Bitwise announced it will allocate 10% of the management fees from its newly launched Hyperliquid ETF to purchase HYPE tokens, supporting the token's value. This move follows the ETF's strong debut, with $4.31 million in day-one trading volume, and highlights Bitwise's confidence in Hyperliquid's community-driven model. The HYPE token price rose over 3% amid this development, reflecting positive market sentiment. The ETF sector for Hyperliquid now holds $12.64 million in net assets, signaling growing investor interest.
Two large investors (whales) bought 205,691 Hyperliquid (HYPE) tokens worth $9.57 million after the price dropped to $40. Their buying pushed the price up to $46, signaling strong demand and bullish momentum. However, some whales also took profits, i...
Hyperliquid's native token HYPE has surged nearly 70% this year, driven by strong demand for tokenized real-world assets and synthetic pre-IPO trading products like SPCX-USDC, a synthetic SpaceX contract. This growth contrasts with declines in major ...
Hyperliquid's price recovered above $45 after bouncing from a $38 support level, regaining a bullish chart pattern despite recent volatility caused by regulatory concerns from CME Group and ICE. Institutional interest grew as Bitwise and 21Shares lau...
Despite a broader crypto market sell-off dragging Bitcoin below $77,000, Hyperliquid's HYPE token surged over 5%, briefly surpassing its previous peak of $47. This rebound followed a sharp drop caused by lobbying efforts from rivals CME and ICE to re...
Trade.xyz launched the first SpaceX pre-IPO perpetual futures contract on Hyperliquid, starting with a $1.78 trillion valuation and spiking to over $2.5 trillion within hours. This contract allows crypto traders to speculate on SpaceX's IPO price, wh...
