TL;DR Whales accumulated $24M in HYPE within hours, fueling momentum as the price closes in on ATH. Technical charts show a strong support trend line, with $52 resistance key for the next bullish breakout. Hyperliquid governance vote on USDH ticker may redirect $5.5B and yield $220M annually. Whales Accumulate Millions in HYPE Hyperliquid (HYPE) just breached its previous all-time high as whales continue to add large positions. Over the last 16 hours, wallets linked to major buyers have picked up more than $24 million worth of tokens. Lookonchain reported that qianbaidu.eth bought 260,900 HYPE ($13M) in the past 16 hours via 2 wallets. In the same period, wallet 0xe0f0 opened a long position of 136,906 HYPE ($6.9M). Two other wallets, 0x328B and 0x23fA, added another $2.13M and $2M in tokens, with the latter staking its purchase shortly after. Whales are bullish on $HYPE . qianbaidu.eth bought 260,900 $HYPE ($13M) in the past 16 hours via 2 wallets. 0xe0f0 opened a long position of 136,906 $HYPE ($6.9M) in the past 6 hours. 0x328B bought 43,415 $HYPE ($2.13M) in the past 12 hours. 0x23fA bought and staked 42,161… pic.twitter.com/DVCF5srlUA — Lookonchain (@lookonchain) September 8, 2025 CoinGecko data shows that HYPE skyrocketed to a new all-time high of just over $51. The token is up 7% in the last 24 hours and 13% over the past week, with daily trading volume at $360 million. Market analyst Nanji noted the scale of recent buys, writing , “Whales straight up aped $24M into $HYPE in the last 16 hours… we might be staring at $65 HYPE sooner than u think.” Technical Chart Shows Bullish Setup Chart analysis from Kamran Asghar points to a supportive trend line that has carried HYPE higher since early August. Each of the three retests of this line has been followed by a strong bounce, showing steady accumulation at lower levels. Price action is now testing resistance at $52, a level that has been rejected multiple times in the past month. Asghar stated, “$52.00 is a resistance after which a good bullish momentum will be seen.” A breakout could pave the way toward $54–$56, with the rising trend line acting as support. Governance Vote on Stablecoin Ticker The Hyperliquid community is preparing for a governance vote on September 14 over the USDH ticker. CryptoPotato reported that the vote is focused on strengthening the platform’s native stablecoin strategy and reducing exposure to USDC. If passed, the change could redirect up to $5.5 billion from USDC and generate an estimated $220 million in yearly yield for HYPE holders. The decision will serve as a test of the network’s community-driven governance model. The post Massive Whale Buys Push HYPE to New All-Time High appeared first on CryptoPotato .
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BitcoinWorld CoinShares Nasdaq Listing: A Monumental Leap for Crypto Investment The world of digital assets is buzzing with significant news. CoinShares, a prominent cryptocurrency asset manager, is set to pursue a Nasdaq listing . This exciting development comes through a substantial $1.2 billion merger with a special purpose acquisition company (SPAC), as reported by Walter Bloomberg. This move marks a pivotal moment, signaling increased mainstream acceptance and institutional confidence in the crypto space, especially concerning the CoinShares Nasdaq listing . What Does a CoinShares Nasdaq Listing Mean? For those unfamiliar, a SPAC is essentially a shell company created solely to raise capital through an initial public offering (IPO) with the purpose of acquiring an existing private company. This method offers a faster route to public markets compared to a traditional IPO. The decision by CoinShares to go public via a SPAC merger on Nasdaq is highly strategic. It provides the firm with access to a broader investor base and enhanced liquidity. Furthermore, it significantly boosts its profile on a global stage, solidifying its position as a leader in digital asset management. Key aspects of this development include: Accelerated Public Access: SPACs offer a quicker path to becoming a publicly traded company. Increased Visibility: Listing on Nasdaq brings CoinShares to a much wider audience of institutional and retail investors. Capital Infusion: The $1.2 billion valuation provides substantial capital for growth and expansion. Why is this Move Important for Crypto? CoinShares is not just any crypto company; it’s a European pioneer in digital asset investment products. Its existing presence on the Nasdaq Stockholm exchange has already demonstrated its commitment to regulated financial markets. The move to Nasdaq in the United States, however, is a game-changer. This CoinShares Nasdaq listing signifies a growing maturity within the cryptocurrency industry. It indicates that established financial institutions are increasingly comfortable integrating digital assets into their traditional investment frameworks. This is a powerful endorsement for the long-term viability and growth potential of the crypto market. Benefits for the broader crypto ecosystem: Mainstream Validation: A major crypto player on Nasdaq legitimizes the sector. Investor Confidence: It can attract more traditional investors to digital assets. Regulatory Clarity: Such listings often pave the way for clearer regulatory frameworks. What Challenges Might CoinShares Face Post-Listing? While the prospect of a CoinShares Nasdaq listing is exciting, the journey ahead will not be without its challenges. The cryptocurrency market is known for its volatility, and public companies in this space often face intense scrutiny from investors and regulators alike. CoinShares will need to navigate evolving regulatory landscapes in different jurisdictions. Furthermore, maintaining growth and profitability in a competitive market will be crucial. The company’s ability to innovate and adapt to market changes will be key to its sustained success as a publicly traded entity. Potential hurdles include: Market Volatility: Crypto prices can fluctuate wildly, impacting investor sentiment. Regulatory Scrutiny: Public companies face stringent compliance requirements. Competition: The digital asset management space is becoming increasingly crowded. The Future Outlook for Crypto Investments The CoinShares Nasdaq listing is more than just a corporate transaction; it’s a barometer for the future of crypto investment. It underscores a clear trend towards institutional adoption and integration of digital assets into mainstream finance. This development could inspire other prominent crypto firms to seek similar public listings, further accelerating the industry’s growth. Investors should view this as a positive indicator of the increasing professionalization of the crypto space. It suggests that digital assets are moving beyond niche speculation to become a recognized and regulated asset class. This transition is vital for long-term stability and broader acceptance. In conclusion, CoinShares’ pursuit of a Nasdaq listing through a $1.2 billion SPAC merger is a monumental event. It highlights the growing maturity and institutional appeal of the cryptocurrency market. While challenges remain, this move is a strong signal of confidence in the future of digital asset investment, potentially ushering in a new era of mainstream participation and regulatory clarity. The CoinShares Nasdaq listing is indeed a significant step forward. Frequently Asked Questions (FAQs) What is a SPAC merger? A Special Purpose Acquisition Company (SPAC) is a company with no commercial operations that is formed strictly to raise capital through an initial public offering (IPO) for the purpose of acquiring an existing company. It offers a faster route to becoming publicly traded. Why is CoinShares choosing Nasdaq for its listing? Nasdaq is a major global stock exchange known for listing technology and growth companies. Listing on Nasdaq provides CoinShares with greater visibility, access to a broader investor base, and enhanced liquidity, particularly in the crucial US market. How does this CoinShares Nasdaq listing impact the cryptocurrency market? This listing provides significant validation for the cryptocurrency industry, signaling increased institutional acceptance and mainstream integration of digital assets. It can boost investor confidence and potentially encourage other crypto firms to go public, fostering further growth and regulatory clarity. What are the potential benefits for CoinShares? CoinShares stands to gain substantial capital for expansion, increased brand recognition on a global scale, and improved liquidity for its shares. It also solidifies its position as a leading digital asset manager in regulated financial markets. Did you find this article insightful? Share it with your network and help spread the word about the exciting developments in the cryptocurrency space! Your shares help us bring more valuable insights to the community. To learn more about the latest crypto market trends, explore our article on key developments shaping institutional adoption. This post CoinShares Nasdaq Listing: A Monumental Leap for Crypto Investment first appeared on BitcoinWorld and is written by Editorial Team
COINOTAG News reported on September 8 that Rectitude Holdings Ltd. (Nasdaq: RECT) has formally launched a Bitcoin Treasury Reserve Strategy through a Share Equity Purchase Agreement (SEPA) with investors including