Canadian Company Buys 10,000 HYPE as Hyperliquid Aims For New Highs
According to a press release, Tony G Holdings, a company trading under the TONY ticker on the CSE, joined the DeFi space with a massive acquisition. Per the document, the publicly traded company purchased 10,000 HYPE the native token of the decentralized exchange Hyperliquid. Related Reading: Bank of America to Consider Stablecoins After Crucial Crypto […]
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Hyperliquid (HYPE) has climbed to fresh highs for the first time since November, bringing the market’s focus to the next potential price target. Recent chart analysis shared by @ArdinNSC on X points to a developing continuation structure built on a local accumulation trend. With multiple upside levels already cleared, the technical framework now centers on […]
Michael Nadeau, founder of The DeFi Report, says he remains bullish on Hyperliquid over the long run, but argues the latest move in HYPE looks mistimed. In a post on X, he said the market is leaning too hard into the bullish narrative just as on-chain activity and positioning data begin to soften. Nadeau’s central point is not that Hyperliquid is broken. It is that the recent strength in HYPE may have outrun what the underlying data currently supports. “I’m a fan of both @Globalflows and HYPE, but think he’s early here,” Nadeau wrote. He added that HYPE had “been strong in the bear market....
On Wednesday, 21Shares, the world’s largest issuer of cryptocurrency exchange-traded products (ETPs), submitted a regulatory filing with the US Securities and Exchange Commission (SEC), seeking approval to launch a passive Hyperliquid ETF designed to track the price of the HYPE token. 21Shares’ Passive Hyperliquid ETF Passive exchange-traded funds, like the one proposed by 21Shares, are […]
Hyperliquid has picked up one of its clearest endorsements yet from traditional finance. S&P Dow Jones Indices has licensed the first official S&P 500 perpetual contract to Trade[XYZ] on Hyperliquid, giving the exchange a flagship US equity benchmark just as HYPE extends a rally tied to the platform’s fast-growing role in round-the-clock macro trading. The […]
On Wednesday, MetaMask, the leading cryptocurrency wallet developed by ConsenSys, announced significant new features. The wallet will now support Perpetual Futures (Perps) through its integration with Hyperliquid (HYPE). A new MetaMask Rewards program is also expected to launch by the end of October. According to Wednesday’s press release, MetaMask will also become the first wallet […]