Coinbase Derivatives introduced HYPE and BNB futures on June 8, marking the first time Hyperliquid's native token HYPE entered a regulated derivatives market. This launch enhances trading options like leverage and hedging for both institutional and retail investors, while strengthening Coinbase's partnership with Hyperliquid. Despite some profit-taking in Bitwise's BHYP ETF, inflows remain strong, indicating ongoing demand for HYPE. Bitwise's recent token transfer appears to be routine management rather than a sell-off, suggesting sustained institutional interest. Overall, Hyperliquid's growing regulated market presence supports its role in bridging DeFi and traditional finance.
Bitcoin and Ethereum posted solid daily gains, with Bitcoin up 2.21% to $64,054.40 and Ethereum rising 2.57% to $1,684.08. This rally is driven by increased dominance of these large-cap cryptocurrencies, signaling investor preference for quality and ...
Hyperliquid's token price climbed above $60 following a surge in futures open interest to $2.56 billion, surpassing XRP. This rise is driven by growing speculation around SpaceX's upcoming public market debut, with traders using Hyperliquid's synthet...
A Hyperliquid trader known as a "perma-bear" holds an 81% short position with a $2.7 million all-time profit, primarily from a $13.57 million short on the HYPE token, which is up $539,000. The trader also profits from shorts on Ethereum and Bitcoin. ...
Kalshi has introduced perpetual futures contracts for Hyperliquid (HYPE) in the US following clearance from the Commodity Futures Trading Commission (CFTC). These contracts have no expiration and feature zero trading fees during an introductory perio...
Bitcoin rose 1.6% to $63,550 following President Trump's announcement of nearing peace with Iran, easing market fears and boosting cryptocurrencies and equities. SpaceX launched its historic IPO on Nasdaq, raising $75 billion and reaching a $1.78 tri...
