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SpaceX Pre-IPO Perpetuals Launch on Hyperliquid as HYPE Token Gains 7%

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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...

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Ethereum Foundation Grapples with Wave of High-Profile Departures

Ethereum Foundation Grapples with Wave of High-Profile Departures Amid Ongoing Organizational Shift

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Multiple senior departures announced in recent months, including Carl Beek after seven years and Julian Ma after four, adding to exits by figures like Barnabé Monnot, Tim Beiko, Trent Van Epps, and others. Tied to EF’s new Mandate published in March 2026, emphasizing reduced centrality, focus on public goods, and Ethereum’s long-term resilience independent of any single organization. Community debate intensifies on X...

Cryptocurrencies, Ethereum, Front page, News

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Bitcoin’s Breathless Rally Meets A Reality Check — Why Traders Should Respect The Pullback

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Bitcoin’s recent sprint from the high‑$60Ks to a local peak above $82K felt, for a moment, like the market remembering how to sprint. That euphoria, however, has been met with a sober counterpunch: momentum has faded, selling pressure has reasserted itself, and a measured pullback toward the mid‑$77K range is now the market’s new reality. This isn’t a call to panic; it’s a reminder that markets that climb fast can unwind just as quickly, and...

Blockchain, Coins, Cryptocurrencies, News

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Bitcoin Slides Below $77,000 Amid Geopolitical and Macro Pressures as Strategy Deploys $2 Billion to Buy the Dip

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Bitcoin faces significant downward pressure as macroeconomic and geopolitical factors trigger widespread market liquidations, even as corporate giant Strategy capitalizes on the pullback with a massive $2 billion acquisition. Bitcoin plummeted below $77,000 Monday morning, hitting multi-week lows as risk assets reacted sharply to rising bond yields and escalating Middle East tensions. The market downturn triggered more than $670 million in...

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Bitcoin Slides to ,000 as Over 0 Million in Longs Get Liquidated

Bitcoin Slides to $78,000 as Over $500 Million in Longs Get Liquidated

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Bitcoin dropped about 3.2% over 24 hours to near $78,000, reversing gains from the prior week when it briefly topped $82,000. Over $581 million in crypto positions liquidated, with ~95% from long bets led by BTC and ETH. Broad risk-off move tied to hotter inflation data, surging bond yields, and spot Bitcoin ETF outflows. Altcoins hit harder: SOL and XRP down ~5%, ETH ~3.3%. Bitcoin tumbled to around $78,000 on May 16,...

Bitcoin, Cryptocurrencies, Front page, News

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