Key Takeaways THYP launched with spot HYPE exposure, staking rewards, and $1.8 million in trading volume. Investors face staking risks, market-price trading, and no direct individual share redemption. TXXH’s daily leverage reset may amplify losses over time. Hyperliquid ETF Debut Puts THYP in Focus Asset management firm 21shares announced on May 12 the launch of the 21shares Hyperliquid ETF (Nasdaq: THYP), offering U.S. investors spot exposure to HYPE and integrated staking rewards. The issuer also introduced the 21shares 2x Long HYPE ETF (Nasdaq: TXXH) on the same day as a…
Author: boss
First Hyperliquid ETF Launch: Day One Volume Hits $1.8M–Key Details
The first Hyperliquid ETF officially began trading on Tuesday, and early signs suggest it cleared a key hurdle for a new product: a strong first day relative to typical exchange-traded product launches. The fund was approved by the US Securities and Exchange Commission (SEC) and was created by crypto asset manager 21Shares, with the ETF now trading under the ticker $THYP on the Nasdaq. Hyperliquid ETF Launch Recap Bloomberg analyst James Seyffart weighed in on the debut Hyperliquid ETF debut, offering what amounted to a clear-but-cautious read on the numbers.…
Bitcoin Cycle Indicator Turns Green For First Time In Years: Early Bull Or Local Top?
CryptoQuant’s Bitcoin Bull-Bear Cycle Indicator is flashing a green signal for the first time since March 2023. Here’s what it could mean for the asset. Bitcoin Now In “Early Bull” Phase On CryptoQuant’s Market Cycle Indicator As highlighted by an analyst in a CryptoQuant Quicktake post, the CryptoQuant Bitcoin Bull-Bear Market Cycle Indicator has signaled a shift for the cryptocurrency recently. This indicator tells us, as its name suggests, about the phase of the cycle that BTC is potentially inside right now. The metric is based on CryptoQuant’s P&L Index,…
Ray Dalio says Bitcoin blocks central banks
Ray Dalio said Bitcoin lacks privacy and its transparency is why central banks will not hold it. Summary Bridgewater founder Ray Dalio posted on X that Bitcoin lacks privacy and its transactions can be monitored and potentially controlled by governments. Dalio said gold remains superior because it is more widely held, deeply established, and still plays a central role in the global financial system. Michael Saylor pushed back directly, calling Bitcoin’s transparency a feature rather than a flaw that makes it usable as global digital collateral. Bridgewater Associates founder Ray…
US Banks Prepare for Tokenization Tipping Point, Moody’s Ratings Finds – Bitcoin News
Key Takeaways Moody’s reports that U.S. banks see a “slow then fast” shift to tokenized assets and digital money as inevitable. DTCC plans to launch limited production trades of tokenized securities in July 2026 to modernize U.S. markets. Tokenized MMFs reached $10 billion in 2026, signaling a growing institutional demand for onchain liquidity. Digital Money Evolution: U.S. Financial Institutions Eye 24/7 Tokenized Markets Currently, activity is concentrated in stablecoins, tokenized deposits, and money market funds (MMFs). Most of this volume stems from cryptocurrency trading and specific institutional use cases. Moody’s…
Marathon Posts $1.3B Loss as Bitcoin’s 18% Slide Cuts Q1 Revenue by $35M
Key Takeaways Marathon Holdings posted a $1.3 billion net loss in Q1 2026 due to an 18% drop in average bitcoin prices. The 33% surge in hashrate to 72.2 EH/s reflects intense mining competition and rising overhead costs. Marathon sold $1.5 billion in bitcoin to fund a strategic pivot into AI and retire 30% of its debt. Surge in Operating Costs Digital infrastructure company Marathon Holdings attributed a decline in revenue in the first quarter of 2026 to a decrease in the U.S. dollar value of bitcoin during the period.…
Bitcoin Climbs Steadily Higher With No Major Signs Of Distribution
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for…
Bitcoin eyes $90,000 as inflation priced in and CLARITY Act looms
21Shares’ Matt Mena says Bitcoin’s refusal to dump on hot CPI shows inflation is priced in, leaving the CLARITY Act vote as the next major catalyst for a push toward $90K. Summary 21Shares analyst Matt Mena says Bitcoin’s failure to sell off on hot inflation data signals the market has already priced in macroeconomic headwinds, with BTC holding above the key $80,000 support level. Mena sees a path from the current $82,000 resistance retest toward $85,000 as macro friction clears, with the Senate CLARITY Act vote identified as the next…
Senate Confirms Kevin Warsh as Fed Governor, with Chair Vote Expected
The US Senate has approved Kevin Warsh as the newest governor of the Federal Reserve, with a vote on his confirmation as chair of the central bank expected this week. In a 51 to 45 vote in the US Senate on Tuesday, lawmakers sided on party lines, with the exception of Democratic Senator John Fetterman, to approve President Donald Trump’s nominee. The chamber immediately followed by approving a motion to invoke cloture on a vote for Warsh as the next Fed chair, setting up a potential vote soon. Source: US…
Will BTC Hit Six Figures? Analyzing Prediction Market Odds on Kalshi, Polymarket, Limitless, and More – Bitcoin News
Key Takeaways Polymarket traders assign a slim 11% chance that bitcoin hits $150,000 by December 31, 2026. Kalshi data shows a 47% probability of bitcoin surpassing the $100,000 milestone during 2026. Total volume across major prediction markets for BTC price targets has exceeded $80 million in 2026. As of May 12, 2026, the prediction platform Polymarket has recorded a staggering $18,360,481 in total trading volume for its primary $150,000 target market. Despite the heavy financial commitment from participants, the collective sentiment remains grounded in reality rather than moonshot euphoria. Data…