Category: Sport

Gumi’s Q1 profit surged as cryptocurrency revaluation offset steep mobile game revenue decline. Bitcoin and planned XRP purchases produced $17 million in non-operating income. Mobile gaming sales plunged 66.5% due to title exits and subsidiary divestiture. Tokyo-based mobile game developer gumi posted a sharp turnaround in quarterly profits as cryptocurrency holdings significantly boosted earnings. Despite […]

Cooling US inflation data (PPI and CPI) sparked a relief rally in crypto markets last week. The surge was led by major altcoins, with Solana and Ethereum’s ecosystems showing strong on-chain metrics. Investors are now focused on this week’s FOMC meeting and Powell’s speech for the market’s next direction. Welcome to the Asia Pacific Morning […]

Ethereum’s rally toward $5,000 is being fueled by dual momentum from institutional inflows into ETFs and rising on-chain activity. Large investors have accumulated millions of ETH while staking activity has locked up nearly 30% of the digital asset’s total supply. At the same time, record daily transactions and smart contract usage highlight ETH’s shift to […]

Kraken Turns Crypto Trading Into Sports-Style Bet With New “Perps” Contracts  Finance Magnates

Crypto whales boosted holdings in ONDO, buying 23.73 million tokens and driving a 21% price surge with potential upside to $1.135. Meme coin MELANIA gained whale interest, with holdings up 3% and price climbing nearly 10%, eyeing a rally toward $0.2237. MYX soared 1,000% as whales lifted stakes by 17% to 22.21 million tokens, pushing […]

Arthur Hayes argued that Hyperliquid’s HYPE token could hit $5,000 if there is a massive expansion in stablecoin supply during a debased market. He believes this would unleash a wave of speculative trading as retail investors chase high-risk leverage opportunities, boosting demand for the DEX. In such a risk-on environment, Hayes said HYPE would benefit […]