Decentralized crypto exchange Hyperliquid is offering pre-IPO trading for SpaceX. The exchange is offering a synthetic derivative contract that tracks SpaceX’s suggested share price. Moreover, there is no brokerage account or investor accreditation required. According to reports, SpaceX is aiming for a $1.8 trillion valuation after its initial public offering on June 12, 2026. Let’s discuss if the pre-IPO offering will lead to any price changes for the exchange’s native token, HYPE.Will Hyperliquid Rally After SpaceX Pre-IPO Offering?Source: CoinCodexHyperliquid (HYPE) seems to be defying the market trend. While most other assets have faced price corrections, HYPE has been on a…
Author: cryphedge
Investors could have earned nearly $99.1 million if they had taken a single-day entry position in Shiba Inu with a $1,000 investment and held it until today. Yes, it sounds unrealistic, but it’s true, and that’s the unbelievable power of the meme currency market. Despite SHIB being down close to 93% from its all-time high of $0.00008616, traders could have still seen a profit of $99.1 million.So here’s how it goes. On this particular day of November 28, 2020, Shiba Inu had fallen to its all-time low of $0.00000000005637 (10 zeroes), according to SHIB data from CoinGecko. It fully bottomed…
One repo update, one sentence in a roadmap, and a whole developer base starts weighing painful choices: rewrite, migrate, or sunset. That’s the mood when an appchain signals it could go EVM-only. Sei, a Cosmos-born chain that marketed itself around speed and trading, has floated an EVM-first future with ambitions of parallelizing Ethereum smart contracts. The loud question is whether this means cutting Cosmos smart contract support—and if so, what that would unlock or break. For teams shipping today, the implications are immediate: contracts to port, wallets to reconfigure, liquidity to shepherd, and a community to reassure. The Big Picture…
Make CryptoSlate preferred on Given how far the crypto market has come in terms of regulation, the next big fight won’t be about Bitcoin, stablecoins, or even memecoins.It’s going to be about whether a crypto exchange can list tokenized stocks that track Tesla, Apple, or Nvidia without those companies ever agreeing to it, and whether the retail investors buying those tokens understand that they’re not shareholders in any meaningful legal sense.Bloomberg Law reported on May 18 that the SEC is preparing an “innovation exemption” for tokenized stocks that could let crypto-native platforms offer digital versions of publicly traded securities under…
Make CryptoSlate preferred on Ethereum’s market sentiment has deteriorated significantly as the blockchain network’s native ETH token moves through a medium-term bear phase.Data from blockchain analytics platform Santiment shows that while ETH-related discussions increased in frequency throughout May, the tone of that commentary has shifted toward frustration, disappointment, and concern about deeper downside potential.Ethereum Market Sentiment (Source: Santiment)Analysts at the firm noted that this shift in sentiment reflects a combination of market pressures building simultaneously, including weak spot price action, persistent exchange-traded fund (ETF) outflows, high-profile departures from the Ethereum Foundation, public criticism from longtime ecosystem supporters, and stronger price…
Charles Hoskinson has stepped forward publicly after what he described as a difficult governance process inside the Cardano ecosystem, committing to personal financial involvement and a return to the main stage at two of crypto’s biggest events.The post landed after a period of visible tension inside the Cardano community over governance votes and institutional coordination. Hoskinson did not name the specific dispute but his language was pointed.“This process has shown me something important. Cardano’s governance is real. You are not passive holders. You are owners.”The Commitments He MadeHoskinson announced he will attend the Cardano Summit in Singapore and appear on…
When President Trump potentially signs the CLARITY Act, four tokens that have spent a decade under SEC scrutiny could get a permanent legal shield that no future administration can remove without an act of Congress. Those tokens are XRP, ADA, HBAR, XLM, according to an expert.“The difference between guidance and federal law is the difference between a memo and a contract,” as one analyst framing the situation put it. The CLARITY Act writes the commodity classification permanently into federal statute and moves jurisdiction over these four networks from the SEC to the CFTC, the same agency that regulates oil, gold,…
The crypto market displays a steady outlook based on the latest 24-hour data. Hence, the total crypto market capitalization has surged by 0.07%, reaching the $2.57T mark. However, the 24-hour crypto volume has dropped by 24.67%, hitting $70.56B. At the same time, the Crypto Fear & Greed Index now stands at 40 points, highlighting “Neutral” sentiment among the investors. Bitcoin ($BTC) Surges by 1.61% and Ethereum ($ETH) Sees 2.55% Rise Particularly, the flagship cryptocurrency, Bitcoin ($BTC), is now changing hands at $76,620.57. This price level signifies a 1.61% increase, while the market dominance of Bitcoin ($BTC) accounts for 60.2%. In…
The FIFA World Cup 2026 will be the biggest tournament in football history. For the first time, the competition expands to 48 national teams and 104 matches across the United States, Canada, and Mexico. That larger format creates far more betting opportunities than previous editions of the tournament, especially for live betting, group-stage markets, and long-term futures. At the same time, crypto betting has become mainstream. More sportsbooks now support USDT alongside Bitcoin and fiat payments, and stablecoins are increasingly preferred by football bettors because they combine blockchain speed with price stability. During a month-long tournament where users constantly move…
Make CryptoSlate preferred on BitMine bought an additional 60,000 ETH worth about $126 million as Ethereum traded near $2,000, extending one of the largest corporate accumulation strategies tied to the second-largest digital asset.The purchase came just as the firm was named to the preliminary list for the Russell 1000 Index, positioning the crypto holder to capture a slice of the $12.2 trillion in assets benchmarked against Russell US Indexes.Why BitMine is adding to its Ethereum holdings during current selloffOn May 23, blockchain analyst EmberCN reported BitMine’s latest ETH purchase was executed through BitGo and Kraken.BitMine Latest ETH Purchase (Source: EmberCN/X)The…
