HYPE hits $76 as ETF demand grows
Hyperliquid (CRYPTO:HYPE) climbed to a new all-time high of US$76.70 after ETF-related purchases, increasing platform activity and short liquidations boosted demand for the token.
Hyperliquid (CRYPTO:HYPE) climbed to a new all-time high of US$76.70 after ETF-related purchases, increasing platform activity and short liquidations boosted demand for the token.
Bitcoin rose about 2% to roughly US$66,000 after the US and Iran agreed to a ceasefire, sending the token to its highest level in weeks.
Elon Musk’s net worth briefly hit about US$1.4 trillion, momentarily exceeding bitcoin’s roughly US$1.31 trillion market value after SpaceX shares jumped 67% above their IPO price.
South Korean police charged 23 people accused of laundering funds linked to a Cambodia-based phishing operation that allegedly moved US$11.1 million through cryptocurrency transactions.
Abhay Agarwal, founder of GetBit, said India may revisit its cryptocurrency tax framework within two to four years as regulators gain greater visibility into the sector.
Illinois Governor JB Pritzker signed a budget bill introducing a 0.2% tax on cryptocurrency transactions involving state residents as part of a US$55.9 billion fiscal 2027 budget.
Russia's Finance Ministry said USD Coin will be added to the country's approved cryptocurrency list alongside Bitcoin (CRYPTO:BTC), Ethereum (CRYPTO:ETH) and Tether.
South Korea's retail cryptocurrency trading volume fell 28% year-on-year to US$69 billion in the first quarter of 2026, according to data from TRM Labs.
DK Bank, operating in Bhutan's Gelephu Mindfulness City, launched as a regulated bank focused on serving crypto businesses.
Canada announced sanctions against 162 Russian-linked individuals, organisations and vessels, including crypto platform Grinex, as part of a broader effort to target Russia's financial and export infrastructure.
XRP (CRYPTO:XRP) withdrawal activity on Binance rose to 53.2% of transaction flows on June 15, while the exchange's XRP leverage ratio reached its highest level of 2026.
The International Monetary Fund reported that Nigeria received US$59 billion in crypto-asset inflows between July 2023 and June 2024, highlighting the growing role of stablecoins in cross-border payments and financial activity.