HYPE jumps 11% as Trump says CFTC is working to bring Hyperliquid to U.S.
- On Wednesday, President Donald Trump announced that Commodity Futures Trading Commission Chair Mike Selig is working to bring Hyperliquid into the United States in a fully compliant manner.
- Hyperliquid is a decentralized exchange best known for "perpetual futures," leveraged contracts that historically flourished outside the U.S. due to regulatory restrictions limiting offshore platforms.
- Shares of Hyperliquid Strategies jumped 31% on Wednesday, while options volume surged to nearly eight times the 30-day average amid heavy call trading activity.
- David Schamis, CEO of Hyperliquid Strategies, said "when Trump says it at a press conference, it means it's a priority," indicating the CFTC's responsiveness signals momentum.
- Bringing the platform onshore remains complex; U.S. derivatives exchanges face strict registration and oversight rules, and the CFTC has not yet officially approved the exchange's operations.
17 Articles
17 Articles
Trump Opens Door to Hyperliquid as US Pulls Crypto Trade Onshore
President Donald Trump said US regulators are working to bring Hyperliquid, a fast-growing crypto platform, into the country, offering one of the clearest signals yet that the White House wants to pull a major piece of the industry’s offshore market infrastructure onshore.
STOCK MARKET: Call-buying bonanza around Trump’s Hyperliquid comments includes eyebrow-raising trades
Traders work on the floor of the New York Stock Exchange. NYSE Wednesday was already shaping up to be the best for crypto assets in recent memory, with bitcoin trading the highest since June as President Donald Trump scheduled a meeting with industry leaders. Then the big news hit. Around 3 p.m. ET, the president hinted at regulating Hyperliquid, the decentralized exchange that’s been garnering popularity among traders as the home base of “perpe…
Call-buying bonanza follows Trump’s Hyperliquid comments, with eyebrow-raising trades
Call-buying bonanza follows Trump’s Hyperliquid comments, with eyebrow-raising trades Click this link for the original source of this article. Author: CNBC This content is courtesy of, and owned and copyrighted by, https://www.offthepress.com and its author. This content is made available by use of the public RSS feed offered by the host site and is used...
Crypto Stock Soars After Trump Promotes It At WH
The Street reports: President Donald Trump hosted crypto, prediction-market and traditional-finance executives at the White House on Aug. 19, a day before the Commodity Futures Trading Commission’s inaugural Innovation Advisory Committee meeting in Washington. Executives from Coinbase, Ripple, Kraken, Robinhood, Gemini, Nasdaq and Intercontinental Exchange attended alongside SEC Chair Paul Atkins and CFTC Chair Michael Selig. Trump singled out d…
Coverage Details
Bias Distribution
- 38% of the sources are Center, 37% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
