Bitcoin Surges Hyperliquid Tops Nasdaq
Hyperliquid, praised by ICE CEO Jeff Sprecher as “bigger than Nasdaq,” sees HYPE token rebound 10% to $62.50; institutional clients monitor blockchain trading. #Update #Crypto
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
Hyperliquid, praised by ICE CEO Jeff Sprecher as “bigger than Nasdaq,” sees HYPE token rebound 10% to $62.50; institutional clients monitor blockchain trading. #Update #Crypto
Bitcoin retested $72,500, triggering $342 million in liquidations ahead of a $9 billion options expiry; bears dominate as only $306 million in call options remain in the money. #Update #Crypto $BTC
Arca CIO Jeff Dorman warns @MicroStrategy’s Bitcoin-heavy balance sheet faces risks due to capital-structure tradeoffs, including potential BTC sales amid market downturns. #Update #Crypto $BTC
Crypto trader Michaël van de Poppe cites the US-Iran conflict as a key factor limiting Bitcoin’s potential rallies, predicting strong altcoin momentum if BTC holds above $73K. Currently, $BTC trades at $74,412. #Update #Crypto $BTC (-1) →
@MicroStrategy has transferred 411.48 BTC worth $30.3M to Coinbase Prime, raising speculation about a potential sale. Polymarket estimates an 84% chance of Bitcoin sales by 2026. #Update #Crypto $BTC
Bitcoin holders are facing losses as whale accounts see negative balance growth, with 40% of BTC supply at a loss; long-term holder supply hits 15.8M BTC amid market downturn. #Update #Crypto $BTC
Quantus warns $2T in crypto, including $BTC and $ETH, faces quantum risks as migration lags; NIST finalizes post-quantum standards for 2024. #Update #Crypto $BTC
US PCE inflation rose to 3.8%, exceeding March’s 3.5%, pressuring risk assets and causing Bitcoin to decline amid geopolitical tensions; Core PCE missed forecasts at 0.2% #Breaking #Crypto $BTC (-8) ↘
Bitcoin’s price fell below $74,000, struggling to maintain above $72,000 support amid bearish trends and resistance at $73,750. #Update #Crypto $BTC
Fidelity Digital Assets reports a notable shift as nation-states and central banks increasingly adopt Bitcoin and gold for alternative settlement systems outside US influence. #Update #Crypto $BTC
@Calamos reports $10M-$15M inflows into its protected Bitcoin ETFs amid spot ETF redemptions, as advisors seek reduced volatility and downside risk in crypto exposure. #Update #Crypto $BTC
Andreessen Horowitz’s wallet buys 253,947 $HYPE tokens for $15.03M amid market pullback, signaling institutional confidence despite broader selling pressures.
Samsung invests $445 million in Dunamu, acquiring a 4% stake to enhance its digital asset strategy, focusing on stablecoins and tokenized securities. #Update #Crypto $USDT
CME Group’s Bitcoin futures market will trade 24/7 starting Friday, eliminating weekend price gaps; the lowest remaining gap is near $67,000. #Update #Crypto $BTC