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October 24, 2025The Crypto Basic logoThe Crypto Basic

Major Whale Opens $40M Leveraged Long on HYPE Amid Hyperliquid’s $1B Equity Raise

Whales are ramping up long positions in HYPE after Hyperliquid Strategies announced a $1 billion plan to expand its holdings. Specifically, a major whale wallet identified as 0x082e has been aggressively building leveraged long positions in HYPE, the token powering the decentralized exchange ￰0￱ Website

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Trump Grants Pardon to Binance Founder Changpeng Zhao

Trump Grants Pardon to Binance Founder Changpeng Zhao

The move was confirmed by Binance, and follows months of speculation and lobbying. The decision now allows Zhao — who pleaded guilty in 2023 to violating the Bank Secrecy Act — to potentially return t...

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1 min
Trump Pardons Binance Founder CZ: BNB Rises Amid Potential US Crypto Policy Shift

Trump Pardons Binance Founder CZ: BNB Rises Amid Potential US Crypto Policy Shift

U.S. President Donald Trump has granted a full pardon to Changpeng Zhao, founder of Binance, known as CZ. This decision follows Zhao’s 2023 guilty plea to anti-money laundering violations and...

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1 min
Ethereum Selling Pressure Signals Potential Volatility, Eyes $3.4K Support

Ethereum Selling Pressure Signals Potential Volatility, Eyes $3.4K Support

Ethereum faces short-term selling pressure amid consolidation, with exchange inflows rising to +3k ETH from -31k, signaling potential volatility. Derivatives show deleveraged open interest at $19-20 b...

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1 min