Crypto News

Hyperliquid’s impressive growth trajectory might keep investors’ eyes on HYPE.

After opening at $503.82, BCH fluctuated between an intraday low of $497.85 and a high of $509.48, maintaining a firm position above the $500 threshold throughout the session.

‘Tis all part of some mysterious “pre-launch” masquerade that commenced on the All Fools’ Day—no jest, I assure you! The crowds have tossed not cabbages, but $810,831 into the ring thus far, waving purses with the flourish of aspiring millionaires and expectant dog trainers alike.

This sequence of high-volume deposits coincides with rising exchange inflows and renewed speculation around possible large-scale liquidation, a most dire prospect indeed! 📉

According to a press release shared with crypto.news on July 9, MyTonWallet and Tokenstore have launched the first live integration of MyTonWallet Pay, enabling instant Toncoin (TON) and Tether (USDT) payments at checkout. It’s the closest thing to digital cash the ecosystem has seen since the invention of the whoopee cushion! 💸💨

Thanks to this new partnership, Kraken users will soon be able to deposit and withdraw tokenized U.S. stocks—like TSLA, AAPL, NVDA, and SPY—via the BNB network. These tokenized equities, known as xStocks (because “x” makes everything sound cooler), will be deployed on Binance Chain as BEP-20 tokens and integrated into the Stock Alliance, a coalition that’s all about expanding the reach of tokenized assets 🤝.

The crypto mining industry, 2025: as calm as a Moscow traffic jam and twice as predictable. July: the month when the stats were made to be laughed at (or perhaps wept over). Galaxy Digital Holdings Ltd. reigns heavy with its $7.48 billion cap—though recently, its value has drifted like a government-issued ration card, down 0.97% for the day, 12.68% over just five despair-filled evenings. Next door, MARA Holdings discovers the cheat code, leaping 4.63% daily and 11.59% weekly; meanwhile, Core Scientific, Inc. drops like the thermometers in February: -5.46% and -18.72% for day and week. Ah, market capitalism—always dangling a carrot that proves to be a potato.

In a mere 10 minutes, Hyperliquid managed to generate over $46,000 in protocol fees, a sum that would make even the most seasoned trader raise an eyebrow. Remarkably, 97% of this revenue was promptly redirected into buying back HYPE, a testament to the ecosystem’s native Assistance Fund, which diligently recycles protocol revenue into token support. Currently, over $1 million in HYPE is nestled in the fund’s reserves, with a live bid at $38.88 for another 257 tokens. This automated, on-chain support mechanism adds a defensive layer beneath the price, a luxury that most tokens can only dream of. 🛡️

The rally reflects not only strong technical momentum but also growing traction in the protocol’s ecosystem – particularly in Bitcoin-integrated DeFi.

Those analytic whizzes over at Alphractal, bless their curious little hearts, reckon that if this cycle don’t play hooky this time, Bitcoin might just be sittin’ on a pile of gold with room to stretch its legs. Now, don’t y’all go puttin’ your life savings on the line just yet—no model can paint a foolproof future, but hey, this one’s been worth keeping an eye on like a hawk on a field mouse.