Tag: Breaking

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...

Polymarket has launched a new asset category enabling users to trade on the performance, valuations, and funding milestones of major private companies. The decentralized prediction platform has secured an exclusive agreement with Nasdaq Private Market to serve as the official data and resolution provider. Initial trading contracts allow participants to speculate on the future valuations of high-profile tech unicorns, including OpenAI,...

SpaceX has officially filed its S-1 registration statement with the SEC for a massive initial public offering, targeting a corporate valuation between $1.5 trillion and $2 trillion. The filing reveals a corporate Bitcoin reserve of 18,712 BTC, which represents a fair value of $1.29 billion as of March 31, 2026, and is worth nearly $1.45 billion at current market prices. The digital asset stash is significantly larger than previous blockchain...

Trade.xyz launched synthetic pre-IPO perpetual contracts for SpaceX on Hyperliquid under the SPCX-USDC ticker, drawing $33 million in first-day volume. The market debuted with an initial reference price of $150, implying a starting valuation of $1.78 trillion for the private aerospace firm. Hyperliquid’s native HYPE token bucked broader market declines to rally 7% following the launch of the new derivatives instrument. The decentralized...