While the majors chop sideways, the most interesting $HYPE story isn't the price — it's the paperwork.
Hyperliquid Strategies, the Nasdaq-listed treasury firm, just filed to become a CFTC-registered futures broker for US clients on HIP-3 markets — following Kraken parent Payward's template as the first CFTC-regulated HIP-3 deployer. The race for regulated US perps is quietly getting real, even if approvals are still pending.
$HYPE is drifting near $78, down about 0.8% on roughly $711M in volume, well off the ~$91 spike after the ICE news — and a ~9.9M token unlock was scheduled for Nov 6, so fresh supply is part of the story. $BTC is flat near $75,938.
I'm watching $75 — hold it and the regulatory story keeps buyers interested; lose it and the unlock overhang takes over. Are regulated perps the next real catalyst, or just paperwork?
#Hyperliquid #CryptoMarket #BinanceSquare
Hyperliquid Strategies, the Nasdaq-listed treasury firm, just filed to become a CFTC-registered futures broker for US clients on HIP-3 markets — following Kraken parent Payward's template as the first CFTC-regulated HIP-3 deployer. The race for regulated US perps is quietly getting real, even if approvals are still pending.
$HYPE is drifting near $78, down about 0.8% on roughly $711M in volume, well off the ~$91 spike after the ICE news — and a ~9.9M token unlock was scheduled for Nov 6, so fresh supply is part of the story. $BTC is flat near $75,938.
I'm watching $75 — hold it and the regulatory story keeps buyers interested; lose it and the unlock overhang takes over. Are regulated perps the next real catalyst, or just paperwork?
#Hyperliquid #CryptoMarket #BinanceSquare