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The team behind the Hyperliquid decentralized exchange (DEX) disclosed a 1.75 million HYPE token unlock for its developers and core contributors on Saturday, valued at over $60.4 million at the time of this writing.Saturday’s token unlock was previously announced and is part of HYPE’s vesting schedu…
The HYPE price has rebounded sharply, recovering from recent volatility that saw a $44 million whale liquidation earlier this week, which rattled traders. After plunging to around $36, the HYPE price surged over 7% in the past 24 hours, now trading around $40 as bullish sentiment returns.The rally f…
Decentralized exchange Hyperliquid has introduced an update that enables third parties to independently launch their own perpetual swap contracts on the platform.Hyperliquid Improvement Proposal 3 (HIP-3) comes into force on Monday, according to the official Hyperliquid Discord channel. This change …
After the recent market crash that wiped nearly $500 billion in value, large investors who move millions in digital assets wasted no time jumping back into key coins. Recently, data from Lookonchain, an onchain analytical platform, shows that large holders are quietly buying up HYPE and PEPE, even a…
Key points:Bitcoin experienced profit booking on Tuesday, but the shallow pullback suggests that the bulls are not rushing to the exit, as they anticipate the uptrend to continue.Many altcoins rebounded off their support levels, indicating buying at lower levels.Bitcoin turned down sharply on Tuesd…
October has traditionally been one of the strongest months for crypto, and this year looks no different. Top Crypto analyst Virtualbacon highlights that while Bitcoin may set the tone, altcoins could lead the real gains this month.Therefore, Analyst Virtualbacon has highlighted the top altcoins to b…
We usually don’t see many thousands of percent gains from utility tokens; that’s more of a meme coin phenomenon.However, over the past month, the perpetual futures exchange Aster has seen its native token, $ASTER, make astounding gains of over 2,100%.Aster burst onto the scene with bold ambitions, e…
Early adopters of the perpetuals-focused layer-1 blockchain Hyperliquid were rewarded handsomely on Sunday after the Hyper Foundation finally airdropped the much-awaited Hypurr non-fungible token collection. At the time of writing, the Hypurr NFTs have a current floor price of around 1,458 Hyperliqu…
Key takeaways:Bitcoin is struggling to hold above $115,000 after the Fed’s 25-bps interest rate cut.The Fed signaled an additional 50 bps of cuts through 2025.Bitcoin futures open interest surged while spot volumes continued to decline.Bitcoin (BTC) is trying to steady its price above $115,000 after…
Key points:Bitcoin is likely to witness wild moves following the Fed’s rate decision, but the price may remain inside the large $107,000 to $124,474 range for some more time.Several altcoins, except BNB, have pulled back, indicating that traders are taking risk off the table before today’s FOMC.Bitc…
Stablecoin issuer Circle is expanding into Hyperliquid with an investment and the launch of native USD Coin on the protocol, as stablecoin competition on the network intensifies.According to a Tuesday announcement, Circle is now a stakeholder in the Hyperliquid ecosystem, directly holding its native…
One week after opening a contest to decide the issuer of its first native stablecoin, USDH, Hyperliquid is preparing for a validator vote on Sunday to select the winner in what has quickly become one of the industry’s most closely watched community decisions.Hyperliquid, a decentralized exchange for…