Key updates include Hyperliquid's $176 million long position, Binance's zkVerify listing with airdrop, and increasing crypto institutional adoption, while analysts raise concerns about USD weakness.
Recent updates show significant movements in the crypto space, including Huang Li-Cheng’s $176 million long position in Hyperliquid, Binance listing zkVerify (VFY) with an airdrop threshold, and a 21x growth in USDT supply on Spark Protocol. Societe Generale’s crypto arm launched EUR and USD stablecoins on Uniswap and Morpho. Meanwhile, analysts warn of potential USD weakness amid government shutdown risks, Binance’s altcoin perpetual contracts reached a record 82.3% trading share, Alameda Research received 500 BTC, FTX will distribute $1.6 billion to creditors today, and Matrixport notes Ethereum retesting key support levels.