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Hyperliquid Achieves $10.1 Billion Open Interest High as HYPE Token Surges


Hyperliquid has announced that it has achieved a new all-time high in open interest, reaching $10.1 billion. The decentralized exchange (DEX) also reported 24-hour fees of $5.6 million and a total value locked (TVL) in USDC of $3.5 billion. This DEX trading milestone reflects the growing activity...

Bitcoin open interest hits record high as BTC slips below $111K


Bitcoin futures open interest (OI) has hit record levels on crypto derivatives exchanges as traders anticipate the cryptocurrency will continue and reach new all-time highs. Bitcoin (BTC) futures open interest reached a peak of just over $80 billion on May 23, according to CoinGlass....

Bitcoin open interest hits record high as BTC slips below $111K


Bitcoin futures open interest (OI) has hit record levels on crypto derivatives exchanges as traders anticipate the cryptocurrency will continue and reach new all-time highs. Bitcoin (BTC) futures open interest reached a peak of just over $80 billion on May 23, according to CoinGlass....

XRP futures OI rises 25% as price chart ‘bull flag’ targets $14


Key takeaways:XRP price has gained 4% over the last 24 hours to $2.43, and its open interest has risen by 25%.Positive spot market activity flips the futures funding rate positive, suggesting a return of investor optimism.XRP could rally to $14 if a classic bull flag pattern is confirmed.XRP...

Hong Kong passes stablecoin bill, set to open licensing by year-end


Hong Kong’s Legislative Council has passed the Stablecoin Bill, paving the way for a regulated framework that could position the region as a global leader in digital assets and Web3 development. In a May 21 post on X, Legislative Council member Johnny Ng Kit-Chong said the bill passed...

Hyperliquid Hits $5.6B Open Interest High Amid Hyperbridge Debut


Layerzero has launched Hyperbridge, a new interoperability solution connecting external blockchain assets to Hyperliquid’s decentralized trading ecosystem, which recently saw its open interest hit a record $5.6 billion. Cross-Chain Trading Boosted as Layerzero Rolls Out Hyperbridge for Hyperliquid...

Microsoft and OpenAI renegotiate investment deal: Report


Tech company Microsoft and artificial intelligence firm OpenAI are reportedly in talks to renegotiate the investment deal between the AI firm and Microsoft, which is OpenAI's biggest financial backer.According to a report from the Financial Times, Microsoft may give up a portion of its equity...

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