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Crypto Is No Longer the ‘Belle of the Ball,’ Warns Bitwise’s Matt Hougan

Bitwise Chief Investment Officer Matt Hougan said the “brutal” cryptocurrency market is no longer the “belle of the ball,” as digital assets are increasingly becoming a contrarian investment. In his…

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Grayscale’s Hyperliquid Staking ETF Debuts With Lowest US Fee at 0.29%

Grayscale’s Hyperliquid Staking ETF (HYPG) began trading on June 3 with a 0.29% sponsor fee, the lowest among US-listed HYPE products, intensifying a price war among issuers chasing the fast-growing…

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Ripple Unlocks 1 Billion XRP for June as US Spot ETFs Log Record $118 Million in May Inflows

Ripple released 1 billion XRP from escrow at the start of June, the latest in its monthly unlock schedule, even as U.S. spot exchange-traded funds (ETFs) tied to the token…

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Spot HYPE ETFs Log Strongest Crypto Debut on Record as Whale Pulls $30.93M off Coinbase Prime

Two spot exchange-traded funds (ETFs) tracking Hyperliquid’s HYPE token have set a new benchmark for altcoin fund debuts in the U.S., absorbing 1.04% of the token’s total market capitalization in…

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Trader Banks $7.5M in Four Days on ZEC and HYPE Longs, Now Opens $38.6M ETH Position at 25x Leverage

A Hyperliquid trader known as ‘Evaded’ has booked over $7.5 million in profit from two positions in less than four days, most recently rolling back into the market with a…

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Whale Dumps $36M in HYPE to Shore Up $103M Short on Hyperliquid as Liquidation Risk Builds

Whale trader Loracle deposited and rapidly sold 616,675 Hyperliquid tokens worth $36.76 million, using the proceeds to defend a short position carrying over $103 million in notional exposure as the…

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HYPE ETFs See Rare First-Week Surge as Eric Balchunas Calls Launch Timing ‘Perfect’

Two newly launched US-based exchange-traded funds tied to Hyperliquid’s HYPE token are seeing strong early momentum, as trading activity continues to rise since their market debut. According to SoSoValue data,…

Continue ReadingHYPE ETFs See Rare First-Week Surge as Eric Balchunas Calls Launch Timing ‘Perfect’