Why is Hyperliquid's HYPE token price up 23% in one day?

Fresh US ETF launches and Coinbase’s Hyperliquid deal helped fuel HYPE’s rally this week, but technicals warn of a possible pullback. Source: Cointelegraph

Fresh US ETF launches and Coinbase’s Hyperliquid deal helped fuel HYPE’s rally this week, but technicals warn of a possible pullback. Source: Cointelegraph

OKX is reportedly seeking a 20% stake in South Korean crypto exchange Coinone as foreign and domestic firms compete for market access. Source: Cointelegraph

The purchase makes Hana Financial the fourth-largest shareholder in Dunamu, following several crypto-related deals in the last two months, as it dives deeper into the digital assets sector. Source: Cointelegraph

Signal’s vice president of strategy said the firm “would rather pull out of the country” than comply with Bill C-22, which could threaten end-to-end encryption. Source: Cointelegraph

Robin Singh, CEO and founder of Koinly said the changes will hurt low-income crypto investors most and could encourage more short-term trading. Source: Cointelegraph

LayerZero has come under scrutiny since it was exploited in April, as crypto protocols reevaluate their cross-chain providers and seek safer alternatives. Source: Cointelegraph

Strategy has leaned on Stretch to fund Bitcoin buys over the past 12 months as funding through senior convertible notes and at-the-market equity offerings has tightened. Source: Cointelegraph

Despite short-term bearish bets from a successful Hyperliquid whale, a growing US Fed balance sheet and rising inflation support Bitcoin in the long term. Source: Cointelegraph

Prediction markets trading volume had been tracking monthly gains as the sector gains popularity among short-term traders, but competition is also increasing. Source: Cointelegraph

Bitcoin traders eye a possible move higher as short-term selling pressure fades and the CLARITY Act vote boosts crypto market focus. Source: Cointelegraph