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 duplicate contracts. Meanwhile, HYPE price has declined below $55, testing support between $52 and $54, pressured by increased whale transfers to institutional platforms. The protocol burned about 26,080 HYPE tokens worth $1.43 million in 24 hours, with fees reaching $1.47 million, supporting ongoing token buybacks and burns. The mainnet launch date remains unconfirmed, with future broader participation dependent on testnet results and validator feedback.
The crypto market is unusually quiet today, with minimal hourly price changes among the top 15 assets. Despite this calm, the year-to-date performance shows significant losses, with Bitcoin down 28% and most large-cap coins losing between a third and...
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 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 br...
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...
