The controversial social media figure and influencer Andrew Tate experienced substantial financial losses amounting to approximately $86,000 through high-leverage Bitcoin trading operations during a 16-hour stretch spanning June 17–18, 2026. Blockchain analytics platform Lookonchain documented these losses as they unfolded.
Retail traders have kept HYPE afloat, and now whales are finding it attractive again.
The UK sanctioned Huobi Global SA (HTX) on May 26, 2026, due to suspicions of funneling over $1.5 billion to Russia via the A7 network. The Hyperliquid platform, registered in Singapore, applies absolute blocks on wallets with indirect or secondary interactions with HTX, without offering clear appeal mechanisms.
Hyperliquid's evolution into a 24/7 blockchain financial system could disrupt traditional exchanges, but faces regulatory and market concentration risks. Hyperliquid aims to evolve beyond exchange, says Hyperion CEO.
Hyperion CEO argued investors are still underestimating the decentralized exchange's transformation into a broader blockchain ecosystem.
The cryptocurrency market moved lower after the U.S. Federal Reserve signaled that interest rates could remain higher for longer, dampening investor sentiment across digital assets. Bitcoin (BTC), the worlds largest cryptocurrency by market capitalization, traded near $63,900, marking a decline of more than 1% over the past 24 hours.
Options on Bitwise's HYPE ETF give Wall Street a regulated venue to price risk on a 24/7, perpetual futures exchange that trades only during US market hours. BHYP began trading on the NYSE on May 15, holding spot HYPE with in-house staking built into the fund.
Hyperliquid is moving to challenge the prediction-market duopoly with a new product design that could reshape how traders hedge event risk on-chain—and potentially open a fresh growth path for its token, Hyperliquid (HYPE). In a recent report, Alea Research said Hyperliquid's latest proposal, ‘HIP-4,' brings binary ‘outcome contracts' (yes/no markets) directly onto its native Layer-1 central limit order book (CLOB), while sharing ‘cross-margin' with the platform's flagship perpetual futures.
Even though the majority of cryptocurrencies are having difficulty regaining momentum following recent corrections, Hyperliquid remains one of the market's strongest assets.
A wallet tied to former Bitforex chief Garrett Jin has sold its entire 184,102 HYPE stake, worth about $13.55 million, for a $2.83 million profit, then rotated into a long position on Uniswap's UNI.
Will HYPE eye $80 amid renewed spot ETF inflows?
HYPE futures open interest reached $3 billion after rising 32% in one week, while the token hit a $76.90 all-time high. Funding rates stayed below the neutral 6% threshold, suggesting the rally has not been driven purely by overheated bullish leverage. Hyperliquid's TradFi perpetuals exceeded $2.9 billion in open interest, but HYPE's $71.