13 hours ago
Two former Robinhood engineers allegedly used confidential information about upcoming cryptocurrency listings to make profitable trades on decentralized exchange Hyperliquid, federal prosecutors said Tuesday.
Hefu Chai, 36, and Huaisong "Jerry" Xiang, 30, each face one count of commodities fraud and one count of wire fraud.
"Today's charges make clear that corporate insiders cannot evade the securities and commodities laws by trading based on misappropriated information in derivatives like perpetual futures, tokenized securities, or other similar financial instruments," U.S. Attorney Jamie McDonald said in a statement.
Perpetual futures, or "perps," let traders speculate on an **** et's price—often with leverage—without owning it. Unlike conventional futures, the derivatives do not expire. Hyperliquid is one of the largest decentralized platforms for trading perps and has faced increased regulatory scrutiny.
According to the DOJ, the engineers allegedly used nonpublic information about upcoming Robinhood Crypto token listings to buy related perpetual futures before the announcements, earning profits "for their own benefit" between 2025 and 2026. Each defendant earned more than $50,000 from the alleged scheme, the Justice Department said.
#futures #engineers
Hefu Chai, 36, and Huaisong "Jerry" Xiang, 30, each face one count of commodities fraud and one count of wire fraud.
"Today's charges make clear that corporate insiders cannot evade the securities and commodities laws by trading based on misappropriated information in derivatives like perpetual futures, tokenized securities, or other similar financial instruments," U.S. Attorney Jamie McDonald said in a statement.
Perpetual futures, or "perps," let traders speculate on an **** et's price—often with leverage—without owning it. Unlike conventional futures, the derivatives do not expire. Hyperliquid is one of the largest decentralized platforms for trading perps and has faced increased regulatory scrutiny.
According to the DOJ, the engineers allegedly used nonpublic information about upcoming Robinhood Crypto token listings to buy related perpetual futures before the announcements, earning profits "for their own benefit" between 2025 and 2026. Each defendant earned more than $50,000 from the alleged scheme, the Justice Department said.
#futures #engineers
14 hours ago
Two former Robinhood engineers were charged with fraud on Tuesday in a Hyperliquid insider trading case, accused of buying futures contracts before their employer announced new token listings.
Hefu Chai, 36, and Huaisong Xiang, 30, each face one count of violating the Commodity Exchange Act and one count of wire fraud. Prosecutors say the pair made more than $50,000 apiece.
"Robinhood takes market integrity seriously and has zero tolerance for insider trading. We have robust insider trading policies and procedures in place, including for new crypto listings. We immediately investigated and reported this matter to law enforcement and regulators, and will continue to cooperate with the investigations," a Robinhood spokesperson told BeInCrypto.
Follow us on X to get the latest news as it happens
Hyperliquid runs a decentralized exchange built around perpetual futures. These are leveraged bets on a token's price that never expire, so a trader can hold the position indefinitely.
#robinhood #exchange #tuesday
Hefu Chai, 36, and Huaisong Xiang, 30, each face one count of violating the Commodity Exchange Act and one count of wire fraud. Prosecutors say the pair made more than $50,000 apiece.
"Robinhood takes market integrity seriously and has zero tolerance for insider trading. We have robust insider trading policies and procedures in place, including for new crypto listings. We immediately investigated and reported this matter to law enforcement and regulators, and will continue to cooperate with the investigations," a Robinhood spokesperson told BeInCrypto.
Follow us on X to get the latest news as it happens
Hyperliquid runs a decentralized exchange built around perpetual futures. These are leveraged bets on a token's price that never expire, so a trader can hold the position indefinitely.
#robinhood #exchange #tuesday
5 days ago
ETH is enjoying another stretch of relative strength, trading up as much as 7% this morning above $2,600, and still running around +4% on the day at the time of writing.
In this span, ETH outperformed a flat BTC (+0.33%) and warmer majors like SOL, HYPE, and ZEC (which are all roughly +2% over the past 24 hours).
The backdrop: Friday's CPI landed mixed, i.e. a hotter headline number softened by a cooler core reading. Markets seem to have shrugged this result off as already priced in, flipping the mood from Thursday's PPI-driven jitters back toward risk-on.
Secondary driver: This vibe shift led to buy pressure, the buy pressure led to a bounce, and the bounce led to a squeeze. As ETH shorts had become a crowded trade once more, that bounce forced hundreds of millions in liquidations, with one outsized position wipeout on Hyperliquid doing a lot of that damage alone.
What to watch: Traders are now betting the Fed will raise rates at next week's FOMC meeting. Odds jumped to the mid-to-high 80% range after Friday's data, up from around 70% the day before. If that rate hike happens and the Fed signals more are coming, ETH's rallying could stall. Yet if Fed Chair Warsh sounds less aggressive when he speaks afterward, ETH's strength could just as easily keep going.
#pressure #markets #hyperliquid
In this span, ETH outperformed a flat BTC (+0.33%) and warmer majors like SOL, HYPE, and ZEC (which are all roughly +2% over the past 24 hours).
The backdrop: Friday's CPI landed mixed, i.e. a hotter headline number softened by a cooler core reading. Markets seem to have shrugged this result off as already priced in, flipping the mood from Thursday's PPI-driven jitters back toward risk-on.
Secondary driver: This vibe shift led to buy pressure, the buy pressure led to a bounce, and the bounce led to a squeeze. As ETH shorts had become a crowded trade once more, that bounce forced hundreds of millions in liquidations, with one outsized position wipeout on Hyperliquid doing a lot of that damage alone.
What to watch: Traders are now betting the Fed will raise rates at next week's FOMC meeting. Odds jumped to the mid-to-high 80% range after Friday's data, up from around 70% the day before. If that rate hike happens and the Fed signals more are coming, ETH's rallying could stall. Yet if Fed Chair Warsh sounds less aggressive when he speaks afterward, ETH's strength could just as easily keep going.
#pressure #markets #hyperliquid
7 days ago
Hyperliquid (HYPE) has jumped by 4% in the past 24 hours, following the listing of a popular memecoin called USELESS, whose trading volumes has exploded recently.
This Solana-based memecoin has jumped by 15% following its Hyperliquid listing, while volumes have increased by 30% to $173 million.
Such levels account for 56% of the ****** et's circulating market cap, reflecting the strength of the buying pressure.
USELESS has seen its price explode by 683% as the token went viral on social media and started to gain traction among retail investors quickly.
Hyperliquid's listing looks like a strategic move to capitalize on its rising popularity and significant volumes.
#volumes
This Solana-based memecoin has jumped by 15% following its Hyperliquid listing, while volumes have increased by 30% to $173 million.
Such levels account for 56% of the ****** et's circulating market cap, reflecting the strength of the buying pressure.
USELESS has seen its price explode by 683% as the token went viral on social media and started to gain traction among retail investors quickly.
Hyperliquid's listing looks like a strategic move to capitalize on its rising popularity and significant volumes.
#volumes
13 days ago
This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter.
Stripe has hired a new cryptocurrency executive, Drew Turchin, to lead its stablecoin cards business, he wrote in a social media post last week.
Stablecoins have found roles as a payments and value-storage medium, Turchin wrote last week in a LinkedIn post, announcing his new role with Stripe. "Cards are helping unlock the next step, making those balances instantly spendable in everyday life, anywhere cards are accepted," he said.
Turchin was previously head of business development and partnerships at Native Markets, a crypto startup which issued the USDH stablecoin with Hyperliquid. Turchin also was head of business developments, partnerships and ventures at Uniswap Labs, a cryptocurrency startup based in New York.
In May, New York-based Native Markets reached a deal for Coinbase to acquire certain **** ets of USDH, with that stablecoin being phased out in favor of USDC, the coin issued by Circle Internet Group.
#usdh
Stripe has hired a new cryptocurrency executive, Drew Turchin, to lead its stablecoin cards business, he wrote in a social media post last week.
Stablecoins have found roles as a payments and value-storage medium, Turchin wrote last week in a LinkedIn post, announcing his new role with Stripe. "Cards are helping unlock the next step, making those balances instantly spendable in everyday life, anywhere cards are accepted," he said.
Turchin was previously head of business development and partnerships at Native Markets, a crypto startup which issued the USDH stablecoin with Hyperliquid. Turchin also was head of business developments, partnerships and ventures at Uniswap Labs, a cryptocurrency startup based in New York.
In May, New York-based Native Markets reached a deal for Coinbase to acquire certain **** ets of USDH, with that stablecoin being phased out in favor of USDC, the coin issued by Circle Internet Group.
#usdh
16 days ago
BeInCrypto is attending TOKEN2049 Singapore as an official media partner, and this year we are bringing The NewsDesk to the main venue. Our team will be at Marina Bay Sands for both days of the conference, October 7-8, interviewing executives and industry leaders from across digital ******* ets and finance.
TOKEN2049 Singapore is expected to bring together more than 25,000 attendees, 7,000 companies, 300 speakers and 500 exhibitors across 160+ countries, with more than 60% of attendees holding C-level positions.
Alongside the broader Singapore programme, 1,000 side events will be featured throughout the week. Other major gatherings taking place in Singapore that week include Digital ******* et Summit Asia, Sui Basecamp, the Network State Conference, the Milken Institute Asia Summit, and the Forbes Global CEO Conference, all against the backdrop of the Formula 1 Singapore Grand Prix.
This year's agenda features tracks on institutional capital integration, with traditional financial leaders such as Nasdaq's Adena Friedman and Franklin Templeton's Jenny Johnson discussing capital flows and regulatory developments. At the same time, industry leaders including Binance CEO Richard Teng, Hyperliquid Labs CEO Jeff Yan, and Polymarket founder Shayne Coplan will explore exchange liquidity, on-chain derivatives, and decentralised prediction markets.
The speaker's lineup also features other financial heavyweights such as Joseph Lubin, Co-founder of Consensys, Vlad Tenev, CEO of Robinhood, and Amy Oldenburg from Morgan Stanley, among others.
#conference
TOKEN2049 Singapore is expected to bring together more than 25,000 attendees, 7,000 companies, 300 speakers and 500 exhibitors across 160+ countries, with more than 60% of attendees holding C-level positions.
Alongside the broader Singapore programme, 1,000 side events will be featured throughout the week. Other major gatherings taking place in Singapore that week include Digital ******* et Summit Asia, Sui Basecamp, the Network State Conference, the Milken Institute Asia Summit, and the Forbes Global CEO Conference, all against the backdrop of the Formula 1 Singapore Grand Prix.
This year's agenda features tracks on institutional capital integration, with traditional financial leaders such as Nasdaq's Adena Friedman and Franklin Templeton's Jenny Johnson discussing capital flows and regulatory developments. At the same time, industry leaders including Binance CEO Richard Teng, Hyperliquid Labs CEO Jeff Yan, and Polymarket founder Shayne Coplan will explore exchange liquidity, on-chain derivatives, and decentralised prediction markets.
The speaker's lineup also features other financial heavyweights such as Joseph Lubin, Co-founder of Consensys, Vlad Tenev, CEO of Robinhood, and Amy Oldenburg from Morgan Stanley, among others.
#conference
21 days ago
Hyperliquid activates its Aligned Quote ***** et v2 (AQAv2) framework today.
The platform will buy back and burn HYPE tokens from generated USDC reserve yields.
HYPE price approaches all-time high amid market recovery.
Hyperliquid has officially activated its Aligned Quote ***** et v2 (AQAv2) framework on Wednesday. This will allow the protocol to buy back and burn HYPE tokens from generated USDC reserve yields. This creates a second buyback route alongside the existing trading fee-driven program.
Hyperliquid activated its "AQAv2" framework on August 26. This directs 90% of yields generated from USDC reserves towards the ***** istance Fund for buybacks and burns of the native HYPE token.
#hype #aligned
The platform will buy back and burn HYPE tokens from generated USDC reserve yields.
HYPE price approaches all-time high amid market recovery.
Hyperliquid has officially activated its Aligned Quote ***** et v2 (AQAv2) framework on Wednesday. This will allow the protocol to buy back and burn HYPE tokens from generated USDC reserve yields. This creates a second buyback route alongside the existing trading fee-driven program.
Hyperliquid activated its "AQAv2" framework on August 26. This directs 90% of yields generated from USDC reserves towards the ***** istance Fund for buybacks and burns of the native HYPE token.
#hype #aligned
22 days ago
Japan plans to proceed with a national blockchain-based settlement infrastructure for tokenized versions of stocks and ******* anese government bonds.
Japan's financial regulator, the Bank of ******* an, and major financial institutions are collaborating on the tokenization project.
Work on the project is expected to begin in early 2027, with operation of the new onchain system likely to begin in the early 2030s, according to media reports.
More From Cryptoprowl:
HYPE Jumps 17% After Trump Backs CFTC Path for Hyperliquid in U.S.
#cryptoprowl
Japan's financial regulator, the Bank of ******* an, and major financial institutions are collaborating on the tokenization project.
Work on the project is expected to begin in early 2027, with operation of the new onchain system likely to begin in the early 2030s, according to media reports.
More From Cryptoprowl:
HYPE Jumps 17% After Trump Backs CFTC Path for Hyperliquid in U.S.
#cryptoprowl
22 days ago
Hyperliquid's HYPE token (CRYPTO: $HYPE) pushed to a new all-time high of $83.27 over the weekend, extending its 2026 rally just days before a $1.2 billion token unlock puts fresh supply into the market.
HYPE reached the record on Sunday before pulling back toward $77.50, leaving the token with a market capitalization near $19.5 billion. The Aug. 29 unlock will release 14.18 million HYPE, equal to about 1.4% of total supply and 2.7% of the token's market value.
Nearly half of that release is headed to insiders. Early investors are set to receive 46.6% of the unlocked tokens, while 46.3% goes to the community and 7% to the Hyper Foundation. At current prices, the insider allocation is worth roughly $560 million.
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Canadian Defense Tech Firm Jumps 92% as Government Revenue Boosts Margins
#unlock #million
HYPE reached the record on Sunday before pulling back toward $77.50, leaving the token with a market capitalization near $19.5 billion. The Aug. 29 unlock will release 14.18 million HYPE, equal to about 1.4% of total supply and 2.7% of the token's market value.
Nearly half of that release is headed to insiders. Early investors are set to receive 46.6% of the unlocked tokens, while 46.3% goes to the community and 7% to the Hyper Foundation. At current prices, the insider allocation is worth roughly $560 million.
More From Cryptoprowl:
Canadian Defense Tech Firm Jumps 92% as Government Revenue Boosts Margins
#unlock #million
23 days ago
Lion Group Holding Ltd. (NASDAQ:LGHL) says it remains committed to holding its Hyperliquid (HYPE) tokens, maintaining an approximately 195,000-token position as part of its cryptocurrency treasury management strategy.
The company said the HYPE holdings were valued at approximately $15.8 million as of August 24, 2026, based on prevailing market prices, while confirming it has not sold any tokens since establishing the position.
Lion Group continues to hold its entire allocation of roughly 195,000 HYPE tokens, leaving (NASDAQ:LGHL) exposed to changes in the token's market value.
The Hyperliquid holdings were worth approximately $15.8 million as of August 24, according to the company.
LGHL's decision not to sell reinforces HYPE as a long-term component of its cryptocurrency treasury strategy rather than a short-term position.
#hyperliquid
The company said the HYPE holdings were valued at approximately $15.8 million as of August 24, 2026, based on prevailing market prices, while confirming it has not sold any tokens since establishing the position.
Lion Group continues to hold its entire allocation of roughly 195,000 HYPE tokens, leaving (NASDAQ:LGHL) exposed to changes in the token's market value.
The Hyperliquid holdings were worth approximately $15.8 million as of August 24, according to the company.
LGHL's decision not to sell reinforces HYPE as a long-term component of its cryptocurrency treasury strategy rather than a short-term position.
#hyperliquid
24 days ago
Every quarter, big money managers disclose their holdings on Form 13F with the Securities and Exchange Commission. The batch of filings covering last quarter is now available. Shockingly, they show that the number of financial institutions holding Hyperliquid Strategies (NASDAQ: PURR), which stockpiles Hyperliquid's (CRYPTO: HYPE) token, grew by 122% in just three months to reach a total of 202, with BlackRock and State Street among the largest. Eleven institutions cut their positions in the same period, and another 29 exited entirely.
Should you follow these institutional investors in loading up on Hyperliquid Strategies?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
A big part of the reason many institutions are now holding Hyperliquid Strategies is that it joined the S&P Global Broad Market Index, as well as the Russell 2000 and Russell 3000 indexes, in late June. So any funds tracking those benchmarks had to buy it.
For instance, BlackRock's stake in the company was disclosed via a Form 13G, a passive holder disclosure form, while Morgan Stanley and Invesco built index-scale positions of their own. Citadel Advisors, a market maker, holds more bullish and more bearish options on the stock than any other filer, suggesting it was accumulating market-making inventory rather than loading up on conviction. The same could be true of Jane Street, another market maker among the new holders, though not necessarily of Renaissance Technologies, a systematic hedge fund.
#strategies
Should you follow these institutional investors in loading up on Hyperliquid Strategies?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
A big part of the reason many institutions are now holding Hyperliquid Strategies is that it joined the S&P Global Broad Market Index, as well as the Russell 2000 and Russell 3000 indexes, in late June. So any funds tracking those benchmarks had to buy it.
For instance, BlackRock's stake in the company was disclosed via a Form 13G, a passive holder disclosure form, while Morgan Stanley and Invesco built index-scale positions of their own. Citadel Advisors, a market maker, holds more bullish and more bearish options on the stock than any other filer, suggesting it was accumulating market-making inventory rather than loading up on conviction. The same could be true of Jane Street, another market maker among the new holders, though not necessarily of Renaissance Technologies, a systematic hedge fund.
#strategies
28 days ago
Crypto bears just had one of their worst hours of 2026. Short positions worth $1.23 billion were liquidated in 60 minutes as Bitcoin (BTC) climbed 2.5% to near $68,424.
Three whale wallets on Hyperliquid, a decentralized derivatives exchange, absorbed $194 million of the damage. The forced buying added fuel to a rally that began in the bond market.
Total liquidations reached $1.31 billion in the hour, and shorts made up nearly all of it, per data from CoinGlass.
Bitcoin positions accounted for roughly $770 million of the wipeout, with Ethereum (ETH) adding another $430 million. ETH itself gained 3.9% and traded back above $2,000, near $2,084.
The 24-hour toll ran to $1.57 billion across 114,038 traders, with shorts making up $1.41 billion. The largest single order, an ETH position on Bitget, was worth $32.18 million.
#billion #positions #near #Crypto
Three whale wallets on Hyperliquid, a decentralized derivatives exchange, absorbed $194 million of the damage. The forced buying added fuel to a rally that began in the bond market.
Total liquidations reached $1.31 billion in the hour, and shorts made up nearly all of it, per data from CoinGlass.
Bitcoin positions accounted for roughly $770 million of the wipeout, with Ethereum (ETH) adding another $430 million. ETH itself gained 3.9% and traded back above $2,000, near $2,084.
The 24-hour toll ran to $1.57 billion across 114,038 traders, with shorts making up $1.41 billion. The largest single order, an ETH position on Bitget, was worth $32.18 million.
#billion #positions #near #Crypto
28 days ago
US spot Bitcoin (CRYPTO: $BTC) exchange-traded funds (ETFs) recorded $517.2 million in net inflows on Wednesday, their largest single-day investment since May 4, as Bitcoin rallied alongside renewed attention on US crypto regulation and financial markets.
The latest inflows pushed August's total to $1.47 billion. The funds have attracted about $1 billion since Monday, putting them on pace for their strongest weekly net inflow since the week ended Jan. 16, when they brought in roughly $1.42 billion, according to data from SoSoValue.
Spot Ethereum (CRYPTO: $ETH) ETFs also recorded strong demand, with $189.2 million in net inflows on Wednesday, bringing their weekly inflows to about $291.5 million.
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Hyperliquid Turns to CFTC for Path Into U.S. Perpetual Futures Market
#million
The latest inflows pushed August's total to $1.47 billion. The funds have attracted about $1 billion since Monday, putting them on pace for their strongest weekly net inflow since the week ended Jan. 16, when they brought in roughly $1.42 billion, according to data from SoSoValue.
Spot Ethereum (CRYPTO: $ETH) ETFs also recorded strong demand, with $189.2 million in net inflows on Wednesday, bringing their weekly inflows to about $291.5 million.
More From Cryptoprowl:
Hyperliquid Turns to CFTC for Path Into U.S. Perpetual Futures Market
#million
28 days ago
Bitcoin (CRYPTO: $BTC) mining company Bitdeer Technologies Group's (NASDAQ: $BTDR) artificial intelligence division, Bitdeer AI, has secured a five-year contract covering roughly half of its A102 AI data center in Malaysia before the facility is energized.
The undisclosed customer, described by Bitdeer as being of "high credit quality," has committed to approximately 50% of A102's 9.5-megawatt capacity, according to a Wednesday announcement. The agreement is expected to generate about $400 million in revenue over five years.
Bitdeer said the contract will not contribute to revenue this year. Services are expected to start in the first quarter of 2027, when the company will begin recognizing revenue and related costs.
More From Cryptoprowl:
Hyperliquid Turns to CFTC for Path Into U.S. Perpetual Futures Market
#revenue #company #five #contract
The undisclosed customer, described by Bitdeer as being of "high credit quality," has committed to approximately 50% of A102's 9.5-megawatt capacity, according to a Wednesday announcement. The agreement is expected to generate about $400 million in revenue over five years.
Bitdeer said the contract will not contribute to revenue this year. Services are expected to start in the first quarter of 2027, when the company will begin recognizing revenue and related costs.
More From Cryptoprowl:
Hyperliquid Turns to CFTC for Path Into U.S. Perpetual Futures Market
#revenue #company #five #contract
1 month ago
By Samuel Shen and Eduardo Baptista
SHANGHAI/BEIJING, Aug 14 (Reuters) - China's Unitree, the country's most high-profile humanoid robot maker, is widely expected to have an explosive stock market debut in Shanghai next week. The only question is — how frenzied is it going to be?
Outside China, on private share platforms such as EquityZen, UpMarket and Hiive, Unitree shares are tipped to almost triple, while on crypto exchanges Hyperliquid and Gate, derivative trades point to a jump of almost four times.
Some others expect much more.
Such is the excitement around Unitree, whose humanoid robots have drawn global attention for their running, dancing and performing of martial arts, that its IPO was more than 8,000 times oversubscribed by retail investors, a record for Shanghai's STAR Market for tech startups.
#samuel
SHANGHAI/BEIJING, Aug 14 (Reuters) - China's Unitree, the country's most high-profile humanoid robot maker, is widely expected to have an explosive stock market debut in Shanghai next week. The only question is — how frenzied is it going to be?
Outside China, on private share platforms such as EquityZen, UpMarket and Hiive, Unitree shares are tipped to almost triple, while on crypto exchanges Hyperliquid and Gate, derivative trades point to a jump of almost four times.
Some others expect much more.
Such is the excitement around Unitree, whose humanoid robots have drawn global attention for their running, dancing and performing of martial arts, that its IPO was more than 8,000 times oversubscribed by retail investors, a record for Shanghai's STAR Market for tech startups.
#samuel
1 month ago
A crypto trader has reportedly lost approximately $550,000 in USDC as they fell victim to a Google advertisement phishing scam, as per the crypto ****** et tracing and recovery firm FlashRescue's co-founder Darcy.
On Aug. 13, Darcy posted on X that the user lost the sum to a paid Google ad that directed the user to a website impersonating Hyperliquid. Darcy identified three addresses belonging to the alleged hacker:
0x98b2761559A348968C994D9856dCfc96B6f13C55
0x93b6B24DC6E6a1D5d72399e3A35498c4DbA1d6D1
0x6fE314fD4CF845f35fc461eD98e2FB8d9356B566
#darcy #Google #lost
On Aug. 13, Darcy posted on X that the user lost the sum to a paid Google ad that directed the user to a website impersonating Hyperliquid. Darcy identified three addresses belonging to the alleged hacker:
0x98b2761559A348968C994D9856dCfc96B6f13C55
0x93b6B24DC6E6a1D5d72399e3A35498c4DbA1d6D1
0x6fE314fD4CF845f35fc461eD98e2FB8d9356B566
#darcy #Google #lost
1 month ago
Robinhood Markets (NASDAQ: $HOOD) is expanding its crypto business in the UK, allowing eligible customers to trade more than 50 digital ******* ets directly through its app alongside stocks, shares ISAs (Individual Savings Accounts), options and futures.
The service, which begins rolling out this week, will offer zero trading fees, with no account maintenance or custody charges, the brokerage firm announced on Monday.
Customers will be able to trade major cryptocurrencies, including Bitcoin (CRYPTO: $BTC), Ethereum (CRYPTO: $ETH), XRP (CRYPTO: $XRP) and Hyperliquid (CRYPTO: $HYPE), through Bitstamp UK Ltd, which operates the crypto trading service.
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#Crypto #customers #markets
The service, which begins rolling out this week, will offer zero trading fees, with no account maintenance or custody charges, the brokerage firm announced on Monday.
Customers will be able to trade major cryptocurrencies, including Bitcoin (CRYPTO: $BTC), Ethereum (CRYPTO: $ETH), XRP (CRYPTO: $XRP) and Hyperliquid (CRYPTO: $HYPE), through Bitstamp UK Ltd, which operates the crypto trading service.
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MEXC Ventures Supports Alpha Arena's APAC Debut at Coinfest Bali
#Crypto #customers #markets
1 month ago
HYPE has turned a $10,000 entry since its November 2024 launch into roughly $175,000 today, dwarfing XRP's $14,110 return since 2021.
XRP's $28 price target by 2030 could turn $10,000 into $271,800, but the Senate delayed the CLARITY Act vote until at least September.
HYPE generates fees from every trade that fund monthly buybacks, tying token growth to trading volume rather than legislative outcomes.
Two retirees, same $1 million, same 4% rule, buy one finished with $1.4 million, the other hit $0 in 12 years. Our free reader guide explains the flaw that separated them, and the income-first method built to avoid it.
A $10,000 investment in XRP on January 1 at $1.85 is now worth $5,568, marking a 44% decline over the last seven months. Over the same period, Hyperliquid performed better, turning a $10,000 investment at $25 into $22,400, which represents a 124% gain.
#same #hype #senate #january
XRP's $28 price target by 2030 could turn $10,000 into $271,800, but the Senate delayed the CLARITY Act vote until at least September.
HYPE generates fees from every trade that fund monthly buybacks, tying token growth to trading volume rather than legislative outcomes.
Two retirees, same $1 million, same 4% rule, buy one finished with $1.4 million, the other hit $0 in 12 years. Our free reader guide explains the flaw that separated them, and the income-first method built to avoid it.
A $10,000 investment in XRP on January 1 at $1.85 is now worth $5,568, marking a 44% decline over the last seven months. Over the same period, Hyperliquid performed better, turning a $10,000 investment at $25 into $22,400, which represents a 124% gain.
#same #hype #senate #january
1 month ago
Hyperliquid's HYPE token is showing signs of recovery after testing the lower trendline of its prevailing bull flag pattern as support.
As of Tuesday, Aug. 4, the HYPE/USD exchange rate was down approximately 30% from its record high near $77, established two months ago. This downtrend coincided with weakness in the broader crypto market, as traders de-risked ahead of a potential Federal Reserve rate hike in September.
Nonetheless, the drop left behind a sequence of lower highs and lower lows, forming what appeared to be a bull flag pattern.
A bull flag pattern develops when price trends lower within a parallel descending channel after a strong uptrend. In technical **** ysis, such a setup resolves when the price breaks above the upper boundary and rises by as much as the height of the previous uptrend.
This week, HYPE bounced by approximately 4% after testing the flag's lower boundary as support, increasing the odds of a short-term recovery toward the upper boundary, currently sitting around the $61–$65 area.
#lower #bull #boundary #support
As of Tuesday, Aug. 4, the HYPE/USD exchange rate was down approximately 30% from its record high near $77, established two months ago. This downtrend coincided with weakness in the broader crypto market, as traders de-risked ahead of a potential Federal Reserve rate hike in September.
Nonetheless, the drop left behind a sequence of lower highs and lower lows, forming what appeared to be a bull flag pattern.
A bull flag pattern develops when price trends lower within a parallel descending channel after a strong uptrend. In technical **** ysis, such a setup resolves when the price breaks above the upper boundary and rises by as much as the height of the previous uptrend.
This week, HYPE bounced by approximately 4% after testing the flag's lower boundary as support, increasing the odds of a short-term recovery toward the upper boundary, currently sitting around the $61–$65 area.
#lower #bull #boundary #support
2 months ago
On July 21, the new S&P Pantera Digital ****** et (SPPDA) Index launched, and with it, investors everywhere now have a quick reference that tells them which cryptocurrencies are probably worth paying attention to. In short, the index's inclusion criteria call for only admitting an ****** et to the index if the protocol backing it earns real revenue. Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), and Hyperliquid (CRYPTO: HYPE) all cleared that bar, but Bitcoin and XRP did not.
The SPPDA stands to benefit Solana, Hyperliquid, and Ethereum, not to mention a couple of other coins that it tracks. Here's why.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
The new index tracks the largest cryptoassets that are economically productive, as defined by their protocol revenue, weighted by their market cap.
Protocol revenue (also called chain revenue) is the fees users pay to a network to execute transactions. The index also explicitly seeks to not include those ****** ets that are speculative or uninvestable, like meme coins. Bitcoin, for its part, was excluded because its fees flow to its miners rather than holders, so it has no protocol revenue.
#index #Crypto #ethereum #hyperliquid
The SPPDA stands to benefit Solana, Hyperliquid, and Ethereum, not to mention a couple of other coins that it tracks. Here's why.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
The new index tracks the largest cryptoassets that are economically productive, as defined by their protocol revenue, weighted by their market cap.
Protocol revenue (also called chain revenue) is the fees users pay to a network to execute transactions. The index also explicitly seeks to not include those ****** ets that are speculative or uninvestable, like meme coins. Bitcoin, for its part, was excluded because its fees flow to its miners rather than holders, so it has no protocol revenue.
#index #Crypto #ethereum #hyperliquid
2 months ago
Grayscale Research says Hyperliquid's HYPE (CRYPTO: $HYPE) token remains inexpensive beside fintech and crypto stocks, even as shares of its largest public-market treasury vehicle trade lower.
The ****** et manager valued Hyperliquid using "earnings per token," applying an equity-style framework to the protocol's fee generation and token supply. Grayscale expects Hyperliquid to produce roughly $1 billion in earnings in 2027, about 20% above 2025 levels, supported by recovering crypto trading volumes and a new stablecoin revenue stream.
With approximately 270 million HYPE circulating, Grayscale expects supply to reach between 270 million and 310 million tokens by the end of 2027. That would place projected earnings per token between $3.25 and $3.75.
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TokenInsight Q2 2026 Report: TradFi Momentum Lifts MEXC to No. 2 in Commodity Perpetuals
#hype #Crypto #supply
The ****** et manager valued Hyperliquid using "earnings per token," applying an equity-style framework to the protocol's fee generation and token supply. Grayscale expects Hyperliquid to produce roughly $1 billion in earnings in 2027, about 20% above 2025 levels, supported by recovering crypto trading volumes and a new stablecoin revenue stream.
With approximately 270 million HYPE circulating, Grayscale expects supply to reach between 270 million and 310 million tokens by the end of 2027. That would place projected earnings per token between $3.25 and $3.75.
More From Cryptoprowl:
TokenInsight Q2 2026 Report: TradFi Momentum Lifts MEXC to No. 2 in Commodity Perpetuals
#hype #Crypto #supply
2 months ago
Grayscale Research says Hyperliquid's HYPE (CRYPTO: $HYPE) token remains inexpensive beside fintech and crypto stocks, even as shares of its largest public-market treasury vehicle trade lower.
The ***** et manager valued Hyperliquid using "earnings per token," applying an equity-style framework to the protocol's fee generation and token supply. Grayscale expects Hyperliquid to produce roughly $1 billion in earnings in 2027, about 20% above 2025 levels, supported by recovering crypto trading volumes and a new stablecoin revenue stream.
With approximately 270 million HYPE circulating, Grayscale expects supply to reach between 270 million and 310 million tokens by the end of 2027. That would place projected earnings per token between $3.25 and $3.75.
More From Cryptoprowl:
TokenInsight Q2 2026 Report: TradFi Momentum Lifts MEXC to No. 2 in Commodity Perpetuals
#grayscale #expects
The ***** et manager valued Hyperliquid using "earnings per token," applying an equity-style framework to the protocol's fee generation and token supply. Grayscale expects Hyperliquid to produce roughly $1 billion in earnings in 2027, about 20% above 2025 levels, supported by recovering crypto trading volumes and a new stablecoin revenue stream.
With approximately 270 million HYPE circulating, Grayscale expects supply to reach between 270 million and 310 million tokens by the end of 2027. That would place projected earnings per token between $3.25 and $3.75.
More From Cryptoprowl:
TokenInsight Q2 2026 Report: TradFi Momentum Lifts MEXC to No. 2 in Commodity Perpetuals
#grayscale #expects
2 months ago
Solana (CRYPTO: SOL) and Hyperliquid (CRYPTO: HYPE) exchange-traded funds (ETFs) are seeing capital inflows right as spot Bitcoin ETFs shed roughly $8.2 billion across an eight-week outflow streak culminating on July 6, and Ethereum funds joined them in the red. Solana ETFs now hold about $904 million in **** ets, and Hyperliquid ETFs have pulled in $350 million since May.
So does that mean investors should be bullish on the coins seeing the inflows?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Solana is down by about 60% over the past year. Fresh capital entering into spot Solana ETFs looks a lot like investors and financial institutions buying the dip in anticipation of the chain's upcoming catalysts.
Specifically, Alpenglow, the overhaul that is set to cut transaction finality times from 12.8 seconds to 150 milliseconds, activates on the mainnet sometime between August and October. Faster settlement is what Solana's institutional customers want and need, so it's likely going to be a significant unlock for even more capital onboarding in the future.
#NVIDIA #down
So does that mean investors should be bullish on the coins seeing the inflows?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Solana is down by about 60% over the past year. Fresh capital entering into spot Solana ETFs looks a lot like investors and financial institutions buying the dip in anticipation of the chain's upcoming catalysts.
Specifically, Alpenglow, the overhaul that is set to cut transaction finality times from 12.8 seconds to 150 milliseconds, activates on the mainnet sometime between August and October. Faster settlement is what Solana's institutional customers want and need, so it's likely going to be a significant unlock for even more capital onboarding in the future.
#NVIDIA #down
2 months ago
Hyperliquid's xyz:SKHYNIX perpetual briefly fell ~20% after a "black swan" pre-market trade in South Korea priced a single SK Hynix share at KRW 1.272 million, triggering a roughly 30% move and a trading halt in the underlying market.
Who Operates the Market: Trade.xyz operates the market, who are investigating the issue. In their response, Hyperliquid made clear that it was Trade's responsibility to resolve this as Hyperliquid is a permissionless chain, and under HIP-3, independent teams can deploy and run their own markets using it as infrastructure.
How HIP-3 Pricing Works: Each market's price comes from three inputs, and the deployer controls two of them. Hyperliquid itself supplies only one, drawn from onchain trading activity. Because the final price is the median value of the three, whatever the deployer pushes effectively decides it. If Hyperliquid's onchain input reads 100 but the deployer submits 150 and 151, the market prices at 150.
#three #onchain
Who Operates the Market: Trade.xyz operates the market, who are investigating the issue. In their response, Hyperliquid made clear that it was Trade's responsibility to resolve this as Hyperliquid is a permissionless chain, and under HIP-3, independent teams can deploy and run their own markets using it as infrastructure.
How HIP-3 Pricing Works: Each market's price comes from three inputs, and the deployer controls two of them. Hyperliquid itself supplies only one, drawn from onchain trading activity. Because the final price is the median value of the three, whatever the deployer pushes effectively decides it. If Hyperliquid's onchain input reads 100 but the deployer submits 150 and 151, the market prices at 150.
#three #onchain
2 months ago
This article was originally published on ETFTrends.com.
Bitcoin remains dominant, but that ETF demand has become more selective toward the lowest-cost products.
Hyperliquid ETFs show that investors still reward differentiated use cases, flexibility, and credible growth narratives.
Active multi-token ETFs can provide a nimble solution to combat the dynamic nature of the crypto market.
The crypto market has entered a more selective phase. Financial institutions continue to explore practical concepts like tokenization, stablecoins, and incorporating crypto trading alongside equities on their platforms. This momentum persists even as broader enthusiasm for cryptocurrencies has cooled. And in the background, regulatory progress continues to evolve as the CLARITY Act nears the finish line, providing tailwinds for the long term.
#financial
Bitcoin remains dominant, but that ETF demand has become more selective toward the lowest-cost products.
Hyperliquid ETFs show that investors still reward differentiated use cases, flexibility, and credible growth narratives.
Active multi-token ETFs can provide a nimble solution to combat the dynamic nature of the crypto market.
The crypto market has entered a more selective phase. Financial institutions continue to explore practical concepts like tokenization, stablecoins, and incorporating crypto trading alongside equities on their platforms. This momentum persists even as broader enthusiasm for cryptocurrencies has cooled. And in the background, regulatory progress continues to evolve as the CLARITY Act nears the finish line, providing tailwinds for the long term.
#financial
2 months ago
Hyperliquid (HYPE) has gone down by 7% today and has accumulated a 15% drop in the past 7 days after a handful of whales reportedly cashed out on their early HYPE bets.
Yesterday, the crypto ****** ytics firm Lookonchain revealed that Multicoin Capital transferred nearly 400,000 HYPE tokens to Coinbase Prime and requested to unstake almost 212,000 tokens less than a month after they published a bullish report on this cryptocurrency.
In a piece ****** led "Hyperliquid (HYPE) ****** ysis & Valuation," Multicoin stated that "Hyperliquid's trajectory looks eerily similar to Binance's early years."
They also set forth a long-term target of $319 for the token, claiming that, at $63, it was currently trading at 36 times its trailing twelve months (TTM) earnings. They projected $8 billion in annual profits by 2028, which, at a 20x price-to-earnings (P/E) multiple, results in a potential 5x gain.
However, this recent move to cash out of Hyperliquid's short-term gains has raised eyebrows about the firm's motivations to publish this report among the crypto community.
#hype #hyperliquid #multicoin #early
Yesterday, the crypto ****** ytics firm Lookonchain revealed that Multicoin Capital transferred nearly 400,000 HYPE tokens to Coinbase Prime and requested to unstake almost 212,000 tokens less than a month after they published a bullish report on this cryptocurrency.
In a piece ****** led "Hyperliquid (HYPE) ****** ysis & Valuation," Multicoin stated that "Hyperliquid's trajectory looks eerily similar to Binance's early years."
They also set forth a long-term target of $319 for the token, claiming that, at $63, it was currently trading at 36 times its trailing twelve months (TTM) earnings. They projected $8 billion in annual profits by 2028, which, at a 20x price-to-earnings (P/E) multiple, results in a potential 5x gain.
However, this recent move to cash out of Hyperliquid's short-term gains has raised eyebrows about the firm's motivations to publish this report among the crypto community.
#hype #hyperliquid #multicoin #early
2 months ago
S&P Dow Jones Indices and Pantera Capital launched an 18-coin crypto index led by Ethereum, BNB, Solana, Tron and Hyperliquid, and left out both Bitcoin and XRP.
A coin only qualifies if the protocol behind it earns consecutive quarters of revenue and returns some of that money to token holders—a rule modeled on the S&P 500's four-quarter earnings test.
XRP's entire burn since 2012 totals roughly $16 million, which is less than 1% of the $3 billion the 18 qualifying coins generate yearly.
The exclusion stings XRP more than Bitcoin, given that utility is XRP's core value pitch while Bitcoin's digital gold narrative never required revenue.
Don't wait: the ***** yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
#pantera #Solana
A coin only qualifies if the protocol behind it earns consecutive quarters of revenue and returns some of that money to token holders—a rule modeled on the S&P 500's four-quarter earnings test.
XRP's entire burn since 2012 totals roughly $16 million, which is less than 1% of the $3 billion the 18 qualifying coins generate yearly.
The exclusion stings XRP more than Bitcoin, given that utility is XRP's core value pitch while Bitcoin's digital gold narrative never required revenue.
Don't wait: the ***** yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
#pantera #Solana
2 months ago
Cryptocurrency exchange Coinbase Global (NASDAQ: $COIN) has big plans for the Canadian marketplace.
Eric Richmond, CEO of Coinbase Canada, said in an interview that the company wants to look beyond crypto trading and build a platform where Canadians have all their ******* ets in one place.
The priority is to bring what Coinbase calls the "Everything Exchange" to the Canadian marketplace.
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Hyperliquid HIP-3 Volume Nears 50% as Onchain Stock Trading Accelerates
#canadian #marketplace #global #coin
Eric Richmond, CEO of Coinbase Canada, said in an interview that the company wants to look beyond crypto trading and build a platform where Canadians have all their ******* ets in one place.
The priority is to bring what Coinbase calls the "Everything Exchange" to the Canadian marketplace.
More From Cryptoprowl:
Hyperliquid HIP-3 Volume Nears 50% as Onchain Stock Trading Accelerates
#canadian #marketplace #global #coin
2 months ago
Bitdeer Technologies Group (NASDAQ: $BTDR) mined 990 bitcoin in June, extending a sharp production rebound while higher GPU utilization pushed its AI Cloud annualized recurring revenue to approximately $76 million.
Bitcoin (CRYPTO: $BTC) output rose 388% from 203 BTC a year earlier and increased from 921 BTC in May. Self-mining hashrate reached 73.0 EH/s, up from 70.2 EH/s a month earlier, while co-mining capacity climbed to 15.9 EH/s. Total hashrate under management finished June at 86.1 EH/s.
Bitdeer's bitcoin balance moved lower despite the production gain. The company held 150 BTC at month-end, down from 171 in May and 1,502 in June 2025, keeping capital allocation in view as it funds a wider buildout across mining, AI Cloud and colocation infrastructure.
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Hyperliquid HIP-3 Volume Nears 50% as Onchain Stock Trading Accelerates
#mining #hashrate #bitdeer #technologies
Bitcoin (CRYPTO: $BTC) output rose 388% from 203 BTC a year earlier and increased from 921 BTC in May. Self-mining hashrate reached 73.0 EH/s, up from 70.2 EH/s a month earlier, while co-mining capacity climbed to 15.9 EH/s. Total hashrate under management finished June at 86.1 EH/s.
Bitdeer's bitcoin balance moved lower despite the production gain. The company held 150 BTC at month-end, down from 171 in May and 1,502 in June 2025, keeping capital allocation in view as it funds a wider buildout across mining, AI Cloud and colocation infrastructure.
More From Cryptoprowl:
Hyperliquid HIP-3 Volume Nears 50% as Onchain Stock Trading Accelerates
#mining #hashrate #bitdeer #technologies
2 months ago
XRP (CRYPTO: $XRP) has formed a bullish chart pattern known as a "triangle breakout."
The XRP token is up 4% in the last 24 hours and trading at $1.14 U.S. as investors and traders chase a potential big move higher in the cryptocurrency.
Analysts say that XRP could vault as high as $1.35 U.S. following the formation of the triangle breakout pattern.
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Hyperliquid HIP-3 Volume Nears 50% as Onchain Stock Trading Accelerates
#trading #triangle #breakout #Crypto
The XRP token is up 4% in the last 24 hours and trading at $1.14 U.S. as investors and traders chase a potential big move higher in the cryptocurrency.
Analysts say that XRP could vault as high as $1.35 U.S. following the formation of the triangle breakout pattern.
More From Cryptoprowl:
Hyperliquid HIP-3 Volume Nears 50% as Onchain Stock Trading Accelerates
#trading #triangle #breakout #Crypto
