Cantor says Hyperliquid is trading infrastructure, not speculative DeFi, with HYPD and PURR offering exposure to fees, buybacks, and CEX share gains.
Hyperliquid’s $200 billion pitch: Is this next Solana-scale DeFi bet?: Asia Morning Briefing
Cantor says Hyperliquid is trading infrastructure, not speculative DeFi, with HYPD and PURR offering exposure to fees, buybacks, and CEX share gains.
Shares:
The crypto miner increased the offering from $100 million and plans to use proceeds to buy ether.
The token's price action points to fading buyer interest, with initial strong trading activity giving way to a sharp decline in participation.
Treasury Secretary Janet Yellen said she expects the debt ceiling to be reached around the inauguration date for President-elect Donald Trump.
BNB outperformed the wider crypto market, which has been cautious ahead of the Federal Reserve's interest-rate decision.