Bitwise CIO Matt Hougan predicts Hyperliquid's market cap could reach $200 trillion within the next decade, driven by strong investor demand and institutional adoption. The cryptocurrency has already doubled its price this year, rising 205% from $39.2 in March to $80.32 in September. Hougan highlights Hyperliquid's evolution into a 'super app' that integrates multiple financial assets under one platform, aligning with SEC Chair Paul Atkins' vision of onchain capital markets. Additionally, Hyperliquid is working to comply with US regulations, aiming to expand global adoption and become a leading regulated multi-asset trading platform.
A HYPE wallet that was inactive for nearly two years recently transferred large batches of its tokens to a centralized exchange. The wallet had accumulated 257,928 HYPE tokens at prices between $3.39 and $3.72, originally costing about $902,000. Thes...
Crypto markets experienced a deeper correction on October 9, with Zcash and Ether showing significant downside risks. Zcash traded around $1,190, close to a critical support level of $1,180, while Ether hovered near $2,525, just above its main suppor...
A HYPE whale has made over $23 million in profit from an initial investment of about $902,000 made roughly two years ago. The whale purchased 257,928 HYPE tokens at around $3.50 each and recently deposited 131,421 HYPE tokens to Kraken, valued at app...
The HYPE token, after rallying above $95, shows signs of a potential decline of up to 17% toward $72 due to weakening momentum and bearish technical patterns. The price has fallen below key moving averages and the relative strength index indicates in...
A large trader opened short positions totaling about $21.87 million across PUMP, Solana (SOL), and XRP on October 8 after closing a long PUMP position at a loss. The trader's short positions included 1.5 billion PUMP tokens with 5x leverage, 75,000 S...
