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Altcoins & DeFi

AAVE Price Bounce Could Trigger a Bullish Breakout as HYPE Slips Toward $70

Image: Crypto Daily

Three Things to Know A Hyperliquid treasury company has asked US regulators to let a subsidiary act as a futures broker for HIP-3 markets. AAVE momentum has turned up while HYPE still shows sellers in control. HYPE's first support near $76 now stands between the token and a test of its 200-day average. Hyperliquid Strategies, the Nasdaq-listed company that holds a large slice of HYPE supply, wants a US futures license. Its subsidiary filed with the CFTC to serve American traders on HIP-3 markets. The filing could widen US access to Hyperliquid, though approval may take months. Traders now face a split market. HYPE keeps sliding after a rough week, while AAVE shows early signs of a turn.

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