HYPE Gains 60% But Hyperliquid Growth Metrics Warn It May Not Hold

Key takeaways: HYPE surged 60% to $34.90, fueled by institutional investor accumulation from Hyperliquid Strategies and reduced selling after staking unlocks. Bearish liquidations exceeding $20 million and ARK Invest’s bullish report fueled speculation despite flat perpetual volumes. Hyperliquid (HYPE) surged to $34.90 on Wednesday, climbing from $21.80 just two days prior. The 60% rally triggered…

Bitcoin Rangebound As Traders Manage Risk Via Options

High Bitcoin options volumes indicate there is still significant interest and capital present in crypto derivatives markets, according to derivatives exchange Deribit, but risk is now being carefully managed, which could explain Bitcoin’s recent price movements. Bitcoin trading near $90,000 right now “looks a lot clearer when you view it through positioning rather than just…

Sony Increases Backing for Startale Following Soneium’s First Year Live

Sony Group Corp. made a follow-on investment in Startale Group, deepening its involvement in the Soneium blockchain about a year after the network’s mainnet launch. In a Thursday announcement sent to Cointelegraph, Startale disclosed an additional investment of $13 million from the Sony Innovation Fund. The funding round came after Soneium moved from testnet experimentation…

White House Convenes Banks and Crypto Companies Amid CLARITY Act Deadlock

Officials in the administration of US President Donald Trump are reportedly set to sit down with executives from the banking and cryptocurrency industries on Monday as lawmakers attempt to revive the stalled CLARITY Act. People familiar with the matter told Reuters the meeting will be hosted by the White House’s crypto council and will bring…

Bitcoin Bulls Target $93.5K As Short Positions Turn Into A Magnet

Bitcoin retreated from intraday highs after the US Fed left interest rates unchanged, but futures market data suggests traders may attempt to seize the short liquidity in BTC’s $93,500 range. Bitcoin (BTC) staged a quick rally to $90,600 on Wednesday, but the gains evaporated as the US Federal Reserve decision to forgo an interest rate…

Bitcoin Bulls Target $93.5K As Short Positions Turn Into A Magnet

Bitcoin retreated from intraday highs after the US Fed left interest rates unchanged, but futures market data suggests traders may attempt to seize the short liquidity in BTC’s $93,500 range. Bitcoin (BTC) staged a quick rally to $90,600 on Wednesday, but the gains evaporated as the US Federal Reserve decision to forgo an interest rate…

Paxos Gold (PAXG) sees record $248 million inflow in January

Crypto investors are piling into tokenized gold as digital asset markets are treading water, sending inflows to Paxos’ gold token to a record in January. Paxos Gold (PAXG), backed by physical gold held in LBMA vaults in London, raked in more than $248 million fresh capital through January, DefiLlama data shows. That lifted PAXG’s market…

US CFTC Leadership to be Addressed at Market Structure Bill Markup

US lawmakers are expected to return to Capitol Hill on Wednesday after inclement weather delayed committee meetings and votes, with attention turning to how senators will handle proposed amendments to a long-awaited crypto market structure bill. On Thursday, senators on the Senate Agriculture Committee are scheduled to meet for a markup on the Digital Commodity…

How High Can HYPE’s Price Go After 58% Gains in 72 Hours?

Hyperliquid’s native token, HYPE (HYPE), is up 23% over the last 24 hours to trade at $33, significantly outperforming other top-cap cryptocurrencies. The altcoin has gained 58% over the last three days to an eight-week high of $34.5 as commodities trading on Hyperliquid surged to new highs. Key takeaways: HYPE has surged over 57% in…

How High Can HYPE’s Price Go After 58% Gains in 72 Hours?

Hyperliquid’s native token, HYPE (HYPE), is up 23% over the last 24 hours to trade at $33, significantly outperforming other top-cap cryptocurrencies. The altcoin has gained 58% over the last three days to an eight-week high of $34.5 as commodities trading on Hyperliquid surged to new highs. Key takeaways: HYPE has surged over 57% in…