#Satoshi Net Worth Tops Bill Gates#
Arkham announced on social media that Satoshi Nakamoto is now wealthier than Bill Gates, with a net worth reaching $116.7 billion compared to Gates' $116.2 billion.
💬 What does this mean for the crypto market? How will Satoshi's wealth impact Bitcoin's future and interest from mainstream investors?
#Trump BTC ETF Application#
Truth Social, operated by Trump Media & Technology Group, has applied for a Bitcoin spot ETF through a partner. The fund aims to track Bitcoin's spot price performance. If approved, Truth Social would be the first social media platfor
Hyperliquid (HYPE) To Rebound? Key Harmonic Pattern Signals Potential Upside Move
Date: Sat, May 31, 2025 | 05:25 AM GMT The cryptocurrency market experienced a sharp correction over the past 48 hours, dragging most major tokens into the red. Bitcoin (BTC) briefly dropped to $103K, while Ethereum (ETH) slipped to around $2,500. This sudden move triggered heavy selling in altcoins — including Hyperliquid (HYPE), which saw a sharp retracement after recent bullish momentum. HYPE is currently trading in the red but has surged over 125% in the last 60 days, and now a well-known harmonic pattern forming on its chart suggests that a rebound may be on the horizon.
Source: Coinmarketcap Harmonic Pattern Signals More Upside In the 2-hour timeframe, HYPE is forming a Bearish Butterfly harmonic pattern — a structure that, despite its name, often leads to further upward movement before reaching a key reversal point. The formation began after HYPE was rejected at $65.06 (point X), leading to a 13% drop and bottoming around $30.65 (point A). This formed the initial XA leg of the harmonic pattern.
Hyperliquid (HYPE) 2H Chart/Coinsprobe (Source: Tradingview) From there: AB Leg: HYPE retraced 81.8% of the XA drop — fitting within ideal harmonic parameters.BC Leg: It bounced again, correcting around 93.4% of the AB leg and finding support near $30.89 (point C).CD Leg: The final leg has now begun, with bulls eyeing the 1.272 Fibonacci extension at $36.30 as the primary target (point D). If this pattern completes, it could trigger a temporary top, but also offer solid opportunities for traders aiming to ride the last leg of the bullish wave. What’s Next for HYPE? Currently trading around $31.75, HYPE has room to climb around 14% toward the $36.30 level. If market sentiment continues to improve, and momentum remains strong, an extended move toward the 1.618 Fibonacci level at $37.83 could also be in play. However, traders should stay cautious. Ethereum (ETH)’s price action remains unstable and could have a ripple effect on altcoins like HYPE. A failure to hold above $30.65 support could invalidate the pattern. Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions.