The Hyperliquid (HYPE) token surged to a record high of $64.48, supported by $72 million in recent institutional investments from 21Shares, Bitwise, and Grayscale. The platform's unique model uses 97-99% of trading fees to buy back tokens, sustaining demand and pushing the total buyback value to $1.16 billion. Perpetual futures open interest reached a new peak of $2.95 billion, signaling strong market activity. Analysts, including Michaël van de Poppe, predict HYPE could surpass $100 soon, driven by expanding platform features and growing investor interest.
This week, crypto markets experienced high volatility with notable rallies in altcoins like Audiera (BEAT), NEAR Protocol, and Hyperliquid (HYPE), which saw gains of over 100%, 60%, and 35% respectively. These moves were driven by momentum shifts, te...
Hyperliquid (HYPE) surged nearly 10% to above $63, driven by a $1.16 billion buyback program funded by trading fees and growing ETF inflows. This pushed its market cap over $15 billion and ranked it 11th globally, fueling speculation it could surpass...
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...
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...
