Hyperliquid Strategies raised $647 million in equity during its fiscal year ending June 30, 2026, using the funds to increase its HYPE token holdings to 29.3 million tokens valued at about $1.9 billion. The company reported net income of $305.5 million, driven largely by $709.9 million in unrealized gains from HYPE. Hyperliquid holds no debt, with $149.9 million in cash and total assets of $2.06 billion. After the earnings report, PURR shares rose nearly 18%, pushing the company's market value close to $1.8 billion, signaling strong investor confidence in its growth and token strategy.
Bitcoin price is steadily climbing toward a key resistance level near $83,000, which could mark a shift from a bear to a bull market if surpassed. However, technical indicators like the RSI show bearish divergence, suggesting momentum may be weakenin...
Lucid is recalling 27,185 Air luxury sedans in the U.S. due to a fire risk caused by an overheating exterior lighting circuit, which may also cause light failure and increase crash risk. The recall is the largest in Lucid's history, involving 70% mor...
Bitcoin rose 1.43% to around $79,904 but faces resistance near $81,337, with momentum indicators like RSI and MACD suggesting the rally may be losing steam. Futures open interest dropped 4.39%, indicating traders are closing positions rather than add...
DeFi Development Corp. purchased about 19,000 SOL tokens at an average price of $98.14, expanding its treasury to approximately 2.33 million SOL and equivalents. The purchase was partly funded by proceeds from its ZeroStack divestment and aims to dep...
Ethereum is trading near $2,501 after a strong rise but shows overbought signs with RSI at 76 and Stochastic above 90, indicating short-term momentum may stall. The MACD histogram at zero suggests balanced buying and selling pressure. Retail traders ...
