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Crypto & Bitcoin

Hyperliquid HYPE Heads Towards $100 After ICE Deal

Reported by Oluwapelumi Adejumo, The Market Periodical

Image: The Market Periodical

Key Insights: HYPE is up by more than 15% today despite a broader decline in the crypto market. ICE, the parent company of the New York Stock Exchange, and TradeXYZ, the company behind Hyperliquid RWA perps, signed a deal to bring regulated perps trading to the U.S. This action builds on other pro-crypto actions by ICE. Decentralized perps exchange Hyperliquid saw its native token, HYPE, soar by 15% on Thursday. This follows the announcement by NYSE parent company Intercontinental Exchange (ICE) that it will offer Hyperliquid-based perps in the U.S.

This is an excerpt. The reporting belongs to The Market Periodical.

Read the full report on themarketperiodical.com
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