Hyperliquid expanded its HIP-4 framework by launching a U.S. Consumer Price Index prediction market, allowing users to trade on-chain contracts tied to the May 2026 inflation print. The protocol’s 24 native validators function as the oracle, eliminating reliance on external data networks like UMA by directly ingesting news feeds and voting on-chain to settle events. HIP-4 contracts feature zero leverage or liquidation risk, operating as fully...

Bitcoin breached the critical support level of $75,000 overnight, hitting its lowest price point in nearly a month. The sharp market downturn followed six consecutive days of net outflows from U.S. spot Bitcoin ETFs, totaling more than $1.25 billion. The rapid price decline triggered hundreds of millions of dollars in liquidations, heavily flushing out leveraged long positions across crypto derivatives markets. Bitcoin dropped...