$HYPE has declined 3.3% in 24 hours to $45.13 as Ethereum’s rally pulls liquidity from altcoins. Despite the price dip, Hyperliquid platform has recorded historic $18.99 billion daily perpetuals volume and $5.06 million in revenue, with institutional investors adding tokens to treasuries.
The post $HYPE Slides as Ethereum Soars and Hyperliquid Hits $19B – Can It Rebound? appeared first on Cryptonews. …
Category: Cryptocurrencies
dYdX Snaps Up Telegram Trading App That Hit $1B Volume in Under a Year
dYdX has acquired Telegram-native trading app Pocket Protector, which reached $1 billion in annualized trading volume in under a year. Co-founders Eddie Zhang and Kaiser Kinbote will join dYdX as President and Head of Growth as the exchange expands beyond infrastructure to user-facing products.
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American Businessman Dave Portnoy Regrets Selling XRP: ‘I Would’ve Made Millions’
Barstool Sports founder Dave Portnoy is expressing regret after selling most of his XRP holdings just weeks before the cryptocurrency hit new year-to-date highs.
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SharpLink Gaming Adds Another $115M in ETH Amid Bull Run, Total Holdings Reach 353K ETH
SharpLink Gaming has purchased an additional $115 million in ETH, bringing total holdings to 353K ETH worth over $1.2 billion, making it the world’s largest corporate Ethereum holder.
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SEC Considers Regulatory Tweaks to Support Tokenization Ecosystem
The SEC is weighing an “innovation exemption” to support tokenization, following the House’s passage of a landmark stablecoin bill.
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Thumzup Media, Backed by Donald Trump Jr., Greenlights $250M Crypto Holdings
Thumzup Media Corporation, an AdTech company with Donald Trump Jr. as an investor, has received board approval to hold up to $250 million in cryptocurrencies.
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UK Minister Urges Ban on Crypto Political Donations Over Foreign Influence Fears
UK Cabinet Office Minister Pat McFadden has called for election officials to consider banning political donations made in digital currencies.
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Why Bitcoin DeFi Protocols Are Seeing Impressive Growth As BTC Soars
Bitcoin DeFi protocols have recorded substantial growth with total value locked expanding from $304.66 million to $7.117 billion in 2024. Institutions have begun developing BTCFi strategies while stablecoins support the sector’s expansion across Bitcoin layer-2 networks.
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Historic Crypto Policy Win: Three Bills Clear House Despite Democrat Opposition
Three crypto bills including GENIUS Act, CLARITY Act, and Anti-CBDC Act have passed House of Representatives on Thursday in 294-137, 308-122, and 219-210 votes respectively, advancing crypto policy with Trump’s support despite Democratic concerns over consumer protections
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Leading AI Perplexity Predicts the Price of XRP, ETH, and DOGE
Perplexity predicts leading altcoins could reach unprecedented highs during 2025’s second half, with XRP potentially hitting $20, Ethereum climbing to $5,000, and Dogecoin reaching $1.18. Bitcoin’s record $122,838 surge has generated optimism for widespread crypto adoption.
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