publicly on June 1 that HYPE should at a minimum overtake Solana’s market capitalisation before the current bull market cycle ends. At the time of his comments, Solana’s market cap stood at approximately $47.7 billion against HYPE’s roughly $15 billion, implying a potential tripling in value if his thesis proves correct. The token’s rise signals a broader shift in market preferences. Dogecoin, which HYPE has now surpassed, is a meme-driven asset with no protocol revenue, governance function, or deflationary mechanism. The fact that a decentralised exchange token has overtaken it in value ranking is being interpreted across the industry as evidence that the 2026 market cycle favours assets with clear revenue streams and on-chain utility over legacy meme coins. Looking ahead, a significant supply event is approaching. Data from Tokenomist shows that approximately $684 million worth of HYPE tokens are scheduled for unlock on June 6, part of a broader week of over $700 million in token releases across the market. How HYPE absorbs that supply event will be closely watched as a test of whether the current momentum has fundamental depth behind it.

2 Jun 2026, 18:35

Movement relaunches as Layer 1 focused on stablecoin settlement after token-dumping scandal

Movement, the blockchain project that faced a token-dumping scandal that led to the removal of its co-founder Rushi Manche last year, has relaunched as a standalone Layer 1 network targeting stablecoin payments and remittances in emerging markets. Current CEO Torab Torabi announced the pivot , adding that it comes with partnerships, one of which is Circle, and access to licensed payment infrastructure across the US, Canada, and the European Union. How did Movement move from Ethereum Layer 2 to a sovereign chain? Movement initially started out as an Ethereum Layer 2 built on the Move programming language, the same code Facebook developed for the abandoned Libra/Diem project. Torabi reportedly stated that the old network was a “Frankenstein” chain that was put together from components like Celestia for data availability, with latency around seven seconds per transaction. “If you’re seven seconds in L2, what the hell is the point of you existing to begin with, right?” Torabi said in an interview. Movement’s new architecture runs its own validator set on a dedicated Layer 1, targeting settlement times under 500 milliseconds, which is over fourteen times faster than seven seconds. Dozens of Ethereum scaling networks compete for users and liquidity, and now some projects are abandoning the general-purpose rollup thesis in favor of specialized applications. Polygon is reported to have made a similar shift toward payments infrastructure. Stablecoin rails and emerging market ambitions Move Industries, the entity that assumed core development responsibilities after the scandal, has lined up partnerships with Circle, wallet startups KAST and Sorted, and tokenization projects including Oro, Yuzu Money, and Zoth, according to its announcement. Circle launched USDCx as a natively issued stablecoin on Movement in March 2026 to support payments, treasury, and savings products, according to Circle’s own announcement on X. Torabi stated that the company’s ambitions are focused on the roughly $685 billion remittance market serving low and middle-income countries. According to the CEO, Movement is no longer a crypto company. “We are a fintech company that uses blockchain rails,” he told The Block. However, that market is not free from competition, as the likes of Stripe and Paradigm are building out Tempo, major institutions back Canton, and established chains like Solana and Ethereum already process significant stablecoin volume. Torabi acknowledged the pressure but said many of Movement’s new partnerships came inbound. He said, “Circle was pretty aggressive in wanting to obviously win market share in ‘the countries you can’t pronounce.'” Cleaning up the token mess The relaunch also involved financial restructuring. The Movement Network Foundation repurchased around 19% of tokens that had been allocated to investors, equivalent to about 4.2% of the total supply. According to Torabi, the buyback was a chance to bring in investors aligned with the new direction. Analysts say that this cleanup was necessary. In early 2025, a Binance investigation found that Rentech, a market maker connected to Movement, controlled 66 million MOVE tokens (about 5% of the total supply) and sold them immediately after the token’s debut. This action led to a $38 million sell-off, causing both Binance and Coinbase to suspend MOVE trading. It was later reported that leaked internal documents showed Movement Labs had promised as much as 10% of the token supply to shadow advisers through undisclosed agreements, making the fallout take a turn for the worse. The then-CEO and cofounder, Manche, was let go by Movement Labs in May 2025 after an internal investigation tied him to the $38 million market manipulation incident. He went on to launch Nyx Group in December 2025, a $100 million investment vehicle backing blockchain founders. The MOVE token currently trades around $0.014, according to CoinMarketCap , down from an all-time high of $1.45 in December 2024, a decline of over 99%. Torabi claims the project has kept more than 90% of its team since the scandal, stating that the retention rate is a sign that builders still believe in the underlying technology even if the brand took damage. Movement is now putting the incident in its past and charting a new path under its new leadership, and this time around, it is betting its future on financial services and hoping that its latest pivot is enough to make users forgive its past misgivings. If you're reading this, you’re already ahead. Stay there with our newsletter .

2 Jun 2026, 17:20

Tether Wallet Now Supports the Tron Network for USDT Transactions

BitcoinWorld Tether Wallet Now Supports the Tron Network for USDT Transactions Tether, the company behind the world’s largest stablecoin by market capitalization, USDT, has expanded its official wallet’s capabilities. The Tether Wallet now supports the Tron (TRX) network, allowing users to send, receive, and store TRC-20 based USDT directly within the application. The announcement was made via Tether’s official X account, marking a significant integration for users who rely on the Tron blockchain for its low transaction fees and high speed. What This Integration Means for Users By adding support for the Tron network, the Tether Wallet eliminates the need for users to manage separate wallets or use third-party bridges when handling TRC-20 USDT. This move streamlines the user experience for the millions of individuals and businesses that use USDT on Tron for remittances, trading, and decentralized finance (DeFi) applications. The Tron network is one of the most widely used blockchains for USDT, hosting a substantial portion of the stablecoin’s total circulating supply. Strategic Context and Industry Impact This integration comes as Tether continues to deepen its ecosystem presence. The Tether Wallet, initially launched as a secure, non-custodial solution, previously supported networks like Ethereum and Bitcoin. Adding Tron is a logical step, given the network’s popularity for stablecoin transfers. For the broader crypto market, this development reinforces Tron’s position as a critical infrastructure layer for stablecoin liquidity, particularly in regions where fast and cheap transactions are essential. Why This Matters for Stablecoin Users USDT on the Tron network accounts for a significant volume of daily on-chain transactions. By offering native support, Tether Wallet users can now interact directly with Tron-based DeFi protocols, exchanges, and payment services without additional friction. This also reduces the risk of sending funds to the wrong network, a common error that can lead to permanent loss of assets. Conclusion The addition of Tron network support to the Tether Wallet is a practical enhancement that aligns with real-world usage patterns. It simplifies access to TRC-20 USDT, improves security by reducing third-party dependencies, and strengthens Tether’s commitment to providing a versatile, user-controlled wallet. As stablecoin adoption continues to grow, integrations like this are essential for maintaining usability across the most active blockchain networks. FAQs Q1: What is the Tether Wallet? The Tether Wallet is an official, non-custodial digital wallet developed by Tether Operations Limited. It allows users to securely store, send, and receive USDT and other supported cryptocurrencies across multiple blockchain networks. Q2: What is TRC-20 USDT? TRC-20 USDT is a version of the Tether stablecoin issued on the Tron blockchain. It benefits from Tron’s high throughput and low transaction fees, making it popular for everyday transfers and DeFi activities. Q3: Do I need to update my Tether Wallet app to use Tron? Yes, users should ensure they have the latest version of the Tether Wallet app installed. The Tron network support is enabled through a software update, and users will be able to select Tron when sending or receiving USDT within the wallet interface. This post Tether Wallet Now Supports the Tron Network for USDT Transactions first appeared on BitcoinWorld .

2 Jun 2026, 17:15

Ethereum Researchers Propose Quantum-Resistant Key Registry to Secure Network

BitcoinWorld Ethereum Researchers Propose Quantum-Resistant Key Registry to Secure Network Ethereum researchers, including prominent contributors Thomas Coratger and Justin Drake, have proposed a new design for a key registry that could serve as the first concrete step toward making the Ethereum network resistant to attacks from quantum computers. The proposal, reported by The Defiant, addresses a growing concern in the blockchain industry: the eventual ability of quantum computers to break the cryptographic keys that currently secure billions of dollars in digital assets. Why Quantum Resistance Matters for Ethereum Quantum computers, once sufficiently advanced, could theoretically break the Elliptic Curve Digital Signature Algorithm (ECDSA) and BLS (Boneh-Lynn-Shacham) signature schemes that underpin Ethereum’s security. This would allow an attacker to derive private keys from public ones, potentially stealing funds or disrupting validator operations. While large-scale, fault-tolerant quantum computers are likely years away, the Ethereum research community has begun proactive planning to ensure the network can transition smoothly before such a threat materializes. The Proposed Solution: A Post-Quantum Key Registry The research team’s proposal introduces a ‘PQ key registry’ (post-quantum key registry) that would allow validators to register new, quantum-resistant public keys while continuing to use their existing BLS-based keys for current operations. This dual-key approach is conceptually similar to issuing a more secure form of identification that is held in reserve until it is needed. The registry would be a smart contract on Ethereum that stores these new keys, ensuring transparency and decentralization. Two-Phase Transition Plan The transition is designed to occur in two distinct phases. In the first phase, validators voluntarily register their quantum-resistant keys. This phase imposes no immediate change to network operations. The second phase would be triggered once a supermajority of validators have registered their new keys. At that point, the Ethereum protocol would switch to using the registered quantum-resistant keys for signature verification, effectively upgrading the network’s cryptographic backbone without requiring a hard fork that forces all participants to upgrade simultaneously. Implications for Validators and the Ecosystem For validators, the proposal offers a non-disruptive path to enhanced security. They can generate and register their new keys at their own pace, using their existing infrastructure. For the broader Ethereum ecosystem, this proactive approach signals a commitment to long-term security and stability, which could bolster institutional confidence. The research is still in its early stages, and the team has not announced a formal Ethereum Improvement Proposal (EIP) or timeline for implementation. Conclusion The proposal by Coratger, Drake, and their colleagues represents a significant forward-looking effort to safeguard Ethereum against a future quantum threat. By introducing a voluntary key registry and a gradual transition plan, the researchers aim to minimize disruption while ensuring the network remains secure for decades to come. The crypto community will be watching closely for further technical details and a potential formal proposal. FAQs Q1: What is a quantum-resistant key? A quantum-resistant key uses cryptographic algorithms that are believed to be secure against attacks from both classical and quantum computers. Unlike current ECDSA or BLS keys, they are designed to withstand the mathematical problems that quantum computers could solve efficiently. Q2: When will quantum computers be able to break Ethereum’s encryption? Most experts agree that large-scale, fault-tolerant quantum computers capable of breaking current encryption are at least a decade away. However, the Ethereum research community is acting proactively to ensure a smooth transition well before the threat becomes imminent. Q3: Will validators be forced to upgrade? No. The proposed design is voluntary in its first phase. Validators can register new keys at their own pace. The second phase, which would switch the network to use the new keys, would only activate after a supermajority of validators have registered. This post Ethereum Researchers Propose Quantum-Resistant Key Registry to Secure Network first appeared on BitcoinWorld .

2 Jun 2026, 17:10

Artificial Superintelligence Alliance (FET) Price Outlook 2026–2030: An Editorial Analysis

BitcoinWorld Artificial Superintelligence Alliance (FET) Price Outlook 2026–2030: An Editorial Analysis The Artificial Superintelligence Alliance (FET) token, which powers the Fetch.ai network, has drawn significant attention from investors and developers alike. As the broader cryptocurrency market matures and artificial intelligence continues to reshape industries, understanding the realistic price trajectory for FET requires a careful look at its underlying technology, market adoption, and macroeconomic factors. This editorial analysis examines projections for 2026 through 2030, grounded in publicly available data and industry trends, while clearly acknowledging the inherent uncertainty in any long-term crypto forecast. Understanding the FET Ecosystem and Its Value Drivers Fetch.ai is a decentralized machine learning platform that enables autonomous agents to perform tasks such as data sharing, supply chain optimization, and energy grid management. The FET token is used for transactions, staking, and governance within this ecosystem. The project’s value is tied to real-world adoption of its technology, partnerships with enterprises, and the overall growth of the AI sector. Unlike many speculative tokens, FET has a defined utility that could support its price if adoption scales. However, competition from other AI-focused blockchain projects and regulatory developments remain significant risk factors. Price Projections for 2026 For 2026, analysts generally expect FET to trade within a range that reflects continued development and gradual enterprise adoption. Conservative estimates place the token between $1.50 and $2.50, assuming the broader crypto market remains stable and the Fetch.ai network secures additional partnerships. More optimistic scenarios, driven by a potential AI boom and increased decentralized application usage, could push prices toward $3.00 to $4.00. These projections assume no major regulatory crackdowns or security breaches. It is important to note that these are not guaranteed outcomes; the crypto market remains highly volatile. Long-Term Outlook: 2027 to 2030 Looking further ahead, projections become increasingly speculative. By 2027–2028, if Fetch.ai achieves significant integration with industries like logistics, finance, or energy, the token could see sustained demand. Some models suggest a potential range of $4.00 to $7.00, contingent on network growth and tokenomics (e.g., staking rewards reducing circulating supply). By 2030, in a best-case scenario where AI agents become mainstream and regulatory clarity exists, FET might trade between $8.00 and $12.00. However, these long-term figures are highly uncertain and depend on factors including technological breakthroughs, global economic conditions, and competition from centralized AI services. Key Factors That Could Influence FET’s Price Several elements will shape FET’s price trajectory. First, real-world adoption: the number of active agents and transactions on the network. Second, partnerships with major corporations or governments. Third, the overall health of the crypto market, which often correlates with Bitcoin’s performance. Fourth, regulatory decisions regarding AI and blockchain, particularly in the EU and US. Fifth, token supply dynamics, including staking rates and token burns. Investors should monitor these factors rather than rely solely on price predictions. Conclusion The Artificial Superintelligence Alliance (FET) presents a unique proposition at the intersection of AI and blockchain. While price predictions for 2026–2030 suggest potential growth, they are inherently speculative and should be treated as such. The most prudent approach for readers is to focus on the project’s fundamentals, adoption metrics, and broader market trends rather than short-term price targets. As with all cryptocurrencies, thorough research and risk management are essential. FAQs Q1: Is FET a good long-term investment for 2026–2030? FET’s long-term potential depends on adoption of its AI agent technology. While some analysts project growth, the crypto market is volatile and no investment is guaranteed. Diversification and due diligence are recommended. Q2: What is the main difference between FET and other AI tokens? FET is specifically designed for autonomous economic agents that can negotiate and execute tasks on behalf of users, whereas many AI tokens focus on data storage or computation. Its unique value proposition lies in agent-based automation. Q3: How does token supply affect FET’s price? FET has a capped supply with mechanisms for staking and burning, which can reduce circulating supply over time. If demand increases while supply decreases, upward price pressure may occur, but this is not guaranteed. This post Artificial Superintelligence Alliance (FET) Price Outlook 2026–2030: An Editorial Analysis first appeared on BitcoinWorld .