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Hyperliquid's HYPE token stays near all-time high despite $6.5B outflows from Bitcoin ETFs
While U.S. spot Bitcoin ETFs have seen over $6.5 billion in outflows since May, Hyperliquid's native token HYPE has remained resilient, trading near its all-time high. This strength is supported by three U.S.-based HYPE ETFs that offer brokerage acce...
Former Tether CIO Richard Heathcote seeks buyer for part of his 1.26% stake in stablecoin issuer
Richard Heathcote, the former chief investment officer of Tether, is looking to sell a portion of his 1.26% stake in the stablecoin issuer USDT. He is working with advisory firm PJT Partners to find potential buyers. Heathcote transitioned to a non-e...
Bitcoin nears cycle bottom as over half of its supply is held at a loss, signaling potential market low.
Bitcoin is approaching the bottom of its current market cycle, with data showing that more than 50% of its total supply is currently held at a loss. This suggests that many investors are underwater on their holdings, which often occurs near market lo...
