Hyperliquid's HYPE token surged to all-time highs, trading around $63 with a 44% weekly gain, driven by an aggressive $1.16 billion buyback program and the launch of spot ETFs in the US. The non-custodial exchange reinvests 99% of transaction fees to reduce token supply, creating a deflationary effect that boosts price despite market downturns. However, concerns remain over centralization, as early investors hold 81% of staked tokens, and the platform faces scrutiny for limited transparency and past market manipulation allegations. The token's growth reflects strong platform usage and revenue, but governance issues could impact future stability.
The global cryptocurrency market rebounded after US President Trump's announcement of a largely negotiated peace deal with Iran, easing geopolitical tensions. Bitcoin surged above $75,000, driving the market's bullish momentum, while altcoins outperf...
Bitcoin remained range-bound last week, with cautious profit-taking due to rising US inflation data. Despite this, corporate holder Strategy added nearly 25,000 BTC, and Bitcoin pushed toward $78,200, supported by positive US fintech developments inc...
Hyperliquid launched its HIP-4 upgrade on May 2, introducing native binary outcome contracts to its existing perpetuals exchange infrastructure. Within two weeks, it matched Polymarket's Bitcoin binary trading volume by leveraging its centralized lim...
XRP is struggling near the $1 mark despite $116.74 million inflows into U.S. spot ETFs, with a potential drop to $1.05 unless a U.S. Senate vote on the CLARITY Act reverses the trend. Bitcoin, despite $1.26 billion in weekly ETF outflows, has held su...
Hyperliquid, a decentralized exchange, has reached a record 6.9% share of the aggregate perpetual futures open interest, rivaling centralized platforms like Binance and Bybit. This growth is driven by its permissionless markets launched in October 20...
