BlockchainFX Captures Market Attention as Whales Rotate Capital Cryptocurrencies are experiencing a significant shift as big holders of Solana and Hyperliquid are leaving for BlockchainFX (BFX), the fastest-growing presale in the industry. BFX has raised over $9.7 million and is close to reaching its $10 million goal. Analysts are observing whale wallets as big accounts…
Hyperliquid Displays Initial Indicators of Recovery Momentum Hyperliquid (HYPE) is making a comeback after facing a significant 46% decline, successfully regaining the important $44 support level. The project’s core elements are increasingly solid, bolstered by heightened user participation and an influx of liquidity on the rise. This recovery signifies a shift from a phase of…
Hyperliquid Trader Expands Bitcoin Short to $496M With 10x Leveraged Bet A mysterious trader in the Hyperliquid market has significantly increased their Bitcoin short position to around $496 million, employing 10x leverage this week. The decision comes after a prior profit estimate ranging from $160 million to $192 million amid the market downturn caused by…
Hyperliquid CEO Warns Binance Data May Understate True Market Losses The recent $19 billion liquidation event has sparked significant worries regarding data transparency across centralized exchanges globally. Jeff Yan, the CEO of Hyperliquid, cautioned that the liquidation tracking system used by Binance could greatly underestimate actual market losses during periods of high volatility. Yan clarified…
Hyperliquid Shows Strength While Broader Market Declines Hyperliquid remains a notable player, showcasing resilience as one of the rare cryptocurrencies that uphold stability during a turbulent market decline. As significant cryptocurrencies such as Bitcoin and Ethereum experienced declines ranging from 3% to 5%, HYPE managed to maintain stability with a drop of less than 1%.…
Aster Postpones Airdrop Following Allocation Complaints Aster, the decentralized exchange backed by Binance founder Changpeng Zhao’s YZi Labs, has postponed its Stage 2 airdrop to October 20. The adjustment follows feedback from users regarding insufficient token distributions and possible inconsistencies in data during the verification process. The update, initially scheduled for October 14, now provides…
Hyperliquid Struggles to Maintain Critical Support at $40 Hyperliquid (HYPE) is presently examining its $40 support zone, a level that has consistently served as a crucial pivot in earlier cycles. Market participants view this zone as a critical point that may influence the continuation or decline of momentum. The overall market’s decline has intensified the…
Hyperliquid Extends Losing Streak With Technical Weakness Emerging Hyperliquid experienced its 5th consecutive daily drop, decreasing by nearly 6% and trading in the vicinity of the $45 mark. The rejection came after an effort to break out above the recently regained ascending trend line earlier this week. Currently, short-term momentum indicators are showing a bearish…
MetaMask Introduces Support for Hyperliquid Swaps MetaMask, the premier crypto wallet from Consensys, has unveiled its native support for Hyperliquid, a decentralized derivatives exchange. The latest integration allows users to engage in perpetual futures trading seamlessly through the MetaMask interface, eliminating the need for centralized platforms. Perpetual futures enable traders to engage in speculation on…
HYPE Recovers Strongly After Sharp Late-September Decline Hyperliquid is demonstrating positive indicators of recovery following its drop to $39.73 on September 25. The token has regained upward momentum, steadily climbing past important technical levels and sparking renewed optimism among traders. Market participants are closely monitoring this rebound as the asset fluctuates between key support and…
