Gate launched its 54th Contract Points Airdrop, with a single account earning over $27.

The post MetaMask to Integrate Hyperliquid’s Perpetuals In-Wallet Following mUSD Launch appeared on BitcoinEthereumNews.com. Crypto wallet MetaMask looks set to integrate Hyperliquid’s perpetuals trading on its platform. This development follows the wallet’s rollout of its mUSD stablecoin and amid plans to launch a native token. MetaMask To Launch Hyperliquid’s Perpetuals In-Wallet GitHub documents show that the wallet plans to integrate Hyperliquid perpetuals trading with deposit functionality. The pull request showed the implementation of a change that would enable users to deposit USDC from their wallet to their Perps trading account. This development follows the launch of MetaMask’s mUSD stablecoin, which could also play a major role in this integration. It is worth mentioning that the crypto wallet platform won’t be the first to integrate Hyperliquid’s Perps. In July earlier this year, Solana wallet Phantom introduced in-wallet perpetual futures trading with over 100 markets and leverage through its partnership with the decentralized exchange. Meanwhile, it is worth mentioning that MetaMask has yet to reveal when it will roll out this Hyperliquid feature. Crypto researcher Eric predicts that this could happen in the next couple of weeks and that the crypto wallet platform may announce it at the Token 2049 Conference during the Hypurreco event. He further remarked that MetaMask may reveal a points campaign alongside the Hyperliquid announcement, having confirmed that they are launching a token. Eric added that “all roads lead to Hyperliquid.” This could mark another major win for Hyperliquid’s adoption, considering the number of users that the wallet boasts. Notably, USDC issuer Circle just announced its HYPE investment and the launch of native USDC on Hyperliquid’s network, HyperEVM. Integration Could Double The DEX’s Perps Volume In an X post, market expert Ryan predicted that MetaMask’s integration could double Hyperliquid’s $8 billion to $10 billion daily perpetuals volume if all its users participate in using the trading product. He added that it could…

The post Scott Bessent says yuan drop against euro is Europe’s problem, not America’s appeared on BitcoinEthereumNews.com. U.S. Treasury Secretary Scott Bessent said in Madrid on Thursday that the slump in China’s currency isn’t a problem for the United States, it’s Europe that should be worried. Speaking during a joint interview with Reuters and Bloomberg, Scott made the comments after meetings with Chinese Vice Premier He Lifeng as part of the U.S.-China trade discussions, which also included talks on TikTok. He made it clear that the yuan, also known as the renminbi, has actually strengthened against the U.S. dollar this year, but collapsed to a record low against the euro. “The RMB is actually stronger this year versus the dollar. Now it’s at an all-time low versus the euro, which is a problem for the Europeans,” Scott, rejecting the idea that Beijing was trying to devalue its currency to gain an unfair edge against Washington. He said Chinese officials haven’t tried anything of the sort with the U.S. and explained the reality behind the currency’s movement: “It’s a closed currency. So they manage the level.” Yuan collapse helps Chinese exports flood europe Since January, the yuan has plunged from 7.5 per euro to over 8.4, triggering concerns across Europe. Meanwhile, against the dollar, it’s gained slightly from 7.3 to 7.1. This divergence has created a lopsided trade dynamic, because while the U.S. has seen its imports from China drop 14% due to aggressive tariffs, Europe has recorded a 6.9% increase in trade with China. So, Scott said the U.S. tariffs are doing what they were meant to do, cutting down the trade deficit. But the redirected flow of Chinese goods is now landing in European markets instead, where the yuan’s weakness is making Chinese exports even cheaper in euro terms. The weakening of the yuan is hitting Europe at a sensitive time, as the European Central Bank…

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