Ark Invest's crypto research director suggests Hyperliquid acquire Gemini exchange to secure a regulated U.S. platform and expand its market presence. With Gemini recently obtaining key CFTC licenses, the acquisition would give Hyperliquid a strong regulatory foundation in the U.S. Hyperliquid could fund the $450M deal using its HYPE token reserves and shift strategy from buybacks to aggressive growth. The DEX is also preparing for U.S. access by screening sanctioned wallets and testing KYC features, signaling readiness for regulated operations. This move follows similar successful acquisitions in the crypto space and could boost Hyperliquid's dominance in the U.S. market.
HYPE cryptocurrency encountered significant selling pressure as whales and institutions sold $77.38 million worth of tokens near the $75 resistance level, complicating its recovery efforts. Large transfers to exchanges increased supply, making a sust...
Hyperliquid's native token HYPE is holding near $73, driven by its fee-burn system that has already burned $1.27 billion worth of tokens since November 2024. The upcoming AQAv2 upgrade, launching August 26, will channel USDC yield into additional tok...
Hyperliquid, a decentralized perpetual futures exchange, saw a 31% increase in fee revenue in August year-over-year due to higher trading volume, more active users, and growing market share. Its native token HYPE rose to around $73.53 amid positive m...
Hyperliquid (HYPE) surged 20% to around $72.30 following a White House mention that the CFTC is working to bring Hyperliquid under a compliant US regulatory framework. This regulatory news sparked a sharp increase in trading volume and price, pushing...
Bitcoin ETFs saw a strong inflow of $517.19 million, the highest since early May, as Bitcoin prices climbed above $70,000. Ether ETFs also gained $189.15 million in net inflows, driven by ETH rising above $2,000. Major fund managers like Blackrock le...
