Hyperliquid Team Plans Expansion Into Prediction Markets as HYPE Pumps 20%
The decentralized derivatives landscape isn’t just shifting; it’s mutating. Hyperliquid, currently the heavyweight champion of on-chain perps, has signaled a direct expansion into prediction markets. The market’s reaction was immediate and violent: the HYPE token surged 20% following the revelation, proving there is an immense appetite for infrastructure that bridges traditional trading with event wagering. […]
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HYPE has reignited bullish sentiment across the crypto market after a sharp 11.91% daily surge pushed the Hyperliquid price above the 200-day simple moving average (SMA) to $39.02. Related Reading: 16,000 Ancient Bitcoins Just Moved—And It’s Costing Whales Billions The rally follows renewed investor optimism fueled by institutional participation and aggressive whale activity. Traders are now watching the $41.76 resistance level, a breakout point that could confirm a full trend reversal. Having reclaimed the key 61.8% Fibonacci level at $35.84, the Hyperliquid price is showing resilience....
Hyperliquid, the decentralized exchange (DEX) behind the HYPE token, surprised the market on Monday with a new product initiative that ran counter to the prevailing bearish sentiment across the crypto sector. As several major cryptocurrencies slipped below important technical levels, Hyperliquid’s native token jumped roughly 14% following the announcement, signaling renewed investor interest despite broader market weakness. Hyperliquid’s HIP‑4 Proposal The rally was triggered after the Hyperliquid team revealed details of HIP‑4, a proposal that introduces outcome‑based trading to the....
On Wednesday, 21Shares, the world’s largest issuer of cryptocurrency exchange-traded products (ETPs), submitted a regulatory filing with the US Securities and Exchange Commission (SEC), seeking approval to launch a passive Hyperliquid ETF designed to track the price of the HYPE token. 21Shares’ Passive Hyperliquid ETF Passive exchange-traded funds, like the one proposed by 21Shares, are […]
According to a press release, Tony G Holdings, a company trading under the TONY ticker on the CSE, joined the DeFi space with a massive acquisition. Per the document, the publicly traded company purchased 10,000 HYPE the native token of the decentralized exchange Hyperliquid. Related Reading: Bank of America to Consider Stablecoins After Crucial Crypto […]
Circle Internet Financial (CRCL), the firm behind the USDC stablecoin, has announced a significant investment in Hyperliquid (HYPE), a layer-1 blockchain that has experienced high demand this year. Circle’s Strategic Move Into Hyperliquid As part of this initiative, Circle has launched Native USDC and Cross-Chain Transfer Protocol (CCTP V2) on HyperEVM, an Ethereum Virtual Machine (EVM) integrated into Hyperliquid’s layer-1 blockchain. This move is expected to streamline the adoption of USDC and enhance its utility. Plans also include enabling direct deposits and ensuring CCTP....