Hyperliquid launched permissionless HIP-4 deployments on its testnet, enabling developers to create prediction markets beyond sports. Despite this innovation, HYPE token dropped nearly 2% to about $54.70, falling below the $55 support level due to broader crypto market weakness and whale transfers to institutional platforms. HIP-4 markets currently hold $182,000 in open interest and $881,000 in trading volume, with a mainnet launch expected after testing. Regulatory clarity from U.S. authorities on event contracts could impact future market offerings.
Hyperliquid has introduced the HIP-4 testnet phase, allowing developers to deploy standardized outcome markets by staking 100 HYPE without auctions or gas fees. This update expands market creation beyond validators using approved templates to reduce ...
The 30-year U.S. Treasury yield hit its highest level since 2007, making bonds more attractive and drawing capital away from riskier assets like cryptocurrencies. This shift has contributed to a significant drop in crypto market value, with Bitcoin l...
Hyperliquid's price has been falling within a descending channel, currently trading around $54 and down 7.3% weekly. Major investors, including a whale who unstaked $57.6 million worth of HYPE tokens and deposited them into exchanges, are increasing ...
XRP and Solana spot ETFs attracted modest net inflows, signaling selective investor interest in these altcoins despite a broader market slowdown. XRP ETFs gained nearly $6 million over two sessions, with significant assets under management representi...
Hyperliquid's native token, HYPE, has fallen about 25% over the past month, slipping below key moving averages and raising concerns about momentum. Despite this, the token remains just above a major long-term support near $50, which could prompt buye...
