7*24

Hot topic

Market

Activities

Bitcoin Up 2 Weeks: Beginning or End?HTX Community Spring Creation ContestClaim1,200 USDT in the Monthly Creation Challenge HIP-3 open interest tops $2 billion as demand for 24/7 tokenized equity expo

Claim1,200 USDT in the Monthly Creation Challenge

HIP-3 open interest tops $2 billion as demand for 24/7 tokenized equity exposure surges

On Hyperliquid, just three of the top 10 markets by volume are crypto pairs, while the rest are tokenized equity or commodity futures.

The following is excerpted from The Block’s Data and Insights newsletter.

Open interest (OI) on Hyperliquid's HIP-3 markets hit a record high of $2.38 billion last week. As of Wednesday, OI sits at slightly under $2.1 billion, still near its highs despite a 12% pullback likely tied to broader risk-off moves.

HIP-3's growth trajectory has been staggering, from just around $280 million in OI at the beginning of the year to crossing $1 billion less than a month later and $2 billion by the end of the quarter. Year-to-date, HIP-3 OI is up approximately 580%. TradeXYZ alone accounts for over 90% of all HIP-3 OI.

On the Hyperliquid platform itself, only three of the top 10 markets by volume are crypto pairs. The rest are tokenized equity and commodity futures such as Nasdaq proxies, oil, gold, silver, and the S&P 500.

Traders are increasingly seeking exposure to equities and commodities outside traditional market hours, and HIP-3 provides that without intermediaries and with crypto-native settlement.

Existing tradfi incumbents such as CME, ICE, and Eurex don't offer 24/7 equity futures, while Robinhood and Interactive Brokers don't settle on-chain.

The $5 billion OI mark is where things get interesting for HIP-3. At that level, HIP-3 starts generating enough volume and liquidity to attract market makers who currently operate on CME and CBOE.



HIP-3 open interest tops $2 billion as demand for

Join HTX Square to Define Web4

Dear HTX Users, HTX has launched NVDA/USDT; GOOGL/USDT and BIO/USDT perpetual futures, which supports 1-20x leverages for long and short trades. Click here to trade NVDA/USDT now>>> Click here to trad

HTX Launches NVDA/USDT; GOOGL/USDT and BIO/USDT Perpetual Futures

WL: Ethereum L2/Sidechain

Japan has taken a major step toward reshaping its crypto regulatory landscape. The Cabinet has officially approved a bill that reclassifies cryptocurrencies as financial instruments under the Financia

Japan has taken a major step toward reshaping its crypto regulatory landscape.
The Cabinet has officially approved a bill that reclassifies cryptocurrencies as financial instruments under the Financial Instruments and Exchange Act, moving them away from their previous classification as simple payment tools.
This shift marks a significant upgrade in regulatory oversight and brings crypto assets closer to traditional financial markets.
Key changes under the new framework include:
Insider trading rules applied to crypto: Trading based on undisclosed material information will now be prohibited, similar to rules in stock markets.
Mandatory annual disclosures: Crypto issuers will be required to publish regular reports, improving transparency and investor access to project information.
Stronger enforcement against unregistered exchanges: Penalties will be increased to curb illegal or non-compliant operations.
Beyond tighter regulation, the move is widely seen as a signal of growing institutional acceptance of digital assets in Japan. Analysts expect the clearer legal framework could support the development of crypto ETFs in the coming years and attract more institutional capital.
By integrating crypto into its core financial regulations, Japan is positioning the sector as part of a more mature and transparent financial system rather than an unregulated frontier market.


Japan Moves to Classify Crypto as Financial Instru

BASED: Hyperliquid’s On-Chain Super App

Bitcoin Up 2 Weeks: Beginning or End?HTX Community Spring Creation ContestClaim1,200 USDT in the Monthly Creation Challenge 'Bitcoin taxes make no sense': Washington think tank argues US rules hinder 

'Bitcoin taxes make no sense': Washington think tank argues US rules hinder everyday payments

The Cato Institute has argued that current U.S. tax treatment makes using bitcoin for payments impractical.

Research fellow Nick Anthony suggested regulatory changes to remove capital gains on crypto payments or to introduce broader de minimis exemptions.

The Cato Institute, a Washington-based think tank, has taken aim at the U.S. tax treatment of bitcoin, arguing that the current framework makes everyday use of the asset as money impractical.

In a blog post published this week, research fellow Nick Anthony wrote that “bitcoin taxes make no sense,” pointing to capital gains rules that treat every transaction as a taxable event.

“It’s never been easier to use bitcoin as money,” Anthony said. “Yet, at the same time, the tax code puts an incredible burden on law-abiding citizens.”

Under current U.S. rules, bitcoin ￼BTC+0.72%￼

 is treated as property rather than currency. That means spending it — even on small purchases — requires users to calculate gains or losses based on when the asset was acquired and its value at the time of the transaction.

The result, Anthony argued, is a system that discourages real-world use. Simply buying a cup of coffee daily using bitcoin can translate into dozens of pages of filings over time, as each transaction must be tracked and reported individually. He also pointed to the administrative burden involved. Users must report acquisition dates, cost basis, and transaction values for every payment, typically through Form 8949 and related filings.

Beyond complexity, the structure itself incentivizes holding over spending.

Capital gains rules are designed to reward long-term investment behavior, a feature that clashes with bitcoin’s potential role as a medium of exchange, the report stated.



'Bitcoin taxes make no sense': Washington think ta

On April 16, JPMorgan analysts stated that negotiations on the U.S. Cryptocurrency Market Structure Act (the CLARITY Act) have entered the final stage, with both sides working to reach compromises on 

JPMorgan: Negotiations on the CLARITY Act Enter Final Stage, Disputes Reduced to 2-3 Core Issues

Earn Limited-Time 10% APY on $HTX Staking

$ERA has shown a sharp shift in momentum after defending key support around the 0.1190 level, triggering a strong rebound and flipping short-term sentiment back to bullish. After the bounce, price sur

$ERA has shown a sharp shift in momentum after defending key support around the 0.1190 level, triggering a strong rebound and flipping short-term sentiment back to bullish.
After the bounce, price surged with a strong green candle, pushing up to around 0.1388 (+5.15% in 24h) and breaking out of its recent consolidation range. This move signals a potential structural shift after an extended period of sideways trading.
🔹 Technical Signals Turn Bullish
Several key indicators are now aligning in favor of buyers:
📈 MACD turning positive, with improving momentum
📊 DIF line strengthening, suggesting trend recovery
🔁 Supertrend flip to green, confirming bullish trend shift
🧱 Formation of a higher low at 0.1190, reinforcing structure change
Together, these signals suggest that downside pressure is easing while momentum is gradually shifting upward.
🔹 Volume and Participation Improving
Alongside price action, trading volume has started to pick up, indicating renewed market participation. This is important because breakouts supported by volume tend to have stronger follow-through compared to low-volume moves.
🔹 Key Price Zones to Watch
Current market structure highlights several important levels:
⚡ Aggressive entry zone: 0.1320 – 0.1340
🟡 Safer pullback zone: 0.1280 – 0.1300
🟢 Deep accumulation zone: 0.1220 – 0.1250
These areas may act as potential support if price retraces.
🔹 Upside Targets
If momentum continues, potential upside levels include:
🎯 Short-term target: 0.1469 (previous high)
🚀 Next target: 0.1561
🌊 Extended target: 0.1700+ (requires sustained volume)
🔹 Risk Level
Invalidation remains clear:
❌ Break below 0.1190 / 0.1165 would invalidate the bullish structure
Risk management remains essential as the trend is still in early transitio


$ERA Breaks Out From Consolidation as Bullish Stru

On April 16, the UK's Financial Conduct Authority (FCA) is seeking feedback on the regulatory framework for specific digital asset activities under its crypto roadmap. This consultation covers how act

FCA Seeks Feedback on Crypto Regulations Ahead of New Rules Implementation

Vote to help HTX win & share 300 USDT!

HTX Community Spring Creation ContestBitcoin Up 2 Weeks: Beginning or End?Cardano (ADA) Builds Momentum as Buyers Defend Key Support Cardano (ADA) is showing signs of recovery as it holds firmly above

Cardano (ADA) Builds Momentum as Buyers Defend Key Support
Cardano (ADA) is showing signs of recovery as it holds firmly above its key support zone, attracting attention from traders and investors. Recently, ADA has been consolidating after a slight pullback, but strong buying interest at lower levels suggests that accumulation is taking place. This behavior often indicates a potential bullish move in the near term.
One of the main reasons behind ADA’s stability is the continued development within the Cardano ecosystem. Improvements in smart contracts, DeFi projects, and network upgrades are boosting long-term confidence. As more projects build on Cardano, demand for ADA is expected to increase. However, like the broader crypto market, ADA is still facing resistance due to short-term selling pressure.
📊 Current Market Situation:
ADA is currently trading around the $0.70 – $0.75 range, which is acting as a key consolidation zone. This level is important because it determines whether the price will move higher or face another correction. Volume is slowly increasing, indicating a possible upcoming breakout.
📈 Price Prediction (Short-Term):
If ADA breaks above $0.78 resistance, next targets could be:
➡️ $0.90
➡️ $1.00
If rejection occurs:
➡️ Support levels: $0.65 – $0.68
📌 Final Insight:
Cardano’s structure is currently neutral to bullish, with accumulation signals visible. A confirmed breakout could lead to a strong upward trend.

Cardano (ADA) Builds Momentum as Buyers Defend Key

HTX Community Spring Creation ContestBitcoin Up 2 Weeks: Beginning or End? Blockchain Forum 2026, MoscowSupreme Court Justice Ketanji Brown Jackson has intensified her public criticism of the conserva

Supreme Court Justice Ketanji Brown Jackson has intensified her public criticism of the conservative-majority court's increasing reliance on its emergency docket — a fast-track legal pathway that has repeatedly been used to advance policies backed by President Donald Trump.Speaking at Yale Law School in a closed event whose video was later released, Jackson argued that the conservative justices are intervening too hastily in cases that lower courts have not yet fully resolved. She warned that this trend has produced a "corrosive effect" on the American judicial system, creating what she called "zombie proceedings" — situations where lower courts are stripped of their authority while cases remain unresolved before them.The emergency docket, often referred to as the "shadow docket," allows the Supreme Court to issue brief, unsigned rulings on an expedited basis, bypassing the standard process of public oral arguments and detailed written opinions. Jackson stressed that this mechanism was once reserved for rare and urgent situations, such as death row appeals, but has since evolved into a routine tool for deciding controversial policy matters.Since Trump returned to office in early 2025, the court's use of this pathway has surged dramatically. Rulings issued through it have enabled the administration to move forward on several contested policies, including immigration enforcement, a military ban on transgender individuals, federal agency firings, and foreign aid reductions — all while legal challenges were still pending in lower courts.Jackson cautioned that steering the nation's highest court into the center of every divisive political issue undermines its institutional credibility. She argued that emergency rulings are meant solely to prevent harm caused by litigation delays, not to establish binding legal precedent. Her remarks directly challenged Justice Ne

Supreme Court Justice Ketanji Brown Jackson has in

HTX Community Spring Creation ContestVote to help HTX win & share 300 USDT!Claim1,200 USDT in the Monthly Creation Challenge Buried inside a new Bitcoin security proposal is a provision that could sav

Buried inside a new Bitcoin security proposal is a provision that could save stragglers from losing everything.

Anyone who misses the upgrade deadline but still holds their seed phrase would have a path to recovery through zero-knowledge proof technology — a last-resort mechanism built into the final phase of BIP-361, a draft posted to GitHub on Tuesday by cypherpunk Jameson Lopp and five co-authors.

The full proposal is a three-phase plan designed to protect Bitcoin from a threat that has quietly grown more serious: the eventual ability of quantum computers to crack the cryptographic keys protecting early Bitcoin addresses.

Satoshi’s Fortune At The Center Of It All
About 1.7 million BTC sits in old-style addresses known as P2PK — the kind used in Bitcoin’s earliest days. Those addresses expose public keys directly, making them vulnerable once quantum computing reaches sufficient power.

Satoshi Nakamoto’s stash alone is valued at roughly $74 billion at current prices. According to the proposal’s authors, if a bad actor gained quantum access to those coins, the damage to Bitcoin’s value and credibility could be severe.


New 3-step strategy targets quantum risk. Source: Github
BIP-361 builds on BIP-360, released in February, which introduced a new quantum-resistant address format called pay-to-Merkle-root, or P2MR. That earlier proposal protects new coins. BIP-361 tackles what BIP-360 left unresolved — the roughly 34% of Bitcoin’s total supply still sitting in vulnerable addresses.

The plan unfolds in stages. Three years after activation, sending BTC to old-style addresses would no longer be allowed. Two years after that, old-format signatures would be invalidated entirely.

Any coins that haven’t been moved by then would be frozen. The third phase — the rescue window — gives late movers a technical route to reclaim funds using proof of seed ownership.

BTCUSD trading at $73,722 on the 24-hour chart: TradingView
The Community Response Has Been Blunt
The proposal

Buried inside a new Bitcoin security proposal is a

Core Dao Coin Buy

Article

edge soared to 1.0899 USDT, a new high with a 24-hour increase of -0.10%. It currently trades at 1.027 USDT on HTX.

cfg soared to 0.2115 USDT, a new high with a 24-hour increase of -4.34%. It currently trades at 0.2005 USDT on HTX.

Israel Warns of Possible Renewed Conflict with Iran, Continues Strikes on Hezbollah

SpaceX Plans Site Visits for Potential Major Investors Ahead of Large IPO

US Dollar Index Declines 0.07% on April 15

Iranian Speaker Ghalibaf: Lebanon's Ceasefire is a Result of Resistance Front's Struggle

Bitunix Analyst: Energy Supply Risks Shift to Manageable but Not Resolved, Delayed Responses in Policy and Corporate Behavior, Market Enters Asymmetric Pricing Phase

Core Dao Coin Buy

Tous les commentaires0RécentPopulaire

Sujets d'actualité