A crypto whale has opened a $14.3 million leveraged long position on Monero (XMR) through the Hyperliquid platform, betting the privacy-focused coin will rise to between $475 and $516. The whale used 4x leverage to buy 36,000 XMR, setting take-profit targets in that price range, signaling strong bullish sentiment despite Monero's association with illicit activities. Monero has gained attention recently due to technological upgrades enhancing privacy and growing demand for privacy coins. However, it remains linked to illicit fund flows, as recent laundering and hacking incidents involved converting stolen assets into XMR. The position highlights both the risks and potential rewards in trading privacy cryptocurrencies.
Pump.fun surged 14.4% to $0.002707, pushing its market cap to $1.07 billion, leading Thursday's crypto gainers. Despite no specific news, its gamified DeFi staking rewards continue to attract attention. Other notable gainers include Canton (+7.7%), B...
In the first week of August 2026, the cryptocurrency market surged with total capitalization rising from under $2.2 trillion to $2.9 trillion. Bitcoin led the rally, climbing over 3% to surpass $65,300 despite regulatory setbacks from the U.S. Senate...
