HYPE token rose 5% to $41 after Coinbase was named the official USDC treasury deployer for Hyperliquid, integrating USDC liquidity via its Aligned Quote Asset framework. Coinbase will phase out USDH stablecoin, allowing users to redeem USDH for USDC or fiat without fees during migration. The USDC supply on Hyperliquid has nearly doubled to about $5 billion, enhancing liquidity and operational efficiency. Coinbase also plans to increase its staked HYPE holdings, signaling a long-term commitment to the platform's growth and stability.
While Bitcoin still dominates the crypto market, altcoins Hyperliquid, Tron, and Midnight are showing growth driven by their own network activity and investor interest rather than Bitcoin's price movements. This shift highlights a maturing market whe...
In 2026, while Bitcoin remains the dominant force in the crypto market, some altcoins like Hyperliquid, Tron, and Midnight are showing less correlation with Bitcoin's price movements. These altcoins have outperformed Bitcoin by developing unique use ...
HYPE saw significant whale activity with a major wallet accumulating over 500,000 tokens and moving them into staking, signaling long-term confidence despite recent price drops below the $39.74 support level. Exchange outflows remain high, reducing l...
On May 12, Bitcoin ETFs saw inflows exceeding $220 million, contributing to nearly $1 billion in total inflows for the month. This robust activity highlights sustained institutional interest in Bitcoin investment products. Additionally, Hyperliquid r...
Hyperliquid's price fell to around $39 after failing to break above the $44–$45 resistance zone, forming a bearish double top pattern on the daily chart. Whale positioning shows nearly balanced long and short exposure, indicating uncertainty among la...
