Phantom, Hyperliquid ask CFTC to modernize rules for onchain derivatives
The companies urged the regulator to exempt blockchain developers and non-custodial wallet providers from rules designed for traditional financial intermediaries.
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The post HYPE Tripled in a Risk-Off Market: The Machine Behind It appeared on BitcoinEthereumNews.com. HYPE trades near $68 after roughly tripling from its March low of $25.64, a run built during one of the most risk-averse stretches crypto has seen since 2022. Global retail crypto activity contracted for two straight quarters through Q1, yet Hyperliquid’s token set an all-time high at $76.90 in June. Understanding why it outperformed in risk-off conditions explains why a risk-on turn could compound the effect rather than replace it. Summary HYPE tripled from $25.64 in March to a $76.90 high in June. At peak activity, $2.3M in daily fees funded $11M in HYPE buybacks. Seven of Hyperliquid’s top ten markets by volume are now equities or commodities. Price is coiling between support at $67 and a triple-tested ceiling near $74. Why It Worked in a Risk-Off Market Most crypto assets need risk appetite to rise, because their value rests on future adoption stories that get discounted harder wh
Read full articleThe companies urged the regulator to exempt blockchain developers and non-custodial wallet providers from rules designed for traditional financial intermediaries.
CZ says Binance’s weak KYC led to prison while Hyperliquid runs no-KYC smart contracts under a different trading model. Binance founder Changpeng Zhao, known as CZ, discussed Hyperliquid in a June 29 interview with The Block. He praised its market design but noted clear differences from centralized exchanges. CZ said Hyperliquid uses smart contracts without […] The post CZ Says Binance KYC Sent Him to Prison While Hyperliquid Runs No KYC Model Now appeared first on Live Bitcoin News.
The reshuffling of Bitwise's crypto ETF highlights the volatility and evolving dynamics in the crypto market, impacting investor strategies. The post Bitwise drops Polkadot and Avalanche from flagship crypto ETF, raising questions about Hyperliquid’s staying power appeared first on Crypto Briefing.
The post Bitwise Drops 2 Altcoins From Flagship Crypto ETF: Will Hyperliquid Keep Its Seat? appeared on BitcoinEthereumNews.com. Bitwise has dropped Polkadot (DOT) and Avalanche (AVAX) from its flagship Bitwise 10 Crypto Index ETF (BITW). Hyperliquid (HYPE) and Stellar (XLM) were added to the fund’s latest monthly rebalance. BITW works like a crypto stock index fund. It automatically holds the 10 largest eligible coins by market cap, so investors gain exposure to HYPE and XLM without buying them directly. Why Hyperliquid and Stellar Entered the Bitwise 10 Crypto Index ETF Bitwise’s rebalance results show HYPE entering at a 0.93% weight and XLM at 0.38%. That makes HYPE the fund’s fifth-largest holding, ahead of Cardano (ADA), Chainlink (LINK), Litecoin (LTC), and Sui (SUI). Bitcoin (BTC) still accounts for 77.54% of the fund. Bitwise 10 Crypto Index ETF holdings after adding Hyperliquid and Stellar, Source: Bitwise Hyperliquid earned its seat through sheer size. The token ranks 10th am
HYPE trades near $68 after roughly tripling from its March low of $25.64, a run built during one of the most risk-averse stretches crypto has seen since 2022. Global retail crypto activity contracted for two straight quarters through Q1, yet Hyperliquid’s token set an all-time high at $76.90 in June. Understanding why it outperformed in [...]
The post Hyperliquid Wants CFTC to Exempt DeFi From Legacy Crypto Rules appeared on BitcoinEthereumNews.com. The Hyperliquid Policy Center (HPC) and non-custodial wallet provider Phantom have jointly urged the US Commodity Futures Trading Commission (CFTC) to modernize its regulatory approach to decentralized finance (DeFi). In a response to the agency’s Request for Information on evolving financial technology, the organizations argue that onchain infrastructure should not be regulated like traditional financial intermediaries. The filing could influence how US regulators oversee decentralized markets while shaping the future of self-custody, onchain trading, and blockchain innovation. HPC and Phantom Push for Tailored DeFi Rules In their joint comment, HPC and Phantom argue that developers who publish onchain protocol software should not automatically be treated as operators of exchanges or clearinghouses. Instead, they urge the CFTC to distinguish between building technology and prov
The post Hyperliquid ETFs: A New Way to Invest in the Leading Decentralized Trading Venue appeared on BitcoinEthereumNews.com. Want exposure to the HYPE token without opening a wallet, bridging funds, or learning on-chain trading first? That’s the primary appeal behind Hyperliquid ETFs and ETPs. These financial products allow investors to gain entry to the ecosystem directly through a standard brokerage account. The timing also makes sense. Hyperliquid has become one of the most talked-about decentralized trading venues in 2026. So, investors want an easy way in. I’ll go over what Hyperliquid ETFs are and how they work, as well as what you need to know before you decide to invest. Let’s get into it! Key highlights: Hyperliquid is a decentralized exchange featuring an on-chain order book, low fees, and 24/7 markets It’s attractive to non-crypto investors too, with exposure tied to commodities, indices, and other synthetic real-world markets U.S. investors can buy THYP, BHYP, and HYPG
The post June home sales disappoint as prices reach an all-time high appeared on BitcoinEthereumNews.com. A for sale sign is posted in front of a home on April 13, 2026 in Pasadena, California. Justin Sullivan | Getty Images High mortgage rates coupled with record-high prices is causing homebuyers to pull back. Sales of previously owned homes in June dropped 2.4% from May to 4.09 million units on a seasonally adjusted, annualized basis, according to the National Association of Realtors. Housing analysts were predicting a slight gain month over month. June sales were, however, were 2.8% higher than the same month a year prior. “The back-and-forth in monthly home sales activity, driven by mild fluctuations in mortgage rates, shows how sensitive home buyers are to affordability conditions,” said Lawrence Yun, the Realtors’ chief economist, in a release. “However, job gains—more than half a million since the beginning of the year—will continue to provide support for the housing market.” Th