BTC breaks through the $78000 mark

Hyperliquid data display: The HYPE/USDC perpetual 4H cycle K-line shows that the price is currently around 56.220 (+18.10%), showing a violent upward trend. From the perspective of EMA indicators, EMA10, EMA40, and EMA250 show a clear bullish trend, with short-term moving averages rising above the golden cross and providing strong support. After rapidly rising from the previous low of 43.422, the price broke through the previous high of around 57.098, and the 4H level upward channel was fully opened, indicating strong short-term bullish momentum. In terms of trading volume: During the upward trend, there was a significant increase in volume, and the combination of volume and price was very healthy, indicating strong intervention from long positions. The MACD indicator DIF crosses DEA, the bar rapidly enlarges, and the positive area expands, further confirming the release of upward momentum. News and market sentiment: HYPE's recent strong rise is mainly due to the continuous outbreak of Hyperliquid platform fundamentals: HIP-3/HIP-4 ecosystem promotion, continuous record high trading volume of commodities and indices (high leverage trading of TradFi assets such as silver, oil, SP500, etc.), stable platform revenue, and favorable news for HYPE through repurchase and burning mechanism. The deepening cooperation between Coinbase and Hyperliquid, the large-scale institutional layout (including continuous purchases of a16z related wallets), and the potential indirect benefits of ETFs such as Bitwise for HYPE may further boost market sentiment. In community discussions, voices such as "HYPE is a direct beneficiary of platform revenue" and "representative of the bull market for platform coins" dominate. Trading opportunity analysis: In the 4H cycle, the long position of EMA is stable+the volume breaks through the previous high point+platform fundamentals+institutional sentiment resonance. Under the strong resonance of multiple signals, HYPE still has the potential to continue to rise in the short term. Hyperliquid, as the main battlefield for HYPE's high leverage perpetual trading, has significant trading advantages and is suitable for trend tracking or band operations under strict risk control. However, the volatility of platform coins is relatively high and has risen significantly in the short term. We need to be alert to the risk of profit taking and suggest setting trailing stops or taking profits in batches. Take immediate action: AiCoin can achieve one click authorization for Hyperliquid, lightning fast ordering, truly winning in order speed!

Monitoring shows that the "PEPE Band Winning Rate 100% Whale" is suspected of clearing its position, with a cumulative loss of approximately $171 million. In the past 12 hours, the address has recharged 63.9 billion PEPEs to Bitget, worth approximately $236 million, at a recharge price of $0.000003687. The cost of building a warehouse is approximately $0.00001683, and selling it would result in a loss of approximately $8.4 million. In addition, the address has also recharged other tokens such as UNI and CAKE, but the specific purpose is not yet clear. (Auntie Ai)

According to Bloomberg, informed sources have revealed that Kalshi is expected to raise an additional $200 million from Baillie Gifford and Layer Global, expanding its previous $1 billion funding led by Coatue Management, and maintaining a valuation of $22 billion. At the beginning of this month, Kalshi announced the completion of a $1 billion Series F funding round led by Coatue Management, with other participants including Sequoia Capital Andreessen Horowitz、IVP、Paradigm、 Morgan Stanley and ARK Invest. Kalshi's monthly trading volume exceeded $14 billion in April, with an annualized revenue of over $1.5 billion.

SEC Chairman Paul Atkins is soliciting public opinions on the ETF proposal for the prediction market. （Cointelegraph）

According to Cointelegraph, Missouri Attorney General Catherine Hanaway has sued cryptocurrency ATM operator CoinFlip, accusing it of intentionally facilitating fraudulent transactions targeting seniors and veterans and profiting. The lawsuit requests the court to rule that CoinFlip violated the Missouri Business Conduct Act, prohibit its operations in the state, impose a fine of $1000 for each violation over the past five years, up to a maximum of $1.826 million, and compensate consumers. CoinFlip operates 136 cryptocurrency machines in Missouri and 4229 in the United States.