Hyperliquid price nears ATH as HYPE rallies 24% in 6 days
Hyperliquid price rose 24% in six days as HYPE neared its ATH, helped by the CLARITY Act, USDC growth, Bitwise and SPCX.
Crypto News·
Kevin Warsh takes over the US Fed as rate-cut odds fall with crypto markets watching June policy and CFTC seats before the CLARITY Act vote.
Read full articleHyperliquid price rose 24% in six days as HYPE neared its ATH, helped by the CLARITY Act, USDC growth, Bitwise and SPCX.
Bitcoin (BTC) has slid sharply over the past week, retracing nearly 7% and wiping out the upside that built after last week’s Senate Banking Committee markup of the CLARITY Act. That legislative momentum helped push BTC above the $82,000 area, but the coin is now changing hands around $76,700. The Bitcoin Pullback Glassnode’s latest read on the situation points to a clear deterioration in short-term market behavior. The firm says the Bitcoin selling pressure has intensified, with Spot CVD falling by 848.7%. At the same time, spot volume is up about 4.2%, suggesting that more coins are moving through the market. Glassnode interprets this as rising activity that may not necessarily reflect a bullish mindset, but rather traders responding more aggressively to price volatility and hedging or repositioning. Related Reading: Goldman Sachs Rebalances Crypto Exposure: XRP, SOL Out, ETH Down 70%, Hyperliquid In Futures Open Interest also dropped 2.9%, which usually signals that traders are no
The U.S. Securities and Exchange Commission has reportedly prepared an “innovation exemption” that could allow blockchain platforms to offer tokenized versions of publicly traded stocks, including tokens issued without direct approval from the underlying companies. Bloomberg reported on Monday, citing…
Among those who used crypto for payments, over 25% said they did so because the business preferred crypto, citing speed, privacy and lower cost advantages.
Clear, practical explainer of larping in crypto: what it means, how it works, example use cases, and why traders should care. The post Larping Explained: How Larping Works In Crypto Markets appeared first on BiteMyCoin.
Learn what 'cooked' means in crypto, how cooked trades work, warning signs, and how traders can spot and avoid manipulated volume. The post Cooked Explained: How ‘Cooked’ Trades Manipulate Crypto Markets appeared first on BiteMyCoin.
Hyperliquid’s lead in onchain perpetuals drew a fresh challenge from the Solana ecosystem after Solana co-founder Anatoly Yakovenko, known as Toly, argued that Solana needs its own atomically composable perp DEX inside the SVM. The debate comes as Hyperliquid is already trying to define its regulatory path in Washington during the advancement of the CLARITY Act. The exchange began with Hyperliquid co-founder Jeffrey Yan saying he had spent several days in Washington with the Hyperliquid Policy Center, meeting policymakers as the CLARITY Act advanced. According to him, the discussions focused on Hyperliquid, its potential benefits for American consumers, and the regulatory path for bringing onchain derivatives markets into the US framework. That policy push quickly collided with a separate market-structure debate on X, where Toly publicly encouraged users who enjoy Hyperliquid to try a new Solana-based perp DEX. The comment drew pushback from users, who questioned whether the industry n
Many experts voiced concerns that the confirmation of Kevin Warsh as Federal Reserve chair would lead to uncertainty about the central bank’s independence, particularly in setting interest rates.