2025-12-09 Tuesday

Crypto News

Indulge in the Hottest Crypto News and Market Updates
Hyperliquid Strategies Launches $30M Stock Buyback Program

Hyperliquid Strategies Launches $30M Stock Buyback Program

The post Hyperliquid Strategies Launches $30M Stock Buyback Program appeared on BitcoinEthereumNews.com. In Brief Hyperliquid Strategies to repurchase up to $30M of its stock over 12 months. The buyback aims to increase shareholders’ exposure to the HYPE token ecosystem. The move follows Hyperliquid’s recent Nasdaq listing and completed SPAC merger. Hyperliquid Strategies Inc. (NASDAQ: PURR) has announced a stock buyback program worth up to $30 million over 12 months. The initiative allows repurchases through open market transactions, private deals, or other methods compliant with federal securities laws. The company stated that actual repurchase timing and quantity will depend on market conditions and internal decisions. The program may be extended, paused, or canceled at the company’s discretion without prior notice. Hyperliquid Strategies Inc ( $PURR) Announces $30 million Stock Repurchase Program.Par value $0.01 per share. The stock repurchase program will be in place for up to 12 months. pic.twitter.com/rkzOusi9n7 — Hyperliquid News (@HyperliquidNews) December 8, 2025 Hyperliquid Strategies aims to boost per-share exposure to HYPE, the native token of the Hyperliquid ecosystem. The company continues focusing on maximizing shareholder value through active treasury management. Program Follows Strategic Merger and Public Market Debut The buyback plan comes shortly after the company’s merger between Sonnet BioTherapeutics and SPAC Rorschach was finalized on December 2. Shares of PURR began trading on Nasdaq on December 3, and the stock currently trades near $3.64. Hyperliquid Strategies is one of the largest holders of the HYPE token, valued near $29 as of the latest data. The company previously committed to deploying its HYPE holdings into staking and DeFi strategies to support long-term performance. The firm is supported by investors including D1 Capital, Galaxy Digital, and Pantera Capital, and chaired by former Barclays CEO Bob Diamond. It filed an S-1 to raise up to $1 billion to fund its digital asset treasury activities. Unlike other crypto firms, Hyperliquid Strategies did…
Share
BitcoinEthereumNews2025/12/09 05:43
Major Banks Rush to Get Crypto Charters in 2025

Major Banks Rush to Get Crypto Charters in 2025

The post Major Banks Rush to Get Crypto Charters in 2025 appeared on BitcoinEthereumNews.com. Key Highlights In the latest statement, the OCC revealed a major development that approves new federally chartered banks This might open the door for crypto and fintech companies to become regulated institutions An OCC official has raised his support for the authority of existing trust banks to hold digital assets for clients, stating that they have legally provided this custody service for decades and that crypto is not different  The U.S.’s leading banking regulator has revealed that many new federally chartered banks are going to be approved soon and stated that firms working with digital assets should have a clear regulatory framework to become regulated banks.  Our first public panel of the day: @USComptroller Jonathan Gould delivers a keynote and sits for a conversation to discuss the @USOCC’s modernization agenda and GENIUS Act implementation. Tune in to watch the livestream here: https://t.co/6gK6lZakdz — Blockchain Association (@BlockchainAssn) December 8, 2025 US Regulator Welcomes New Crypto-Friendly Banks Comptroller of the Currency’s head, Jonathan V. Gould, shared a statement at a Blockchain Association Summit on December 8, where he unveiled the regulator’s plan to integrate financial innovations into the existing financial infrastructure. In his official statement, he slammed the last 15 years of “completely stagnated” new bank formations by blaming regulators for discouraging applicants.  “Over the past 15 years, de novo chartering has completely stagnated. In the late 1990s, the OCC received over 100 de novo charter applications each year, and nearly 50 per year in the early 2000s. But from 2011 through 2024, the OCC received, on average, less than four charter applications per year,” he said. Jonathan V. Gould further added into his statement, “Following the financial crisis, there were years when the OCC received only one or two charter applications—as well as years when the OCC did not receive a…
Share
BitcoinEthereumNews2025/12/09 05:26
XRP stays resilient despite 510mln sell-off – Why THIS zone matters now

XRP stays resilient despite 510mln sell-off – Why THIS zone matters now

The post XRP stays resilient despite 510mln sell-off – Why THIS zone matters now appeared on BitcoinEthereumNews.com. XRP had a tense week as whales offloaded 510 million tokens, triggering intense debate over whether the market could absorb the sudden supply shock.  Over several sessions, whales keep trimming positions, and the flows create sharp swings around short-term support.  However, Ripple [XRP] continues holding above the rising trendline, which shows buyers refuse to panic.  Moreover, XRP volatility tightens as the broader market slows. XRP now trades inside a compressed structure, and traders remain sensitive to any shift in whale behavior.  Even so, markets keep watching if additional selling creates deeper stress around the $2.02 zone. Are buyers absorbing the whale pressure? Taker Buy CVD strengthened during the week, and buyers absorbed whale supply instead of allowing a deeper slide. That trend showed steady conviction, which helped XRP maintain balance while large wallets reduced exposure. On top of that, consistent spot aggression suggested that active buyers expected a rebound inside the triangle. Even so, absorption alone could not sustain the price unless momentum continued to expand. This left the CVD trend as a vital gauge for short-term direction. Each uptick showed buyers still defended key levels. As long as CVD dominance stayed intact, XRP retained enough strength to limit breakdown risk near the rising support base. Source: CryptoQuant Why does a 71% NVT drop matter now? The NVT Ratio fell 71.13% to 154.70, improving XRP’s on-chain efficiency at a crucial time. That shift suggested stronger transactional support, giving XRP some stability despite continued whale selling. By contrast, falling NVT readings often signaled healthier usage relative to valuation, which supported longer-term resilience. Even so, markets still required technical confirmation because on-chain strength alone could not drive breakout momentum. This improvement, however, offered a counterweight to short-term selling pressure as XRP responded to rising network activity. Source: CryptoQuant Can XRP break free…
Share
BitcoinEthereumNews2025/12/09 05:03