HYPE | Crypto

HYPE rallies toward $50 after Sonnet BioTherapeutics combines with Rorschach to launch a $583 million Hyperliquid token treasury. Key point: Corporate treasury buying could boost sentiment, pushing HYPE above its $50 resistance level. Nasdaq-listed biotech company Sonnet BioTherapeutics said on Monday that it had formed a business combination with a newly created entity, Rorschach, to launch a Hyperliquid (HYPE) digital asset treasury.   Read more

Biotech firm Sonnet is merging with Rorschach to form Hyperliquid Strategies, which aims to become HYPE token’s largest United States-listed holder. Nasdaq-listed biotech company Sonnet BioTherapeutics announced a strategic pivot into crypto, unveiling an $888 million entity to launch a Hyperliquid (HYPE) digital asset treasury.  On Monday, Sonnet said it formed a business combination with the newly created Rorschach to launch a treasury strategy focused on the HYPE token, the native crypto token of the fast-growing Hyperliquid ecosystem.  The deal includes transforming Sonnet into Hyperliquid Strategies Inc. (HSI), which is expected to be the largest United States-listed public company holding the HYPE token on its balance sheet. The company aimed to hold 12.6 million HYPE tokens, worth about $583 million when the agreement was made.  Read more

ETH, HYPE, UNI and SEI rallied toward new highs as Bitcoin pushed above $118,000. Key points: Bitcoin remains strong as long as it stays above $110,530. Bitcoin breaking to new all-time highs has attracted buying in select altcoins such as ETH, HYPE, UNI and SEI. Read more

Hyperliquid ($HYPE) recently rallied to a new all-time high of $46.22 after rising more than 10% in the past 24 hours, although it has slipped back to trade at about $45.59 at press time.Over the last week, bullish momentum lifted the token from a $37.18 trough to its recent peak of $46.22, an impressive 24% […] The post Hyperliquid ($HYPE) Soars 24% to All-Time High Amid Growing Interest for DeFi Derivatives appeared first on Cryptonews.

Hyperliquid’s expansion across the DEX landscape and its growing user base could trigger a HYPE price rally above $45. Key point: Hyperliquid’s solid growth trajectory could retain investors’ interest in HYPE. Hyperliquid (HYPE) has witnessed a strong growth trajectory in the past year, with average trading volume soaring, reaching $3 billion to $5 billion from less than $100 million, according to CoinGlass’ semi-annual crypto derivatives outlook. Read more

Bitcoin continues to face sellers at $109,000 even as most traders anticipate all-time highs and select altcoins rally at the start of the week. Key points: Bitcoin is facing selling near $109,000, but the shallow pullback suggests the uptrend may resume. BNB and HYPE are showing strength, having broken above their immediate resistance levels. Read more

HYPE is up 300%, and Hyperliquid leads the DEX perp market. But with a $38B valuation and just 21 validators, some question whether the rise is sustainable. Key takeaways: HYPE has surged over 300% since April, driven by growing usage of the Hyperliquid exchange and rising investor interest. Hyperliquid now leads the decentralized perpetuals market, processing over 70% of DEX perp volume. Read more

Bitcoin’s drop below the $100,000 support pulled ETH, XRP, SOL, and HYPE lower, but a relief rally may be around the corner. Key points: Bitcoin fell below the $100,000 support on Sunday, but a rebound could depend on how US stock futures open. Bitcoin’s weakness has pulled ETH, XRP, SOL, and HYPE below their respective support levels. Read more

Is HYPE headed to $20?

Lion Group Holding Ltd. (LGHL) and Eyenovia Inc. unveiled separate major financing moves this week to launch cryptocurrency treasury strategies centered on Hyperliquid’s HYPE token. LGHL announced it has secured a $600 million facility to launch the first and largest HYPE treasury in Asia. The Singapore-based trading and financial services firm also revealed intentions to include […] The post Two public firms announce plans to adopt HYPE as primary reserve asset for treasury appeared first on CryptoSlate.

Altcoins remain in a consolidation phase even as Bitcoin price looks ready to take a stab at new all-time highs. Key points: Bitcoin made a decisive break above $106,000, setting the stage for a possible retest of the all-time high at $111,980. Most major altcoins remain in a range, but HYPE has resumed its uptrend. Read more

Bitcoin trades above $105,000 even as the threat of war looms in the Middle East. HYPE, BCH, AAVE and OKB could also catch a bid if BTC holds its current range. Key points: A week of solid inflows into the spot Bitcoin ETFs improves the prospects of a rally toward $110,000. HYPE, BCH, AAVE, and OKB could march higher if Bitcoin sustains above $105,000. Read more

Tony G Co-Investment Holdings finalized its largest decentralized finance purchase to date, acquiring 10,387 Hyperliquid tokens valued at over $438,000. This move by the publicly listed company reflects growing institutional recognition of the potential held by the Hyperliquid ecosystem. The post Tony G Buys $438K in Hyperliquid Tokens—Is $HYPE the Next Sol Strategies Play? appeared first on Cryptonews.

Bitcoin price trades near its all-time high as ETH and several altcoins start fresh rallies. Key points: Bitcoin’s chance of hitting new highs increases as bulls show clear intent to defend the $109,000 level. ETH and HYPE are leading the altcoin charge. Read more

ETH leads majors, DeFi coins soar, HYPE hits ATH FOMO HOUR EP375 ETH leads majors as BTC briefly hits $110k. Staking not a securities transaction: Atkins. Atkins set to remove regulatory barriers for DeFi. AAVE & UNI lead DeFi coins higher. HYPE hits ATH, assistance fund now owns $1bn. Staked Ethereum hits ATH. Circle hits 4x IPO price. South Korea unveils plan to allow stablecoins. BTC Coinbase premium at 4-month high. Crypto fund assets hit record high in May. BlackRock BTC ETF fastest ever to hit $70bn AUM . Siebert to raise $100m to buy crypto. Japan’s ANAP adopts BTC reserve. Societe Generale launches USD stablecoin. ADA founder launches BTC DeFi protocol. Tether’s MOS to be open sourced in Q4 2025. Uphold explores IPO, or sale to payments firm. DoJ indicts Gugnin for laundering $530m crypto. FOMO HOUR brings you the biggest daily news, updates and events from inside and outside of the crypto and macro spheres! Join hosts Farokh, Mando and Tyler as they cover some of the biggest topics at present with so...

Bitcoin price pushed through a critical overhead resistance level, possibly opening the door to new all-time highs. Key points: Bitcoin opened the week with strength as bulls target new highs in BTC and altcoins. Many major altcoins are stuck in a range, but HYPE is showing signs of strength. Read more

ETH Foundation restructures, HYPE hits ATH, China tariffs delayed FOMO HOUR EP370 BTC reclaims $105k, ETH leads crypto gains. ETH Foundation restructures, shares new targets. ETH ETF inflows begin to outpace BTC. Robinhood acquires Bitstamp. Strategy to sell equity to raise $250m to buy BTC. HK’s Reitar Logtech to buy $1.5bn BTC. HYPE hits ATH, to get Binance US listing. NBX’s stock up 140% on BTC reserve policy. Tether sends 37k BTC to Twenty One Capital. Metaplanet buys $114m BTC. Blockchain Group buys $68m BTC. Sberbank to issue bonds tied to BTC. Coinbase delayed data breach reveal. Coinbase adds Ethena to listing roadmap. Sharplink down 30%, after 2000% surge. Public co. Classover to raise $500m to buy SOL. SOL signs MOU with Dubai to collab on crypto. Consensys acquires Web3Auth. Sberbank offers structured bonds linked to BTC. FOMO HOUR brings you the biggest daily news, updates and events from inside and outside of the crypto and macro spheres! Join hosts Farokh, Mando and Tyler as they cover some of t...

Bitcoin’s rise above $105,000 could improve sentiment, triggering a rally in ETH, HYPE, TAO, and QNT. Key points: Bitcoin remains stuck below $105,000 during the weekend, but the downside looks limited. Any relief rally in Bitcoin is likely to propel ETH, HYPE, TAO, and QNT higher. Read more

Bitcoin’s price rally takes a breather over the weekend, but a bullish weekly close could translate to gains from HYPE, XMR, AAVE and WLD. Key points: Bitcoin price is stuck below $109,588, but the pullback has not altered its bullish chart structure. A bullish weekly open from Bitcoin could extend gains in HYPE, XMR, AAVE, and WLD. Read more

HYPE is echoing Solana’s 2021 breakout pattern, with technicals pointing to a potential 240% rally by July. Key takeaways: HYPE is mirroring Solana’s 2021 breakout structure, targeting a 240% rally by July. Familiar crypto fractals suggest HYPE could spark similar momentum-driven hype. Read more