The Hyperliquid (HYPE) token reached a new all-time high of $62, rising nearly 58% over the past week, driven by significant institutional interest. Grayscale wallets purchased over 682,000 HYPE tokens worth up to $41.6 million, while new U.S. spot HYPE ETFs from Bitwise and 21Shares attracted $54 million in inflows during their first seven trading days. Bloomberg analyst Eric Balchunas noted the unusual sustained volume growth post-ETF launch, signaling strong investor demand. Bitwise's CIO Matt Hougan argues HYPE is undervalued, positioning it as a broad asset platform rather than just a crypto token, with institutional backing likely to continue growing.
Hyperliquid introduced HIP-4, a new feature enabling prediction markets within its trading platform. Traders can now place fully collateralized bets on event outcomes, settled in the platform's stablecoin USDH, without liquidation risk. This integrat...
Hyperliquid's native token HYPE has surged 124% year-to-date, significantly outperforming major cryptocurrencies amid a strong short squeeze and growing interest in its real-world asset (RWA) trading platform. The platform's open interest in RWAs dou...
A leading analyst predicts that Bitcoin's price could climb close to $95,000 if it maintains its position above a critical support level. This suggests strong potential for growth if the cryptocurrency avoids falling below this threshold. Investors s...
The HYPE token surged past $60, reaching new all-time highs with a 16.15% gain in 24 hours, driven by strong demand from ETFs and DeFi traders. This price discovery is fueled by a thin supply and growing institutional interest, particularly from Bitw...
The Hyperliquid ETF (THYP), launched by 21Shares on Nasdaq, amassed $37.2 million in assets under management within its first week, driven by $24.4 million in net inflows. This ETF holds the HYPE token, native to the Hyperliquid decentralized perpetu...
