HYPE cryptocurrency encountered significant selling pressure as whales and institutions sold $77.38 million worth of tokens near the $75 resistance level, complicating its recovery efforts. Large transfers to exchanges increased supply, making a sustained breakout above $75 difficult. Meanwhile, retail buyers are absorbing more demand as whale participation weakens, raising the risk of price vulnerability. A decisive break above $75 could lead to gains toward $90, but failure to absorb supply may see prices fall back to support levels around $61.69 and $53.67.
Ark Invest's crypto research director suggests Hyperliquid acquire Gemini exchange to secure a regulated U.S. platform and expand its market presence. With Gemini recently obtaining key CFTC licenses, the acquisition would give Hyperliquid a strong r...
Hyperliquid's native token HYPE is holding near $73, driven by its fee-burn system that has already burned $1.27 billion worth of tokens since November 2024. The upcoming AQAv2 upgrade, launching August 26, will channel USDC yield into additional tok...
Hyperliquid, a decentralized perpetual futures exchange, saw a 31% increase in fee revenue in August year-over-year due to higher trading volume, more active users, and growing market share. Its native token HYPE rose to around $73.53 amid positive m...
Hyperliquid (HYPE) surged 20% to around $72.30 following a White House mention that the CFTC is working to bring Hyperliquid under a compliant US regulatory framework. This regulatory news sparked a sharp increase in trading volume and price, pushing...
Bitcoin ETFs saw a strong inflow of $517.19 million, the highest since early May, as Bitcoin prices climbed above $70,000. Ether ETFs also gained $189.15 million in net inflows, driven by ETH rising above $2,000. Major fund managers like Blackrock le...
