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The PUMP Token is under fresh selling pressure, shedding 12% in a single day after its cofounder stated that the highly anticipated airdrop won’t be happening anytime soon. PUMP Token Drops 12% Amid Airdrop Delay PUMP price tumbled 12%, slipping below its initial ICO level after Pump.fun cofounder Alon Cohen revealed that while an airdrop
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World’s largest bank JPMorgan is now exploring Bitcoin and Ethereum-backed loans, against clients’ crypto holdings. From chief Jamie Dimon calling Bitcoin a “fraud” to now leveraging the asset class for loan instruments, the bank has taken a complete 180-degree turn. This pivot comes amid strong institutional demand for top crypto assets BTC, ETH in recent
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Hyperliquid’s native crypto token HYPE has recently experienced a significant 40% price decline. However, the altcoin is showing signs of recovery.
Traders have become increasingly bullish on HYPE, with many believing it can regain the losses sustained in the recent downturn. This renewed confidence, supported by positive market movements, has sparked hopes of a price rebound.
Over the past 24 hours, the Open Interest for Hyperliquid has risen by $44 million, bringing the total to $428 million. This increase follows a recent uptick in price, which added momentum to the ongoing recovery.
The growth in Open Interest suggests that traders are becoming more confident in HYPE’s potential for a price rise. This influx of interest has fueled optimism among investors and traders alike, with many viewing this as a sign of further upside.
As a result, there is a renewed sense of enthusiasm among HYPE enthusiasts, who believe the altcoin is well-positioned to reclaim lost value. This positive sentiment could contribute to continued price growth, particularly as market conditions remain favorable for a recovery.
The overall macro momentum of Hyperliquid has shown significant improvement in recent days. Key technical indicators, such as the Moving Average Convergence Divergence (MACD), reflect a shift from a bearish to a bullish trend this week.
This change marks the end of a month-long bearish crossover and signals the potential for further upward momentum.
As the bullish momentum rises, it provides HYPE with the room needed to continue its recovery. The shift in the MACD reflects a positive shift in market sentiment, suggesting that the altcoin may be in a stronger position moving forward.
HYPE’s price is currently trading at $16.10, up by 14% over the last 24 hours. The altcoin is just under the $16.50 resistance level, having already recovered about half of its recent 40% decline. This price movement shows that Hyperliquid has significant upside potential.
Given the current momentum, there is a possibility that HYPE will breach the $16.50 barrier and continue its upward trajectory. If this occurs, the altcoin could move toward $19.16, potentially reaching $20.00 in the near future.
However, if the $16.50 resistance level proves too strong, HYPE may struggle to maintain its upward momentum. In this case, the price could fall back to $13.44, invalidating the bullish outlook and erasing recent gains.
The post Hyperliquid Open Interest Surges to $44 Million As Price Rallies 12% appeared first on BeInCrypto.
Twenty One Capital is planning to go public soon, and Tether gave it a fresh influx of 5,800 bitcoins. This brings its total holdings to over 43,500 BTC, making the firm one of the largest corporate Bitcoin treasuries.
The company also plans to introduce a new “Bitcoin Per Share” (BPS) metric to track Bitcoin-denominated performance directly.
Strike CEO and Lightning developer Jack Mallers has been a Bitcoin maximalist for years, but his newest venture is taking it to the next level.
Alongside a global trend of corporate crypto investment, Twenty One Capital is standing out for its ambitious goals. Today, the firm announced the receipt of 5,800 BTC from Tether, bringing its holdings to over 43,500 BTC.
Specifically, Twenty One Capital is going to go public soon, and Tether is one of its largest shareholders. Other prominent backers include Bitfinex, SoftBank, Cantor Fitzgerald, and more.
The company plans to trade under the ticker symbol “XXI” and introduce a performance metric called Bitcoin Per Share (BPS) to track its Bitcoin-denominated performance. In other words, these bitcoins will help the company’s future growth potential.
“We believe Bitcoin deserves a public company worthy of its ethos. With the partners, capital, team, and structure we’ve assembled, we feel like we can do anything, and we’re just getting started. We’re not here to beat the existing system, we’re here to build a new one,” said Jack Mallers, Co-Founder and CEO of Twenty One.
Twenty One has been a major Bitcoin investor since coming onto the scene this year, receiving huge VC investments throughout Q2 2025.
Although its holdings pale in comparison to MicroStrategy, the firm nonetheless proved a major market mover several months ago.
The firm is already the third-largest corporate Bitcoin treasury, but it’s very close to moving up a rank. Twenty One acquired Bitcoin at an average price of $87,280.37 per unit, so these bets are certainly paying off.
Corporate treasury trackers haven’t incorporated this new Tether donation, but its 43,500 BTC stockpile is almost as large as MARA Holding’s.
This BPS metric might help Twenty One avoid some of the potential pitfalls of corporate Bitcoin investment.
Hopefully, it’ll provide another way for investors to gain indirect exposure to BTC, as firms like MicroStrategy can have an erratic price performance compared to Bitcoin itself.
The post Twenty One Capital Becomes the Third Largest Bitcoin Holder Before Public Listing appeared first on BeInCrypto.