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 lobbying arm dismissed these concerns, highlighting its transparent onchain transaction records. The platform's founder, Jeff Yan, is actively engaging with U.S. authorities to secure a regulatory pathway, aiming to maintain innovation while gaining legal access. Despite these efforts, regulatory fears caused Hyperliquid's token price to fall 14%, wiping out recent gains.
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...
Several cryptocurrencies, including Hyperliquid (HYPE), XRP, Toncoin (TON), Ethereum (ETH), and Shiba Inu (SHIB), are showing technical signs of potential recovery after periods of volatility. Hyperliquid leads with strong trend support and a rebound...
