📊 Hyperliquid HIP-4 Event Contract Hits 6.05m Contracts (>$6m) in First-Day Volume
Hyperliquid’s HIP-4 event contract has officially launched. On its first trading day, the contract recorded a notional volume of 6.05 million contracts, capturing roughly 0.7% of the day’s total prediction market share. By comparison, Kalshi recorded 546 million contracts and Polymarket reached 190 million contracts on the same day.
Hyperliquid’s HIP-4 event contract has officially launched. On its first trading day, the contract recorded a notional volume of 6.05 million contracts, capturing roughly 0.7% of the day’s total prediction market share. By comparison, Kalshi recorded 546 million contracts and Polymarket reached 190 million contracts on the same day.
🆕 Rebounding at the Average Cost Basis of Early ETF Buyers
The average cost basis of investors who entered the market following the ETF approval is now acting as a key support level for Bitcoin's current price. A rebound is emerging from this zone. #etf
The average cost basis of investors who entered the market following the ETF approval is now acting as a key support level for Bitcoin's current price. A rebound is emerging from this zone. #etf
🇺🇸💰 Payward, the parent company of Kraken, has completed the acquisition of Bitnomial, granting access to cryptocurrency derivatives offerings in the United States.
🧐 Eveningtraders flagged a group of tokens as having potential supply-control risk. They warned that heavy concentration combined with “bear-trap” price action can be used to liquidate retail long and short positions, amplifying abnormal volatility. Past examples cited include $RIVER, $COAI, $MYX, $PIPPIN, and $RAVE. Tokens highlighted include $SKYAI, $GENIUS, $DEXE, $H, $M, $UAI, $ZKP, as well as fan tokens such as $LAZIO, $CHZ, $SANTOS, $PORTO, and $ALPINE.
🇺🇸⚖️ Live audio for the Elon Musk v. Sam Altman/OpenAI trial starts streaming via the U.S. District Court for the Northern District of California’s official channel. #regulation
Bitcoin Magazine
🎯 Can you predict Bitcoin's weekly close? Join the $BTC Forecast Challenge — make your prediction, beat the crowd, and win $10 🏆 How it works: → Every Monday a new round opens → You have 24 hours to submit your BTC price prediction → The closest guess at…
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🇦🇷🧑💻 #RWA Argentina Significantly Relaxed Restrictions on the Tokenization of Real-World Assets (RWA).
🐳 Whales just absorbed 270,000 $BTC in 30 days. Exchange reserves hit a 7-year low.
Only 2.21M $BTC sit on exchanges — 5.88% of total supply, the lowest level since 2018.
Meanwhile, wallets holding 1,000+ $BTC quietly stacked nearly 1.4% of all bitcoin in a single month.
Quiet retail. Aggressive whales. This is what early accumulation looks like — until it isn't quiet anymore.
Only 2.21M $BTC sit on exchanges — 5.88% of total supply, the lowest level since 2018.
Meanwhile, wallets holding 1,000+ $BTC quietly stacked nearly 1.4% of all bitcoin in a single month.
Quiet retail. Aggressive whales. This is what early accumulation looks like — until it isn't quiet anymore.
📊 ZachXBT Accuses Tokenlon of Handling Illicit Funds
On-chain investigator ZachXBT alleged that a significant portion of trading volume on decentralized exchange Tokenlon is linked to illicit sources, including romance scams, human trafficking, investment fraud, and Chinese underground markets. He named the platform’s co-founder and warned of potential future actions targeting Tokenlon and ImToken.
ZachXBT also stated that multiple platforms associated with illegal fund flows, including Butter Network, HiFiSwap, Bridgers / SWFT, and Tokenlon, should be prioritized for enforcement.
On-chain investigator ZachXBT alleged that a significant portion of trading volume on decentralized exchange Tokenlon is linked to illicit sources, including romance scams, human trafficking, investment fraud, and Chinese underground markets. He named the platform’s co-founder and warned of potential future actions targeting Tokenlon and ImToken.
ZachXBT also stated that multiple platforms associated with illegal fund flows, including Butter Network, HiFiSwap, Bridgers / SWFT, and Tokenlon, should be prioritized for enforcement.
🕵️ 500,000,000 $USDT (499,818,500 USD) transferred from Binance to Tether Treasury
🤔 Stablecoin startup Rain is worth $1.95 billion and plans to issue cards with Mastercard in a push to woo institutional customers. #stablecoin
🐳 Last week, the company Strategy sold 492,210 shares, raising $82 million. The asset volume remained unchanged at 818,334 BTC, with an average purchase price of $75,537.
🇺🇸🔮 The SEC in the US has postponed the review of applications for ETFs focused on the prediction market. #regulation