Hyperliquid Launches HYPE Staking to Amplify Network Decentralization

According to the Hyper Foundation, the organization associated with the Hyperliquid ecosystem, users can now stake HYPE on the network. The foundation detailed that users can stake HYPE to a trusted validator and earn staking rewards in HYPE. Hyperliquid’s HYPE Staking Debuts Amid Rapid Growth Over the last few weeks, Hyperliquid, the decentralized perpetuals exchange … Read more

Smart Trader Nets $8.3M In Profits On Hyperliquid, Highlighting Perpetual Contract Opportunities

A savvy trader, known by the address 0x880, has generated over $8.3 million in profits trading perpetual contracts on the decentralized exchange Hyperliquid. The trader’s success stems from $5.3 million in profits from derivatives trading and an additional $3 million earned through funding fees. The trader’s strategy includes shorting popular tokens such as $SOL, $ETH, … Read more

Hyperliquid Trading Volume Spikes After $HYPE Launch

On December 19, trading volume on @HyperliquidX experienced a massive surge of 539%, reaching $11.5 billion following the release of $HYPE. However, the momentum quickly slowed down as rumors of a potential platform hack spread. In the wake of the launch, significant whale activity was observed on the platform. A new wallet was created just … Read more

Hyperliquid Sets Records As HYPE Token Enters Crypto’s Top 20

Last weekend marked a historic day for Hyperliquid as its trading volume for perpetual contracts soared to $11.5 billion, accompanied by a staggering $1.32 billion in liquidations—both setting new all-time highs. Despite the market turbulence, Hyperliquid’s native token, HYPE, demonstrated remarkable resilience. The token rebounded swiftly after the market dip, briefly surpassing $33 to reach … Read more

HYPE Mania: Hyper Foundation Drops $1.74B Airdrop on Decentralized Finance

The Hyper Foundation has completed a major airdrop of its native cryptocurrency, HYPE, bringing the total circulating supply to 333,928,180 tokens. With a market capitalization of $1.74 billion, the event highlights the foundation’s goals toward enhancing the Hyperliquid ecosystem. Hyper Foundation Shakes the Market Founded to support Hyperliquid, a decentralized trading platform and layer one … Read more

Bitcoin’s Blockchain Growth Accelerates With Trend of Ordinal Inscriptions

The Bitcoin blockchain has 40.49 gigabytes (GB) to go until it reaches half a terabyte (TB), and with the recent trend of Ordinal inscriptions, it’s likely to get there faster. The average block size reached a high of 2.52 megabytes (MB) on Feb. 12, 2023, but block sizes have subsided and dropped to an average … Read more

While the Merge Led the Bear Market Rise, Hype Has Been Erased and Ethereum Now Leads the Slide

With just over two weeks left until The Merge, ethereum’s value against the U.S. dollar has lost all the gains the crypto asset recorded leading up to the hardened date. In mid-August, ether managed to climb above the $2K zone but since then, the second largest cryptocurrency by market cap lost 23% over the past … Read more

Mike Bloomberg’s 2020 Finance Policy Proposes Strict Bitcoin Regulations

The 2020 U.S. Presidential candidate Michael Bloomberg addressed the subject of cryptocurrencies and initial coin offerings (ICO) in his recently published Financial Reform Policy. Bloomberg wants more “regulatory oversight” when it comes to this promising technology, claiming he sees “plenty of hype, fraud and criminal activity.” Also read: Bitcoin, Tesla Stock, Tron: How Warren Buffett … Read more