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Short positions worth $1.02B were liquidated in 24 hours

According to the all-knowing crypto.news, HYPER has rallied to an all-time high of $0.66, a 100% gain in the past 24 hours, and a cumulative increase of over 450% over the last two trading sessions 🤯. The rally unfolded in a trading environment as frenzied as a Dostoevsky novel, with daily turnover exceeding $4.1 billion, an increase of more than 3,000% from prior averages 📈.

With a 1:1 peg to the US dollar, that’s a cool 500 million RLUSD floating around. And although it’s still a wee bit behind the big boys like USDT and USDC, this kind of growth is no joke. It’s like a snowball rolling down a hill, gaining speed and size as it goes! ❄️

At the heart of this glorious comeback are some truly daring bets on Bitcoin’s central role in the next phase of crypto. Strive Funds, the brainchild of the ever-so-charismatic entrepreneur-turned-political figure Vivek Ramaswamy, managed to pull in a staggering $750 million to chase high-yield Bitcoin strategies. Not to be outdone, the newcomer Twenty One Capital made a splash with a $585 million launch, aimed solely at beefing up their BTC reserves. Formed through a merger with Cantor Equity Partners and backed by crypto titans like Tether and SoftBank, this firm is positioning itself as a Bitcoin-native juggernaut. 🦾🔥

Market data shows these whales are already dipping their toes into pre-market perpetual contracts, especially on platforms like Hyperliquid and Binance. They’re clearly expecting a bit of volatility when the token’s initial coin offering (ICO) kicks off on July 12. One can only imagine the anticipation—will it be fireworks, or just a loud pop and a fizzle? 🧐

As I delved deeper into the world of cryptocurrency, I began to feel like a character in a farce, trapped in a never-ending cycle of ups and downs. Bitcoin price started a fresh increase after it cleared the $110,500 resistance zone, a feat that seems as impressive as a circus act.

President Trump picked Gould for the job months ago, and his confirmation could open new opportunities. However, his role might further centralize authority over crypto, a move which could backfire. 🤔😒

Hyperliquid, that enigmatic token, is now but a mere 12% away from its all-time high of $45.80. After weeks of what can only be described as a chaotic waltz, the daily chart reveals a slow but steady tilt in favor of the bulls. The most recent close at 40.90 in the last 24 hours is a testament to this. Should the price manage to break through this upper cluster, the path to retesting its all-time highs could be swift and decisive. 🚀

Donald J. Trump Truth Social 07.10.25 10:28 AM EST

This review, which began in April (because why not keep the suspense going for a few months?), is part of the EU’s grand scheme to ensure every member state plays nice when it comes to implementing the MiCA regulations. ESMA’s verdict? Malta’s oversight, like a half-baked soufflé, was lacking key ingredients—most notably, a good dose of pre-licensing attention. They basically said, “Let’s solve the problems *before* granting licenses, not afterwards when the damage is done.” Genius, right? 🙄