Bitwise plans to allocate 10% of BHYP ETF management fees to buy HYPE tokens. HYPE price rose to $44+, with a16z-linked wallet buying 2.11M HYPE ($908.7M).
$ONT is currently sitting at a strong breakout zone 🚀
If this momentum continues, we could potentially see a 50–70%+ move in the short term ✍🏻📈
With volume support and overall market follow-through, the move could get even more aggressive 🔥
Keep your eyes on the chart — a next leg up may be in play 👀$ONT
BTC. D (BITCOIN DOMINANCE) ANALSYS
The chart above shows price action of DOMINANCE under a 1hour timeframe. The price performed a fake breadown of the support level mention at 60.62% and then rebounded now price is struggling to break above the key resistance trendline at 60.81% once it breaksout that means altcoins market wont pump as all of you know that BTC. D is in correlation to all of the CRYPTO space so Bullish confirmation in DOMINANCE is not good for the broader ALTCOIN space.
$BTC $XAUT $HYPE #Hyperliquid ETF gains traction #Minnesota allows crypto custody
TOTAL3 ANALSYS
The support level that i mentioned earlier have been tested successfully i expect a pump from here hopefully but we still need to break above the trend line resistance at 741.03B for a bullish confirmation in altcoins market. However a break bilow the mention critical support level at 734.21B can push the altcoins market towards lower support levels.
$BTC $XAUT $HYPE #Hyperliquid ETF gains traction #CLARITY Act Senate Banking Committee vote
Balina Loracle increased its HYPE short position to 1.44 million tokens, resulting in approximately $8.0 million in unrealized losses. @SoSoValueCrypto
Hyperliquid Strategies ($PURR) is probably the best-managed DAT out there.
While Bitcoin is declining, Hyperliquid:NATIVE is rising. I’m curious how far Bitcoin will go when it does rise. Typically, the altcoins expected to perform well later show their strength during Bitcoin’s downturns. When Bitcoin is in a bullish mood, alts tend to rise too—but if an alt rises during Bitcoin’s decline and then climbs even further when Bitcoin turns bullish, how high could it go?
🚨 @Bitwise will dedicate 10% of the management fees from its @HyperliquidX ETF to purchasing hyperliquid:native tokens. The product, named $BHYP, has just been listed on the NYSE. This move brings the issuer closer to Hyperliquid’s community-driven model, which already redistributes 99% of protocol revenues through HYPE buybacks and burns. The token has become the 10th largest cryptocurrency by market cap in under two years since its launch, with a market capitalization of approximately $11 billion. The protocol supports over 130 perpetual markets (crypto, equities, commodities, and forex) and has generated $4.4 trillion in perpetual trading volume, according to @DefiLlama. Bitwise thus becomes one of the first ETF issuers to align its own revenues with the accumulation of the underlying token of its product.
"It's a win for everyone, but it's especially a big win for Hyperliquid. 90% of the revenue goes to them" Ram on why Coinbase and Circle made a strategic move to neutralize an emerging competitor "For Coinbase and Circle, they were able to neutralize an emerging competitor. Very strategic move. Installing themselves at a key point in this new infrastructure" "For Hyperliquid, 90% of the revenue here goes to them. That's the toll they exact for having accomplished a tremendous amount over the last several years" "It was very prophylactic of Coinbase to get ahead of that. Hyperliquid is emerging as a decentralized trading venue. Hype is one of the assets you want to own this cycle"
Closed $HYPE at breakeven. The market feels too weak right now, so I didn’t want to keep holding a big long position. I was hoping for a bounce or some chop this week to let #HYPE run, but it didn’t happen. I’m not saying it will crash, but I’m back in protection mode only taking
🫡 "Set 10 Big Goals" short position on BTC yields $12.225 million in unrealized profit. The whale behind "Set 10 Big Goals" shared a screenshot showing an unrealized profit of $12.225 million on their BTC short position, though the exact position size and entry point remain undisclosed. On May 6, their BTC short position incurred a maximum loss of approximately $2.867 million when stopped out.
