Hyperliquid's HYPE slides 22% as competition mounts and token unlocks loom
HYPE's decline comes as rivals including Ondo and ApeX challenge Hyperliquid's perp dominance and traders weigh the impact of upcoming token unlocks.
Pluang · +6 outlets
Crypto longs lose $404M in four hours as bitcoin briefly slips below $80,000
The liquidation cascade marks one of the largest deleveraging events in recent months and briefly pushed bitcoin to multi-month lows.
The Block · +1 outlets
Pump.fun overtakes Hyperliquid in daily revenue with $2M in 24 hours
A memecoin launchpad out-earning a major perps exchange highlights how speculative retail flows still dominate crypto fee generation.
Crypto Briefing · +3 outlets
Wells Fargo, Cisco, Intuit among six more companies objecting to tokenized stocks
Growing corporate pushback against tokenized equity products signals friction over how blockchain-based stocks are structured and marketed.
Decrypt · +7 outlets
Arthur Hayes sells over $22M in tokens, says crypto must 'go down to go up'
The BitMEX co-founder's exit of his trading book is a notable bearish signal from a widely followed market figure.
Yahoo Finance · +6 outlets
Ondo enters perps race against Hyperliquid and Coinbase, clears $100M volume on day one
Ondo's perp debut adds another competitor to the crowded onchain derivatives market led by Hyperliquid.
Stocktwits
Apollo's Slok says AI has delivered 'zero financial payoff' outside tech
The Apollo chief economist argues AI's economic returns will be decided by the S&P 493 rather than the Magnificent 7.
Yahoo Finance · +14 outlets
Wall Street assets take nearly a quarter of crypto perpetual trading, Glassnode says
Perps on stocks, ETFs, indices, gold and oil reached 23.5% of perpetual volume on major crypto exchanges, with about $778B traded in August.
finance.yahoo · +6 outlets
Hyperliquid launches $29M DeFi policy center in Washington
The exchange is funding a DC policy operation as crypto firms ramp up lobbying ahead of regulatory battles.
CoinMarketCap · +3 outlets
Google quietly updates privacy policy to let Gmail and Photos data feed ads
The change expands how Google can use user data for advertising, a shift likely to draw privacy scrutiny.
Decrypt · +3 outlets
Franklin Templeton adds $150M in fund shares to XRP Ledger in single wallet
The asset manager's tokenized fund move is one of the larger real-world asset deployments on the XRP Ledger.
CoinDesk · +13 outlets
Hyperliquid Strategies more than triples PURR buyback to $100M as HYPE extends losses
The buyback expansion is an attempt to support PURR's stock as the underlying HYPE token continues to slide.
finance.yahoo · +2 outlets
Pump.fun's biggest winners may be impossible to copy, $752M study finds
Research into $752 million of trading exposes a structural gap between top launchpad traders and everyone else.
CryptoSlate
Argentine judge dismisses LIBRA criminal case against Milei, sister and token creator
The dismissal closes one legal front over the LIBRA memecoin scandal that followed Argentina's president.
CoinDesk · +8 outlets
Cysic hacker moves $744K to Tornado Cash after 10% bounty offer
The attacker's use of the mixer after a bounty offer shows continued reliance on Tornado Cash for laundering stolen funds.
cointelegraph.com · +1 outlets
US crypto delays hand digital asset advantage to Asia and Middle East, Apex CEO says
The Apex Group chief argues regulatory gridlock is pushing crypto activity and capital toward friendlier jurisdictions.
CoinDesk · +4 outlets
Hyperliquid HYPE tests $75 support as traders weigh $65 slide or $80 rebound
Traders are watching key technical levels after HYPE's sharp pullback from record highs.
BigGo Finance · +1 outlets
Anthropic futures aren't shares, Allocations CEO says
The comment addresses how pre-IPO exposure products tied to Anthropic should be characterized for investors.
www.thestreet.com · +1 outlets