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Hyperliquid clarified that a wallet identified shorting its HYPE token belongs to a former employee terminated in early 2024. The protocol reaffirmed its zero-tolerance policy on insider trading as it maintains market dominance in decentralized perpetual trading. What Happened: Former Employee Walle

Hyperliquid traded near $24 at press time, marking a decline of more than 60% from its all-time high of approximately $59. The token lost over 10% in the last 24 hours and nearly 13% across the previous week. What Happened: Technical Breakdown Trading volume reached $550 million over 24 hours. Marke

Hyperliquid faces a critical juncture as The Hyper Foundation proposes burning 1 billion HYPE tokens while December unlocks threaten to add selling pressure. The token traded below $30 but maintained a 3% daily gain as traders weighed competing supply dynamics. What Happened: Foundation Burn Proposa

Cantor Fitzgerald on Tuesday outlined a valuation framework in which Hyperliquid (HYPE) could support a market capitalization of more than $200 billion, based on a 50x multiple applied to a modeled $5 billion annual revenue scenario. The firm also initiated coverage on PURR and Hyperion DeFi (RION)

Bitcoin on Sunday evening staged a forceful rebound over the weekend, surging from levels below $88,000 to an intraday high of $91,767 and triggering a wave of liquidations across the crypto market. The sharp reversal erased heavily leveraged positions as large buyers stepped in and absorbed sell pr