News with the tag "hype"

Nasdaq-listed Sonnet BioTherapeutics is merging with Rorschach I LLC to form Hyperliquid Strategies, a new public crypto treasury company valued at $888 million, focusing on HYPE tokens and leveraging a Nasdaq listing for strategic advantages.

Hyperliquid Strategies Inc. (HSI), a new Nasdaq-listed company formed from a merger, will hold $888 million in assets, including $583 million in HYPE tokens, becoming the largest U.S.-listed firm with direct HYPE exposure.

Sonnet BioTherapeutics' stock surged in pre-market trading following its agreement to form a new company, Hyperliquid Strategies Inc., with Rorschach I LLC, backed by prominent investors, marking a significant pivot into the cryptocurrency sector.

Sonnet BioTherapeutics rebrands and forms Hyperliquid Strategies, investing heavily in the Hyperliquid (HYPE) ecosystem, signaling significant institutional interest and potential growth for the cryptocurrency.

Dogecoin (DOGE) is showing a bullish signal similar to the setup before its historic 36,000% surge in late 2020, with potential targets of $1 or higher, though a repeat of the same gain is unlikely due to its larger market cap.

CoinMarketCap's Q2 2025 report highlights significant growth in real-world assets (RWAs), stablecoins, and trading platforms, with USD1, USDT, and Hyperliquid showing notable performance.

Crypto trader James Wynn deactivated his X account after suffering massive losses from high-leverage trading, including a $100 million Bitcoin liquidation, while Hyperliquid exchange saw record trading volume growth.

Hyperliquid, a decentralized exchange (DEX), has achieved a record-breaking $10.6 billion in open interest, highlighting its growing dominance in the DeFi ecosystem and signaling a shift towards high-performance decentralized derivatives trading.

Hyperliquid (HYPE) has surged to a new all-time high, with market speculation on whether it can reach $100 by the end of 2025, supported by strong fundamentals and trading activity.

Hyperliquid ($HYPE) reached a new all-time high with a 24% weekly surge, driven by growing DeFi demand and alt season speculation, alongside institutional interest and significant investments.