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On May 9, Apple and Intel reached an agreement for Intel to produce chips for Apple devices. Sources indicate that intensive negotiations between the two companies have been ongoing for more than a ye

Apple and Intel Reach Agreement for Chip Production

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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Crypto conferences filled venues and dominated soci

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BTC Price Guess: 18M HTX Awaits YouHTX Community April Creation Contest#HTX Creation Challenge — Post and Win 1,500U 💥Suspected Matrixport Address Dumps Another $4.3 Million in HYPE Tokens A wallet ad

#HTX  Creation Challenge — Post and Win 1,500U 💥Suspected Matrixport Address Dumps Another $4.3 Million in HYPE Tokens



A wallet address believed to be affiliated with crypto financial services platform Matrixport has sold an additional 100,000 $HYPE tokens, valued at approximately $4.26 million, according to on-chain monitoring service Onchain Lens. The transaction marks the second major sale from the same address in recent weeks.

Continued Token Liquidation Raises Questions

Onchain Lens data shows that the suspected Matrixport address has now liquidated a total of 200,000 $HYPE tokens across multiple transactions, converting them into 8.447 million $USDC. The latest sale follows an earlier transfer of 100,000 $HYPE that was similarly swapped for stablecoins. The consistent pattern of large-scale selling has drawn attention from market analysts, who are monitoring the address for further activity.

The identity of the wallet owner has not been officially confirmed by Matrixport, but on-chain sleuths have linked the address to the firm based on transaction histories and known wallet clusters. Matrixport, which offers crypto lending, custody, and trading services, has not publicly commented on the sales.

Market Implications and Token Performance

$HYPE, the native token of the Hyperliquid ecosystem, has experienced price volatility amid the ongoing sell pressure. While the total amount sold represents a fraction of the token’s circulating supply, large dumps from significant holders can influence short-term market sentiment. Traders are watching for potential cascading effects, particularly if the selling continues at a similar pace.

The token’s price has shown sensitivity to large wallet movements in the past, and the latest transaction adds to a narrative of institutional or high-net-worth profit-taking. The conversion of $HYPE into $USDC suggests a desire to lock in gains or reduce e

Suspected Matrixport Address Dumps Another $4.3 Mi

U.S. President Donald Trump made a surprise visit Thursday to review renovations at the Lincoln Memorial reflecting pool, highlighting one of several major projects aimed at reshaping Washington, D.C.

U.S. President Donald Trump made a surprise visit Thursday to review renovations at the Lincoln Memorial reflecting pool, highlighting one of several major projects aimed at reshaping Washington, D.C. The restoration effort is part of Trump's broader push to leave a lasting visual impact on the nation's capital. During the visit, Trump toured the drained reflecting pool and praised the ongoing improvements. He said the project would replace the aging gray stone surface with a durable blue-toned coating designed to resemble a modern swimming pool.
According to Trump, the renovated site will look "better than it did in 1922," the year the iconic memorial feature was completed. The Lincoln Memorial reflecting pool is one of the most recognizable landmarks in Washington, stretching between the Lincoln Memorial and the Washington Monument. The area has long served as a historic gathering place for public events, protests and national celebrations. The renovation includes draining, cleaning and resurfacing the nearly century-old basin to improve its appearance and durability. Trump's visit came amid heightened security concerns following a recent incident at the White House Correspondents' Dinner, where an armed individual allegedly attempted to enter the ballroom before the president's scheduled appearance. Secret Service agents reportedly secured the heavily visited tourist area ahead of Trump's arrival.Earlier this week, Trump said security officials advised against walking directly into the construction zone due to surrounding buildings overlooking the site. Despite the concerns, he proceeded with the inspection and discussed the project with reporters. Trump previously explained that the renovation was inspired by comments from a German friend who criticized the condition of the reflecting pool, describing the water as dirty and unrepresentative of the United States. Trum

HTX  Creation Challenge — Post and Win 1,500U 💥

U.S. President Donald Trump made a surprise visit

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BTC Price Guess: 18M HTX Awaits YouHTX Community April Creation ContestEverything Can Be Huobao Market News: $2.6 Trillion in One Day: What Wall Street's Record Options Binge Means for Bitcoin Wall St

Market News: $2.6 Trillion in One Day: What Wall Street's Record Options Binge Means for Bitcoin

Wall Street's most speculative options binge in history is sending mixed signals to crypto markets. The surge in bullish S&P 500 bets is lifting Bitcoin — but the same frenzied momentum that's driving stocks higher could trigger a sharp reversal across all risk assets.
Key takeaways

Record S&P 500 call options volume — $2.6 trillion in a single day — signals an unprecedented surge in speculative risk appetite on Wall Street.

Bitcoin benefits directly: its positive correlation with U.S. equities means a rising stock market has already helped lift BTC from under $70,000 to $80,000 since early April.

The same speculative frenzy is a warning sign. Overcrowded bullish positioning leaves all risk assets — including crypto — exposed to sharp, sudden reversals.

What happened: a record-breaking day for S&P 500 call options

On Wednesday, U.S. equity derivative exchanges recorded a single-day notional volume of $2.6 trillion in S&P 500 call options, according to data tracked by Zero Hedge. That figure accounted for 60% of all S&P 500 options activity — meaning bullish bets overwhelmingly dominated the market.

To put the scale in perspective: $2.6 trillion nearly matches the entire crypto market's combined capitalization of $2.73 trillion — the aggregate value of thousands of cryptocurrencies, with Bitcoin accounting for the largest share. In a single trading session, Wall Street placed directional bets roughly equivalent to the worth of all digital assets on earth.

A call option gives a trader the right to buy the index above a specified price before expiration — in simple terms, it's a bet that stocks will go up. The sheer scale and one-sided nature of Wednesday's activity suggests the market is not just optimistic; it is aggressively chasing upside.



Market News: $2.6 Trillion in One Day: What Wall S

How To Use It Timeframe 5 minute chart Best For SPY QQQ Buy Calls When BUY label appears Market is trending up Buy Puts When SELL label appears Market is trending down Why This Works It’s simple: VWAP

Simple Smart Buy/Sell Strategy

BTC Price Guess: 18M HTX Awaits YouHTX Community April Creation ContestMEGA: Real-Time Execution Layer for Ethereum Donald Trump’s Son Speaks About the Family’s Altcoin WLFI! Are the Claims True? Here

Donald Trump’s Son Speaks About the Family’s Altcoin WLFI! Are the Claims True? Here’s the Answer

Tensions have been escalating recently between US President Donald Trump and his family’s DeFi project, World Liberty Financial ($WLFI), and Tron (TRX) founder Justin Sun.$WLFI is allegedly collapsing amidst ongoing lawsuits and disputes between both sides.

Donald Trump’s Son Speaks About the Family’s Altco

However, Martinez also noted that breaking the $83,000 resistance is also crucial for that to happen. Is altcoin season upcoming or losing its ground? Additionally, Kaleo also noted that back in 2020,

However, Martinez also noted that breaking the $83,000 resistance is also crucial for that to happen.

Is altcoin season upcoming or losing its ground?

Additionally, Kaleo also noted that back in 2020, altcoins too had outperformed. However, the altcoin index, which was at 38 at press time, indicated that the altcoin season is still in its early stages and that the Bitcoin season is still ongoing.



However, Martinez also noted that breaking the $83

BTC Price Guess: 18M HTX Awaits YouHTX Community April Creation ContestMEGA: Real-Time Execution Layer for Ethereum The Value of Bitcoin Dropped to 2 Cents on a Cryptocurrency Exchange A notable price

The Value of Bitcoin Dropped to 2 Cents on a Cryptocurrency Exchange

A notable price anomaly occurred in the cryptocurrency market. On the UK-based fintech platform Revolut, the price of Bitcoin briefly dropped to approximately $0.019.

According to screenshots shared by users on the social media platform X, the Bitcoin price appeared to some users today as just a few cents.

The incident at Revolut, which has over 70 million global users, was reported to be very brief, with prices quickly returning to normal levels. Users speculated that the event may have been caused by a display error, a sudden price deviation due to liquidity, or an order book error.

Related News Network Activity on XRP Has Dropped, Deposits to Exchanges Have Increased: What's Going On?

On the other hand, the price data on Revolut’s official website presented a different picture than what X users shared. According to the data on the platform, the Bitcoin price fell below the $39,900 level around 10:15 AM Turkish time on May 8th. However, this drop was quickly reversed.

There has been no official statement so far regarding whether any users have purchased Bitcoin at these unusually low prices.



The Value of Bitcoin Dropped to 2 Cents on a Crypt

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. AI crypto trading bots gain popularity in 2026 as begi

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🇧🇷 Brazil President signs legislation into law empowering the central bank to regulate the #Bitcoin and crypto industry.

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