Whale entity Garrett Jin closed out his long Bitcoin position 20 minutes ago, earning a profit of $8.38 million.

Bitcoin Volmex Implied Volatility Index (BVIV) perpetual contracts officially launched on Hyperliquid on Monday, offering on-chain exchange users a way to bet on the magnitude of Bitcoin’s price fluctuations rather than its price direction. Widely dubbed the “Bitcoin VIX,” the BVIV index tracks the real-time implied or expected volatility of the cryptocurrency over the next 30 days. It is similar to the Chicago Board Options Exchange (Cboe) VIX index, which measures the 30-day implied volatility of the S&P 500 index. The newly launched perpetual contracts allow traders to go long or short on the volatility index directly, eliminating the need to express volatility views indirectly via options—thus avoiding high capital requirements and the need for specialized derivatives trading expertise.

Morgan Stanley raised Marvell Technology (MRVL.O)’s target price from $246.00 to $268.00.

According to HTX market data, BNB has risen above $790, currently trading at $790.86, with a 5.12% increase in the past 24 hours.

According to market data from BIT (bit.com), Hyperliquid's fully diluted valuation (FDV) has surpassed that of the Nasdaq and London Stock Exchange.

Boyaa Interactive announced that over the past week, it completed a series of open market transactions to purchase an additional total of approximately 152 Bitcoin, with a total consideration of around HK$90.63 million (equivalent to roughly US$11.56 million), at an average cost of approximately US$75,899 per Bitcoin.

Federal Reserve's Austan Goolsbee stated that he has no objection to interest rate cuts if there is conclusive evidence showing inflation is falling back to the 2% target.