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Are institutions selling Hyperliquid? Lookonchain reported that Multicoin Capital deposited another 333,166 HYPE worth $26.73 million into CoinbasePrime.
Six days ago, the firm had deposited 159.66k HYPE worth $13 million. The deposit signals the likelihood that supply might hit the market. However, it’s vital to note that exchange deposits don’t necessarily mean being sold. However, it mostly leads to selling.
Hyperliquid Spot ETFs lean strongly bearish In addition to Multicoin Capital deposits, it seems other institutions have been recently selling. A look at Hyperliquid Spot ETF flows confirms this sell-side activity.
According to SoSoValue data, the HYPE Spot ETF last recorded net inflows more than a week ago. Since then, the funds have mostly recorded outflows.
Source: SoSoValue The latest data showed that HYPE Spot recorded -$8.18 million in net outflows, suggesting that most investors have been recently cashing out.
In fact, Onchain Lens reported one such market approach from Bitwise. According to the on-chain monitor, Bitwise’s BHYP ETF wallet deposited 84.32K HYPE worth $6.71 million to Coinbase, with a likely intention to sell.
Bitwise has not bought HYPE over the past week. The last time Bitwise saw a net inflow was the 4th of September. This suggests that investors here are mostly selling, most likely in a profit realization spree.
With institutions selling, the market behavior leaves HYPE vulnerable and prone to downside pressure.
Why does the exchange flow tell a different story? Although Multicoin Capital and Spot ETFs have been aggressively depositing, it seems the market is actively taking in the pressure. Moreover, it’s evident that some of these deposits are not being sold, as evidenced by Spot exchange netflow.
This metric has largely remained negative. At press time, netflow was around -$2.6 million, suggesting more HYPE is being pulled out of exchanges.
Source: CoinGlass One source of this demand arises from the Hyperliquid protocol itself. The protocol has been aggressively burning HYPE tokens, which has worked perfectly well in reducing the supply available for immediate selling.
For instance, AMBCrypto earlier reported that Hyperliquid burned 32.77k HYPE worth approximately $2.6 million. The token burns have gone a long way to reduce the token supply, which also helped in improving investors’ perception of the project.
Are bears still a threat? Despite burns and buybacks, lack of institutional capital has resulted in short-term pressure. In fact, the altcoin holds below its simple moving average (SMA), which sits around $80.
Source: Tradingview On top of that, Hyperliquid’s MACD has been on a downward trajectory, falling to 2. This validates the bearishness. For now, the market pressure leans bearish and points to confined weakness.
If institutions continue to hold on the sell side, HYPE is likely to revisit $76 and attempt another leg up. But a close above $80 will likely invalidate the bearish outlook and target $84.
Final Summary Multicoin Capital deposited another 333,166 HYPE worth $26.73 million into CoinbasePrime. Bitwise’s BHYP ETF wallet deposited 84.32K HYPE worth $6.71 million to Coinbase as ETFs hold firmly bearish
Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
After its remarkable surge propelled ZEC into the top 10 of the cryptocurrency market, Zcash is about to reach another significant milestone. By market capitalization, the privacy coin is currently almost exactly behind Hyperliquid, with only a tiny difference between the two assets.
Can Zcash push Hype away?As of today, Hyperliquid's market capitalization is $19.87 billion, while ZEC's is roughly $19.3 billion. Less than 3% of HYPE's current valuation, or roughly $570 million, separates the two. ZEC would need to trade between $1,178 and $1,180 to surpass HYPE if its capitalization stays the same.
ZEC/USDT Chart by TradingViewThat target is not far away. At the moment, ZEC trades for about $1,144, and its 24-hour trading volume surpasses $1.07 billion. Over the past seven days, the token has also increased by about 1.15 percent, whereas HYPE has decreased by more than 6 percent. The capitalization gap is closing quickly as a result of this combination. The chart from Zcash demonstrates how aggressive the repricing has been.
HOT Stories
ZEC stays upAs recently as August, ZEC was trading at about $500 before soaring to $600, $800, and ultimately $1,000. Before beginning its current erratic consolidation, the rally peaked at $1,280. Significantly, despite numerous corrections, ZEC has managed to stay above $1,000 thus far.
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Additionally, the price is significantly higher than its major moving averages, maintaining the overall bullish structure. The RSI, in the upper 50s, has cooled from overbought territory, suggesting that some of the excessive momentum has already been eliminated. The immediate challenge lies around $1,160 to $1,200.
If HYPE stays close to its current valuation, Zcash would probably be able to overtake Hyperliquid by breaking through this area. The recent highs of $1,240–$1,280 would come back into focus above $1,200.
After such a dramatic rally, there is still a significant risk of a decline. If ZEC breaks below roughly $1,050–$1,080, it may return to the psychological $1,000 support. But for the time being, Zcash is remarkably close to changing its ranking. ZEC could surpass Hyperliquid and become the ninth-largest cryptocurrency by market capitalization with a mere 3 percent move.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
HYPE has maintained a price above $80, with current trading at $80.84 reflecting a 4.32% increase in the past 24 hours. The token remains in focus as activity levels across the Hyperliquid network stay elevated, and recent ETF net inflows provide additional attention.
ETF flows and network strengthHyperliquid, a blockchain network known for its decentralized exchange (DEX) ecosystem and growing adoption, has seen HYPE-linked ETF products receive net inflows. Hyperliquid Daily, a platform tracking developments across the network, reported on September 11 that HYPE ETFs recorded a total net inflow of $356,560.
Bitwise BHYP contributed $331,890 in net inflows, Grayscale HYPG saw $82,430 added, while 21Shares THYP recorded a net outflow of $55,770. Bitwise accounted for the majority of positive flows during this period.
ETFNet FlowBitwise BHYP+$331,890Grayscale HYPG+$82,43021Shares THYP-$55,770Total+$356,560These inflows occur as HYPE’s price remains well above its major breakout level and ETF demand enters the picture alongside the current technical setup. While positive ETF flows represent increased institutional and investor interest, the data shows mixed results between providers and does not establish a direct causal link with price gains.
ETF tracking by Hyperliquid Daily indicates HYPE ETFs experienced $356,560 in net inflows as of September 11, led by Bitwise and Grayscale products, while some outflows were seen at 21Shares.
Technical structure and market momentumHYPE recently broke its resistance at $69.18 and entered the $80-$90 trading range. The token then saw some cooling in price action, and current technical indicators show a moderation in near-term momentum. The MACD, a key momentum indicator in financial markets, has shifted with its line moving below the signal line and the histogram turning negative after the recent rally.
Despite the slowdown, the token remains well above its late summer breakout level at $69.18. A drop below this level could signal further weakness, while sustained trading above it keeps the bullish setup intact. Should a correction occur, additional support sits at $57.58.
Recent weeks also recorded elevated volume during HYPE’s late August and early September advance, though trading activity has cooled since the initial surge.
Network data and ecosystem activityData from DeFiLlama, a blockchain analytics platform, highlights ongoing growth on Hyperliquid L1—the network underlying HYPE. Total value locked (TVL) has increased from roughly $1.2 billion to $1.4 billion based on the latest available data. DEX trading volumes and the number of active wallet addresses also remain higher than previous periods, signaling continued usage and engagement across the platform.
Mini dictionary: DeFiLlama is an analytics dashboard tracking total value locked (TVL), trading volumes, and user activity across blockchains and decentralized finance protocols.
While increases in network metrics do not always translate to higher prices, they provide context for current price movements and reflect elevated participation within the Hyperliquid ecosystem.
Key levels and what’s nextFor HYPE’s next move, analysts are monitoring whether the token can hold above $80 following its recent surge. Renewed buyer interest could push price higher and challenge recent highs, while a drop below $69.18 would likely shift attention to lower support zones. The market also observes the impact of ETF inflows and on-chain activity as potential influences on short-term price direction.
The ability of HYPE to maintain price stability above its breakout area remains crucial for sustaining the token’s upward trend, with ETF activity and blockchain data offering additional indicators to market participants.
Traders are reminded that cryptocurrency markets remain highly volatile, and close monitoring of price trends, sentiment, and upcoming catalysts is essential before making investment decisions.
Grayscale handed financial advisors a ready-made crypto allocation on Monday, and XRP (XRP) took 26.11% of it. The token is the second-largest holding in the firm’s new Digital Assets Next Gen model portfolio.
A model portfolio is a published recipe. Grayscale picks the assets and the weights, and an advisor copies that mix into client accounts using the firm’s exchange-traded funds.
Today, Grayscale launched Model Portfolios.
Four strategies built around distinct investment objectives:
• Digital Assets Core Plus: Broad exposure to established assets, including $BTC, $ETH, $SOL, and $LINK
• Digital Assets Leaders: Exposure to the five largest eligible… pic.twitter.com/p62Gqrlkko
— Grayscale (@Grayscale) September 14, 2026 XRP Sits Second in a Portfolio Built Without BitcoinThe Next Gen model leaves Bitcoin out and held seven funds as of August 31. Ether leads at 42.34%, XRP follows at 26.11%, and Solana takes 21.09%.
Grayscale’s New Crypto Portfolios. Source: GrayscaleThose three fill roughly 89% of the basket. Hyperliquid, a trading-focused blockchain whose Grayscale fund listed only in June, takes 5.76%. Chainlink, Avalanche, and Sui split what is left.
Grayscale caps any one asset at 40% and resets the weights every three months. Ether has already drifted past that cap since the model started on July 27.
The Funds Behind It Have Been Losing MoneyXRP trades near $1.42, up about 5% on the day and fifth by market value. The Grayscale XRP Trust ETF, however, sits 38.51% below its launch price.
BeInCrypto reported in August that the same trust sold $180 million in tokens during the first half of the year at a realized loss. Six of the model’s seven funds trade below where they started.
The model itself shows a 30.69% net gain since July 27. That is five weeks of history built on one strong August, and the rest of the return table is empty.
Grayscale Returns on Model Portfolio. Source: Grayscale “Advisors are increasingly looking for ways to bring digital assets into client portfolios without having to build and maintain allocations asset by asset,” Laurie Katz, Grayscale’s Global Head of Distribution, framed the launch around convenience.
Grayscale charges no separate fee for the models, and the underlying funds average 0.23%. Whether advisors read Next Gen as emerging assets or as a large ether and XRP bet under a different name will decide how much money follows.
Zach Pandl from Grayscale has highlighted Hyperliquid’s significant growth, positioning it as a competitor to Binance in the perpetual futures market. Cointelegraph reports that Hyperliquid is now the third-largest crypto exchange by open interest, which has recently surpassed $11 billion. This development positions Hyperliquid as a key player in the on-chain derivatives market, challenging major centralized exchanges like Binance. The broader market appears to interpret this growth as a positive indicator for Hyperliquid’s future prospects, potentially influencing its price predictions.
Key Takeaways The report suggests Hyperliquid’s open interest has grown, surpassing $11 billion, which positions it as a major player in the market. Current market pricing for Hyperliquid’s future price reflects a mixed outlook, with a slight decrease in the probability of reaching $100 by the end of 2026. Hyperliquid’s competition with Binance and its growth trajectory may indicate further developments in the decentralized exchange space. What to Watch Market participants and observers will be closely monitoring Hyperliquid’s ongoing growth and its impact on the broader crypto market. Key developments, such as potential partnerships or changes in market share, could influence pricing scenarios. Additionally, any regulatory changes or technological advancements could play a significant role in shaping Hyperliquid’s future competitive position. Markets will likely react to any major announcements from Hyperliquid or its competitors that could further define its standing in the crypto exchange landscape.
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Term Structure
Contract Odds Δ since publish Volume 24h December 31 49.5% +0.5¢ $76 View market → January 1 2027 3.8% +0.1¢ $29 View market → January 1 2027 2.6% 0.0¢ $244 View market → January 1 2027 4.5% 0.0¢ $93 View market → January 1 2027 3.9% -0.1¢ $29 View market → January 1 2027 72% +2¢ $102 View market → January 1 2027 9.5% -1¢ — View market → January 1 2027 6% +0.5¢ $65 View market → January 1 2027 6.5% 0.0¢ $29 View market → Updated 6min ago
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Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Abraxas Capital, a prominent crypto investment firm, has reportedly amassed over $980 million in short positions on Hyperliquid, according to data from on-chain analytics. This development highlights Abraxas’s significant exposure to the decentralized perpetual futures exchange, particularly through leveraged shorts involving the HYPE token. The firm’s strategy appears to involve complex hedging activities, as evidenced by their concurrent spot ETH transactions. Market observers suggest that this substantial short positioning could indicate Abraxas’s anticipation of potential declines in Hyperliquid’s valuation.
Key Takeaways Abraxas Capital’s large short position appears consistent with expectations of a decline in Hyperliquid’s price. The market’s current pricing of a 49% YES probability for Hyperliquid reaching $100 by year-end suggests uncertainty amid Abraxas’s positioning supportive of NO outcomes. The firm’s activities are seen as a key indicator, given its history of significant market influence. What to Watch Market participants will be closely monitoring any further moves by Abraxas Capital, which could indicate broader market sentiment shifts. Key developments to watch include potential responses from Hyperliquid, such as strategic partnerships or technological advancements, which could counter the prevailing downside outlook. Additionally, any regulatory news or market disruptions affecting decentralized exchanges could further impact market perceptions and pricing around Hyperliquid’s future performance.
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Term Structure
Contract Odds Δ since publish Volume 24h December 31 49.5% +0.5¢ $76 View market → January 1 2027 3.8% 0.0¢ $29 View market → January 1 2027 2.6% 0.0¢ $244 View market → January 1 2027 4.5% 0.0¢ $93 View market → January 1 2027 3.9% +0.2¢ $29 View market → January 1 2027 72% +0.6¢ $102 View market → January 1 2027 9.5% -1¢ — View market → January 1 2027 6% 0.0¢ $65 View market → January 1 2027 6.5% 0.0¢ $29 View market → Updated 7min ago
Despite Bitcoin failing to hold above $80,000 following the recent rally, the cryptocurrency is unlikely to revisit the lower price levels it has hovered near for much of this year, according to CoinMarketCap Head of Research Alice Liu.
“I think we might have already touched the bottom,” Liu tells Cointelegraph on Trade Secrets, referring to Bitcoin falling to around $59,000 in June this year, approximately 53% below its October all-time high of $126,100.
Bitcoin recently tapped $81,600 at the start of September, an approximate 28% rally since mid-August. It pushed the CoinMarketCap Crypto Fear & Greed Index, which measures overall sentiment in the crypto market, back up to Greed after posting Fear scores for most of the year.
However, Liu says some of the more interesting narratives are unfolding outside Bitcoin, particularly in the markets for tokenized real-world assets and perpetual futures. “For Hype [Hyperliquid], there are two things I want to mention. Number one is the activity, and number two is the price, because the network activity doesn’t necessarily translate to the price, and vice versa,” she says.
Hyperliquid ‘still leads’ says Alice Liu“One interesting thing is I was looking at the RWA perps for the past two months, so the perpetrals backed onto tokenized stocks, tokenized ETFs, and tokenized indices,” she says. Liu said that while Hyperliquid currently holds market share, that might not always be the case as centralized exchanges swoop in.
“Tokenization of the perps, people normally traded on Hyperliquid. But since Binance started to launch the RWA perps, the volume and liquidity quickly moved to Binance,” Liu says.
“Binance takes about 50% of the market share. But when it comes to DEX, Hyperliquid still leads in that space,” she says.
Hyperliquid is up 47.50% over the past 30 days. Source: CoinMarketCap
“Hyperliquid is still a venue where a lot of the liquidity is getting aggregated, and a lot of the product’s scale is created there.”
On the Hyperliquid token’s price, Liu points to a different driver. “Hype did hit an all-time high recently: $86. And what’s really interesting is the buybacks.” She explains that Hyperliquid is leading the pack in token buybacks, which is when a project uses its revenue to buy back its own tokens on the open market.
“Hype has spent over $400 million USD on token buybacks. So I think some of this price action momentum we’re seeing is supported by that as well,” Liu says.
She says that Hyperliquid only has a small amount of tokens unlocked, so we’ll continue to see the token unlocks gradually come out.
Alice Liu is more cautious on the AI-crypto narrativeLiu says that means the Hype price is dependent on revenue flowing in to support buybacks.
“So, will we have enough activity on the network to generate the revenue to continue with the buybacks to support the price level? I think that’s one of the key things to watch.” While Liu remains bullish on Hyperliquid, she is more cautious on the AI-crypto narrative, particularly AI tokens with little or no utility that surged in popularity in late 2023.
“They are facing such big competition at the moment with the actual AI stocks, all the memory stocks, and all the AI companies. So I think that might be the competitor they’re facing,” Liu says
“For the previous cycle meme-ified AI tokens that do not have any utility or infrastructure, and are purely just backing onto a concept. I think those could potentially go to zero,” she says.
However, Liu emphasizes that there are “some really solid” AI infrastructure projects. “I think they will have utilities too. But even then, I think they’re likely to get a price discount,” she says.
Liu says Bitcoin and the broader crypto market are being underestimated as a place to park funds in the current economic environment, but she takes a more conservative view than Coinbase CEO Brian Armstrong and ARK Invest CEO Cathie Wood, who have both predicted Bitcoin will reach $1 million by 2030.
“Bitcoin to $500K by 2030,” Liu laughs.
“It’s not unlikely that we might hit one million, but I’ll give it a more conservative answer,” Liu adds.
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Bitcoin struggled to maintain price levels above $80,000 after its recent rally, but CoinMarketCap Head of Research Alice Liu stated that the leading cryptocurrency is unlikely to revisit the lower price points seen earlier this year.
Bitcoin holds gains above yearly lowsLiu referred to Bitcoin touching a low near $59,000 in June, which reflects a 53% decline from its October all-time high of $126,100. She remarked that this drop may have marked the cycle’s bottom, suggesting that significant retracements are now less likely.
Bitcoin recently reached $81,600 at the beginning of September, representing about a 28% rebound since mid-August. This price move pushed the CoinMarketCap Crypto Fear & Greed Index—which monitors collective market sentiment for cryptocurrencies—back into the Greed zone after months of showing widespread caution in the market.
CoinMarketCap, a widely used crypto data aggregator, is known for publishing metrics such as market capitalization, trading volume, and sentiment indices across major digital assets.
While Bitcoin’s recovery has dominated headlines, Liu shifted her focus to emerging trends outside of the core cryptocurrency market. She pointed to growing activity in the field of tokenized real-world assets and perpetual futures contracts.
Competition intensifies in RWA perpetuals and DEXsLiu highlighted developments around Hyperliquid, a decentralized derivatives trading platform. She emphasized that network activity and token price can move independently and noted increased attention to real-world asset (RWA) perpetuals—derivatives backed by tokenized stocks, ETFs, and indices.
She reported that Hyperliquid initially captured a large share of trading volume for these RWA perpetuals. However, after Binance—the world’s largest cryptocurrency exchange by volume—launched its own RWA perpetuals, much of this activity shifted to Binance, which now accounts for about 50% market share. Despite this, Liu said Hyperliquid remains the leader among decentralized exchanges (DEXs) for these products.
Mini dictionary: Hyperliquid is a decentralized derivatives trading platform, allowing users to trade perpetual contracts on-chain, with an emphasis on real-world asset (RWA) integration and high on-chain liquidity.
PlatformMarket Share (RWA Perpetuals)Binance50%HyperliquidLeading among DEXsHyperliquid’s native token, Hype, is up 47.50% over the past 30 days. Liu attributed recent price gains to significant token buybacks, citing more than $400 million spent on buybacks as a key factor supporting momentum. She added that the limited supply of unlocked tokens could further influence price movements as new tokens continue to be gradually released to the market.
Hyperliquid remains a venue where substantial liquidity is concentrated and much of the scale in RWA perpetuals is driven.
Alice Liu weighs in on AI-crypto tokensAccording to Liu, the price outlook for Hype depends on ongoing project revenue to sustain buybacks. Although she maintains a positive stance on Hyperliquid, Liu expressed caution toward the broader narrative of AI-focused crypto tokens, especially those that peaked in popularity in late 2023 with limited real-world utility.
She argued that many meme-inspired AI tokens face intense competition from major technology and AI companies and may struggle to maintain value. “For previous cycle meme-ified AI tokens that lack tangible utility or infrastructure, there is a possibility they could become worthless,” she noted.
Liu acknowledged that some AI-related infrastructure projects in crypto show promise and provide utility, but she expects even these may trade at discounted valuations compared to expectations.
While discussing Bitcoin’s long-term prospects, Liu described the flagship cryptocurrency and the larger market as underestimated destination for investment in the current economic climate. She offered a more conservative perspective than Coinbase CEO Brian Armstrong and ARK Invest CEO Cathie Wood, who have both suggested Bitcoin could reach $1 million by 2030. Liu concluded that while such heights are not impossible, she prefers a cautious outlook.
Machi Big Brother is holding $151.17 million in leveraged long positions on Hyperliquid against an account value of $5.95 million. Every position points in the same direction.
Arkham data shows the trader has taken no offsetting short exposure. Two of his three assets have fallen over the past week.
Machi Big Brother Stacks $151 Million Across Three LongsThe largest leg is Ethereum (ETH). Machi holds 39,800 ETH at 25x leverage, a position worth $100 million, according to Arkham. His entry sits near $2,480.
Machi Big Brother Perp Positions. Source: ArkhamBitcoin (BTC) follows at $44.14 million. That covers 569 BTC at 40x, the highest leverage anywhere in the book. The third leg is Hyperliquid (HYPE). He holds 88,000 tokens at 10x leverage, worth $7.03 million.
All three entries sit within roughly 1% of current marks. Unrealized profit across the account totals $1.2 million. The ETH leg supplies $1.21 million of that figure.
Bitcoin contributes just $35,630 on a $44.14 million position. HYPE, meanwhile, sits $49,650 in the red. Spot holdings on the tracked addresses come to $0.55. The rest of the account value sits in perpetual futures.
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Two of Three Assets Move the Wrong WayTwo of the three are already losing ground. Bitcoin has slipped 2.5% to around $77,548, while HYPE has fallen 7.3% to $79.86.
Only Ethereum held its ground. It trades at $2,510 and gained 0.6% on the week, which explains why it carries almost all of his profit.
The pullback follows a strong run. Over 30 days, HYPE has still climbed by 41.5%, Ethereum by 33.6%, and Bitcoin by 23.2%.
Institutional flows turned in the same week. Bitcoin exchange-traded funds (ETFs) shed $462.73 million in the week ending September 11, ending three straight weeks of inflows.
HYPE funds lost $26.42 million over the same period, breaking a five-week positive run. Ethereum products drew $197.11 million in inflows, marking a fourth consecutive weekly inflow.
Ethereum is carrying the entire book. Bitcoin and HYPE have both given ground, and the Federal Reserve meets on September 16 with high odds of a rate increase.
Higher rates typically weigh on risk assets, which would test the two legs where Machi holds heavy leverage.
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Three major AI giants have collectively called for a slowdown in AI development, but Trump directly rejected the call, stating: "Whoever wins AI will win"
Breaking news from Beating AI Insight: After Dario Amodei, Sam Altman, and Elon Musk successively called for slowing down frontier AI development, Donald Trump has explicitly rejected such appeals. He acknowledged that safety guardrails could be added to AI, but argued that many catastrophic predictions will never come to pass. Trump stated that the U.S. is currently ahead of China in AI and hopes to maintain that lead. "Whoever wins the AI race wins everything," he said. He also criticized that many "negative forces" are hyping things that will never happen.
3 hours ago
Alleged Gen Z trader 0xRay518 has been steadily adding to short positions in PONS and SNDK recently, and trimmed his Bitcoin short position this morning to lock in profits.
According to monitoring by TradingBeats (formerly Hyperinsight), 0xRay518, a prominent post-2000s crypto trader, added short positions in PONS and SNDK over the weekend. As of press time, the address holds $13.46 million worth of 10x SNDK shorts and $3.62 million worth of 3x PONS shorts, making it the second-largest short position holder on Hyperliquid. Separately, 0xRay518 cut his Bitcoin short position by 49.12 BTC this morning, and still holds $81.52 million worth of 20x Bitcoin shorts. Public records show 0xRay518 launched his investment career at 14 in 2020, trading shipping stocks with $3,000 in New Year’s lucky money, peaking at roughly $300,000 in profits before nearly blowing his account due to high leverage. Between 2021 and 2022, he pivoted to NFTs and crypto airdrops, earning his first substantial fortune from the Arbitrum airdrop. In 2025, he abandoned his mid-year high school senior exam halfway, went all-in with $1 million on TRUMP coin on the side, and exited with a 3x to 4x profit.
3 hours ago
Binance will support the USDT contract swap on the Optimism network.
Binance will suspend Optimism network USDT deposits and withdrawals at 02:00 UTC on September 17, 2026, to support the token swap. The swap has a 1:1 ratio: the new token will be named USDT0, while the old token will be renamed OPUSDTE. Spot, margin, futures trading, and Binance Earn services remain unaffected.
3 hours ago
Doubao Mobile Assistant Officially Launches: GUI Operation App Remains, App Can Reject AI Operations
Beating AI News: Doubao Officially Launches Consumer Version of Its Mobile Assistant. It remains an AI assistant software that operates in collaboration with mobile manufacturers at the system level. The first mass-produced device, nubia NaviX Ultra, was previously announced and is set to launch and go on sale on September 16. The "phone operation" feature, which sparked the most controversy earlier, has not been scrapped and remains in Beta form. Doubao also launched the SAEP (Screen Automation Operation Declaration Protocol), allowing third-party apps to set their own rules on whether the AI can perform screen reading, tapping, and operations within their apps; if an app explicitly refuses, Doubao will not proceed with automated operations. In July, LatePost reported that the new generation of Doubao mobile assistant would no longer directly operate super apps like Alibaba and Tencent via GUI. Only when these apps proactively open MCP services can Doubao call their relevant data and functions. MCP refers to interfaces that apps proactively open for Doubao, while SAEP governs the scope of operations developers allow Doubao to perform when interacting with apps via screen reading and simulated taps. Both mechanisms are now in place simultaneously.
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Bonk Guy’s shilling of the Arc Chain Launchpad platform has sparked criticism, with the platform facing accusations of holding rug pull privileges.
Well-known crypto KOL Bonk Guy posted early this morning that he has purchased LONG, the native token of Arc’s main Launchpad, as well as the platform’s top three meme coins, citing short-term trading opportunities on the Arc blockchain. Driven by the news, LONG’s market cap surged 27-fold in a short period. On-chain analytics show that multiple new addresses accumulated LONG at low levels yesterday, and the pump pushed their positions to unrealized gains of hundreds of thousands of US dollars. Additionally, crypto KOL 0xShawn, who previously arbitraged $230,000 by minting BNC4 at off-exchange prices via Four.meme, stated that the long.supply platform holds rug pull privileges and can mint fake USDT at any time. The platform built a cross-chain bridge for Robinhood-chain stock tokens via its own custom cross-chain infrastructure; the stock tokens on the Arc chain are not issued by the official, but by the platform itself. Moreover, the cross-chain bridge’s underlying protocol is not a reliable one like Wormhole or LayerZero (L0). This means: "The project team can shut down the cross-chain bridge at any time and siphon off the locked funds from the Robinhood chain. You are essentially exchanging your real USDT for fake USDT on the Arc chain, similar to the eUSD platform before its launch, which was eventually shut down after an emergency investigation by authorities." BlockBeats reminds users that celebrity shilling may involve conflicts of interest, and users should carefully vet the security of related projects and invest cautiously.
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Long.xyz Founder: This Week to Roll Out Contract and Synthetic Asset Design Updates, Integrating Them with the Platform’s Top Trading Pairs
Long.xyz, a meme coin issuance platform built on Robinhood’s blockchain, founder Nate stated in a post that this week, perpetual contracts and synthetic assets will have great design scope, and they will be integrated with the platform’s top trading pairs. Last week, Long.xyz launched a 1x long position pool supporting tokenized positions of OpenAI and Anthropic, a product that was once widely hyped in the market.
Three major AI giants have collectively called for a slowdown in AI development, but Trump directly rejected the call, stating: "Whoever wins AI will win"
Breaking news from Beating AI Insight: After Dario Amodei, Sam Altman, and Elon Musk successively called for slowing down frontier AI development, Donald Trump has explicitly rejected such appeals. He acknowledged that safety guardrails could be added to AI, but argued that many catastrophic predictions will never come to pass. Trump stated that the U.S. is currently ahead of China in AI and hopes to maintain that lead. "Whoever wins the AI race wins everything," he said. He also criticized that many "negative forces" are hyping things that will never happen.
3 hours ago
Binance will support the USDT contract swap on the Optimism network.
Binance will suspend Optimism network USDT deposits and withdrawals at 02:00 UTC on September 17, 2026, to support the token swap. The swap has a 1:1 ratio: the new token will be named USDT0, while the old token will be renamed OPUSDTE. Spot, margin, futures trading, and Binance Earn services remain unaffected.
3 hours ago
Doubao Mobile Assistant Officially Launches: GUI Operation App Remains, App Can Reject AI Operations
Beating AI News: Doubao Officially Launches Consumer Version of Its Mobile Assistant. It remains an AI assistant software that operates in collaboration with mobile manufacturers at the system level. The first mass-produced device, nubia NaviX Ultra, was previously announced and is set to launch and go on sale on September 16. The "phone operation" feature, which sparked the most controversy earlier, has not been scrapped and remains in Beta form. Doubao also launched the SAEP (Screen Automation Operation Declaration Protocol), allowing third-party apps to set their own rules on whether the AI can perform screen reading, tapping, and operations within their apps; if an app explicitly refuses, Doubao will not proceed with automated operations. In July, LatePost reported that the new generation of Doubao mobile assistant would no longer directly operate super apps like Alibaba and Tencent via GUI. Only when these apps proactively open MCP services can Doubao call their relevant data and functions. MCP refers to interfaces that apps proactively open for Doubao, while SAEP governs the scope of operations developers allow Doubao to perform when interacting with apps via screen reading and simulated taps. Both mechanisms are now in place simultaneously.
3 hours ago
Bonk Guy’s shilling of the Arc Chain Launchpad platform has sparked criticism, with the platform facing accusations of holding rug pull privileges.
Well-known crypto KOL Bonk Guy posted early this morning that he has purchased LONG, the native token of Arc’s main Launchpad, as well as the platform’s top three meme coins, citing short-term trading opportunities on the Arc blockchain. Driven by the news, LONG’s market cap surged 27-fold in a short period. On-chain analytics show that multiple new addresses accumulated LONG at low levels yesterday, and the pump pushed their positions to unrealized gains of hundreds of thousands of US dollars. Additionally, crypto KOL 0xShawn, who previously arbitraged $230,000 by minting BNC4 at off-exchange prices via Four.meme, stated that the long.supply platform holds rug pull privileges and can mint fake USDT at any time. The platform built a cross-chain bridge for Robinhood-chain stock tokens via its own custom cross-chain infrastructure; the stock tokens on the Arc chain are not issued by the official, but by the platform itself. Moreover, the cross-chain bridge’s underlying protocol is not a reliable one like Wormhole or LayerZero (L0). This means: "The project team can shut down the cross-chain bridge at any time and siphon off the locked funds from the Robinhood chain. You are essentially exchanging your real USDT for fake USDT on the Arc chain, similar to the eUSD platform before its launch, which was eventually shut down after an emergency investigation by authorities." BlockBeats reminds users that celebrity shilling may involve conflicts of interest, and users should carefully vet the security of related projects and invest cautiously.
3 hours ago
Long.xyz Founder: This Week to Roll Out Contract and Synthetic Asset Design Updates, Integrating Them with the Platform’s Top Trading Pairs
Long.xyz, a meme coin issuance platform built on Robinhood’s blockchain, founder Nate stated in a post that this week, perpetual contracts and synthetic assets will have great design scope, and they will be integrated with the platform’s top trading pairs. Last week, Long.xyz launched a 1x long position pool supporting tokenized positions of OpenAI and Anthropic, a product that was once widely hyped in the market.
3 hours ago
JPMorgan Chase raises its forecast for the number of interest rate hikes by the Federal Reserve this year.
JPMorgan Chase expects the Federal Reserve to raise interest rates by 25 basis points each in September and December 2026, revising its earlier forecast of a single rate hike in December.
Cardano (ADA), Hyperliquid (HYPE), Shiba Inu (SHIB), and Stellar (XLM) are all trading at critical technical junctures as crypto market momentum slows and bullish catalysts fade. After a largely positive summer, each token now faces key resistance and support levels that will decide their near-term direction.
Cardano: Momentum stalls near $0.20Following an earlier recovery from late June lows near $0.14, Cardano gained ground to surpass the $0.18 and $0.20 thresholds, peaking near $0.26 at the height of August’s rally. However, that move was sharply rejected at the longer-term moving average, sending ADA into a corrective phase.
ADA now trades around $0.205. It sits within a tight cluster of short- and medium-term moving averages, making the $0.195-$0.20 support region crucial for near-term price action. The asset failed to sustain movement above $0.22 or break resistance at $0.23 in recent sessions, with price action pushing back toward the lower end of its range.
If the $0.195-$0.20 support cluster fails, there is potential for ADA to test $0.18–$0.185, threatening the higher-low structure set since June. For bulls to regain control, they must reclaim $0.22, opening the way for targets between $0.24 and $0.26.
Recent shifts in trading volume and a neutral RSI around 50 suggest that neither buying nor selling pressure is currently dominant. ADA’s technical outlook hinges on holding support above $0.20 and overcoming resistance at $0.22 in the days ahead.
Hyperliquid: Correction after parabolic rallyHYPE is experiencing a more pronounced correction but remains stronger overall compared to ADA. Currently trading at $77.90, HYPE is down from its September peak near $89, following a sharp rally from $52 in August—an almost 70% increase before momentum faded.
Short-term weakness is now in focus as HYPE tests its rapidly rising short-term moving average at $76–$78. The RSI has cooled from overbought levels to the low-50s, indicating a broad reduction in buying interest. Holding above this area could allow HYPE to consolidate before another attempt to reclaim $82–$84, with $87–$90 as the next resistance area.
If HYPE loses support at $76, however, the next dynamic area is at $73, followed by $68–$69. Despite the correction, prices remain above major medium- and long-term moving averages.
This latest pullback resembles a typical consolidation after a steep uptrend, rather than a clear bearish reversal—at least as long as key structural support levels hold.
Shiba Inu: Caught in consolidationShiba Inu continues to trade within a compressed technical structure, reflecting both short-term support and persistent long-term resistance. SHIB trades at approximately $0.00000521, with buyers repeatedly defending the $0.0000050–$0.0000051 zone since late August. This has built a sequence of higher short-term lows from a July bottom of $0.0000041.
The token faces ongoing resistance from its declining long-term moving average, situated between $0.0000056 and $0.0000057. Previous attempts to rally above $0.0000055 ended in sharp failures, most recently with the August spike to $0.0000062.
Current momentum remains neutral, corroborated by low trading activity and an RSI near 50. A loss of the $0.0000050 support could send SHIB toward $0.0000047–$0.0000048. Stronger bullish signals would only emerge after an established breakout above $0.0000055–$0.0000057.
Stellar: Range-bound with declining volumeStellar’s price structure is even more compressed, with XLM trading around $0.178 and consolidating within short- and medium-term moving averages. After June’s surge to $0.30 was unwound, subsequent rallies have produced progressively weaker highs.
XLM has struggled to reclaim its key long-term moving average at $0.188–$0.190, which remains the primary resistance that bulls need to reverse. The most recent uptrend in September failed at $0.195, and volume has since declined sharply.
Short-term support between $0.173 and $0.175 is holding for now. Any sustained loss of this region could see sellers target $0.165, or the August low near $0.155–$0.160. With the RSI hovering at 50, XLM currently shows no clear direction and stays trapped within a broad range.
Until XLM decisively breaks above $0.19, upside potential remains limited, and the token is expected to remain range-bound with no strong momentum in either direction.
Against this background of sideways price action and key resistance testing, traders are placing greater emphasis on efficient monitoring tools. In a market where a single Fed decision or a sudden altcoin listing can change everything in seconds, jumping between different apps for charts, news, and portfolio tracking is costing investors money. Smart traders are now utilizing privacy-first tools like CryptoAppsy to consolidate everything. Without even the hassle of creating an account, users can access real-time charts, smart price alerts, coin-specific news, and critical macro data on one screen.
Three major AI giants have collectively called for a slowdown in AI development, but Trump directly rejected the call, stating: "Whoever wins AI will win"
Breaking news from Beating AI Insight: After Dario Amodei, Sam Altman, and Elon Musk successively called for slowing down frontier AI development, Donald Trump has explicitly rejected such appeals. He acknowledged that safety guardrails could be added to AI, but argued that many catastrophic predictions will never come to pass. Trump stated that the U.S. is currently ahead of China in AI and hopes to maintain that lead. "Whoever wins the AI race wins everything," he said. He also criticized that many "negative forces" are hyping things that will never happen.
2 hours ago
Alleged Gen Z trader 0xRay518 has been steadily adding to short positions in PONS and SNDK recently, and trimmed his Bitcoin short position this morning to lock in profits.
According to monitoring by TradingBeats (formerly Hyperinsight), 0xRay518, a prominent post-2000s crypto trader, added short positions in PONS and SNDK over the weekend. As of press time, the address holds $13.46 million worth of 10x SNDK shorts and $3.62 million worth of 3x PONS shorts, making it the second-largest short position holder on Hyperliquid. Separately, 0xRay518 cut his Bitcoin short position by 49.12 BTC this morning, and still holds $81.52 million worth of 20x Bitcoin shorts. Public records show 0xRay518 launched his investment career at 14 in 2020, trading shipping stocks with $3,000 in New Year’s lucky money, peaking at roughly $300,000 in profits before nearly blowing his account due to high leverage. Between 2021 and 2022, he pivoted to NFTs and crypto airdrops, earning his first substantial fortune from the Arbitrum airdrop. In 2025, he abandoned his mid-year high school senior exam halfway, went all-in with $1 million on TRUMP coin on the side, and exited with a 3x to 4x profit.
2 hours ago
Binance will support the USDT contract swap on the Optimism network.
Binance will suspend Optimism network USDT deposits and withdrawals at 02:00 UTC on September 17, 2026, to support the token swap. The swap has a 1:1 ratio: the new token will be named USDT0, while the old token will be renamed OPUSDTE. Spot, margin, futures trading, and Binance Earn services remain unaffected.
2 hours ago
Doubao Mobile Assistant Officially Launches: GUI Operation App Remains, App Can Reject AI Operations
Beating AI News: Doubao Officially Launches Consumer Version of Its Mobile Assistant. It remains an AI assistant software that operates in collaboration with mobile manufacturers at the system level. The first mass-produced device, nubia NaviX Ultra, was previously announced and is set to launch and go on sale on September 16. The "phone operation" feature, which sparked the most controversy earlier, has not been scrapped and remains in Beta form. Doubao also launched the SAEP (Screen Automation Operation Declaration Protocol), allowing third-party apps to set their own rules on whether the AI can perform screen reading, tapping, and operations within their apps; if an app explicitly refuses, Doubao will not proceed with automated operations. In July, LatePost reported that the new generation of Doubao mobile assistant would no longer directly operate super apps like Alibaba and Tencent via GUI. Only when these apps proactively open MCP services can Doubao call their relevant data and functions. MCP refers to interfaces that apps proactively open for Doubao, while SAEP governs the scope of operations developers allow Doubao to perform when interacting with apps via screen reading and simulated taps. Both mechanisms are now in place simultaneously.
2 hours ago
Bonk Guy’s shilling of the Arc Chain Launchpad platform has sparked criticism, with the platform facing accusations of holding rug pull privileges.
Well-known crypto KOL Bonk Guy posted early this morning that he has purchased LONG, the native token of Arc’s main Launchpad, as well as the platform’s top three meme coins, citing short-term trading opportunities on the Arc blockchain. Driven by the news, LONG’s market cap surged 27-fold in a short period. On-chain analytics show that multiple new addresses accumulated LONG at low levels yesterday, and the pump pushed their positions to unrealized gains of hundreds of thousands of US dollars. Additionally, crypto KOL 0xShawn, who previously arbitraged $230,000 by minting BNC4 at off-exchange prices via Four.meme, stated that the long.supply platform holds rug pull privileges and can mint fake USDT at any time. The platform built a cross-chain bridge for Robinhood-chain stock tokens via its own custom cross-chain infrastructure; the stock tokens on the Arc chain are not issued by the official, but by the platform itself. Moreover, the cross-chain bridge’s underlying protocol is not a reliable one like Wormhole or LayerZero (L0). This means: "The project team can shut down the cross-chain bridge at any time and siphon off the locked funds from the Robinhood chain. You are essentially exchanging your real USDT for fake USDT on the Arc chain, similar to the eUSD platform before its launch, which was eventually shut down after an emergency investigation by authorities." BlockBeats reminds users that celebrity shilling may involve conflicts of interest, and users should carefully vet the security of related projects and invest cautiously.
2 hours ago
Long.xyz Founder: This Week to Roll Out Contract and Synthetic Asset Design Updates, Integrating Them with the Platform’s Top Trading Pairs
Long.xyz, a meme coin issuance platform built on Robinhood’s blockchain, founder Nate stated in a post that this week, perpetual contracts and synthetic assets will have great design scope, and they will be integrated with the platform’s top trading pairs. Last week, Long.xyz launched a 1x long position pool supporting tokenized positions of OpenAI and Anthropic, a product that was once widely hyped in the market.
Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Cardano (ADA): Holding near $0.20 support; above $0.22 could reopen $0.24-$0.26.
Hyperliquid (HYPE): Correcting near $77; holding $76-$78 keeps $82-$90 in play.
Shiba Inu (SHIB): Support sits near $0.0000050; bulls need $0.0000055-$0.0000057, but the demand for memecoin and risks in general is falling.
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Stellar (XLM): Range-bound near $0.178; reclaiming $0.19 would improve the outlook.
Cardano's correction is shallowAlthough Cardano is still in a recovery structure, its momentum has significantly decreased since ADA was unable to prolong its August breakout. The token is currently trading at about $0.205, which puts it in close proximity to a significant cluster of short- and medium-term moving averages.
ADA/USDT Chart by TradingViewAfter the price hit a low of about $0.14 in late June, ADA's broader recovery got underway. The asset was then driven through $0.18 and $0.20 by buyers, with the strongest August impulse momentarily reaching about $0.26. That move, however, was rejected almost instantly after meeting the declining long-term moving average.
ADA has since developed resistance between $0.22 and $0.23. Recent candles indicate that the price is progressively moving back toward $0.20, while multiple attempts to move through this region have failed.
The $0.195-$0.20 support zone is crucial to the immediate technical picture. Bulls have a comparatively strong defensive area because multiple moving averages converge there. Losing it might expose $0.18-$0.185 and threaten the higher-low structure that has been in place since June.
The RSI has been falling and is currently close to neutral territory at 50, suggesting that neither side has significant momentum at the moment. Before another attempt at $0.24–$0.26 becomes feasible, ADA must recover $0.22.
Hyperliquid's correctionAlthough Hyperliquid is going through a much more severe correction, its overall trend is still far stronger than that of ADA. HYPE is currently trading at about $77.90, which is lower than its September peak of about $89. The drop comes after an incredible August rally that took HYPE from about $52 to nearly $90, a roughly 70% increase at its peak.
HYPE/USDT Chart by TradingViewThe short-term momentum is the issue. HYPE is currently testing its quickly rising short-term moving average after falling below $80. After previously reaching overbought territory, the RSI has dropped toward the low-50 range, indicating that buying pressure has considerably diminished.
As a result, the first significant support to keep an eye on is the $76–$78 range. HYPE might consolidate before trying to recover $82–$84 if buyers defend it. If that resistance is broken, $87–$90 will once again be in focus.
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A clean loss of $76 would significantly alter the short-term outlook. Around $73 is the next significant dynamic support, and the $68–$69 range comes next. HYPE is still above its major medium- and long-term moving averages in spite of the correction.
The current decline appears more like a correction of the August–September advance than confirmation of a more significant bearish reversal, at least until those structures start to fail.
Shiba Inu's dynamicShiba Inu is still caught between a much larger bearish structure and better short-term support. After multiple unsuccessful attempts to prolong the September recovery above $0.0000055, SHIB is currently trading at about $0.00000521. The price is not as high as the improvement.
SHIB/USDT Chart by TradingViewA cluster of rising short- and medium-term moving averages around $0.0000050-$0.0000051 is still above SHIB. Since late August, buyers have repeatedly defended this area, resulting in a series of higher lows in contrast to the July bottom at $0.0000041.
Nevertheless, the long-term moving average continues to be a significant obstacle. SHIB has not been able to establish itself above it, and it is still declining around $0.0000056-$0.0000057.
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The August spike quickly peaked at about $0.0000062 before abruptly declining. There is no strong directional signal from momentum. While trading volume has significantly decreased from the levels observed during the prior breakout attempts, the RSI is currently hovering near 50.
The immediate support for SHIB is represented by $0.0000050. If it is lost, $0.0000047-$0.0000048 may be exposed. Before the broader technical picture becomes convincingly bullish, bulls must break $0.0000055-$0.0000057.
Stellar's proper positioningStellar's structure is even more compressed. At $0.178, XLM is essentially positioned inside a dense cluster of moving averages for the short and medium terms. The token's June surge toward $0.30 has entirely unraveled, and subsequent rallies have resulted in ever-weaker peaks.
XLM/USDT Chart by TradingViewThe most recent attempt in September hit about $0.195 before sellers pushed back. Most significantly, XLM is still below its declining long-term moving average, which is located between $0.188 and $0.190. It is the main level that bulls need to recover because it has frequently served as resistance.
The short-term support range is between $0.173 and $0.175. A breakdown below this range would expose $0.165 and possibly the August low between $0.155 and $0.160. Around 50, the RSI is nearly neutral, indicating that there is no directional momentum. After the initial spike in September, volume has also decreased.
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As a result, XLM is still range-bound rather than overtly bullish or bearish. The structure would significantly improve with a break above $0.19, and $0.20–$0.22 might reopen. Repeated rejection below the long-term moving average limits upside potential until that occurs.
Hyperliquid (HYPE) entered a notable correction this week after failing to break through the $90 resistance zone, prompting close monitoring of several key technical levels.
Market pulls back after all-time highHyperliquid is a decentralized perpetuals exchange, and its native token HYPE recently experienced a strong rally, climbing above previous resistance at $75. The move propelled HYPE to a new all-time high near $89.60 on September 6, according to market data. However, the momentum faded as profit-taking and selling pressure intensified close to that peak.
After the rejection near $90, HYPE pulled back to the $77-$80 area, which has now emerged as the immediate support zone. Technical analysts highlighted this level as significant for short-term direction, as the broader 12-hour ascending price channel remains unbroken for now.
Several technical analyses identify $77-$80 as a crucial support range following the latest pullback, noting that as long as this channel holds, the overall uptrend remains intact.
A sustained recovery above $80 would signal resilience from buyers, while a clear drop below this region could shift the short-term picture into deeper correction territory.
$70-$75 emerges as a critical support zoneMultiple analyses now highlight the $70-$75 band as a potential retracement area for HYPE. This region combines earlier support with key Fibonacci levels from the recent rally, and traders are watching to see if buyers defend it.
Crypto analyst @CopySkylerBFX pointed to $75 as a vital support following the decline, while resistance and liquidity pressures were concentrated in the $88-$89 range. AH_Roshani, another analyst posting on TradingView, described $75 as a “strong” support, arguing that if this level holds, it sets up a possible move back toward the previous high.
Independent market research placed further significance on the $70 and $76 price points, as highlighted by a CoinMarketCap analysis on September 11, with both levels identified as pivotal for maintaining the broader uptrend.
ZoneTypeSignificance$70-$75SupportKey for retracement, Fibonacci area$77-$80SupportImmediate downside watch$88-$90ResistanceLiquidity, recent rejectionElliott Wave analysis provides further contextSophia-ElliottWave, an independent chart analyst, presented an Elliott Wave scenario suggesting the current correction forms part of a Wave II move on the eight-hour HYPE/USD chart. The analysis identified the $70-$75 zone as falling between the 38.2% and 50% Fibonacci retracement levels from the recent surge.
According to this framework, if HYPE manages to stay above $70, the correction could end and make way for another advance. Conversely, a breakout above $90 or a slide below $51 would invalidate the current wave count, requiring a reassessment of the market structure.
Mini dictionary: Elliott Wave analysis, a technical trading approach that analyzes financial market cycles and trends based on a recurring pattern of waves, is widely used to forecast price movements and identify support or resistance zones.
Market participants monitoring Fibonacci retracements stress that these levels indicate areas where price may find support or resistance, but do not guarantee a reversal or continuation by themselves.
Upside tests and resistance at $88-$90Bullish technical analyses from @CopySkylerBFX and AH_Roshani converge on the $88-$90 region as the primary resistance for any recovery attempt. Heavy liquidity in this band, which previously capped the rally, means that HYPE needs to decisively break through this area to confirm a renewed uptrend.
A recovery toward $88-$90 would mark a significant bounce from support, but analysts caution that only a clear move above prior highs would confirm a true breakout.
Other market sources noted that liquidation clusters around $83.50 and $87 could spark increased volatility in the short term, underlining the importance of watching these upper bands.
Key levels dictate next move for HyperliquidWhether HYPE can maintain its bullish outlook depends on price action around $75 and within the wider $70-$75 support area. Holding these levels would preserve the positive structure, giving bulls additional opportunity to retest the $88-$90 resistance.
A convincing break below $75 would place more emphasis on the $70 support, increasing the risk of a larger retracement. If HYPE loses its current footing, market watchers anticipate a reassessment of the uptrend’s durability in the weeks ahead.
At this stage, technical signals indicate a correction rather than a reversal, but developments around the $70-$75 and $88-$90 price levels are likely to decide the near-term trend for Hyperliquid.
Hyperliquid’s latest HYPE burn reduced the token supply as the growing activity strengthened the mechanism, enhancing recurring market buybacks.
Reportedly, the HYPE protocol purchased and burned around 32.77K HYPE. The transaction was valued at approximately $2.65 million with an average purchase price of $81.01.
Importantly, the total lifetime burns hit 48.57 million HYPE, which represented approximately $3.82 billion using the current price valuation. The removals accounted for about 4.86% of HYPE’s total token supply.
The mechanism therefore continued converting the protocol-generated revenue into permanent reductions in HYPE token supply. Interestingly, each completed burn reduced the maximum circulating supply rather than temporarily locking tokens away.
However, the supply squeeze activity alone would not guarantee an immediate price appreciation. Therefore, sustained revenue generation remains crucial to maintain the scale and frequency of future purchases.
Rising TVL strengthens Hyperliquid’s burn engine Behind the HYPE burns, Hyperliquid’s total value locked had climbed toward the $7 billion region at the time of writing.
Notably, the TVL previously hovered around $6 billion before accelerating sharply during September. This increase brought locked capital near its highest level.
Meanwhile, the daily fees continued to reach several million dollars, with occasional spikes considerably exceeding the normal levels.
This combination strengthened the burn outlook because the protocol activity provided the economic foundation behind the recurring HYPE purchases.
An elevated sustained activity could provide additional fees and potentially support the continued token removal activity.
However, the burn mechanism would still rely on durable platform usage rather than TVL growth alone. Therefore, a sustained collaboration of capital and fee generation would enhance the HYPE’s long-term supply dynamics.
Source: DefiLlama Are derivatives traders rebuilding long exposure? On the derivatives side, the positioning also shifted after various sharp funding fluctuations during September sessions. The
HYPE’s OI-weighted funding rate briefly moved negative several times after September 8. However, by September 12, the rate recovered into positive territory around 0.0012% , according to CoinGlass data.
The reversal suggested that long positions had reclaimed a slight funding premium over the shorts.
The current positioning, however, remained far below the higher positive rates recorded during the late August sessions. Therefore, the renewed long exposure had not yet hit this similarly aggressive levels.
Ultimately, a sustained positive funding could support the demand outlook, as long as leverage remain controlled. However, another move below the zero threshold would instead indicate renewed short-side pressure.
Source: CoinGlass HYPE breakdown puts $78.50 under scrutiny HYPE price action introduced the clearest near-term risk after the token failed around the $88.14 resistance zone.
The rejection at that level pushed Hyperliquid price beneath its rising channel before it stabilized around the $78.65 area.
Importantly, the $78.50 price level emerged as the immediate structural support determining whether the breakdown would deepen.
A confirmed break below this important level could confirm a Change of Character (CHoCH) in price direction.
Notably, selling pressure was evident through the MACD indicator, which registered a bearish crossover with a negative histogram. Besides, the RSI indicator also suggested cooling conditions towards 50.69 after previously hitting the overbought territory during the recent price advance.
The indicators confirmed the weakening technical price structure rather than contradicting the channel breakdown. Even so, the RSI indicator remained around neutral territory rather than entering oversold conditions.
Successfully defending the $78.50 could likely support stabilization and reopen a recovery attempt towards the $88.14 supply zone. However losing the key support would reinforce the bearish structural shift, exposing the $70 support region.
Source: TradingView Final Summary Hyperliquid’s recurring burns continued reducing HYPE supply as TVL approached $7 billion. HYPE must defend $78.50 to avoid confirming a bearish Change of Character.
Key Takeaways HYPE has climbed 4% over the last day, currently priced near $82 with year-to-date gains exceeding 220% Major whale investor purchased an additional $26M in HYPE tokens and committed them to staking, expanding total holdings to $322M The platform eliminated 32,770 HYPE tokens (approximately $2.65M) through burns within a single 24-hour period at $81 average pricing Platform open interest increased from $7.9B to $8.1B over the past week, though Bitcoin trading activity fell 79% during the same timeframe Technical analysts project $100 as the next price milestone, though some anticipate a potential retracement to $75 beforehand The HYPE token from Hyperliquid is currently positioned around the $82 mark, representing a remarkable year-to-date surge of more than 220%. This performance has elevated the asset to the 9th largest cryptocurrency by market capitalization, commanding an $18.2 billion valuation.
Hyperliquid (HYPE) Price The token experienced a 4% uptick during the previous 24-hour trading cycle, partially attributed to Hyperliquid’s integration of USELESS, a Solana-based memecoin. Following the listing announcement, USELESS saw a 15% price increase alongside a 30% volume spike reaching $173 million.
A prominent whale investor has demonstrated continued aggressive accumulation of HYPE tokens. Data from blockchain analytics platform Lookonchain reveals that wallet 0x6436 acquired an additional 308,569 HYPE tokens—approximately $26 million worth—and immediately staked the entire amount. This transaction elevates the wallet’s complete holdings to 4.05 million HYPE, representing roughly $322 million in value, with all tokens currently staked.
🚨HYPE WHALE ADDS ANOTHER $26M!
Wallet 0x6436 bought another 308,569 $HYPE, about $26 million, and staked it. That takes itsstack to 4.05 million $HYPE, worth about $322 million, all staked, per @lookonchain.
The same address has been buying and staking since early summer,… pic.twitter.com/DvKCuadIfg
— Crypto Banter (@crypto_banter) September 10, 2026
Crypto Banter highlighted this activity on X (formerly Twitter), pointing out that this same wallet address has maintained a consistent buying and staking pattern since early summer, including a substantial 3.24 million HYPE acquisition just last week.
Regarding token supply dynamics, Hyperliquid executed a buyback and burn of 32,770 HYPE tokens—valued at approximately $2.65 million—within a single 24-hour window at an average cost of $81.01 per token, according to blockchain data shared by OnchainLens. The cumulative lifetime burn has now reached 48.57 million HYPE, representing roughly $3.82 billion in value at present market rates.
Technical Pattern Indicates $100 Target, Though Correction Remains Possible Platform open interest on Hyperliquid expanded from $7.9 billion to $8.1 billion throughout the current week, indicating that market participants continue to establish positions in anticipation of additional price appreciation.
Conversely, Bitcoin trading volumes on the platform experienced a dramatic contraction—plummeting from 3.08 million trades during the week of August 16 to merely 656,000 trades last week, representing a 79% decline. Additionally, a bearish divergence has emerged on the daily chart timeframe, suggesting potential momentum deterioration.
From a technical analysis perspective, a bull flag formation has developed following HYPE’s breakthrough above the $75 resistance level. Market analysts continue to support a $100 price objective but acknowledge the possibility of an intermediate pullback toward $75, which would constitute approximately a 13% decline from current trading levels.
Regulatory Challenges Present Primary Concern, According to Ran Neuner Ran Neuner, who founded Crypto Banter, participated in Cointelegraph’s Chain Reaction podcast where he identified regulatory oversight as the most significant challenge facing Hyperliquid. He noted that government authorities have already begun implementing regulations for centralized cryptocurrency exchanges and anticipates decentralized platforms will face similar scrutiny moving forward.
Despite this concern, Neuner emphasized that Hyperliquid’s established network effects provide substantial competitive advantages. “You can’t copy a network,” he explained, drawing parallels to Uber’s market position in the ride-sharing industry.
Regarding regulatory developments, President Trump announced in August that CFTC Chair Michael Selig was actively working to facilitate Hyperliquid’s entry into the United States market in a “fully compliant and legal fashion.” HYPE experienced approximately a 20% price surge following that announcement, trading near the $70 level at that time.
HYPE is presently trading at $82 with a fully diluted market valuation of approximately $78.4 billion.
HYPE, the native token of the Hyperliquid decentralized trading platform, saw its price rise to $82 after gaining 4% in the past 24 hours. This surge leaves HYPE’s year-to-date returns above 220%, pushing the token’s market capitalization to $18.2 billion and ranking it among the top ten cryptocurrencies by total value.
Whale activity and supply reduction boost HYPEThe recent upswing in HYPE’s price coincided with major accumulation by a prominent investor. Blockchain analytics platform Lookonchain reported that wallet address 0x6436 acquired 308,569 HYPE tokens—valued at approximately $26 million—and immediately staked the entire amount. This brought the wallet’s total holdings to 4.05 million HYPE, with a total value of around $322 million, all staked to the platform.
According to observers, this address has followed an aggressive pattern of buying and staking HYPE since early summer, with another large purchase totaling 3.24 million tokens just one week ago.
The wallet holding 0x6436 added 308,569 HYPE worth $26 million and now controls 4.05 million tokens—all staked, valued at $322 million.
On the supply side, Hyperliquid executed a significant buyback and burn event, removing 32,770 HYPE tokens—worth nearly $2.65 million at an average cost of $81.01 each—in a 24-hour period. According to OnchainLens, Hyperliquid has now completed a cumulative lifetime burn of 48.57 million HYPE, representing about $3.82 billion at present valuations. These events have removed 4.86% of the token’s maximum supply from circulation.
Mini dictionary: Hyperliquid is a decentralized derivatives trading platform that aims to offer fast, on-chain order execution and support for multiple crypto assets, focusing on transparency and user control in the perpetual trading market.
Market developments and technical outlookOpen interest on Hyperliquid grew from $7.9 billion to $8.1 billion in the last week, reflecting continued positioning by traders seeking further upside. However, Bitcoin trading volume on the platform fell sharply—from 3.08 million trades to just 656,000 trades in one week, a steep 79% drop. Analysts noted a bearish divergence on HYPE’s daily chart, suggesting that momentum could be waning and that a short-term correction is possible.
Despite this, technical analysts remain optimistic, pointing to a classic “bull flag” pattern following HYPE’s clean breakout above the $75 resistance. Many now identify $100 as the next likely price milestone, though a retracement toward $75 remains possible before further gains.
MetricLast WeekThis WeekChangeHYPE Price$76–$78$82+4%Open Interest$7.9 billion$8.1 billion+2.5%BTC Trade Volume3.08 million trades656,000 trades–79%Regulatory concerns and future prospectsRegulatory developments are emerging as a potential headwind for Hyperliquid. Ran Neuner, founder of the media outlet Crypto Banter, stated in an interview with Cointelegraph’s Chain Reaction podcast that government scrutiny poses the main challenge for Hyperliquid, as authorities increasingly regulate both centralized and decentralized trading platforms.
Despite regulatory risks, Hyperliquid’s entrenched network effects provide a strong competitive edge, making its position difficult to replicate—much like Uber’s role in ride-sharing markets.
In August, President Trump signaled regulatory engagement, announcing that Commodity Futures Trading Commission Chair Michael Selig was working to ensure Hyperliquid could expand legally and compliantly within the United States. HYPE rallied nearly 20% following this statement, trading near $70 at the time.
As of now, HYPE trades at $82, yielding a fully diluted valuation of about $78.4 billion.
HIP-3 market deployer Entropy has launched the Anthropic Pre-IPO Market on Hyperliquid. As Anthropic’s IPO draws near, its market cap on the platform surpassed $2.3 trillion on the 9th before pulling back, currently trading at $2.159 trillion. As of press time, Anthropic’s pre-market contract open interest stands at $28.19 million, with trading volume reaching $6.74 million. Additionally, OpenAI’s pre-market contract market cap on Entropy is now at $164 million, with open interest reported at $7.67 million.
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Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Investment firm Multicoin Capital has identified Hyperliquid ($HYPE) as one of its largest holdings, based on a comprehensive reassessment of the protocol, according to a statement shared by Grayscale on social media. The firm attributes its high-impact assessment to significant growth in liquidity and developer activity surrounding Hyperliquid, a decentralized perpetuals exchange protocol. This development highlights continued institutional interest in Hyperliquid, which is currently around $80 with a 24-hour volume ranging between $1.1 billion and $1.2 billion, and a market cap estimated at $18 billion to $20 billion.
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Term Structure
Contract Odds Δ since publish Volume 24h December 31 51% 0.0¢ $1K View market → January 1 2027 3.8% 0.0¢ — View market → January 1 2027 3% 0.0¢ — View market → January 1 2027 4.5% 0.0¢ — View market → January 1 2027 4% 0.0¢ $195 View market → January 1 2027 65.2% -0.2¢ $3K View market → January 1 2027 10.5% -0.5¢ $891 View market → January 1 2027 6% -1¢ $200 View market → January 1 2027 6% 0.0¢ $559 View market → Updated 2min ago
Hyperliquid (HYPE) is drawing renewed market attention as it approaches a critical technical support level near $78, while simultaneously burning a notable portion of its token supply. Buyers have twice defended this area, highlighting its importance in the current price structure.
Key Levels and Market PerformanceHYPE is currently trading at $78.90, with 24-hour trading volumes reaching $1.76 billion. The project’s current market capitalization stands at $19.86 billion, making up approximately 0.75% of the total market. Over the last day, HYPE has slipped by 1.35%.
The $78 region remains pivotal in the short term, having acted as a strong support level over the past week. Analyst Crypto With Gopal identified a possible double bottom setup forming at this support, which can sometimes suggest decreasing selling pressure. The analyst added that HYPE needs to recover the $84 resistance to confirm a bullish reversal and open the way for possible gains toward $90.
There are signs of a potential double-bottom at support, but confirmation will come only if HYPE reclaims and sustains above $84, putting the $78-$84 range in focus for any short-term move.
A consolidation above $84 could set the stage for further upside, while a close below $78 may signal renewed downside risk.
Token Burning AcceleratesIn parallel with technical developments, Hyperliquid continues its token burning strategy, which aims to reduce supply and potentially affect token economics. On-chain data indicates that Hyperliquid burned 32,770 HYPE tokens within 24 hours, valued at about $2.65 million. These tokens were acquired at an average price of $81.01 before being permanently removed from circulation.
Cumulatively, lifetime HYPE burns have reached approximately 48.57 million tokens, now worth around $3.82 billion at current prices. This burned total accounts for an estimated 4.86% of HYPE’s maximum supply.
Mini dictionary: Token burn, a mechanism where tokens are permanently removed from circulation in order to reduce supply, often executed by sending tokens to a “burn address” where they cannot be retrieved. This practice can support the price or perceived scarcity of a cryptocurrency, but actual effects depend on demand and market conditions.
CategoryValueTokens burned (24h)32,770 HYPEBurn value (24h)$2.65 millionTotal tokens burned (lifetime)48.57 million HYPEBurn value (lifetime)$3.82 billionPercentage burned (of max supply)4.86%The ongoing burns play a central role in Hyperliquid’s supply management, but their price impact is linked to actual market demand and broader sentiment.
Technical Structure and Elliott Wave OutlookElliott Wave analysis suggests HYPE recently completed a corrective wave at $50.70, after a previous high of approximately $76.67. This correction is viewed as part of a broader downward move beginning in June. The $50.70 level may mark the end of Wave (iv) in a bearish scenario, with the first resistance at the prior high of $76.67.
Should HYPE maintain levels above $76.67 and break higher, projections point to $99.42 as a technical target, with an extended goal at $116.57.
Some analysts caution, however, that the price could form a larger triangle pattern, keeping HYPE within a broader consolidation range before a more decisive move emerges. If the token drops and closes beneath $50.70, this would challenge the current bullish technical scenario. As a result, market participants are closely watching these support and resistance levels for further signals regarding HYPE’s direction.
According to OnchainLens monitoring, Hyperliquid repurchased and burned 32,770 HYPE tokens over the past 24 hours. At an average price of $81.01, this operation is valued at approximately $2.65 million. As of now, Hyperliquid has cumulatively burned around 48.57 million HYPE tokens, meaning roughly 4.86% of its maximum token supply has been permanently removed. Hyperliquid’s HYPE repurchase mechanism is primarily driven by the platform’s trading fees: the protocol uses the relevant revenue to repurchase HYPE on the market before burning it. Recent on-chain data also shows this mechanism remains operational.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
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Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Several top cryptocurrencies have shown renewed upward momentum, with investors closely watching key technical levels to assess the possibility of further rallies or deep corrections in the near term.
Shiba Inu eyes critical resistanceShiba Inu has witnessed a robust recovery from its $0.00000500 support, surging by around 5.6% to $0.00000532. This rebound followed a period during which buyers defended a vital cluster of moving-average support, allowing SHIB to rise above both its 100-day and 50-day averages near $0.00000504 and $0.00000497, as well as its short-term moving average around $0.00000517.
With these supports intact, SHIB appears less vulnerable to a deeper correction toward its August lows. However, the recent upward trendline has been breached, and the token has yet to reclaim this trajectory. The zone between $0.00000545 and $0.00000555 serves as the first resistance, with the main technical barrier set by the declining long-term moving average at roughly $0.00000566.
Despite its gains, momentum remains uncertain. The Relative Strength Index (RSI) sits just below its signal line at 54.6, compared to a signal of 53.8. If SHIB manages to convincingly move past $0.00000555 with strengthening RSI, another test between $0.00000565 and $0.00000570 becomes more likely, while a renewed drop below $0.00000500 could threaten the current recovery.
CoinKey SupportKey ResistanceCurrent RSIShiba Inu (SHIB)$0.00000500$0.00000555–$0.0000057054.6Hyperliquid (HYPE)$78–$80$84–$9056.6Binance Coin (BNB)$700$740–$78059.9Zcash (ZEC)$1,050–$1,080$1,240–$1,40067.6Hyperliquid stays structurally bullishHyperliquid, trading under the ticker HYPE, has retained a bullish technical structure despite a notable correction. The token is currently valued at approximately $83.01 after recovering from a short-term dip to $78. HYPE remains above its medium- and long-term moving averages and had previously peaked near $89 in September.
The $78–$80 range is critical, providing dynamic support around $78.78. More distant supports are in the $66.40 and $57.76 regions. The RSI for HYPE has dropped from overbought levels to 56.6, below a signal average of 63.7, which reflects a loss of momentum rather than the formation of a bearish trend. Stability above $78–$80 could renew the drive toward $88–$90, while a confirmed break below $78 would heighten the risk of a broader correction down to the high $60s.
Mini dictionary: Hyperliquid (HYPE) is a decentralized perpetual futures exchange protocol, aiming to provide high capital efficiency and low-latency trading for crypto derivatives markets.
BNB works to regain September peakBinance Coin, the native token for Binance, has staged a modest recovery after a volatile correction from its September high. Trading at around $733, BNB has risen roughly 3.4% from the previous day, supported by buying at $706. The technical structure remains positive, with the token firmly above $700.
After overcoming its main moving averages in August, BNB reached a rally peak of about $780 in early September. A significant resistance zone now lies at $740–$750, and a sustained move beyond this could open the way for another approach toward $770–$780. If a new high is set, the psychological $800 level would come into focus. Short-term defensive support levels exist at $695–$705, with deeper clusters at $657, $647, and $643. The RSI currently stands at 59.9, which is below the signal line of 66.4, highlighting a decrease in momentum without signaling a breakdown.
Zcash extends outperformanceZcash, a privacy-focused blockchain network, continues to lead in technical strength among large-cap assets. ZEC is trading at about $1,187 after rebounding from an intraday low of $1,054, marking a gain of almost 10% on the day. Since mid-August, ZEC has soared from roughly $500 to peak near $1,300, more than doubling in a few weeks.
Strong support is measured at approximately $916, backed by further moving averages near $691, $647, and $532. Although ZEC has left overbought territory—the RSI is near 67.6 with a signal average of 74.6—momentum remains firm. The resistance zone between $1,240 and $1,300 marks the next major hurdle. If cleared, price discovery may target the $1,350–$1,400 range. On the downside, a return below $1,050 could trigger a retreat to $1,000 or the dynamic support area near $916.
The resilience of large-cap tokens like Zcash, Binance Coin, and Hyperliquid is underpinned by their ability to defend key support zones despite recent market volatility. Sustained rallies above resistance levels could reaccelerate bullish momentum, but further selloffs would intensify correction risks.
Crypto Banter founder Ran Neuner said regulation poses the biggest risk to Hyperliquid, warning that decentralized exchanges could eventually face greater government scrutiny.
Speaking on Cointelegraph’s Chain Reaction podcast, Neuner said regulators have begun establishing rules for centralized crypto exchanges and predicted decentralized platforms would be next.
“The biggest issue is that we don’t know how regulators are going to treat the decentralized exchanges,” Neuner said. He added:
The governments have just started to regulate centralized exchanges. There’s MiCA licensing, et cetera, et cetera. And I think that when that’s done, they come in for the decentralized exchanges.Hyperliquid is a layer-1 blockchain best known for its decentralized perpetual futures exchange, which leads the sector with about $223 billion in trading volume over the past 30 days, according to DeFiLlama data.
Hyperliquid leads perpetual DEXs by 30-day volume. Source: DeFiLlama
While Neuner identified regulation as Hyperliquid’s biggest vulnerability, he was more bullish on its ability to withstand competition.
Neuner argued that Hyperliquid’s network effects make it difficult for competitors to challenge the platform simply by replicating its technology. “You can’t copy a network,” he said. “There can be a thousand competitors to Uber. How many of them are going to succeed? Hardly any.”
Neuner said the same dynamic applies to trading platforms, where users tend to gravitate toward exchanges with deeper liquidity because it allows them to enter and exit positions more easily. “When something is a network, naturally users will flock to the busiest or the best node,” he said.
Hyperliquid eyes compliant US path amid HYPE rallyDespite Neuner’s concerns over regulation, US officials have signaled that Hyperliquid could gain a compliant pathway into the country.
President Donald Trump said in August that CFTC Chair Michael Selig was working to bring Hyperliquid into the US in a “fully compliant and legal fashion.” HYPE jumped about 20% over the 24-hour period surrounding the remarks, trading around $70.
As of the August announcement, neither the CFTC nor Hyperliquid had released a formal proposal explaining how US access would work, whether an application had been submitted or when a compliant service could launch.
On Friday, HYPE was trading around $82, up more than 220% year-to-date, according to CoinGecko. The token had a market capitalization of about $18.2 billion and a fully diluted valuation of roughly $78.4 billion.
HYPE token price year-to-date. Source: CoinGecko
Magazine: Metaplanet equity backlash, SE Asia crypto funding doubles: Asia Express
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
Crypto Banter founder Ran Neuner said regulation poses the biggest risk to Hyperliquid, warning that decentralized exchanges could eventually face greater government scrutiny.
Speaking on Cointelegraph’s Chain Reaction podcast, Neuner said regulators have begun establishing rules for centralized crypto exchanges and predicted decentralized platforms would be next.
“The biggest issue is that we don’t know how regulators are going to treat the decentralized exchanges,” Neuner said. He added:
The governments have just started to regulate centralized exchanges. There’s MiCA licensing, et cetera, et cetera. And I think that when that’s done, they come in for the decentralized exchanges.Hyperliquid is a layer-1 blockchain best known for its decentralized perpetual futures exchange, which leads the sector with about $223 billion in trading volume over the past 30 days, according to DeFiLlama data.
Hyperliquid leads perpetual DEXs by 30-day volume. Source: DeFiLlama
While Neuner identified regulation as Hyperliquid’s biggest vulnerability, he was more bullish on its ability to withstand competition.
Neuner argued that Hyperliquid’s network effects make it difficult for competitors to challenge the platform simply by replicating its technology. “You can’t copy a network,” he said. “There can be a thousand competitors to Uber. How many of them are going to succeed? Hardly any.”
Neuner said the same dynamic applies to trading platforms, where users tend to gravitate toward exchanges with deeper liquidity because it allows them to enter and exit positions more easily. “When something is a network, naturally users will flock to the busiest or the best node,” he said.
Hyperliquid eyes compliant US path amid HYPE rallyDespite Neuner’s concerns over regulation, US officials have signaled that Hyperliquid could gain a compliant pathway into the country.
President Donald Trump said in August that CFTC Chair Michael Selig was working to bring Hyperliquid into the US in a “fully compliant and legal fashion.” HYPE jumped about 20% over the 24-hour period surrounding the remarks, trading around $70.
As of the August announcement, neither the CFTC nor Hyperliquid had released a formal proposal explaining how US access would work, whether an application had been submitted or when a compliant service could launch.
On Friday, HYPE was trading around $82, up more than 220% year-to-date, according to CoinGecko. The token had a market capitalization of about $18.2 billion and a fully diluted valuation of roughly $78.4 billion.
HYPE token price year-to-date. Source: CoinGecko
Magazine: Metaplanet equity backlash, SE Asia crypto funding doubles: Asia Express
Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
Shiba Inu (SHIB): SHIB has rebounded strongly from $0.00000500 support, but needs to reclaim $0.00000555–$0.00000570 to confirm renewed bullish momentum.
Hyperliquid (HYPE): HYPE remains structurally bullish above $78–$80, with a recovery above $84–$85 potentially reopening the path toward $88–$90.
Binance Coin (BNB): BNB retains its bullish structure above $700, with $740–$750 as the key resistance before another potential test of $770–$780.
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Zcash (ZEC): ZEC remains in a powerful uptrend despite cooling momentum, with $1,240–$1,300 resistance standing between the price and further price discovery toward $1,350–$1,400.
Mixed Shiba Inu SignsAlthough Shiba Inu has made a strong intraday comeback, rising by about 5.6% to $0.00000532, the overall technical structure is still unclear. After a decline toward $0.00000500, where buyers defended a significant cluster of moving-average support, there was a rebound.
SHIB/USDT Chart by TradingViewNow, SHIB is comfortably above the 100 and 50 day averages around $0.00000504 and $0.00000497, as well as above its short-term average around $0.00000517. This significantly lowers the immediate risk of a more severe breakdown toward the August lows.
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The recent upward trendline, however, has been broken, and SHIB has not yet successfully reclaimed it. Around $0.00000545–$0.00000555 is the first significant resistance. The primary technical barrier above that is still the declining long-term moving average close to $0.00000566.
Since its August spike, SHIB has struggled repeatedly in this area. Momentum has not changed. The RSI is just below its signal line at 54.6, close to 53.8. Another test of $0.00000565–$0.00000570 would be much more likely if a move through $0.00000555 were accompanied by a strengthening RSI. On the other hand, the current recovery would be jeopardized by another loss of $0.00000500.
Will Hyperliquid Go Through a Correction?Hyperliquid has seen a significant correction from its recent peak, but it remains much stronger structurally. Currently trading at about $83.01, HYPE has recovered significantly from a brief decline toward $78.
HYPE/USDT Chart by TradingViewThe price of the token is still significantly above all major medium- and long-term moving averages, though it did reach nearly $89 earlier in September before sellers triggered a correction. The $78–$80 range is crucial, as the closest dynamic support is roughly $78.78.
Moving averages near $66.40 and $57.76 follow the next significant support, which is much deeper around $68.22. Momentum has considerably decreased. The RSI has dropped from overbought territory to 56.6 and remains below its signal average, which is close to 63.7.
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This does not establish a bearish trend, but it does confirm waning momentum. The prevailing bullish structure for HYPE is maintained by holding between $78 and $80. The route to $88–$90 could be reopened if $84–$85 is reclaimed.
On the other hand, a clear loss of $78 would greatly raise the likelihood of a more widespread correction toward the upper-$60 range.
Can Binance Coin Repeat September's Peak? Following a volatile correction from its September peak, Binance Coin is making an effort to stabilize. BNB is currently trading at about $733, up about 3.4% from the day before, after buyers moved in at about $706. The overall structure remains bullish.
The price of BNB broke through its major moving averages in August and eventually surpassed $700. Early in September, momentum picked up speed and drove BNB to about $780 before profit-taking caused a sharp reversal. Currently, the closest significant dynamic support is located at about $697.
Binance Coin/USDT Chart by TradingViewThe primary short-term defensive zone is now $695–$705, as BNB has already tested this area and recovered. Although there is a deeper support cluster provided by major moving averages around $657, $647, and $643, the technical picture becomes significantly weaker below those levels. $740–$750 is the first barrier for bulls.
Another test of $770–$780 would be possible if there were a sustained recovery above this range. The psychological $800 level would come into play if the recent peak were broken. Momentum has not collapsed but has cooled.
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The RSI is currently at 59.9, which is below its signal line at 66.4 and considerably lower than its prior overbought readings. This indicates that although BNB's rally has slowed down, the underlying trend is still intact and the price remains above $700.
Zcash Returns to GrowthDespite significant volatility, Zcash continues to have one of the strongest large-cap technical structures. After recovering from an intraday low of about $1,054, ZEC is currently trading at about $1,187, up nearly 10%.
ZEC/USDT Chart by TradingViewThe scale of the rally is still extraordinary. In mid-August, ZEC was trading at about $500, but it quickly climbed to $700, $900, and finally $1,200. At its most recent peak, which was close to $1,300, the asset more than doubled in a matter of weeks. The price remains significantly above its major moving averages.
The closest dynamic support is approximately $916, with averages close to $691, $647, and $532 following. In addition to confirming the trend's strength, this shows how much downside is possible if momentum breaks. The RSI is currently close to 67.6, and its signal average remains elevated at 74.6.
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As a result, after spending a significant amount of time above 70, ZEC has exited overbought territory. The sharp fluctuations between about $1,050 and $1,280 reflect this cooling momentum.
The price range of $1,240 to $1,300 is the immediate resistance. If it is cleared, price discovery may extend to $1,350–$1,400. The first significant support on the downside is between $1,050 and $1,080. A deeper retracement toward $1,000 and ultimately the rapidly rising dynamic support around $916 would be more likely if that level were lost.
Short Sellers Take the Bigger HitMore than 103,600 traders were liquidated across crypto derivatives markets in a single 24-hour window, according to CoinGlass data. Total liquidations reached $747 million, with short positions absorbing the larger share of the damage at $424.80 million, against $322.50 million wiped from long positions.
$ETH was the hardest-hit asset, accounting for $296.97 million in liquidations. $BTC followed at $203.95 million, with the remainder spread across smaller altcoins and token pairs. The scale of the move underlines how quickly leveraged positions can unwind when markets shift direction.
A liquidation happens when a trader borrows to make a bigger bet than their capital would cover, the market moves against them, and the exchange closes the position automatically before losses exceed the margin posted.
Hyperliquid Records the Largest Single LiquidationThe single largest forced closure of the session was a $20.28 million ETH-USD perpetual position on Hyperliquid, the decentralized exchange that has become the dominant venue for on-chain derivatives trading. Hyperliquid is a purpose-built Layer-1 blockchain that processed $633 billion in trading volume in Q1 2026 alone. According to Artemis, Hyperliquid captures over 70% of the entire decentralized perpetual futures market measured by open interest.
That dominance means large forced closures increasingly show up on its books rather than at centralized rivals. The concentration of the session's largest liquidation on Hyperliquid is a direct reflection of its growing weight in the market.
The latest data adds to a broader pattern of periodic liquidation cascades as crypto markets continue to attract leveraged participation. Liquidations play a crucial role in market volatility, often having a significant impact on traders' positions and price movements. When clusters of leveraged bets get caught on the wrong side of a move, the resulting forced closures can amplify price swings in either direction.
According to TradingBeats monitoring, two HYPE short sellers on Hyperliquid hold a combined short position of approximately $40.971 million, with unrealized losses of around $7.964 million. Last night, the two placed 200 buy orders in the $64–$77.77 range, totaling about $33.953 million, waiting for the price to fall before covering their positions in batches. The address starting with 0x939f holds roughly 240,500 HYPE short contracts at an average price of $62.50, with unrealized losses of around $4.09 million. It placed 100 buy orders in the $70.1–$77.77 range worth $17.698 million, covering its entire short position. The other address starting with 0x37b8 holds about 274,800 HYPE short contracts with an average entry price of $65.41, and unrealized losses of approximately $3.875 million; it placed 100 buy orders in the $64–$72 range totaling $16.255 million, covering around 87.3% of its short position. Both sets of orders were primarily created last night, with some orders still adjusted this morning. HYPE is currently trading at around $79.51, just about 2.2% away from the nearest tier of $77.77 covering orders. If the price continues to drop to around $72, the second short seller’s large-scale covering plan will enter the execution range.
TLDR Coinbase has restored the Coinbase Wallet name after more than a year operating as Base App The platform now emphasizes multichain trading functionality over its previous social application ambitions Support extends across 11 blockchain networks, with recent integrations including Robinhood Chain and Monad Hyperliquid-powered perpetual contracts deliver access to 290+ markets featuring leverage up to 50x for qualifying traders Users can access tokenized equities, prediction markets, and diverse crypto assets, subject to regional availability After just over twelve months, Coinbase has reversed course on its Base App branding, returning to the Coinbase Wallet name while abandoning its social platform aspirations in favor of multichain decentralized finance and trading capabilities.
The rebrand to Base App happened in July 2025, when Coinbase positioned the product as an all-encompassing super app that would integrate trading, payment rails, messaging functionality, social content feeds, and miniature applications all centered on the Base layer-2 blockchain.
The strategy failed to gain traction. During March remarks, CEO Brian Armstrong admitted the social experiment “didn’t quite work.” Base founder Jesse Pollak subsequently confirmed that creator-oriented tools underperformed expectations and that appetite for social features had “disintegrated completely.”
By July, Pollak transferred app leadership to Jordan “Cobie” Fish while redirecting his attention exclusively to developing the Base blockchain infrastructure.
The wallet now carries its original branding again, accompanied by a strategic repositioning. Coinbase frames Coinbase Wallet as a self-custody gateway to what the company describes as an “everything exchange.”
Ryan Kass, who leads Coinbase Wallet Product development, characterized the application as an experimental “test kitchen” for financial products and digital assets unavailable through Coinbase’s traditional centralized platform. Kass emphasized the organization’s capacity for rapid iteration and strategic pivots when initiatives underperform.
Hyperliquid Perpetuals Lead the Trading Push The centerpiece of the updated offering is perpetual futures functionality through Hyperliquid integration. Coinbase incorporated this capability in August, enabling qualified traders to access over 290 derivative markets with leverage reaching 50x on select instruments.
The perpetual contracts span cryptocurrency, equity, and commodity underlying assets. Hyperliquid handles trade execution while users control their positions via the Coinbase interface.
Geographic restrictions exclude traders in the United States, United Kingdom, and Canada from accessing this feature. US-based customers can utilize a distinct regulated futures offering through Coinbase Financial Markets, which operates under Commodity Futures Trading Commission registration.
Following the rebrand, Coinbase Wallet now facilitates transactions across 11 blockchain ecosystems: Base, Bitcoin, Ethereum, Solana, BNB Chain, Optimism, Arbitrum, Polygon, Avalanche, Monad, and Robinhood Chain. The Monad and Robinhood Chain integrations represent fresh additions.
Tokenized Stocks and Prediction Markets Qualified international users gain access to tokenized equity products through Coinbase Wallet. Last August, Coinbase introduced four tokenized American stocks on Base, representing Apple, Nvidia, Meta, and Alphabet.
These tokens maintain 1:1 backing and originate from a Coinbase-affiliated entity operating within the Abu Dhabi Global Market framework. They lack registration under United States securities regulations and cannot legally be distributed to US citizens.
The wallet also incorporates prediction market functionality. Coinbase Financial Markets contends these products belong under CFTC jurisdiction, though certain state regulators disagree. In August, a federal court rejected Coinbase’s request for protection from enforcement actions initiated by Michigan authorities.
The wallet automatically displays all tokens created on compatible blockchain networks. Coinbase employs an automated detection mechanism that conceals tokens associated with fraudulent schemes or malicious activities.
Emerging asset categories including tokenized securities and prediction markets undergo “vigorous product and compliance reviews” prior to platform integration.
Coinbase generates income through transaction and service fees within the wallet environment, though the company has not publicly shared fee schedules or disclosed whether the trading-centric approach has expanded the user base.
According to TradingBeats' monitoring, Hyperliquid's protocol revenue over the past 30 days reached approximately $59.84 million, an 83.3% increase from the prior 30-day period. However, revenue over the most recent seven days dropped to roughly $11.57 million, a 12.7% week-over-week decline, marking notable expansion in monthly revenue though a recent cooling in activity. Meanwhile, between August 12 and September 11, the Assistance Fund’s cumulative burned HYPE tokens rose to 47.123 million, with around 775,400 new HYPE burned over the past 30 days, valued at approximately $62.08 million. Per the official mechanism, the Assistance Fund automatically converts trading fees allocated to it into HYPE, and the HYPE held in the fund is permanently removed from circulation and the total token supply.
Jiang Zhuoer: Despite taking the wrong position on BTC, he still turned a profit, with total gains of around 4.3% across three trades.
Founder of BTC.TOP (B.TOP) mining pool Jiang Zhuoer posted that he booked a profit despite taking a wrong short position on Bitcoin (BTC). Using the price at 8:29:47 PM today and the current screenshot price as benchmarks, his three trades were: a full short BTC position executed between $77,226 and $78,730.74, resulting in a 1.95% loss; a full spot Ethereum (ETH) position traded between $2,467.61 and $2,609.31, generating a 5.74% gain; and a 5% spot BNC position traded between $4.81 and $5.305, yielding a 0.51% gain. The total profit from these operations was approximately 4.3%. Jiang Zhuoer also stated today that he has sold his entire BTC position at $77,226. Yesterday, he noted that following the release of the latest U.S. Producer Price Index (PPI) data, the probability of a Federal Reserve interest rate hike rose to 70%. He added that he expects tomorrow’s Consumer Price Index (CPI) data will not be favorable, so he has prepared to take a short position.
10 minutes ago
Artificial Inu (AI) briefly approached a market capitalization of nearly $300 million, with a 38.1% gain over the past 24 hours.
According to GMGN market data, Artificial Inu (AI), a meme coin linked to crypto-stocks on the Robinhood chain, saw its market capitalization briefly approach $300 million, hitting a recent high. It is now trading at $265 million, with a 38.1% 24-hour gain and $30.2 million in trading volume. Artificial Inu is issued via Long.xyz, the issuance platform on the Robinhood chain, and is paired with Nvidia (NVDA) stock. Long.xyz has launched LongX Expansion, which supports packaging 3x leveraged NVDA positions on Lighter into ERC20 tokens, enabling minting/burning, DEX pool trading, and liquidity pairing. The platform has also explicitly stated that transaction fees will flow back to the AI token, making Artificial Inu effectively the de facto "platform token" of Long.xyz at this stage. BlockBeats Note: Stock Meme is an emerging concept that combines traditional meme coins with tokenized U.S. stocks. Unlike meme coins paired with USDT or ETH, these tokens are directly paired with on-chain U.S. stock tokens (such as NVDA, TSLA, AAPL), retaining meme coins' high volatility and community-driven speculative traits while anchoring the popularity and narrative of real stocks. A portion of transaction fees typically flows back to the community treasury to accumulate corresponding stock tokens, forming a dual-driven model of "sentiment speculation + real asset anchoring". BlockBeats reminds users that token prices are highly volatile, so investment requires caution.
10 minutes ago
AI Stock Guru Leopold makes a comeback, entering the options market, with his core positions centered on the AI infrastructure and storage narrative.
According to CNBC, the hedge fund Situational Awareness, run by self-styled "AI stock guru" Leopold — who nearly faced liquidation this summer — appears to be staging a comeback, resuming its activity in the options market. A source familiar with the development said founder Leopold has been repurchasing options since last weekend through early this week, with underlying assets largely matching its prior "AI infrastructure/storage" investment thesis: SK Hynix, SanDisk, AMD, Bloom Energy, CoreWeave, plus the storage-themed Roundhill Memory (DRAM) ETF. The options position totals hundreds of millions of dollars. It remains unclear whether these new options purchases are backed by newly raised public market capital or leftover funds from the July sell-off. In July, the hedge fund Situational Awareness, managed by Leopold, a former OpenAI researcher nicknamed the "AI stock guru," suffered a severe setback. The fund, which once held over $45 billion in assets under management (AUM) at the start of the month, faced mounting margin pressure as AI-related stocks in storage, power and computing sectors plunged this summer. It was forced to offload nearly all its public market stock positions at a discount to Citadel Securities, cutting its total size to roughly $10 billion, while retaining private positions — particularly its stake in Anthropic.
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Bonk Guy: PONS and USELESS will both surpass a $1 billion market cap this cycle.
Well-known trader Bonk Guy stated in his prediction that PON will become the first utility token to reach a $1 billion market cap in this cycle, while USELESS will be the first meme coin to hit that milestone in the same period. GMGN data shows PON currently has a market cap of $650 million, having previously peaked at $990 million. USELESS reached a cycle high of $330 million, and now stands at a $250 million market cap. BlockBeats reminds users that token prices are highly volatile, so investment should be approached with caution.
10 minutes ago
INDEX and COOPERATIVE have been added to Robinhood’s tradable assets.
INDEX and COOPERATIVE have been added to Robinhood’s tradable assets, allowing users to trade them directly via the Robinhood App. INDEX (The Index) is an RWA protocol token built on Robinhood Chain. After users hold a certain amount of INDEX, the protocol uses 3% of generated transaction fees to purchase a basket of tokenized U.S. stocks (including AAPL, NVDA, TSLA, etc.), which are automatically airdropped to holders’ wallets every 15 minutes—no staking or manual claiming required.
10 minutes ago
Robinhood Chain ecosystem token INDEX sees short-term rally, market cap surges past $45 million.
According to GMGN data, the Robinhood Chain ecosystem token INDEX has seen a short-term rally, pushing its market capitalization above $45 million, with a 24-hour gain of 17.8% and trading volume of $5.5 million over the same period. INDEX has been added to Robinhood’s tradable assets, allowing users to trade directly via the Robinhood App. INDEX (The Index) is an RWA protocol token on Robinhood Chain. After holding a certain amount, the protocol uses 3% of transaction fees to purchase a basket of tokenized U.S. equities (such as AAPL, NVDA, TSLA, etc.), which are automatically airdropped to holders’ wallets every 15 minutes—no staking or manual claiming is required. BlockBeats reminds users that such tokens are highly volatile, so investment should be approached with caution.
Hyperliquid, a decentralized exchange, is facing potential regulatory challenges, according to remarks by crypto expert @cryptomanran during an interview with @itsciaranlyons. Despite expressing overall positive sentiment towards Hyperliquid, the expert pointed out the regulatory risks associated with decentralized exchanges as a key issue. The information, reported by Cointelegraph, has prompted market participants to reassess the prospects for Hyperliquid’s price performance in the coming months.
In light of the report, the market for Hyperliquid reaching $100 by the end of 2026 has seen a significant shift. The probability of reaching this price target has decreased from 62% to 52.5% over the past 24 hours, reflecting concerns about the regulatory landscape. The decrease in odds is consistent with market participants viewing regulatory challenges as a potential obstacle to Hyperliquid’s growth.
Key Takeaways Market pricing suggests a decrease in confidence that Hyperliquid will reach $100 by the end of 2026, with current odds at 52.5%. The potential regulatory risks highlighted by a crypto expert appear to have influenced market sentiment, leading to a reassessment of Hyperliquid’s growth prospects. The reported regulatory challenges for decentralized exchanges may indicate a broader concern impacting multiple market participants. What to Watch Watch for further developments regarding regulatory actions affecting decentralized exchanges, as these could impact Hyperliquid’s market outlook. Additionally, any announcements from Hyperliquid regarding partnerships or technological advancements may counterbalance current regulatory concerns. Monitoring statements from key industry figures and major platforms will be crucial in assessing future market movements.
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Term Structure
Contract Odds Δ since publish Volume 24h December 31 53% +0.5¢ $151 View market → January 1 2027 3.8% 0.0¢ $371 View market → January 1 2027 2.9% 0.0¢ $294 View market → January 1 2027 4.5% 0.0¢ — View market → January 1 2027 4.7% +0.1¢ $6K View market → January 1 2027 76.4% -0.1¢ $386 View market → January 1 2027 11.5% 0.0¢ $5K View market → January 1 2027 8% +1¢ $185 View market → January 1 2027 6.5% +0.5¢ $120 View market → Updated 5min ago
A bitcoin whale on Hyperliquid opened a long position of 911.55 BTC, approximately 70 million dollars, with a 40x leverage. With bitcoin at 77,150 dollars, this position is less than 1% from its liquidation price which is 76,308.60 dollars. Meanwhile, Michael Saylor posts a laconic tweet: “Just buy Bitcoin.”. Here is what this situation reveals about the current volatility of the crypto market.
In brief A trader on Hyperliquid bet $70 million on Bitcoin. Michael Saylor reacted with a simple tweet: “Just buy Bitcoin.” Cascading liquidations and macroeconomic events could impact the price of Bitcoin in the coming days. The Risky Position of 70 Million Dollars of a Bitcoin Whale Recently on Hyperliquid, a whale opened a long position of 911.55 BTC at an average price of 77,733 dollars per BTC. With 40x leverage, this position controls about 70.08 million dollars exposure. The liquidation price, which is the threshold where the position would be automatically closed to avoid further losses, is at 76,308.60 dollars.
Position of a bitcoin whale at 70 million dollars. Bitcoin is currently around 77,150 dollars, less than 1% above this critical threshold. So a decrease, even minor in price, could trigger a forced liquidation and cause a massive BTC sell-off on the crypto market. According to analyses, this whale has a success rate of 92.5% over the last 80 trades. An impressive performance, certainly, but which does not protect it at all from a market reversal.
“Just buy Bitcoin”, Michael Saylor’s response? While some traders play with the fire of extreme leverage, Michael Saylor chooses a radically different approach. In a tweet posted this morning, he simply says: “Just buy Bitcoin.” Minimalist but symbolic, this tweet recalls his conviction. Bitcoin is an asset to hold for the long term, not a speculative instrument. For him, short-term price movements matter less than the fundamental value of BTC as digital gold.
This position strongly contrasts with that of the Hyperliquid whale. Where one bets on quick gains with high risk, the other bets on a progressive appreciation of bitcoin over several years. With BTC currently close to its liquidation threshold, the next hours could be decisive. Because if the price falls below 76,308.60 dollars, the whale’s position will be liquidated. This could worsen the selling pressure on the crypto market.
The Upcoming Key Dates to Watch Several macroeconomic events could influence bitcoin’s price in the coming days:
September 18, 2026**: Fed decision on interest rates; Release of inflation data (CPI): a key indicator for financial markets. These announcements could then reinforce or weaken crypto investor confidence.
What to Do in the Face of Crypto Market Volatility? For traders:
Risk management: Avoid excessive leverage (like 40x) without stop-loss to limit losses; Monitoring tools: Use platforms like Hyperliquid, Bybit or Binance to monitor liquidation thresholds in real time; Diversification: Do not concentrate all capital in a single position. For long-term investors:
DCA strategy (Dollar-Cost Averaging): Invest regularly, regardless of the price, to smooth fluctuations; HODL: Like Michael Saylor, some choose to hold their BTC despite volatility, betting on long-term appreciation; Diversification: Do not put the entire portfolio into Bitcoin. Assets like gold or stocks can offer protection against crypto volatility. What to Remember from the Risky Position of This Bitcoin Whale? A trader on Hyperliquid opened a long position of 911.55 BTC, or 70 million dollars with 40x leverage, less than 1% from its liquidation price which is 76,308.60 dollars. Michael Saylor reacted with a minimalist tweet: “Just buy Bitcoin”, reflecting his long-term accumulation strategy. The crypto market remains volatile, with possible cascade liquidations if bitcoin falls below certain thresholds. The contrast between the high-risk position of the whale on Hyperliquid and the long-term philosophy of Michael Saylor perfectly illustrates the duality of the crypto market. On one side, those seeking to maximize gains in record time, and on the other, investors who accumulate patiently. In a market where 70 million dollars can disappear with one click, the question is not only how to trade but also why we do it.
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Eddy S.
The world is evolving and adaptation is the best weapon to survive in this undulating universe. Originally a crypto community manager, I am interested in anything that is directly or indirectly related to blockchain and its derivatives. To share my experience and promote a field that I am passionate about, nothing is better than writing informative and relaxed articles.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail.
Ethereum (ETH) Ethereum fell 3% this week as the price curved down once it touched $2,500. The current support is found at $2,400 and may soon be tested, considering that momentum has turned somewhat bearish and a pullback is ongoing.
As long as the price can hold above $2,400, ETH has a good chance to make higher highs. However, any weakness at this key level could put sellers back in charge as they seek to send this cryptocurrency lower.
Looking ahead, Ethereum has to consolidate around existing levels if it wants to maintain its rally. The challenge is that buy volume is declining, and bulls are showing signs of exhaustion. This makes a deeper correction more likely if nothing changes.
Source: TradingView Ripple (XRP) XRP had a bad week after the price crashed 9%. This follows sellers rejecting a breakout at the $1.6 resistance. With bulls on the defensive, they have retreated at the $1.3 support level.
A test of the key support appears imminent based on the current price action. If it holds, then this cryptocurrency can book a higher low and encourage buyers to return for another go at $1.6.
Looking ahead, XRP is at a key turning point. The $1.3 level can make or break the momentum that drove the price up 60% in less than a week in late August.
You may also like: Bitcoin and Ethereum Explode, Wrecking Over $250M in Shorts in an Hour Bitcoin Price Reacts to August US CPI Data: Here’s What Happened ‘We Will Not Pay’: Blockstream Rejects 10% Bounty Demand From Liquid Hackers Source: TradingView Cardano (ADA) ADA is similar to XRP as it also failed to clear the resistance at $0.23. This is bad news for bulls, and the price closed 9% lower this week. With bullish momentum under threat, buyers will struggle to regain control here.
If nothing changes, then Cardano will have no other choice but to fall below $0.20 and maybe even re-test the key support at $0.15. While a consolidation period would be normal, it could give sellers a chance to return in force.
Looking ahead, ADA needs to find renewed interest from buyers if it wants to escape its current range between $0.23 and $0.15. Anything less would see bears take control again.
Source: TradingView Binance Coin (BNB) Binance Coin dropped a modest 2% this week after sellers reversed the price action around $780. Since then, BNB has been pulling back, and a test of support at $690 appears likely in the coming days.
Ideally, this cryptocurrency will hold above $690 if buyers want to maintain their advantage and momentum. Any price below this key level will see it turn into a resistance, which could push BNB much lower.
Looking ahead, even if the ongoing pullback turns into a more significant correction, this cryptocurrency will remain bullish as long as it can secure a higher low. That includes any price above $580, which is the next key support level.
Source: TradingView Hype (HYPE) Hyperliquid made a new record price at almost $90 last week. However, this week, the price pulled back and closed 10% lower. This is unfortunate, and if the current weekly bearish engulfing candle remains as it is, that will be a bad signal for the market.
Taken together, this suggests a bearish bias, at least in the short term, with key support at $76 and $70. Even so, as long as the price can stay above $70, the overall uptrend channel will remain intact.
Looking ahead, HYPE has continued to impress in 2026 despite any volatility, with consistently higher highs. A test of the $100 psychological level seems likely before any significant selling returns.
Hyperliquid has taken a notably different approach to token listings. There is no committee, no back-channel negotiation, and no opaque approval process. Instead, the protocol runs a continuous Dutch auction every 31 hours, and whoever is willing to pay wins the right to deploy a spot token.
How the auction works The mechanism, governed by the HIP-1 standard, is straightforward.
What winning, and losing, the auction means Winning the auction is what grants a token a front-end listing and an order book on Hyperliquid. A token can exist on HyperEVM without going through the auction process, but it will not appear on the platform's interface or have a tradeable market. Per @HyperliquidX's documentation,
The HYPE paid in winning auctions is burned, permanently removing it from circulation.
The result is a self-correcting price discovery system: heavy demand pushes the next auction's starting price up, while weak demand pulls it back to the floor.
August U.S. CPI could determine whether the Federal Reserve will implement its first interest rate hike in more than three years, with the current probability of a September rate hike standing at around 70%.
The U.S. Department of Labor will release August Consumer Price Index (CPI) data at 20:30 Beijing time tonight. Market expectations are for headline CPI to rise 0.4% month-over-month (MoM) and 3.4% year-over-year (YoY), while core CPI is projected to increase 0.2% MoM and 2.4% YoY. This data will serve as a key reference for the Federal Reserve’s decision on whether to implement its first interest rate hike in over three years next week. The Fed’s last rate hike occurred on July 26, 2023, when it raised rates by 25 basis points, pushing the federal funds rate target range to 5.25%–5.50%. U.S. August Producer Price Index (PPI) rose 5.4% YoY, up from July’s 4.8%. Meanwhile, the Iran-related conflict has pushed U.S. oil prices above $100 per barrel. Combined with transportation, supply chain, and tariff costs, the Fed will closely monitor whether energy prices are passing through to core goods and services prices. The market is particularly focused on the core CPI MoM figure. Analysts note that if core CPI rises 0.2%, it may provide room for the Fed to hold rates steady; if it rises 0.4%, it could significantly push policy toward a rate hike. Should the figure come in at 0.3%, traders may further scrutinize unrounded data and sub-components including housing, services, and core goods. CME FedWatch data shows the market currently assigns a roughly 70% probability that the Fed will raise rates by 25 basis points in September, lifting the target range to 3.75%–4.00%. Bank of America argues that even if CPI meets expectations, it may still be sufficient to support a rate hike; Nomura Securities, however, expects the Fed to keep rates unchanged.
7 minutes ago
A trader who purchased PONS early has realized a total profit of $2.81 million.
According to Arkham monitoring, the account linked to @sickassdude69 began buying PONS on the day after the token launched this July, when its market cap stood at roughly $628,000. The account executed 73 trades with a total investment of $249,400. It has now cashed out $509,400, still holds PONS worth approximately $2.55 million, with total profits of $2.81 million and a total return of 12.3 times.
7 minutes ago
Google launches Gemini Windows app, but initial version differs little from its web counterpart.
Beating AI News Flash: Google officially launches Gemini desktop app for Windows, supporting Windows 10 and 11 and available globally. Users can summon Gemini from any interface via the Alt + Space shortcut, eliminating the need to switch to a browser. The app integrates Gemini Spark, Gmail and Drive connectivity, as well as Nano Banana image generation and Gemini Omni video generation features. However, the launch version has limited desktop-specific capabilities. 9to5Google reports that its current interface is essentially the web version of Gemini with Notebooks and a history sidebar added. Google’s own documentation notes that the Mac version already supports screen content reading, cross-app voice input, and Spark’s local folder organization—all of which will be added to the Windows version in future updates.
7 minutes ago
Analyst: Bitcoin’s current demand is weak; if this fails to improve, it may enter a correction phase.
CryptoQuant analyst Darkfost noted in a recent post that Bitcoin’s current demand conditions are deteriorating, making it difficult for the cryptocurrency to sustain its current price levels. Data shows Bitcoin’s spot demand stands at negative 145,000 BTC, with the downward trend remaining stable; futures demand, while still positive at 74,500 BTC, has weakened significantly. Institutional investors, affected by the current macroeconomic environment, lack confidence in taking on Bitcoin risk, and the Coinbase Premium Index has dropped to -0.036, showing a clear negative trend. For ETF flows: Bitcoin, Ethereum, and Solana ETFs recorded net outflows of $282 million, $29.9 million, and $500,000 respectively, while XRP ETFs saw a net inflow of $5 million, leading to an overall net outflow of $308 million — the worst single-day performance for the sector in the past two months. If demand conditions fail to improve rapidly, the crypto market may enter a correction phase. Current macroeconomic and geopolitical news are the main drivers of market moves, and attention should also be paid to the impact of rapidly rising bond yields.
7 minutes ago
The Robinhood-associated stock meme coin AI has surpassed a $270 million market cap, rallying more than 37% in the last 24 hours.
According to GMGN market data, the crypto-stock meme coin Artificial Inu (AI) on the Robinhood Chain has crossed the $270 million market cap threshold, currently trading at $272 million, with a 24-hour gain of over 37% and a 24-hour trading volume of $25.6 million. Stock Meme is an emerging concept that directly combines traditional meme coins with tokenized U.S. stocks: instead of pairing with USDT or ETH, meme coins are traded directly against on-chain U.S. stock tokens (such as NVDA, TSLA, etc.). This model retains the high volatility and community-driven speculative nature of meme coins while leveraging the popularity and narratives of real stocks. Typically, a portion of transaction fees is funneled back to the community treasury to accumulate the corresponding U.S. stock tokens, forming a dual-driven model of "sentiment hype + real asset anchoring". Artificial Inu integrates narratives related to Shiba Inu, AI, and NVIDIA, and features a pairing mechanism with tokenized NVDA. BlockBeats reminds users that prices of related tokens are highly volatile, so investors should exercise caution.
7 minutes ago
Brent crude extends its losses, with the intraday drop widening to 3%.
According to Bitget market data, Brent crude oil has extended its losing streak, with the intraday decline widening to 3% and currently trading at $102.99 per barrel. WTI crude oil fell nearly 3% to $97.68 per barrel.
Coinbase has restored the Coinbase Wallet name to the platform it renamed Base App in July 2025, ending a one-year attempt to turn a crypto wallet into a social network.
The app now points at leveraged bets, prediction markets and tokenized shares across more than 10 blockchain networks.
The rename closes a pivot that began much earlier. BeInCrypto reported the trading-first pivot in January, eight months before the branding caught up.
Base is Coinbase’s own blockchain network, launched in 2023. The 2025 rename put that network’s name on the consumer app, alongside a feed, messaging and mini apps.
Base creator Jesse Pollak handed the app back to Coinbase in July and called his on-chain social bet a failure.
lots of conversations about base over the last week. wanted to share my candid take after a week of listening and a lot of reflection over the last 6 months.
first off – in case it’s not obvious, the first quarter of 2026 was a punch in the face. I spent 2024 and 2025 making a…
— jesse.base.eth (@jessepollak) July 15, 2026 Chief executive Brian Armstrong had already called time on creator coins. Those tokens let fans buy a stake in a post or a personality.
Most spiked on attention, then collapsed. BeInCrypto counted four Base experiments that flopped before Armstrong pulled the plug. They were:
Zora Creator coins Team-backed tokens The social-first Base App “We messed up, time to turn the page,” Armstrong said at the time.
What Traders Will Actually NoticeCoinbase Wallet now routes users to Hyperliquid for perpetual futures. Those are contracts that let traders bet on price using borrowed money, with no expiry date.
We've returned to our roots: trading.
Coinbase Wallet will be the fastest way to trade everything onchain. From tokenized stocks and memes, to perps and predictions.
If it's onchain, it's on Coinbase Wallet.
— Coinbase Wallet (@coinbasewallet) September 10, 2026 It also carries prediction markets and tokenized stocks, which are shares tracked on a blockchain instead of at a broker. Robinhood Chain and Monad join the supported networks.
Robinhood Chain already ranks among the leading tokenized stock venues, according to Grayscale. Coinbase says the wallet will test products its main exchange cannot list first.
Perpetual futures remain closed to United States users, a limit Washington is now weighing for Hyperliquid.
Coinbase has not published a fee schedule for the wallet. It has also not said whether the trading push grew user numbers.
Coinbase web pages still showed Base App branding on Thursday, hours after the name was said to have changed. Traders who only swap tokens will notice a new icon and little else. Those reaching for leverage will notice the wall.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
According to TradingBeats monitoring, after the PPI release and ahead of the CPI announcement, two large whales on Hyperliquid successively adjusted their US stock index positions, opening a total of approximately $36.882 million in XYZ100 and SP500 short positions. The address starting with 0x469e, which was previously neutral, began building XYZ100 short positions post-PPI, totaling 500 contracts traded for about $14.508 million, with an average entry price of roughly 29,015.81 points. As of press time, this address still holds its full XYZ100 short position, valued at around $14.536 million, with an unrealized loss of approximately $28,000. It has also set a triggered take-profit market order at 28,800 points, about 0.9% from the current price. Meanwhile, another address 0x42bc completed a round of index short position switching. This address previously closed about 500 XYZ100 short positions, locking in a profit of roughly $253,000, then shifted its risk exposure to SP500, opening a total of 2,942.73 short contracts for approximately $22.375 million, with an average entry price of about 7,603.33 points. Currently, this address’s SP500 short position is valued at around $22.353 million, with an unrealized profit of approximately $22,000, and it still retains an additional short position plan worth about $1.384 million.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
