XLM Crashes Through Support as Volume Doubles in 24 Hours

[Hut 8 Secures $330 Million Credit Financing to Support Its 1.5 GW Expansion Plan] According to Jinse Finance, cryptocurrency mining company Hut 8 has secured a total of $330 million in credit financing, including a $200 million revolving credit facility from digital asset investment firm Two Prime and a $130 million credit facility from Coinbase. The new funds are intended to support a 1.5 GW capacity expansion plan in the United States, with four large-scale infrastructure developments expected in Louisiana, Texas, and Illinois.

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Trump Media will buy $105 million in CRO while Crypto.com takes $50 million in DJT stock as part of a partnership that makes the Cronos token central to Truth Social’s rewards system.

Institutional inflows are driving ETH's price highs, while retail DeFi activity remains subdued compared to previous cycles.

Bitwise Chainlink ETF aims to provide investors with direct exposure to LINK and has named Coinbase Custody as the proposed custodian for the tokens.