Multicoin Capital has invested over $100 million in Hyperliquid's native token, HYPE, highlighting strong institutional confidence in the Layer 1 blockchain's business model. Hyperliquid operates a decentralized perpetual futures exchange and aims to generate cash flow through a fee-driven token buyback system. This significant investment, ongoing since February, aligns with market expectations of Hyperliquid's growth and potential expansion in the blockchain ecosystem. Future developments, partnerships, and regulatory changes will be closely watched as they could impact the token's price and market sentiment.
The Commodity Futures Trading Commission (CFTC) is working to bring the crypto platform Hyperliquid into the U.S. market in a compliant way, according to former President Trump. Hyperliquid operates a decentralized blockchain platform with on-chain o...
Hyperliquid (HYPE) dropped below its $80 support level to $78 due to market weakness after disappointing CPI data, trading around $79 at press time. Despite the decline, a whale staked 1.255 million HYPE tokens worth over $100 million, signaling conf...
Hyperliquid (HYPE) saw its price increase by 3.88% within one hour on October 15, reaching $81.17 on Binance's HYPE/USDT spot market. Over the same 24-hour period, the token gained 1.69%. During this hour, liquidations on Binance, Bybit, and OKX tota...
Hyperliquid Strategies Inc. purchased an additional 180,000 HYPE tokens valued at approximately $14.3 million. This acquisition raised their total HYPE holdings to 38.7 million tokens, now worth about $3.08 billion. Meanwhile, the company's cash rese...
On October 14, U.S. altcoin spot ETFs showed mixed net flows: XRP and ZEC ETFs recorded net inflows, with XRP attracting $740,414 mainly through the Bitwise XRP ETF. Conversely, Solana (SOL) and Hyperliquid (HYPE) ETFs experienced net outflows, with ...
