Invest ideasNews
22 May 2026, 14:51
Cardano’s Unique “Science Coin” Legacy at Risk, Charles Hoskinson Cautions— Here’s Why
Hoskinson has called on DReps to support a new proposal, cautioning that rejecting the initiative could weaken one of Cardano’s defining strengths.
22 May 2026, 14:50
Pyth Network Restores Price Feeds After Outage, Says Paid Service Unaffected
BitcoinWorld Pyth Network Restores Price Feeds After Outage, Says Paid Service Unaffected Pyth Network has confirmed that a recent price feed failure, which disrupted its legacy Pyth Core service for several hours, has been fully resolved. The decentralized oracle network announced via X that the system was restored at 1:00 p.m. UTC on the day of the incident. What Happened and What Was Affected The outage was confined to Pyth Core, a free legacy product that is scheduled to be discontinued on July 31 following a DAO decision. Pyth Network emphasized that its paid infrastructure, Pyth Pro, remained fully operational throughout the incident. Major clients including Kalshi, Coinbase, and LMAX were able to continue their operations without disruption. Earlier reports indicated that a failure in the Pythnet and Hermes systems caused a core price feed outage lasting more than four hours. The incident raised concerns among users reliant on free oracle services for decentralized finance applications. Implications for Users and the Market The outage highlights the risks associated with relying on legacy or free-tier infrastructure in the fast-paced cryptocurrency market. Pyth Network’s prompt resolution and communication helped contain potential market impact, but the event serves as a reminder for users to consider migrating to more robust paid services. Pyth Network reiterated its recommendation for users to migrate to Pyth Pro before the July 31 shutdown of Pyth Core. The paid service offers higher reliability and priority support, which is critical for institutional clients and high-frequency trading operations. Why This Matters Oracle networks like Pyth are critical infrastructure for DeFi protocols, providing real-time price data for assets. Any disruption can trigger cascading effects, including liquidations, failed trades, and loss of user trust. The fact that paid services remained unaffected may accelerate industry adoption of premium oracle solutions. Conclusion Pyth Network has resolved the price feed failure affecting its legacy Pyth Core service, while its paid Pyth Pro infrastructure remained stable. The incident underscores the importance of using reliable, paid oracle services for critical financial operations. Users are advised to migrate to Pyth Pro before the July 31 deadline. FAQs Q1: What caused the Pyth Network price feed failure? The failure was related to the Pythnet and Hermes systems, affecting the free legacy product Pyth Core. Q2: Were any major clients affected? No. Clients using Pyth Pro, including Kalshi, Coinbase, and LMAX, continued operating without disruption. Q3: When will Pyth Core be discontinued? Pyth Core is scheduled to be discontinued on July 31, following a DAO decision. Users are encouraged to migrate to Pyth Pro. This post Pyth Network Restores Price Feeds After Outage, Says Paid Service Unaffected first appeared on BitcoinWorld .
22 May 2026, 14:45
Bitwise Hyperliquid ETF Surpasses $30.5M AUM Within Five Trading Days
BitcoinWorld Bitwise Hyperliquid ETF Surpasses $30.5M AUM Within Five Trading Days Bitwise Asset Management has announced that its spot Hyperliquid (HYPE) exchange-traded fund, trading under the ticker BHYP, has accumulated over $30.5 million in assets under management (AUM) within just five days of its market debut. The fund, which provides direct exposure to the Hyperliquid ecosystem, has seen cumulative net inflows of $26.9 million during this initial period. Rapid Market Adoption and Trading Volume The BHYP ETF has recorded an average daily trading volume of $9.2 million since its launch, signaling strong investor interest in Hyperliquid-focused products. This rapid accumulation of AUM places the fund among the faster-growing crypto ETF launches in recent months. Bitwise disclosed the figures via its official X account, providing a transparent view of the fund’s early performance metrics. Bitwise’s Unique Fee Structure and Corporate Strategy In a move that differentiates the fund from many competitors, Bitwise has committed to converting 10% of the management fees generated by BHYP into HYPE tokens. These tokens will be held as a corporate asset on Bitwise’s balance sheet. This strategy aligns the firm’s financial interests with the long-term performance of the Hyperliquid network, potentially appealing to investors seeking products with a strong alignment between fund managers and asset performance. Implications for the Crypto ETF Market The strong early inflows into BHYP suggest a growing appetite for specialized, single-asset crypto ETFs beyond the major cryptocurrencies like Bitcoin and Ethereum. Hyperliquid, a decentralized exchange and Layer-1 blockchain known for its high-speed trading capabilities, has attracted a dedicated user base. The ETF’s performance may encourage other asset managers to launch similar products for emerging blockchain ecosystems, potentially broadening the range of digital asset investment vehicles available to traditional investors. Conclusion Bitwise’s BHYP ETF has demonstrated significant early momentum, with $30.5 million in AUM and $26.9 million in net inflows within its first five trading days. The fund’s strong trading volume and unique fee-conversion strategy highlight a maturing market for crypto ETFs that offer targeted exposure to specific blockchain networks. Investors and market observers will be watching closely to see if this growth trajectory continues in the coming weeks. FAQs Q1: What is the Bitwise HYPE ETF (BHYP)? A: BHYP is a spot exchange-traded fund that provides direct exposure to Hyperliquid (HYPE), a decentralized exchange and Layer-1 blockchain. It trades on traditional stock exchanges, allowing investors to gain exposure to HYPE without directly holding the cryptocurrency. Q2: How much has the BHYP ETF grown since launch? A: Within five trading days, the fund reached $30.5 million in AUM, with cumulative net inflows of $26.9 million and an average daily trading volume of $9.2 million. Q3: What is Bitwise’s fee conversion strategy? A: Bitwise has committed to converting 10% of the management fees generated by the BHYP ETF into HYPE tokens, which will be held as a corporate asset on the firm’s balance sheet. This aligns Bitwise’s interests with the long-term performance of the Hyperliquid network. This post Bitwise Hyperliquid ETF Surpasses $30.5M AUM Within Five Trading Days first appeared on BitcoinWorld .
22 May 2026, 14:43
Polymarket Hit by $520K Exploit and House Probe; Binance Disputes Iran Report
Crypto News The House Oversight Committee opened a formal investigation Friday into prediction-market giants Kalshi and Polymarket, citing concerns over insider trading and wagers placed on classif...
22 May 2026, 14:41
Bitcoin Holds $76.8K as Warsh Sworn In at Fed, SpaceX $75B IPO Eyes Mag 8 Entry
Bitcoin News Bitcoin extended its tight consolidation pattern around the $77,000 level during Friday's U.S. session, with traders showing little appetite for directional positioning ahead of a pivo...
22 May 2026, 14:39
Michael Saylor says Bitcoin has bottomed, Calls market a ‘Spring’ phase
Bitcoin price has slid straight from $125,000 to $60,000 levels over the last 6 months, leading the crypto market’s massive decline. However, Michael Saylor suggests that the BTC market will recover soon. In an interview, Saylor described the situation as a warming spring period. He mentioned that BTC is currently in a highly supported zone and is set for recovery. The cumulative digital assets market stood clueless on Friday as the biggest tokens barely moved. The total crypto market cap hovers below $2.6 trillion with a 24-hour trading volume of $75 billion. The Fear and Greed Index depicts that “Fear” has returned among the investors after witnessing the fresh dip. Strategy may buy all Bitcoin mined until 2140 Former Strategy CEO highlighted that the scale of the strategy that the firm intends to pursue regarding Bitcoin for many years. He said that “Our company may buy all the Bitcoin produced by miners from now until 2140.” He even claimed that the demand from institutions and corporations for BTC was steadily rising. It happened along with the expansion of the credit markets for digital assets. The year 2140 is the projected year the last Bitcoin will be mined. This morning on CNBC, I discussed the case for Digital Credit $STRC , its impact on $MSTR , and my long-term $BTC forecast with @JoeSquawk . pic.twitter.com/0Hmz8BLfuG — Michael Saylor (@saylor) May 21, 2026 Strategy became the largest corporate holder of Bitcoin among publicly traded companies. As of now, it holds more than 840,000 BTC. CoinGecko Treasury Tracker shows that the firm continuously bought BTC despite market conditions being bearish or bullish. Strategy accumulated over 100,000 BTC year-to-date. With those actions, the firm has solidified Saylor’s well-known “buy and hold” strategy. Bitcoin price has dropped by almost 3% over the last 7 days. BTC is now down by more than 12% on YTD basis. It is trading at an average price of $76,863 at the press time. It 24 hour trading volume dropped by 7.5% to hit $25.3 billion. Saylor’s recent “bottom call” is one of the many Bitcoin predictions he made during the past few years. He claimed at the beginning of April that the Bitcoin bottom was close to $60,000. It was due to improved macroeconomic conditions, anticipated interest rate cuts, and ETF inflows. Some of Saylor’s bullish calls have aligned with longer-term market recoveries. Strategy began aggressive buying of Bitcoin in 2020 when the crypto was trading below $20,000. BTC then climbed above six figures. Saylor’s ‘Never Sell’ narrative faces fresh pressure Critics believe that Saylor’s forecasts are closely linked to Strategy’s balance sheet exposure. The company has funded many of its purchases through convertible debt and preferred-share issuances tied to Bitcoin move. He is already facing scrutiny over his advice of Strategy of selling some Bitcoin to fund dividend obligations. This sparked a debate among investors and crypto traders over the company’s “never sell” narrative. Some blockchain indicators partially support Saylor’s argument that Bitcoin may be stabilizing after a prolonged correction. Analytics provider Glassnode says the market-value-to-realized-value, or MVRV, ratio is commonly used to identify potential market tops and bottoms by comparing Bitcoin’s market capitalization against the aggregate acquisition cost of holders. Historically, periods where the ratio approaches fair-value territory have coincided with late-stage bear markets and accumulation phases. Recent derivatives data also points to renewed speculative positioning. Bitcoin open interest on Binance moved back above its 180-day moving average after an eight-month deleveraging cycle, suggesting traders are rebuilding leveraged positions. However, leverage risk remains elevated. ChainCatcher cited exchange data showing cumulative long liquidations could exceed $1.5 billion if Bitcoin falls below $73,655, highlighting how heavily positioning has shifted toward bullish expectations. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .
