Bitcoin Hit a Two-Week High on a Peace Deal It Doesn't Fully Trust.
A US-Iran deal to end hostilities and reopen the Strait of Hormuz sent oil sliding and Bitcoin above $65,500, a two-week high. The catch: it fixes oil, not crypto's demand problem.
A US-Iran deal to end hostilities and reopen the Strait of Hormuz sent oil sliding and Bitcoin above $65,500, a two-week high. The catch: it fixes oil, not crypto's demand problem.
Crypto built a $557M shadow market for SpaceX before its Nasdaq debut, pricing it above the IPO. Then the tokenized shares fell apart on Binance, Bybit and Bitget.
HIP-4 went live on mainnet with zero fees to open and a 1 million HYPE staking requirement for builders. Polymarket charges up to 2% on winners. That gap is the entire pitch.
The venture capital giant filed an 18-page letter telling federal regulators to hold the line. On the other side: a coalition of attorneys general from nearly every state in the country.
Three funding rounds in seven months. Annualized volume tripled to $178 billion. Five states are suing it. Coatue, Sequoia, and Morgan Stanley all wrote checks anyway.
The attacker funded the node through Monero and Hyperliquid weeks before the theft. Chainalysis mapped the entire trail. THORChain paused all trading.
Hyperliquid's HYPE token printed a fresh all-time high of $69.97, up more than 67% on the month. ETF inflows, fee-funded buybacks and a CFTC ruling are all feeding the same fire.
Three DeFi protocols paid out $96 million to holders in a single month. Hyperliquid led the group, and unlike most of its peers, every dollar of revenue went straight back to token holders.
He turned $7,600 into $25 million on PEPE. He built an $87 million account on Hyperliquid. He opened a perpetual futures position with $1.25 billion in notional exposure — on roughly $31 million of actual margin. On April 6, 2026, his account had $914 in it. This is the full story of how that happened — and what it reveals about leverage trading in crypto.
Solana-based tokens claiming exposure to Anthropic and OpenAI dropped 40% after both companies said unauthorized share transfers carry no value. PreStocks held $23 million against a $1.5 trillion implied valuation.
Bitwise CIO Matt Hougan called Hyperliquid one of the most mispriced assets in crypto. The firm launched a HYPE ETF on the NYSE, pledged to buy and hold HYPE with 10% of its management fees, and published a memo arguing investors are making two fundamental errors in how they value the token.
While regulators blocked Polymarket in India, Indonesia, and Spain this week, Hyperliquid quietly shipped HIP-4 outcome contracts for real-world events. Users can now bet on CPI prints and Fed decisions from the same account they use for crypto perps. No external oracle. No UMA. Validators settle everything.
Hyperliquid's SPACEX-USDH perpetual crashed 45% on Thursday, from $2,277 to $1,254 in a single 30-minute window. It liquidated 405 users across 1,393 positions, erasing $1.51 million. The median liquidated position held $31 in margin. The market had $4.87 million in daily volume and under $2.9 million in open interest. One candle ate all of it.
Hyperliquid generates close to $1 billion in annualized revenue. Almost all of it buys back and burns the token. Hayes set a $150 target. The price is $43. Something has to give.
A token built around AI hype collapsed 70% after on-chain investigators exposed extreme supply concentration. The rest of the losers list told a more familiar story: a macro risk-off week, revenue pressure in DeFi, and a July token unlock hanging over Worldcoin like a known weight.