Bitwise Chief Investment Officer Matt Hougan said the “brutal” cryptocurrency market is no longer the “belle of the ball,” as digital assets are increasingly becoming a contrarian investment. In his latest memo, Hougan flagged three factors influencing the market, beginning with crypto’s struggle to attract investor enthusiasm as prices remain under pressure and momentum fades. […]
Hyperliquid’s native cryptocurrency, HYPE, has become one of the strongest performers in the crypto markets over the past few weeks. Just today, it exploded to a fresh all-time high above $73. The move comes amid a broader wave of institutional interest, strong ETF inflows, and continued momentum in the platform’s position as a leading on-chain […]
Through HIP-3, Hyperliquid enables independent builders to construct markets that tap into the exchange’s existing architecture and liquidity. This has made it possible for venues to build tokenized stocks and even “pre-markets” for stocks that have yet to conduct an initial public offering. Ventuals is one such exchange that allows users to trade pre-markets for […]
Last week saw heavy outflows in crypto-related exchange-traded funds, while a memory chip ETF became one of the fastest-growing funds in history. Bitcoin’s price failed to chart notable gains in the interim and is up by 0.6%. Many altcoins saw similar price action, with a few exceptions, such as Hyperliquid’s HYPE, which soared by around […]
Coinbase announced that it is expanding support for USDC on Hyperliquid by becoming the official treasury deployer of USDC under Hyperliquid’s Aligned Quote Asset (AQA) framework. The company said the move aims to strengthen USDC’s position as the primary stablecoin used across on-chain capital markets. USDC Strengthens Grip on Hyperliquid In the latest press release, […]
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 […]