Hyperliquid (HYPE) printed a record high near $77 on June 16. HYPE hits an ATH, with the price climbing nearly 10% in a single day as spot exchange-traded fund (ETF) inflows accelerated.

The token now trades around $74.61, up roughly 67% over the past year. Its market capitalization sits near $16.57 billion, making it the tenth-largest cryptocurrency.

Institutional Money Rotates Into HYPE

The move arrives as institutional capital tilts toward HYPE. On June 15, spot Bitcoin funds bled while Hyperliquid products gained, part of a broader rotation across crypto ETFs.

Spot HYPE ETFs have drawn about $153 million in net inflows and nearly $900 million in volume since launch. Three products hold the token directly, namely 21Shares’ THYP, Bitwise’s BHYP, and Grayscale’s HYPG.

Efe “Crypto Kid” Kelemci, a member of the BeInCrypto Market Intelligence Experts Council, shared his exclusive comment. He ties that demand to the protocol’s economics.

“Hyperliquid’s revenue-generating business model stands out as especially attractive to institutions because its roughly $850 million in 2025 revenue saw 99% directed to buying and burning $HYPE tokens … pointing to even higher institutional inflows ahead.”

That utility helps explain the pull. Hyperliquid’s perpetual futures markets enable traders to access assets such as equities and pre-IPO names. That includes the SpaceX contract, which drew heavy volume before its public debut.

The flow timing reinforces the story. After a brief net outflow around June 5, ETF demand snapped back hard. One of the largest single-day inflows landed on June 15 as the price recovered.

Leverage Cuts Both Ways as Liquidations Spike

Strong inflows tell only half the story. Leverage on Hyperliquid has run hot since mid-May, and the data flags two-sided risk.

Long liquidations spiked in early June when prices pulled back from local highs. More recently, short liquidations have climbed as the token grinds higher, suggesting a squeeze is helping power the breakout.

The leverage backdrop also shaped a notable exit. Arthur Hayes sold his entire HYPE position above $72 in early June, then denied a reported buyback days later.

His departure offered a bearish counterweight to the bullish flows. Yet HYPE pushed to a record without him, a point traders have seized on.

What’s the Next Price Target for HYPE?

The daily chart frames the upside. HYPE reclaimed the 1.272 Fibonacci extension at $70.04 and now eyes the 1.618 extension near $83.55 as a first target.

A second target sits at the 2.0 extension around $98.47. The relative strength index is about 63, rising but not yet overbought, leaving room before momentum stretches.

One caution stands out. Volume has declined as price advanced, a divergence worth monitoring. The previous record at $59.41 now acts as support, with deeper backup near $51.05 along an ascending trendline.

Kelemci’s weekly chart shows HYPE trading in the upper half of an ascending channel since late 2024. That structure projects toward roughly $128 if the trend extends.

Kelemci also notes HYPE has gained 164% since the start of 2025. Over a similar span, Bitcoin fell 42%, and Ethereum dropped 57% from their peaks. He frames a far larger ceiling.

“If it scales to Tier-1 exchange volumes and launches spot trading, reaching a market capitalization similar to Robinhood’s roughly $70 billion would imply a token price well above $300, with the burn mechanism potentially allowing it to soar much higher.”

For now, the setup is binary. Hold the prior breakout above $59.41, and the path toward $83 and $98 stays open. Lose it, and the record run cools fast.

The post Hyperliquid’s HYPE Just Hit a New All-Time High: Experts Now Weigh $300 Target appeared first on BeInCrypto.

Source link

President Donald Trump dismissed reports that the United States will pay Iran billions as fake news, yet crypto keeps surfacing in the debate over a proposed $300 billion reconstruction fund tied to the new US-Iran framework.

The confusion stems from a preliminary memorandum of understanding that Washington and Tehran expect to sign on June 19. Online, traders quickly asked whether any payout could move through Bitcoin (BTC) or stablecoins.

What the $300 Billion Fund Actually Involves

Vice President JD Vance addressed the figure on CBS on Monday. He said Iran could reach the money only by honoring its commitments, and that Gulf states, not American taxpayers, would supply it.

“That’s the sort of thing they could have access to, funded by the Gulf coast coalition, so long as they honor their end of the obligation,” the Hill reported, citing Vance.

Follow us on X to get the latest news as it happens

Trump pushed back harder on Truth Social. He rejected the payout claim while touting Iran’s pledge to drop nuclear weapons.

The two sides have pitched different deal terms throughout the talks.

“…the story that the U.S. is paying Iran 300 million Dollars is Fake News, put out by the Dumocrats!!!” Trump wrote.

No public version of the draft mentions a fixed payout.

The deal instead ties any Gulf investment to nuclear limits, weapons inspections, and the reopening of the Strait of Hormuz.

Why Crypto Entered the Iran Conversation

No public text in the framework mentions digital assets. Still, Iran’s record made the leap easy for speculators to make.

Tehran has leaned on crypto to dodge sanctions for years. On June 2, the US Treasury blacklisted four Iranian platforms, including Nobitex, Iran’s largest exchange.

Treasury said Nobitex alone processed more than half of Iran’s crypto inflows in 2025, much of it IRGC-linked.

Tehran has also floated Bitcoin tolls for ships crossing the Strait of Hormuz. That history keeps digital assets close to the story, even without a formal role.

The framework still moved markets. Bitcoin reached a two-week high on ceasefire optimism, a swing that wiped out roughly $246 million in short positions.

The signing on June 19 should clarify the actual terms. Until then, the gap between Trump’s denial and Tehran’s messaging will likely keep crypto speculation alive.

The post Trump Says No $300 Billion for Iran, So Why Is Crypto Part of the Conversation? appeared first on BeInCrypto.

Source link

SpaceX (SPCX) climbed into the world’s most valuable companies this week, then stalled. The SpaceX stock spiked near $212 on Tuesday before sliding back toward $202, leaving its first clear sign of fatigue on the chart.

The pullback arrived three sessions after the IPO at $135, with the rocket maker briefly worth about $2.8 trillion at its premarket high. That figure pushed it close to Amazon before the gains faded.

Momentum Fades as RSI Rolls Out of Overbought

The relative strength index tells the clearest part of the story. During the run toward $214, RSI pushed into overbought territory near the 80 mark on the five-minute chart (blue circles).

It has since rolled over and slid toward the low 40s. In plain terms, the buyers who powered the debut are losing short-term control (red arrow).

The signal stays soft until RSI reclaims the 60s while price pushes back above the $214 high. Until then, momentum favors sellers on the intraday timeframe.

Ranking and ETF Demand Tell a Stronger Story

The momentum picture looks weak, yet the structural demand behind SPCX stock does not. The latest ranking shows SpaceX sitting sixth among the world’s largest companies, with a market capitalization of about $2.52 trillion.

That places it ahead of Taiwan Semiconductor (TSMC) at $2.29 trillion and just behind Amazon at $2.65 trillion. The premarket spike briefly lifted SpaceX above Amazon for the fifth time before it settled back.

Demand has also been broad across markets. Issuers rushed leveraged SpaceX ETFs to market, while traders cleared $1.4 billion in SPCX perpetuals on a single decentralized venue when several exchanges ran short of shares.

SpaceX Stock Hinges on the $201 Fibonacci Support

A Fibonacci retracement drawn from the $214.77 high down to the $157.41 first-session low maps the levels that matter now. Price near $202 is pinned to the 0.236 level at $201.23.

Holding that line keeps almost the entire run intact and signals a shallow, healthy pause. A clean break opens the 0.382 level at $192.86, which also marks Monday’s regular-session close.

Below that sits the 0.5 midpoint at $186.09 and the 0.618 golden pocket at $179.32. The golden pocket lines up with the early post-debut spike high, so it forms the strongest support on the chart.

The risk is that the leverage stacked through new ETFs amplifies any slide. Skeptics have already flagged the valuation as stretched. Ipek Ozkardeskaya, senior analyst at Swissquote Bank, said:

“We can say with certainty that this valuation makes absolutely no sense today. People are buying SpaceX in the expectation that others will buy too and push the price higher – that’s speculation.”

Defending $201 keeps the uptrend alive and points back toward the $214 ceiling. Losing it shifts attention to $193, then the $179 golden pocket that could decide whether this is a pause or a deeper unwind.

The post SpaceX Hits $2.8 Trillion and Sixth Place, but the Chart Flashes Its First Warning appeared first on BeInCrypto.

Source link

Strategy’s (MSTR) dividend-paying preferred stock, STRC, closed at $91.79 on Tuesday, its third-lowest since trading began in July 2025, amid lower bitcoin prices and debt concerns.

The only lower closes occurred during two sessions later that month, when STRC fell to as low as $88.60. The security was initially priced at approximately $90 in its debut.

STRC was designed to trade as close as possible to its $100 par value. However, it has remained below that level for an extended period and has not traded at $100 since May 15, last month’s ex-dividend date.

Historically, STRC would trade near its $100 par value ahead of the ex-dividend date, the cutoff after which new buyers are no longer entitled to the upcoming dividend. Once the stock went ex-dividend, it often declined by roughly the value of the dividend before gradually recovering toward par, but on June 15, STRC never reached par.

Several factors appear to be contributing to STRC’s persistent weakness.

Advertisement

First, the security has historically traded in tandem with bitcoin, and bitcoin remains under pressure, hovering around $65,000 and roughly 50% below its October all-time high.

Source link

Collector Crypt, the Solana-native platform that tokenizes graded physical trading cards for on-chain trading, posted a 129% week-over-week jump in fee revenue after Solflare embedded its card-pack mechanic directly into the wallet interface. The platform generated $3.86 million in fees over the… Read the full story at The Defiant

Source link

Avalanche (AVAX) became one of the most discussed cryptocurrencies on Monday despite the broader market rally, as growing skepticism around the network fueled social media debates.

According to Santiment, many users are questioning whether Avalanche can still compete with faster-growing blockchains such as Solana and Sui.

Lagging Devs and Users

Much of the criticism has focused on concerns that developer activity, user adoption, and overall ecosystem growth are moving away from Avalanche toward rival networks. Santiment’s sentiment data revealed that market mood around AVAX has dropped sharply, pivoting from one of its most bullish phases earlier this year to one of its most bearish periods.

However, the analytics platform stated that extreme negative sentiment can sometimes create opportunities for reversals in the market. Despite the rising criticism, Avalanche continues to maintain institutional partnerships, government-linked initiatives, and its subnet technology, which remains a major feature of the network.

Meanwhile, stats from the Developer Report by Electric Capital revealed Solana leads with 795 full-time developers (each contributing 10+ days monthly), whereas Sui has 202 such developers, and Avalanche is behind with only 168. Furthermore, the total developer counts show Solana leading at 2,555, Sui at 656, and Avalanche at 484. The metric considers only original code authors, while excluding developers involved in merged pull requests, forked commits, and automated bot activity.

AVAX Market Performance

AVAX briefly moved above $7 this week as the broader crypto market recovered. The token gained nearly 4% in the past 24 hours. The rally also comes amid growing attention around FIFA’s partnership with Avalanche during the ongoing 2026 World Cup. FIFA is using a custom Avalanche blockchain to support ticketing, loyalty programs, and digital collectibles for fans across the world.

The Layer 1 network, announced in May 2025, powers FIFA Collect, the organization’s official collectibles platform developed with Modex. Fans can use Right-to-Ticket collectibles to access official World Cup tickets through a special portal before matches. The partnership has also reportedly helped Avalanche attract new users.

Zooming out, however, AVAX is still over 26% down over the past month. Additionally, the price has fallen by over 76% from its September 2026 high of $30.

The post Is Avalanche Falling Behind? Social Media Debates Heat Up Over AVAX Growth Slowdown appeared first on CryptoPotato.

Source link

Coinbase has unveiled an SEC-registered AI investment advisor alongside new trading products as the company has continued expanding beyond crypto in its push to become an “Everything Exchange.”

Summary

• Coinbase unveiled an SEC-registered AI advisor that can help users manage portfolios through natural language commands.
• The exchange plans to launch stock options, crypto options, prediction markets, and 24/7 stock index perps.
• Coinbase will expand its pre-IPO perpetuals program with upcoming offerings tied to OpenAI and Anthropic.

According to announcements made during Coinbase’s System Update event, the exchange is introducing an AI-powered advisory service, expanding access to derivatives and prediction markets, and preparing new pre-IPO trading products tied to some of the world’s largest private technology companies.

The latest product rollout comes as Coinbase continues adding traditional financial products to its platform after recently revealing plans to launch tokenized stocks backed one-for-one by underlying shares.

Advertisement

AI tools move closer to managing user portfolios

At the center of the announcements was Coinbase Advisor, which Chief Executive Officer Brian Armstrong described as one of the first SEC-registered AI-powered investment advisors in the world.

Armstrong said the tool will have access to a user’s portfolio information and account history, allowing customers to interact with the advisor using natural language commands.

“Speak to it in plain English to take action on your account. It will even prompt you with ideas you hadn’t thought of,” Armstrong said during the presentation.

Alongside the advisor, Coinbase revealed that artificial intelligence agents can now connect directly to its platform. Using systems such as ChatGPT or Claude, customers can establish trading rules and permit AI agents to execute trades on their behalf.

Advertisement

The announcement follows a growing industry focus on agentic finance. Earlier this week, crypto and stock trading platform Robinhood introduced AI-powered account management tools that allow clients to deploy automated agents to oversee trading activity.

New markets extend beyond crypto trading

Elsewhere during the event, Coinbase announced plans to launch stock options trading this summer, while crypto options are scheduled to arrive later this year.

The exchange also disclosed plans to offer perpetual-style stock index products that can be traded around the clock, including by users in the United States. The move would extend the 24/7 trading model commonly associated with crypto markets into equity-linked products.

Additional trading features unveiled at the event include time-based prediction markets that allow users to speculate on future price movements across digital assets such as Bitcoin, Ethereum, Solana, XRP, and Hyperliquid. According to Coinbase, contracts will cover periods ranging from 15 minutes to one year.

Advertisement

Private market exposure is also becoming a larger part of the company’s strategy. Coinbase announced plans to expand its pre-IPO perpetual contracts program following the launch of SpaceX pre-IPO perps ahead of the aerospace company’s record-setting public listing.

According to Coinbase, upcoming offerings will provide exposure to private companies, including OpenAI and Anthropic, before their shares become publicly available.

The new launches build on Coinbase’s previously announced tokenized stock initiative. The exchange has said those products will represent ownership interests backed 1:1 by underlying shares rather than synthetic instruments, derivatives, or IOUs.

Investors responded positively to the announcements. Data from Yahoo Finance showed Coinbase shares climbing to roughly $170 during the trading session before easing slightly in after-hours trading. The stock exchanged hands near $169.2 at the time of writing.

Advertisement

Source link

Oil prices tumbled to two-month lows after the US and Iran reached a peace deal to reopen the Strait of Hormuz. Yet beneath the relief, traders are quietly positioning for a rebound.

The reason is a catch buried in the deal. Iran plans to charge a toll after a 60-day grace period, a cost the market may already be pricing into the months ahead.

An Iran Deal That Adds a Toll to a Fifth of Global Oil

The deal reopens the Strait of Hormuz, the waterway that carried roughly one-fifth of global oil before the war shut it. Before the conflict, ships paid nothing to pass.

Want more insights like this? Sign up for Editor Harsh Notariya’s Daily Newsletter here.

Iran now says it will collect “service fees” once a 60-day toll-free window ends. President Trump calls the reopening permanently toll-free, while Vice President JD Vance and Iran point to fees after the 60 days.

Markets took the truce as relief. Brent crude oil price fell about 5% to near $83, and WTI crude oil price slid to under $80, both at multi-month lows.

That drop reflects near-term supply relief. The futures curve tells a more cautious story.

The Curve Cooled, but Positioning Turned Bullish

During the war, the backwardation in Brent went extreme. Backwardation means the front-month contract trades above the later-month contracts, a sign of near-term scarcity.

The spread between the first and second Brent contracts hit about $10.27 in April. It has since collapsed to roughly $0.67, so the market sees the immediate shortage easing. Still, the spread stays positive.

Brent shows mild backwardation rather than flipping into contango, where later months trade above the front. The near-term squeeze has cooled, but the market is not yet pricing a glut.

Positioning leans the other way. In the latest Commitments of Traders report, a weekly CFTC snapshot of who holds futures, speculators cut short bets by about 9,300 contracts by June 9.

Options say the same. On the United States Brent Oil Fund (BNO), the put-call ratio sat near 0.08, meaning calls vastly outnumbered puts. Call buying continued to grow, with the ratio dropping to 0.06 as the toll news broke.

So the curve has priced the reopening, while traders bet on what comes after. The size of that bet depends on the toll.

BRN2 is only about a month further out, and the front contract still trades above it, so the curve has calmed without turning bearish. That leaves room for the toll to retighten it, which aligns with the bullish positioning.

What a Hormuz Toll Could Do to Oil Prices

Here is the math. Before the war, Brent traded near $70 with zero transit cost. The Strait moves about 7.6 billion barrels of oil a year.

A toll of $0.50, $1, or $2 per barrel would hand Iran roughly $3.8 billion, $7.6 billion, or $15.2 billion a year. The $1 level is not hypothetical. During the conflict, an informal $1-per-barrel fee was being levied. Tolls of up to $2 million per voyage were reported.

The direct cost is small and mostly absorbed by producers at first. The bigger lever is the risk premium, the extra price markets pay for supply uncertainty.

That premium bites harder now because the cushion is thin. The US Strategic Petroleum Reserve, the national emergency stockpile, just hit a 43-year low.

From a normalized reopening near $80, analysts estimate a smooth toll could add $2 to $6, while a messy one could add $10 or more. That points to Brent in the high $80s to mid $90s, with a path back above $100 if the reopening turns disorderly.

To be clear, the $1 toll, or even $2, does not push Brent to $100. That tail runs through disruption, not the fee. A contested rollout that chokes traffic again would revive the war-era risk premium. That fear, not the charge, sent Brent above $100 during the conflict.

Expert and market signals line up with that risk.

Oil Prices, Forecasts, and the Bets Point the Same Way

Industry leaders have flagged the upside. Executives at Chevron and ExxonMobil warned the physical Brent oil price could spike toward $150 to $160 if inventories keep draining.

The US Energy Information Administration (EIA) expects Brent to average about $105 in June and July before easing later. Goldman Sachs trimmed forecasts on the deal but warned of renewed volatility if Hormuz does not reopen cleanly.

Prediction markets agree at the margin. On Polymarket, bettors put the odds of crude hitting a record at roughly 16% by December 31, still the most-backed window even after the deal cooled the odds.

For now, oil prices sit near two-month lows: Brent around $83 and WTI near $80. The next CFTC positioning report, the first to capture the toll news, will show whether the bullish lean held.

A clean, toll-free reopening would let oil prices keep easing toward the EIA’s high $70s path. A contested service-fee regime after 60 days would re-tighten the market and push it back toward the high $80s and beyond.

The post How Would a Hormuz Toll Affect Oil Prices? appeared first on BeInCrypto.

Source link

Source link

The market for tokenized real-world assets (RWAs) continues to expand despite broader weakness in crypto markets, with the value of onchain financial assets climbing sharply over the past six months as traditional financial products migrate onto blockchain rails.

According to Token Terminal, tokenized assets now exceed $43 billion in market value, up roughly 37% over the past 180 days.

The figures exceed those reported by other industry trackers, most notably RWA.xyz, which values the combined RWA market at less than $33 billion. The discrepancy likely reflects methodological differences, with Token Terminal including a broader range of tokenized financial assets.

Tokenized funds dominate the sector, accounting for nearly 80% of total market capitalization. Commodities rank a distant second at 16.6%, followed by tokenized stocks at 3.8%.

Advertisement

Source: Token Terminal

Ethereum remains the leading blockchain for tokenized assets, hosting 57.8% of total value. BNB Chain accounts for 8.5%, followed by zkSync Era (7.5%), XRP Ledger (5.8%) and Stellar (5.4%), reflecting the sector’s gradual expansion beyond Ethereum.

Sky is the largest issuer with $6.1 billion in tokenized assets, followed by Securitize and Ondo Finance at $3.6 billion each, according to Token Terminal.

Related: Crypto Biz: SpaceX fuels tokenization’s next boom

Advertisement

Tokenization moves beyond Treasurys

Tokenization has gained mainstream attention as major financial institutions embrace blockchain-based infrastructure. Earlier this week, Standard Chartered initiated coverage of Uniswap, arguing that the decentralized exchange’s UNI token could appreciate 40-fold by 2030 as tokenized assets increasingly migrate onchain.

The bank projects the decentralized finance sector will grow to $2.7 trillion over the same period, driven largely by the expansion of tokenized financial products.

Source: Frank Chaparro

Citigroup has also turned bullish on tokenization, projecting that the market will reach $5.5 trillion by 2030 in its base case and up to $8.2 trillion in a bull scenario. 

Advertisement

The bank argues the industry is moving beyond the pilot stage as regulatory clarity improves. Citi identified the Depository Trust & Clearing Corporation, the New York Stock Exchange and Nasdaq integrating tokenization into core issuance processes as key catalysts for growth.

Stablecoins, which are often excluded from tokenization metrics, are expected to be a major driver of sector growth. Source: Citi

While tokenized funds and private credit continue to dominate the market, tokenized equities are gaining traction through platforms such as Ondo Markets and xStocks. The trend reflects a broader shift within the industry, with Binance Research recently concluding that RWA growth is becoming more diversified.

“2026 marks RWA tokenization’s maturation from a Treasury-dominated narrative into a diversified yield ecosystem,” Binance Research said in a report earlier this month.

Advertisement

Related: JPMorgan, Citi-backed Clearing House plans tokenized deposit network in 2027: WSJ

Source link