Hyperliquid price nears ATH as HYPE rallies 24% in 6 days
Hyperliquid price rose 24% in six days as HYPE neared its ATH, helped by the CLARITY Act, USDC growth, Bitwise and SPCX.
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HYPE has been one of the most compelling stories in crypto since its launch in November 2024. While the broader market has faced sustained selling pressure and most assets have struggled to hold meaningful levels, Hyperliquid’s native token has demonstrated a resilience that has drawn attention from participants well beyond the DeFi ecosystem that originally embraced it. Related Reading: XRP Leverage Expansion Raises Risks Near $1.50 Resistance – A Big Move May Follow The project’s combination of genuine product traction, growing trading volume, and a token model that rewards network participation has made HYPE one of the few assets in this cycle that institutional observers have treated as a serious long-term allocation rather than a speculative trade. That institutional attention has now produced a data point that is difficult to ignore. Arkham Intelligence reveals that a wallet identified as linked to Andreessen Horowitz — the Silicon Valley venture capital firm known universally as
Read full articleHyperliquid price rose 24% in six days as HYPE neared its ATH, helped by the CLARITY Act, USDC growth, Bitwise and SPCX.
Swan Bitcoin faces $970M Prime Trust lawsuit over 11,994 BTC, cash, stablecoins and XRP allegedly moved before bankruptcy in 2023 in courts.
Bitcoin (BTC) sits at a technical crossroads after losing a crucial support level, leading some market observers to suggest that this week’s price will be decisive for whether the flagship crypto can reclaim upside momentum or extend its recent losses. Related Reading: Trillion-Dollar Italian Bank Moves To XRP, But How Much Have They Bought? Bitcoin 21W EMA Retest To Be Decisive After closing the week at around $77,450, Bitcoin started the new week falling to a new local low of $76,050. The cryptocurrency had been trading between $76,300 and $82,500 throughout its May rally, failing to break out of the crucial resistance despite multiple attempts. In a Monday analysis, market observer Rekt Capital noted that Sunday’s drop saw BTC close below the key 21-Week Exponential Moving Average (EMA), around the $78,000 area, after successfully retesting this level as support for multiple consecutive weeks. The analyst explained that this performance “shows how lackluster the buy-side strength ha
Will the token finally break out of its prolonged consolidation phase?
XRP price extended losses and traded below $1.420. The price is now consolidating losses and faces hurdles near $1.40 and $1.4350. XRP price started another decline and traded below the $1.420 zone. The price is now trading below $1.40 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1.3950 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it stays below $1.420. XRP Price Extends Losses XRP price failed to stay above $1.4350 and extended its decline, like Bitcoin and Ethereum. The price declined below $1.4250 and $1.420 to enter a short-term bearish zone. The price even extended losses below $1.40. A low was formed at $1.3630, and the price is now consolidating losses well below the 23.6% Fib retracement level of the downward move from the $1.5496 swing high to the $1.3630 low. The price is now trading below $1.420 and the 100-hourly Simple Moving Average. If there is a fresh rec
XRP is experiencing increased price pressure, mirroring the broader crypto market’s drop, with the token falling 6% over the past week. This pullback has forced XRP to lose the $1.40 support level for now. Despite this recent weakness, market analyst Ali Martinez posted on X (formerly Twitter) that a technical setup is forming on XRP’s […]
Hyperliquid’s lead in onchain perpetuals drew a fresh challenge from the Solana ecosystem after Solana co-founder Anatoly Yakovenko, known as Toly, argued that Solana needs its own atomically composable perp DEX inside the SVM. The debate comes as Hyperliquid is already trying to define its regulatory path in Washington during the advancement of the CLARITY Act. The exchange began with Hyperliquid co-founder Jeffrey Yan saying he had spent several days in Washington with the Hyperliquid Policy Center, meeting policymakers as the CLARITY Act advanced. According to him, the discussions focused on Hyperliquid, its potential benefits for American consumers, and the regulatory path for bringing onchain derivatives markets into the US framework. That policy push quickly collided with a separate market-structure debate on X, where Toly publicly encouraged users who enjoy Hyperliquid to try a new Solana-based perp DEX. The comment drew pushback from users, who questioned whether the industry n
Goldman simultaneously increased exposure to crypto infrastructure firms like Circle, Coinbase, and Galaxy Digital.