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Can Bitwise’s new ETF push HYPE price beyond $50?
Hyperliquid's native token HYPE has climbed more than 20% in the past 24 hours on the back of a number of bullish developments. According to market data, HYPE rallied from $38.41 on May 14 to as high as $46.67 before stabilising around $44. Fresh demand arrived alongside the launch of new US-listed Hyperliquid investment products. Earlier on Thursday, Bitwise Asset Management announced the start of trading for its spot Hyperliquid ETF on the New York Stock Exchange under the ticker BHYP. The company stated that the product is among the first spot Hyperliquid exchange-traded products in the United States and the first to include in-house staking through Bitwise Onchain Solutions. In a statement released by the firm, Matt Hougan said Hyperliquid had become “one of the most compelling investment opportunities in crypto today,” while pointing to the network’s role during February’s geopolitical tensions, when Bloomberg reportedly cited Hyperliquid’s crude oil perpetual market for price discovery, while traditional markets remained closed. Bitwise also stated that Hyperliquid processed roughly $2.9 trillion in trading volume during 2025, more than 400% higher than the previous year. The company added that the platform currently accounts for nearly 60% of global on-chain derivatives open interest and can process approximately 200,000 orders per second. ETF inflows and Coinbase partnership add momentum At nearly the same time, trading activity surrounding 21Shares’ Hyperliquid ETF accelerated following Coinbase’s latest integration with the network. Speaking to crypto media, 21Shares Director of Capital Markets Michael Friedman said the ETF recorded its “best day yet” on Thursday, generating $8.1 million in trading volume and around $4.9 million in net inflows. Friedman said that Coinbase’s announcement may have contributed to stronger trading activity. Earlier this week, Coinbase confirmed it would become the treasury deployment partner for USDC on the Hyperliquid network under the platform’s Aligned Quote Asset framework. Additional figures from SoSoValue showed that the Bitwise and 21Shares Hyperliquid ETFs have collectively attracted nearly $8.2 million in net inflows since launch. Behind the ETF activity, on-chain accumulation by major crypto investors has also strengthened bullish sentiment around the token. According to on-chain data, wallets linked to venture capital firm Andreessen Horowitz (a16z) acquired nearly $67.5 million worth of HYPE in the weeks leading up to the ETF launches. Market participants interpreted the purchases as a sign of institutional confidence in Hyperliquid’s Layer 1 infrastructure and trading ecosystem. At the policy level, regulatory developments in Washington added another catalyst for crypto markets. The US Senate Banking Committee recently advanced the Digital Asset Market Clarity Act, a move that improved sentiment across digital assets as traders positioned for a more defined regulatory structure in the country. Alongside its derivatives exchange, Hyperliquid has continued expanding into lending, borrowing, spot trading, and Ethereum-compatible smart contract infrastructure through HyperEVM. Ongoing development tied to the network’s CoreWriter upgrade has also encouraged developers to build decentralised applications connected directly to Hyperliquid’s liquidity layer. HYPE price analysis According to the 4-hour HYPE/USDT price chart, Hyperliquid’s token has broken above its recent consolidation range after surging from around $38 to nearly $47 within a single trading session. HYPE/USDT 4-hour price chart. Source: TradingView. The rally pushed HYPE well above both the 9-period and 20-period exponential moving averages, with the shorter-term EMA crossing firmly above the longer-term EMA, a structure that typically signals strengthening bullish momentum. At the same time, trading volume expanded significantly during the breakout move, indicating that buyers actively supported the rally rather than the move being driven by thin liquidity. The latest candles, however, also show signs of volatility near the $46 to $47 region after sellers stepped in close to local highs. Momentum indicators suggest the uptrend remains intact, though traders may face short-term turbulence if buying pressure slows. The Relative Strength Index on the 4-hour timeframe recently climbed above the 70 level before cooling to around 56, showing that overheated conditions have eased slightly following the sharp run-up. A reset in RSI without a major price breakdown often indicates that bulls are attempting to establish support at higher levels rather than fully exiting positions. Meanwhile, the $43 area has started emerging as an important short-term support zone because both moving averages are now converging around that region. Holding above that level could allow HYPE to make another attempt toward the recent $46.67 high. If buyers regain control above that resistance band, traders may begin targeting the psychological $50 level next. On the downside, failure to defend the $43 to $42 range could expose HYPE to a deeper retracement toward the $40 region, where the previous breakout structure and rising EMAs may attract renewed demand. Beneath that, the chart shows a stronger liquidity pocket near $38 to $39, which previously acted as the launch point for the latest rally. Despite the recent pullback from local highs, the current chart structure still favors bullish continuation as long as HYPE remains above its short-term moving averages and volume stays elevated around breakout zones. The post Can Bitwise’s new ETF push HYPE price beyond $50? appeared first on Invezz

Invezz 2026-05-15 18:55
Multicoin dumps 150K AAVE: Will mounting losses trigger another breakdown?
AAVE faced renewed pressure after Multicoin transferred massive holdings while traders reduced exposure.

AMB Crypto 2026-05-15 18:00
Will the new network feature spark Canton’s rally to $0.2?
The cryptocurrency market has reversed the positive start it had on Friday, with Bitcoin and other leading cryptocurrencies currently in the red. Bitcoin, the leading crypto by market cap, is now trading at $79,000, declining by 1.67% over the last 24 hours. Meanwhile, CC, the native coin of the Canton Network, is down 6.9% in the last 24 hours. The coin is up 8.5% so far this week, outperforming the broader cryptocurrency market during that period. Canton (CC) has dropped to the $0.15 level on Friday, building on risk-on sentiment after the network announced a software update that enables atomic composability. Canton enables atomic composability CC is up by 8.5% in the last seven days and could reverse its recent weakness and rally higher in the near term thanks to positive developments within the Canton ecosystem. Canton announced on Thursday that the network has achieved atomic composability following a software upgrade released by Zeneth, an Ethereum Virtual Machine (EVM). The team revealed that Zeneth built the execution by connecting the Ethereum developer tooling to Canton’s privacy and compliance architecture. Furthermore, the software upgrade enables atomic composability across both networks, Canton and Zeneth. According to Canton, Atomic composability is a core principle in Decentralized Finance (DeFi), facilitating efficient, multi-step operations within one transaction. This feature allows developers to combine multiple distinct actions or smart contract iterations into a single, indivisible transaction. In addition to the network upgrade, retail demand for Canton continues to improve, suggesting confidence in the ecosystem. The CoinGlass futures Open Interest-Weighted Funding Rate reads 0.0065% on Friday, suggesting bullish sentiment as traders increasingly favored long positions. This metric has largely remained in the positive region since mid-April. Canton price analysis: CC bulls tighten grip The CC/USD 4-hour chart is bullish as Canton is one of the best performers so far this week. CC hit the $0.1700 level on Thursday but has slightly retraced and now trades at $0.15. It is currently trading above major Exponential Moving Averages (EMAs), the 50-day EMA at $0.1501 and the 100-day EMA at $0.1456. Momentum remains constructive, reinforced by a positive Moving Average Convergence Divergence (MACD) histogram on the daily chart. The Relative Strength Index (RSI) of 57 shows that buyers are still in control, with the metric not yet in the overbought region. If the rally persists, CC could reclaim the $0.1700 psychological level. A daily close above $0.1700 would support the rally, aiming for a break above the next key resistance at $0.2000. However, if the correction continues, Canton could record further losses in the near term. A decisive close below this level could expose the 50-day EMA at $0.1501 and the 100-day EMA at $0.1456 as the next tentative support levels. The coin is currently undergoing a correction, but could bounce back soon as the broader crypto market flips bullish. The post Will the new network feature spark Canton’s rally to $0.2? appeared first on Invezz

Invezz 2026-05-15 17:56
ICP eyes $2.80 support as fears of an extended bearish cycle remain
ICP's rejection from just above the $4 level lined up with the higher timeframe bearish swing structure.

AMB Crypto 2026-05-15 17:00
Conflux is up 11% in a day, but can CFX bulls keep the price above $0.07?
How a spike in Conflux's network activity and technical breakout drove CFX's price.

AMB Crypto 2026-05-15 16:00
XRP Leads Massive Crypto Rally As Traders Bet Big On US Regulatory Shift
XRP became the most traded asset on South Korea’s Upbit exchange in the last seven days, pulling in $110 million in 24-hour volume and outpacing both top cryptos Bitcoin and Ethereum. The surge came alongside the biggest inflows into US XRP exchange-traded funds in four months, even as Bitcoin and Ethereum funds saw money flowing out. Related Reading: XRP Bulls Gain Momentum As ETF Inflows Reach Multi-Month High CME And NASDAQ Signal Growing Institutional Interest CME Group and NASDAQ announced they will launch crypto index futures on June 8, covering Bitcoin, Ethereum, Solana, XRP, Cardano, Chainlink, and Stellar Lumens in a single contract. The move points to growing institutional infrastructure being built around regulated digital assets. XRP itself climbed 4% in 24 hours to almost $1.5, while Bitcoin traded at $81,450 and Ethereum sat at $2,287. The price action followed Thursday’s markup vote on the CLARITY Act, a proposed federal law that is driving fresh optimism across payment-focused cryptocurrencies. XRP was not alone. Stellar Lumens, Cardano, and Hedera all posted gains that outran Bitcoin on the day. Reports indicate these tokens share a common thread — all are built around payments, settlement, and tokenization. What The CLARITY Act Would Do The bill, if passed, would lock in a federal court ruling that XRP sales on secondary markets do not qualify as securities. That ruling had long been in legal limbo. Making it permanent federal law would remove a regulatory cloud that has followed XRP for years. The legislation also contains a provision — Section 401 — that would allow US banks to use digital assets for payments, custody, and settlement without needing prior regulatory approval. For Ripple, which operates the XRP network and issues the RLUSD dollar-backed stablecoin, that opens a direct path into the American banking system. A Broader Reset For Payment Chains Stellar Lumens, Cardano, and Hedera are catching the same wave. Based on reports, traders are treating all four as part of a single category — networks built for institutional payments — and pricing them accordingly. When the regulatory picture shifts for one, it shifts for all. Related Reading: Bitcoin Faces Major Test As 37% Recovery Collides With Bear Resistance Market Pricing In A New Era Data shows capital rotating into assets seen as ready for a regulated environment where banks can plug digital infrastructure directly into existing payment systems. The CLARITY Act has not passed yet, but the markup vote was enough to move markets. Traders are not waiting for the final vote to make their bets. Featured image from Pexels, chart from TradingView

NewsBTC 2026-05-15 16:00
How USDC expansion via Coinbase can reshape Hyperliquid’s supply dynamics
The Coinbase partnership raises questions on USDC's dominance and HYPE's supply dynamics.

AMB Crypto 2026-05-15 15:00
Solana news: Anatoly Yakovenko Says Alpenglow Launch Proves Solana’s Design Is Working
Solana co-founder Anatoly Yakovenko is pointing to the Alpenglow consensus upgrade news, now live on a community test cluster and targeting mainnet as soon as Q2 2026, as direct evidence that the network’s core architecture is functioning as intended. The upgrade, the largest consensus overhaul in Solana’s history, replaces Proof of History and TowerBFT with two new components, Votor and Rotor, and is designed to cut transaction finality from roughly 12.8 seconds to around 150 milliseconds. Its more consequential claim is structural: Alpenglow changes the MEV calculus by making delay-based transaction ordering significantly more expensive for validators. Photo: Anatoly Yakovenko The upgrade cleared Solana’s validator set in September 2025 with more than 98% support. Whether it clears the harder test, a live mainnet environment with active searchers and real capital at stake, is the open question that matters for the ecosystem. Discover: The best pre-launch token sales Alpenglow’s MEV Penalty Mechanics: How the Upgrade Works, and Why Validator Economics Are Shifting The mechanism here is worth understanding precisely. Under Solana’s current architecture, validators acting as slot leaders can delay block production within timing windows to sell better transaction ordering to searchers, a form of dark MEV that extracts value from users without appearing in any transparent auction. Alpenglow closes that window structurally. Leaders that miss timeout thresholds not only forfeit immediate rewards but also reduce their probability of being elected leader in subsequent epochs. Alpenglow is going to have a subtle but important impact to mev. Delaying a slot past the timeout will cause the leader to lose all the subsequent slots. So the cost of delay games is highest in the first slot and lowest in the last. — toly (@toly) May 12, 2026 Yakovenko has described this penalty asymmetry in specific terms, noting that early-slot delays are penalized more severely than late ones, making manipulation of the first transactions in a sequence, where the most valuable MEV opportunities are concentrated, particularly costly. The effect is not to eliminate MEV but to redirect validator incentives away from opaque timing games and toward transparent order-flow auctions that generate observable validator yield. Alpenglow effectively taxes dark MEV at the protocol level rather than attempting to suppress MEV altogether. Ethereum took a different route, building an extensive infrastructure stack of relays, builders, and a proposer-builder separation tooling to manage MEV externally. Solana is embedding the incentive structure into the base consensus layer. Those are not the same approach, and the tradeoffs are not yet fully priced by the market. Yakovenko’s Claims and What the Protocol Architecture Actually Supports Yakovenko has framed Alpenglow as proof that Solana’s speed-first design philosophy is compatible with sophisticated MEV management, that the network does not need Ethereum-style middleware because it can encode the right incentives at the consensus layer. He has argued, in conference appearances, that Alpenglow pushes Solana toward what he describes as speed-of-light confirmation constraints, where the remaining latency after propagation overhead is minimized is dominated purely by geographic distance across validator nodes. Alpenglow Community Cluster restart in progress – bigger this time (86 validators, up from 49) and on a patched build with fixes from the previous run. Watch it come back to life: https://t.co/wSD3tfderR pic.twitter.com/3cK0wtv1U9 — Valid Blocks IBRL/acc (@ValidBlocks) May 15, 2026 The 150-millisecond finality target, if realized at mainnet scale, would represent a qualitative shift for Solana’s position in high-frequency DeFi and payments infrastructure . The Rotor component’s block propagation improvements and Votor’s streamlined finalization are the architectural levers. The claim that the design is working rests on those two components performing under mainnet load, a condition the community test cluster has not yet replicated. The language is disciplined. The timing, with Alpenglow moving from test cluster toward mainnet while Solana’s DeFi ecosystem is expanding, is not coincidental. The provisional conclusion: Yakovenko’s architectural argument is coherent, but the evidence base is still test-net data. What Mainnet Activation News Actually Signals for Solana Ecosystem If Alpenglow reaches mainnet in Q2 2026 without disrupting network reliability, the validator yield narrative acquires hard on-chain data to support it, and Solana’s pitch as high-speed Layer 1 infrastructure for DeFi sharpens considerably. JUST IN: @Solana co-founder @toly reveals that Alpenglow release as early as next quarter He dives deep into the upgrade on the @Anchorage Digital Mainstage at @consensus2026 pic.twitter.com/EtvuXM8Qlt — CoinDesk (@CoinDesk) May 5, 2026 Anza and ecosystem partners have signaled follow-on work to tune penalty parameters and adjust staking and inflation targets once real-world MEV and latency data are collected under the new regime. If adoption stalls or delay-based MEV strategies migrate to alternative venues that Alpenglow’s penalty mechanics do not reach, the upgrade becomes a consensus improvement with limited impact on the MEV environment it was designed to reshape. Researchers at KuCoin and Oak Research have both flagged that shifting MEV incentives on a live, high-throughput network is an uncharted experiment, and that searchers adapt faster than protocol timelines. The design may be working. The proof requires the mainnet. Discover: The best crypto to diversify your portfolio with The post Solana news: Anatoly Yakovenko Says Alpenglow Launch Proves Solana’s Design Is Working appeared first on Cryptonews .

cryptonews 2026-05-15 14:50
THORChain exploit hits Bitcoin, Ethereum, and BSC – Hackers steal over $10 mln
How THORChain lost over $10 million through a protocol exploit.

AMB Crypto 2026-05-15 14:30
BNB eyes breakout as bulls target $720 despite mixed signals
The cryptocurrency market is having a relief pump following its poor start to the week. Bitcoin has reclaimed the $80,000 psychological level once again, while Ethereum is now approaching $2,300. BNB, the native coin of the Binance ecosystem, is up by 2.5% in the last 24 hours, making it the second-best performer in the top 10, behind Hyperliquid’s HYPE token. BNB is nearing the upper boundary of its horizontal channel at $687 on Friday. A breakout above this level would signal a potential bullish move. On-chain metrics support this positive outlook, though mixed derivatives sentiment may cap short-term upside momentum. On-chain data supports a bullish bias CryptoQuant summary data shows a bullish bias. BNB’s spot and futures markets show large whale orders, cooling conditions, and buy-side dominance with mostly neutral conditions across other metrics, suggesting a potential upside move. Furthermore, the derivatives data also present a mixed outlook for BNB. According to CoinGlass , BNB’s long-to-short ratio reads 0.89 on Friday. This ratio, being below one, reflects bearish sentiment in the market, as more traders are betting on the asset’s price to fall. In addition to that, the funding rate supports a bullish sentiment. BNB’s OI-Weighted Funding Rate data flipped positive on April 30 and has been positive since then. The metric currently reads 0.006%, indicating that longs are paying shorts and projecting a bullish sentiment. This combination indicates investor indecision, limiting the likelihood of a sustained breakout. BNB Price Forecast: BNB could rally higher The BNB/USD 4-hour chart is currently bullish as BNB is outperforming the broader cryptocurrency market. At press time, BNB is trading at $687, maintaining a constructive bullish bias as it sits above the 50-day and 100-day Exponential Moving Averages (EMAs) at roughly $640.72 and $667.16. If the bullish trend persists, BNB could rally towards the 200-day EMA near $720.87 in the near term. The momentum indicators also support a further upward rally. The Relative Strength Index (RSI) on the 4-hour chart is near 65, and the Moving Average Convergence Divergence (MACD) line is holding in positive territory, suggesting that buyers retain control but are nearing overbought conditions. If the rally continues, the bulls would encounter the initial resistance at the 38.2% Fibonacci retracement of the broader downswing near $718.90. An extended bullish scenario would see BNB surge towards the 200-day EMA at about $720.87, with further resistance levels toward $764.84 and then $810.78. However, if the bears regain control, the 100-day EMA provides immediate support at $667.16. Failure to defend this support level would see the bears push BNB’s price lower towards the 50-day EMA, further down near $640.72. A daily candle close below this level would expose the channel floor and cycle base in the $570.75–$570.16 area. The post BNB eyes breakout as bulls target $720 despite mixed signals appeared first on Invezz

Invezz 2026-05-15 14:12
Strategy’s Main Bitcoin Acquisition Vehicle Sees Massive $1.5B Trading Explosion
Strategy now holds 818,869 Bitcoin, worth roughly $66 billion at current prices — a position that has become the largest corporate Bitcoin reserve anywhere in the world. That stockpile keeps growing, and the instrument fueling much of the buying just broke a record. Related Reading: Bitcoin Faces Major Test As 37% Recovery Collides With Bear Resistance A New Kind Of Funding Tool STRC, the company’s Variable Rate Series A Perpetual Stretch Preferred Stock, recorded $1.53 billion in trading volume on Thursday — the highest single-day figure it has ever posted. Chairman Michael Saylor announced the milestone on social media, calling it an all-time high in liquidity. The preferred stock, known informally as Stretch, has become Strategy’s go-to method for raising money to buy Bitcoin in 2026, stepping in as other funding channels have grown harder to access. Senior convertible notes and at-the-market equity offerings have both tightened over the past year, pushing the company toward preferred stock as its primary capital source. All-time high volume. $1.53B of liquidity. Two cents of volatility. Closed at par. $STRC pic.twitter.com/aS0dSlkm7d — Michael Saylor (@saylor) May 14, 2026 Stretch works by paying investors an 11.5% dividend without touching the company’s common shares. That structure keeps existing shareholders from being diluted while still bringing in fresh capital. Based on data from the STRC.live tracker, Thursday’s trading performance could allow Strategy to raise an estimated $735 million — enough, in theory, to acquire around 9,066 Bitcoin. Whether the company will move forward with a purchase based on those funds remains unclear. The Broader Bitcoin Buying Spree Strategy’s pace of acquisition has picked up sharply. The company has bought 56,770 Bitcoin since April and more than 101,000 since March, bouncing back after a slow February. Bitcoin’s own price movement has helped the math: the recent rally to around $81,000 pushed above Strategy’s average purchase price of $75,543, putting its holdings up 7%. During a first-quarter earnings call on May 5, Saylor said he wants Stretch to become the largest credit instrument in the world. Reports indicate the company posted a $1.25 billion net loss in Q1 as Bitcoin fell during that period, though the situation has since shifted with the price recovery. Strategy is not alone in using this type of structure. Strive announced Thursday that holders of its own preferred stock, SATA, would begin receiving daily dividends starting June 16 — a faster payout schedule than the monthly distributions Stretch offers. Tokyo-based Metaplanet has also raised funds through preferred stock instruments called MARS and MERCURY to buy Bitcoin. Related Reading: XRP Holders Put On Alert As David Schwartz Flags Dangerous New Scam A Crowded Field With One Giant Nearly 200 public companies now hold Bitcoin on their balance sheets. Strategy remains far ahead of all of them. Its 818,869-coin position dwarfs every other corporate holder, and the company shows no signs of slowing the accumulation. Preferred stock, for now, is the engine making that possible. Featured image from Free3D, chart from TradingView

NewsBTC 2026-05-15 14:00
Hyperliquid: Bitwise joins 21Shares in race for Spot HYPE ETF dominance
The Coinbase deal could inject over $160 million annually for HYPE buybacks and other token accrual programs.

AMB Crypto 2026-05-15 13:00

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