On May 16, 2026, HyperCore repurchased 23,679.72 HYPE tokens but distributed 26,766 HYPE as staking rewards, resulting in a net inflation of 3,087 tokens added to circulation. This pace could add over 1.11 million HYPE tokens annually, reflecting ongoing supply growth. Meanwhile, the newly launched 21Shares spot HYPE ETF recorded positive net inflows every day during its first week, closing with $12.64 million in assets under management, representing 0.12% of HYPE's market cap. The ETF's steady inflows indicate strong investor demand and add buying pressure to HYPE as the protocol manages its inflation and supply dynamics going forward.
Hyperliquid, a major decentralized exchange (DEX), is under scrutiny from U.S. regulators after ICE and CME urged the Commodity Futures Trading Commission to regulate it due to concerns about market manipulation and anonymous trading. Hyperliquid's l...
Hyperliquid (HYPE) surged to $47 before sharply falling to $41, down 10.4% amid strong bearish pressure. A whale investor took a large 180,000 HYPE long position with 10x leverage worth $7.78 million, signaling optimism for a rebound. However, increa...
Bitcoin's price briefly recovered to nearly $82,000 in early May but then fell below $80,000 due to profit-taking and weakening momentum. This decline was mirrored by sharp drops in major altcoins like Solana and Cardano. Institutional caution grew a...
Bitcoin dropped sharply to $77,614 following reports of potential US and Israeli military strikes against Iran, triggering a sell-off in risky assets including cryptocurrencies. This geopolitical tension caused over $40 billion in crypto market capit...
Bitcoin fell below $78,000, hitting a low of $77,614, as fears of US and Israeli military strikes on Iran intensified. This decline erased Bitcoin's gains for the month and reduced its market cap by over $40 billion to $1.56 trillion. The geopolitica...
