Akash Girimath
33 articles
Hyperliquid ETFs Attract $172M in One Month as HYPE Prices Surge
Hyperliquid ETFs have secured nearly $172 million in inflows since their launch in May 2026, as reported by Decrypt. This trend contrasts sharply with a $5.6 billion outflow from U.S. spot Bitcoin ETFs during the same period, highlighting institutional interest in the HYPE protocol.
3 weeks ago·Decrypt·Reported by Akash Girimath
Bitcoin Reaches $65K Following US-Iran Deal Amidst Trader Skepticism
Bitcoin surges past $65,000 after President Trump announces a deal with Iran, according to Decrypt. However, traders remain doubtful about the sustainability of this rally due to underlying concerns regarding institutional demand for cryptocurrencies.
3 weeks ago·Decrypt·Reported by Akash Girimath
SpaceX's $75B IPO Raises Questions on Crypto Liquidity Impact
Elon Musk's SpaceX plans to raise $75 billion through its IPO, which could stress crypto liquidity, according to a report by Decrypt. Analysts suggest the event may draw capital away from crypto markets, while a strong opening could lead to profit rotations back into crypto assets.
3 weeks ago·Decrypt·Reported by Akash Girimath
Bitcoin ETFs Experience $2.1 Billion Outflow Amid Market Decline
U.S. spot Bitcoin ETFs have seen $2.1 billion in outflows in June, following $2.4 billion in May, according to Decrypt. Analysts suggest that while outflows are stabilizing, uncertainty persists due to broader macroeconomic factors such as the ongoing U.S.-Israel conflict and rising inflation rates.
4 weeks ago·Decrypt·Reported by Akash Girimath
Market Capitulation as Over 8M BTC and Much of ETH Supply Sits at Loss
A significant downturn in the crypto market has left over 8 million Bitcoin underwater, with Ethereum showing similar trends in profitability. Experts suggest that such capitulation phases can highlight future opportunities, though sentiment remains bearish, according to analysis from Decrypt.
4 weeks ago·Decrypt·Reported by Akash Girimath
Bitcoin's Shallowest Bear Market Raises Concerns About Future Drops
Bitcoin experiences a 50% decline from its all-time high of $126,080, marking its shallowest bear market historically, according to Decrypt. Analysts caution the bottom may not be reached yet, highlighting ongoing ETF outflows and macroeconomic pressures as potential threats to recovery.
4 weeks ago·Decrypt·Reported by Akash Girimath
Bitcoin's Weekend Rebound Liquidates $540M in Shorts
Bitcoin's price surged to $63,800 over the weekend, liquidating $540 million in short positions, the highest amount since mid-April, according to Decrypt. Experts remain cautious about this rebound, suggesting that it does not confirm a trend reversal yet.
4 weeks ago·Decrypt·Reported by Akash Girimath
Zcash Faces 38% Drop After Discovery of Critical Counterfeiting Vulnerability
Zcash's native token, ZEC, dropped sharply following the revelation of a significant vulnerability in its transaction shielding technology. The issue, identified by an AI-assisted audit, could have allowed undetectable counterfeiting for years, prompting concerns about the security of privacy coins, as reported by Decrypt.
last month·Decrypt·Reported by Akash Girimath
Bitcoin Drops 17% in Four Days Sparking $4.5B in Liquidations
Bitcoin has fallen 17% in four days, reaching an intraday low of $61,556 on June 4, 2026, and causing $4.5 billion in liquidations. Analysts warn of a potential further decline below $60,000 as weak demand and geopolitical tensions weigh on the market, according to Decrypt.
last month·Decrypt·Reported by Akash Girimath
Strategy Faces Criticism After $2.5M BTC Sale and Dividend Payout
Strategy's $2.5 million Bitcoin sale has raised concerns about its financial stability and 'never sell' stance, according to a Decrypt report. The company's recent decision to sell 32 BTC while facing significant debt obligations and scheduled dividends has sparked debate among analysts over its implications for Bitcoin's market dynamics.
last month·Decrypt·Reported by Akash Girimath
NEAR Protocol and Worldcoin Gain 12-15% Despite Market Liquidations
NEAR Protocol and Worldcoin post significant gains of 15% and 12%, respectively, as Bitcoin dips below $70,000, triggering a massive $980 million liquidation, according to Decrypt. The trend highlights a rotation of capital towards altcoins with strong narratives amidst a broader risk-off market sentiment.
last month·Decrypt·Reported by Akash Girimath
U.S. Bitcoin ETFs Experience $2.96 Billion in Outflows Over 10 Days
U.S. spot Bitcoin exchange-traded funds have faced $2.96 billion in outflows over a record-breaking 10-day period, as reported by Decrypt. This marks the longest withdrawal streak in the product's history, pushing year-to-date flows into negative territory for the first time in 2026.
last month·Decrypt·Reported by Akash Girimath
Bitcoin Drops Below $73K Amid $1B Crypto Liquidations
Bitcoin hits a low of $72,712 while nearly $1 billion in crypto liquidations occur, driven by ETF outflows and rising geopolitical tensions, according to Decrypt. This marks a significant decline as investors retreat from spot Bitcoin ETFs, compounding pressure on the overall market.
last month·Decrypt·Reported by Akash Girimath
$1.3B Block of BlackRock's Bitcoin ETF IBIT Sold in Dark Pool Transaction
On May 27, 2026, a $1.3 billion block of BlackRock’s iShares Bitcoin Trust (IBIT) changed hands in a dark pool sale, marking a significant transaction since the launch of U.S. spot Bitcoin ETFs, according to Decrypt. Despite Bitcoin's initial drop, experts noted that the market absorbed the sell-off without a total breakdown of liquidity.
last month·Decrypt·Reported by Akash Girimath
Bitcoin, Ethereum ETFs Lose $112M as Hyperliquid Funds Gain Momentum
Bitcoin and Ethereum exchange-traded funds experienced a combined outflow of $112 million, primarily attributed to rising geopolitical tensions. Meanwhile, Hyperliquid ETFs have seen consistent inflows for eight days, highlighting a shift in institutional investment trends, according to Decrypt.
last month·Decrypt·Reported by Akash Girimath
NEAR Protocol Rallies on Upgrade Announcements
NEAR Protocol surged 45% recently due to multiple upgrades aimed at enhancing its capabilities for AI applications and confidential finance, as reported by Decrypt. This positions NEAR as a potential competitor in the decentralized infrastructure space.
2 months ago·Decrypt·Reported by Akash Girimath
HYPE Sees Gains as Hyperliquid ETFs Attract $25.5 Million
Hyperliquid’s HYPE token experiences significant gains amid rising demand for ETFs, according to Decrypt. The increase comes as the token's supply diminishes, driving further interest.
2 months ago·Decrypt·Reported by Akash Girimath
Hyperliquid's HYPE Token Gains 101% Amid Revenue Growth
Hyperliquid's HYPE token has surged 101% year-to-date, decoupling from Bitcoin as the platform's revenue grows across sectors, according to Decrypt. The rise in HYPE's value reflects increased activity on the decentralized exchange and innovation in liquidity trading.
2 months ago·Decrypt·Reported by Akash Girimath
