Hyperliquid (HYPE) has posted an evident recovery throughout April, with its price climbing by 7% since the beginning of the month. However, one popular analyst warned that the upswing could soon reverse into a double-digit pullback. Prepare for a Slump? Over the past few days, HYPE has consolidated around $40, while its market capitalization stands […]
Hyperliquid’s HYPE token rose 80% over the past 90 days, significantly outperforming Bitcoin’s 10% gain over the same period. This price action comes in the backdrop of a market witnessing geopolitical turmoil. However, data demonstrates that fundamentals have waned relative to HYPE’s valuation. Cooling Derivatives Momentum In his latest report, crypto analyst Michael Nadeau said […]
On-chain data reveals that BitMEX’s co-founder and former CEO has begun accumulating HYPE again after a multi-month hiatus. The most recent purchase coincides with the asset’s significant run that drove it to over $40, as well as the latest developments on Bitwise’s HYPE ETF application. Hayes Buys as Price Rockets Lookonchain updated earlier on April […]
The cryptocurrency options market is expanding rapidly as institutional investors increasingly rely on instruments that allow them to define risk when managing large digital asset positions. According to the crypto research firm Delphi Digital, trading activity in crypto derivatives has accelerated significantly. In fact, volumes on the Chicago Mercantile Exchange are currently running about 46% […]
This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) Ethereum continues to hold well above the $2,000 support level and closed the week in the green with a 1% gain. Even if this is small, it shows sellers no longer have control over the price, being unable to […]
This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) Ethereum closed the week up 2%, but the trend remains bearish, with $1,800 acting as a key support level for this downtrend. If buyers hope for a reversal in the future, then ETH needs to bounce and hold above […]
The prominent decentralized perpetual futures exchange, Hyperliquid, has surpassed Coinbase in terms of trading volume, according to Artemis. The data revealed that Hyperliquid recorded $2.6 trillion in trading volume, compared with Coinbase’s $1.4 trillion within the same timeframe. This represents nearly double the notional volume of Coinbase. Hyperliquid vs. Coinbase Findings shared by Artemis also […]
Hyperliquid (HYPE) has recovered slightly after falling below the $30 mark last week. The token is now trading at around $36, showing a 2% gain in the past 24 hours and 4% over the last 7 days. Meanwhile, this bounce comes as the market tests a key level that could determine HYPE’s next move. Retesting […]
Blockchain charts have evolved dramatically over the past year. Currently, the space is being dominated by Hyperliquid. Meanwhile, traditional heavyweights like Bitcoin, Ethereum, and Solana are falling behind fast. Hyperliquid Leads the Pack CryptoRank’s latest data found a striking reshuffling in terms of blockchain fee leadership over the past year. Hyperliquid is emerging as the […]
Hyperliquid is leading the token buyback in 2025, according to CoinGecko. The platform has allocated over $644.64 million in revenue to repurchase its HYPE tokens through its Assistance Fund, which represents 46% of all token buyback spending this year. In fact, Hyperliquid’s buyback efforts are equivalent to the combined spending of the next nine largest […]