Hyperliquid Generates $713M as Jeff Yan Eyes Tokenized Assets
Hyperliquid recorded $713 million in 12-month revenue, Bloomberg reports, as Jeff Yan explores tokenized assets and a regulated route into the US.
Cryptocurrency news, market insight, company coverage, and practical guides related to hype.
Bitget CEO Gracy Chen expressed skepticism regarding Bitcoin’s recent surge to $79,000, revealing she is holding liquidity in stablecoins while waiting for a pullback toward $50,000.
Bitcoin hovered around $63,460 after weekly spot ETF net outflows reached $390 million, while select altcoins including HYPE and LINK outperformed the broader crypto market.
Triggered by weak US employment figures, an intense short squeeze caught bearish traders flat-footed, fueling massive weekly gains for major crypto tokens like Ether and Solana.